Disclaimer: The findings of the following analysis are the sole opinions of the writer and shouldn’t be considered investment advicePolkadot [DOT] has steadily descended over the last few months.
During this phase, the six-week trendline resistance (white, dashed) has curbed recent bullish revival attempts. The buyers defended the $6.5-support for over 17 months while the sellers kept finding fresher lows.The recent rebound did help the alt break out of its falling-wedge-like structure.
Read more on ambcrypto.com