While the overall crypto market surged marginally, Polkadot hit its ATH after following a bullish price action for the past three months. However, near-term technicals for the alt flashed mixed signals.
While Avalanche displayed continued bullish tendencies over time, Shiba Inu technicals preferred the sellers in the near term.
TradingView, DOT/USDT
After a sustained rally of over three months, DOT finally touched its ATH on 2 November at $53.35 ahead of its parachain launch. Since 20 July, the eighth-biggest crypto undertook a bullish price action by oscillating in an ascending wedge pattern.
As a result, the alt registered a staggering 169.41% 3-month ROI. After breaching its immediate support at $44.87, DOT bulls pushed and aimed to
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