In this ongoing market, Polygon Ecosystem (POL) suggests that a large -scale price drop is in progress, as reported by a prominent password expert on X (previous Twitter).
Bold prediction in polygon (POL) in the market down
Currently, as of January 30, 2025, experts said that POL will reach a 44% drop in price and reach $ 0.23.
However, this post about X has attracted a wide range of attention from the encryption community due to the large -scale price drop. The potential for this prediction is because of the weak market sentiment and the formation of weak price behavior for daily time.
Polygon (POL) technology analysis and price behavior
According to EXPERT technology analysis, POL has violated the support of the down triangle price action pattern and successfully resumed the brake out area. Based on the historical price momentum, if the POL is maintained below $ 0.45, it is likely to decrease by 30%by $ 0.29.
Currently, POL is traded below 200 index moving average (EMA) over the daily period, indicating that it is in a decline. In terms of negative aspects, POL’s relative robbery index (RSI) suggests that there is plenty of spaces that can stand right above the overwhelming area, where assets can continue to fall in the future.
Investors found a dump pole token.
Looking at the weak price behavior and price forecast, investors and long -term holders have discarded the tokens, as the whole chain analysis company COINGLASS was revealed. According to the data of on -site inflow/leaks, the exchange has seen the inflow of $ 2.56 million in the last 24 hours.
In the Cryptocurrency environment, the inflow refers to the movement of the asset by exchanging in the holder wallet, which potentially marks dumps and sells by signal. However, there is a possibility of creating sales pressure and falling additional prices.
Current price momentum
POL is currently trading near $ 0.40, and more than 2.75% has surged over the last 24 hours. However, during the same period, the volume of transactions increased by 15%, indicating that the participation of the trader and investor was lower than the previous day.