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POL (prev.MATIC) Price Is Returning to Previous High at $0.28

Azeez Mustapha
Updated 1 min read
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POL (prev.MATIC) Price Is Returning to Previous High at $0.28

Buyers oppose Sellers at $0.19 level

POL (prev.MATIC) Price Analysis – 06 October

If POL (prev.MATIC) can overcome the $0.24 resistance level, it could be able to proceed to the $0.26 and $0.28 difficulty levels. However, it will be exposed to the $0.19 and $0.16 levels if the $0.22 support level breaks.

Key Levels:

Resistance levels: $0.24, $0.26, $0.28

Support levels: $0.22, $0.19, $0.16

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

POL (prev.MATIC) is one cryptocurrency that exemplifies positive momentum. The coin’s value fell to $0.22 on September 25 before starting to incline. Something happened once the price decline hit the specified level. A test was conducted at $0.22 two days after the price decrease. Financial upturns are becoming less frequent for consumers. The bulls were on the first floor. The currency recovered from its low near the $0.22 barrier level when buyers applied more pressure. After testing the $0.24 barrier, bulls are trying to move the price towards the $0.26 barrier.

POL (prev.MATIC) Price Is Returning to Previous High at $0.28

If POL (prev.MATIC) can overcome the $0.24 resistance level, it could be able to proceed to the $0.26 and $0.28 difficulty levels. However, it will be exposed to the $0.19 and $0.16 levels if the $0.22 support level breaks. When POL is trading above the Hull Suite crypto signals indicator, the market is controlled by bulls.

POL (ex-MATIC) -term Trend: Bullish

It shows a POL’s four-hour inclination. The price movement over the past two weeks around the $0.19 level resulted in the formation of a fairly bullish engulfing candle pattern on the 4-hour time frame. It’s getting beter. Bulls are outperforming bears in the market. Despite the bears’ barrier, the trend broke through the dynamic resistance structure, signaling an aggressive bullish phase.

POL (prev.MATIC) Price Is Returning to Previous High at $0.28 A higher pricing seems appropriate considering that Hull Suite is currently less expensive than POL (prev.MATIC). Contract completion is possible if the QQE MOD signal is more than zero.

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