At press time, the Polkadiot price structure was bullish and has risen above the 20-day EMA, and approaching 50-day EMA to cut from below. The price has also been backed by bullish indicators, as the MACD shows a bullish cross and the RSI above the median line at 54.25.
Therefore, if the resurgence continues to push beyond the resistance, then the price could head towards the target level at $8.0, and $9.0 price mark. However, if the rally gets ahold and the seller's strength increases then it could shatter the nearest support level at $6.0, and breaking this could drag towards the $4.50 support level.
Therefore, if the resurgence continues to push beyond the resistance, then the price could head towards the target level at $8.0, and $9.0 price mark. However, if the rally gets ahold and the seller's strength increases then it could shatter the nearest support level at $6.0, and breaking this could drag towards the $4.50 support level.