CandleFocus Polkadot (DOT) and ORDI Breakout: 100%+ Price Surge Ahead?
2024-11-18
Author: Content Editor
According to technical analysis by Captain Faibik, both Polkadot (DOT) and ORDI show bullish potential. Both tokens have broken out from descending channels, indicating possible trend reversals. Polkadot has seen a positive shift after breaking out from a descending channel and is testing the $6.10 resistance level. Projections indicate a potential target of $8.80 to $9.00, with a possible upside of 103.83%. ORDI is also following a similar trend, breaking out from a descending channel and aiming for its immediate resistance near $41.50 to $44.00. A decisive break above this zone could lead to a target of $100.00, offering a 165.18% potential upside. However, readers are advised to exercise caution and this information should not be considered as financial advice.
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