A crucial horizontal area rejected the Polkadot (DOT) price, while the Kusama (KSM) price reclaimed its own horizontal level. Polkadot (DOT) Price Falters After Rejection The DOT price has fallen since reaching its yearly high of $7.90 on Feb. 19. The decrease was preceded by a bearish divergence in the daily RSI. It led to … Read more
The Polkadot (DOT) price and the Kusama (KSM) price are trading slightly above crucial horizontal support levels. Whether they bounce or break down could determine the future trend’s direction. Polkadot (DOT) Price Attempts to Find Support The Polkadot price has decreased below a descending resistance line since Aug. 2022. The downward movement led to a low … Read more
The Polkadot (DOT) price created a bullish engulfing candlestick last week suggesting that further gains await. The Polkadot price has increased since breaking out from a descending wedge on Jan. 13. The upward movement led to a high of $7.90 on Feb. 19. Despite the increase, the price failed to break out above the resistance … Read more
The Polkadot (DOT) price broke out from a descending wedge, while the Kusama (KSM) price broke out from a descending resistance line. Both are expected to increase in Feb. Polkadot Price Looks Ripe for Continuation On Jan. 13, the DOT price broke out from a descending wedge. Previously, the wedge had been in place since … Read more
The Polkadot (DOT) price broke out from long- and short-term resistance levels. However, it has yet to confirm its bullish trend reversal. The Polkadot price had fallen under a descending resistance line since its all-time high of $55.10 in Nov. 2021. The decrease led to a minimum price of $4.22 in Dec. 2022. The descending … Read more
The Polkadot (DOT) price is trading at a confluence of resistance levels at $5.10. A breakout above this area would confirm that a bullish reversal has begun. The Polkadot price had decreased under a descending resistance line since Nov. 2021, when it reached a maximum price of $55.10. The downward movement led to a minimum … Read more
The Polkadot (DOT) price bounced on Dec. 29 and is moving toward a confluence of resistance levels at $5.10. The daily RSI readings supports the bounce. The Polkadot price has fallen inside a long-term descending wedge since June 13. The decrease led to a minimum price of $4.22 on Dec. 29, before a bounce ensued. … Read more
The Polkadot (DOT) price broke down from long- and short-term support levels, indicating that it is still in a bear market. The Polkadot price had decreased under a descending resistance line since Nov. 2021, when it was trading at an all-time high of $55.09. The DOT price reached a low of $4.41 on Dec. 21. … Read more
The Polkadot (DOT) price has generated bullish divergences in multiple time frames. While such divergences often precede upward movements, one has yet to occur. The Polkadot price has fallen below a descending resistance line since its all-time high of $55.09 in Nov. 2021. So far, the DOT token price fell to a low of $5 … Read more
Layer 2 solutions like Polygon have created a significant stir in the crypto sector in 2022. Partnerships, integrations, and even development activity have helped the network remain afloat. But there are some concerns as well. 2021 was mostly about meme coins, non-fungible tokens (NFTs), and layer 1 (L1) projects. But in 2022, layer-2 scaling solutions … Read more
