[ad_1]
BTC has dropped below $98,000 as it approaches daily closing, pulling back from near $99,500. During the holiday week, many analysts anticipated reduced volatility and demand. However, the unpredictable nature of cryptocurrencies may lead to increased volatility in recent days. What predictions are there for DOT, FTM, AMB, and AAVE Coins?
DOT Coin Predictions
Crypto analyst Carl released a chart today showing the target for Polkadot (DOT) Coin. The analyst believes the price is currently at a crucial breakout level, explaining the medium-term cycle target.
“DOT could break out of this descending wedge at any moment! The upward target is $11.30.”
The pullback in BTC prices could hinder breakout hopes from this descending wedge. However, the daily close has not yet occurred, and if demand revives in early Asian markets, circumstances could change.
In the case of a potential quick drop, maintaining support at $6 could pave the way for a delayed breakout.
[ad_2]
