POL (ex-MATIC) Price: Buyers May Prevail Over Sellers

Bulls are resisting Bears’ pressure

POL (ex-MATIC) Price Analysis – 14 October

After breaking through the $0.43 barrier, POL (ex-MATIC) might be able to move on to the $0.47 and $0.52 difficulty levels. If sellers can gain some momentum, the market may be able to break below the $0.42 support level and expose itself to the $0.41 and $0.39 levels.

Key Levels:

Resistance levels: $0.43, $0.47, $0.52

Support levels: $0.42, $0.41, $0.39

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

POL (formerly MATIC) has a promising future. On June 7, the coin’s value started to drop, and on August 5, it dropped as low as $0.39. After the contestants’ match, something happened at the $1.27 mark. Even with the three-week cost reduction, $0.39 is still needed. More market losses are being stopped by consumers. The first level allotted was held by bulls. As the currency attempted to test the resistance level of $0.43, its value increased. Two tests were conducted on the $0.41 support level last week. The target was the previous high level of $0.43, and bears were now opposing it.

When POL is trading above the Hull Suite crypto signals indicator, bulls are in control of the market. After breaking through the $0.43 barrier, POL (ex-MATIC) might be able to move on to the $0.47 and $0.52 difficulty levels. If sellers can gain some momentum, the market may be able to break below the $0.42 support level and expose itself to the $0.41 and $0.39 levels.

POL (ex-MATIC) -term Trend: Bullish

A POL’s four-hour inclination is shown. The price action that occurred last week around the $0.35 level resulted in the formation of a modest double bottom chart pattern on the 4-hour time frame. The downward trend reversed. Bulls took over the market from bears. The trend is moving toward $0.43, which would signal the conclusion of the negative period, despite sellers’ resistance

Given that Hull Suite is currently less expensive than POL (ex-MATIC), a premium price seems sense. When there is a chance of contract fulfillment, the QQE MOD indicator is higher than zero.

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