Polkadot (DOT) Price Long-term Trend: Bearish Polkadot’s (DOT) price has slipped below the 21-day SMA as it holds above $4.00. Since March 10, the altcoin has been in a range bound move above $3.80 and below the moving average lines or the resistance at $5.00. Polkadot has halted its decline and should have reversed above […]
Polkadot (DOT) Price Long-term Trend: Bearish The price of Polkadot (DOT) has recovered from its downward trajectory due to traders’ hesitation. The digital asset has recovered after falling to the $3.60 support. The price indicator had previously forecasted that DOT would decline, but it will now reverse at the Fibonacci extension level of 1.272, or […]
Polkadot (DOT) Price Long-term Trend: Bearish Polkadot’s (DOT) price selling pressure on February 3 has subsided but encounters the $4.46 obstacle. The cryptocurrency asset has fallen to the chart’s bottom twice. The crypto price commenced its range after hitting the $3.60 low. The altcoin oscillates between the $3.60 support and the moving average lines. The […]
Polkadot (DOT) Price Long-term Trend: Ranging Polkadot’s (DOT) price is currently consolidating above the $4.40 support at the chart’s bottom. The bulls bought the dips as the altcoin began its sideways advance above the $4.00 support but below the resistance at $5.50 or the moving average lines. The cryptocurrency asset has dropped to the market’s […]
Polkadot (DOT) Price Long-term Trend: Bearish The price of Polkadot (DOT) has been drifting laterally above as it retests the $4.40 support zone. After striking the 21-day SMA on February 12 and 14, the bullish momentum was rebuffed. If purchasers had driven the price above the moving average lines, the positive trend would have continued. […]
Polkadot (DOT) Price Long-term Trend: Bearish Polkadot (DOT) recovers from its lowest price level after plunging above $3.60. The DOT price dropped to $3.60 on February 3 and then recovered. In the same vein, DOT fell to $3.67 on November 4, 2024, before rising again. On December 4, 2024, the bullish momentum surged over the […]
Polkadot, a major blockchain platform, saw huge success in late 2024, with monthly transactions jumping from 20 million to nearly 60 million between January and November. This 200% increase came mainly from strong performance by two key platforms, Neuroweb and Frequency, according to the latest Messari report. What Drove the Recent Success for Polkadot? The […]
Polkadot (DOT) Price Long-term Trend: Bearish Polkadot’s (DOT) price declines below the moving average lines but risks falling below $5.50. The bearish trend broke below the 21-day SMA, resulting in a succession of lower highs and lows. On January 27, the DOT price dropped to a low of $5.50 before rising again. The rising movement […]
Polkadot (DOT) Price Long-term Trend: Ranging Polkadot’s (DOT) price trend has been constant but faces a probable dip below $6.00. The resistance at $8.00 and the 50-day SMA have slowed price gains. On January 19, the cryptocurrency price dropped below the moving average lines, reaching a low of $6.10. For the past week, the altcoin […]
