✴️ Polkadot Next Target Can Be Above $8 or $18?We just experience the last and final shakeout... What an amazing market.
The SEC felt very annoyed seeing that Bitcoin and the Cryptocurrency market is growing and sent out a negative message concerning the Bitcoin Spot ETF, obviously, with the intention to harm the market, common people, entrepreneurs and traders, and everybody involved in the Crypto space, why?
It is very likely that Polkadot just experienced the last shakeout, the same is true for the entire market.
We've been hearing, seeing, feeling, sensing, going through strong negative news for more than a year yet the recovery continues.
Today a retest of EMA10/21 took place and now prices are above EMA50 ($5.10).
If DOUSDT can close above EMA50, the bullish bias is re-confirmed or strengthened.
Since we are entering the weekend with all green, we can expect things to flow and prices to grow.
The proof is in Bitcoin Cash, now also Litecoin, Compound and all the rest; It used to be only one Altcoin moving forward, now many are moving ahead.
This will continue to evolve, until a full blown bullish wave is upon us.
It can last 3 weeks all the way to 3 months.
Polkadot can easily hit $8.65 as a higher high or maybe even more.
This is just a conservative target... It can go as far as $18, but this analysis is short-term so let's not go there.
Namaste.
