Polygon: Can network growth help POL overcome selling pressure?

Quick Summary:

POL will complete the rounding top pattern if it drops to test support at $0.31.

Data from CoinMarketCap shows trading volumes had dropped by 5% suggesting waning interest in traders in the altcoin.

At the same time, DeFi volumes have recorded a gradual growth to $267M at press time.

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Article Details

Author / Journalist: Muthoni Mary

Category: Crypto

Markets: United States

Topics: News Trading View Social Polygon News 1 Altcoin Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 21:30:28 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 621 words

Reading Time: 4 minutes read

Sentences: 40 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23355132

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 24 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #103

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