The encryption market is witnessing some cautious declines today, as the total market value decreased to less than 2.9 trillion dollars. The main symbols such as Bitcoin and Ethereum have declined, driven by profit and market unification. Meanwhile, POLV (PREV) showed a strong bullish momentum and impressive performance today. This proves its increasing importance within the market, which may help the Matic price to maintain the upward trend.
Pol price increased by more than 14 % to $ 0.2529, breaking the main resistance on a strong size amid the upward feeling. This upscale momentum follows a volatile month for POL, which decreased to its lowest level in 30 days at $ 0.1533 in the first week of April before its recovery. Not only is the current procedure for the amazing gain in the short term, but also indicates a possible end of the massive long effects that have identified POL since December 2024.
Why does Paul Price rise? Will you reach $ 1 in 2025?
This gathering was stimulated by announcing the AgGlayer Breakout program, which aims to stimulate the Pol Staking through Project Airdrops. This has increased activity within the ecosystem and also that the demand for the symbol has increased significantly. Technically, Paul broke out over a critical resistance area near $ 0.22, which crowned prices within weeks of accumulation. Therefore, this decisive step, with the support of height in size and open attention, indicates a real transformation in the market morale, which can start 30 % to 40 %.
As shown in the graph above, the price of the policy line has been broken, but it failed to secure levels of more than $ 0.257, which is an important level of resistance. Crypto tried to bypass the upper range of the Jose canal that could have achieved the validity of the upper trend. However, the bears restricted the step, but the MACD formation indicates that the height may continue as levels return to the positive scope for the first time in 2025.
Therefore, it is expected that the price of PREV (MATIC) is closed today’s trade above 0.257 dollars, which may verify the upscale difference. Some excessive signals that are purchased may lead to short -term volatility, but the reflection of the distinctive symbol is one of its lowest levels and the height of the trader’s attention indicates that POL PRICE can enter a new upward stage soon.
