POL shows unexpected bullish signals, with analysts noting a potential market shift.
Increased demand and volume suggest a growing positive sentiment towards the POL token.
POL’s price surge above key resistance points points to further potential gains.
POL (ex-MATIC) has received a lot of attention recently as its price exhibits a bullish trend. In a post on X on Tuesday, The Wolf of All Streets, indicated that he was amazed by the POL rally. He stated that it is capturing a bid and giving buy signals, which suggests that the market is changing its sentiment towards the token.
$MATIC AKA $POL
I'm not sure if hell has frozen over or if the four horsemen are mounting up as a sign of the coming apocalypse, but $POL is catching a bid and flashing buy signals. pic.twitter.com/b7tcABzFBU
— The Wolf Of All Streets (@scottmelker) April 22, 2025
The data show that POL has been declining for the past few months. Prices were kept suppressed by a key resistance line, and the token suffered its biggest falls. However, the price recently clipped above it and has been rising steadily; this can be taken as a signal of a bullish turnaround.
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