Polkadot (DOT) Could Incur Strong Correction as Macro Support Nears
It’s been a tough past few days for all altcoins. Polkadot (DOT), especially, has suffered. The native digital asset of the Polkadot ecosystem has shed a few percent in the past 24 hours but is down 10% from its weekly highs. The cryptocurrency’s correction comes as Bitcoin, Ethereum, and especially altcoins have inched lower. While […]
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Polkadot’s DOT remained strong above the $25.00 support zone against the US Dollar. It is now trading nicely above $28.00 and it may soon surpass the $30.00 resistance zone. DOT started a fresh increase after a minor correction towards the $25.00 support against the US dollar. The price is trading nicely above the $28.00 support […]
Bitcoin has sustained a strong correction since its $19,600 highs seen earlier today. The coin currently trades for $17,300, down approximately 12% from those highs. Some have suggested the coin could drop lower toward $16,000 in the days ahead. Macro charts show that $16,000 is where Bitcoin may find serious support. Bitcoin Undergoes Strong Drop From Previous Highs Bitcoin has sustained a strong correction since its $19,600 highs seen earlier today. The coin currently trades […]
As the launch date for parachains nears, a new initiative is constructing a decentralized finance (defi) index token that tracks Polkadot projects aimed at helping investors diversify their holdings through a single instrument. Six Projects Provide Soft Commitments to Join Polkadot Index Network Token The growing interest in Polkadot and its novel parachains has seen the blockchain’s native token become the source of frenzied speculation over the last few months, joining the list of the top ten cryptocurrencies by market capitalization. Now, with approaching parachain launches for....
Polkadot’s DOT started a strong surge and cleared $20.00 against the US Dollar. It is trading with a strong bullish angle and it is likely to accelerate higher towards $24.00 or $25.00. DOT rallied above $18.80 and $20.00 resistance levels against the US dollar. The price is trading nicely above the $20.00 support and he […]
There’s no stopping Polkadot (DOT) price as it continues to locomote up. It’s the second consecutive day of winning streak for Polkadot as it spiked by 15% in gains. According to CoinMarketCap, Polkadot (DOT) price is currently up by 5.92% or at $8.02. It currently has a total market cap of 7,916,976,700 as of this writing. DOT price has experienced sustained and robust buying pressure after touching on lows on Tuesday at $6.52. The coin has successfully bounced back from the $6.50 support line. Can DOT Spike To $8.50? The coin has recovered steadily as seen in the past two sessions and....