Polkadot correction is closing on the next rocket launch padEarly correction appears to accelerated the polkadot cycle pattern, I would expect to touch $12-13 range before exploding into the next cycle. If successful $DOT can become the best token to trade in 2021 and overtake $USDT by market cap
There is currently no other token without the psychological ballast from the last bull cycle, by extrapolating previous bull cycle ATH move of $ADA (~1$) we can speculate that $DOT at it's ATH can reach up to $38-$40 at it's peak even if BTC price was to stay in the 30k region.
Gavin
DOT Short-term breakout on volume with two potential TP levelsDOT has broken out nicely from the descending downtrend. It is now headed to approx. 4.82 USD resistance, which will determine if it can follow to 5.30 USD or will need to keep bouncing for longer. Good Daily and Weekly candle indicating reversal at least for short-term (7-15 days).