Polkadot

FLOKI

<ul><li>Polkadot (DOT) eyes $9.20 once breaking above the $6.50 resistance in the descending channel.</li><li>Floki (FLOKI) targets $0.0002600 on a breakout above $0.0001600 resistance.</li><li>Both show potential for bullish reversals amid their descending channel patterns.</li></ul><a href="https://cryptotale.org/polkadot-dot-emerges-as-an-undervalued-blockchain-powerhouse-says-analyst/" rel="noopener noreferrer nofollow">Polkadot</a> (DOT) and Floki (FLOKI), two prominent cryptocurrencies, are currently navigating distinct technical patterns amidst the volatile crypto market. Polkadot, trading at <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">$6.13</a> with a 24-hour volume of $149.78 million, reflects a cautious uptrend of 0.64%. Meanwhile, Floki, priced at $0.000150 with a notable trading volume of $174.03 million, has seen a modest rise of 2.37% over the same period.As highlighted by <a href="https://x.com/ZAYKCharts/status/1810908761332273580" rel="noopener noreferrer nofollow">ZAYK Charts</a>, an analyst, Polkadot (DOT), has been navigating a descending channel pattern over a 12-hour period, characterized by lower highs and lows since mid-February. Recent price actions around key support levels, particularly the lower trendline at $5.00, suggest resilience despite bearish pressures.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdO8j2NfFj8-wC8s7DhfTfhq0MxcSVBQsit06Oj7ISbB0sNZs1ru-PHKqDRNjCmqp4Iz4Wn2rhMXAgsQEv8_Ad8dxI5U4lXOO485-XVNfNNFjWKJi90RTZ6ZzprOUaLYIkIXCsi3gEHDeTxbTDXVHw9Nbki?key&#61;7hWcUOrcsPcCHSMVKyG3Bg" />As DOT approaches the $6.50 horizontal resistance, a breakthrough above this level could signify a potential bullish reversal. A decisive move above this resistance and the upper trendline of the descending channel might propel Polkadot towards the $9.20 mark, presenting a notable 47.01% upside from its current price.<a href="https://cryptotale.org/polkadot-dot-eyes-9-20-floki-floki-targets-64-93-surge-whats-next/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Polkadot (DOT) Eyes $9.20, Floki (FLOKI) Targets 64.93% Surge: What's Next?

CryptoTale

Other articles published on Jul 11, 2024

Shiba Inu Team Unveils Early Glimpse Of Upcoming ‘SHIB Marketplace’

iGaming Platform BC.GAME Signs $40 Million Deal to Become Principal Partner of Leicester City

BlockDAG’s July 29 Reveal: Unveiling the CEO & AMA with a 40% Price Boost! Glancing Futures for A...

Cryptocurrency Market Surges Globally

New Solana Memecoin Trump the Felon (TRUMPFEL) Rallies Over 13,000% and Will Surge 18,000% Before...

Schiff: Bitcoin Is a Fraud

Join our free newsletter for daily crypto updates!