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Cryptocurrency News Articles
POL (ex-MATIC)'s POL/USD price has increased 3.94% over the past 24 hours to $0.43.
Sep 27, 2024 at 03:03 am
Over the past week, POL has experienced an uptick of over 7.0%, moving from $0.40 to its current price. As it stands right now, the coin's all-time high is $1.29.
Cryptocurrency prices can fluctuate rapidly, and massive gains can be followed by equally large losses. As such, it is important to understand the risks involved and to never invest more than you can afford to lose.
With that said, let's take a look at the recent price action of POL (ex-MATIC). According to Benzinga Pro, the coin's price has increased 3.94% over the past 24 hours to $0.43. Over the past week, POL has experienced an uptick of over 7.0%, moving from $0.40 to its current price.
The chart below compares the price movement and volatility for POL (ex-MATIC) over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
As you can see from the chart above, POL (ex-MATIC) has experienced a period of relative calm over the past 24 hours, with the coin's price fluctuating within a narrow range. However, over the past week, POL has seen a strong uptick in both price and volatility.
This recent price action has pushed POL (ex-MATIC) to an all-time high of $1.29, which was reached on April 14, 2023. At the time of writing, the coin is trading down over 66% from its all-time high.
It is worth noting that the all-time high for any given cryptocurrency is usually followed by a period of consolidation or correction. This is because the rapid appreciation in price can create overheated conditions in the market.
As such, it is important to be aware of the risks involved and to never invest more than you can afford to lose.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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