#dotusdt

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…

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,…

Since the beginning of this year, Polkadot has been on a roller coaster ride as the general cryptocurrency market has fluctuated over the past months. Recently, the price of Polkadot (DOT) has experienced negative sentiment, causing a slight decline in the coin’s value. The coin’s price slightly decreased from $5.51 to $5.12 on May 9, 2023. However, it started to gain further positive momentum…

The price of Polkadot (DOT) has been gradually moving south over the past few days. The price decline cuts across the entire crypto market, with strong signs of bears. The cumulative market cap has dropped by 2.58% to sit at $1.25 trillion in 24 hours. DOT has finally lost its grip on the $6 region as the bears became aggressive on the token over the past 24 hours. The market is wondering if…

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…

Polkadot price has been trying to recover on its daily chart as the altcoin has managed to move north over the past few days. Last week was tough as the altcoin lost close to 9% of its value. Although the price of the asset hasn’t shown considerable recovery and is trading laterally, the bulls are trying to push DOT near its immediate resistance level. The technical outlook for DOT still shows a…