Polkadot flips demand zone to resistance, what’s next for DOT on the charts

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The bullish order block was flipped to a bearish breaker The higher timeframe market structure was bearish after the move below $5.73 recently Polkadot fell right beneath the $6.3 region of support on 9 … Read more

Polkadot: Reasons DOT’s latest dip could turn into a buying opportunity

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Polkadot pulls back to the 78.6% retracement level Two lower timeframe support zones to watch out for in the near-term On lower timeframes, Bitcoin [BTC] had a bearish outlook after its inability to defend … Read more

Going long on Polkadot? You might want to consider these developments first

Polkadot, with its recent introduction of nomination pools, allowed users to stake with just one DOT. However, despite making Polkadot staking more accessible to users, the number of stakers continued to decline. 17/ Just 4 days after nomination pools launched on Polkadot, there are 64 pools to choose from, reaching the maximum number of pools … Read more

Cardano [ADA] may be leading on this front, but on others…

With 622 daily average GitHub commits, Cardano [ADA] is now leading other blockchains with the most development activity in the last 30 days, new data has revealed. Here’s AMBCrypto’s Price Prediction for Cardano [ADA] for 2023-24 Top Projects by average daily development activity on #GitHub in the last 30 days$ADA $KSM $DOT $ATOM $MANA $SNT … Read more

Why Polkadot [DOT] is slated to dash for some more upside

Last week we saw Polkadot’s native cryptocurrency DOT pull off its sharpest bullish pivot since July. It is thus unsurprising that analysts might expect or hope for another major rally especially after it recently retested its lower range. Here’s AMBCrypto’s price prediction for DOT But are DOT rally expectations still grounded in reality especially given … 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

How Polkadot [DOT] investors can look to buy a dip here

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice A rising wedge pattern was spotted for Polkadot Bearish order block heightened the likelihood of a pullback Polkadot [DOT] has seen a strong recovery from the $5.8 zone over the past week. Technical indicators revealed … Read more

More DOT holders can become stakers with these new developments

With the most recent proposal, Polkadot has shown that it is committed to preserving the value of all DOTs on the network. Referendum 78 is a proposal that was put forth by Polkadot that would allow for the establishment of nomination pools on Polkadot.  Here’s AMBCrypto’s Price Prediction for Polkadot(DOT) for 2022-2023 Stakers of various … Read more

Polkadot registers spike in USDT revenue; what could it mean for traders

Polkadot [DOT] recently released the latest edition of its weekly digest, which mentioned all the notable developments that happened in the ecosystem over the last week. All of the developments looked quite promising as they helped increase the capabilities of the network while adding more value to it.  Here’s AMBCrypto’s Price Prediction for Polkadot (DOT) … 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