Polygon (POL) news

Momentum measures the current market dynamics of a cryptocurrency. The value is based on technical indicators such as the Relative Strength Index (RSI), the Fear & Greed Index, and the short-term price trend over the past 30 days. Positive values indicate upward momentum, negative values indicate downward momentum. This indicator is for informational purposes only and does not constitute investment advice.

The Fear and Greed Index for cryptocurrencies is a sentiment indicator measuring market mood on a scale from 0 (extreme fear) to 100 (extreme greed). It aggregates data from various sources such as volatility, market momentum, social media, market dominance, and Google Trends to assess overall market sentiment. Values in the “Greed” range (55-100) indicate a positive, potentially overoptimistic market mood, signaling a possibly overheated market. A “Neutral” value (45-54) reflects a balanced market sentiment. Values in the “Fear” range (0-44) indicate negative market sentiment, signaling fear or pessimism among investors and possibly an undervalued market.

The price trend is an indicator that analyzes the short-term price movement (last 30 trading days) of a cryptocurrency to understand its market dynamics. For each day, it is assessed whether the price increased (referred to as a “positive” or “green” day) or decreased (known as a “negative” or “red” day) compared to the previous day. A predominance of green days over this period suggests an upward trend that may continue in the short to medium term.