Polkadot gains 75% in one week — But can DOT price reach $20 next?
The price of DOT is getting close to $20 but a pullback shouldn't be ruled out after such a strong rally. Bitcoin (BTC) has made significant moves already this year but altcoins are catching up. Once Bitcoin’s price starts to stabilize, the market environment becomes better for altcoins to begin their run. One of the strongest performers in 2021 is Polkadot, as this cryptocurrency has been making new all-time highs day in, day out. Polkadot’s price rallied by 85% in 2021 and 75% in the past seven days, surpassing XRP in market capitalization. DOT price eyes $20 or higher after this....
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The price of Polkadot’s native token hit an all-time high (ATH) this week, soaring above $30, as the company laid out the next steps of its plans and the systems to finalize the network launch. Polkadot Roadmap Outlines Layer 0 Deployment Initiatives Polkadot released a roadmap highlighting that it is currently in its Rococo phase, the first of three major phases until the network goes live. Here is a breakdown of the roadmap. Rococo Testnet Rollout Polkadot (DOT) plans to continue with its launch of parachains, also referred to as application-specific data structures. These....
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 […]
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....
Polkadot price has registered a bullish revival on their 24-hour chart. Over the past day, DOT logged double-digit gains. In the past week, the altcoin has lost close to 3% of its market value. The major market movers have turned optimistic today, and most altcoins have followed suit. The technical indicator of Polkadot has registered bullish signals on the one-day chart. The demand for the altcoin has increased, which has made the coin register more buyers on the chart. The coin has to continue cruising up to move past the immediate resistance level. The move past the immediate resistance....
Polkadot price had touched the $8 price level before the bulls lost steam and fell on the one-day chart. DOT travelled 3.6% lower in the last 24 hours on its chart. Over the past week, DOT had gained some value, but most of that was nullified at press time. The Polkadot price was making a recovery over the last two days as it had declined before that. Buyers had stepped in during the recovery period. At the time of writing, however, buyers had exited the market again. The technical outlook for the coin was bearish, with sellers taking over the market. The support zone for Polkadot price....