POL (ex-MATIC) Price Pulls Back at $0.77 Level

Bullish trend may continue after a pullback

POL (ex-MATIC) Price Analysis – 09 December

POL (ex-MATIC) might be able to move on to the $0.74 and $0.77 difficulty levels. If sellers can muster some strength, the market may be able to break below the $0.65 support level and expose itself to the $0.60 and $0.52 levels.

Key Levels:

Resistance levels: $0.70, $0.74, $0.77

Support levels: $0.65, $0.60, $0.52

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

POL’s (ex-MATIC) movement appears to be bullish. On November 6, the coin’s value started to increase, and on November 24, it peaked at $0.47. After the contestants’ match, something happened at the $0.47 mark. Despite the pricing increase of three weeks, $0.43 was retested. Consumers are avoiding further losses in the market. The first designated floor was occupied by the bulls. The currency recovered from its low point to the resistance level of $0.60 when buyers applied more pressure. Bulls are currently trying to break through the previous high of $0.70.

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When POL is trading above the Hull Suite crypto signals indicator, bulls are in control of the market. After breaking through the $0.70 barrier, POL (ex-MATIC) might be able to move on to the $0.74 and $0.77 difficulty levels. If sellers can muster some strength, the market may be able to break below the $0.65 support level and expose itself to the $0.60 and $0.52 levels.

POL (ex-MATIC) -term Trend: Bullish

A POL’s four-hour inclination is shown. Last two weeks’ price action around the $0.43 level resulted in the formation of a minor 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 $0.70, suggesting that the positive phase might continue.
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