Polygon Ecosystem Token is Trading -25.96% Below Our Price Prediction for Nov 30, 2024

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• Polygon Ecosystem Token is up 4.41% at this time in opposition to the US Greenback
• POL/BTC elevated by 6.38% at this time
• Polygon Ecosystem Token is at present buying and selling 25.96% beneath our prediction on Nov 30, 2024
• Polygon Ecosystem Token gained 73.41% within the final month and is down -24.86% since 1 12 months in the past

POL value is anticipated to rise by 30.79% within the subsequent 5 days in line with our Polygon Ecosystem Token value prediction

is buying and selling at $ 0.565884 after gaining 4.41% within the final 24 hours. The coin outperformed the cryptocurrency market, because the total crypto market cap elevated by 0.69% in the identical time interval. POL carried out nicely against BTC today and recorded a 6.38% achieve in opposition to the world’s largest cryptocurrency.

In keeping with our Polygon Ecosystem Token price prediction, POL is anticipated to achieve a value of $ 0.764344 by Nov 30, 2024. This could characterize a 30.79% value improve for POL within the subsequent 5 days.

POL Price Prediction Chart

Buy/Sell Polygon Ecosystem Token

What has been occurring with Polygon Ecosystem Token within the final 30 days

Polygon Ecosystem Token has been displaying a optimistic development lately, because the coin gained 73.41% within the final 30-days. The medium-term development for Polygon Ecosystem Token has been bullish, with POL growing by 14.63% within the final 3 months. The long-term image for Polygon Ecosystem Token has been adverse, as POL is at present displaying a -24.86% 1-year value change. On today final 12 months, POL was buying and selling at $ 0.753076.

Polygon Ecosystem Token reached its all-time excessive value on Mar 13, 2024, when the worth of POL peaked at $ 1.28. The present POL cycle excessive is $ 0.616213, whereas the cycle low is at $ 0.286573. POL has been displaying excessive volatility lately – the 1-month volatility of the coin is at 17.49. Polygon Ecosystem Token recorded 15 inexperienced days within the final 30 days.

Polygon Ecosystem Token technical evaluation for at this time – Nov 25, 2024

The sentiment within the Polygon Ecosystem Token markets is at present Bullish, and the Concern & Greed index is studying Excessive Greed. An important assist ranges to look at are $ 0.531643, $ 0.491940 and $ 0.459653, whereas $ 0.603632, $ 0.635919 and $ 0.675622 are the important thing resistance ranges.

Bullish sentiment for Polygon Ecosystem Token

25 indicators are at present signaling a bullish prediction for Polygon Ecosystem Token, whereas 3 indicators are displaying a bearish forecast. With 89% of indicators favoring a optimistic prediction. This leads to an total Bullish sentiment for Polygon Ecosystem Token.

Crypto market is at present experiencing Excessive Greed

Presently, the Concern & Greed index is at 82 (Excessive Greed), which alerts that traders have a optimistic outlook available on the market. The Concern & Greed index is a measure of sentiment amongst cryptocurrency traders. A “Greed” studying means that traders are at present optimistic in regards to the cryptocurrency market, however can be a sign that the market is overvalued. A “Concern” studying, however, alerts that traders are at present hesitant in regards to the cryptocurrency market, which doubtlessly represents a shopping for alternative.

Polygon Ecosystem Token shifting averages & oscillators

Let’s check out what among the most necessary technical indicators are signaling. We’ll be going by way of key shifting averages and oscillators that can enable us to get a greater concept of how Polygon Ecosystem Token is positioned out there proper now.

The Relative Power Index (RSI 14) is a broadly used indicator that helps inform traders whether or not an asset is at present overbought or oversold. The RSI 14 for Polygon Ecosystem Token is at 74.16, suggesting that POL is at present overbought.

The 50-day Easy Transferring Common (SMA 50) takes under consideration the closing value of Polygon Ecosystem Token during the last 50 days. Presently, Polygon Ecosystem Token is buying and selling beneath the SMA 50 trendline, which is a bearish sign.

In the meantime, the 200-day Easy Transferring Common (SMA 200) is a long-term trendline that’s calculated by taking a mean of the POL closing value for the final 200 days. POL is now buying and selling beneath the SMA 200, signaling that the market is at present bearish.

The underside line about this Polygon Ecosystem Token prediction

After contemplating the above elements, we will conclude that the present forecast for Polygon Ecosystem Token value prediction is Bullish. POL must improve by 30.79% to hit our $ 0.764344 goal inside the subsequent 5 days. Transferring ahead, will probably be necessary to watch the POL market sentiment, the important thing assist and resistance ranges, and different metrics. Nevertheless, we’ve got to understand that the cryptocurrency markets are unpredictable, and even the most important crypto property show plenty of value volatility. For long-term Polygon Ecosystem Token value predictions click on here.

Disclaimer: This is not funding recommendation. The data offered is for basic functions solely. No info, supplies, providers and different content material offered on this web page represent a solicitation, advice, endorsement, or any monetary, funding, or different recommendation. Search impartial skilled session within the type of authorized, monetary, and monetary recommendation earlier than making any funding choice.