Following recent price recovery across the crypto space, Polkadot DOT increased by 8% in three weeks but appeared to be struggling with volatility. However, it remains strong on a weekly scale and looks set to claim more highs.
Most altcoins have stayed in the shadow of Bitcoin’s bounce lately as they find it difficult to recover well over the past few days.
DOT has struggled with volatility since it bounced off the $6 level in late January. Although, things are still looking good as buying volume slowly increases. The bulls appeared to be stepping back in the market.
However, some important resistance levels must be reclaimed for the buying to resume at full speed. The latest build-up suggests that a surge in volatility is around the corner. Positive actions should be expected.
Currently, DOT is plotting a fresh bullish pattern from a short-term perspective. If the bulls continue to gain control daily, we can expect a new…
