Polygon (POL) is on a steady upward path, gaining attention in the crypto market. Over the past 24 hours, its price climbed 5.83%, and over the week, it jumped 25.32%. Traders are showing growing interest in POL as its momentum strengthens.
At the time of writing, POL is trading at $0.1594 with a 24-hour volume of $239.3 million, rising 28.47%. Its market capitalization reached $1.68 billion, up 5.84%. The combination of higher trading activity and market value highlights strong demand and renewed confidence in Polygon among investors and crypto enthusiasts.
Also Read: Polygon Labs Buys Coinme and Sequence in $250M Stablecoin Payments Deal
Technical Outlook Shows Recovery Signs
POL on the daily chart shows a completed capitulation near $0.087–$0.09, followed by a strong reversal. The downtrend from September is broken, shifting the price into a recovery phase. Structure now favors higher lows above $0.133–$0.142, signaling an early trend transition rather than a full bullish reversal.
Momentum is strong: ADX ~50 with DI+ dominance, MACD above zero, and Supertrend in Buy mode confirm trend strength. Ichimoku is bullish with Chikou above price and Senkou Span A above B. Price trading above SMA10, and SMA25 supports continuation after consolidation.
The zone of immediate resistance appears at $0.152-$0.165, then again at $0.180-$0.186. However, if the buyers manage to overcome it, new targets will be at $0.210-$0.241 (1.272 Fibonacci level). The strong support level remains at $0.142-$0.133, then at $0.117, while a significant violation below $0.098-$0.087 will be a strong
U.S. Expansion to Boost Polygon’s Role
Polygon is getting ready to become a fully regulated payment service within the United States. By acquiring the companies Coinme and Sequence, the company will ensure that all the money is on-chain. This will include 48 states with smooth on- and off-ramp fiat solutions to ensure a secure payment system.
The service will provide users with 50,000 locations for the conversion of fiat money to cryptocurrency. Additionally, the service will make it easy for users to join the platform using the wallet solution developed by Polygon. This service will also enable users to send cryptocurrency across various chains with just one click.
Also Read: Polymarket Shocks Crypto Market with Taker Fees on 15-Minute Trades
