The cryptography market is attending cautious decreases today, total market capitalization lowering below 2.9 billions of dollars. Major tokens like Bitcoin and Ethereum have slipped, pulled by taking advantage and consolidation of the market. Meanwhile, the Pol price (planned MATIC) has shown a strong bullish momentum and has delivered an impressive performance today. This validates its growing relevance on the market, which can help the price of Matic to maintain the upward trend.
The POL price jumped more than 14% to $ 0.2529, breaking the key resistance on a strong volume in the middle of the bullish feeling. This momentum follows a volatile month for Pol, which plunged to a 30 -day $ 0.1533 during the first week of April before staging a dramatic rebound. The current price action marks not only a hit in the short -term gain, but also indicates a potential end to the prolonged downward trend that has defined the PO since December 2024.
Why does Pol Price increase? Did they reach $ 1 in 2025?
The rally was catalyzed by the announcement of the agglayer exhaustion program, which aims to encourage the extension of Pol via the Airdrops project. This has increased activity within the ecosystem and the request for a token has also increased considerably. Technically, POL broke out above a critical resistance area nearly $ 0.22, which had capped prices for weeks of accumulation. Consequently, this decisive decision, supported by an increase in volume and an open interest, suggests a real change in the feeling of the market, which could trigger an increase of 30% to 40%.
As the graphic above shows, the POL price has exceeded the descending trend line but has failed to secure the levels above $ 0.257, which is an important level of resistance. The crypto tried to go beyond the upper gang of the Gaussian canal which could have validated the beginning of an upward trend. However, the Bears have limited the movement, but the MacD training suggests that the recovery can continue because the levels date back to the positive beach for the first time in 2025.
Consequently, the Pol price (planned) should close the day above $ 0.257, which could validate the upward divergence. Certain exaggerated signals can cause short -term volatility, but the reversal of the recent stockings token and an increase in the merchant’s attention suggest that the POL price could soon enter a new bullish phase.
