Polkadot (DOT) Inoramba Pazasi, Haikwanise Kutsigira Pamusoro pemadhora makumi mana nemashanu

Azeez Mustapha

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Polkadot (DOT) Mutengo Wemazuva mazhinji Maitiro: Bullish
nhasi, Polkadot's (DOT) price has been struggling to sustain above the $45 high. Buyers have made two attempts to break above the recent high. In the first attempt, Polkadot was resisted as it fell to $44.90 support. Nevertheless, after the second retest, the altcoin slumped above the $45 support. The current price action has remained the same since October 20. The cryptocurrency will rally to $50 high if the bulls are successful above the recent high. However, if the bulls fail to sustain the bullish momentum, the DOT price will decline to $34 low.

DOT / USD - Mazuva ese Chart

Mazuva ese Chart Zviratidzo Kuverenga:
Polkadot is at level 68 of the Relative Strength Index period 14. The market is near the overbought region. DOT/USD has not enough room to rally on the upside. The 21-day and 50-day SMAs are sloping upward indicating the uptrend.

Polkadot (DOT) Medium-term Trend: Bullish
The altcoin has been struggling to sustain above $45 support. The cryptocurrency will resume an upward move if the current bullish momentum is sustained. Today, the upward move has been repelled. Meanwhile, on October 22 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that DOT price will rise to level 1.618 Fibonacci extensions or $47.11.

DOT/USD – 30 Mins Chart

Maawa mana-Chati Zviratidzo Kuverenga
DOT is below the 40% range of the daily stochastic but the stochastic bands are sloping upward. The 21-day SMA and the 50-day SMA are sloping upward indicating the uptrend. Polkadot has a bullish crossover as the 21-day SMA crosses above the 50-day SMA.

General Maonero ePolkadot (DOT)
Polkadot’s (DOT) price is in an upward move. The chances of rising are there as long as the price bars are above the moving averages. Buyers have to breach the $46 resistance zone to resume the upward move.


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Azeez Mustapha

Azeez Mustapha inyanzvi yekutengesa, muongorori wemari, anoratidzira masisitimu, uye maneja wemari ane makore anopfuura gumi ane ruzivo mukati memunda wezvemari. Se blogger uye munyori wezvemari, iye anobatsira vatengesi kuti vanzwisise pfungwa dzakaomarara dzemari, kuvandudza hunyanzvi hwavo hwekudyara, uye kudzidza kudzidza kushandisa mari yavo.

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