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Polkadot price forecast - coin awakens from the dead (+ 50%?)



 In our last Polkadot price forecast , we wrote that the price is in a trading range. This consisted of the resistance at $ 55.09 and the support at $ 42.50. We wrote that if the price breaks the $ 42.50, the price will either rise to $ 100 or we will see a bearish scenario. We assumed a bullish scenario, but the price broke the support at $ 42.50 and then developed/continued the bear trend. But how could things go on after the price has fallen by around 50%? Could we go up 50% now? We'll tell you about the Polkadot Course today!

The Polkadot course was able to correct during the correction up to the GoldenPocket. However, the price slipped below the GoldenPocket for a short time and below the support of approximately $ 26.18. Now the Polkadot price is again above the support and above the GoldenPocket, which is bullish. As long as we hold this level ($ 26.18), we are not assuming lower prices, which is why we have a good investment opportunity right now.

The Polkadot price recently broke the trend line that caused prices to fall. As soon as such a trend line is broken, there is usually a trend reversal, which is why we now assume rising prices. The Polkadot price could now start an uptrend up to the GoldenPocket of the last downward movement. This GoldenPocket, as well as a horizontal resistor, is around $ 42.50.

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