POL (prev.MATIC) Price Is Targeting Previous Low

POL market may retest $0.09 point

POL (prev.MATIC) Price Analysis – 26 January

If POL can overcome the $0.14 resistance level, it might soar to the $0.16 and $0.18 levels. However, if the $0.12 support level fails, the price may fall to the $0.10 and $0.09 levels.

Key Levels:

Resistance levels: $0.14, $0.16, $0.18

Support levels: $0.12, $0.10, $0.09

POL (prev.MATIC) Long-term Trend (Daily): Bearish

POL (prev. MATIC) is one cryptocurrency that is now showing low negative velocity. Its price fell to $0.10 on January 1st before beginning to increase. There was a test at $0.14 two days after the price reached a specific low. Consumer finances improved more slowly last week. Buyers have been active from the start. The price increased from its low of about $0.14 as buyers became more assertive. After surpassing the $0.12 threshold. To retest $0.12, it retreated. Now, sellers are trying to push the price down to $0.10.

When POL is trading below the Hull Suite crypto signals indicator, sellers are in charge of the market. If POL can overcome the $0.14 resistance level, it might soar to the $0.16 and $0.18 levels. However, if the $0.12 support level fails, the price may fall to the $0.10 and $0.09 levels.

POL (prev.MATIC) – Term Trend (4H): Bearish

POL exhibits a decline in the four-hour chart. On the 4-hour chart, the price movements over the past two weeks close to the $0.12 level created a fairly powerful engulfing candle pattern. The price rose after finding support at $0.10. The situation has not yet improved. The bullish push is waning as the bears gain ground. Despite the bulls’ resistance, the trend has broken through the dynamic support, indicating a strong bearish phase.

A price fall makes reasonable because Hull Suite is now more reasonably priced than POL (prev. MATIC). The contract can be executed if the QQE MOD signal is lower than zero.

Start using a world-class auto trading solution

You can purchase Lucky Block here.  Buy LBLOCK