DOT Could Climb to $4.481 as Bullish Pattern Emerges: Analyst
- Crypto analyst and trader revealed that a falling wedge has formed on DOT’s chart.
- Per the post, DOT’s price could rise to between $4.203 and $4.281 if the pattern is validated.
- Meanwhile, CoinMarketCap indicated that DOT’s price was up more than 4% and trading at $3.99.
The cryptocurrency trader and analyst FLASH revealed in an X (formerly Twitter) post earlier today that a bullish falling wedge pattern had formed on Polkadot’s (DOT) chart. Subsequently, he predicted that the altcoin’s price may soon re-enter the demand zone between $4.203 and $4.281.
Meanwhile, data from the cryptocurrency market tracking website CoinMarketCap indicated that DOT recorded a gain over the past 24 hours. At press time, the altcoin’s price was up more than 4%. This left it changing hands at just under the $4 mark at $3.99. The positive daily performance also pushed DOT’s weekly performance deeper into the green to +5%.
The cryptocurrency also experienced an uptick in its 24-hour trading volume. According to CoinMarketCap, DOT’s 24-hour trading volume was up 23.32%. Subse…
The post DOT Could Climb to $4.481 as Bullish Pattern Emerges: Analyst appeared first on Coin Edition.
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DOT Could Climb to $4.481 as Bullish Pattern Emerges: Analyst
- Crypto analyst and trader revealed that a falling wedge has formed on DOT’s chart.
- Per the post, DOT’s price could rise to between $4.203 and $4.281 if the pattern is validated.
- Meanwhile, CoinMarketCap indicated that DOT’s price was up more than 4% and trading at $3.99.
The cryptocurrency trader and analyst FLASH revealed in an X (formerly Twitter) post earlier today that a bullish falling wedge pattern had formed on Polkadot’s (DOT) chart. Subsequently, he predicted that the altcoin’s price may soon re-enter the demand zone between $4.203 and $4.281.
Meanwhile, data from the cryptocurrency market tracking website CoinMarketCap indicated that DOT recorded a gain over the past 24 hours. At press time, the altcoin’s price was up more than 4%. This left it changing hands at just under the $4 mark at $3.99. The positive daily performance also pushed DOT’s weekly performance deeper into the green to +5%.
The cryptocurrency also experienced an uptick in its 24-hour trading volume. According to CoinMarketCap, DOT’s 24-hour trading volume was up 23.32%. Subse…
The post DOT Could Climb to $4.481 as Bullish Pattern Emerges: Analyst appeared first on Coin Edition.
Read More