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The Pol price surged 8% in the last 24 hours to trade at $0.2368 as of 5:20 a.m. EST on trading volume that surged 7% to $236.57 million.
The POL price rose over the last few days following the initial price drop at the start of the month.
Pol Price Prediction
The coin’s price dropped in early August, finding its bottom at $0.2 by late Aug. 2. Since then, it saw a slight recovery to $0.220, only to drop back to $0.208 on early Aug. 6. That’s when the coin’s price started surging, skyrocketing past the resistance at $0.22, and soaring up to $0.239 at its highest point.
Right now, the POL price is still growing, but while its Bollinger Bands have seen a slight widening, they remain relatively close to one another.
POL/USDT chart analysis (Source: TradingView)
The project’s Relative Strength Index (RSI) value is showing more promise, signaling that traders and investors remain optimistic for the time being. The RSI rose from the lower parts of the neutral area yesterday, hitting the overbought zone, and venturing to the value of around 74.
Since then, the metric has been seeing fluctuations between the overbought zone and the neutral value of 50, only to soar higher earlier today and reach 80.87 as traders doubled down on the token, pumping its metrics and value alike.
However, at one point in the early hours of the morning, traders decided to take profit, which caused the RSI to dip back down to around 55. At the time of writing, the RSI is once again going back up, suggesting that traders have moved in to buy the dip, which could allow its price to soar higher, beyond the resistance at $0.24.
Promising Alternative To Pol
While Pol is showing potential for growth, traders are turning to SUBBD Token (SUBBD).
The platform was created to become the new hub for content creators, combining emerging technologies to provide a better experience for both creators and their fans. It is built on blockchain technology, and it also uses artificial intelligence, which allows it to take over many of the daily management tasks that would otherwise consume too much of the creators’ time and energy.
With such tasks now handled by the AI; creators can spend more time building stronger ties with their communities while also thinking of new ways to monetize their content. So far, over 2,000 top-earning creators have joined the platform, with a combined following of over 250 million.
Experts estimate that the platform could disrupt the $85+ billion content subscription industry, suggesting that the SUBBD token’s value might skyrocket after it goes live.
Professional investors and traders behind the YouTube account 99Bitcoins, which has over 723k subscribers, predicted that SUBBD could be the next 10x crypto.
So far, the presale has raised over $964k. If you wish to join others who bought early, invest now, while the token’s price is still only $0.056125. Buy before the next presale price hike in less than 3 days.
Visit the SUBBD Token website.
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