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Polka Punkt (DOT) Präis Laangzäit Trend: Bieresch
Polka Punkten (DOT) is still in a downward correction. Today, the bears push DOT price to the low of $14.80 as bulls buy the dips. The upward move was short-lived as bulls were rejected twice at the $15.40 high. As a result of the rejection, the selling pressure has resumed to the downside. Nonetheless, if buyers had pushed the DOT price above $17 and the bullish momentum is sustained, the market would have risen to $21.50 high. The upward move has been repelled. However, if buyers are repelled at the recent high, DOT price is likely to fall to breach the $13 support.
Deeglech Chart Indicateuren Liesen:
Polkadot is at level 40 of the Relative Strength Index period 14. It indicates that crypto is in the downtrend zone and below the centerline 50. The 21-day and the 50-day SMA are sloping southward indicating the downtrend. The price bars are below the 21-day and the 50-day SMA which suggests further downside.
Polkadot (DOT) Mëttelfristeg Trend: Bieresch
On the 4 hour chart, the altcoin is in a downward correction. The rejection at the $17.50 resistance made the altcoin fall to the previous low. On July 9 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that DOT price will fall to level 1.272 Fibonacci extensions or level $14.07 and reverse. The crypto will reverse to 78.6% Fibonacci retracement level where it originated.
4-Stonn Chart Indikatoren Liesen
D'Krypto ass ënner dem 20% Beräich vum deegleche Stochastik. Et weist datt de Präis an déi iwwerverkaafte Regioun gefall ass. Keefer ginn erwaart d'Kontroll vu Präis ze huelen. Den 21-Deeg SMA an d'50-Deeg SMA si schief no ënnen, wat de Downtrend uginn.
Allgemeng Ausbléck fir Polkadot (DOT)
The market has reached bearish exhaustion as the altcoin may reverse. The crypto has been in a downward correction since June 22. According to the Fibonacci tool, the market will reverse at level 1.272 Fibonacci extensions or level $14.07.
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