Polkadot (DOT) and Litecoin (LTC) To End the Month on a Bullish Outlook

Polkadot is looking to end the month on a bullish outlook as it seeks to reclaim the $10 region. The DOT token has been bullish since falling to a low point of $3.65

Cryptocurrency price updates for Polkadot, Litecoin and Lunex Network, highlighting their recent price movements, technical analysis and upcoming developments.

Polkadot (DOT) price is looking to end the month on a bullish outlook as it seeks to reclaim the $10 region. The DOT token has been bullish since falling to a low point of $3.65 at the start of November.

The token price witnessed a breakout from the $6 psychological level on Friday, with increased trading activity and bullish pressure pushing the price over the $7.5 region. Resistance at $7 turned into a support zone.

Polkادت technical indicators also revealed a bullish outlook, with the RSI at 70, indicating increasing buying pressure and suggesting continued upward momentum.

The bullish outlook, massive volume surge and market volatility are all set to push Polkadot price over the $10 region again.

Polkadot also reported an increase in market cap, which has exceeded $11B. This, backed by its recent bullish momentum, could push the token toward the $8.5 resistance region while aiming to reclaim the $10 level.

Litecoin (LTC) price last formed a golden cross in February 2024. This was followed by a significant price surge that saw LTC reach its yearly high of $112.

Therefore, Litecoin’s golden cross could result in a breakout, as the token aims to break past its critical resistance levels and potentially reach new highs.

Its first target will be the $112, opening a path to the $300 region. Hovering around the $87 and $90 region, with a monthly surge of over 27%, Litecoin technical indicators support a bullish outlook.

The relative strength index is at 58, suggesting a potential buying outlook.

However, despite the positive connotation of a golden cross, market corrections are always risky. If the broader crypto market registers a setback, Litecoin’s price performance might also see a pullback, testing its support near the daily moving averages of 50 and 200.

Among the best crypto investments for December, Polkadot and Litecoin have seen impressive gains, and the upward momentum will continue throughout Q4. This momentum has also been reflected in Lunex Network, with its presale registering over $3.5M in raised revenue.

This makes the three cryptos the top investment choice for the coming month. You can find more information about Lunex Network (LNEX) here: