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Bitcoin and altcoins are seeing heavy selling as today's massive unwinding could be the final capitulation-level event before the market finally hits a bottom.
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Polkadot price analysis shows the market is still in a bearish trend as prices have not been able to move sustainably above the $7.00 level. The next area of support is around the $6.61 level where the price has found some buyers in recent days.
Kusama KSM/USD, Basic Attention BAT/USD, and Polkadot DOT/USD are some of the best cryptocurrencies that you can get this week, starting on June 13, 2022. Last month, on May 30, Kusama announced the release of runtime v0.9.22, which added Nomination Pools to the network and raised overall interest in it. On June 10, 2022, NEAR […] The post Top 3 coins to watch this week appeared first on Invezz.
Polkadot price analysis shows an extremely bearish market trend as the price began trading in a sloping channel. Within the last 24-hours, DOT prices have declined by 11.26 percent and are currently trading at $7.64.
DOT price is sliding downwards in a narrow Price channel of about $5.85 – $9.43. However, this move started in May and generally continued till [.
As the rest of the cryptocurrency market traded flat during trading hours on 10 June, Polkadot (DOT) saw some growth in its price. The DOT token registered an intraday high of 5% during trading hours.
Positioning itself as the DOGE substitute, Musche (XMU)has an ulterior motive to establish itself as the currency of the metaverse that is safe to use both offline and online in the real world. This agenda to overcome the successful Dogecoin (DOGE)marks Musche (XMU) as a highly ambitious coin; which is a reassuring quality for new-investors who can rely on a project with a strong team behind them to push them to further heights.
Today's Polkadot price analysis reveals the prices are on a prevailing downtrend that has been seen since yesterday's market rally. The 5.37 percent drop in prices has taken DOT down to $8.59 from the intraday high of $9.11 that was seen yesterday.
The price of Polkadot (DOT) is in a downward correction as the altcoin consolidates above $8.00 support. Currently, the current support has been holding since May 12. On June 7, the altcoin resumed trading between $8.90 and $9.40.
The price of Polkadot (DOT) has declined over the last 24 hours.
BTC and altcoins are on the verge of falling below critical support levels, and today's higher than expected CPI report isn't helping.
The cryptocurrency market continues to experience turbulent conditions. Having enjoyed a little jump earlier in the week, the market's total cap is now down again.
Polkadot price analysis shows that the market is in a consolidating phase. The DOT/USD pair is trading between $9.06 and $10.
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Polkadot price analysis shows that the digital asset is currently in a consolidation phase after a sharp sell-off from highs of $9.68.The digital asset fell to lows of $8.9 before finding support and bouncing off slightly. The market is currently trading at $9.1 and is up by 0.88 percent in the last 24 hours according.
Coinspeaker Polkadot Opens Applications for Upcoming Hacker House Event
Polkadot price is up by 3 percent today and is likely to continue with the upward push throughout the trading session.
Polkadot price analysis is highly bearish today, as price began a fresh downward descent after continuing along a horizontal pattern since June 3, 2022. DOT price faced continued rejection below the $10 mark and declined more than 4 percent over the past 24 hours to reach as low as $8.94.
Bitcoin and altcoins are losing bullish momentum and persistent selling at overhead resistance suggests that the current consolidation is far from over.
Let's assume someone presents DOT's daily price chart but only from mid-May to now. You would be mistaken to think that it is a stablecoin if you didn't know better.
The crypto-market lost $62 billion today as most cryptocurrencies registered a decline. However, Polkadot was one of the few to stand out as the altcoin lost more than just 5%.
The Polkadot price prediction may find a halt at the support level of $9 as the price is down by 4.93% over the last 24 [...]
