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Polkadot, MATIC, The Sandbox Price Analysis: 18 December
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While Bitcoin struggled to cross the $47,000-level, the fear sentiment had already heightened. Despite this, MATIC and The Sandbox managed to bag daily gains on their charts as the near-term buying pressure increased.
Polkadot bulls, however, failed to alter the broader trend as it continued to flash weak near-term technical indications.
TradingView, DOT/USDT
As pointed in the previous article, DOT continued its down-channel trajectory after the anticipated bearish flag breakdown.
This fall occurred after the bulls retested the $29.9-mark thrice since the beginning of the Month. The decline halted at the crucial $24.3 mark that the bulls have ensured for 17 weeks now. As a result, DOT found an oscillating range between the aforementioned
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