FX.co ★ Technical Analysis of Intraday Price Movement of Polkadot Cryptocurrency, Friday February 28, 2025.

If we look at the 4-hour chart of the Polkadot cryptocurrency, it appears that its price movement is moving in a channel that has a decreasing slope and the Stochastic Oscillator indicator forms a Divergence with its price movement, so that in the near future it has the potential to make Polkadot correct and weaken down to level 4.4807 but as long as the decline does not break and close below level 4.0260, then this shows that the weakening is only a correction and Polkadot still has the potential to strengthen again where level 5.2152 will be tested to be break and close above it. If successful, then Polkadot will have the potential to strengthen up to level 5.8481 as its main target even if the volatility and momentum of its strengthening are quite significant then 6.3437 is not impossible for the next target to be tested.

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