Polkadot
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Polkadot Price Surges, Analysts Target Key Levels Above $7
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Polkadot (DOT) is currently at $5.15. DOT price has shown a correlation in the last few days climbing through some technical levels.
As the buying pressure rises significantly, technical indicators and analysts show both the possibilities for further growth and levels to monitor for a decline Insights from analysts like iamflez and i_bot404 suggest major resistance targets ahead. Even though overbought conditions and profit-taking could influence short-term moves.
DOT Surges Above Key Levels, Testing ResistanceIn Polkadot’s daily chart, there is a breakout above the upper Bollinger Band, which is now slightly above $4.97.
This move above the band indicates a shift from bearish ground to bullish territory. However, breaking the upper Bollinger Band indicates that DOT may be overbought. Market correction or consolidations. is more likely to occur.
When the Bollinger Bands expand, it indicates that the market is more volatile in the middle of a new trend.Immediate support is located around $4.97 at the upper Bollinger Bands. The second upward resistance level is the middle Bollinger Bands’ line at $4.19.
However, if DOT is to move further up and cross $5.50, the next possible level maybe $7.575. The analyst iamflez considers this to be a key resistance level.
Overbought RSI Indicates Caution Amid Buying Pressure
The Relative Strength Index is now at 72.66 which is considered overbought.An RSI above 70 means that the asset is in an overbought state, it is likely to retrace as profit takers come in.
However, in strong uptrends, the assets could stay overbought for a long time, which makes a continuation of the trend possible if the buying pressure is sustained.
#Polkadot #DOT #altcoin #cryptonews
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Polkadot (DOT) is currently at $5.15. DOT price has shown a correlation in the last few days climbing through some technical levels.
As the buying pressure rises significantly, technical indicators and analysts show both the possibilities for further growth and levels to monitor for a decline Insights from analysts like iamflez and i_bot404 suggest major resistance targets ahead. Even though overbought conditions and profit-taking could influence short-term moves.
DOT Surges Above Key Levels, Testing ResistanceIn Polkadot’s daily chart, there is a breakout above the upper Bollinger Band, which is now slightly above $4.97.
This move above the band indicates a shift from bearish ground to bullish territory. However, breaking the upper Bollinger Band indicates that DOT may be overbought. Market correction or consolidations. is more likely to occur.
When the Bollinger Bands expand, it indicates that the market is more volatile in the middle of a new trend.Immediate support is located around $4.97 at the upper Bollinger Bands. The second upward resistance level is the middle Bollinger Bands’ line at $4.19.
However, if DOT is to move further up and cross $5.50, the next possible level maybe $7.575. The analyst iamflez considers this to be a key resistance level.
Overbought RSI Indicates Caution Amid Buying Pressure
The Relative Strength Index is now at 72.66 which is considered overbought.An RSI above 70 means that the asset is in an overbought state, it is likely to retrace as profit takers come in.
However, in strong uptrends, the assets could stay overbought for a long time, which makes a continuation of the trend possible if the buying pressure is sustained.
#Polkadot #DOT #altcoin #cryptonews
🚀 $DOT Making Steady Moves on Binance! 🚀
Polkadot (DOT) is trading at $5.35 with a slight +0.19% rise. This Layer 1 blockchain continues to draw investor interest with its robust ecosystem and potential for scaling cross-chain solutions. 🌐💫
📊 Key Trading Data:
24H High: $5.839
24H Low: $5.116
24H Volume: 30.36M DOT / 165.45M USDT
DOT’s performance aligns with major indicators, showing stability and modest growth potential, as seen in MACD, RSI, and Bollinger Bands. 📈📉
📅 Performance Snapshot:
7 Days: -1.16%
30 Days: +37.23%
90 Days: +30.28%
1 Year: -2.82%
Will DOT’s network developments drive another breakout? Keep it on your watchlist as it rides the Layer 1 wave! 🌊🔍
#Binance #DOT #Polkadot #CryptoUpdates $DOT
Polkadot (DOT) is trading at $5.35 with a slight +0.19% rise. This Layer 1 blockchain continues to draw investor interest with its robust ecosystem and potential for scaling cross-chain solutions. 🌐💫
📊 Key Trading Data:
24H High: $5.839
24H Low: $5.116
24H Volume: 30.36M DOT / 165.45M USDT
DOT’s performance aligns with major indicators, showing stability and modest growth potential, as seen in MACD, RSI, and Bollinger Bands. 📈📉
📅 Performance Snapshot:
7 Days: -1.16%
30 Days: +37.23%
90 Days: +30.28%
1 Year: -2.82%
Will DOT’s network developments drive another breakout? Keep it on your watchlist as it rides the Layer 1 wave! 🌊🔍
#Binance #DOT #Polkadot #CryptoUpdates $DOT
$DOT HTF Smart Money Concept (SMC) Analysis 🚀
Decline from ATH: ~93%
DOT has captured both buy-side and sell-side liquidity, tested an overlapping zone, and dropped to form a double bottom/equal lows pattern. The price is now showing bullish signals, with potential for testing the previous swing high and continuing its bullish momentum.
