April 16, 2025 14:26 //Price
Polygon’s Ecosystem Token (POL) has stopped falling above the $0.15 support.
Polygon Ecosystem Token Price Long-Term Prediction: Bearish
Altcoin was repeated on April 9th, halting $0.20 or 21 days of SMA on a daily chart, as reported by Coinidol.com. Over the past week, prices have steadily moved 21 days of SMA. Pol’s uptrend continues if it breaks beyond the 21-day SMA barrier. The opposite momentum approaches resistance at $0.24. After breaking through the $0.24 barrier, Altcoin begins to gain momentum. POL is expected to be higher at $0.30.
In contrast, POL trades beyond the $0.16 support, but if it collapses from the 21-day SMA barrier, it will fall below the 21-day SMA barrier. Pol is currently at $0.1841.
Pol Indicator Analysis
The 50- and 21-day SMA fell sharply to the bottom of the charts. Prices exceed the lowest point due to bears. The price bar is stagnant below the moving average line due to the presence of Doji Candlesticks.
Technical indicators
Resistance Level: $1.20, $1.30, $1.40
Support Levels: $0.60, $0.40, $0.30
What will be the next move for polygonal ecosystem tokens?
The polygons are at the bottom of the chart. The initial $0.20 obstacle is currently hampering the upward trend after cryptocurrency fell to new low prices. Since April 7th, Pol has fallen sideways with its initial obstacle of $0.20. Altcoin gets higher when the initial barrier breaks.
Disclaimer: Includes third-party opinions. No financial advice.
