Polkadot dowry
Increased up to 5% in the last 24 hours, from $ 3.52 to $ 3.70 while the bulls dominated the session, according to the Technical Analysis model of Coindesk Research.
The model showed that a key break occurred at 7:00 p.m. on July 9, with a point point at $ 3.63 over a heavy volume of 4.21 million.
The rally in Polkadot came while the wider cryptography market has also increased, with the wider market gauge, the Coindesk 20, recently increased by 3.5%.
Bitcoin, the largest cryptocurrency in the world, approached the heights of all time at $ 112,000.
During recent negotiations, the DOT was 3.5% greater than 24 hours, exchanging about $ 3.67.
Technical analysis:
- Solid support on volume established about $ 3.54 during the overvoltage of 18: 00-21: 00 on July 9.
- Key resistance levels identified at $ 3.69 – $ 3.70 when the price encountered two reversals during the session.
- Conventional support was formed at $ 3.49 during the drop in the 2:00 p.m. session on July 9.
- Critical support established about $ 3.68 during the 60 -minute down pressure period.
- Momentum indicators report surveillance conditions suggesting potential consolidation.
- High trading volumes exceeded 4.2 million during the main rally phase.
