February 25, 2024

Polkadot Advances as Bulls Test the $8.20 Barrier Level

Polkadot (DOT) Long-Term Analysis: Bullish Polkadot’s (DOT) price is above the moving average lines as bulls test the $8.20 barrier level. Since January 11, upward advances have been limited to the $8.20 high. Today, the altcoin is rising, reaching a high of $7.80. On the upside, if the bulls...

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February 15, 2024

Polkadot Rises but Pauses at the Historical Price Level of $7.70

Polkadot (DOT) Long-Term Analysis: Bullish The price of Polkadot (DOT) has broken above the moving average lines but pauses at the historical price level of $7.70. The cryptocurrency asset has risen to a high of $7.70 as of this writing. On the upside, the price indicator predicts that DOT will inc...

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February 07, 2024

Polkadot Resumes Bullish Ascent as It Battles the $7.00 High

Polkadot (DOT) Long-Term Analysis: BearishPolkadot (DOT) is above the $6.30 support as it battles the $7.00 high. Bulls bought the dips when the altcoin hit a $5.99 low. The upward corrective only lasted a brief while, peaking at $7.29. The moving average lines prevent the rising movements. The alt...

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January 30, 2024

Polkadot Is in a Fresh Decline as It Faces Resistance at $7.29

Polkadot (DOT) Long-Term Analysis: BearishPolkadot (DOT) is trading below the moving average lines as it faces resistance at $7.29. The altcoin has been in an upward correction for the past week, peaking at $7.29. Buyers failed to maintain their bullish momentum above the 21-day SMA. The altcoin is...

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January 27, 2024

Polkadot Starts Its Decline as It Loses the $6.53 Support

Polkadot (DOT) Long-Term Analysis: BearishPolkadot (DOT) is in decline below the moving average lines as it loses the $6.53 support. The bears breached the current support at $6.53 and resumed selling pressure. The bulls bought the dips and attempted to resume upward but have been repelled again. T...

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January 22, 2024

Polkadot Drops as It Returns to Its Prior Low of $6.53

Polkadot (DOT) Long-Term Analysis: BearishPolkadot (DOT) is trading lower than the moving average lines as it returns to its prior low of $6.53. The cryptocurrency got caught between the moving average lines during the previous price activity. On January 18, the bears broke below the 50-day SMA, re...

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January 14, 2024

Polkadot Is Stuck and Fears More Rejection at $8.57

Polkadot (DOT) Long-Term Analysis: BearishPolkadot’s (DOT) price has been caught between the moving average lines but fears more rejection at $8.57. Buyers made two unsuccessful attempts to keep the price above the 21-day SMA. Their actions would have led to continued upward movement of the c...

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January 08, 2024

Polkadot Falls Above $6.80 As Bears Try To Short Deeper

Polkadot (DOT) Long-Term Analysis: BearishPolkadot (DOT) is being rejected at the $9.58 high as bears try to short deeper. The crypto’s price briefly fell below the moving average lines on January 3 before rising again. The price of the cryptocurrency is stuck between the lines of the moving ...

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December 31, 2023

Polkadot Price Update: Rising Trend Pauses above $8.00

Polkadot (DOT) Long-Term Analysis: BullishPolkadot (DOT) is retracing as it pauses above $8.00. Today, the altcoin has dropped to a low of $8.28 and may decline further. On the downside, if DOT price retraces above the 21-day SMA, it will resume its bullish ascent. The cryptocurrency will soar once...

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