$DOT Polkadot Price Prediction - Price Has Bottomed!

In our last Polkadot price prediction , we wrote that the price could fall to around $10 in the next few weeks. We continue to regard this goal as realistic. But in the short term, the course could go in the other direction. But what are the goals of the Polkadot course? Will we see a 30% increase in the near future? We'll enlighten you!

Polkadot price has formed a sideways phase between $19 and $17.225. There, the course has calmed down somewhat from the last crash. Last night on rising volumes, the price managed to break the $19 resistance. Since the volume is quite high on the breakout, we expect a confirmed breakout. In the last 4-hour candle, we already tested the former resistance $19 as support. As a result, we expect prices to rise in the short term, over the next few days.

The next resistance from the Polkadot price is around $24. This was a support as well as the neckline of the shoulder-head-shoulders formation. If you want to know what a shoulder-head-shoulders formation is, click here. With $24 being the next resistance, we expect the price to target that level next. After that, however, it could go down again. The test of resistance would mean a retest of the neckline. Thus, we would confirm the break out of the head and shoulders formation. After the price tests the resistance, we again expect a polkadot price between $15 and $17.

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