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Polkadot Nears $1.19-$1.20 Moving-Average Cluster in Technical Setup

Polkadot Nears $1.19-$1.20 Moving-Average Cluster in Technical Setup

Photo: TokenPost

Polkadot (DOT) is near a short-term moving-average cluster between $1.19 and $1.20, placing that range at the center of the token’s current technical setup. The seven-day simple moving average is $1.19. The 20-day simple moving average and the 12-day exponential moving average are both $1.20. Momentum readings are mixed. The MACD line and signal line each measure 0.0328, leaving the histogram at 0.0000. The flat histogram indicates stalled momentum but does not confirm a new downtrend. The 14-period relative strength index is 53.90. The stochastic oscillator shows %K at 68.99 and %D at 55.19.

Source: TokenPost

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