Entry: $5.320
Profit Targets:
Target 1: $11.880 (+123%)
Target 2: $55 (+933%)
Stop Loss (SL): $3.500
Monitoring for potential breakout.
#DOT #Polkadot $BTC $ETH
Decline from ATH: ~93%
DOT has captured both buy-side and sell-side liquidity, tested an overlapping zone, and dropped to form a double bottom/equal lows pattern. The price is now showing bullish signals, with potential for testing the previous swing high and continuing its bullish momentum.
Entry: $5.320
Profit Targets:
Target 1: $11.880 (+123%)
Target 2: $55 (+933%)
Stop Loss (SL): $3.500
Monitoring for potential breakout.
#DOT #Polkadot $BTC $ETH
Feed-Creator-b2fc98768:
Your graph is completely bad, in 2027 we will be in a bear market so it is impossible for dot to be rising there
🚨 $DOT/USDT Market Watch: Will Polkadot Break Out or Break Down? 🔍💥
$DOT /USDT is currently priced at $5.12, showing a slight dip of -0.41%. After peaking at $5.478 and dipping to a low of $4.968 in the past 24 hours, the market reflects a fierce struggle between bulls aiming to push higher and bearish resistance near key support levels.
🔥 Key Points to Monitor:
Support Zone: Watch for a potential break below $5.00 that could lead to further downside.
Resistance Levels: A push above $5.30 could reignite bullish momentum.
Market Sentiment: Traders should stay alert, as any significant movement could set the tone for DOT’s next decisive trend.
Will $DOT find the strength to rebound and challenge resistance, or is more downward pressure ahead? Keep your eyes peeled for rapid market changes!
#Polkadot #CryptoAnalysis #DOTWatch #EthereumRally #MarketUpdate
🔥 Key Points to Monitor:
Support Zone: Watch for a potential break below $5.00 that could lead to further downside.
Resistance Levels: A push above $5.30 could reignite bullish momentum.
Market Sentiment: Traders should stay alert, as any significant movement could set the tone for DOT’s next decisive trend.
Will $DOT find the strength to rebound and challenge resistance, or is more downward pressure ahead? Keep your eyes peeled for rapid market changes!
#Polkadot #CryptoAnalysis #DOTWatch #EthereumRally #MarketUpdate
🚀 Polkadot (DOT) Market Cap Comparison
📊 Current Market Cap (Nov 2024): $7 billion
📈 ATH Market Cap (2021): $60 billion
🔻 How far is DOT from its ATH?
To achieve its all-time high market cap, Polkadot would need to increase by approximately 8.57x. That’s right! A market cap growth of over 850% is required to hit those peak numbers again!
👉 What’s happening?
Like many cryptocurrencies, Polkadot has seen a significant correction after its 2021 bull run. However, the long-term potential of projects like Polkadot still exists, and it could experience growth again with market recovery.
#Crypto #Polkadot #DOT #CryptoNews #Blockchain
📊 Current Market Cap (Nov 2024): $7 billion
📈 ATH Market Cap (2021): $60 billion
🔻 How far is DOT from its ATH?
