Polkadot price analysis: DOT rejected at $10.00, downwards movement to follow

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.

Timeline of Polkadot-new

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

Polkadot price analysis reveals a relatively positive approach today; the price has gained most of its lost value. In the last few days, the price of DOT has received much negative attention and has declined to a significant degree.

The ongoing correction phase in Polkadot(DOT) price takes a breather at the $7.35 mark and triggers a minor consolidation. Therefore, an extra force is needed for the price to escape this unwavering movement, which can be provided with the downsloping trendline.

Polkadot price analysis illustrates the prices in the last 24 hours have been hovering around the key support at $9.5.The bulls pushed the prices to $10.03 in yesterday's closure of the daily chart before the selling pressure took control and prices fell to $9.5.The prices bounced back to $10 during the early hours of today.