Polkadot (DOT) Surpasses $7.5 and Could See Another 20% Increase – Check Out This Crypto Casino Too:
After a difficult week that brought DOT to a price of $6.4, the crypto has just made a comeback. It broke through its $7.5 resistance today and investors believe it should continue to rise.
Polkadot (DOT) is breaking out of its bearish pattern and the community is already planning what's next.
The break of DOT above $7.5 is not insignificant. This price corresponds to the annual ATH of DOT and is the last line of defence before the crypto soars to new highs.
However, we notice that it has struggled to maintain this price over the past few days. DOT has indeed managed to exceed $7.5 4 times during the month counting today's breakout. Each time, overcoming this resistance ended in failure and DOT immediately fell once it was crossed.
But this time, things seem to be going in the best possible way with buying pressure that remains high. As a result, the community is already expecting DOT to continue its ascent, and is anticipating an increase to around $9 initially.
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xAdem
· 2023-12-24 12:48
How far can it go at the $9 level right now, or how low can it go with a correction?
Polkadot (DOT) Surpasses $7.5 and Could See Another 20% Increase – Check Out This Crypto Casino Too:
After a difficult week that brought DOT to a price of $6.4, the crypto has just made a comeback. It broke through its $7.5 resistance today and investors believe it should continue to rise.
Polkadot (DOT) is breaking out of its bearish pattern and the community is already planning what's next.
The break of DOT above $7.5 is not insignificant. This price corresponds to the annual ATH of DOT and is the last line of defence before the crypto soars to new highs.
However, we notice that it has struggled to maintain this price over the past few days. DOT has indeed managed to exceed $7.5 4 times during the month counting today's breakout. Each time, overcoming this resistance ended in failure and DOT immediately fell once it was crossed.
But this time, things seem to be going in the best possible way with buying pressure that remains high. As a result, the community is already expecting DOT to continue its ascent, and is anticipating an increase to around $9 initially.