- Altcoin POL confirms regular bullish divergence marking a significant pump ahead.
- This pattern points to a pump of over 395% for the altcoin POL once known as MATIC.
- If this pattern triggers a pump POL price could hit the $1.30 price range.
The price of Bitcoin has reclaimed its $95,000 price target, meaning the next leg up for Bitcoin price is likely going to be to reclaim the $100,000 price mark and analysts expect this price to arrive in the coming days ahead. Altcoins too are showing bullish indicators across their respective price charts. To highlight, Polygon’s MATIC, now POL confirms regular bullish divergence.
POL Confirms Regular Bullish Divergence
Polygon is a popular blockchain project and its native token was expected to be one of the most strongest altcoins in the crypto market last cycle. While the token remains popular even during this bull cycle, the native token has been swapped globally from what it was previously called MATIC to what it goes by now called POL. POL is now showing bullish signs indicating a strong pump ahead.
This expectation falls perfectly in line with the highly anticipated arrival of the peak altseason phase. Analysts have been expecting the arrival of this bull cycle’s altseason phase to arrive since Q1 of 2025. This is because based on previous bull cycles, the altseason phase has always arrived in Q1 following a Bitcoin Halving year. However, this cycle, this pattern seems to have broken and analysts expects altseason to have been delayed.
The cause of the delay has been attributed to two possible explanations. The first is tied to the fact that Bitcoin (BTC) price pumped by a lot very quickly this bull cycle which led to a brutal and prolonged correction phase in Q1 of 2025 instead of the expected altseason phase. The second theory is that the 4-year bull cycle has become obsolete, leaving analysts to look at charts instead to predict the actions of the crypto market’s future.
POL Prepares for Bullish Revival
Despite the delay to altseason’s arrival, several altcoins have been showing continuously promising bullish indicators on their respective price charts since 2023, way before the Bitcoin Halving event and the start of the bull cycle. These bullish altcoins include XRP, SHIB, FLOKI, ADA, VET, SUI, and many more. Most recently, one analyst threw light on Polygon (POL).
As we can see from the post above, this reputed analyst highlights Polygon (POL), once known as MATIC, as a highly bullish altcoin. The posts mentions that POL confirms a regular bullish divergence and how this pattern confirmation is leading into a pump of over 395% recovery move back into the $1.30 price range.
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