20.09.202407:09 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Polkadot Cryptocurrency, Friday September 20, 2024.

On the 30-minute chart of the Polkadot cryptocurrency, there appears to be a deviation between the Polkadot price movement and the Stochastic Oscillator indicator where Polkadot forms a Lower Through but on the contrary the Stochastic Oscillator indicator forms a Higher Through so that based on this fact in the near future Polkadot has the potential to strengthen upwards especially coupled with confirmation from the EMA 21 position which is above the EMA 34 and the Polkadot price movement itself has also started trying to breaks above the two EMAs so that in the near future as long as Polkadot is not corrected to breaks below the 4.1742 level, Polkadot will have the opportunity to appreciate and strengthen to the 4.3403 level and if this level is successfully broken, especially with the support of strong momentum and volatility, Polkadot will continue to strengthen to the 4.5492 level.

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