25-01-2023 06:36 via newsbtc.com

DOT Price (Polkadot) Indicators Suggest Strong Case For Fresh Rally

Polkadot’s DOT started a fresh increase from the $5.60 support against the US Dollar. It correcting gains, but indicators suggest high chances of a fresh increase.DOT is holding the ground above the $6.00 and $5.80 levels against the US dollar.
The price is trading nicely above the $6.00 support and the 100 simple moving average (4-hours).
There is a major bullish trend line forming with support near $6.05 on the 4-hours chart of the DOT/USD pair (data source from Kraken).
The pair could s
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