To achieve its all-time high market cap, Polkadot would need to increase by approximately 8.57x. That’s right! A market cap growth of over 850% is required to hit those peak numbers again!
👉 What’s happening?
Like many cryptocurrencies, Polkadot has seen a significant correction after its 2021 bull run. However, the long-term potential of projects like Polkadot still exists, and it could experience growth again with market recovery.
#Crypto #Polkadot #DOT #CryptoNews #Blockchain
BNB_Hodler:
right
🚀 $DOT Rally Alert! 🚀
📈 Current Price: $5.22 (+14.52%)
💥 24h High: $5.478 | 24h Low: $4.557
💸 24h Volume: 35.84M DOT (~182.87M USDT)
Polkadot (DOT) is making significant strides, standing out as a top Layer 1 performer with strong trading volume and price action. With DOT's recent gains, it’s catching the attention of traders seeking solid Layer 1 opportunities.
🔹 Indicators to Watch:
MA / EMA: Momentum remains solid with continued upward strength.
BOLL / SAR: Bullish signals are setting up for potential breakouts!
MACD / RSI / KDJ: Momentum indicators are showing bullish signs across the board.
📊 Trading Timeframes:
Whether you're trading short-term (15m, 1h) or looking at longer trends (4h, 1D), DOT offers multiple strategies for both day traders and swing traders.
Polkadot’s momentum is building – will it keep climbing? 🌐 Trade DOT on Binance now! #Polkadot #DOT #Binance #Crypto #Write2Earn! $DOT
📈 Current Price: $5.22 (+14.52%)
💥 24h High: $5.478 | 24h Low: $4.557
💸 24h Volume: 35.84M DOT (~182.87M USDT)
Polkadot (DOT) is making significant strides, standing out as a top Layer 1 performer with strong trading volume and price action. With DOT's recent gains, it’s catching the attention of traders seeking solid Layer 1 opportunities.
🔹 Indicators to Watch:
MA / EMA: Momentum remains solid with continued upward strength.
BOLL / SAR: Bullish signals are setting up for potential breakouts!
MACD / RSI / KDJ: Momentum indicators are showing bullish signs across the board.
📊 Trading Timeframes:
Whether you're trading short-term (15m, 1h) or looking at longer trends (4h, 1D), DOT offers multiple strategies for both day traders and swing traders.
Polkadot’s momentum is building – will it keep climbing? 🌐 Trade DOT on Binance now! #Polkadot #DOT #Binance #Crypto #Write2Earn! $DOT
🚀 $DOT
Layer 1 Blockchain on the Rise! 🚀
📊 Current Price: $5.22 (+12.79%)
📈 24h High: $5.478 | 24h Low: $4.582
💰 24h Volume: 181.80M USDT | Volume (DOT): 35.53M DOT
Polkadot (DOT) is experiencing a strong price surge of +12.79% in the last 24 hours!
🔍 Key Insights:
MA / EMA: The price remains well above critical moving averages, signaling strong bullish momentum.
Volume: High trading volume of 181.80M USDT and 35.53M DOT points to significant interest and investor activity.
MACD / RSI: Both indicators show healthy upward momentum, suggesting further price appreciation in the near term.
🔥 Why DOT?
Polkadot's Layer 1 blockchain capabilities continue to attract attention, with investors betting on its long-term potential. The price surge could signal growing confidence in DOT’s value proposition within the crypto ecosystem.
🌐 Trade DOT on Binance now! #Polkadot #Blockchain #Crypto #Binance $DOT
Layer 1 Blockchain on the Rise! 🚀
📊 Current Price: $5.22 (+12.79%)
📈 24h High: $5.478 | 24h Low: $4.582
💰 24h Volume: 181.80M USDT | Volume (DOT): 35.53M DOT
Polkadot (DOT) is experiencing a strong price surge of +12.79% in the last 24 hours!
🔍 Key Insights:
MA / EMA: The price remains well above critical moving averages, signaling strong bullish momentum.
Volume: High trading volume of 181.80M USDT and 35.53M DOT points to significant interest and investor activity.
MACD / RSI: Both indicators show healthy upward momentum, suggesting further price appreciation in the near term.
