Polkadit and link are preparing to continue aggressive growth

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Avatar for Masookhm
2 years ago

Can many crypto projects increase the price by 300% during the last month? The question is rhetoric and today we will talk about one of these projects. The polkadot project (dot) is known as both in the place of defi and in the crypto world.

Of course, before victorious growth, the chart shows a long durability. Only 4 months after getting the position, the buyers were able to start the real bull run by breaking the critical threshold of $5.7-6. At the moment, we are seeing that yesterday's BTC price drop did not affect the dot market. The buyers have set above the $15 mark and are ready to continue their aggressive growth.

As a result of 3,502, 808,886 getting the seventh spot in terms of daily trade volume in all crypto plans, the duty-market will fall sharply even if the BTC correction continues. The $10.5 dollar replacement scenario is only possible with a stronger and faster correction of BTC of 26,200. The gesture of this scenario will break the $15 mark.

Although, not only dot has shown itself well in the cryptocurrency market. A few days ago we wrote about the link, which finally came out of hibernation. The buyer was able to maintain the critical range of $16.4-17.4, which we tested in the previous article.

The power of buyers is clearly visible on the link chart. After a drastic drop in prices in the last two days, the buyers were able to recover the lost positions and update the local high. Above 24 on daily time frame

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