POL (prev.MATIC) Price: Bulls Are Outperforming Bears

Price is heading towards $0.22 point

POL (prev.MATIC) Price Analysis – 20 October

If POL can break through the $0.22 resistance level, it might be able to move up to the $0.24 and $0.26 difficulty levels; if the $0.19 support level doesn’t hold, it will be at risk of falling to the $0.16 and $0.14 levels

Key Levels:

Resistance levels: $0.22, $0.24, $0.26

Support levels: $0.19, $0.16, $0.14

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

One cryptocurrency that is a perfect example of positive momentum is POL (prev.MATIC). On October 10, the coin’s value dropped to $0.16 before beginning to rise. Something happened once the price increase hit the predefined threshold. Two days following the price rise, a test was run at $0.19. Consumers are experiencing fewer financial downturns. On the first floor were the bulls. When bears released their hold, the currency rose from its low around the $0.14 barrier level. After testing the $0.14 barrier, bulls are attempting to move the price toward the $0.22 barrier.

Bulls control the market when POL (prev.MATIC) is trading above the Hull Suite crypto signals indicator. If POL can break through the $0.22 resistance level, it might be able to move up to the $0.24 and $0.26 difficulty levels; if the $0.19 support level doesn’t hold, it will be at risk of falling to the $0.16 and $0.14 levels.

POL (ex-MATIC) -term Trend: Bullish

It displays the four-hour inclination of a POL. On the 4-hour time frame, a fairly bullish engulfing candle pattern was formed as a result of the price movement over the previous two weeks around the $0.14 level. Things are improving. In the market, bulls are outperforming bears. The trend overcame the dynamic support structure in spite of the bears’ barrier, indicating an aggressive bullish phase.

Given that Hull Suite is currently less expensive than POL (prev.MATIC), a rise in price makes sense. If the QQE MOD signal is greater than zero, the contract can be concluded.