Dot is at the bottom of its ascending channel.
RSI also shows a divergence, which is a good sign.
I think $55 is a reasonable target for
Polkadot and if it breaks with a good volume, we will see a price discovery around $70.
But these targets need two prerequisites:
1.
Bitcoin must be bullish or stable.
2. Dot needs to maintain its uptrend to break the $48 ~ $50 resistance.
I think $55 is a reasonable target for
Polkadot and if it breaks with a good volume, we will see a price discovery around $70.But these targets need two prerequisites:
1.
Bitcoin must be bullish or stable.2. Dot needs to maintain its uptrend to break the $48 ~ $50 resistance.
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