Polkadot (DOT) Price Pumps on Tether News, Breakout Looking Likely

Polkadot (DOT) could validate a long-term bullish pattern with a breakout from a short-term descending wedge. On Sept. 23, Tether announced that it was launching on Polkadot. This provides a stable currency in order to move in and out from the network. This means that USDT can now be minted in the Polkadot blockchain. Paolo … Read more

Polkadot (DOT) Could Bounce if It Holds Above This Support Area

Polkadot (DOT) is trading inside an important support area. It is showing bullish signs in the short-term, meaning that it could soon initiate an upward movement. Polkadot is a well-known cryptocurrency that is currently ranked number 11 based on its market capitalization. It is a platform that allows users to develop their own blockchain, which … Read more

Polkadot (DOT) Bounces and Validates Long-Term Support

Polkadot (DOT) is at a crucial level in its long-term pattern, a movement above which could be the catalyst for a significant bullish trend reversal. DOT has been falling underneath a descending parallel channel since reaching an all-time high price of $55.09 in Nov. The downward movement has so far led to a low of … Read more

Polkadot (DOT) Consolidates Just Above $27 Support

Polkadot (DOT) has bounced at an important support area and is showing bullish reversal signs. However, it has to break out from its short-term descending resistance line in order to confirm the reversal. Sponsored Sponsored DOT has been falling since Nov 4, when it reached an all-time high price of $55.19. The ensuing drop suggests … Read more

Polkadot (DOT) Could See Potential Breakout from September Highs

Polkadot (DOT) has broken out from a short-term descending resistance line, putting an end to a downward movement that had been going on since Sept 14. Sponsored Sponsored It is currently gearing up for an attempt at moving above its September highs and potentially a new all-time high price. DOT moves towards resistance DOT has … Read more

Polkadot (DOT) Readies For Breakout While Ecosystem Tokens Flourish

Polkadot (DOT) is following an ascending support line and has bounced at the $29 horizontal support area. Sponsored Sponsored Ankr (ANKR) has broken out from a long-term descending parallel channel and validated it as support afterwards. Celer Network (CELR) reached an all-time high price on Sept 26 but was rejected shortly afterwards. Sponsored Sponsored DOT … Read more

DOT Nearly Goes Parabolic, ANKR & KSM Could Soon Follow

Polkadot (DOT) is moving towards the $41.35 resistance area while following a parabolic ascending support line. Sponsored Sponsored Ankr (ANKR) has broken out from a long-term descending parallel channel. Kusama (KSM) has broken out from a descending resistance line. Sponsored Sponsored DOT DOT has been increasing alongside a parabolic ascending support line since July 20. … Read more

BTC, ETH, XRP, LUNA, DOT, UNI, ANKR – Technical Analysis Sept. 1

Bitcoin (BTC) is in the process of breaking out from a descending parallel channel. Sponsored Sponsored Ethereum (ETH) has broken out from the $3,375 resistance area. XRP (XRP) is trading inside a symmetrical triangle. Sponsored Sponsored Terra (LUNA) reached a new all-time high price on Aug. 29. Polkadot (DOT) and Uniswap (UNI) have reclaimed horizontal … Read more

DeFi Tokens Rebound as BTC Stabilizes

Here we take a look at three DeFi coins, Serum (SRM), Polkadot (DOT), and Kava.io (KAVA). Serum (SRM) has broken out from a descending resistance line and validated it as support afterward. Polkadot (DOT) has broken out from a descending resistance line but is facing resistance at $39.50. Kava.io (KAVA) is attempting to reclaim the … Read more