Polkadot rekòmanse monte li pi wo pase $ 5.20 ki ba a

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Polkadot (DOT) Pri alontèm tandans: Bearish
Polkadot la (DOT) pricing has not gone up after the price cut on May 8 as it resumes its ascent above the $5.20 Low. The cryptocurrency asset’s price range has been constrained at $5.20 and $5.50. The selling pressure has subsided as Polkadot resumed a range-bound ascent beyond the $5.20 mark. Doji candlesticks have resulted in no change in the price movement. On the plus side, buyers attempted but failed to keep the price above the $5.50 high on May 28.The altcoin has now slipped into the range-bound territory for $5.28. The current support and resistance levels are still in place as the altcoin consolidates. At the level of the 1.272 Fibonacci extension, or $5.24, the price signal has suggested a likely decline and reversal to the downside.

Chak jou Tablo Endikatè Lekti:
There has been no significant price movement as Polkadot is at level 43 of the Relative Strength Index for period 14. The altcoin is in the downtrend zone above the $5.20 support. The price bars are now between the moving average lines but fluctuate below and above the 21-day SMA. The moving average lines are sloping southward in line with the downtrend

Polkadot (DOT) Mwayen tèm tandans: Sòti
Polkadot is in a sideways move below the $5.50 resistance level. The cryptocurrency asset has been fluctuating between $5.20 and $5.50. Today, the bears have broken below the moving average lines as the DOT price approaches the lower price range at a level of $5.20.

Tablo 4 èdtan Lekti Endikatè Tablo
Polkadot has fallen to the oversold region but pulled back. Presently the price bars are below the moving average lines. The moving average lines are sloping horizontally indicating the downtrend. Buyers are likely to emerge in the oversold to push prices upward.

Jeneral pespektiv pou Polkadot (DOT)
Polkadot has remained in a confined range since May 8 as it resumes its ascent above the $5.20 Low. The range-bound move may persist because of the presence of Doji candlesticks. These small body candlesticks have continued to dictate the movement of price. A price rebound will propel the coin to rise.

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