Deep Dive
1. Technical Rebound (Mixed Impact)
Overview: POLYX’s 7-day RSI hit 25.94 (oversold territory) on 9 December 2025, while the MACD histogram flipped positive (+0.000020195), signaling a potential reversal after a 54% 90-day decline.
What this means: Traders often interpret oversold RSI levels as buying opportunities, especially when paired with bullish divergences like MACD crossovers. However, resistance looms at the 7-day SMA ($0.0626), which POLYX must breach to confirm momentum.
What to look out for: A sustained close above $0.0626 (SMA) could signal further upside; failure may reignite bearish pressure.
Overview: Polymesh’s v7.3 upgrade on 28 July 2025 relaxed CDD (Customer Due Diligence) requirements for staking and transfers, simplifying user onboarding.
What this means: Reduced friction could increase network participation and POLYX utility, aligning with its focus on regulated assets. The update followed the mainnet Portal revamp (9 July), which added direct fiat-to-POLYX purchasing via Banxa.
What to look out for: Adoption metrics like staking activity and new asset issuances on Polymesh.
3. Institutional Momentum (Bullish Impact)
Overview: POLYX gained custody support from BitGo (22 July) and joined the Tokenized Asset Coalition (31 July), targeting $1T+ in real-world asset (RWA) tokenization.
What this means: These moves enhance Polymesh’s institutional appeal amid growing RWA demand. A 2 September Bitrue analysis flagged POLYX as a top RWA token, citing its compliance-focused infrastructure.
What to look out for: Regulatory clarity for tokenized assets and new partnerships in traditional finance.
Conclusion
Today’s price rise reflects a mix of technical rebound dynamics and incremental progress in Polymesh’s institutional positioning. While the RWA narrative offers long-term potential, POLYX faces headwinds from broader crypto fear sentiment (CMC Fear & Greed Index: 25) and liquidity challenges (24h turnover: 7.65%).
Key watch: Can POLYX hold above its 7-day SMA ($0.0626) to confirm a trend reversal, or will macro bearishness dominate?