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.
- Content Editor ( coinedition.com )
- 2024-11-18
Polkadot (DOT) and ORDI Breakout: 100%+ Price Surge Ahead?