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Crypto is bouncing back, but will it last?

Polkadot price analysis shows that the value has started today's session on a bullish note as it highs up to the $7.50 mark. The value is currently testing the resistance at $7.60, and a breakout above this level could see DOT/USD increase towards the $8 mark.

Polkadot [DOT] just concluded one of the crypto-market's most volatile weeks with a retest of support near the $7-price level. This strong support has so far prevented DOT from seeking as much downside as most top cryptocurrencies.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and shouldn't be considered investment advice Polkadot [DOT] has steadily descended over the last few months. During this phase, the six-week trendline resistance (white, dashed) has curbed recent bullish revival attempts.

TL;DR Breakdown Polkadot price analysis suggests an upwards movement to $8.25 The closest support level lies at $7.00 DOT faces resistance at the $7.75 mark The Polkadot price analysis shows that DOT has recovered to the $7.00 mark as the bulls were able to defend the $6.50 support level. At press time, the buying pressure.

The Polkadot price analysis shows bears have extended their rule, as a strong correction in DOT price is observed today. The strong support at $7.3 has crashed today as market pressure continues, and the trading volume has dropped significantly, leaving DOT looking for newer support levels below the $7 level.

On June 13, Polkadot (DOT) fell and retested the previous low of $7.18 and retreated. After retesting the previous low, the bears are eager to break it. The bulls defended the support of $7.18 last month.

The market is saturated with many cryptocurrencies, all of which are struggling for traction in a dwindling market. It is therefore also a struggle for investors to decide which coins are the best options. The market is generally down, and as much as one can think to buy coins at very low prices now, there …

Bitcoin price struggles to hold support at $20,000, and the outcome of this battle between bulls and bears will determine the next directional move.

Polkadot's price continues to fall after a downswing of 7.37% the last 24 hours.

Polkadot price analysis shows that the market is currently in a bearish trend as prices have declined by 11.26 percent in the last 24 hours. The current outlook for DOT is $7.62, which is a bearish outlook.

The Polkadot price analysis reveals that a drop in price has been observed today, which is why the market is now following a bearish trend. The cryptocurrency is covering a downwards range as the bears have been able to stop the price from going above $8.49.

Thanks to the latest integration of Chainlink oracle into the Moonbeam smart contract platform, developers in the broader Polkadot ecosystem can now access reliable price feeds as they seek to build functional DApps

As other altcoins suffered severe decimation to their prices during intraday trading on 14 June Polkadot's native token, DOT, saw some relief. The token recorded an uptick in price which was lost by the end of the day.

BTC and select altcoins notched small gains after the Federal Reserve rolled out a 75 basis point rate hike, but technical analysis suggests that further downside is the most realistic outcome.

AscendEX, a full-stack cryptocurrency exchange platform, announced today the addition of six new leveraged tokens for trading: ADA, DOGE, DOT, EOS, GALA, and LINK, set to go live June 16, 2:00 a.m. UTC. For more details on the new listings, see below: Token 3X Leverage Long 5X Leverage Long 3X Leverage Short 5X Leverage Short […] The post AscendEX lists new leveraged tokens: ADA, DOGE, DOT, EOS, GALA and LINK appeared first on CryptoNinjas.

Derek Yoo, the founder of Moonbeam, noted that the integration lets their platform provide “building blocks” to DeFi developers.

Oracle application Chainlink now supports the most active decentralized application (dApp) ecosystem on Polkadot.

Polkadot price analysis reveals a relatively bearish approach today; the price has lost some of its value. In the last few days, the price of DOT has received much negative attention and has decreased to a significant degree.

While cryptos to buy present a speculative topic, if you can handle the heat, here are some numbers-driven ideas to consider.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Like most coins, Polkadot [DOT] has been on a persistent decline over the last few months.

Polkadot price analysis remains heavily dominated by bears, as price lowered more than 4 percent today to move as low as $6.73. DOT has been subject to a severe downtrend along with the larger cryptocurrency market, shipping more than 25 percent in price since June 7, 2022.

The crypto market has been reeling since the beginning of the year due to multiple challenges but these must-buy cryptos offer tremendous upside potential.

After testing the USD 21,000 support zone, bitcoin moved higher and touched USD 23,000 before correcting lower again.  It is currently (11:44 UTC) consolidating losses near USD 22,000 and is down almost 8% in a day and 29% in a week.