Polkadot Price Watch: What A Drop In This Key Area Can Mean For DOT?

Polkadot Price Watch: What A Drop In This Key Area Can Mean For DOT?

OK Polkadot (DOT) – which is seen to be on a winning streak in terms of social media metrics and development activity  – has been on a retreat recently. DOT social media metrics nosedives  Polkadot’s decline in developer activity could leave a bad taste in the mouth of investors DOT’s NFT volume off to as high as 1.64 million on September 24  Is this sudden drop in both metrics just a temporary hiccup or could be a warning signal to investors? Judging by the chart below, DOT price was seen to have nosedived in terms of development activity in the past few days. It’s surprising....


Related News

Bitcoin Price Analysis: Week of April 12 (Bearish Times)

Bitcoin price has continued experiencing downside pressure and as of this writing the price looks headed for a retest of the 200 area. Last week’s recap: Needless to say, US$240 broke. Let’s look at the 3 trends for clues as to what lies ahead. “If US$240 doesn’t hold, the US$220 area could provide minor support, but U$200 would more likely be an area to watch for bigger support. If it fails to hold, a retest of the lows (US$165-180) will certainly be the next area to watch […].” The 1 year chart (long term) of bitcoin remains bearish. Price continues to decline. The price remains below....

Quant (QNT) Gains In Value Daily When Many Top Coins Bleeds

Major crypto assets are not showing any significant upside in price. As such, it is hard to keep track of the top gainers in the crypto market. Still, a coin has shown impressive price action over major crypto assets. The past week has been interesting for Quant ($QNT) despite the cryptocurrency market’s fall in price. $QNT is one of the few tokens to increase despite top coins bleeding. Considering this chart, the overall price movement for QNT looks exceptionally bullish. Related Reading: Polkadot Price Watch: What A Drop In This Key Area Can Mean For DOT? This article provides technical....

Polkadot Bullish: Best Presales to Watch as the Market Gains Strength

Polkadot ($DOT) is leading the charge as one of the few altcoins defying the bearish trend currently taking over the crypto industry.  Despite market volatility, Polkadot has managed to hold strong above the $4.8 support level, with a bullish uptick of around +10% in the last week.  This has investors buzzing with optimism as bulls […]

Polkadot Dev’t Activity Up In Last 7 Days, Despite Steady Drop In DOT Price

As the price drops to $7.55, the Polkadot (DOT) price analysis suggests that the trend is still bearish. Polkadot price analysis reveals a downward trend DOT/USD has looked for support at roughly $7.49 DOT/USD  is encountering resistance at $7.74 Previously trading at about $7.74, Polkadot is now looking for support at about $7.49. The price of DOT/USD is still facing resistance at $7.74, but if it drops below $7.49, it might find support at $7.32. and $7.05. If it declines below that, it might find support there. Around these levels, Polkadot might feel some selling pressure, but if it....

Ethereum Price Technical Analysis for 08/01/2016 - Watch out for this Pullback!

Ethereum price might be ready to resume its drop to its previous lows or much lower after correcting to an area of interest. Ethereum price had been moving inside a range between resistance near 0.00230 and support at 0.00215 before breaking to the downside. Price dipped to a low of 0.00205 before showing signs of a pullback. Using the Fibonacci retracement tool on the latest swing high and low shows that the 50% level lines up with the broken support, which might now hold as resistance. Ethereum price might be ready to resume its drop to its previous lows or much lower after correcting to....