DOT / TetherUSLong
Polkadot
Throughout the year, Polkadot steadily rolled down. And it has already made a drawdown of about 90% of the maximum price at which it was in November last year. The chart shows how over the past half a year this cryptocurrency has been working out the wave theory. Now the asset is forming a support level at $5. And already twice made a rebound from this price. It was at this price that the market showed great liquidity in 2020-2021. Most likely now we will observe a reversal and a slight increase.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.