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14.02.202507:05 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Polkadot Cryptocurrency, Friday February 14, 2025.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 14.02.2025 analysis

With the price movement of Polkadot which is above EMA (21) which also has a slope that is sloping upwards, it provides us with information that currently Buyers are trying to move this cryptocurrency to rise upwards where the level of 5.3210 will be tested if it is successfully broken and Polkadot successfully closes above it, then Polkadot has the opportunity to continue its strengthening to the level of 5.8373 and if the volatility and momentum of its strengthening support it, then 6.4280 will be the next target, but please also note that the appearance of divergence between price movements and the Stochastic Oscillator indicator also gives an indication that in the near future there is a potential for a weakening correction, but as long as the correction does not broken and close below the level of 4,3994, it means that the strengthening in Polkadot will continue.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2025

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