Polygon Ecosystem Token Dropped -25.86% in Last Month and is Predicted to Reach $0.391676 By Feb 13, 2025

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• Polygon Ecosystem Token is up 4.00% as we speak in opposition to the US Greenback
• POL/BTC elevated by 2.79% as we speak
• Polygon Ecosystem Token is at present buying and selling 17.67% under our prediction on Feb 13, 2025
• Polygon Ecosystem Token dropped -25.86% in the final month and is down -62.48% since 1 12 months in the past

POL worth is anticipated to rise by 30.27% in the subsequent 5 days in accordance to our Polygon Ecosystem Token worth prediction

is buying and selling at $ 0.322453 after gaining 4.00% in the final 24 hours. The coin outperformed the cryptocurrency market, because the total crypto market cap elevated by 1.94% in the identical time interval. POL carried out properly against BTC today and recorded a 2.79% acquire in opposition to the world’s largest cryptocurrency.

In accordance to our Polygon Ecosystem Token price prediction, POL is anticipated to attain a worth of $ 0.391676 by Feb 13, 2025. This might symbolize a 30.27% worth improve for POL in the subsequent 5 days.

POL Worth Prediction Chart

Buy/Sell Polygon Ecosystem Token

What has been happening with Polygon Ecosystem Token in the final 30 days

Polygon Ecosystem Token has been displaying a damaging development not too long ago, because the coin misplaced -25.86% in the final 30-days. The medium-term development for Polygon Ecosystem Token has been bearish, with POL dropping by -11.47% in the final 3 months. The long-term image for Polygon Ecosystem Token has been damaging, as POL is at present displaying a -62.48% 1-year worth change. On this present day final 12 months, POL was buying and selling at $ 0.859408.

Polygon Ecosystem Token reached its all-time excessive worth on Mar 13, 2024, when the worth of POL peaked at $ 1.28. The present POL cycle excessive is $ 0.345220, whereas the cycle low is at $ 0.264264. POL has been displaying excessive volatility not too long ago – the 1-month volatility of the coin is at 15.88. Polygon Ecosystem Token recorded 14 inexperienced days in the final 30 days.

Polygon Ecosystem Token technical evaluation for as we speak – Feb 12, 2025

The sentiment in the Polygon Ecosystem Token markets is at present Bearish, and the Worry & Greed index is studying Worry. A very powerful assist ranges to watch are $ 0.287090, $ 0.275241 and $ 0.259098, whereas $ 0.315082, $ 0.331226 and $ 0.343074 are the important thing resistance ranges.

Bearish sentiment for Polygon Ecosystem Token

7 indicators are at present signaling a bullish prediction for Polygon Ecosystem Token, whereas 22 indicators are displaying a bearish forecast. With 76% of indicators favoring a damaging prediction. This outcomes in an total Bearish sentiment for Polygon Ecosystem Token.

Crypto market is at present experiencing Worry

Presently, the Worry & Greed index is at 44 (Worry), which indicators that buyers have a damaging outlook available on the market. The Worry & Greed index is a measure of sentiment amongst cryptocurrency buyers. A “Greed” studying means that buyers are at present optimistic concerning the cryptocurrency market, however may also be a sign that the market is overvalued. A “Worry” studying, alternatively, indicators that buyers are at present hesitant concerning the cryptocurrency market, which doubtlessly represents a shopping for alternative.

Polygon Ecosystem Token shifting averages & oscillators

Let’s check out what a few of the most vital technical indicators are signaling. We’ll be going by means of key shifting averages and oscillators that can permit us to get a greater thought of how Polygon Ecosystem Token is positioned in the market proper now.

The Relative Energy Index (RSI 14) is a broadly used indicator that helps inform buyers whether or not an asset is at present overbought or oversold. The RSI 14 for Polygon Ecosystem Token is at 25.39, suggesting that POL is at present oversold.

The 50-day Easy Shifting Common (SMA 50) takes into consideration the closing worth of Polygon Ecosystem Token during the last 50 days. Presently, Polygon Ecosystem Token is buying and selling above the SMA 50 trendline, which is a bullish sign.

In the meantime, the 200-day Easy Shifting Common (SMA 200) is a long-term trendline that’s calculated by taking a median of the POL closing worth for the final 200 days. POL is now buying and selling above the SMA 200, signaling that the market is at present bullish.

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 worth prediction is Bearish. POL would have to improve by 30.27% to hit our $ 0.391676 goal throughout the subsequent 5 days. Shifting ahead, will probably be vital to monitor the POL market sentiment, the important thing assist and resistance ranges, and different metrics. Nonetheless, now we have to preserve in thoughts that the cryptocurrency markets are unpredictable, and even the biggest crypto property show a whole lot of worth volatility. For long-term Polygon Ecosystem Token worth predictions click on here.

Disclaimer: This is not funding recommendation. The data offered is for normal functions solely. No data, 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 in the type of authorized, monetary, and fiscal recommendation earlier than making any funding determination.