Tag: Polkadot

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POLKADOT PRICE ANALYSIS & PREDICTION (May 16) – DOT Tests $7 Following A Short Bounce, Can It Scale Through? 

After taking a two-week downturn, DOT located a threshold and initiated a fresh increase following a sudden 5% surge yesterday. It paused buying and now looks indecisively weak on the daily chart. Since the price bounced sharply from $5.7 last month, DOT has remained in a consolidation phase, looking for […]

Market Analysis

POLKADOT PRICE ANALYSIS & PREDICTION (May 2) – DOT Signals A Reversal Following 5% Daily Gains: Incoming Bullish?

Yesterday, Polkadot DOT found a temporal support after falling consistently for a week. The price increased and broke slightly above a crucial resistance line, suggesting a possible bullish reversal pattern on the daily chart. Last week saw DOT through another decline after retesting the $7.58 level as resistance. It rolled […]

Market Analysis

POLKADOT PRICE ANALYSIS & PREDICTION (March 23) – DOT Signals Fresh Buy, But Trading Volume Appears Low 

While some altcoins are relatively recovering in the past 24 hours, Polkadot, DOT is yet to show signs of strength as it stuck under a minor resistance. However, it has formed a bullish pattern on the lower timeframe, but volatility currently appears low. The recent correction in Polkadot’s price appeared […]

Market Analysis

POLKADOT PRICE ANALYSIS & PREDICTION (February 26) – DOT Rebounds Slightly After a Short Pullback, Can It Sustain Pressure?

Polkadot DOT registered some losses this week but has recovered slightly after locating a minor support. It has been showing signs of strength since yesterday following a substantial 2% gain.  DOT cooled off buying a bit this week after witnessing a consecutive increase to a monthly high of $8.14 on […]

Market Analysis

POLKADOT PRICE ANALYSIS & PREDICTION (January 18) – DOT Eyes $6.5 In The Upcoming Drawdown, Will This Price Level Produce A Rebound?

Following a sharp rejection last week, Polkadot dropped and resumed selling this week but has remained calm in the past hours due to an extreme drop in volatility. We can expect a big drop if an expansion occurs.  During the last short-term bullish rally, Polkadot formed an “inverse head and […]

Market Analysis

POLKADOT PRICE ANALYSIS & PREDICTION (November 2) – DOT Stalls Under $4.8 After Gaining 7% In A Week, Can It Advance Higher?

Last month saw DOT through a major breakout of a descending wedge. It retested the wedge as support and rebounded with a substantial gain. The price is now stalled under a key resistance level due to rejection. DOT started to recover in mid-October after experiencing a severe drop to $3.6 […]

Market Analysis

POLKADOT PRICE ANALYSIS & PREDICTION (October 8) – DOT Gathers Volatility For Fresh Dip, Targets This Price Level

After rejecting a vital resistance level earlier this week, Polkadot’s price slipped and remained calm above its 2-year low. A crash from there could see the price tank by 25% before finding a solid level for recovery. Last month saw many top altcoins through a mini-recovery as they increased above […]

News

Cardano Regains Top Development Activity Slot, Polkadot And Kusama Makes Solid Moves As Well

In 2023, the development landscape in the cryptocurrency space witnessed intriguing dynamics. Polkadot and Kusama, both known for their innovative approaches to blockchain interoperability, initially dominated GitHub activity, showcasing their commitment to continuous improvement and technological advancement. This active involvement signaled their dedication to refining their platforms and fostering a […]