Polkadot DOT resumed a downtrend this week after failing to sustain recovery. The bears appeared back in control as they slowly released pressure. We can expect bigger drops if the price breaks below $6. After ending a week retracement at $7.3, DOT initiated a fresh drop on Monday and continued […]
Tag: Polkadot
POLKADOT PRICE ANALYSIS & PREDICTION (January 24) – This Break and Retest May Trigger More Dips, Bearish Party Not Over Yet
After sliding by 27% to $6 in the last 30 days, Polkadot saw a recovery overnight and trades calmly above this price level. It is currently taking a break as it retests a crucial level. Likely to resume bleeding shortly. From around $9.3 at the top, DOT saw a roller […]
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 […]
POLKADOT PRICE ANALYSIS & PREDICTION (January 8) – DOT Reaches a Key Support Level After Two-Week Drops, Possible Rebound?
DOT has been on a steady fall for almost two weeks. It has lost a lot of key levels for rebound and is now in search of solid ground. The price may roll back to the bottom if the current support level fails to hold. Last month ended slightly bearish […]
POLKADOT PRICE ANALYSIS & PREDICTION (December 12) – DOT Rejects 10-Month High In A Fresh Surge, Gains 30% Weekly
Polkadot jumped by 5% today and reached its highest price level in ten months. The asset looks highly volatile on the daily chart with no sign of slowing down buying pressure. DOT advanced bullish sentiment this week and exploded to a daily high of $7.69 – which is located near […]
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 […]
POLKADOT PRICE ANALYSIS & PREDICTION (October 21) – DOT Remains In A Red Zone Despite 3% Daily Gain
Amid the current market upsurge, Polkadot remained extremely oversold on the daily chart as it continues to trade in a bearish zone. However, the price increased by 3% today, but not enough to activate bullish. DOT has been struggling in a bearish zone since the price dipped to the $3.5 […]
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 […]
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 […]
Polkadot Price Analysis & Prediction (May 25th) – DOT Signals Fresh Decrease Amid Consolidation, Targets Demand Zone
Polkadot suffered a lot of losses in the past months. It looks set up for another dip while the price oscillates around $5.3 for some days. Currently, the price is down 2% daily. DOT has been in the middle of consolidation for close to two weeks now. But the sell-off […]
Polkadot Price Analysis & Prediction (May 16th) – DOT Cools Off After Meeting Key Support, a Calm Before The Storm?
Polkadot continued to suffer loss after witnessing a series of drops in the last month. The selling pressure has cooled off a bit, but it is likely to resume soon. However, it has lost roughly 25% in the past month. The past weeks of bearish correction have caused a lot […]
Polkadot Price Analysis & Prediction (April 24th) – DOT Targets This Triangle’s Support After Losing 13% Weekly, Incoming Rebound?
Polkadot (DOT) initiated a fresh decrease during the week after testing the $7 level as resistance. It formed a triangle pattern and now driving towards its lower boundary for support. The price is currently down by 3% today. After witnessing a steady recovery in the past month, Polkadot lost momentum […]
Polkadot Price Analysis & Prediction (April 12th) – DOT Rebounds with a Daily 4% Increase as it Looks Poise for More Gains
Polkadot started this week on a positive note and added over 4% gains in the last 24 hours. While some top altcoins surged to a new monthly high, the price is yet to cross over a key level to mark a new monthly high. In the latest recovery, DOT has […]
Polkadot Price Analysis & Prediction (Mar 14th) – DOT Trades at Support Following Serious Crackdown, Loses 14% in a Month
The roller coaster continues. Polkadot extends bearishness towards the $5 price zone following the recent sell-off. It shows no signs of significant recovery as the price suffers more loss. Many things have happened in this space over the past few days as Avalanche maintains bearish. The ongoing meltdown has continued […]
Polkadot Price Analysis & Prediction (Feb 9th) – A Massive Price Movement Underway if DOT Follows This Bullish Pattern
Polkadot remains in bullish territory with no sign of breakdown at the moment. Although it recently witnessed some loss but has found dynamic support. Yesterday, it initiated another buy on a daily scale. DOT has shown no strong signs of correction despite charting about a 43% increase in the space […]
Polkadot Price Analysis & Prediction (Nov 25th) – DOT Flags More Bearish as Price Plunges From $6, Where Is It Heading Next?
Since the price crashed to $5.35 a few days ago, Polkadot struggled to recover well above $6. Instead, it flagged another bearish after the price saw multiple rejections at a crucial supply zone. The bearish action appeared to be painting an uglier scenario for Polkadot following the crash from $7.43 […]
Top 5 Polkadot Ecosystem Tokens Below $160 Million Market Cap to Watch in August 2022
Polkadot Ecosystem is remarkable for its multi-chain application platform. Some top players in the Ecosystem include Polkadot (DOT), with a market cap of over $8 billion, and ChainLink (LINK), with a market cap of over $3 billion. Polkadot Ecosystem tokens generally have a market cap of around $15,040,773,957 and a […]
Behind the Technology that Powers Polkaswitch: A Decentralized Cross-chain Liquidity Protocol
Polkaswitch is a decentralized cross-chain asset exchange and liquidity protocol that allows users to trade Polkadot, Ethereum, and ERC20 tokens across a multitude of DEXes across the DeFi ecosystem. The project is aiming to synthesize these different chains in order to create the most optimal user experience, housing everything in […]