Saturday , September 24 2022
Home / Tag Archives: Polkadot (DOT) Price

Tag Archives: Polkadot (DOT) Price

Polkadot Price Analysis: DOT Spikes 8%, Heading Towards Crucial Resistance

Following an 8% daily increase, DOT attempts to retest the key resistance at $32 on renewed momentum. Key Support level: $25 Key Resistance level: $32 Polkadot’s DOT native token completed a short-term correction and is now creating a support floor and trading range between the support level at $25 and resistance at $32. The first attempt to break out above this trading area was rejected last Monday. However, DOT appears ready for a second tryout. Chart by...

Read More »

Polkadot Price Analysis: Following 8% Daily Drop, Here’s the Next Level to Consider for DOT

Key Support levels: $26 Key Resistance level: $33 DOT had a fantastic rally last week when the price increased by 40%. However, this week, DOT’s rally ended when the resistance at $33 rejected the price from moving higher. Today, the correction continued, and DOT has fallen under $30. The current support is found at $26. Chart by TradingViewTechnical Indicators Trading Volume: Sustained volume both during the uptrend and the current downtrend. This shows that market...

Read More »

Market Watch: Cardano and Polkadot Spike 8% as Bitcoin Maintains $50K

After a 24-hour hiatus below the coveted $50,000 mark, bitcoin has bounced off and reclaimed it. Most altcoins are also slightly in the green, while Cardano and Polkadot have stolen the show with impressive 8% gains on a daily scale. Bitcoin Reclaims $50K It was just several days ago – before Christmas – when the primary cryptocurrency struggled at $48,000 after unsuccessful attempts to overcome $50,000. The landscape changed at that point when the bulls initiated an...

Read More »

Crypto Price Analysis Nov-12: Ethereum, Ripple, Cardano, Binance Coin, and Polkadot

This week was very intense in terms of price action and we take a look at Ethereum, Ripple, Cardano, Binance Coin, and Polkadot. Ethereum Ethereum has set another all-time high this week at $4,868 and increased slightly. ETH is currently sitting on a clear uptrend and has formed a large bearish wedge which appears to end just above $5,000 (in blue). This is also the place where ETH has key resistance at $5,075. Therefore, the current rally may be stopped by the bears at that...

Read More »

Polkadot (DOT) Soars 15% to New All-time High In Anticipation for Parachain Auctions

Heterogeneous multichain blockchain network Polkadot revealed the successful passage of a proposal to enable registration and crowd loans for developers. The network’s native token – DOT – is recording a new all-time high surpassing the $50 mark in response to the news. Polkadot Council Approves Proposal The Polkadot team announced the news via the official Twitter handle on Monday (November 1, 2021). According to details shared on the Polkassembly platform, a network upgrade...

Read More »

Crypto Price Analysis Oct-22: Ethereum, Cardano, Ripple, Polkadot & Solana

Ethereum This week, Ethereum managed to rally over 8.5% and nearly touched the all-time high at $4,380, missing it by $5 (Bitstamp). The momentum remains bullish and the price is in a steep uptrend as shown by the trendline which is currently acting as support around $4,000. A break below this level can push ETH back to the next support found at $3,500. The resistance at $4,380 continues to hold, at least until another attempt is made by the bulls to break it. Considering...

Read More »

Crypto Price Analysis & Overview October 15th: Ethereum, Ripple, Cardano, Polkadot & Matic

Ethereum Ethereum managed to increase by 6.4% this week as it continues to climb higher inside an ascending price channel. The price channel formed at the start of October after ETH found support and reversed at $2800. Last week, ETH found resistance at $3600, causing it to fall into the support at $3400. It bounced from $3400 on Wednesday as it hit the lower boundary of the price channel. Yesterday, ETH managed to break $3600 and push higher into resistance at $3790 (bearish...

Read More »

Polkadot Parachains Ready to Launch, Auction Dates Proposed

Polkadot was first introduced in a Whitepaper almost five years ago. Now, the heterogeneous multichain network announces a massive milestone – its parachains are officially ready to launch on the mainnet. Polkadot Parachains Greenlighted Polkadot’s parachains are one of, if not the most integral component of its network. They represent diverse and specialized blockchains that connect to Polkadot’s Relay Chain. They also constitute the multichain aspect of Polkadot’s...

Read More »

Crypto Price Analysis Oct-8: Bitcoin, Ethereum, Ripple, Cardano, and Polkadot

Bitcoin Bitcoin is up by an incredible 25.7% this week as the cryptocurrency surges beyond $55,000. The increase started at the beginning of October when it managed to break above a descending price channel and go above the 50-day MA. Since then, BTC surged higher during the week until it broke the September highs at $53,000 and met resistance at $55,400 on Wednesday. It did attempt to break above $55,400 today, reaching as high as $56,000 (1.414 Fib Extension) but is showing...

Read More »

Polkadot Price Analysis: DOT Bulls Create Three Month Highs Following 9% Weekly Gains

DOT/USD – DOT Breaks Bearish .618 Fib. Key Support Levels: $35.30, $32.55, $30.Key Resistance Levels: $38.65, $40, $42.10. DOT surged above resistance at $30 toward the end of August as it started to climb higher in the first week of September to reach resistance at $35.30 (bearish .618 Fib). However, it could not overcome this level and ended up falling into the 200-day MA around $27.50 during the market crash last week. Since then, DOT solidified the support at the 200-day...

Read More »