Will Tesla and Nvidia Rise or Fall on Thursday? While the Outcome is Uncertain, You Can Wager on It at Polymarket.
New Feature Introduction: Polymarket has launched an "up/down" equity market feature, allowing users to bet on whether specific stock prices or benchmarks will rise or fall at a designated time, similar to existing features for cryptocurrencies.
Market Activity and Investment: Active markets include high-profile stocks like Tesla, Nvidia, and Microsoft, with Polymarket recently securing a $2 billion investment from Intercontinental Exchange, raising its valuation to $9 billion.
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Technical Analysis for POL
Technical Sentiment Analysis for POL (ex-MATIC) (POL). As of , POL (ex-MATIC) (POL) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for POL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, POL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
POL (ex-MATIC) (POL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0585 | 0.0732 | 0.0885 | 0.103 | 0.118 | 0.133 | 0.148 |
| Fibonacci | 0.0732 | 0.0847 | 0.0917 | 0.103 | 0.115 | 0.122 | 0.133 |
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