Kupci dobijaju zamah na DOT tržištu

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Bulls may dominate the Polkadot market

DOTUSD analiza cijena – 06. decembar

In case the resistance level of $5.6 does not hold, bull pressure may break up the resistance level of $5.6, then, the $5.9 and $6.7 levels may be tested. When the sellers interrupt buyers, it may lead to a further decrease in polka dots toward the support levels of $5.3, $5.0, and $4.7.

DOT/USD tržište

Ključni nivoi:

Nivoi otpora $5.6, $5.9, $6.7

Nivoi podrške: 5.3 USD, 5.0 USD, 4.7 USD

DOTUSD Dugoročni trend: bikovski

On the long-term outlook, DOTUSD is on a bullish movement. The buyers could not push the coin above the resistance level of $7.6. Sellers gained more power to push down the coin from the high of $7.6. The price declined to the support at the $5.0 level. The mentioned level has been tested twice by the crypto.  On November 29, the price bounced up and penetrated the resistance level of $5.3 and it is currently struggling to penetrate the $5.6 level.

The price is above the two EMAs as a sign of bullish movement. The fast Moving Average (9-periods EMA) is trying to cross the slow Moving Average (21-periods EMA) upside. In case the resistance level of $5.6 does not hold, bull pressure may break up the resistance level of $5.6, then, the $5.9 and $6.7 levels may be tested. When the sellers interrupt buyers, it may lead to a further decrease in price toward the support levels of $5.3, $5.0, and $4.7.

DOTUSD srednjoročni trend: bikovski

DOTUSD is bullish on the 4-hour chart. The sellers’ momentum pushed the price to test the support level of $5.0 twice. The first test was on 22 November and the second test was on 28 November. Buyers are gaining more pressure and the price is increasing toward $5.9 resistance level. The price is currently pulling back as a normal phenomenon in a trending market.

The 9-periods EMA is crossing the 21-period EMA upside and the price is trading above the two EMAs.  The relative strength index period 14 is at 45 levels with the signal lines pointing downside to indicate a sell signal. Polkadot is struggling to climb higher while IMPT is already at the top.

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Source: https://insidebitcoins.com/news/polkadot-price-prediction-for-today-06-december-buyers-are-gathering-momentum-in-dot-market