Polkadot (DOT) price has declined since its high of $5.28. If it goes back above the breakout level of $5.00, the uptrend will continue. The uptrend will then continue to the high of $7.50.
Polkadot price long term analysis: bearish
The altcoin will continue to rise if buyers manage to keep the price above the moving average lines. Polkadot is currently trading in an overbought area of the market. It is unlikely that the altcoin will continue to rise. The bullish momentum might be abandoned at the recent high. The price of DOT is now declining after turning lower at the recent high. The cryptocurrency will enter a rangebound trend if it declines and finds support above the 21-day SMA line. The downtrend will resume if the bears break below the 21-day line SMA.
Анализа индикатора Полкадот
The Relative Strength Index of the cryptocurrency is now at 69. The overbought sector of the cryptocurrency market has been reached. The price of DOT is most likely to fall. The moving average lines are above the price bars, indicating that the price will continue to fall. Polkadot has reached the overbought area of the daily stochastic above level 80. The current uptrend is likely to come to an end.
Технички индикатори:
Кључни нивои отпора - 10 и 12 долара
Кључни нивои подршке - 6 и 4 долара
Који је следећи правац за Полкадот?
DOT /USD breaks through the resistance of $5.00 and rises to the high of $5.28. It crosses the support level of $5.00, preparing for a possible upward push. On the other hand, Polkadot will fall and move back in a range if buyers fail to keep the price above the resistance or the 50-day line SMA.
Одрицање од одговорности. Ова анализа и прогноза су лично мишљење аутора и нису препорука за куповину или продају криптовалуте и не треба их посматрати као подршку од стране ЦоинИдола. Читаоци би требало да истраже пре него што уложе у фондове.
Source: https://coinidol.com/polkadot-threatens-sink/