Reported 2 days ago
Polkadot's DOT saw a drop of up to 5% following a failed attempt to break out past a significant resistance, triggering selling activity. After reaching a peak of $3.787, DOT's price fell to around $3.63, finding support at $3.59. Despite this recent volatility, technical analysis suggests the formation of a potential double bottom pattern, indicating that if the support level holds above $3.62, there could be further upward movement ahead.
Source: YAHOO