Furthermore, the MACD bars are rising, indicating a bullish momentum is getting stronger. Also, the MACD value rises above the signal line, which signals an uptrend ahead.<\/p>\n\n\n\n
Technically, Polkadot will remain bullish until the price holds above the 21 EMA. Besides, we may see DOTUSD retests and breaks the immediate resistance at $5.0730 to continue with the current upside rally targeting $6.0230.<\/p>\n\n\n\n
This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"$DOT To Retest Key Resistance At $5.0730 With A Strong Bullish Momentum \u2013 Polkadot Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dot-to-retest-key-resistance-at-5-0730-with-a-strong-bullish-momentum-polkadot-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 17:42:05","post_modified_gmt":"2023-04-10 07:42:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9299","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Most importantly, the 8 EMA has just moved over the 21 EMA, plotting a bullish crossover. This crossover signal will remain valid until the price holds above the EMA supports.<\/p>\n\n\n\n
Furthermore, the MACD bars are rising, indicating a bullish momentum is getting stronger. Also, the MACD value rises above the signal line, which signals an uptrend ahead.<\/p>\n\n\n\n
Technically, Polkadot will remain bullish until the price holds above the 21 EMA. Besides, we may see DOTUSD retests and breaks the immediate resistance at $5.0730 to continue with the current upside rally targeting $6.0230.<\/p>\n\n\n\n
This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"$DOT To Retest Key Resistance At $5.0730 With A Strong Bullish Momentum \u2013 Polkadot Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dot-to-retest-key-resistance-at-5-0730-with-a-strong-bullish-momentum-polkadot-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 17:42:05","post_modified_gmt":"2023-04-10 07:42:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9299","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related:<\/em><\/strong> Polkadot\u2019s Development Activities Hit An All-time High<\/a><\/p>\n\n\n\n Most importantly, the 8 EMA has just moved over the 21 EMA, plotting a bullish crossover. This crossover signal will remain valid until the price holds above the EMA supports.<\/p>\n\n\n\n Furthermore, the MACD bars are rising, indicating a bullish momentum is getting stronger. Also, the MACD value rises above the signal line, which signals an uptrend ahead.<\/p>\n\n\n\n Technically, Polkadot will remain bullish until the price holds above the 21 EMA. Besides, we may see DOTUSD retests and breaks the immediate resistance at $5.0730 to continue with the current upside rally targeting $6.0230.<\/p>\n\n\n\n This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"$DOT To Retest Key Resistance At $5.0730 With A Strong Bullish Momentum \u2013 Polkadot Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dot-to-retest-key-resistance-at-5-0730-with-a-strong-bullish-momentum-polkadot-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 17:42:05","post_modified_gmt":"2023-04-10 07:42:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9299","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
According to the daily chart, DOTUSD started the new year 2023 with a steady uptrend following the rejection at support near $4.2418. The price now holds above the dynamic resistances (8 & 21 EMAs), showing a better bullish strength.<\/p>\n\n\n\n See Related:<\/em><\/strong> Polkadot\u2019s Development Activities Hit An All-time High<\/a><\/p>\n\n\n\n Most importantly, the 8 EMA has just moved over the 21 EMA, plotting a bullish crossover. This crossover signal will remain valid until the price holds above the EMA supports.<\/p>\n\n\n\n Furthermore, the MACD bars are rising, indicating a bullish momentum is getting stronger. Also, the MACD value rises above the signal line, which signals an uptrend ahead.<\/p>\n\n\n\n Technically, Polkadot will remain bullish until the price holds above the 21 EMA. Besides, we may see DOTUSD retests and breaks the immediate resistance at $5.0730 to continue with the current upside rally targeting $6.0230.<\/p>\n\n\n\n This is not investment advice or financial advice, and any investment decision must be taken with precaution.<\/p>\n","post_title":"$DOT To Retest Key Resistance At $5.0730 With A Strong Bullish Momentum \u2013 Polkadot Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"dot-to-retest-key-resistance-at-5-0730-with-a-strong-bullish-momentum-polkadot-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 17:42:05","post_modified_gmt":"2023-04-10 07:42:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9299","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Polkadot has returned near $5.0730 and may retest the resistance as the price shows more strength within the current bullish momentum.<\/p>\n\n\n\n According to the daily chart, DOTUSD started the new year 2023 with a steady uptrend following the rejection at support near $4.2418. The price now holds above the dynamic resistances (8 & 21 EMAs), showing a better bullish strength.<\/p>\n\n\n\n