Main Quotes Calendar Forum
flag

FX.co ★ Technical Analysis of Intraday Price Movement of Polkadot Cryptocurrency, Friday February 14, 2025.

parent
Crypto Analysis:::2025-02-14T05:05:05

Technical Analysis of Intraday Price Movement of Polkadot Cryptocurrency, Friday February 14, 2025.

Technical Analysis of Intraday Price Movement of Polkadot Cryptocurrency, Friday February 14, 2025.

With the price movement of Polkadot which is above EMA (21) which also has a slope that is sloping upwards, it provides us with information that currently Buyers are trying to move this cryptocurrency to rise upwards where the level of 5.3210 will be tested if it is successfully broken and Polkadot successfully closes above it, then Polkadot has the opportunity to continue its strengthening to the level of 5.8373 and if the volatility and momentum of its strengthening support it, then 6.4280 will be the next target, but please also note that the appearance of divergence between price movements and the Stochastic Oscillator indicator also gives an indication that in the near future there is a potential for a weakening correction, but as long as the correction does not broken and close below the level of 4,3994, it means that the strengthening in Polkadot will continue.

(Disclaimer)

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...