Polkadot (DOT) and ORDI have demonstrated impressive bullish potential, as revealed by the technical analysis conducted by Captain Faibik. The analysis indicates that both of these cryptocurrencies have broken out from descending channels, which could signify potential trend reversals.
The breakouts are further validated by strong bullish momentum, suggesting that both Polkadot (DOT) and ORDI have the potential to rally significantly in the coming period. This could lead to substantial price surges, potentially exceeding 100%, as market sentiment shifts towards a more positive outlook for these tokens.
These developments indicate that investors may want to keep a close watch on Polkadot and ORDI, as they could experience notable growth if the bullish momentum continues to build. The positive trend may open new opportunities for traders looking to capitalize on these potential breakouts.
Source: coinedition.com ↗