DOT Price Can Respond Positively In Upcoming Trading Days

The weekly technical chart of Polkadot highlights a consolidated move. In the daily time frame, DOT price is moving in bullish momentum. It is trading above 50 and 100 Moving Average. The 50MA(RED) line is at the level of $30.41, making it temporary support for the price. On to the shorter time frame of the 4-hour chart, the coin has formed an accumulation zone. If the price makes a jump of 10% above the accumulation zone, then a rise up to $50 can be seen.

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