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
The Polkadot (DOT) price is trading in a bullish pattern. There is a confluence of resistances at $6.80. Whether the DOT price breaks out or gets rejected there will determine the future trend. The Polkadot price has fallen underneath a descending resistance line since reaching an all-time high of $55.09 in Nov. 2021. The line … Read more
The Polkadot (DOT) price is trading inside a corrective pattern. A breakout from it could trigger a 50% price increase. The Polkadot price has fallen since reaching an all-time high price of $55.09 in Nov. 2021. The downward movement led to a low of $5.32 in Nov. 2022. The low was slightly below the $5.90 … Read more
The Polkadot (DOT) price has yet to break out from long-term resistance levels in the weekly time frame. However, the daily chart supports the beginning of a bullish reversal which could then continue in the weekly time frame. DOT has fallen underneath a descending resistance line since reaching an all-time high price of $55.09 in … Read more
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
