polygon

#Polygon #POL #POLUSDT

Polygon managed to break above EMA55 daily without producing a retrace, now trading 9 consecutive days green. Amazing. It is the first time this happens for this trading pair. Coincidentally (?) after a new all-time low. Just this little bit reveals so much.

The session that secured EMA55 was a full green candle. Above EMA55 mid-term growth becomes possible, but confirmation comes only when POLUSDT manages to stay above EMA89 which now has a reading of 0.1453. Once above this level, the bullish wave we are seeing based on early signals—the bottom reversal—gets a technical confirmation. So all is good and things are getting better.

The main low happened 18-Dec. The lower low 1-January is a technical double-bottom. Here we can see POL's relation to the rest of the market, to so many other projects but not all of them. They move in groups. One big group ended their retrace 18-December and this shows how we are all set to experience additional growth. They go down together, they grow together. Polygon is super bullish, supporting a broader bullish bias for the rest of the altcoins.

Namaste.

✅ Trade here on $POL

While much of the crypto market has been cooling off, $POL Polygon’s native token (POL) is on a hot streak. It just hit its highest price since December, marking eight straight days of gains.
But this isn't just a random price spike—Polygon is undergoing a massive transformation. Here is the breakdown of why investors are watching closely.
 From "Blockchain" to "Payments Giant"
$POL is no longer just a "Layer-2" network; it’s rebranding as a global payments company.
The Big Reveal: They recently unveiled the Open Money Stack. Think of this as a high-tech toolkit that helps traditional banks and fintech companies move money using stablecoins.The Rebrand: In the coming weeks, expect a fresh look for Polygon that focuses on big institutions and regulated finance.
 Network Activity is Exploding
The numbers behind the scenes show that people are actually using the network more than ever. According to Nansen data from the last 30 days:
Transactions: Up 20% (over 178 million total).Active Users: Up 28% (over 16 million addresses).Network Fees: Up 100%.
The "Burn" Factor: Because more people are paying fees, Polygon "burned" over 5 million tokens this week. By removing these tokens from circulation, the asset becomes more scarce, which can help drive the price up.
 Powerful Partnerships
Polygon has become the "go-to" choice for massive companies because of its speed and scale:
Polymarket: The world’s leading prediction market (valued at $11 billion) runs on Polygon.Fintech Leaders: Giants like Stripe, Revolut, and Shift4 Payments have all partnered with Polygon to modernize how they handle digital money.
The Technical View: Can it hit $0.20?
Traders are getting excited because the charts are flashing "buy" signals for the first time in months:
The Supertrend: This popular indicator just turned green for the first time since August 2023—a classic sign of a new bull market.The Target: Analysts believe if the momentum continues, POL could climb another 52% to reach the $0.20 mark.The Safety Net: As long as the price stays above $0.1020, the upward trend looks healthy.
#Polygon #TrendingTopic