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POL (ex-MATIC) Faces Short-Term Downtrend, But Long-Term Potential Remains

The current price of POL, formerly known as MATIC, is $0.205. Over the last hour, it has increased by 0.29%, but over the past 24 hours, it has decreased by 6.88%. In the past week, the decline is 13.69%, and in the last month, it has fallen by 14.09%. Its all-time high was $1.29, which is 84.07% above the current price. The 24-hour trading volume stands at $93.53 million, and its market capitalization is $1.83 billion.
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AI Analysis

POL has experienced significant volatility recently, with notable declines over the past month and week. The retracement from its all-time high of $1.29 reflects a typical correction phase in a crypto...

AI Recommendation

Considering the significant recent downtrend, it’s advisable to approach POL with caution in the short term. Monitoring for support levels and volume increases will be key in determining future moveme...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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