Sellers are increasing
POL (ex-MATIC) Price Analysis – 07 April
POL (ex-MATIC) may be able to advance to the $0.24 and $0.36 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 $0.12 and $0.10 levels if sellers can gain some impetus.
Key Levels:
Resistance levels: $0.19, $0.24, $0.36
Support levels: $0.14, $0.12, $0.10
POL (ex-MATIC) Long-term Trend: Bearish
POL (ex-MATIC) is declining. The coin’s value peaked on December 4 at $0.77 before beginning to decline. Something occurred at the designated threshold after the price rise. $0.36 was retested after a three-week price hike. Customers are avoiding additional market expansion. The first floor was set aside for the bears. When buyers increased their pressure, the currency bounced back from its low at the $0.19 support level. At the moment, bears are attempting to overcome the $0.14 barrier.
Bears are in charge of the market when POL is trading bellow the Hull Suite crypto signals indicator. POL (ex-MATIC) may be able to advance to the $0.24 and $0.36 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 $0.12 and $0.10 levels if sellers can gain some impetus.
POL (ex-MATIC) -term Trend: Bearish
The four-hour declination of a POL is displayed. On the 4-hour time frame, a fairly bearish engulfing candle pattern formed as a result of the price movement over the previous two weeks around the $0.19 level. The declining trend was noted. In the market, bears are outperforming bulls. The trend overcame the dynamic resistance structure in spite of buyers’ resistance, indicating that the negative phase would begin strongly.
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