POL price may exceed $0.60 level
POL (ex-MATIC) Price Analysis – 25 November
After breaking through the $0.60 barrier, POL (ex-MATIC) might be able to move on to the $0.64 and $0.71 difficulty levels. If sellers can gain some strength, the market may be able to break below the $0.52 support level and expose itself to the $0.47 and $0.43 levels.
Key Levels:
Resistance levels: $0.60, $0.64, $0.71
Support levels: $0.52, $0.47, $0.43
POL (ex-MATIC) Long-term Trend: Bullish
POL’s (ex-MATIC) movement appears to be bullish. On November 06, the coin’s value started to increase, and on November 24, it rise as high as $0.47. After the contestants’ match, something happened at the $0.47 mark. Despite the three-week cost increase, $0.43 was retested. Consumers are avoiding further losses in the market. The first designated level was inhabited by bulls. The currency recovered from its low point to the resistance level of $0.52 when buyers applied more pressure. Bulls are currently trying to break through the previous high level of $0.60.
When POL is trading above the Hull Suite crypto signals indicator, bulls are in control of the market. After breaking through the $0.60 barrier, POL (ex-MATIC) might be able to move on to the $0.64 and $0.71 difficulty levels. If sellers can gain some strength, the market may be able to break below the $0.52 support level and expose itself to the $0.47 and $0.43 levels.
POL (ex-MATIC) -term Trend: Bullish
A POL’s four-hour inclination is shown. The price action that occurred last week around the $0.43 level resulted in the formation of a modest bullish engulfing candle pattern on the 4-hour time frame. The decreasing trend turned around. Bears lost the market to bulls. Despite sellers’ resistance, the trend is testing $0.60, suggesting that the positive phase might continue.
Given that Hull Suite is currently less expensive than POL (ex-MATIC), a premium price seems fair. When contract fulfillment is achievable, the QQE MOD indication is higher than zero.
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