Friday, June 13, 2025
  • About us
  • Economic Calendar
  • Price Predictions
  • Coins Alerts
  • Crypto Portfolio Tracker
  • Exclusively from Our Partners
Cryptheory
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
Cryptheory
No Result
View All Result

Polkadot Analysis – Price shapes potential reverse pattern

by Margharet Tess
April 5, 2025
in Analysis
Reading Time: 3 mins read

Polkadot, like many highcap altcoins, is found in sideway movement. Although it has managed to create a rising minimum, the growing trend and reverse pattern is still not definitively confirmed. In the short term, the price needs to exceed the last maximum in order for us to talk about growing trend.

The price shapes potential 123 bottom formation pattern which will enter into force when the price is exceeded $ 32.80 in point 2. In this scenario, we could talk about a confirmed growing trend. However, it has not yet been confirmed and the price continues as most of the market moves sideways.

Polkadot creates a reverse patternPolkadot creates a reverse pattern. Source: TradingView

Polkadot creates a reverse pattern

We see that price, on the other hand, must also maintain point 3 if we want to think about this formula. That means he can’t fall under $ 26.00. Both are open scenario and currently the price does not indicate the end of the sideway movement. Another support is the level in point 1 at about $ 23.50.

The current sideway movement can be final for correction, but there is also a final fall in the game. It was similar at the turn of May and June 2021, when the price fell for the last time from a relatively long sideway movement and only then found a bottom. However, if the price exceeds point 2, this scenario will not be repeated.

  • Author
  • Recent Posts
Margharet Tess
Margharet Tess
Editor, Developer at Cryptheory Labs
I have been active in the cryptocurrency world for over 6 years, during which I have written countless articles about this sector. What fascinates me most about cryptocurrencies is their technological aspect and the problems they aim to solve. In the past three years, I have ventured into app development and am currently working on a larger project called P2E Buzzer. Stay tuned for the surprise. 🙂 My previous experiences: Business2Community.com, TradingPlatforms.com
Margharet Tess
Latest posts by Margharet Tess (see all)
  • How to Trade Meme Coins in 2025: A No-BS Guide for Degens and Smart Investors Alike - June 9, 2025
  • Who Really Makes Bank on Memecoins – And Why It Ain’t You, You Beautiful Degenerate - June 4, 2025
  • Trading Signals for May 13, 2025: Altcoins in the Spotlight - May 13, 2025
Tags: DOT
Previous Post

Technical analysis of BTC – the risk of a bearish trend has increased

Next Post

New year, new rules? This is what the crypto space expects – regulatory overview

Related Posts

Solana On-Chain Frenzy: New Addresses, Spikes, and Degens Running Wild
Analysis

Solana On-Chain Frenzy: New Addresses, Spikes, and Degens Running Wild

June 12, 2025
Analysis & Trading Tips June 10, 2025: Dogecoin Is Barking Again
Analysis

Analysis & Trading Tips June 10, 2025: Dogecoin Is Barking Again

June 10, 2025
Bitcoin Price Analysis & Trading Tips – June 9, 2025
Trading

Bitcoin Price Analysis & Trading Tips – June 9, 2025

June 9, 2025
Dogecoin's Wild Ride: A Charts-and-Giggles Exposé on Who Really Got Rekt (It Was Probably You)
Analysis

Dogecoin’s Wild Ride: A Charts-and-Giggles Exposé on Who Really Got Rekt (It Was Probably You)

June 6, 2025
Ethereum is Waking Up: What On-Chain Data Really Says
Analysis

Ethereum is Waking Up: What On-Chain Data Really Says

May 14, 2025
Pudgy Penguins (PENGU) Price Analysis: The Pudgy Pump, The Chilly Dump, and What Comes Next
Analysis

Pudgy Penguins (PENGU) Price Analysis: The Pudgy Pump, The Chilly Dump, and What Comes Next

April 30, 2025
FLOKI Price Analysis: Is This Pump for Real or Just Another Meme-Fueled Tease?
Analysis

FLOKI Price Analysis: Is This Pump for Real or Just Another Meme-Fueled Tease?