🔥 Why DOT?
Polkadot's Layer 1 blockchain capabilities continue to attract attention, with investors betting on its long-term potential. The price surge could signal growing confidence in DOT’s value proposition within the crypto ecosystem.
🌐 Trade DOT on Binance now! #Polkadot #Blockchain #Crypto #Binance $DOT
🚀 Polkadot (DOT/USDT) is on a Roll! +20.49% in 24 Hours! 🚀
Polkadot (DOT) is making waves with a powerful +20.49% surge, now trading at $5.27! As one of the leaders in Layer 1 networks, DOT is gaining serious traction, attracting the attention of traders worldwide.
💥 Price Range:
24h High: $5.448
24h Low: $4.314
📊 Trading Volume:
DOT 24h Volume: 29.23M
USDT 24h Volume: 145.76M
📈 Performance Highlights:
7 Days: +19.47%
30 Days: +36.16%
1 Year: +1.99%
Is DOT gearing up for even greater highs, or is this the perfect time to lock in gains? Join the conversation, and let’s follow DOT’s climb together on Binance! #Polkadot #CryptoMomentum #BIOProtocol #Write2Earn! #SOLFutureRise
$DOT
Polkadot (DOT) is making waves with a powerful +20.49% surge, now trading at $5.27! As one of the leaders in Layer 1 networks, DOT is gaining serious traction, attracting the attention of traders worldwide.
💥 Price Range:
24h High: $5.448
24h Low: $4.314
📊 Trading Volume:
DOT 24h Volume: 29.23M
USDT 24h Volume: 145.76M
📈 Performance Highlights:
7 Days: +19.47%
30 Days: +36.16%
1 Year: +1.99%
Is DOT gearing up for even greater highs, or is this the perfect time to lock in gains? Join the conversation, and let’s follow DOT’s climb together on Binance! #Polkadot #CryptoMomentum #BIOProtocol #Write2Earn! #SOLFutureRise
$DOT
Feed-Creator-31be3d1b8:
fly to ATH..just hold.
**🚀 Polkadot ($DOT ) Breaks Out – New Targets in Sight! 🚀**
Polkadot ($DOT ) has surged ahead with a strong 24.80% increase, reaching a current price of **$5.425** and hitting a 24-hour high of **$5.431**! With a robust trading volume of **23.84M DOT**, this rally reflects intense buying momentum, signaling strong interest in the market.
📊 **Key Highlights:**
Precision Movement**: DOT reached the anticipated $5.3 target precisely, confirming a bullish trend.
Volume Strength**: High trading volume indicates solid confidence, helping DOT push through previous resistance levels.
🎯 **Next Moves to Watch:**
New Target: $5.5 is now on the radar as traders look for continued momentum.
Retracement Level: A price pullback could bring DOT to a strong support level around **$4.784**, offering a potential re-entry point for those aiming to ride the rally.
🛠️ **Trading Tips:**
Monitor for Bullish Continuation**: If momentum holds, gains beyond **$5.5** may be possible.
Risk Management**: As the market heats up, stay disciplined with your trading plan to navigate volatility effectively.
Polkadot’s breakout is gaining attention, with traders eyeing the $5.5 mark and potentially more. Be prepared for what could be a thrilling next phase!
#DOT_Update
#Polkadot
#Altcoin
$DOT
Polkadot ($DOT ) has surged ahead with a strong 24.80% increase, reaching a current price of **$5.425** and hitting a 24-hour high of **$5.431**! With a robust trading volume of **23.84M DOT**, this rally reflects intense buying momentum, signaling strong interest in the market.
📊 **Key Highlights:**
Precision Movement**: DOT reached the anticipated $5.3 target precisely, confirming a bullish trend.
Volume Strength**: High trading volume indicates solid confidence, helping DOT push through previous resistance levels.
🎯 **Next Moves to Watch:**
New Target: $5.5 is now on the radar as traders look for continued momentum.
Retracement Level: A price pullback could bring DOT to a strong support level around **$4.784**, offering a potential re-entry point for those aiming to ride the rally.
🛠️ **Trading Tips:**
Monitor for Bullish Continuation**: If momentum holds, gains beyond **$5.5** may be possible.
