$0.43: The Next Golden Price for POL Bulls?
POL hasn’t had a good time lately. Since the name change from MATIC, the price has been unstable. But did you know? Only 1% of investors made money in this turmoil! Yes, you heard it right, that few.
Now, some data tells us that more and more people are buying POL, and the buying pressure is increasing. Although the price of POL has fallen a bit recently, and it fell by more than 3% last week, don’t worry, good things may be coming.
You see, a good sign appeared on the POL chart - a bullish pattern! It’s like a signal light, telling us that POL may start to rise. This bullish pattern is called a "descending triangle" and it has been formed since September, and the price has been stable since then.
Now, POL is testing its support level. If the test is successful, the price may rise sharply in the next few days, all the way to the top of the triangle.
Let's look at other data and find that the amount of POL in the exchange has decreased, but the amount outside has increased, which means that many people are hoarding outside, waiting for the price to rise. These three data tell us that there is a lot of pressure to buy POL, and the price is likely to rise.
So, if you also bought POL, don't rush to sell it now, maybe you will make money in a few days. Want to know how much you can make? Go to the POL profit calculator to calculate it.
Of course, investment is risky. If the price continues to fall, Polygon may fall to $0.35. But we have to have confidence. After all, the bullish pattern has appeared, and the price increase is only a matter of time!
Again, if you don't know what to do in the bull market, click on my avatar and follow me. Bull market spot planning, contract password, free sharing. I need fans, you need reference. It's better to follow than to guess.
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