Using prior price data, predictive modelling and Investor sentiment scraped from various sources online, a Polymath (POLY) price prediction of around $0.30 – $0.50 USD is what our data shows could be possible in 2023-2025 given the fundamentals of Polymath and prior price data of the POLY token. Creating a Polymath price prediction from collated data is an overall useful step in determining whether a long term investment is expected to be profitable. You’ll need to keep track of newsletters, social media, upcoming events, overall Investor sentiment and market conditions as they change over time to determine when to buy or sell at the right time. Long term trends determined by technical analysis from years of historic price data will assist in predicting the years ahead, but fundamental analysis is key. This POLY price prediction is based on several data sets and predictive modelling which assumes the current long term trend driving the price of POLY continues in an upwards direction with no major setbacks.įundamental analysis of Polymath is crucial when predicting the price of the POLY token in the long term. Through current trends, Investor sentiment and the overall direction of the cryptocurrency market, we think Polymath (POLY) has a good chance of visiting the $0.10 to $0.15 USD mark in 2022 as long as the trend continues and the Team continues to work on their products and partnerships.įrom 2023 to 2025 we think the price of POLY to visit the $0.30 – $0.50 USD area as the Team continues to develop their products and those products receive adoption from the target audience. Technical analysis holds more weight against fundamental analysis in determining short term POLY price movements but it’s important to acknowledge upcoming events in the coming weeks and months. Researching what the Polymath Team is doing in the next few months can help you determine whether or not an investment will be profitable after certain events, roadmap goals or milestones are met. At the time of writing POLY is worth around $0.04 USD and we think that price could reach somewhere around the $0.10 to $0.15 USD mark in the next few months.įundamental analysis should be a part of your analysis when creating your own Polymath price prediction. Using support/resistance, trendlines, moving averages and simple indicators like the RSI, you can create a reasonably accurate Polymath price prediction for 3, 6 and 12 months ahead of time.
From this data you may be able to create your own POLY price prediction and trade accordingly. Seeing as price has interacted with these marked areas many times in the past, Traders can use these areas in which to setup buy or sell orders depending on what they believe will happen. In the following chart we can see that price has had many interactions with the areas marked in yellow, specifically at points marked by green arrows. Predicting the price of POLY can also be useful for determining sell targets if you’re already holding POLY and wondering where to sell for the highest profit. Horizontal support levels can be identified by counting the amount of times a a price tests and bounces from a particular price on the way down. Horizontal resistance levels can be identified by counting the amount of times a price is tested and rejected on an attempt upwards. In this video a review of Polymath and some info about STOs as well.Identifying levels of support and resistance are often all it takes to start creating a POLY price prediction, at least in the short to mid-term.
Nasdaq and NEO are already building a platform as well. The space will be crowded very soon though, so pay attention to the developments the next months. Polymath is in pole position to become the number 1 platform to do STOs on. A lot easier, legally correct, transparent and secure. Instead of utility tokens there will be security tokens which represent a security such as a stock, bond, real estate, equity share,… So this could be the alternative for IPOs on the stock exchange. Security token offerings or STOs are a hot topic in the crypto space, it could be the hype following the ICO hype of 2017-2018.