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    QONEQT in Polkadot

    11-Oct-2022 04:31 PM


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    Price analysis 10/10: DOT

    Polkadot has been consolidating between $6 and $6.64 for the past few days.
    The bears are trying to further cement their advantage by not allowing the price to rise above the 20-day EMA ($6.46).
    Source: TradingView If the price continues lower and breaks below $6.25, the DOT/USDT pair could retest the crucial support at $6.
    If this level cracks, the pair could start the next leg of the downtrend.
    If they succeed, the pair could pick up speed and rally toward the next resistance at $8.

    Source - Coin Telegraph

    #polkadot