What Polkadot Price Needs to Break Bearish Trend

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

Polkadot (DOT) Price Shows Potential for Brief Rally, but Only if It Holds This Support Area

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

Can Polkadot solely rely on its development activity for a bullish November 

Polkadot [DOT] has been in the spot light for quite some time now owing to its high development activity. DOT made headlines once more for the same reason, as it ranked second among crypto projects in terms of development activity in the last 30 days, only behind Cardano [ADA]. ⚡️Top #Crypto Projects by Developer Activity … Read more

Polkadot (DOT) Price Closes Most Bullish Week Since July – Will it Keep Up Momentum?

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 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

Reasons DOT may be on the investor radar despite FUD around its management

Polkadot, the blockchain known for a vast number of developments, witnessed an uptick in its volume over the past few days. The blockchain managed to show this kind of growth despite the general FUD surrounding its change in management. I’m happy to announce that Parity co-founder Björn Wagner will step up to the role of … Read more

Polkadot (DOT) and Kusama (KSM) Fall to Historic Lows, but Increase Decentralization

Despite the bearish price action, the Polkadot (DOT) network continues to grow rapidly. Today, data was published on staking improvements and the so-called Nakamoto coefficient. The latter measures the level of blockchain decentralization, which remains higher in Polkadot than in Ethereum (ETH), BNB Smart Chain (BNB), or Cardano (ADA). Unfortunately, despite the high performance and … Read more

Polkadot [DOT] may be on a short bullish sprint thanks to these developments 

Polkadot [DOT] and Cardano [ADA] blockchains are known for their intense developer activity and focus on building their technology. However, this time around, the case may be a little different. According to a recent Santiment tweet published on 27 September, DOT surpassed ADA in terms of non-spam submissions to their GitHub.  According to Santiment over … 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

DOT may move to double-digits soon thanks to this Polkadot staking protocol

Bifrost finance, a leading parachain on Polkadot [DOT], posted a tweet  on 18 September. The tweet stated that Polkadot’s new staking protocol witnessed considerable growth with 121,551 vDOT successfully minted (tokens). And all this just within 30 hours of  the launch of vDOT.  However, the question remains: Will the success of this protocol impact DOT’s … Read more