Polkadot Turns Parabolic and Sets ATH Above $40

DOT has been trading within an ascending price channel for the majority of February. Yesterday, it pushed higher from $36 to meet resistance at $35.50 (1.272 Fib Extension & the upper boundary of the price channel).

Today, DOT managed to break the upper boundary of the price channel and start to turn parabolic. It surged as much as 17% to set the new ATH price at $40.92.

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