DOT/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this DOT/USDT 1DAY chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-Polkadot (DOT), was another big gainer in todayβs session, with prices moving closer to a four-week high.
Following a low of $4.84, DOT/USD managed to reach an intraday high of $5.16 earlier on Thursday.
As a result of this move, DOT broke out of a key resistance level of $5.15, hitting its strongest point since December 16 in the process.
As can be seen from the chart, the 14-day RSI has failed to move beyond its long-term ceiling of 68.00 and has since slipped lower.
Price strength is now tracking at 63.10, with DOT declining from its earlier peak, and the asset is trading at $5.09.
In order for the token to continue to move higher, there will first need to be a rally above its 68.00 points on the RSI.
This is not a piece of financial advice.
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