Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The market-wide sentiment boost aided Polkadot’s [DOT] bulls in getting a grip on the near-term trend. The previous month has been relatively hopeful as the alt finds a position near the upper band of the […]
The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice
A breach of the $9.11-mark positioned the coin towards the brighter side of market momentum. However, traders should consider the caveats discussed below before entering positions. At press time, DOT was trading at $9.34, up by 8.7% in the last 24 hours.The upturn from the alt’s multi-yearly low on 13 July has reignited the near-term buying pressure. This force helped DOT flip its four-month trendline resistance to support.
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