April 28, 2025
BCH, bitcoin cash
Analysis

Bitcoin Cash on the Edge: Will BCH Pump or Just Take a Dump?

April 24, 2025
Litecoin Price Analysis: Will LTC Pump or Just Play With Our Emotions Again?
Analysis

Litecoin Price Analysis: Will LTC Pump or Just Play With Our Emotions Again?

April 22, 2025
Please login to join discussion
Track all markets on TradingView
Score: 0
Game Over

Popular

Stablecoin Scrutiny: From Tether’s Launch to MiCA’s Dawn, Regulators Are Watching

Stablecoin Scrutiny: From Tether’s Launch to MiCA’s Dawn, Regulators Are Watching

June 12, 2025
Bitcoin Price Analysis & Trading Tips – June 9, 2025

Bitcoin Price Analysis & Trading Tips – June 9, 2025

June 9, 2025
Trading tips for May 14, 2025

Trading tips for May 14, 2025

May 14, 2025
The Hottest Female Characters in PC Games: A Deep Dive into Digital Desirability

The Hottest Female Characters in PC Games: A Deep Dive into Digital Desirability

June 5, 2025
How to Trade Meme Coins in 2025: A No-BS Guide for Degens and Smart Investors Alike

How to Trade Meme Coins in 2025: A No-BS Guide for Degens and Smart Investors Alike

June 9, 2025
Spot Market Flexes and Derivatives Cry in the Corner: How Does It Look On-Chain?

Spot Market Flexes and Derivatives Cry in the Corner: How Does It Look On-Chain?

May 15, 2025
SOL's Big F***ing Breakout: Why Solana's About to Send You to the Moon

SOL’s Big F***ing Breakout: Why Solana’s About to Send You to the Moon

June 10, 2025
Let’s Be Honest: Most Crypto Projects Are Just Bullshit Wrapped in a Sexy Website

Let’s Be Honest: Most Crypto Projects Are Just Bullshit Wrapped in a Sexy Website

May 15, 2025
Staking: Is it Just a Fancy Ponzi Scheme? Let's Get Real.

Staking: Is it Just a Fancy Ponzi Scheme? Let’s Get Real.

June 11, 2025
Ethereum Is Just a Pricier Solana – Let the Maxis Rage All They Want

Ethereum Is Just a Pricier Solana – Let the Maxis Rage All They Want

May 14, 2025

⭐ What Type of Crypto Investor Are You? (v2)

1. How do you DYOR (Do Your Own Research)?

2. Your first reaction to a 10x pump?

3. What’s your opinion on memecoins?

4. Where do you stake your crypto?

5. What’s your exit strategy?

6. How do you pick your next investment?

7. Favorite kind of airdrop?

8. What’s your approach to NFTs?

9. How do you store your crypto?

10. What's your long-term crypto goal?

Crypto News

Bitcoin

Ethereum

Altcoins

Cryptocurrency

Platforms for Copy Trading

Platforms for Grid Trading

Glossary of trading and crypto terms

Crypto Portfolio Tracker

 

Cryptheory Labs Projects

Guest Post for Free

On our website, you can share your opinions and insights. This feature is reserved for non-promotional articles. We are already working on a system for donations and rewarding every author.

This website is here for those of you who want to be at the forefront of innovation and new technologies like Bitcoin. But first, we need to tackle the challenges and survive in the unforgiving world of crypto assets. THIS IS CRYPTHEORY!

Follow Us

  • Terms Of Use
  • Privacy Policy
  • About us
  • Contact us

© 2024 Cryptheory - F**k the forex, we want gains!

Shiba Inu loading
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions

© 2024 Cryptheory - F**k the forex, we want gains!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.