April 09, 2023

Polkadot Faces Stiff Rejection at $6.50 as It Re-Intensifies Its Decline

Polkadot (DOT) Long-Term Analysis: BearishThe price of Polkadot (DOT) is decreasing as it re-intensifies its decline. Price is probably going to keep falling below moving average lines. During the previous price action, buyers failed twice to break through the resistance at $6.50. The cryptocurrenc...

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April 02, 2023

Polkadot Is in a Positive Trend as It Revisits the $6.50 High

Polkadot (DOT) Long-Term Analysis: BullishPolkadot (DOT) price is constrained by moving average lines as it revisits the $6.50 high. The rising movement has twice been halted as it tries to overcome the $6.50 resistance level and the 50-day SMA. At the time of writing, the cryptocurrency asset is t...

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March 26, 2023

Polkadot Recovers but Battles the Resistance at $6.10

Polkadot (DOT) Long-Term Analysis: BearishThe price of Polkadot (DOT) has crossed over the 21-day moving average line but battles the resistance at $6.10. The altcoin is now trading at $6.07 at the time of writing. The DOT price is above the 21-day SMA even though it is below the 50-day SMA. It is ...

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March 18, 2023

Polkadot Is on the Rise as It Targets the $7.93 High

Polkadot (DOT) Long-Term Analysis: BearishThe price of Polkadot (DOT) has broken above the moving average lines as it targets the $7.93 high. At $6.59, the altcoin is trading above the moving average lines. The cryptocurrency asset is currently trading in an overbought area as it faces rejection. O...

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March 11, 2023

Polkadot Is in a Decline but Bounces above the $5.00 Support

Polkadot (DOT) Long-Term Analysis: BearishPolkadot (DOT) is now only $5.30, a record low as it bounces above the $5.00 support. The price of cryptocurrencies has crossed both the moving average line and the $6.00 support line. The altcoin is attempting to break through the $5.00 support once more d...

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March 04, 2023

Polkadot Is Falling as Sellers Threaten To Short Below $5.79

Polkadot (DOT) Long-Term Analysis: BearishPolkadot (DOT) is trading below the moving average lines as sellers threaten to short below $5.79. The cryptocurrency asset has fallen to the low of $5.78 as bulls bought the dips. However, the selling pressure has continued despite the upward correction. T...

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February 25, 2023

Polkadot Is in a Decline as It Targets the $6.00 Low

Polkadot (DOT) Long-Term Analysis: BearishPolkadot (DOT) is trading in the bearish trend zone as it targets the $6.00 low. The $7.50 barrier level was a point of rejection for the DOT price on February 21. The price of the cryptocurrency is now higher than the 50-day line SMA but below the 21-day l...

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February 20, 2023

Polkadot Retraces but Holds below the $7.50 High

Polkadot (DOT) Long-Term Analysis: BullishPolkadot (DOT), which surged to a high of $7.88, is currently trading below the $7.50 high. The price level right now corresponds to the historical price level from September 9, 2022. If buyers can sustain the price above the $8.00 resistance level, the alt...

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February 10, 2023

Polkadot Declines above $6.00 as It Poises To Bounce in a Range

Polkadot (DOT) Long-Term Analysis: BullishPolkadot (DOT) cost is dropping as it poises to bounce in a range. The current slump is probably going to get worse. The DOT price fell to its previous low of $6.00 as the price of the cryptocurrency sank beneath the moving average lines. Currently, the mov...

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