Polkadot Watch: Will DOT Succumb To Sharp Sell-off In Next Few Days?
The native token of Polkadot has dropped significantly in the last few days. The fate of DOT rests in the hands of its traders and investors as the correction period in crypto markets drags on. Based on recent price actions, some are predicting that DOT coin prices will fall to the $6 per coin support level. Some analysts believe sellers have the upper hand as the 20-day exponential moving average ($7.38) is curving down and the relative strength index (RSI) is in the negative zone. The key support for the DOT/USDT pair is at $6 if the bears lose their grip, and the price drops below....
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Serum (SRM) has struggled against tether (USDT) in recent weeks, rising above $0.8 as the price of Serum (SRM) remains range-bound. For weeks, the price of Bitcoin (BTC) fluctuated between $19,500 and $20,000, with the price stalling on the next movement. Most altcoins, including Serum, have been affected by this choppy movement (SRM). (Source: Binance) Related Reading: Polkadot Watch: Will DOT Succumb To Sharp Sell-off In Next Few Days? Serum (SRM) Price Analysis On The Weekly Chart The price of SRM has had difficulty replicating its recent bullish move, which saw the price rally to $3.5....
Polkadot (DOT) is experiencing a sharp price correction for the past days, painting its charts in red as it continues to struggle to find a solid footing and start climbing once again. At press time, tracking from Coingecko shows the crypto is trading at $6.11, going down by 1% over the last seven days, 5.1% for the past two weeks and by 4.6% over the last month. Furthermore, forecast from cryptocurrency data provider Coincodex points at a massive decline for Polkadot. While the altcoin in seen to slightly increase its value over the next five days to $6.18, it is bound to fall down all....
Bitcoin underwent a sharp sell-off on Monday, two days after it reached a three-year high above $14,000.
Ethereum has been taking a beating throughout the past few days as all eyes closely watch Bitcoin The crypto has been severely underperforming BTC as of late, with the benchmark digital asset seeing a sharp rise in market dominance as altcoins stagnate This could be due to ETH and other alts lagging, which would indicate that a sharp move higher is imminent in the near-term One analyst is noting that a reclaim of $410 is […]
Polkadot’s DOT surged towards $18.50 before correcting lower against the US Dollar. It is holding gains above $15.00 despite a crash in bitcoin and Ethereum. DOT rallied above $12.00 and $15.00 before it faced sellers near $18.50 against the US dollar. The price is trading nicely above the $15.00 support and he 100 simple moving […]