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The Polkadot price analysis reveals the trend is yet in favor of bulls but the price is going down once again as the bears are also trying to restore their momentum. The DOT price faced a strong correction on 16 and 18 MAY 2022 because of the increase in bearish pressure.
The Parachain auctions in December had played a vital role in the price gains for the DOT token at that time. This post is all about Polkadot price analysis
The performance of the global crypto market has deteriorated with time, as there has been little improvement. The market has seen changes that took it towards new lows.
The ongoing correction plunged the Polkadot(DOT) price to the $7.35 mark, tagging along the descending trendline. Furthermore, a reversion from this support with a morning star candle prompts an occasional pullback for the DOT price.
The entire crypto market is trying to recover from the recent crash. However, in the case of the Polkadot token, after breaking out of a symmetrical triangle pattern on 17 May and trading above the $10 level, the bears appeared to have spotted the coin.
Ailing stock markets continue to impact crypto prices and technical analysis suggests BTC is at risk of falling below its recent $25,500 low.
Polkadot price analysis reveals that the DOT/USD has been following a bearish trendline for the last 24-hours. The price has been going down since then, and it reached a low of $9.86.
Polkadot Pioneers Prize, a treasury with 20 million DOT tokens and which targets driving development within the Polkadot ecosystem and Web3, has awarded $750k to Manta Network, the blockchain platform confirmed in a news release shared on Wednesday. The award will help Manta, an interoperability network that seeks to enhance privacy protections for Web3 platforms, […] The post Polkadot awards Manta $750K to advance ZKP for Web3 privacy appeared first on Invezz.
ATOM moved closer towards a one-year low on Wednesday, as prices dropped by nearly 10%. This came as DOT also declined during today's trading session, when global crypto markets fell by over 3% as of writing. Cosmos (ATOM) On Wednesday, ATOM was one of the biggest movers in the session, as it fell by nearly […]
Polkadot is more than just a cryptocurrency, it is a blockchain platform built for the long-term future of the web
The overall market structure reshaped itself into a low volatile, compression phase in the last few days. As a result, Polkadot, Cronos, and FTX Token witnessed short-bodied candlesticks after approaching their high liquidity areas.
The cryptocurrency market has dropped a little in the past 24 hours. At $1.34 trillion, its total cap is down by 1.9%.
Portuguese electric vehicle (EV) charging operator Power Dot has raised 150 million euros ($158.01 million) with private equity firm Antin Infrastructure Partners to triple its network of charging points in France, the two firms said on Wednesday.
Polkadot price analysis shows a bullish trend in the DOT/USD market. After breaking out the symmetrical triangle pattern, prices are trading above the $10.5 level.
Over the last few weeks, the crypto market has experienced drastic price movements with price marks touching lower lows. Given these movements, several crypto assets [.
Looking at the daily chart, we can see that the Polkadot price prediction is ready for a short-entry level near the $10.5 level. Polkadot Statistics [.
BTC and most altcoins are facing strong selling at the top of each rally, but the short-term downside could be limited since Bitcoin bulls keep buying each dip.
The crypto market abstained from flashing high volatility over the last 24 hours. But with the crypto fear and greed index still hovering in the ‘extreme fear' zone, the near-term technicals of Polkadot, NEAR, and Algorand were in the neutral-bearish range.
Traders are nervously watching the price of crypto lender Celsius' cel cryptocurrency which has collapsed by almost 70% over the last month as panicked sellers offload the coin...
The recent Polkadot price analysis shows DOT price is currently at $11.03 after opening the daily trading chart at an intra-day high of $11.18. Prices have corrected lower from this high, but the bulls have been able to find support at around $10.0 levels and prices have bounced back higher as buyers enter the market.
After projects like Acala and Moonriver, Polkadex is the latest to secure a Polkadot Parachain slot.
Polkadot recovered another 7% as BTC stalls below $30K and most of the larger coins remain in the red today so let's have a closer look at today's latest altcoin news. Bitcoin calmed under the $30,000 price point after the recent volatility which brought the asset south by five digits.
The Polkadot price analysis hints in the bearish direction as the price underwent a significant decline during the day. The price levels have dropped slightly as the bears showed momentum earlier in the day.
May 2020 started hoping that we might just have found the bottom of this prolonged bear market. However soon, disaster struck us.
