Polkadot (DOT) trades above the moving average lines and recovers to reach the previous highs. The bullish rise in the previous price action was rejected at the high of $6.83.
Today’s price action could face similar resistance. However, a price reversal could overcome the initial resistance at $6.83. The uptrend will continue to the high of $8.00. On the downside, selling pressure will resume if the price falls below the moving average lines. Thus, DOT would fall back to its previous low at the $5.73 and $5.65 levels. Beyond that, the uptrend will continue if the altcoin declines and holds above the moving average line.
Анализа индикатора Полкадот
The price of DOT is at the level 58 of the Relative Strength Index for the period 14. The altcoin is in a rally and can rise even further. The cryptocurrency can rise once again if the price bars are above the moving average lines. A decline is indicated by the downward trend of the moving average lines. The altcoin price is currently above the 80% area of the daily stochastic. The current uptrend has run its course.
Технички индикатори:
Главни ниво отпора - 10 и 12 долара
Главни нивои подршке - 6 и 4 долара
Који је следећи правац за Полкадот?
Below the $6.85 barrier, the coin is moving sideways. Buyers have been desperately trying to surpass the recent high since October 25. Since the cryptocurrency is overbought, any move higher will be resisted.
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-resistance-6-83/