Polkadot rise strongly in the charts and a drop to $ 10.5 would have been a good buying opportunity. Crypto.com Coin has had a fluctuating course over the past few days, but as its trajectory is heading upwards, the Cosmos climbed above $ 6 to turn the $ 6.3 level into support.



Polkadot (DOT)

Polkadot reached its all-time high of $ 11.7 a few hours ago. OBV showed that buying volume continues to increase, with DOT just above the 27% extension level of $ 11.6 and rising from $ 4.58 to $ 9.51.

In case of a decrease to 10.5 USD, 9.5 USD and 9 USD levels, DOT can be expected to provide significant support to the price. However, the strong upward momentum showed that DOT increased further.

Over the next few days, a pullback can be seen in DOT, with strong gains posted for a retest of the $ 10.5 zone to confirm that the support level is possible, but BTC recently rolled back to $ 40k. This will provide a good opportunity to buy the digital asset.

On the other hand, Plasm Network announced that Polkadot has successfully connected locally to testnet Rococo V1.


Crypto.com Coin (CRO)

Crypto.com Coin has been pretty volatile in the past few days. However, it has now been steadily appreciating for about three weeks and the downtrend has ended since September.

See Also
What is Polkadot? Updated DOT guide to 2021 in full detail

The MACD formed a bullish trend to produce a weak buy signal, but the momentum indicator was still below the zero line.

The next resistance level is $ 0.076.


Cosmos (ATOM)

ATOM dropped below the ascending channel and moved above $ 6 to both the horizontal levels and the lower bound of the channel.

At the time of writing, the RSI climbed above the neutral 50 to indicate that momentum was shifting towards the bulls, as it crossed the $ 6.3 and returned to the channel.

This means that ATOM can expect to rise in the coming days, and the zone offering resistance to ATOM will likely be $ 7-7.2.

However, the Stochastic RSI was in the oversold zone, which increases the likelihood that ATOM will drop slightly below $ 6.3. In this case, $ 6 could be the opportunity for a long position with ATOM.


Please enter your comment!
Please enter your name here