Polkadot (DOT) Price Slides to New Yearly Low, Bearish Sentiment Remains Strong

Polkadot (DOT) price is showing some bullish signs in the short-term. However, the long-term readings remain firmly bearish. The weekly price chart shows that the Polkadot price has been decreasing underneath a descending resistance line since reaching an all-time high price of $55.09 in Nov. 2021. The line was validated once more in April 2022.  … Read more

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: What Web3 Platforms can Learn From the Multichain Network

Polkadot: Web3 and blockchain projects are taking a hard look in the mirror as the crypto winter passes through every corner of the industry, says James Wo, Founder and CEO of Digital Finance Group. Despite this, Web3 has a stark advantage over other crypto sectors: It’s working toward a concrete goal, which is the complete … 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) Volume Dips More than $187B in Quarterly Low

Negative crypto market sentiment has seen Polkadot trading volume fall steeply in the first quarter of the year.  Sponsored Sponsored Polkadot, like many cryptocurrencies, attracted relatively lower investor interest in the first quarter this year compared to the same period in 2021.  Sponsored Sponsored Polkadot trading volume during the first quarter of this year was … Read more

Polkadot (DOT) Regains Footing After 64% Drop Since All-Time High

Polkadot (DOT) has been moving upwards since Feb 24 and has created two higher lows so far. It is following a short-term ascending support line. Sponsored Sponsored DOT has been decreasing since reaching an all-time high price of $55.09 on Nov 4.  The downward movement caused the price to return to the $17 horizontal support … Read more

Polkadot (DOT) Bounces After Reaching New Yearly Low of $14.05 on Feb 14. 

Polkadot (DOT) has generated several bullish divergences while trading inside a crucial support area, suggesting that a bounce could follow soon. Sponsored Sponsored DOT has been falling since reaching an all-time high price of $55.04 on Nov 4. The downward movement led to a low of $14.05 on Feb 14.  Sponsored Sponsored The low seemingly … 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