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

www.newsbtc.com

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.

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Bitcoin DOT
$ 6.679

Timeline of Polkadot-new


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.


Polkadot price analysis: Bulls make a strong comeback as DOT rises to $7.53 - Cryptopolitan

The Polkadot price analysis reveals that the price has spiked higher today. Bulls have made a strong comeback today; even the trend remained bullish yesterday as well, but a few hours of bearish activity changed the trend as a strong correction took place.


Polkadot: What Web3 Platforms can Learn From the Multichain Network - BeInCrypto

Web3 and blockchain projects are taking a hard look in the mirror as the crypto winter passes through every corner of the industry. The post Polkadot: What Web3 Platforms can Learn From the Multichain Network appeared first on BeInCrypto.


Polkadot emerges as “Green Blockchain” winner, but does DOT reciprocate - AMBCrypto

Polkadot [DOT] is beginning to emerge as the “greenest” layer 1 blockchain as latest data reveals. As we know, Ethereum [ETH] is shifting from Proof-of-Work to an eco-friendly Proof-of-Stake mechanism.


These Cryptos Have Potential When Bulls Return: SOL, DOT & Big Eyes Coin - Crypto Daily

Market sentiment as regards the reception of Bitcoin's continuous fall in price has made investors and traders accept that another winter is here. Bitcoin has moved sideways in the 20–25k region for an extended period; we've even seen it fall below 20k several times, though often with a quick bounce.


Polkadot price analysis: Price drops to $7.27 as bears react - Cryptopolitan

The price has slightly dropped again today as the bears took charge of the market once again, as per Polkadot price analysis. After the continuous bullish activity of the last three days, the price function has imbalanced again, and the price has been lowered up to the $7.27 level.


Polkadot Consolidates Above $6.80 as It Battles the Resistance $8.00 - Coin Idol

Polkadot (DOT) is in a downtrend, but is fluctuating above the $6.80 support. Since August 28, the cryptocurrency has been fluctuating between $6.80 and $8.00 price levels. On August 24, buyers were rejected when they tried to break the $8.00 high.

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