Risk Management**: As the market heats up, stay disciplined with your trading plan to navigate volatility effectively.
Polkadot’s breakout is gaining attention, with traders eyeing the $5.5 mark and potentially more. Be prepared for what could be a thrilling next phase!
#DOT_Update
#Polkadot
#Altcoin
$DOT
Square-Creator-a30e53075fe02c3b600b:
Pump 🚀
🚀 $DOT
Layer 1 Coin Rally! 🚀
📊 Current Price: $5.25 (+13.71%)
📈 24h High: $5.48 | 24h Low: $4.58
💰 24h Volume: 35.48M DOT
DOT (Polkadot), a top Layer 1 blockchain, has surged 13.71%, showing strong market performance.
🔍 Key Insights:
MA / EMA: DOT is maintaining a strong position above key moving averages, signaling a bullish momentum.
MACD / RSI: Positive MACD crossover and RSI showing bullish market strength, indicating the potential for further price movement.
Volume: Solid trading volume of $181.43M USDT reflects market confidence in DOT's growth potential.
🔥 Why DOT?
Polkadot's interoperability and scalability continue to attract attention in the blockchain space, and this upward movement could signal further gains.
🌐 Trade DOT on Binance now! #DOT #Polkadot #Layer1 #Crypto #Binance $DOT
Layer 1 Coin Rally! 🚀
📊 Current Price: $5.25 (+13.71%)
📈 24h High: $5.48 | 24h Low: $4.58
💰 24h Volume: 35.48M DOT
DOT (Polkadot), a top Layer 1 blockchain, has surged 13.71%, showing strong market performance.
🔍 Key Insights:
MA / EMA: DOT is maintaining a strong position above key moving averages, signaling a bullish momentum.
MACD / RSI: Positive MACD crossover and RSI showing bullish market strength, indicating the potential for further price movement.
Volume: Solid trading volume of $181.43M USDT reflects market confidence in DOT's growth potential.
🔥 Why DOT?
Polkadot's interoperability and scalability continue to attract attention in the blockchain space, and this upward movement could signal further gains.
🌐 Trade DOT on Binance now! #DOT #Polkadot #Layer1 #Crypto #Binance $DOT
🚀 $DOT /USDT Surges to New Highs! Key Targets to Watch ⚡🎯
Polkadot ($DOT /USDT) is making waves in the market with a stunning +21.29% rally, now priced at $5.304. With this strong upward momentum, traders are setting their sights on potential breakout levels and new targets.
🔍 Key Indicators to Note:
MA(7) at $5.107 shows strong short-term bullish momentum.
MA(25) at $4.726 supports sustained mid-term growth.
MA(99) at $4.333 underlines long-term bullish strength.
🎯 Targets to Keep an Eye On:
1. Immediate Target: $5.50 – Breaking through this resistance could pave the way for more gains.
2. Mid-Term Target: $5.80 – A push past this level signals continued bullish dominance.
3. Extended Target: $6.20 – Achieving this would mark a significant rally for $DOT .
⚠️ Support Level: Watch for pullbacks to $5.00, which could act as a consolidation zone and potential re-entry point for traders.
DOT's rally is captivating the crypto community, with bullish sentiment driving it higher. Will Polkadot continue this ascent and test these key targets? Stay tuned and trade smart! 🔥📈
#Therapydogcoin #Polkadot #CryptoSurge #Binance #BullishMomentum
Polkadot ($DOT /USDT) is making waves in the market with a stunning +21.29% rally, now priced at $5.304. With this strong upward momentum, traders are setting their sights on potential breakout levels and new targets.
🔍 Key Indicators to Note:
MA(7) at $5.107 shows strong short-term bullish momentum.
MA(25) at $4.726 supports sustained mid-term growth.
MA(99) at $4.333 underlines long-term bullish strength.
🎯 Targets to Keep an Eye On:
1. Immediate Target: $5.50 – Breaking through this resistance could pave the way for more gains.
2. Mid-Term Target: $5.80 – A push past this level signals continued bullish dominance.
3. Extended Target: $6.20 – Achieving this would mark a significant rally for $DOT .
⚠️ Support Level: Watch for pullbacks to $5.00, which could act as a consolidation zone and potential re-entry point for traders.
