DEXWireNews

Polkadot's Journey Beyond Trends and Corrections

Long
COINBASE:DOTUSD   Polkadot
Polkadot has broken the rising trend up in the medium long term. This signals an even stronger rate of growth, but the positive development may result in corrections down in the short term. There is no resistance in the price chart and further rise is indicated.

Volume has previously been high at price tops and low at price bottoms. Volume balance is also positive, which strengthens the trend. The currency has strong positive momentum and further increase is indicated. high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards.

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