Today, the DOT coin experienced volatile price movement, recording around $3.93 after ranging between $3.84 and $4.10 during the day. The slight decline today of 3.67% reflects some short-term selling pressure but does not indicate a strong downward trend yet.
Support and resistance levels:
The key support level is at $3.84–$3.86, and breaking it could weaken the upward momentum.
The nearest resistance level is between $4.15 and $4.20, and breaking it could open the way towards higher targets.
Technical indicators:
The 50-day moving average at $3.87 gives moderate buy signals.
RSI at 50.5 indicates a market state balanced between buying and selling.
MACD shows weak sell signals, indicating that the market is in a relatively balanced phase.
Short-term forecasts suggest the price could reach $4.30 if buyers manage to break through resistance; medium-term the price may range between $4.30 and $4.67 with a chance of reaching $5.50–$6.50 if upward momentum increases; long-term optimistic forecasts could see the coin reach $13.90 if significant breakouts occur and the network supports positive developments.
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