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Polkadot Slumps as It Returns to Its Critical $6.00 Low

Polkadot Slumps as It Returns to Its Critical $6.00 Low

Polkadot (DOT) Price Long-term Trend: Ranging Polkadot’s (DOT) price continues to move sideways as it returns to its critical $6.00 low. The DOT price has been trapped between the $6.00 support and the $8.00 resistance since the price slump on December 20. The range-bound limitations have not been breached by the bulls or the bears. […]

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Polkadot Holds above $6.00 Due to Heavy Buying Pressure

Polkadot Holds above $6.00 Due to Heavy Buying Pressure

Polkadot (DOT) Price Long-term Trend: Ranging Polkadot (DOT) price recovers above $6.00 due to heavy buying pressure. The Bulls purchased the dips on December 20 when the altcoin dropped to a low of $6.06. The altcoin tested the 50-day SMA three times and corrected upward without significant progress. Buyers made unsuccessful attempts on January 6 […]

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Polkadot Bounces Back but Encounters the $8.00 Obstacle

Polkadot Bounces Back but Encounters the $8.00 Obstacle

Polkadot (DOT) Price Long-term Trend: Bearish The price of Polkadot (DOT) is rising but encounters the $8.00 obstacle. Earlier, the altcoin was expected to drop to $4.96, according to the price indicator. The price of DOT recovered and surpassed the 21-day SMA on January 1, 2025. The crypto price is below the 50-day SMA resistance […]

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Polkadot Loses Ground and Is Aiming for the $5.00 Support

Polkadot Loses Ground and Is Aiming for the $5.00 Support

Polkadot (DOT) Price Long-term Trend: Bearish Polkadot’s (DOT) price slips below the moving average lines and is aiming for the $5.00 support. The cryptocurrency price fell below the 50-day SMA, retested, and continued its downward trend. The cryptocurrency’s destination is indicated by its price. On December 9, the DOT price corrected higher, and the retraced […]

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