Source of BOSS Wallet data, today's price of Polkadot DOT, the latest price of DOT Polkadot broke through to $5.187, an increase of 2.01%, and the transaction volume was $446 million
According to the analysis of the K-line chart, the current trend is oscillating. Compared with 21:00, it fell sharply and rebounded compared with 15:00. When the price and trading volume rise synchronously, it usually means that the market has strong buying support.
Buyers are actively trading at higher price levels, showing optimistic market sentiment and strong bullish sentiment. In this case, prices are likely to continue to rise in the future as market momentum is strong and buying continues to increase.
Investors should pay close attention to the breakthrough of key resistance levels. If the price can continue to break through and stabilize at a higher level, it will indicate the continuation of the upward trend. The market momentum is strong and trading is active. The Williams indicator points out that it is now overbought.
Trading volume has increased recently, with more trading volume than in previous hours, and both price and volume rising at the same time: trading is active and the upward momentum is strong.
The market trend is strong, it is recommended to continue holding, pay close attention to the breakthrough of resistance levels, operate cautiously and set stop-loss points.
The above content is for reference only and does not constitute investment advice.