Cryptocurrency News
Amid the latest drop, DOT showed signs of weakness after charting an impressive gain in the past month. However, the overall outlook remains bullish on the daily chart but will likely lose momentum soon. Dot’s trend is still looking bullish from a short-term perspective as the price continued to increase […]
Crossing over a crucial resistance line this month, DOT rallied to a new high for the first time in eight months. Rejecting the new high today, it retraced sharply but remains highly bullish with a weekly 55% gain. Bouncing off the $3.7 level earlier this month, DOT surged steadily and […]
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 […]
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 […]
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’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 […]
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 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 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 […]
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 […]
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 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 […]
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 […]
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 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 […]
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 […]
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 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 […]