tcr_thecoinrepublic

Bulls and bears are resting on polkadot price

KRAKEN:DOTUSD   Polkadot
Polkadot weekly technical chart highlights that "Bulls and bears are resting " in today's trading session. Its current price is $36.35, with a resistance of $40 and support at $25. The price is above 50 and above 100 days Simple Moving Average (SMA). The 50-MA green line is at $28.02, making temporary support. The coin price has made a bearish engulfing pattern, so a further downward movement can be seen in the upcoming days.The coin price has formed a rounding bottom pattern.If the pair goes above the pattern than their would be a surge in price upto $50

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