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POL (ex-MATIC) Shows Short-Term Recovery Amid Long-Term Downtrend
POL (ex-MATIC) is currently priced at $0.238, experiencing minor fluctuations with a 1-hour decrease of 0.19%, but showing a 3.26% increase over 24 hours and a 2.88% rise over a week. Its price is significantly below its all-time high of $1.29, which it reached before dropping approximately 81.54%. The daily trading volume stands at approximately $61.93 million, and the market capitalization is around $2.11 billion. After a recent small decline over the past month, the token has demonstrated some short-term recovery, but its long-term resistance remains substantial.
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AI Analysis
POL (ex-MATIC) exhibits a pattern typical of tokens that have experienced a sharp decline from their ATH, in this case down -81.54%. The recent short-term gains (3.26% over 24h and 2.88% over a week) ...
AI Recommendation
Given the recent short-term recovery despite the long-term downtrend, a cautious approach is advisable. Investors should monitor key resistance levels around $0.238 and watch for signals of sustained ...
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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