Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
Cryptopolitan 2021-09-07 05:11:08

Polkadot Price Analysis: Polkadot tests $35 support, prepares for rally?

TL;DR Breakdown Our Polkadot price analysis suggests bullish signals in the next 24-hours DOT/USD continues into $35 supportDOT is set to test higher lows today Our Polkadot price analysis suggests bullish signals in the next 24-hours of candlesticks after the coin retested the $35 minor support and is currently attempting to consolidate enough strength to sustain the $30 – $39 price level. Therefore, we are looking forward to an uptrend in the course of the day where Polkadot could build another support at $38 and enjoy a continuation to $40. The overall cryptocurrency market trades bullishly, with market leaders BTC and ETH gaining more than 2.5 percent in the last 24 hours, Solana emerging the best performer after a 20 percent gain and ADA increasing by 3 percent.  Polkadot price movement in the last 24 hours: Polkadot still breaks through $35 According to our daily Polkadot price analysis, the DOT/USD underwent a tight daily range of $33 – $35.5 over the last 24-hours. Trading volume increased by 30.50 percent on the daily chart and raked over $2.314 billion. Coin Market Cap data indicated a total market capitalization of $34.7 billion after a 2.93 percent improvement.  Polkadot is ranked position #9 overall among the top ten altcoins by market cap.  DOT/USD 4-hour chart: DOT ready to reverse again? On the 4-hour Polkadot price analysis chart, we see the Polkadot price action advocating for...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.