Ethereum is steady: Can Polkadot rally from a 20% drop in April?

Polkadot’s price was about to break above a pattern, which might allow it to once again touch its March highs.bears have been controlling the token’s price for a few days as its value moved sideways. However, this might just be the tip of the iceberg, as the larger picture looked different.CoinMarketCap

At the time of writing, DOT was trading at $8.42 with a market capitalization of over $12 billion. However, investors must not get disheartened, as a bull pattern appeared on the token’s price chart.from FLASH, a popular crypto analyst, Polkadot’s price was about to break out of a bull pattern that earlier had resulted in bull rallies.

Whenever the metric rises, it indicates that the on-going price trend might continue, which in this instance was bearish.

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