DOT - BIG PUMP
Dear My friends,
I may have overlooked DOT. Watching BTC's strong growth in recent days, alongside the major coins soaring, I’m reminded of XRP from my previous analysis—it has broken out and is on the rise. As I continued to evaluate other coins, I noticed DOT in comparison to BTC. I discovered a divergence between the price and the RSI indicator on the weekly chart. I’m not sure what news may come for DOT in the near future, but from a technical analysis perspective, I have no doubts and forecast that DOT will likely surge strongly in the days ahead. Based on its correlation with BTC, I believe DOT’s price could increase by at least 3 to 8 times in the near future. This is not financial advice, but it is my personal conviction in DOT’s recovery, and I wanted to share it with you all.
Best Regards,
I may have overlooked DOT. Watching BTC's strong growth in recent days, alongside the major coins soaring, I’m reminded of XRP from my previous analysis—it has broken out and is on the rise. As I continued to evaluate other coins, I noticed DOT in comparison to BTC. I discovered a divergence between the price and the RSI indicator on the weekly chart. I’m not sure what news may come for DOT in the near future, but from a technical analysis perspective, I have no doubts and forecast that DOT will likely surge strongly in the days ahead. Based on its correlation with BTC, I believe DOT’s price could increase by at least 3 to 8 times in the near future. This is not financial advice, but it is my personal conviction in DOT’s recovery, and I wanted to share it with you all.
Best Regards,
Transaction en cours
Turn on the Ichimoku indicator on the weekly chart—what do you see? Has the price completely broken out of the cloud? Is the closing candle a solid Pinbar standing above the cloud? Is there no resistance left ahead of DOT? Have all previous resistances turned into support? Are we entering the cloud twist, where the price could skyrocket at any moment?
DOT boasts a strong ecosystem, and its upcoming upgrades in Q1 2025 will make it even safer and more developer-friendly. You could say the current price rally of DOT is just like one bulb lighting up on a string of lights. Imagine the other bulbs lighting up one by one—what will we witness then? Truly something to look forward to.
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