Cryptoknowmics
2022-06-08 04:05:30

Polymath Technical Analysis: POLY Bulls Targeting $0.33

Polymath crypto is bullish, doubling from 2022 lows riding on decent trading volumes. As bulls press, POLY coin prices could retest Q1 2022 lows at $0.33. Past Performance of Polymath The Polymath crypto is one of the top-performing assets, considering their surge in the past 24 hours. The POLY coin is up roughly 10 percent against the USDT. Meanwhile, it is up a ballpark 13 percent against BTC and ETH during the same period. Technically, reading from the performance in the daily chart, POLY token buyers are in control in a bullish breakout formation. Polymath Technical Analysis POLY crypto prices are inching higher after cratering 74 percent from April peaks to register new 2022 lows. The coin is within a bullish breakout formation above the middle BB. Notable support is between $0.21 and $0.23 on the lower end and the middle BB. From this, every low above this flexible support level offers entries for buyers targeting June 7 highs of $0.33 and later $0.38. What to Expect from POLY? From the POLY technical analysis, buyers are in control. Price action is within a bullish breakout formation pattern. The coin is up 100 percent from 2022 lows, with prices likely to retest Q1 2022 lows of $0.33.The post Polymath Technical Analysis: POLY Bulls Targeting $0.33 appeared first on Cryptoknowmics-Crypto News and Media Platform.

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