Polkadot : Potential Bullish scenario for 2022.
מעודכן
Let’s talk about Polkadot and his token DOT. Definitely another project to follow, like Cardano.
Assuming we are still in a bull market, Polkadot has still a lot of potential. It will, of course, depend of BITCOIN moves but in a bullish scenario, there is a decent probability we won't go lower than 23$.
If we finally break this level, the last chance would be 10 $. However, as we bounced well at 23$ we seem to be able to hold. Time will tell, ;).
To add some narratives, Polkadot has a strong fundamentals with a huge ecosystem. It’s, with CARDANO, what I consider as the biggest hedge against ETHEREUM . Btw, I’m pretty sure ETH,ADA and DOT will do well this cycle, but having in his portfolio the King (BTC). the Queen (ETH) some of the biggest underdogs (ADA/DOT), is not a bad idea.
The current Market cap for POLKADOT is around 25 Billions, for a current price around 25-26 $ which means :
- if the price goes to 100$, the MC should be around 100 Billions (a clean 4X from where we are)
- if the price goes to 150$, the MC should be around 150 Billions (6X)
- if the price goes to 200 $, the MC should be around 200 Billions (X8) => its starting to be huge, but not impossible if the whole Crypto MC is able to reach 8-10 Trillions.
A range between 100 $ to 200$ could be the next area to DCA your sells for this cycle.
Again, if the whole crypto market cap goes to 8-10 Trillions next year (even during Q2-Q3) and BTC is around 2-3 trillions MC , nothing is written by advance but DOT could potentially reach more than 100 Billions to 200 billions of MC and hit around 100-200$ for his cycle peak. So starting to DCA your sells from 100 $ to 200 $ and beyond if we are very lucky, could be a potential plan. It is mine ;)
Disclaimers :
Why theses targets ? Because I'm only using datas, stats, probabilities & logarithmic curves, to appreciate the potential and the risk level of holding a coin (or selling when its heating up). I also love to stay cold and realistic (even if I’m optimistic) in my projections and be surprised in the good way.
It's not a financial advise. This is not a « strong TA » but my point of view regarding my short but respectable experience in Crypto (since 2014). This chart is pretty simple and its just here to make potential projections, nothing more, so DYOR ALWAYS. Now its said, so let's see if this chart ages well, at least just for fun ;)
Assuming we are still in a bull market, Polkadot has still a lot of potential. It will, of course, depend of BITCOIN moves but in a bullish scenario, there is a decent probability we won't go lower than 23$.
If we finally break this level, the last chance would be 10 $. However, as we bounced well at 23$ we seem to be able to hold. Time will tell, ;).
To add some narratives, Polkadot has a strong fundamentals with a huge ecosystem. It’s, with CARDANO, what I consider as the biggest hedge against ETHEREUM . Btw, I’m pretty sure ETH,ADA and DOT will do well this cycle, but having in his portfolio the King (BTC). the Queen (ETH) some of the biggest underdogs (ADA/DOT), is not a bad idea.
The current Market cap for POLKADOT is around 25 Billions, for a current price around 25-26 $ which means :
- if the price goes to 100$, the MC should be around 100 Billions (a clean 4X from where we are)
- if the price goes to 150$, the MC should be around 150 Billions (6X)
- if the price goes to 200 $, the MC should be around 200 Billions (X8) => its starting to be huge, but not impossible if the whole Crypto MC is able to reach 8-10 Trillions.
A range between 100 $ to 200$ could be the next area to DCA your sells for this cycle.
Again, if the whole crypto market cap goes to 8-10 Trillions next year (even during Q2-Q3) and BTC is around 2-3 trillions MC , nothing is written by advance but DOT could potentially reach more than 100 Billions to 200 billions of MC and hit around 100-200$ for his cycle peak. So starting to DCA your sells from 100 $ to 200 $ and beyond if we are very lucky, could be a potential plan. It is mine ;)
Disclaimers :
Why theses targets ? Because I'm only using datas, stats, probabilities & logarithmic curves, to appreciate the potential and the risk level of holding a coin (or selling when its heating up). I also love to stay cold and realistic (even if I’m optimistic) in my projections and be surprised in the good way.
It's not a financial advise. This is not a « strong TA » but my point of view regarding my short but respectable experience in Crypto (since 2014). This chart is pretty simple and its just here to make potential projections, nothing more, so DYOR ALWAYS. Now its said, so let's see if this chart ages well, at least just for fun ;)
הערה
23 $ miserably failed to hold as BITCOIN is collapsing.Next area to watch are 16$ and last strong support is 10$
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.