Tag: Polkadot

Market Analysis

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 […]

Market Analysis

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 […]

Market Analysis

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 […]

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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 […]