Spike

Polygon

<p>Crypto analyst Master Kenobi has shared insights regarding Polygon’s potential trajectory in the current market cycle. The analyst points out a pattern: <a href="https://coinmarketcap.com/currencies/polygon-ecosystem-token/" target="_blank">MATIC’s (now POL)</a> breakout occurred 200 days after the Bitcoin halving in the current cycle, compared to 220 days in the previous cycle. </p> 
<p>This 20-day acceleration aligns with broader market trends observed in total cryptocurrency market capitalization and Bitcoin dominance patterns.</p> 
<h2 class="wp-block-heading" id="historical-performance-and-future-projections">Historical Performance and Future Projections</h2> 
<p>The crypto analyst notes POL’s remarkable performance in the previous cycle, where it achieved a 23,700% (240X) growth in just 145 days. Drawing parallels to the current cycle, Master Kenobi notes that if a similar growth period were to unfold, it would theoretically conclude around March 31, 2025.</p> 
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 <img loading="lazy" decoding="async" width="1024" height="546" src="https://captainaltcoin.com/wp-content/uploads/2024/12/image-186-1024x546.png" alt="" class="wp-image-592933" srcset="https://captainaltcoin.com/wp-content/uploads/2024/12/image-186-1024x546.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-186-300x160.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-186-767x409.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-186-1536x819.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-186-2048x1092.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-186-281x150.png 281w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-186-100x53.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-186-656x350.png 656w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-186-788x420.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-186.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Currently sitting at a $1.43B market capitalization, the analyst suggests that a 10X increase for POL could be within reasonable reach without requiring excessive market valuation. Master Kenobi emphasizes that the asset appears to be positioned similarly to where it was during the equivalent phase of the previous cycle.</p> 
<p><em><strong>Read Also: <a href="https://captainaltcoin.com/expert-analyst-predicts-jupiter-jup-will-outperform-bitcoin-soon-heres-why/" target="_blank">Expert Analyst Predicts Jupiter (JUP) Will Outperform Bitcoin Soon – Here’s Why!</a></strong></em></p> 
<p><a href="https://x.com/btc_masterplan/status/1864282426890977398?s=46" target="_blank" rel="nofollow">The analyst maintains</a> a balanced view, emphasizing that these observations are for educational purposes and community discussion rather than financial advice. Master Kenobi stresses the importance of considering macroeconomic trends and remaining cautious, acknowledging that unexpected events could significantly impact market dynamics.</p> 
<h2 class="wp-block-heading" id="pol-must-break-above-0-768-to-continue-rally-short-term">POL Must Break Above $0.768 to Continue Rally Short-Term </h2> 
<p>POL has also been bullish since Trump’s win, following the trajectory of many other popular cryptos. It is currently not seeing the retracement that some of these coins are experiencing. </p> 
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 <img loading="lazy" decoding="async" width="1024" height="483" src="https://captainaltcoin.com/wp-content/uploads/2024/12/image-203-1024x483.png" alt="" class="wp-image-593115" srcset="https://captainaltcoin.com/wp-content/uploads/2024/12/image-203-1024x483.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-203-300x142.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-203-767x362.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-203-1536x725.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-203-2048x967.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-203-318x150.png 318w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-203-100x47.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-203-742x350.png 742w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-203-788x371.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-203.png 1835w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>The price is currently up by around 5% today, struggling to break a resistance at $0.768. Breaking above this level will be important for its short-term price trajectory. </p> 
<p>The $0.768 level could be the point that signals retracement or acts as a catalyst for stronger gains.</p> 
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<p>The post <a href="https://captainaltcoin.com/a10x-spike-could-be-achievable-for-polygon-pol-this-bull-run-heres-why/">A 10x Spike Could Be Achievable for Polygon (POL) This Bull Run: Here’s Why&nbsp;</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

A 10x Spike Could Be Achievable for Polygon (POL) This Bull Run: Here’s Why

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