CandleFocus Polkadot (DOT) Surges 9%, Holding Steady Above $4.50
2024-09-16
Author: Content Editor
Polkadot (DOT) has experienced a recent rebound after struggling to maintain its $4.50 support. The token has surged by 9% over the past week, currently trading at $4.53. Despite previous volatility, this strong performance suggests a potential upward trend. DOT's price fluctuated between $4 and $5, briefly falling below $4 and hitting a low of $3.82 before climbing above $5. However, it staged a strong recovery, gaining positive momentum and ending the previous week at $4.16. Buyers pushed the token above resistance levels, and if they maintain control, DOT might reach $5. While it remains uncertain if the upward trend will continue, DOT is currently in a strong phase.
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