If we look at the price movement of the Polkadot cryptocurrency on the 4-hour chart, it appears to be moving above the Moving Average, which confirms that in the near future Polkadot will test a level above its current price, namely the 6.4184 level. If this level is successfully broken above, Polkadot will continue. the upward movement up to the 6.6800 level but if on the way to these target levels suddenly the Polka-dots reverse corrected downwards to break below the 5.8769 level then the upward movement scenario described earlier will cancel itself.
Relevance up to 03:00 2023-01-28 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
