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Certainly a welcome change for those who work in crypto. Despite widespread doom and gloom, Polkadot native coin, DOT, has become the most discussed cryptocurrency in the community.
Polkadot price analysis shows a bearish trend for the cryptocurrency as the bears have been at the winning edge for the last 24 hours. Although a strong bullish wave controlled the price trend in the previous week, today's trend proved relatively in support of the sellers.
Polkadot topped the list of blockchains in terms of development activity However, DOT's metrics and indicators didn't seem to favor its growth Polkadot [DOT] recently made headlines as DOT topped the list of tokens in the Polkadot ecosystem in terms of social activity.
Polkadot price analysis continues to show bearish reading as price fails to recover from the distinct decline initiated on November 8. DOT dropped down to a 52-week low of $5.36 over the past 24 hours, as the downward descent deepened to strengthen the bearish outlook.
One of the market's top cryptocurrencies, Polkadot (DOT) has tremendous growth potential during the upcoming bull run.
Polkadot (DOT) has fallen above the $5.34 support level. The oversold region of the market is where the cryptocurrency has declined.
The Polkadot price analysis for November 19th, 2022, reveals the market following a bearish movement, obtaining some negative momentum, signifying a loss of positivity for the DOT market. The price of Polkadot has remained negative over the past few hours.
Polkadot's new referendum could impact Polkadot staking The number of stakers on DOT's platform continues to decline. However, development activity grew tremendously A new Polkadot referendum may impact DOT holders who wish to stake their Polkadot.
Bitcoin and select altcoins are struggling to rise above their immediate resistance levels, indicating that bears remain in full control.
New crypto projects come out every day, but only a handful have what it takes to succeed in the long run. Polkadot (DOT), Chain (XCN) and Orbeon Protocol (ORBN) are three projects that have the potential to change the face of cryptocurrency.
TL;DR Breakdown Polkadot price analysis suggests downwards movement to $5.40 The closest support level lies at $5.60 DOT faces resistance at the $6.00 mark The Polkadot price analysis shows that the DOT price action was rejected at the $6.00 level and has moved down toward the $5.60 support level.
In a stunning move, Polkadot says it is now software. So what does that mean for the future of crypto regulation?
Polkadot price analysis indicates a downward trend today as the market slides below $5.68.The current support levels for DOT/USD are $5.62 and the resistance was found at $5.87 after experiencing a 24-hour loss of 3.24%.
The recovery in BTC and altcoins fizzled out fast, suggesting that investors continue to maintain a risk-off stance to all cryptocurrencies.
Bitcoin cash rose to a one-week high in today's session, despite crypto markets mostly trading lower. The global cryptocurrency market cap is down by 2.45% as of writing, which comes as traders reacted to rising geopolitical tensions. Polkadot was a notable token to slip, as prices collided with a key support point.
Polkadot price analysis is bearish today, as the cryptocurrency has faced a sharp decline at $5.84 earlier today. The bullish trend was seen battling for dominance throughout the day, however, the $5.83 psychological support level proved to be crucial for DOT, as it ultimately drove the price down.
A new roadmap released for Polkadot and Kusama DOT remained popular in the derivatives market and the crypto community The last few weeks were not quite impressive for most of the cryptos, as they failed to register upticks due to the bearish market condition.
Polkadot is breaking records. In its plans to become the world's fasted blockchain, Polkadot recorded its highest level of development activity in the current long and painful bear market.
Polkadot ($DOT), a network that is often described as a “blockchain of blockchains” that allows users to launch and operate their own blockchain on top of the main Polkadot blockchain, has seen its active user numbers surge 300% amid an ongoing cryptocurrency market rout.
Polkadot recorded immense growth in new and active accounts over the past two weeks The sharded protocol's development activity surged amid a recent DOT hike but the crypto is less likely to improve the performance Polkadot [DOT], in its latest round-up of the past week activities, announced that new accounts on its chain multiplied ten
The Polkadot (DOT) price is trading inside a corrective pattern. A breakout from it could trigger a 50% price increase.
Polkadot price analysis shows that the cryptocurrency is going strong with a bullish momentum with a potential of hitting the $5.92 mark in the near future. The support level for DOT/USD is at $5.70, and breaking below this level could increase market volatility.
Polkadot (DOT) cross-network ecosystem sees remarkable upsurge of accounts activity
The brand now has its own marketplace for its virtual creations
