Polkadot

Throughout the year, Polkadot steadily rolled down. And it has already made a drawdown of about 90% of the maximum price at which it was in November last year. The chart shows how over the past half a year this cryptocurrency has been working out the wave theory. Now the asset is forming a support level at $5. And already twice made a rebound from this price. It was at this price that the market showed great liquidity in 2020-2021. Most likely now we will observe a reversal and a slight increase.