Polkadot ‘cup and handle’ setup sees DOT price 50% higher by September
DOT could witness an increase in demand after Polkadot's launch of an intercommunication blockchain tool.
Auto Added by WPeMatico
DOT could witness an increase in demand after Polkadot's launch of an intercommunication blockchain tool.
But the token still risks falling by more than 30% based on a classic bearish continuation setup.
The bullish outlook appears as Polkadot prepares to auction highly anticipated parachain slots on its network.
Steady development and strong fundamentals suggest that DOT's rally toward a new all-time high is in the making.
Signs of strength slip into Bitcoin markets but altcoins are proving more interesting as the weekend draws to a close.