Polkadot price analysis: Bullish trend to continue as prices step to the $9.71 mark

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.

Timeline of Polkadot-new

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.

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.

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.

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.

DR Polkadot price analysis shows DOT/USD bulls gaining advantage DOT/USD pair is all set to surpass resistance at $10 amid buying spree Polkadot price analysis is bearish in the short term. DOT price has been on a downtrend over the past few days as it corrected lower from the $10.50 highs.

The Polkadot price analysis shows that the bears are trying to breach the bullish momentum. The coin has been recovering well since yesterday, but bears halted the upwards price movement today and devalued the coin down to the $9.4 level at the start of the trading session.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. In the time since the Terra crash and the fear that gripped the market on 12 May, Polkadot prices have stabilized somewhat as the token established a range around the $10 mark.

Following two consecutive sessions of declines, DOT saw its price rebound on Friday, as it moved away from a multi-week low. While DOT rose away from these lows, RUNE dropped, with the token falling towards them. Prices of RUNE are down by over 10% as of writing. Polkadot (DOT) DOT was a notable mover during