@BOMBERuss 20 April 2022 more from that month

The price of #Polkadot shows an uptrend, but the bulls must work together to gather their strength, as there are many obstacles on the way up. In addition to the overall bullish structure of the #DOT market, a powerful surge of buying pressure is needed. Currently, the price of Polkadot is stuck in the range between $ 15.83 and $ 23.15, which was formed on February 8 with a maximum fluctuation at $ 23.85. At the moment, the bulls have not been able to accumulate enough momentum to break out of the specified range. Since then, the price of Polkadot has fallen by 28% and dropped below the 50% recovery level to the current $19.03. Despite the fact that the markets are recovering, the price of Polkadot will not be easy in moving up. DOT needs to break through the threshold from $21.08 to $23.06, and then overcome the barrier of $ 24.18, then the uptrend will be confirmed. The removal of these obstacles will open the way for the DOT to overcome the $30.50 barrier, which reflects a 65% rise compared to the current position. On the other hand, if the price of Polkadot fails to rise, a pullback could send it to the low of the range at $15.83. A rebound from this barrier may provide buyers with another chance to restore the DOT.