Bulls are waxing stronger
POL (prev.MATIC) Price Analysis – 01 September
POL (prev.MATIC) might be able to advance to the $0.31 and $0.34 difficulty levels after overcoming the $0.28 barrier. The market might be able to breach the $0.26 support level and expose itself to the $0.24 and $0.22 levels if sellers can create some momentum.
Key Levels:
Resistance levels: $0.28, $0.31, $0.34
Support levels: $0.26, $0.24, $0.22, $0.19
POL (ex-MATIC) Long-term Trend: Bullish
A prev.MATIC that is positive is POL. On August 2, the currency’s value fell to $0.19 before beginning to rise. After the price incline reached the designated level, something occurred. Two days following the price rise, a test was run at $0.26. Consumers are experiencing fewer financial upturns. The first floor was occupied by the bulls. When buyers increased their pressure, the currency bounced back from its lowest point near the $0.19 barrier level. Bulls are attempting to push through the $0.28 barrier after breaking through the $0.26 barrier.
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Bulls are in charge of the market when POL is trading above the Hull Suite crypto signals indicator. POL (prev.MATIC) might be able to advance to the $0.31 and $0.34 difficulty levels after overcoming the $0.28 barrier. The market might be able to breach the $0.26 support level and expose itself to the $0.24 and $0.22 levels if sellers can create some momentum.
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 formed as a result of the price movement over the previous two weeks around the $0.19 level. It was getting higher. In the market, bulls are surpassing bears. The trend overcame the dynamic resistance structure in spite of the bears’ barrier, indicating an aggressive bullish phase.
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