Polkadot (DOT) price reveals that the extreme bullish movement pumped the price reaching $9.54.<\/p>\n
DOT price extremely bullish; set to retest $9.88 key resistance level.
\nSupport spotted at the $9.29 zone.
\nPolkadot pumped up its price to $9.54.<\/p>\n
\u00a0DOT\u2019s price trendline has spiked for the past couple of weeks following the coin\u2019s overwhelming gains over the past few days.<\/p>\n
Today, DOT\/USD is trying to test the $9.87 key resistance level which is pretty strong. However, if the bulls continue to push further then DOT will have no problem breaching this critical resistance zone.<\/p>\n
DOT Price Pumped To $9.54<\/p>\n
On the 24-hour timeframe, DOT price has shown a boost in price value as it pumped its price to $9.54 a few hours ago.<\/p>\n
According to CoinMarketCap, DOT is now trading at $9.49 or showing an impressive spike of 2.20% as of this writing. DOT price was down by a trickle in a few hours but is still on the green lane. The DOT\/USD pair has shown a remarkable 10.05% gain in terms of value as seen in the past week which hints a continuation of the bull run.<\/p>\n
On the flip side, trading volume for DOT tremendously fell by 12.66% which shows some weak spots in terms of momentum.<\/p>\n
DOT\/USD pair shows increased volatility as seen in the expansion of the Bollinger bands. The price is seen to be trading the upper limit with $9.99 as the current key resistance, and the lower band or $6.84 poised as the current support zone for the coin.<\/p>\n
More so, the EMA is spotted at $9.10 with RSI at 64 which is indicates strong buying pressure in the market.<\/p>\n
Polkadot Price Correction Anticipated<\/p>\n
The 4-hour timeframe shows that DOT price breached upwards which was observed at the onset of the trading session which prompted the price to spike to $9.58, but when the selling pressure resurfaced, the price also went down in the last few hours.<\/p>\n
The 4-hour chart for DOT shows a rather very mild volatility. The upper band is spotted at $9.84, while the lower band is found at $8.73. More so, the EMA trades at the $9.35 level with the RSI showing a mild downtrend as it continue to trade at index 62 propelled by the immense selling pressure.<\/p>\n
DOT price reveals that the coin is working extremely hard to override the key resistance found at $9.87, as the price is still seen trading on the green. A price correction is expected for short-term or in a just a few hours before the coin retests the key resistance zone again.<\/p>\n
On the other hand, if the bears manage to dominate the bulls, then DOT may hold on to $9.29 as its next support zone.<\/p>\n\n
DOT total market cap at $10.3 billion on the weekend chart | Source: TradingView.com<\/p>\n
Featured image from Bitcoin Addict, Chart from TradingView.com<\/p>","protected":false},"excerpt":{"rendered":"
<\/p>\n
Polkadot (DOT) price reveals that the extreme bullish movement pumped the price reaching $9.54.<\/p>\n
DOT price extremely bullish; set to retest $9.88 key resistance level.
\nSupport spotted at the $9.29 zone.
\nPolkadot pumped up its price to $9.54.<\/p>\n
\u00a0DOT\u2019s price trendline has spiked for the past couple of weeks following the coin\u2019s overwhelming gains over the past few days.<\/p>\n
Today, DOT\/USD is trying to test the $9.87 key resistance level which is pretty strong. However, if the bulls continue to push further then DOT will have no problem breaching this critical resistance zone.<\/p>\n
DOT Price Pumped To $9.54<\/p>\n
On the 24-hour timeframe, DOT price has shown a boost in price value as it pumped its price to $9.54 a few hours ago.<\/p>\n
According to CoinMarketCap, DOT is now trading at $9.49 or showing an impressive spike of 2.20% as of this writing. DOT price was down by a trickle in a few hours but is still on the green lane. The DOT\/USD pair has shown a remarkable 10.05% gain in terms of value as seen in the past week which hints a continuation of the bull run.<\/p>\n
On the flip side, trading volume for DOT tremendously fell by 12.66% which shows some weak spots in terms of momentum.<\/p>\n
DOT\/USD pair shows increased volatility as seen in the expansion of the Bollinger bands. The price is seen to be trading the upper limit with $9.99 as the current key resistance, and the lower band or $6.84 poised as the current support zone for the coin.<\/p>\n
More so, the EMA is spotted at $9.10 with RSI at 64 which is indicates strong buying pressure in the market.<\/p>\n
Polkadot Price Correction Anticipated<\/p>\n
The 4-hour timeframe shows that DOT price breached upwards which was observed at the onset of the trading session which prompted the price to spike to $9.58, but when the selling pressure resurfaced, the price also went down in the last few hours.<\/p>\n
The 4-hour chart for DOT shows a rather very mild volatility. The upper band is spotted at $9.84, while the lower band is found at $8.73. More so, the EMA trades at the $9.35 level with the RSI showing a mild downtrend as it continue to trade at index 62 propelled by the immense selling pressure.<\/p>\n
DOT price reveals that the coin is working extremely hard to override the key resistance found at $9.87, as the price is still seen trading on the green. A price correction is expected for short-term or in a just a few hours before the coin retests the key resistance zone again.<\/p>\n
On the other hand, if the bears manage to dominate the bulls, then DOT may hold on to $9.29 as its next support zone.<\/p>\n
DOT total market cap at $10.3 billion on the weekend chart | Source: TradingView.com<\/p>\n
Featured image from Bitcoin Addict, Chart from TradingView.com<\/p>\n
<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-5557","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/5557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=5557"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/5557\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=5557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=5557"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=5557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}