POL (ex-MATIC) Price: Bullish Trend May Continue

Bulls are regaining pressure in POL market

POL (ex-MATIC) Price Analysis – 18 November

POL (ex-MATIC) may be able to advance to the $0.449 and $0.589 difficulty levels after surpassing the $0.394 barrier. The market might be able to break below the $0.349 support level and expose itself to the $0.284 and $0.250 levels if sellers can get some traction

Key Levels:

Resistance levels: $0.394, $0.499, $0.589

Support levels: $0.349, $0.284, $0.250

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

The movement of POL (ex-MATIC) seems to be bullish. The coin’s value began to decline on June 7 and fell as low as $0.349 on August 5. Something occurred at the $1.27 mark following the contestants’ match. $0.349 is still required despite the three-week cost reduction. Customers are avoiding more market losses. Bulls occupied the first assigned level. When buyers increased their pressure, the currency bounced back from its low level to $0.394 resistance level. Bulls are now aiming to break up $0.349 level, which was the previous high level.

Bulls are in charge of the market when POL is trading above the Hull Suite crypto signals indicator. POL (ex-MATIC) may be able to advance to the $0.449 and $0.589 difficulty levels after surpassing the $0.394 barrier. The market might be able to break below the $0.349 support level and expose itself to the $0.284 and $0.250 levels if sellers can get some traction.

POL (ex-MATIC) -term Trend: Bullish

The four-hour inclination of a POL is displayed. On the 4-hour time frame, a small bullish engulfing candle pattern was formed as a result of the price action that took place last week around the $0.349 level. The downward trend reversed. The market was lost by bears to bulls. The trend is testing $0.394 in spite of sellers’ resistance, which would mean that the positive phase may continue.

A premium price seems reasonable considering that Hull Suite is currently less expensive than POL (ex-MATIC). The QQE MOD indicator is greater than zero when contract fulfillment is feasible.

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