Yesterday, Polkadot (DOT) reached its weekly high at $5.54 but subsequently started a corrective phase. In the past 24 hours, DOT has managed to retain 1.8% of its overall gains during that period. On the weekly chart, DOT exhibited a 3% price increase. However, the technical analysis suggests that bears currently have the upper hand,…
The Polkadot price analysis continues to indicate a bearish outlook as the market undergoes a notable decline. Within the past 24 hours, the asset’s price experienced a slight decline, demonstrating sideways movement under the influence of bearish sentiment. On a weekly timeframe, there has been limited movement in the price of DOT. In terms of…
Polkadot’s DOT started a fresh increase from the $5.60 support against the US Dollar. It correcting gains, but indicators suggest high chances of a fresh increase. DOT is holding the ground above the $6.00 and $5.80 levels against the US dollar. The price is trading nicely above the $6.00 support and the 100 simple moving…
The Polkadot price has breached the $5 resistance mark in the past trading sessions. Over the last 24 hours, DOT has appreciated by 3.8%. The price of Bitcoin has been surging, which has caused other altcoins to also move upward on their respective charts. When Bitcoin crossed the $18,000 price mark, other altcoins broke past…
The Polkadot price posted significant gains over the last week after Bitcoin showed recovery on its chart. Other altcoins have also moved in the same direction. At the moment, however, DOT has been trying to breach the immediate resistance of $5. In the past 24 hours, DOT noted a fall of 2%, but that could…
The Polkadot price has been on a downtrend ever since the beginning of August. The coin has pierced through several price floors in that duration. In the past 24 hours, the coin has lost 1.6%. In the last week, DOT sustained double-digit losses. At this moment, DOT has again resumed its lateral trading, but signs…
The Polkadot price has attempted to break past its immediate resistance several times during the first week of December. Despite that, the bulls could not build on their strength. This suggests that the coin’s buying power remained low at higher price levels for the altcoin. The technical outlook for the coin depicted a fall in…
Polkadot price seems to be returning on its feet, courtesy of recent developments. DOT’s network released its newest update, highlighting some core developments that could pave a path for its foundational roadmap for 2023. Polkadot has plans to delve deeper into smart contract development through its project Substrate. This focuses on the network’s intention to…
Polkadot price seems to be returning on its feet, courtesy of recent developments. DOT’s network released its newest update, highlighting some core developments that could pave a path for its foundational roadmap for 2023. Polkadot has plans to delve deeper into smart contract development through its project Substrate. This focuses on the network’s intention to…
Polkadot price has retraced on its chart over the last 24 hours. The coin has started to register sideways movement on its one-day chart. During this period, the coin lost close to 2% of its market value. In the last week, DOT registered more than 6% appreciation, which caused the bulls to gain stamina and…