September 02, 2022

Polkadot Fluctuates Above $6.80 Support as Demand Dries up at a Recent High

Polkadot (DOT) Long-Term Analysis: BearishPolkadot’s (DOT) price is in a downtrend as demand dries up at a recent high.Since August 26, the cryptocurrency has been fluctuating between $6.80 and $7.50 price levels. On the upside, if buyers break above the resistance at $7.50, Polkadot will ris...

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August 26, 2022

Polkadot Trades Marginally as It Faces Rejection at $7.78

Polkadot (DOT) Long-Term Analysis: BearishPolkadot’s (DOT) price is making an upward correction as it faces rejection at $7.78. The price movement has been insignificant because of the presence of small body candlesticks called Doji and Spinning Tops. On the upside, if the bulls break above t...

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August 20, 2022

Polkadot Upward Correction Faces another Rejection at $7.46

Polkadot (DOT) Long-Term Analysis: BearishOn August 19. Polkadot’s (DOT) price plunged to the low of $7.23 as it faces another rejection at $7.46. For the past 24 hours, the decline has subsided as the altcoin resumes upward. The current decline was buyers’ failure to keep the price above the...

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August 14, 2022

Polkadot Returns From the Recent High as It Risks Decline to $7.62

Polkadot (DOT) Long-Term Analysis: BullishOn August 10, Polkadot’s (DOT) price rallied to the high of $9.64 as it risks decline to $7.62. For the past 48 hours, the altcoin has been fluctuating below the $10 resistance zone. The cryptocurrency is likely to further rise to the upside. On the u...

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August 06, 2022

Polkadot Is Overbought as It Challenges Resistance at $9.20

Polkadot (DOT) Long-Term Analysis: BullishPolkadot’s (DOT) price is in an uptrend as it challenges resistance at $9.20. Since July 31, the uptrend has been hindered by the resistance at  level $9.20. Further upward move of the coin is doubtful because the altcoin is trading in the overbought ...

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July 30, 2022

Polkadot Faces Stiff Resistance as the Altcoin Rallies to $8.84 High

Polkadot (DOT) Long-Term Analysis: BullishPolkadot’s (DOT) price is in an upward correction as the altcoin rallies to $8.84 high. The current uptrend has reached the high of $8.57 price level. The current price level is the resistance level of June 15. On June 15, the altcoin was restrained b...

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July 22, 2022

Polkadot Is Confined to a Range as Bulls Make Effort to Breach the $8 High

Polkadot (DOT) Long-Term Analysis: BearishPolkadot’s (DOT) price is in a downward correction as bulls make effort to breach the $8 high. The bulls broke the 21-day line SMA but failed to break the 50-day line SMA. Because of that, the cryptocurrency is fluctuating between the moving average l...

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July 15, 2022

Polkadot Is an Upward Correction as It Resumes Selling Pressure at $6.75

Polkadot (DOT) Long-Term Analysis: BearishPolkadot’s (DOT) price is in a downward correction as it resumes selling pressure at $6.75. On July 12, the DOT price broke the previous low to reach the low of $6.26 as bulls bought the dips. The cryptocurrency has recovered above the current support...

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July 08, 2022

Polkadot Struggles Below $7.40 as It May Further Decline

Polkadot (DOT) Long-Term Analysis: BearishPolkadot’s (DOT) price is in a downward correction but it may further decline to the dowside . A break above the 21-day line SMA will propel Polkadot to rise to the previous highs of $10 and $12. Today, the bulls are retesting the 21-day line SMA to b...

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