Polkadot Price Prediction for Today, October 25: DOT May Commence Bullish Trend
An increase in bullish momentum in Polkadot market DOTUSD Price Analysis – October 25 The crypto may increase further and test the resistance level of $6.7. A breakout at the mentioned resistance level may push the price towards the resistance level of $7.6 and $8.3. Alternatively, an increase in the sellers’ momentum may push Polkadot below $6.0 which may reduce it to $5.6 and $4. 0 support levels . DOT/USD Market Key levels: Resistance levels 6.7, 7.6, $8.3 Support levels: $6.0, $5.6, $4.0 DOTUSD Long-term Trend: Bearish On the long-term outlook, DOTUSD is on the bearish movement. The momentum of sellers was increasing more than that of buyers last week. That is what terminated the ranging movement the crypto embarked. The support level of $6.0 was broken downside and tested the $5.6 level. At the moment, the buyers dominate the market with the formation of daily strong bullish candle. The price is risen above $6.0 level. The fast Moving Average (9 periods EM...