In the next week(13 Sep - 19 Sep) I expect to see dead cat bounce and the price to go to around $40.
Between 20 Sep till, at most, the beginning of October we will see the bottom of this deep. The target price for this deep is around $25. I do not believe that we will see a low 20s price.
After that, the price will start going up. In early or mid-November DOT will reach new ATH. Once we pass the resistance level at $49 it will go into the price discovery range. I, personally, expect at least a 20% increase of the ATH.
To summarise: Expected lowest price - $25 Expected ATH record - $59.22
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.