Polygon Pol’s native token (previously Matic) increased almost 3% in the last 24 hours, exceeding the widest market, after establishing multiple support areas, according to Coindesk Research technical analysis data.
The Token rose from $ 0.184 to $ 0.189 with a negotiation range of $ 0.0082 (4.28%)Reflecting constructive volatility patterns, according to the model.
The Token built solid support foundations inside the corridor from $ 0.183 to $ 0.184, where buyers constantly emerged. Exceptional volume activity of up to 597,718 substantially exceeded the daily average of 189,000, indicating a solid institutional participation during the rally phases and confirmed a successful penetration above $ 0.187, the model showed.
The technical panorama also shows higher progressive minimums between $ 0.1890- $ 0.1892, indicating the fundamental support force, while overload resistance persists around $ 0.1897, establishing a compressed negotiation band that reflects the balance of the market before the possible directional resolution.
The Token surpassed the largest cryptography market measured by the Coindesk 20 index, which increased approximately 1.7% during the same period.
The measure is produced in the middle of the recent announcement of the Polygon Pos consensus layer, Heimdall V2, which lands on July 10, 2025, according to the CEO of the Foundation. “This is the most complex hard load polygon that has seen since its launch in 2020,” he said in an X X.
