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POL Rally Gains Strength After Breakout, Traders Eye $0.24 and Beyond


by Lisa walter
for CoinEdition
POL’s Bullish Breakout: Is This the Start of a Major Rally?
  • POL shows unexpected bullish signals, with analysts noting a potential market shift.
  • Increased demand and volume suggest a growing positive sentiment towards the POL token.
  • POL’s price surge above key resistance points points to further potential gains.

POL (ex-MATIC) has received a lot of attention recently as its price exhibits a bullish trend. In a post on X on Tuesday, The Wolf of All Streets, indicated that he was amazed by the POL rally. He stated that it is capturing a bid and giving buy signals, which suggests that the market is changing its sentiment towards the token. 

The data show that POL has been declining for the past few months. Prices were kept suppressed by a key resistance line, and the token suffered its biggest falls. However, the price recently clipped above it and has been rising steadily; this can be taken as a signal of a bullish turnaround.

Related: XRP Network Activi…

The post POL Rally Gains Strength After Breakout, Traders Eye $0.24 and Beyond appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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POL Rally Gains Strength After Breakout, Traders Eye $0.24 and Beyond


by Lisa walter
for CoinEdition
POL’s Bullish Breakout: Is This the Start of a Major Rally?
  • POL shows unexpected bullish signals, with analysts noting a potential market shift.
  • Increased demand and volume suggest a growing positive sentiment towards the POL token.
  • POL’s price surge above key resistance points points to further potential gains.

POL (ex-MATIC) has received a lot of attention recently as its price exhibits a bullish trend. In a post on X on Tuesday, The Wolf of All Streets, indicated that he was amazed by the POL rally. He stated that it is capturing a bid and giving buy signals, which suggests that the market is changing its sentiment towards the token. 

The data show that POL has been declining for the past few months. Prices were kept suppressed by a key resistance line, and the token suffered its biggest falls. However, the price recently clipped above it and has been rising steadily; this can be taken as a signal of a bullish turnaround.

Related: XRP Network Activi…

The post POL Rally Gains Strength After Breakout, Traders Eye $0.24 and Beyond appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Altcoin Bull Market Incoming: Ethereum and DeFi Severely Undervalued, Says Top Analyst

Altcoin Bull Market Incoming: Ethereum and DeFi Severely Undervalued, Says Top Analyst

Top analyst Michaël van de Poppe says altcoins are severely mispriced, setting the st...
Chart of the Week: Wall Street Has Claimed Bitcoin—Now What?

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Bitcoin's correlation with U.S. equities is still very high, while it has almost zero...