Va'aiga Tau o Polkadot Aso Nei, Oketopa 28, 2022: Ole DOT/USD Si'i I luga

Considerable upside volatility has set into DOT/USD market. In addition, price movement stays at advantage of further upside moves even with the appearance of selling pressure. Meanwhile, the DOT/BTC market portrays somewhat similar characteristics. Consequently, this demands closer examination, which will be done in this price prediction.

DOT Analysis Statistics Data:
Ole tau ole DOT ile taimi nei: $6.42
Polkadot market cap: $7.27 billion
DOT felauaiga sapalai: 1.13 piliona
The Total supply of Polkadot: is 1.25 billion
DOT Coinmarketcap ranking: #12

Tulaga Taua Tele:
Tulaga Maualuga: $6.500, $6.650, $6.800
Tulaga Fa'avae: $6.421, $6.400, $6.380

Polkadot Price Prediction Today, October 28, 2022: DOT/USD Showing Signs of Minimal Downside Reversal

Following a sudden spike in price in the LOTU / USD market, it appears that some selling activities have been triggered. Subsequently, this has caused minimal downside value retracement. However, the RSI maintains its upward bearing, which portrays a further upside price increase. Nevertheless, the price action is still some distance away from obtaining support at the 78.69 Fibonacci level. Summing up all market signs, one can expect further upwards price move as the Polkadot’s price may soon surpass the price level of $6.500.

Polkadot Price Prediction Today, October 28, 2022: DOT/BTC Retains Signs of Further Upward Move

DOT/BTC price action in its own case seems to have found a support at the 78.60 Fibonacci retracement level. Also, the SMA curve continues to touch the last inverted hammer price candle. At the same time, the Stochastic RSI lines continue their upside move and are now above the 50% level. Consequently, this is portraying that price is more likely to proceed in the upward path, as it may soon reach the 0.0003132 price level. By implication, traders can go long straight away or place a pending long other just above the SMA curve.

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