This is just simply my technical analysis. I cannot predict the price action. I can tell that the new auctions coming soon should pump the price despite I think we are still bearish. Who knows, just a thought. I see head and shoulders development. However, I expect a bounce to $40 range.
Also, I like to get in when the RSI is low.
Also, I like to get in when the RSI is low.
Commentaire:
We are down a lot but we are currently at a very strong support. It will be fun to see how it will unravel with December 17, 2021 coming up.
The reason I think we might go up sooner or later is Polkadot has been going down compared to other major alts.
Expect a bounce soon when the new auctions are released.