Polygon (POL), the Ethereum scaling solution, is showing signs of a potential price breakout according to technical indicators. Analysts believe that Polygon has broken out of a descending triangle pattern and is targeting a price of $0.69. This breakout suggests that the price has moved above critical resistance levels and could shift upward in a bullish pattern. However, despite hitting a market high of $0.4921, POL has seen a decline in the last 24 hours and currently trades at $0.4607. Trading volume has increased significantly, indicating renewed interest from investors. Market analysts predict that Polygon could reach $0.69 or even test the $1 level in the near future. Additionally, the upcoming launch of the AggLayer connectivity protocol could support a positive price surge for Polygon.



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