The Polkadot Project has announced a launch date for the first auctions of its "parachains". Following the announcement, the price of its native cryptocurrency POLKADOT jumped, exceeding $50 for the first time.
เริ่มเทรดทันทีวันนี้ หรือ ลองใช้บัญชีทดลองแบบไร้ความเสี่ยง
เปิดบัญชี ลองบัญชีเดโม่ ดาวน์โหลดแอปมือถือ ดาวน์โหลดแอปมือถือPOLKADOT briefly overtook Ripple as the most capitalized cryptocurrency, before falling back slightly. It ranks 8th today, just ahead of altcoins-memes Shiba Inu and DOGECOIN. POLKADOT's capitalization now exceeds $50 billion. Source : coinmarketcap
D1 interval :
In daily data, the bullish outlook was confirmed when prices crossed the $38.50 area corresponding to the local B peak. According to Goishi Hosoda's price projection, prices could continue to rise to $66.27 to complete the wave at A, B, C, D. The Fibonacci retracement of 127.2% would be an intermediate target.
POLKADOT, D1 interval, Source : xStation5
H4 interval :
After a sharp decline in late October (first yellow circle), prices managed to come out of the cloud. This bullish signal (second yellow circle) led to a new ATH. This morning prices lost ground and fell back slightly below $50. If the support at $49 is broken, the decline could extend to the Kijun (blue line) at $46.50. On the other hand, if the bulls manage to keep the price above the $50 mark, the bullish momentum could be strengthened.
POLKADOT, H4 interval, Source : xStation5
Reda Aboutika, XTB France
