#dotusd

Polkadot token DOT has indeed been hot on the cryptocurrency market throughout the week, appreciating over 21%. Despite the gains bringing further enthusiasm among the investors, the token pressed on higher and continues to trade at $4.65 with a market capitalization of more than $6.6 billion. Now ranking 17th in the largest cryptocurrencies, investors and DOT aficionados cannot stop wondering if…

The winds of change are swirling round Polkadot (DOT). After a month-long hunch that mirrored a broader cryptocurrency market downturn, DOT finds itself at a vital juncture. Supply: Coingecko Technical indicators trace at a bullish reversal, with some analysts predicting a major value surge for the interoperable blockchain darling. Nonetheless, a latest spending spree by the Polkadot Basis has…

Polkadot’s DOT is recovering higher from the $3.92 support against the US Dollar. The price could gain pace if it clears the $4.20 and $4.35 resistance levels. DOT is slowly moving higher above the $4.05 resistance zone against the US Dollar. The price is trading just above the $4.15 zone and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near…

Polkadot’s DOT is moving higher from the $5.0 support against the US Dollar. The price could rally if it clears the $5.30 and $5.40 resistance levels. DOT is slowly moving higher above the $5.15 resistance zone against the US Dollar. The price is trading above the $5.20 zone and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $5.10 on the…

Dr Gavin Wood, the creator of Polkadot, made a ground-breaking revelation about his ambitious aspirations to build a global supercomputer on the Polkadot network. The announcement was made during the recent Polkadot Decoded conference when Wood highlighted the vast potential of Polkadot and outlined its key features. Because of the scattered and incompatible nature of the current internet…

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, with buying strength and demand remaining low. Despite this,…

The price of Polkadot has been trading sideways within a narrow range of $5.7 to $6.6 in recent days, with a slight uptick of only 0.7% in the past 24 hours indicating consolidation. The weekly chart shows a decline of 1.7%, and the technical outlook is bearish with decreasing demand and accumulation. Although buying pressure is still present above the $6.10 mark, the ongoing consolidation has…

Polkadot’s DOT started a fresh increase above the $6.00 resistance against the US Dollar. The price is now approaching a major break and might eye a test of $7. DOT is slowly moving higher above the $6.0 resistance zone against the US dollar. The price is trading near the $6.20 zone and the 100 simple moving average (4-hours). There was a break above a major bearish trend line with resistance…