POL Price Rebound Targets $0.50: Breakout on the Horizon?

CoinMarketCap11-07

With the altcoins rising, the Polygon (POL) price is below $0.30. As the buying pressure surges, the altcoin teases a trend reversal with a breakout rally. Will the uptrend in Polygon cross the $0.50...

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As the buying pressure surges, the altcoin teases a trend reversal with a breakout rally. \nWill the uptrend in Polygon cross the $0.50...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/672c97cd9b2e3332f7f4f8c0/\">Source Link</a>\n\n</div>\n","source":"coinmarketcap_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>POL Price Rebound Targets $0.50: Breakout on the Horizon?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPOL Price Rebound Targets $0.50: Breakout on the Horizon?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-07 18:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/672c97cd9b2e3332f7f4f8c0/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With the altcoins rising, the Polygon (POL) price is below $0.30. As the buying pressure surges, the altcoin teases a trend reversal with a breakout rally. \nWill the uptrend in Polygon cross the $0.50...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/672c97cd9b2e3332f7f4f8c0/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4122","symbol_name":"互联网与直销零售","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/672c97cd9b2e3332f7f4f8c0/","article_id":"2481979949","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/cbb14d28fd464aeebba9e8e52075ff20.webp"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481979949","pubTimestamp":1730975692,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"With the altcoins rising, the Polygon  price is below $0.30. As the buying pressure surges, the altcoin teases a trend reversal with a breakout rally.Will the uptrend in Polygon cross the $0.50 psychological mark as the broader market recovers?Let’s find out more in Coinpedia’s Polygon price analysis.Maintaining a falling channel pattern in the daily chart, the overall price trend in POL remains bearish. Under the influence of a strong resistance trendline and the declining 50-day EMA, the downfall in the POL price continues.However, the recent bullish comeback from the falling channel support trendline and the broader market recovery ignites a new positive trend. Over the past three days, the POL market price has increased by 16%, leading to three consecutive bullish candles.The uptrend is aiming higher to challenge the 50-day EMA. Beyond the dynamic resistance, the altcoin must surpass the declining resistance trendline for a breakout run. However, the breakout rally is likely to fac","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4122":"互联网与直销零售","POL":"Polished.com Inc.","BK4083":"家庭装潢零售"},"translate_title":"POL价格反弹目标为0.50美元：即将突破？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"POL":1},"content_text":"With the altcoins rising, the Polygon (POL) price is below $0.30. As the buying pressure surges, the altcoin teases a trend reversal with a breakout rally. \nWill the uptrend in Polygon cross the $0.50 psychological mark as the broader market recovers? Let’s find out more in Coinpedia’s Polygon price analysis.\nWill Polygon Give A Channel Breakout?\nMaintaining a falling channel pattern in the daily chart, the overall price trend in POL remains bearish. Under the influence of a strong resistance trendline and the declining 50-day EMA, the downfall in the POL price continues. \n\n\nTradingview\nHowever, the recent bullish comeback from the falling channel support trendline and the broader market recovery ignites a new positive trend. Over the past three days, the POL market price has increased by 16%, leading to three consecutive bullish candles. \nThe uptrend is aiming higher to challenge the 50-day EMA. Beyond the dynamic resistance, the altcoin must surpass the declining resistance trendline for a breakout run. However, the breakout rally is likely to face another resistance at the $0.50 psychological mark and the 200-day EMA. \nWith the increased buying pressure, the MACD and signal line give a trend reversal and a positive crossover. The surge of positive histograms signals a buying opportunity. \nWill POL Price Cross $0.50?\nThe short-term change of character in POL comes with a breakout of $0.335. Thus, the price action highlights an increased possibility of a breakout run in POL prices. \nBased on the Fibonacci levels, the breakout run could reach the 50% Fibonacci level at $0.6089. On the flip side, the crucial support for the POL token remains at the $0.30 psychological mark and the $0.2918 bottom formation.\nAlso, read our Polygon Price Prediction 2024-2030, for insights about the long-term prospects of this cryptocurrency.\nFAQs\n\nWhat is the current trend in POL's price action?\nPOL is in a falling channel pattern with a recent 16% bullish rebound. It aims to challenge key resistances.\n\nWhat are the key resistance levels for POL's breakout?\nThe main resistances are the 50-day EMA, the declining resistance trendline, the $0.50 psychological mark, and the 200-day EMA.\n\nWhat are the potential price targets for POL after a breakout?\nBased on Fibonacci levels, the breakout rally could target the 50% Fibonacci level at $0.6089, with further upside possible.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481979949"}