The point rebounded, winning 4%, after falling from 3.67% to $ 3.464, where he found strong support, according to the Technical Analysis model of Coindesk Research. The higher movement was on a strong volume, showed the model.
An bullish reversal scheme has been formed with higher consecutive stockings from the bottom, which suggests a more potential potential, depending on the model.
During recent negotiations, the DOT was less than 0.5% over 24 hours at around $ 3.57. The wider market gauge, the Coindesk 20, was 1.2% higher at the time of publication.
Technical analysis:
- DOT experienced a correction of $ 3.67% of $ 3.464 before finding strong support.
- The volume has exceeded 2.5 million units in the support of $ 3.47, significantly higher than the average 24 hours.
- A bullish reversal reason has been formed with higher consecutive stockings from the bottom.
- The V -shaped recovery model emerged from 11:43 a.m., the volume going to more than 34,000 units during the 11:45 a.m.
- The price has pierced multiple levels of resistance, reaching a peak of $ 3.559 at 12:09 pm.
- Continuous potential of the momentum upwards if the resistance of $ 3.57 can be eliminated.
Warning: Parties of this article were generated with the help of AI tools and examined by the Coindesk editorial team for precision and membership of our standards. For more information, see the complete Coindesk AI policy.