DOT's rally is captivating the crypto community, with bullish sentiment driving it higher. Will Polkadot continue this ascent and test these key targets? Stay tuned and trade smart! 🔥📈
#Therapydogcoin #Polkadot #CryptoSurge #Binance #BullishMomentum
Square-Creator-a30e53075fe02c3b600b:
Pump 🚀
Polkadot ($DOT )
Polkadot ($DOT ) priced at $4.88 is holding steady. A breakout above $5.00 may bring more upside.
💬 Trade Opportunity: Click $DOT to trade today!
#DOT_UPDATE #Polkadot #Crypto
Polkadot ($DOT ) priced at $4.88 is holding steady. A breakout above $5.00 may bring more upside.
💬 Trade Opportunity: Click $DOT to trade today!
#DOT_UPDATE #Polkadot #Crypto
Square-Creator-a30e53075fe02c3b600b:
Pump 🚀
🚀$DOT DOT/USDT: A Strong Rally in the Layer 1 Sector! 🚀
Polkadot (DOT) is up +13.69% in the last 24 hours, reaching a high of $5.149! 🌟 With solid trading volume and bullish momentum, DOT is making waves in the Layer 1 space. 📈
🔹 Current Price: $4.95
🔹 24h High: $5.149
🔹 24h Low: $4.314
🔹 24h Volume (DOT): 16.06M DOT
🔹 24h Volume (USDT): 75.38M
Polkadot’s interoperability and scalable ecosystem are gaining traction—keep an eye on this rising star in the blockchain world! 💥
#DOT #Polkadot #Crypto #Binance #DOTUSDT
$DOT
Polkadot (DOT) is up +13.69% in the last 24 hours, reaching a high of $5.149! 🌟 With solid trading volume and bullish momentum, DOT is making waves in the Layer 1 space. 📈
🔹 Current Price: $4.95
🔹 24h High: $5.149
🔹 24h Low: $4.314
🔹 24h Volume (DOT): 16.06M DOT
🔹 24h Volume (USDT): 75.38M
Polkadot’s interoperability and scalable ecosystem are gaining traction—keep an eye on this rising star in the blockchain world! 💥
#DOT #Polkadot #Crypto #Binance #DOTUSDT
$DOT
CriptoAnalistPRO:
🚀✅✅🚀🚀
🚨 $DOT /USDT SHOWS STRONG BULLISH MOMENTUM – TARGETS ON THE RADAR! ⚡🎯
Polkadot ($DOT ) is making waves with a significant 8.48% upward move, now trading at $4.658. Here’s what traders should keep an eye on as $DOT gears up for potential gains:
🔹 Target 1: $4.75 – A breakout above this level could signal more bullish pressure and drive more interest in DOT. 🔹 Target 2: $4.90 – If the momentum continues, this could be the next key resistance to challenge. 🔹 Target 3: $5.10 – Hitting this upper target would mark a substantial gain, indicating strong market sentiment.
Technical Overview:
DOT has strong support at MA(7) of $4.549, showing continued buying interest and positive momentum.
Increased trading volume suggests that traders are actively engaging, adding potential volatility.
⚠️ Caution: Keep an eye on support at $4.50. A dip below this level may lead to a temporary retracement, testing $4.40 as the next support.
Stay alert for DOT’s next move and don’t miss the action! 🚀📈
#Therapydogcoin #DOT #Polkadot #CryptoTrading #CryptoUpdate
Polkadot ($DOT ) is making waves with a significant 8.48% upward move, now trading at $4.658. Here’s what traders should keep an eye on as $DOT gears up for potential gains:
🔹 Target 1: $4.75 – A breakout above this level could signal more bullish pressure and drive more interest in DOT. 🔹 Target 2: $4.90 – If the momentum continues, this could be the next key resistance to challenge. 🔹 Target 3: $5.10 – Hitting this upper target would mark a substantial gain, indicating strong market sentiment.
Technical Overview:
DOT has strong support at MA(7) of $4.549, showing continued buying interest and positive momentum.
