Polygon Price May Increase to $0.62 Level

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored
Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


Bulls’ momentum may break up $0.52 level

Polygon (POL) Price Analysis – 08 July

After getting beyond the $0.52 barrier, Polygon Ecosystem Token might be able to go on to the $0.57 and $0.62 difficulty levels. If sellers are able to build some momentum, the market may be able to break through the $0.47 support level and expose itself to the $0.43 and $0.35 levels.

Key Levels:

Resistance levels: $0.52, $0.57, $0.62

Support levels: $0.47, $0.43, $0.35

POL/USD Long-term Trend: Bearish

POL/USD’s long-term outlook is not encouraging. Because of the sell-off that started on March 14, the value of cryptocurrencies has dropped. This occurred after the contestants’ match, at the $1.27 mark. The total after a three-week cost reduction is $0.52. More market falls are coming to an end thanks to consumers. Bulls held onto the level that was highlighted recently. It is oscillating between the $0.52 and $0.47 levels of support and resistance. This range phase is the cause of this low volatility.

Polygon Price May Increase to $0.62 Level

When POL is trading below the Hull Suite crypto signals indicator, bears are in control of the market. After getting beyond the $0.52 barrier, Polygon Ecosystem Token might be able to go on to the $0.57 and $0.62 difficulty levels. If sellers are able to build some momentum, the market may be able to break through the $0.47 support level and expose itself to the $0.43 and $0.35 levels.

POL/USD Short-term Trend: Bearish

A polygon’s 4-hour declination is shown. The price action from the previous week around the $0.65 level resulted in the formation of a minor double bottom chart pattern on the 4-hour time scale. The bearish trend appears to be continuing. The trend is pointing lower toward the $0.52 line, indicating the end of the range period, despite buyers’ resistance.

Polygon Price May Increase to $0.62 Level

Given that Polygon is currently less priced than Hull Suite, a price drop makes logical. When the QQE MOD indicator is less than zero, a selling opportunity might be discerned.

Start using a world-class auto trading solution

You can purchase Lucky Block here.  Buy LBLOCK

 

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *