Polkadot (DOT)

Although Polkadot (DOT) has seen a notable bounce from the $5.3 support, buyers haven’t really followed suit lately. However, the cryptocurrency ended the week up 9%, a welcome change from the past period.

As of now, the price of Polkadot is fluctuating between key levels, with the main resistance at $6.7. This level has not really been challenged to date, but we would expect buyers to try to break above it in the near future.

Looking ahead, Polkadot appears to have ended its downtrend and entered a relatively stable range. Therefore, the current market bias is neutral.

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