Increased trading volume suggests that traders are actively engaging, adding potential volatility.
⚠️ Caution: Keep an eye on support at $4.50. A dip below this level may lead to a temporary retracement, testing $4.40 as the next support.
Stay alert for DOT’s next move and don’t miss the action! 🚀📈
#Therapydogcoin #DOT #Polkadot #CryptoTrading #CryptoUpdate
Abdullah Alabbadi:
TP 6.5$
Exciting news!
🎉 JitoSOL is now integrated with the Acala network, enhancing #DeFi capabilities with secure, real-time data feeds.
This integration strengthens our mission to build a more robust, efficient, and dynamic financial ecosystem on Polkadot.
#acalanetwork #JitoSOL #Polkadot
🎉 JitoSOL is now integrated with the Acala network, enhancing #DeFi capabilities with secure, real-time data feeds.
This integration strengthens our mission to build a more robust, efficient, and dynamic financial ecosystem on Polkadot.
#acalanetwork #JitoSOL #Polkadot
Polkadot (DOT) Breakout Alert, Traders Eye 75% Rally
After a significant price decline of over 50% since May 2024, Polkadot (DOT) is now poised for a notable upside rally. The potential reasons for this bullish speculation include recent price action, increased investor interest, and the current bullish market sentiment.
Polkadot (DOT) Technical Analysis and Upcoming Levels
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According to expert technical analysis, since May 2024, DOT has followed a lower high and lower low price action pattern while facing resistance from a descending trendline. However, with the recent price rally, DOT has broken out of this trendline, shifting the sentiment from a downtrend to an uptrend.
Source: Trading View
Based on recent price action and historical momentum, there is a strong possibility that DOT could surge by 75% to reach $7.65 in the coming days. However, DOT may encounter several resistance levels along the way: Resistance (R1) at $5.1, R2 at $5.6, R3 at $6.5, and R4 at $7.6.
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However, considering the current market sentiment, it appears that DOT could easily surpass this level in the coming days.
Despite this bullish outlook, DOT is currently trading below the 200-day Exponential Moving Average (EMA) on the daily timeframe, indicating a downtrend.
Bullish On-Chain Metrics and Current Price Momentum
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DOT is currently trading near $4.35 and has experienced a price jump of over 1.5% in the past 24 hours. During the same period, its trading volume dropped by 10%, indicating lower participation from traders and investors compared to the previous day.
Besides small price changes, on-chain metrics further support DOT’s positive outlook. According to on-chain analytics firm Coinglass, DOT’s long/short ratio currently stands at 1.07, indicating strong bullish sentiment among traders. Additionally, its open interest appears to be steadily rising, reflecting growing interest from community members.
Source: Coinglass
Based on the data, DOT’s open interest has increased by 2.9% over the past 24 hours and 1.67% in the past four hours.
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A combination of these on-chain metrics and technical analysis suggests that bulls are currently dominating the asset, which could support DOT in achieving a 75% rally in the coming days.
#Polkadot #Dot #FedRateStrategy #CryptoNews $DOT $BTC
Polkadot (DOT) Technical Analysis and Upcoming Levels
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According to expert technical analysis, since May 2024, DOT has followed a lower high and lower low price action pattern while facing resistance from a descending trendline. However, with the recent price rally, DOT has broken out of this trendline, shifting the sentiment from a downtrend to an uptrend.
Source: Trading View
Based on recent price action and historical momentum, there is a strong possibility that DOT could surge by 75% to reach $7.65 in the coming days. However, DOT may encounter several resistance levels along the way: Resistance (R1) at $5.1, R2 at $5.6, R3 at $6.5, and R4 at $7.6.
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However, considering the current market sentiment, it appears that DOT could easily surpass this level in the coming days.
Despite this bullish outlook, DOT is currently trading below the 200-day Exponential Moving Average (EMA) on the daily timeframe, indicating a downtrend.
Bullish On-Chain Metrics and Current Price Momentum
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DOT is currently trading near $4.35 and has experienced a price jump of over 1.5% in the past 24 hours. During the same period, its trading volume dropped by 10%, indicating lower participation from traders and investors compared to the previous day.
