CoinGape
2020-09-10 03:22:19

Polkadot Price Forecast: DOT flashing Buy Signals but Is It the Right Time to Buy?

Polkadot bulls are nurturing a potential breakout after spiking above a short term triangle pattern. DOT/USD drastic price action is delayed by the resistance at the 50 SMA. Polkadot broke down from the ascending channel, discussed last week. Luckily, support at $4.00 came in handy, preventing acute declines from taking over. A reversal, therefore, ensued

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