As the cryptocurrency market picks up notable bullish steam this week, Polkadot (DOT) has overthrown Dogecoin (DOGE) as the tenth-largest cryptocurrency based on size, on CoinMarketCap. According to the crypto aggregator website, Polkadot has jumped by over 10% in the last 24 hours, bringing it to its highest point of 9.382 since early June. The […]
Technical indicators: Major Resistance Levels – $10, $12, $14Major Support Levels – $8, $6, $4 DOT/USD Long-term Trend: BullishPolkadot’s (DOT) price is trading in the bullish trend zone as bulls target $11 high. It is fluctuating below the recent high but has retraced to the low of $8.22. The upward move is doubtful because the […]
Resistance Levels: $60, $62, $64Key Support Levels: $40, $38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot’s (DOT) price is still in a downward correction as buyers fail to keep prices above $8 high. The altcoin is above the 21-day line SMA but below the 50-day line SMA. That is, the crypto will trend when the moving […]
Resistance Levels: $60, $62, $64Key Support Levels: $40, $38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot’s (DOT) price is in a downtrend as it targets the $5.60 low. Buyers have failed to keep the price above the 21-day line SMA, hence the downtrend. Today, the DOT price is retesting the 21-day line SMA as it faces […]
Resistance Levels: $60, $62, $64Key Support Levels: $40, $38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot’s (DOT) price is in a downward correction as it faces further decline below $6.37. The 21-day line SMA has been the resistance line to the price bars. Buyers have never kept the price above the 21-day line SMA resistance. A […]
Resistance Levels: $60, $62, $64Key Support Levels: $40, $38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot’s (DOT) price is in a downtrend and has declined to the low of $6.53 as it struggles to hold above $6.37. The cryptocurrency has been on a steady decline from the high of $8.36. Today, the coin has revisited the […]
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Resistance Levels: $60, $62, $64Key Support Levels: $40, $38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot’s (DOT) price is in a downtrend as it faces rejection at $8.36. The altcoin is declining after facing rejection at the 21-day line SMA. The crypto will decline to the previous low of $6.37 as it turns from the 21-day […]
Resistance Levels: $60, $62, $64Key Support Levels: $40, $38,$36 Polkadot (DOT) Price Long-term Trend: BearishSince June 10, Polkadot’s (DOT) price has been hovering above the $8 support as bears push to the previous low at $7.18. The downtrend will resume if the bears break below the crucial support. Nevertheless, Polkadot will decline to the previous […]
