Polygon’s native token POL is gaining bullish momentum, with analysts increasingly confident that a breakout could be near. After crossing the critical $0.20 threshold in early April, POL surged to $0.267 before pulling back to around $0.2407. Despite this correction, technical signals remain overwhelmingly positive.
Bullish Divergence Signals Fading Bearish Momentum
A clear bullish RSI divergence on the 3-day chart has caught the attention of analysts. While POL posted a new low on April 7, 2025, the Relative Strength Index (RSI) had already bottomed in July 2024 and has since been trending upward. This discrepancy indicates weakening selling pressure, often seen ahead of significant price reversals.
According to crypto analyst MasterAnanda, this setup is one of the strongest signs yet that the market is poised for a reversal. “The market is giving us one last chance to buy all we want before massive growth,” he stated, emphasizing the opportunity for accumulation.
Key Technical Levels Point Toward $1 and Beyond
Polygon’s short-term dip following its April 22 peak is seen by analysts as a bullish retest of its prior breakout zone. This type of consolidation often precedes major moves. The RSI, currently around 46, may climb above 70 if momentum accelerates, reflecting increasing buyer interest.
MasterAnanda has set targets at $0.461, $0.534, and ultimately $1.15, based on Fibonacci retracement zones. The path toward these levels may include brief pauses, but the overall trend appears upward.
Also Read: Polygon (POL) to Surge in 2025? AggLayer and Airdrops Signal Undervalued Potential
Bull Flag and Wedge Breakouts Add to Optimism
Other analysts are equally bullish. World of Charts has identified a Bull Flag pattern on the 3-hour chart, suggesting a short-term move toward $0.30 if a breakout occurs. Meanwhile, Whales_Crypto_Trading observed a breakout above the upper edge of a broadening wedge on the daily chart, projecting a potential 2x rally to $0.52 in the mid-term.
#pol/usdt
— Whales_Crypto_Trading 🐋 (@WHALES_CRYPTOzz) May 1, 2025
Polkadot is crossing the upper boundary of the broadening wedge formation on the daily chart
Target projection shows potential for 2x move toward $0.52 in the midterm🔥
👇Crypto Traders-join Telegram👇 https://t.co/4ApYM0WgpD
. pic.twitter.com/UKdSLOpyNv
With trading volume rising and sentiment across the crypto market improving, Polygon’s POL token is showing strong potential for a bullish continuation. If these patterns hold, the next leg up could see prices targeting the $1 to $1.15 range in the coming weeks.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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