Tržna kapitalizacija
24h Volumen
20527
Kriptovalut
58.62%
Bitcoin Delež

DOT Technical Analysis: Rising Wedge Keeps DOT Away From $10

DOT Technical Analysis: Rising Wedge Keeps DOT Away From $10


Cryptoknowmics
2022-08-09 07:35:41
DOT Technical Analysis: Rising Wedge Keeps DOT Away From $10

The trendline breakout rally in the DOT prices remains trapped within a rising wedge keeping the bullish growth in check. Key Technical Points: The Polkadot (DOT) price jumped 17% last week to break above the 100-day SMA. The bullish candle formed overnight challenges the resistance trendline of the rising wedge pattern. With a market cap of $10.22 billion, the intraday trading volume of Polkadot has increased by 128% over the last 24 hours to reach $796 million. Past Performance of DOT As predicted in our previous analysis, the DOT prices continue to rise with the trendline breakout rally and exceed the 100-day SMA. The price action shows a rising wedge pattern forming in the daily chart keeping bullish in check. Moreover, the recent bull cycle closes a bullish engulfing candlestick close to the resistance trendline teasing a potential breakout. Source – Tradingview DOT Technical Analysis Currently, the DOT price action displays a bullish candle formation last night with a 7.28% jump with a spike in the intraday trading volume. However, the growing bearish influence over the present daily candle teases a bearish turnaround. As the Polkadot market price sustains above the 100-day average price, the increased bullish influence results in a bullish reversal in the 50-day SMA. Hence, a potential bearish fallout rally can take support at the 50-day SMA. The daily-RSI slope maintains a positive trend in the nearly overbought zone t...

Najbolj brane novice

Sorodne novice


Preberite izjavo o omejitvi odgovornosti : Vsa vsebina, ki je na voljo na našem spletnem mestu, spletnih mestih s hiperpovezavami, povezanih aplikacijah, forumih, blogih, računih družbenih medijev in drugih platformah (»mesto«) je samo za vaše splošne informacije in je pridobljeno iz virov tretjih oseb. Ne dajemo nobenih jamstev v zvezi z našo vsebino, vključno, a ne omejeno na točnost in posodobljenost. Noben del vsebine, ki jo nudimo, ne predstavlja finančnega nasveta, pravnega nasveta ali katere koli druge oblike nasveta, ki je namenjen vašemu posebnemu zaupanju v kateri koli namen. Kakršna koli uporaba ali zanašanje na našo vsebino je izključno na lastno odgovornost in po lastni presoji. Izvedite lastno raziskavo, pregledajte, analizirajte in preverite našo vsebino, preden se zanesete nanjo. Trgovanje je zelo tvegana dejavnost, ki lahko povzroči velike izgube, zato se pred kakršno koli odločitvijo posvetujte s svojim finančnim svetovalcem. Nobena vsebina na našem spletnem mestu ni mišljena kot nagovarjanje ali ponudba.