![Polkadot [DOT] traders can use THIS strategy to navigate DOT’s downturn](https://i.headtopics.com/images/2024/11/6/cryptoamb/polkadot-dot-traders-can-use-this-strategy-to-navi-polkadot-dot-traders-can-use-this-strategy-to-navi-AEAA61DE6870BE69CDA04EA3B7AC1A27.webp)
Polkadot's [DOT] recent price movements revealed a steep bearish trend. The altcoin approached its long-term support level and returned to...
Polkadot’s recent price movements revealed a steep bearish trend. The altcoin approached its long-term support level and returned to levels seen in 2020.
The repeated rejections from these moving averages and the inability to break through the 6-month trendline resistance have intensified the selling pressure. DOT’s recent drop below the $3.9 support level brought it closer to its multi-year low of around $3.6 – A critical level to monitor.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How Polkadot buyers can navigate DOT’s price downturnPolkadot (DOT) faced continuous rejection from the $4.1 resistance, while struggling to gain momentum amid broader market uncertainties...
Read more »
Polkadot: Reasons why DOT can break THIS resistance levelPolkadot is testing a critical resistance level at $4.27, with the RSI and 50-day SMA show that the trend is flipping bullish.
Read more »
Mapping Polkadot’s future: Is DOT following Fantom’s path?Polkadot has surged by 6.36% on weekly charts . An analysts eyes a historical surge citing Fantom's historical pattern
Read more »
Polkadot mirrors key 2020 pattern: Here’s what it means for DOT tradersDOT has surged by 3.7% over the past week. Market indicators show Polkadot is experiencing strong positive market sentiment
Read more »
![Can Polkadot [DOT] break $5 after its falling wedge breakout?](https://i.headtopics.com/images/2024/10/21/cryptoamb/can-polkadot-dot-break-5-after-its-falling-wedge-can-polkadot-dot-break-5-after-its-falling-wedge-800ECD426CA73A46CDEF9497CFD7CA84.webp?w=640)
Can Polkadot [DOT] break $5 after its falling wedge breakout?DOT's upcoming upgrades, such as JAM v1.0, a 64-bit PVM, and the anticipated Polkadot 2.0 by 2025, are driving optimism for a recovery.
Read more »
Mixed signals in DOT market: What’s next for Polkadot prices?DOT faces mixed signals with bullish buying interest but bearish resistance. Will it rally or fall back to recent lows?
Read more »