With the cumulative market cap falling by nearly 2% over the last 24 hours, most cryptos were mostly in the red on 22 October. Some altcoins, in fact, showed signs of correction too.
Polkadot and Monero, for instance, projected superior buying pressure, while Ethereum Classic exhibited signs of decreasing bullish power.
Polkadot [DOT]
Source: TradingView, DOT/USDT
DOT moved up by 1.76% and was trading at $44.93, at the time of writing. It also noted a 13.56% seven-day increase, indicating an overall uptrend in its price trajectory.Bullish trendlines confirm the uptrend and showed how DOT bulls were keen on sustaining their momentum after breaching the previous support level at $33.19.
This momentum led to a strong support level around
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