Polkadot’s point has exploded 6% higher in the last 24 hours, from $ 3.88 to $ 4.11 in solid volume, according to the Technical Analysis model of Coindesk Research.
The model showed the resistance established at $ 4.11 before the token is consolidated between $ 4.05 and $ 4.07 in search of profits.
Consolidation indicates a healthy profits after morning escape, with a support exceeding the level of $ 4.05, depending on the model.
In the recent trading dowry was 6% higher over 24 hours, exchanging about $ 4.07.
The wider market of cryptography was also higher, with the wide market, the Coindesk 20, up 5%.
Technical analysis:
- The overall beach reaches $ 0.30 during the rally in small groups.
- The volume exploded at 7,009,142 units during a single hour gain at 8:00 am.
- The trading volume crushed the average of 24 hours of 5 times during the maximum dynamic.
- Strong resistance forms around $ 4.11 where the sales pressure emerges.
- Support maintained above the level of $ 4.05 during the consolidation phase.
- Two correction waves identified during the profit period.
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