Ah, behold! Polkadot’s price, like a fickle lover, teases us with whispers of rebellion against the cruel tyranny of $2.85. The bulls, ever hopeful, gather their forces-yet overhead, resistance looms like an overbearing mother-in-law. Will DOT break free, or shall it endure yet another humiliating rejection? Stay tuned, dear spectator!
DOT’s Downfall: A Tragedy in Five Acts (Or Just Exhaustion?)
Our esteemed friends at Elliott Waves Academy, those tireless interpreters of market melodrama, suggest that DOT’s recent descent may be nearing its final act. The downtrend, much like a bad actor’s soliloquy, appears to be running out of steam-at least for now. Could a short-term encore be in the cards?
Lo and behold! A diagonal pattern emerges, sketching the intricate dance of wave (1)/(A). Such formations, as any self-respecting analyst knows, often herald the end of a trend-much like the third-act twist in a Molière play.
Should DOT breach this diagonal’s upper boundary, the stage shall be set for a triumphant march toward $3.3423-$3.36538! But beware-should $2.2848 crumble beneath its feet, DOT may find itself dragged into yet another tragic sequel.
Polkadot: Trapped Beneath Resistance Like a Hero in a Comedy of Errors
Crypto_Jobs, that sage of X (formerly Twitter), declares Polkadot’s long-term chart as stagnant as a nobleman’s conversation at a dull soirée. Major resistance looms at $3.200 and $3.780-impenetrable barriers, like the gates of Versailles to a commoner.
For now, DOT meanders between $2.500 and $2.700, as indecisive as a courtier choosing between two equally dreadful wigs. Yet! A glimmer of hope-an inverse head and shoulders pattern forms, its neckline poised at $2.700-$3.00. A breakout here could spark a 5-10% surge-or, more likely, another cruel jest.
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2025-11-08 08:11