Polkadot sees a bounce from $7.5 but can bulls bet on further gains

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice alt HD: Some respite for Polkadot on the price charts, can buyers follow through in the coming weeks? The development activity of Polkadot has steadily risen in the months of April and May, even as … Read more

Polkadot: Why DOT can be expected to lead the upcoming bull run

Polkadot’s native cryptocurrency DOT has so far managed to remain on the list of top 20 cryptocurrencies by market cap. The latest market events have forced investors to re-evaluate their portfolios in favor of digital currencies that have strong fundamentals, but does DOT fit these criteria? Polkadot’s multi-chain approach can provide better insights into whether … Read more

Polkadot: Should DOT investors expect a rally in the face of a dead cat bounce

The entire crypto market is trying to recover from the recent crash. However, in the case of the Polkadot token, after breaking out of a symmetrical triangle pattern on 17 May and trading above the $10 level, the bears appeared to have spotted the coin. How so? After recording a high of $11.29 during intraday … Read more

Polkadot [DOT] enters critical support level, should investors bet on it

DOT is still bleeding as the bear market extends for yet another week, with no sign of slowing down. This has especially been the case in the last two days during which selling volumes increased after failing to bounce back. Now the cryptocurrency is closing in on yet another support and resistance level near $7, … Read more

DO[n]T give up traders as Polkadot’s developer activity is among the…

Polkadot [DOT] certainly provided more than its fair share of drama and news during the parachain slot auctions. However, as the excitement dies down and the market struggles to recover from multiple crashes and macro-level setbacks, how has the #14 biggest crypto by market cap been faring? At press time, DOT was dotting wallets at … Read more

Polkadot [DOT] yields some upside after a bearish run: Here’s what to look out for

DOT delivered a healthy 6.5% uptick on 1 May after concluding a bearish month in April, which ended with an extended downside. The uptick might be a sign that DOT is ready to deliver a healthy recovery rally. However, its current performance suggests that it is still being held back by the prevailing uncertainty. DOT … Read more

Bitcoin: Revising the odds of BTC hitting $372K after latest correction

The last six months haven’t been the best for Bitcoin, with the king coin’s performance keeping most altcoins subdued as well. With minimal hikes every now and then, followed by dips that invalidate them, Bitcoin has been leading the entire market down a spiral. The last 30 days perfectly illustrate the same. Bitcoin – Did … Read more

Polkadot: Can its Parachains present the case for a recovery on the charts

Polkadot investors have been in a difficult situation for a while now. And with the emerging developments, it may look like they are helping their case, in actuality,  aren’t. And that case is Polkadot’s Parachains. Polkadot’s value The Polkadot ecosystem brought forth a new element to the crypto space with the Parachains, which just yesterday … Read more

Polkadot: Estimating the probability of a pullback with tips for traders

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Polkadot formed a rising wedge pattern, which generally sees the price drop toward the base of the pattern. This was on lower timeframe price charts, which meant that a pullback could be a decent buying … Read more

How Polkadot managed to remain bullish while broader markets saw fear

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice A recent report explored whether Polkadot formed a cup-and-handle pattern and was preparing for a sharp move upward. The selling pressure across the market in the past few days ensured that such a move did … Read more