Polymath Price Prediction – POLY Price Estimated to Reach $0.416531 By Nov 08, 2023

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

• Polymath is up 18.95% today against the US Dollar
• POLY/BTC increased by 20.31% today
• POLY/ETH increased by 18.03% today
• Polymath is currently trading 15.91% below our prediction on Nov 08, 2023
• Polymath gained 196.00% in the last month and is up 32.60% since 1 year ago

POLY price is expected to rise by 10.11% in the next 5 days according to our Polymath price prediction

Polymath price today is trading at $ 0.350266 after gaining 18.95% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 13.83% in the same time period. POLY performed well against BTC today and recorded a 20.31% gain against the world’s largest cryptocurrency.

According to our Polymath price prediction, POLY is expected to reach a price of $ 0.416531 by Nov 08, 2023. This would represent a 10.11% price increase for POLY in the next 5 days.

POLY Price Prediction Chart

Buy/Sell Polymath

What has been going on with Polymath in the last 30 days

Polymath has been displaying a positive trend recently, as the coin gained 196.00% in the last 30-days. The medium-term trend for Polymath has been bullish, with POLY increasing by 139.00% in the last 3 months. The long-term picture for Polymath has been positive, as POLY is currently displaying a 32.60% 1-year price change. On this day last year, POLY was trading at $ 0.264153.

Polymath reached its all-time high price on Feb 19, 2018, when the price of POLY peaked at $ 1.59. The current POLY cycle high is $ 1.25, while the cycle low is at $ 0.011636. POLY has been displaying high volatility recently – the 1-month volatility of the coin is at 42.82. Polymath recorded 17 green days in the last 30 days.

Polymath technical analysis for today – Nov 03, 2023

The sentiment in the Polymath markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.275321, $ 0.259841 and $ 0.233011, while $ 0.317631, $ 0.344461 and $ 0.359941 are the key resistance levels.

Bullish sentiment for Polymath

27 indicators are currently signaling a bullish prediction for Polymath, while 3 indicators are showing a bearish forecast. With 90% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Polymath.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 65 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Polymath moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Polymath is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Polymath is at 57.93, suggesting that POLY is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Polymath over the last 50 days. Currently, Polymath is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the POLY closing price for the last 200 days. POLY is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this Polymath prediction

After considering the above factors, we can conclude that the current forecast for Polymath price prediction is Bullish. POLY would have to increase by 10.11% to hit our $ 0.416531 target within the next five days. Moving forward, it will be important to monitor the POLY market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Polymath price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.