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MarketAnalysisPrice PredictionPolygon
Aug 18, 2026
< 1min read
byMaxwell Mutuma
forCoinEdition
Crypto token Polygon’s POL reclaimed $0.07736 and trades near $0.078 after a roughly 6% 24‑hour rise and a 5.5% weekly gain, with trading volume up 222% and a rising CMF signaling a bullish breakout as $0.07869 resistance and a move toward $0.080 come into focus. However, sustained DeFi adoption and further upside hinge on stronger spot inflows and rising open interest to confirm demand, so risks remain despite the positive trading volume and on‑chain signals.
See what traders are focused on
- Polygon reclaims $0.07736 as volume surges, putting $0.07869 resistance in focus now.
- Rising CMF and 222% volume growth strengthen POL’s bullish breakout setup further.
- POL needs stronger spot inflows and open interest to confirm sustained demand ahead.
Polygon’s POL has gained momentum as rising trading volume pushes the token toward the $0.08 mark. POL now trades near $0.078, up about 6% over 24 hours. The token has also gained roughly 5.5% during the past week.
This recovery comes after a prolonged period of weaker price action and declining market participation. However, the latest move shows stronger buying interest than previous rebounds.
Trading activity has increased sharply, while POL has reclaimed an important Fibonacci level. Consequently, traders now face a crucial test near $0.07869. A successful breakout could open the path toward $0.080 and …
Source: cryptorank.io