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Polkadot price analysis: DOT corrects at $7.73 as the price enters the resistance zone

www.cryptopolitan.com

The Polkadot price analysis for today is bearish. The DOT/USD was recovering up till yesterday as the bulls had control, but the bullish momentum slowed down yesterday, as bulls were unable to uplift the price above the $7.79 level, from where the price started to correct.

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Bitcoin DOT
$ 7.022

Timeline of Polkadot-new


Polkadot Is Stuck at the $8.00 High as Sellers Provide Stiff Resistance - Coin Idol

Polkadot (DOT) is in an uptrend as the price breaks above the moving average line but is stuck below the 50-day line SMA. In other words, Polkadot is struggling below the $8.00 resistance zone.


Create a meow-tastic portfolio this September 2022 – The things that make the novel Big Eyes Coin, Hex Coin and Polkadot cryptos unique - CoinPedia

Cryptocurrency is becoming popular and more celebrities are getting involved, the Sunday the Video Music Awards (VMA's) brought two popular rappers to perform in their Bored Ape NFTs. Eminem and Snoop Dogg gave a wild performance that created hype in cryptocurrency, a much-needed event after the 2022 plunge.


Polkadot [DOT] can witness some upside thanks to this upgrade - AMBCrypto

Polkadot [DOT] developers recently launched a new network upgrade to modify the Polkadot Runtime to v9270. After the upgrade was launched, DOT's price corresponded and started gaining upward momentum.


Polkadot price analysis: Bulls rush towards $7.64 as DOT gains 7 percent overnight - Cryptopolitan

The Polkadot price analysis is going bullish for today as it reveals that the price has been following an upward movement since 7 September 2022, as the bulls have constantly been striving for the lead. Bulls took the price above the $7.33 resistance yesterday and broke the price above the $7.53 resistance today.


Ripple (XRP) and Polkadot (DOT) holders sell and buy into Flasko (FLSK) presale - Crypto Daily

The cryptocurrency market is currently experiencing a bear market. Several macroeconomic instabilities that are affecting the global financial markets are the cause of this bear market.


Polkadot Watch: Will DOT Succumb To Sharp Sell-off In Next Few Days? - NewsBTC

The native token of Polkadot has dropped significantly in the last few days. The fate of DOT rests in the hands of its traders and investors as the correction period in crypto markets drags on.


Polkadot price analysis: DOT correct above $7 as selling pressure kicks in - Cryptopolitan

The Polkadot price analysis indicates a slight decline in price levels as the price has now moved down to meet $7.12. The progress has been in the bearish direction, as the selling pressure is high above the $7 level.


Analyst Issues Polkadot Warning Amid DOT Rally, Says Ethereum Rival Not Looking Good Fundamentally – Here's Why - The Daily Hodl

A popular crypto analyst thinks Ethereum (ETH) competitor Polkadot (DOT) is looking bearish from a fundamental perspective. In a new YouTube video, the anonymous host of InvestAnswers tells his 444,000 subscribers that Polkadot's on-chain activity appears dismal, despite positive movement price-wise.


Will Polkadot [DOT] be subjected to sharp sell-off coming week - AMBCrypto

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin [BTC] fell by nearly 7% in recent hours of trading and had a bearish short-term outlook yet again.


Polkadot price analysis: DOT Price levels sink to $6.97 after latest bearish turn - Cryptopolitan

Today's Polkadot price analysis reveals that prices are on a prevailing downtrend that has been seen since yesterday's market rally. The 8.78 percent drop in prices has decreased DOT to $6.97 from the intraday high of $7.66.

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