Polkadot (DOT) Seen Reversing Losses With 116% Rally To $10 – Analyst

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Polkadot (DOT) Seen Reversing Losses With 116% Rally To $10 – Analyst - NewsBTC

Quick Summary:

Related Reading: Solana Rockets Up 23% As Developments Spark Investor Interest Something is literally now hyping in the air, particularly after the analysis of the popular crypto analyst known as “Zayk Charts.” The analyst observed a falling wedge pattern on the 2-day chart for DOT/USDT, and it could truly be a game-changer.$DOT Falling Wedge Formation in 2D Timeframe✅ Incase of Breakout,Next Target wil be $10📈#DOT #DOTUSDT #Polkadot #Crypto pic.twitter.com/xgqyjAN4ul — ZAYK Charts (@ZAYKCharts) August 11, 2024 This is usually a bullish sign and gets more than 70% ripeness for triggering a trend reversal of the negative variety.

Related Reading: Fantom (FTM) Poised For Massive Bull Run, Analyst’s 234% Rally Prediction Raises Eyebrows Price Forecast And Investor Outlook On a broader perspective, DOT still hovers with very positive sentiments.

The falling wedge pattern is very important, and Zayk Charts marks it accordingly.