CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
coinpedia 2024-12-03 13:46:19

Polygon (POL ex-MATIC) Price Marks At $1 Amid Increased Accumulation?

The post Polygon (POL ex-MATIC) Price Marks At $1 Amid Increased Accumulation? appeared first on Coinpedia Fintech News The Polygon token has reclaimed its position in the top 30 cryptocurrencies with a weekly price surge of ~50%. With this, this Ethereum-based Layer-2 altcoin is regaining momentum and preparing itself to achieve a multi-year high this bull run. We at CoinPedia have created an in-depth Polygon price analysis and possible short-term price targets. MATIC Price On The Verge Of A Major Breakout! After recording a new yearly low, the Polygon price has experienced a strong bullish reversal. This has resulted in this altcoin reclaiming an 8-month high. Moreover, the altcoin is on the verge of possibly breaching the resistance level of the channel pattern, highlighting increased bullish sentiment. MATIC Price Analysis 03rd Dec 2024 Moreover, with a surge of 143.36% during November, this altcoin has breached its resistance trendline of the descending channel pattern and has further formed an ascending channel pattern. Notably, this altcoin continues trading within it with a constant bullish price action. Polygon Technical Sentiments The EMA 50/200-day is on the path of experiencing a Golden Cross in the daily time frame, suggesting an increase in the buying-over-selling pressure for this Layer-2 token in the cryptocurrency space. The Moving Average Convergence Divergence (MACD) displays a constant green histogram in the 1D time frame. Moreover, with its averages recording a constant uptrend, the Polygon price may continue gaining momentum this week. Will POL (ex-MATIC) Price Hit $1 This Month? Maintaining the price above its support level of $0.690 could set the stage for this altcoin to prepare to retest its resistance level of $0.890. Furthermore, if the bullish momentum sustains at that point, this could result in it retesting its target price of $1. Conversely, if the crypto market experiences an increase in liquidations, the POL coin price could retest its support level. Furthermore, if the bears dominate the crypto space, the MATIC price could retest its low of $0.50. Wondering what’s next for POL crypto once it achieves the $1 mark? Read our Polygon Price Prediction to understand the potential long-term price targets. FAQs What is the price of Polygon today? With a 24-hour trading volume of $1.259 billion, this altcoin is presently changing hands at $0.7368. Can MATIC reach $3? It will require a surge of 307.66% for the Polygon crypto token to achieve the $3 mark. How high can Polygon’s price go? If the bullish sentiment sustains, this altcoin could reach a maximum trading price of $1.39.

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta