Polygon (POL) Price Faces Pressure Despite Polygon Integration on Coinbase x402

12-Mar-2026 TronWeekly
Polygon

Polygon is now officially supported by the Coinbase x402 Facilitator, joining Base and Solana, as of Wednesday, March 11. This integration allows AI agents to pay seamlessly for APIs, data, inference, and services across multiple blockchains. 

With Polygon’s high throughput and low fees, AI developers gain more flexibility and efficiency, fueling the growth of the agentic economy.

The move marks a major step toward a fully multichain agentic economy, where autonomous AI agents can transact, access resources, and operate across ecosystems. 

Polygon’s inclusion enhances scalability and cost-effectiveness, positioning it at the forefront of blockchain-enabled AI infrastructure. As AI-driven decentralized services expand, multichain interoperability becomes essential, and Polygon ensures the network keeps pace.

Also Read: Polygon Breaks 2-Year Record As Stablecoin Boom Pushes $3.24 Billion Market Cap

POL Faces Pressure Below All Moving Averages

POL is in a steady downtrend, making lower highs. The price is trading below all the major exponential moving averages, which are spread out in a downtrend according to data from TradingView. In essence, there is strong selling pressure across multiple timeframes, and the 20-EMA is acting as a hard, moving ceiling.

Source: TradingView

Bollinger Bands are constricting like a held breath around the current price of $0.09788. It is a significant squeeze in volatility. Once a sharp drop is experienced, stability is followed, indicating that a significant move is about to happen. 

For a reversal to happen, it is important that the asset reclaims its 20-day SMA at $0.09670 and breaks up through a dense resistance area around $0.10117.

Polygon (POL) Momentum Indicators Point to Cautious Outlook

The Relative Strength Index (RSI) is at 52.51. This is a neutral position with a hint of bullishness. After crossing the 50 mark and its signal line at 47.46, it is indicating that buyers are slowly replacing sellers. This is because of the bounce back from its recent lows. This shows that the markets are settling.

Source: TradingView

The MACD indicator shows a bullish signal as the blue line rises to the point of -0.00021, rising above the orange line. 

Although the line remains below zero, the bars on the histogram are growing, implying that the downward pressure is slowing down. This could be an indication of a trend change if the divergence continues to rise.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Polygon (POL) Broadening Wedge Pattern Points to a Breakout Toward $0.125

Also read: Cardano DeFi TVL Surpasses 700M ADA: Could it Push the Price Above $0.27?
About Author Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc fermentum lectus eget interdum varius. Curabitur ut nibh vel velit cursus molestie. Cras sed sagittis erat. Nullam id ante hendrerit, lobortis justo ac, fermentum neque. Mauris egestas maximus tortor. Nunc non neque a quam sollicitudin facilisis. Maecenas posuere turpis arcu, vel tempor ipsum tincidunt ut.
WHAT'S YOUR OPINION?
Related News