Polkadot has recently experienced increased buying activity near the $5.5 crucial support region, leading to a notable surge and breaking above the previously breached multi-month triangle’s lower boundary. This price movement indicates a false breakout and suggests a potential period of bullish retracements. Technical Analysis By Shayan The Daily Chart A detailed analysis of Polkadot’s […]
Polkadot’s recent price action has been characterized by subdued movement and minimal volatility following a swift decline toward the $6 level. However, the cryptocurrency finds itself at a crucial juncture, with a potential breakout poised to determine its next direction. Polkadot Price Analysis: Technicals By Shayan The Daily Chart A thorough analysis of the daily […]
Polkadot appears to be bustling with activity, which is evident from the record-breaking number of active addresses on the blockchain and other metrics that depicted a bullish case. According to the latest stats by ‘Parity Data,’ Polkadot accumulated over 605,200 active addresses. Nearly half of them, around 248,000 out of 605,000, are associated with Moonbeam, […]