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Home»ALTCOIN NEWS»Will we soon fall to $ 0.23? What the data suggested
ALTCOIN NEWS

Will we soon fall to $ 0.23? What the data suggested

By Crypto FlexsJanuary 30, 20253 Mins Read
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Will we soon fall to $ 0.23? What the data suggested
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  • POL has made a basic recovery for the last 24 hours and has made a 1.22%high king.
  • The polygon whale has begun to accumulate dip with the inflow of a large holder, an increase of 3624.46%.

Since the $ 0.76 in December 2024, polygon (POL) has been traded on the down channel to create a highest and low lowest level.

During this period, the POL decreased to the lowest level of $ 0.38. This was shown to decrease by 10.42% last month.

This continuous decline is to talk with the analysts. ALI Martinez, a popular encryption analyst, has proposed potential correction.

Source: X

In his analysis, Martinez mentioned that POL could be at $ 0.23 just before 44%of modifications. This correction has a three -month minute.

According to him, the failure from the order of descendants will confirm the continuation of the weak structure.

What proposed by the POL chart

Although polygon is currently facing strong downward pressure, Altcoin signals short -term recovery.

In fact, at the time of this article, the polygon was traded at $ 0.4053. This recorded 1.22%recovery on the daily chart.

Source: TradingView

We can see this short -term recovery at the recent intersection of POL, which has shown strengthening upward momentum. This crossover means that the seller is exhausted and the buyer is entering the market.

This scenario is further verified by the upward RSI, which is reversed from 33 to 38, increasing the purchase pressure.

Source: INTOTHEBLOCK

This purchase pressure is led by polygon whales proved by Netflow of large holders, and increased by 1,84 million to 65.3 million to 3624.46% in prestation time.

This huge rise means that more whale capital is flowing into assets. When the inflow of whales is dominant, it reflects the feelings of strength when expected to recover price.

Source: Santiment

In addition, the polygon continued to be short, and the inventory flow rate increased to 143 million. This suggests that most investors who take over their assets are accumulating by storing Pol tokens in the call storage.

Therefore, you can see that whales are actively accumulating assets.

Source: Santiment


Read 2025–2026


Lastly, the MVRV ratio of the polygon is still in a negative area, so it provides a purchase opportunity as it recognizes that Whale Guy Diphrot Coin is evaluated.

In short, the polygon has experienced a strong downward pressure, but Altcoin has a potential short -term recovery. If so, the POL can be obtained for $ 0.44, and if you have this level, you can move to $ 0.47.

Next: Maintain interest rates by evaluating the short -term prospects of Bitcoin with the Fed.

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