CandleFocus POL (Ex-MATIC) Displays Bullish Trends After Binance Listing
2024-09-14
Author: Content Editor
The rebranded Polygon token, POL, has experienced a positive trend with a 10% increase in price over the past week. It is currently trading at $0.4131 with a market cap of $2.93 billion, making it the 28th largest cryptocurrency. Binance's announcement of incorporating POL into various products led to a 15% price increase. POL had struggled to break the $0.39 resistance level before the announcement. The token is showing signs of bullish momentum, with the 9-day moving average crossing above the 21-day moving average. If it can break through the $0.45 resistance level, a potential price target of $0.53 is predicted. However, if it fails to maintain its position above $0.45, a key support is seen at $0.33.
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