Polkadot rallies nearly 20% to trade at $42 ahead of another upswing to all-time highs around $50.
VeChain eyes $1.5, but first, the 200-day SMA barrier must come out the way.
The cryptocurrency market endured a healthy pullback mid-week, whereby Bitcoin retested support at $58,000. Investors did not waver but seem to have embraced the correction by taking more positions in the preferred digital assets. Bitcoin recovered, settling above $58,000 while Ethereum has lifted from $3,400 to beyond $3,600 at writing.
Some selected cryptocurrencies are trading higher with double-digit gains. Polkadot is up nearly 20% and exchanging at $42. Similarly, VeChain has accrued 10% in gains, brushing shoulders with $0.12. Most of the crypto assets are in green amidst the push to end the week in style.
Polkadot:-
Polkadot is teetering at $42 after a massive breakout from levels close to $30 earlier in the week. The smart contracts token managed to flip a stubborn supply zone at $38 into support, a mo
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