While some altcoins are still finding solid ground amid this week’s drops, DOT located support and bounced back after a short pullback. It appears bullish on the day following a 10% gain in the past hours. Earlier this month, DOT traded as low as $3.66 after extending bearishly in the […]
Tag: Polkadot
POLKADOT PRICE ANALYSIS & PREDICTION (October 12) – DOT Post 3% Gains Amid Slight Recovery, Remains In A Range
This month’s crackdown has subjected DOT to a serious loss, but it appeared to have taken a breath amid the current market recovery. It is climbing back but buying pressure seems low at the moment. Dot’s overall market outlook remains bearish on a long-term scale. But it seemed to be […]
POLKADOT PRICE ANALYSIS & PREDICTION (October 3) – DOT Draws Back After Failing To Overcome A Key Resistance Line
Suspending bearish correction last month, DOT went through a short recovery and retested a key price level. But it currently appeared to have resumed bearish after failing to break above a mid-term resistance line. After opening short in September, DOT located support and increased steadily until the price tested a […]
POLKADOT PRICE ANALYSIS & PREDICTION (September 6) – DOT Consolidates at $4 As It Signals A Potential Surge In Volatility
Polkadot’s market cap has decreased significantly since it initiated drops in March. Selling pressure currently appears low on the day as the price stalled at around $4 after resuming bearish two weeks back. Nothing much has changed over the past week as DOT continued to lose momentum on a daily […]
POLKADOT PRICE ANALYSIS & PREDICTION (August 18) – DOT Resumes Bearish But Can It Rebound From This Bottom?
Correcting by more than 65% in five months, DOT rolled back to local bottom and entered oversold condition. However, it recovered briefly but has resumed drop due to a rejection. It currently appeared weak. The late July meltdown saw Polkadot through its biggest drop since May but it later found […]
POLKADOT PRICE ANALYSIS & PREDICTION (August 1) – DOT Advances Bearish Following 6% Weekly Loss, Where Next?
Polkadot has reached a crucial trading level again after posting a huge loss in the past two weeks. It has reclaimed key support and is now on the verge of breaking lower. The 2023 bottom is the next low to watch. The last two weeks have seen Dot’s price through […]
POLKADOT PRICE ANALYSIS & PREDICTION (July 7) – DOT Climbs Back Above $6 Following Two-Day Bounce, Can It Hold Grip?
Polkadot registered one of its major losses this week after witnessing a small increase in two weeks. However, it has seen a nice recovery in the last 48 hours and is now regaining strength with a daily 1% gain. On Friday, DOT dipped heavily to around $4.9 following a new […]
Real World Assets Surge In Value: Maker RWA Leads The Market With $3.37 Billion TVL
The Total Value Locked (TVL) in Real World Assets (RWA) has seen remarkable growth, with Maker RWA dominating the market, reaching a peak of $3.37 billion in 2023. Ondo Finance holds a strong second place in TVL, maintaining a range between $154 million and $203 million. MatrixDock and Solv Funds […]
POLKADOT PRICE ANALYSIS & PREDICTION (June 28) – DOT Post 10% Gain But Faces Resistance After A Short Bounce
Amid a recent bloodbath, Polkadot DOT found a solid ground level and climbed back above the lost $6 level. It is currently facing a key resistance line on the daily chart. A break above this resistance should signal a buy. Last week saw Polkadot through an extension of a correction […]
POLKADOT PRICE ANALYSIS & PREDICTION (June 10) – DOT May Break Lower If This Crucial Support Fails To Hold
Polkadot DOT faced resistance this week and posted a double-digit loss following a crackdown across the crypto space. This brought the price back to last month’s low, invalidating its recent bullish build-up. DOT halted its bullish continuation this week after failing to sustain buying above the $7.3 level, which is […]
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 […]
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 […]
POLKADOT PRICE ANALYSIS & PREDICTION (April 23) – DOT Reaches Key Resistance Line After A Week Recovery, Will It Break?
Polkadot DOT has recovered nicely from its monthly low but is currently weak due to a small decrease in the global market cap. However, more growth is expected if the buyers continue to show interest. The past few days have been a sigh of relief in the crypto space as […]
POLKADOT PRICE ANALYSIS & PREDICTION (April 8) – DOT Signals Bullish With A Pin Bar, Potential Rally Ahead
The past three weeks saw DOT through a major corrective phase after posting 80% gains in two months. But now, it appeared to have ended the phase as it bounced off a key support trendline, looking poise for another run-up. Looking at the latest daily price actions, the asset has […]
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 […]
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 […]
POLKADOT PRICE ANALYSIS & PREDICTION (February 16) – DOT Volatility Increases Following Latest Buying Pressure, Bigger Moves Ahead?
Polkadot, DOT is up 11% in the past week following a steady recovery from a month’s low. After struggling with volatility in the past few days, it took a brief break and initiated a fresh surge this week. Since the price bounced off $6 last month, DOT has been on […]
POLKADOT PRICE ANALYSIS & PREDICTION (February 9) – DOT Slowly Picks Up As Explosion Underways, Where Next?
Following recent price recovery across the crypto space, Polkadot DOT increased by 8% in three weeks but appeared to be struggling with volatility. However, it remains strong on a weekly scale and looks set to claim more highs. Most altcoins have stayed in the shadow of Bitcoin’s bounce lately as […]