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To complement the ongoing hackathon, Polkadot will host a networking event.

BTC and altcoins flashed green at the weekly open, but overhead resistance levels will continue to pose a challenge in the short-term.

After a tough weekend, the week is off to a hot start in the world of cryptocurrencies.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. After flipping one-eighty from its early-April highs, Polkadot (DOT) has been on a persistent decline over the last two months.

Polkadot price analysis shows a bullish trend after prices opened the daily trading session at $8.96 on June 6. Following a few hours of sideways trading, prices started to move higher and reached the $9.71 mark at the time of writing.

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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.

Investors shifting away from Ethereum Cryptocurrency investors have been steadily shifting away from Ethereum since March, according to CoinShares' Digital Asset Monthly Fund Manager Survey, while transferring funds to these three cryptocurrencies, which have potential positive spurs shortly. Moreover, the research showed that Bitcoin positions “have moved little” as investors “are progressively adding to altcoins.

The Polkadot price prediction could set a bullish run if the market attempts to climb back above the resistance level of $10. Polkadot Prediction Statistics [.

Polkadot has been struggling below the $10 price level in today's market. However, DOTUSD has been on a generally downward trend for some time.

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Polkadot price analysis shows that the bulls have taken control of the market in the short term as DOT steps closer to the $9.35 mark. The coin is facing resistance at $9.48, but if it can break above this level, we could see further upside potential towards $9.90 and possibly even $10.

DOT reaches $9.30 price level but it noted a fall in price over the past few days and a continuous dip in price so, can it manage to shift in trend soon? Let's find out in today's latest altcoin news.

The price of Polkadot (DOT) has come under renewed selling pressure after being rejected at $10.79. The altcoin could have risen to the high of $12 if the resistance was broken.

Large investors managing approximately $200 billion worth of assets are moving away from the second-largest cryptocurrency Ethereum ($ETH) and are instead betting on three other altcoins: Cardano ($ADA), Polkadot ($DOT), and $XRP. That's according to CoinShares' Digital Asset Bi-Monthly Fund Manager Survey, which found that investors have been steadily moving away from Ethereum since March, […]

Polkadot has been noting fall in price over the past few days. Although the coin has been laterally trading, there has been continuous dips in the price.

TL;DR Breakdown Polkadot price analysis suggests a downwards movement to $8.50 DOT faces resistance at the $10.00 mark The closest support level lies at $9.00 The Polkadot price analysis shows that DOT was unable to break past the $10.00 resistance level and the following rejection has caused the price to fall to the $9.00 mark.

According to reports, XRP, Polkadot, Cardano are pulling investor funds from Ethereum.

The digital assets investing firm Coinshres conducted a new survey on cryptocurrency in the month of May 2022, which was conducted among investors managing approximately $200 billion worth of assets. The survey also reveals that three crypto-assets named, Cardano, Polkadot, and XRP are attracting investment fund manager capital away from Ethereum (ETH).  This survey further …

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The last two months marked a visible bear show as they reiterated their vigor amidst the wider market sell-offs.

Polkadot (DOT) canary test network Kusama (KSM) is down 13% over the last 24 hours despite a listing announcement from Coinbase. Yesterday, the US-based exchange giant announced upcoming support for KSM once appropriate liquidity conditions are met. “Trading will begin on or after 9AM PT Thurs June 2, if liquidity conditions are met. Once sufficient […] The post Polkadot (DOT) Test Network Kusama (KSM) Falters Despite Surprise Coinbase Listing Announcement appeared first on The Daily Hodl.

Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding As the Ethereum merge approaches, concerns about technical and centralization risks have begun to arise In the Cosmos and Polkadot ecosystems, developers are continuing to build protocols that leverage interchain connectivity in order to tap into a broader user base

The Polkadot price analysis shows a bullish trend for today, as the price has slightly moved up to reach the $9.46 position. The bullish activity has been commendable as throughout bears were in control and the cryptocurrency was degrading regularly for the past 16 hours, but now the recent upwards price movement is a positive.

BTC and altcoins met resistance at a key moving average, leading traders to wonder whether the current pullback is a lower support test, or proof that bears are still in control.