DOT/USD bounces upwards from support

Not long after the DOT/USD price action broke through the $7 price level, the Bears very quickly withdrew their collected gains. At the moment, it looks like a good deal of buying has started in this market. Therefore, this requires a closer look at the price action in detail.

Polkadot predictive stats:
DOT Price: $6.07
Polkadot market cap: $6.68 billion
DOT Circulating Supply: 1.13 billion
Total supply of polkadots: 1.25 billion
DOT Coinmarketcap Ranking: 11th

Main marks:
Resistance Marks: $6.07, $6.27, $6.50
Support Marks: $5.83, $5.63, $5.43

Polkadot Price Prediction for Today, November 11, 2022: DOT/USD Experiences Strong Buying

It’s easy to see that the DOT/USD daily market for price action is experiencing massive and instant buying. We can see this by the size of the last candle on this chart when it goes bullish. While this may appear to be an interesting large scale, another metric applied does not seem to reflect the significant influence of buyers. Nonetheless, this could mark the beginning of a significant uptick in this market. However, the Stochastic RSI has not reflected an increase in upward momentum, so traders should wait for confirmation from this indicator. This can be done by placing a pending buy order around $6.40 or $6.50 to catch the uptrend.

Polkadot Price Prediction for Today Nov 11, 2022: DOT/BTC Tests Strong Resistance

Moving on to the DOT/BTC market, we can see that price action here is already testing resistance. This resistance looks strong as it has been tested several times without breaking. Nonetheless, it is important to note that the RSI curve is currently in overbought territory, but its direction now seems to indicate a price drop. At this point, the 61.80 Fibonacci level is well seems to be maintained in As a result, this puts traders in a dangerous situation. If the resistance finally breaks upwards, the price can move above $0.0003600.

Impact Tokens that create lucrative opportunities for the masses

The IMPT token pre-sale is getting hotter and hotter, with more investors continuing to buy. At this point, the Impact token pre-sale has collected approximately $13 million. More funds will be collected as the presale continues.

More Buyers Attracted to Dash 2 Trade Tokens

The D2T token gives its holders the opportunity to invest early in promising projects. Also, an ongoing presale program conducted for this token has raised over $6 million, with more being raised as the presale continues.

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