CandleFocus Polygon To Continue Its Bullish Rise Above $0.40
2025-02-13
Author: Content Editor
The article discusses the current price trend of Polygon's Ecosystem Token (POL), noting that the cryptocurrency has been trending sideways after hitting a low of $0.244. The selling pressure has eased, and POL is trading below the moving average lines but above the $0.29 support. The presence of doji candlesticks suggests uncertainty in the market, but if the current support holds, the value of POL is expected to rise to its previous high of $0.50. The technical indicators provide resistance levels at $1.20, $1.30, and $1.40, and support levels at $0.60, $0.40, and $0.30. The article concludes that POL will continue its uptrend if buyers keep the price above the moving average lines or the resistance at $0.45. However, readers are reminded to do their own research before investing.
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