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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Polkadot Forum => Topic started by: Rockalo on June 19, 2021, 02:13:06 PM

Title: Previous Low at $20, Faces Rejection at $26
Post by: Rockalo on June 19, 2021, 02:13:06 PM
Polkadot (DOT) has fallen to $22 low from the previous high of $29. Since the crypto began falling, DOT price was making a series of lower highs and lower lows.

When the price fell and made a lower low at $20, the crypto rebounded above the current support and rallied to the previous lower highs. The rally was stalled at the lower high of $26.

The selling pressure resumes as bulls fail to break the $26 high. The current downtrend is likely to extend to the low at $20. Since June 8, the DOT price has been retesting the support at $20. Nevertheless, the crypto’s price has broken below the moving averages signaling the resumption of a downtrend.More information: please click here (https://coinidol.com/polkadot-rejection-26/)