Rally

Internet Computer

Polkadot

<ul class="news-points"> 
 <li><strong>DOT and ICP’s values have rallied significantly in the last month.</strong></li> 
 <li><strong>However, ICP’s value gains have outpaced DOT.</strong></li> 
 <li><strong>DOT appears poised to initiate an uptrend to catch up with ICP.</strong></li> 
</ul> 
<p>Polkadot (DOT) has been closely trailing <a href="https://coinedition.com/tag/internet-computer-icp/">Internet Computer (ICP)</a> in recent price gains, sparking discussion among crypto analysts about whether DOT is due for a significant upward swing.</p> 
<p>In a recent post on X (formerly Twitter), crypto analyst Tony Bitcoin opined that DOT might be poised for a potential catch-up rally following the 400% surge in ICP’s value since November 2023.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Polkadot?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Polkadot</a> <a href="https://twitter.com/hashtag/DOT?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#DOT</a> and <a href="https://twitter.com/hashtag/ICP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#ICP</a> I have been observing for some time that they are on a par, <a href="https://twitter.com/search?q=%24ICP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ICP</a> has gone up from its minimum 400% and <a href="https://twitter.com/search?q=%24DOT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$DOT</a> 150% so now it has to be equalized with <a href="https://twitter.com/search?q=%24ICP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ICP</a> and so now <a href="https://twitter.com/search?q=%24DOT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$DOT</a> has to go up 250% <a href="https://t.co/VcxVD2gLh0" target="_blank" rel="nofollow">pic.twitter.com/VcxVD2gLh0</a></p>— Tony ₿itcoin
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@Toni_Bitcoin) <a href="https://twitter.com/Toni_Bitcoin/status/1743011668446122006?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">January 4, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="h-rally-looks-likely"><strong>Rally Looks Likely</strong></h2> 
<p>An assessment of DOT’s price movement on a weekly chart showed that the predicted rally might occur.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/F0ttIu8ytqCxu2P5kCc0o55Vx5IsY0KvhMBy299ErVCS02cmoncazWKg0SukRc8nWZ4He-aYgDBQmWJrfbfYgjmYYk_dd28xE65swTSVi4y5-rPbX0OZ4PA2cQ29BmSBhY4HU905MIaX8R1akLk-R7s" alt="">
 <figcaption class="wp-element-caption">
  DOT/USDT 7-Day Chart (Source: <a href="https://www.tradingview.com/x/rhEDFt84/" target="_blank" rel="nofollow">TradingView</a>)
 </figcaption>
</figure> 
<p>An indicator that suggested this was the coin’s ADA’s Parabolic SAR (Stop and Reverse). At press time, the dotted lines that make up the ind…</p>
<p>The post <a href="https://coinedition.com/polkadot-dot-poised-for-a-rally-following-400-surge-in-icps-price/">Polkadot (DOT) Poised for a Rally Following 400% Surge in ICP’s Price</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Polkadot (DOT) Poised for a Rally Following 400% Surge in ICP’s Price

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