Besides small price changes, on-chain metrics further support DOT’s positive outlook. According to on-chain analytics firm Coinglass, DOT’s long/short ratio currently stands at 1.07, indicating strong bullish sentiment among traders. Additionally, its open interest appears to be steadily rising, reflecting growing interest from community members.
Source: Coinglass
Based on the data, DOT’s open interest has increased by 2.9% over the past 24 hours and 1.67% in the past four hours.
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A combination of these on-chain metrics and technical analysis suggests that bulls are currently dominating the asset, which could support DOT in achieving a 75% rally in the coming days.
#Polkadot #Dot #FedRateStrategy #CryptoNews $DOT $BTC
Feed-Creator-dfaf0ed19:
When will DOT return to 45?
Polkadot (DOT) Breakout Alert, Traders Eye 75% Rally
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After a significant price decline of over 50% since May 2024, Polkadot (DOT) is now poised for a notable upside rally.
The potential reasons for this bullish speculation include recent price action, increased investor interest, and the current bullish market sentiment.
Polkadot (DOT) Technical Analysis and Upcoming Levels
According to expert technical analysis, since May 2024, DOT has followed a lower high and lower low price action pattern while facing resistance from a descending trendline.
However, with the recent price rally, DOT has broken out of this trendline, shifting the sentiment from a downtrend to an uptrend.
Based on recent price action and historical momentum, there is a strong possibility that DOT could surge by 75% to reach $7.65 in the coming days. However, DOT may encounter several resistance levels along the way: Resistance (R1) at $5.1, R2 at $5.6, R3 at $6.5, and R4 at $7.6.
However, considering the current market sentiment, it appears that DOT could easily surpass this level in the coming days.
Despite this bullish outlook, DOT is currently trading below the 200-day Exponential Moving Average (EMA) on the daily timeframe, indicating a downtrend.
Bullish On-Chain Metrics and Current Price Momentum
DOT is currently trading near $4.35 and has experienced a price jump of over 1.5% in the past 24 hours. During the same period, its trading volume dropped by 10%, indicating lower participation from traders and investors compared to the previous day.
Besides small price changes, on-chain metrics further support DOT’s positive outlook. According to on-chain analytics firm Coinglass, DOT’s long/short ratio currently stands at 1.07, indicating strong bullish sentiment among traders.
#Polkadot #Dot #FedRateStrategy #CryptoNews $DOT $BTC $ETH
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After a significant price decline of over 50% since May 2024, Polkadot (DOT) is now poised for a notable upside rally.
The potential reasons for this bullish speculation include recent price action, increased investor interest, and the current bullish market sentiment.
Polkadot (DOT) Technical Analysis and Upcoming Levels
According to expert technical analysis, since May 2024, DOT has followed a lower high and lower low price action pattern while facing resistance from a descending trendline.
However, with the recent price rally, DOT has broken out of this trendline, shifting the sentiment from a downtrend to an uptrend.
Based on recent price action and historical momentum, there is a strong possibility that DOT could surge by 75% to reach $7.65 in the coming days. However, DOT may encounter several resistance levels along the way: Resistance (R1) at $5.1, R2 at $5.6, R3 at $6.5, and R4 at $7.6.
However, considering the current market sentiment, it appears that DOT could easily surpass this level in the coming days.
Despite this bullish outlook, DOT is currently trading below the 200-day Exponential Moving Average (EMA) on the daily timeframe, indicating a downtrend.
Bullish On-Chain Metrics and Current Price Momentum
DOT is currently trading near $4.35 and has experienced a price jump of over 1.5% in the past 24 hours. During the same period, its trading volume dropped by 10%, indicating lower participation from traders and investors compared to the previous day.
Besides small price changes, on-chain metrics further support DOT’s positive outlook. According to on-chain analytics firm Coinglass, DOT’s long/short ratio currently stands at 1.07, indicating strong bullish sentiment among traders.
#Polkadot #Dot #FedRateStrategy #CryptoNews $DOT $BTC $ETH
Umar Armani:
not now .?
in January can ... hit 🎯