Cryptocurrency

Satoshi

Arbitrum

Polkadot

Coin

<p>Cryptocurrency enthusiasts have reasons for cautious optimism as two notable tokens, Polkadot ($DOT) and Arbitrum ($ARB), demonstrate potential for recovery and growth. Both tokens have experienced pivotal movements at critical price levels, drawing attention from traders and analysts, who provide insights and predictions on their future trajectories.</p>
<h2 class="wp-block-heading" id="strong-polkadot-s-strategic-position-and-upward-trajectory-strong"><strong>Polkadot’s Strategic Position and Upward Trajectory</strong></h2>
<p>Il Capo Of Crypto, a crypto analyst, <a href="https://x.com/CryptoCapo_/status/1788645418105962976" target="_blank" rel="noopener noreferrer nofollow">highlighted</a> Polkadot’s resilience at a crucial support level. Currently trading at <a href="https://coinmarketcap.com/currencies/polkadot-new/" target="_blank" rel="noopener noreferrer nofollow">$7.13</a>, Polkadot has managed to hold strong.<em> “If this support holds, we should see a move up to the same resistance ($10-$11). If this level is broken, then it should reach $15-$17,”</em> Il Capo Of Crypto tweeted.&nbsp;</p>
<p>Moreover, Polkadot’s fundamentals look robust, boosted by developments like Polkadot 2.0, integration of parachains, a partnership with Mythical Games, and advancements in <a class="wpil_keyword_link" href="https://captainaltcoin.com/best-ai-crypto-projects/" title="AI" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">AI</a> technology, adding to the bullish sentiment.</p>
<p>CryptoCapo’s chart analysis from September 2021 to early 2024 shows Polkadot experiencing volatility, with notable price fluctuations. Despite a tough phase, a bullish recovery is visible from early 2023 into 2024, projecting an optimistic trajectory. Investors might consider long positions as the token approaches key support levels, targeting potential resistance zones for profit-taking.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="584" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-292-1024x584.png" alt="" class="wp-image-489219" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-292-1024x584.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-292-300x171.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-292-767x437.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-292-1536x876.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-292-2048x1167.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-292-263x150.png 263w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-292-100x57.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-292-614x350.png 614w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-292-788x449.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-292.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/injective-inj-integrates-with-arbitrum-arb-to-enhance-interoperability-amid-price-fluctuations/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Injective (INJ) Integrates with Arbitrum (ARB) to Enhance Interoperability Amid Price Fluctuations</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-arbitrum-s-market-correction-nears-an-end-strong"><strong>Arbitrum’s Market Correction Nears an End</strong></h2>
<p>On the other hand, Arbitrum has also captured attention following a full market correction, now seemingly in its latter stages. Michaël van de Poppe, another icrypto analyst, <a href="https://x.com/CryptoMichNL/status/1788610381017121172" target="_blank" rel="noopener noreferrer nofollow">noted</a>, <em>“This one has a full correction and is at the end stage of the correction.”</em> Arbitrum currently trades at $1.04, showing a slight increase of 1.48% over the past 24 hours.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="554" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-291-1024x554.png" alt="" class="wp-image-489211" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-291-1024x554.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-291-300x162.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-291-768x415.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-291-1536x830.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-291-2048x1107.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-291-277x150.png 277w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-291-100x54.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-291-647x350.png 647w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-291-788x426.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-291.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Additionally, Ali from @ali_charts <a href="https://x.com/ali_charts/status/1788485954656747933" target="_blank" rel="noopener noreferrer nofollow">pointed out</a> a positive trend on the Arbitrum weekly chart, identifying a buy signal from the TD Sequential. This technical indicator predicts a rebound of one to four candlesticks for Arbitrum, indicating a short-term bullish opportunity. Hence, this analysis provides a strategic insight for traders, suggesting that now could be a favorable time to engage with Arbitrum as it potentially rounds out its correction phase.</p>
<blockquote class="twitter-tweet">
 <p lang="en" dir="ltr">The TD Sequential presents a buy signal on the <a href="https://twitter.com/hashtag/Arbitrum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Arbitrum</a> weekly chart. It anticipates a one to four candlesticks rebound for <a href="https://twitter.com/search?q=%24ARB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ARB</a>! <a href="https://t.co/ITylXqmVF2" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/ITylXqmVF2</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1788485954656747933?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 9, 2024</a>
</blockquote>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="strong-eyes-on-the-crypto-market-s-next-moves-strong"><strong>Eyes on the Crypto Market’s Next Moves</strong></h2>
<p>Both Polkadot and Arbitrum are at pivotal moments, with potential for significant price movements. Investors and traders will be watching these cryptocurrencies closely, as the next weeks could define their trajectories in a highly volatile market.</p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/polkadot-targets-17-arbitrum-signals-rebound-analysts-highlight-these-key-price-metrics-for-dot-and-arb/" rel="noopener noreferrer nofollow">Polkadot Targets $17, Arbitrum Signals Rebound: Analysts Highlight These Key Price Metrics for DOT and ARB</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Polkadot Targets $17, Arbitrum Signals Rebound: Analysts Highlight These Key Price Metrics for DOT and ARB

Daftar Isi

CaptainAltcoin

Artikel lain yang dipublikasikan pada 10 Mei 2024

Bitcoin’s roadmap to $75K – Why this pattern is critical for BTC’s price

Binance and KuCoin Secure Registration With Indian FIU

Crucial Ripple (XRP) Move from One of Japan’s Largest Financial Institutions

AI’s Double-Edged Sword: Cybersecurity Threat and Defense Solution

Bitcoin’s bull cycle – How long should you HODL before BTC hits its peak?

EigenLayer's Controversial Airdrop: The Rise and Fall of Crypto Points Systems

Bergabunglah dengan buletin gratis kami untuk pembaruan kripto harian!