POL (ex-MATIC) Price: A Bullish Reversal Envisaged at $0.14 Zone

Bulls may dominate market soon

POL (ex-MATIC) Price Analysis – 30 June

After breaking through the $0.19 barrier, POL (ex-MATIC) might be able to move on to the $0.21 and $0.24 difficulty levels. If sellers can generate some momentum, the market may be able to break through the $0.14 support level and expose itself to the $0.10 and $0.08 levels.

Key Levels:

Resistance levels: $0.19, $0.21, $0.24

Support levels: $0.14, $0. 10, $0.08

POL (ex-MATIC) Long-term Trend: Bearish

The ex-MATIC, POL, is pessimistic. On May 11, the value of the currency peaked at $0.28 and then began to fall. Something occurred at the designated threshold following the price decline. $0.17 was retested two days following the price rise. Consumers are avoiding more financial upturns. The first floor was set aside for the bears. When sellers increased their pressure, the currency bounced back from its peak near the $0.28 barrier level. Bears are attempting to break through the $0.14 barrier after breaking through the $0.24 barrier.

Bears are dominating the market when POL is trading below the Hull Suite crypto signals indicator. POL (ex-MATIC) may be able to advance to the $0.21 and $0.24 difficulty levels after overcoming the $0.19 barrier. The market might be able to breach the $0.14 support level and expose itself to the $0.10 and $0.08 levels if sellers can create some momentum.

POL (ex-MATIC) -term Trend: Bearish

It displays the four-hour declination of a POL. A fairly bearish engulfing candle pattern formed on the 4-hour time frame as a result of the price movement during the last two weeks around the $0.24 level. It was falling. The market is seeing bears outperform bulls. The trend burst past the dynamic resistance structure, indicating an aggressive beginning to the bearish phase, despite the bulls’ resistance.

Considering that Hull Suite is now more costly than POL (ex-MATIC), a higher price seems reasonable. With the QQE MOD indication below zero, the contract may be performed.

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