POL (prev.MATIC) Price Is Under Bulls’ Pressure

Price may retest $0.28 point

POL (prev.MATIC) Price Analysis – 28 July

POL (prev.MATIC) may be able to advance to the $0.34 and $0.35 difficulty levels after overcoming the $0.26 barrier. The market might be able to breach the $0.24 support level and expose itself to the $0.22 and $0.19 levels if sellers can create some momentum.

Key Levels:

Resistance levels: $0.26, $0.34, $0.35

Support levels: $0.24, $0.22, $0.19

POL (prev.MATIC) Long-term Trend: Bullish

POL is increasing (prev.MATIC). On June 22, the ccrypto’s value dropped to $0.16 before beginning to rise. Once the price reduction reached the predefined level, something happened. Two days following the price increase, a test at $0.17 was carried out. Consumers are experiencing fewer financial upturns. The first floor was devoted to the bears. When buyers increased their pressure, the currency bounced back from its drop near the $0.19 barrier level. Bulls are attempting to push through the $0.28 barrier after breaking through the $0.24 barrier.

Bulls are in charge of the market when POL is trading above the Hull Suite crypto signals indicator. POL (prev.MATIC) may be able to advance to the $0.34 and $0.35 difficulty levels after overcoming the $0.26 barrier. The market might be able to breach the $0.24 support level and expose itself to the $0.22 and $0.19 levels if sellers can create some momentum.

 

POL (prev.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 $0.16 level. It’s rising. In the market, bulls are surpassing bears. The trend overcame the dynamic resistance structure in spite of the bears’ opposition, indicating an aggressive beginning to the positive phase.

Given that Hull Suite is now less expensive than POL (prev.MATIC), a higher price seems reasonable. If the QQE MOD indicator is higher than zero, the contract can be executed.

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