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Tag Archives: DOTUSDT

Calm Before the Storm? DOT Eyes This Level to Trigger Mass Liquidations (Polkadot Price Analysis)

Polkadot’s recent price action has been characterized by steady but uncertain movements within a defined range, highlighting a balance between buyers and sellers. However, a decisive breakout from this range is imperative to determine its future trajectory. Technical Analysis By Shayan The Daily Chart On the daily chart, Polkadot has been trapped within a defined range, with the $6 support and the $7.5 resistance serving as significant boundaries. This sideways movement...

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Is Polkadot Bound for a Massive Move Following Consolidation Around $7? (DOT Price Analysis)

Following a bounce from the lower boundary of the current price range at $6.4, Polkadot experienced a surge, reaching the upper threshold, coinciding with a significant resistance area. Consequently, a slight rejection is anticipated, with the price targeting the lower part of the range. Technical Analysis By Shayan The Daily Chart Upon close examination of the daily chart, Polkadot is observed to be moving sideways, oscillating between the notable support level of $6.4 and...

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Polkadot Price Analysis: Has DOT Bottomed and is $9 the Next Target?

Polkadot’s price has been on the decline for a while now, since reversing to the downside in March, Yet, the market might recover soon. Technical Analysis By TradingRage The Daily Chart On the daily chart, DOT’s price has been making lower highs and lows since being rejected from the $12 resistance level. The $9 mark has also been broken to the downside. The price is currently trading below the 200-day moving average, which is located around $7.2. Yet, it is testing the...

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Polkadot Price Analysis: DOT Tumbles 7% Weekly but the Bulls May Be Staging a Comeback

Polkadot’s price has been dropping rapidly over the last couple of months and is yet to show any sign of slowing down. However, the cryptocurrency might soon begin a bullish rebound. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been on an aggressive decline since a rejection from the $12 resistance level. The market has also broken below the bullish trendline that has been formed since October 2023. The 200-day moving average, located...

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Is Polkadot Primed for a Major Move Following Extended Consolidation? (DOT Price Analysis)

Polkadot has been undergoing a prolonged corrective consolidation around the critical $6.5 support level, with the price retracing slightly toward the 100-day moving average. However, the short-term expectation is to continue this corrective consolidation phase. Polkadot Price Analysis: Technicals By Shayan The Daily Chart A comprehensive analysis of the daily chart shows a swift rebound near the pivotal support level of $6.5, with the price exhibiting a minor bullish...

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Polkadot Price Analysis: DOT Consolidates in Critical Area as Bulls Eye $9 Push

Polkadot’s recent price movement has seen it finding support from the crucial 200-day moving average, prompting a bullish retracement. However, despite this upward trajectory, the cryptocurrency faces several critical resistance levels ahead, casting doubt on the sustainability of the bullish retracement. Technical Analysis By Shayan The Daily Chart A thorough daily chart analysis reveals a modest bullish reversal near the key 200-day moving average of $7, following a quick...

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Crash to $6 or Surge to $8: Which Comes First for Polkadot? (DOT Price Analysis)

Polkadot’s recent price action has been characterized by subdued movement and minimal volatility following a swift decline toward the $6 level. However, the cryptocurrency finds itself at a crucial juncture, with a potential breakout poised to determine its next direction. Polkadot Price Analysis: Technicals By Shayan The Daily Chart A thorough analysis of the daily chart reveals a period of consolidation around the $6 mark, marked by low volatility and indecision in the...

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Top 5 Altcoins to Watch in 2024: Which Cryptocurrency Will Perform Best in the Next Bull Run?

Many industry experts have given their two cents on the future of the crypto market in the next 12 months, and most of them lean bullish. The most common reason is Bitcoin. In April 2024, the cryptocurrency will go through its pre-programmed halving, which will slash block rewards in half. This means that the supply available for miners to sell will effectively decrease by 50%. If the demand for it remains the same or it increases, the price will go up – that’s how markets...

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Brazilian Finance Giant BTG Pactual to Issue a Stablecoin Pegged to the US Dollar (Report)

BTG Pactual – one of Latin America’s largest investment banks – will reportedly launch its own stablecoin, whose value will be tied to the American dollar.  The corporation joined the industry years ago by issuing a security token called ReitBZ and introducing a cryptocurrency exchange in Brazil. The Latest Push According to Reuters, Banco BTG Pactual S.A. (better known as BTG Pactual) will strengthen its presence in the digital asset sector by designing a stablecoin called...

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Crypto Price Analysis Mar-17: ETH, XRP, ADA, BNB, DOT

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Polkadot. Ethereum (ETH) This week, the market sentiment completely shifted, with bulls taking full control of the price action. ETH rallied by 21%, making it the best performer on our list. This spectacular rally allowed it to break above the key resistance at $1,660, which has now turned into support. With the uptrend in full swing, this cryptocurrency can reach $2,000, which is a key...

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