POL (ex-MATIC) Price May Advance to $0.52 Level

Bulls may overpower Bears

POL (ex-MATIC) Price Analysis – 21 October

POL (ex-MATIC) may be able to advance to the $0.47 and $0.52 difficulty levels after overcoming the $0.43 barrier. The market might be able to break below the $0.42 support level and expose itself to the $0.41 and $0.39 levels if sellers can gather some momentum.

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

The future of POL (ex-MATIC) seems bright. The coin’s value began to decline on June 7 and fell as low as $0.39 on August 5. Something occurred at the $1.27 mark following the contestants’ match. $0.39 is still required despite the three-week cost reduction. Customers are preventing more market losses. Bulls occupied the first level that was assigned. The value of the currency rose as it tried to test the $0.43 resistance level. Last week, two tests were run on the $0.41 support level. Bears were now opposing the target, which was the prior high level of $0.43.

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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 $0.47 and $0.52 difficulty levels after overcoming the $0.43 barrier. The market might be able to break below the $0.42 support level and expose itself to the $0.41 and $0.39 levels if sellers can gather some momentum.

POL (ex-MATIC) – term Trend: Bullish

The four-hour inclination of a POL is displayed. A minor double bottom chart pattern was formed on the 4-hour time frame as a result of the price action that took place last week around the $0.35 level. The decreasing trend turned around. Bears lost the market to bulls. Despite sellers’ resistance, the trend is heading toward $0.43, which would indicate the end of the negative period.

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

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