• bitcoinBitcoin (BTC) $ 66,570.00
  • ethereumEthereum (ETH) $ 3,558.73
  • tetherTether (USDT) $ 0.999656
  • bnbBNB (BNB) $ 606.38
  • solanaSolana (SOL) $ 145.28
  • staked-etherLido Staked Ether (STETH) $ 3,561.32
  • usd-coinUSDC (USDC) $ 1.00
  • xrpXRP (XRP) $ 0.495056
  • dogecoinDogecoin (DOGE) $ 0.135858
  • the-open-networkToncoin (TON) $ 8.00
  • cardanoCardano (ADA) $ 0.415736
  • shiba-inuShiba Inu (SHIB) $ 0.000021
  • avalanche-2Avalanche (AVAX) $ 30.03
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 66,581.00
  • tronTRON (TRX) $ 0.115293
  • chainlinkChainlink (LINK) $ 15.00
  • uniswapUniswap (UNI) $ 11.44
  • polkadotPolkadot (DOT) $ 6.22
  • bitcoin-cashBitcoin Cash (BCH) $ 431.74
  • nearNEAR Protocol (NEAR) $ 5.62
  • litecoinLitecoin (LTC) $ 79.30
  • matic-networkPolygon (MATIC) $ 0.614587
  • wrapped-eethWrapped eETH (WEETH) $ 3,696.23
  • leo-tokenLEO Token (LEO) $ 5.84
  • daiDai (DAI) $ 1.00
  • pepePepe (PEPE) $ 0.000012
  • internet-computerInternet Computer (ICP) $ 9.16
  • ethereum-classicEthereum Classic (ETC) $ 25.34
  • kaspaKaspa (KAS) $ 0.154206
  • fetch-aiFetch.ai (FET) $ 1.45
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,544.37
  • aptosAptos (APT) $ 7.83
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • moneroMonero (XMR) $ 173.46
  • render-tokenRender (RNDR) $ 8.06
  • hedera-hashgraphHedera (HBAR) $ 0.085043
  • filecoinFilecoin (FIL) $ 5.19
  • mantleMantle (MNT) $ 0.888628
  • stellarStellar (XLM) $ 0.098626
  • blockstackStacks (STX) $ 1.94
  • cosmosCosmos Hub (ATOM) $ 7.17
  • okbOKB (OKB) $ 46.19
  • crypto-com-chainCronos (CRO) $ 0.099287
  • arbitrumArbitrum (ARB) $ 0.917998
  • immutable-xImmutable (IMX) $ 1.72
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999589
  • dogwifcoindogwifhat (WIF) $ 2.52
  • injective-protocolInjective (INJ) $ 25.12
  • suiSui (SUI) $ 0.944092
  • optimismOptimism (OP) $ 2.06
  • the-graphThe Graph (GRT) $ 0.235273
  • makerMaker (MKR) $ 2,346.76
  • bittensorBittensor (TAO) $ 309.02
  • vechainVeChain (VET) $ 0.029032
  • notcoinNotcoin (NOT) $ 0.020262
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,950.46
  • flokiFLOKI (FLOKI) $ 0.000202
  • arweaveArweave (AR) $ 28.12
  • lido-daoLido DAO (LDO) $ 2.01
  • fantomFantom (FTM) $ 0.625440
  • jasmycoinJasmyCoin (JASMY) $ 0.035905
  • ondo-financeOndo (ONDO) $ 1.20
  • theta-tokenTheta Network (THETA) $ 1.70
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,679.91
  • bonkBonk (BONK) $ 0.000025
  • bitget-tokenBitget Token (BGB) $ 1.16
  • thorchainTHORChain (RUNE) $ 4.67
  • celestiaCelestia (TIA) $ 7.83
  • based-brettBrett (BRETT) $ 0.148804
  • coredaoorgCore (CORE) $ 1.56
  • whitebitWhiteBIT Coin (WBT) $ 9.62
  • eosEOS (EOS) $ 0.660184
  • pyth-networkPyth Network (PYTH) $ 0.353810
  • sei-networkSei (SEI) $ 0.414566
  • algorandAlgorand (ALGO) $ 0.154501
  • aaveAave (AAVE) $ 84.77
  • ethenaEthena (ENA) $ 0.757320
  • starknetStarknet (STRK) $ 0.942148
  • quant-networkQuant (QNT) $ 83.06
  • galaGALA (GALA) $ 0.033101
  • jupiter-exchange-solanaJupiter (JUP) $ 0.875249
  • flare-networksFlare (FLR) $ 0.027006
  • cheeleeCheelee (CHEEL) $ 20.21
  • gatechain-tokenGate (GT) $ 8.54
  • flowFlow (FLOW) $ 0.721626
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,594.19
  • kucoin-sharesKuCoin (KCS) $ 10.42
  • axie-infinityAxie Infinity (AXS) $ 6.73
  • bittorrentBitTorrent (BTT) $ 0.000001
  • bitcoin-svBitcoin SV (BSV) $ 49.44
  • ordinalsORDI (ORDI) $ 45.59
  • beam-2Beam (BEAM) $ 0.019350
  • tokenize-xchangeTokenize Xchange (TKX) $ 11.73
  • zebec-protocolZebec Protocol (ZBC) $ 0.018271
  • dydx-chaindYdX (DYDX) $ 1.53
  • elrond-erd-2MultiversX (EGLD) $ 33.23
  • neoNEO (NEO) $ 12.72
  • chilizChiliz (CHZ) $ 0.100923
  • the-sandboxThe Sandbox (SAND) $ 0.384414
  • roninRonin (RON) $ 2.57
  • gnosisGnosis (GNO) $ 326.90
  • pendlePendle (PENDLE) $ 5.42
  • worldcoin-wldWorldcoin (WLD) $ 3.43
  • wormholeWormhole (W) $ 0.455255
  • akash-networkAkash Network (AKT) $ 3.37
  • oasis-networkOasis Network (ROSE) $ 0.120755
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,554.65
  • tezosTezos (XTZ) $ 0.814219
  • singularitynetSingularityNET (AGIX) $ 0.618405
  • msolMarinade Staked SOL (MSOL) $ 173.67
  • conflux-tokenConflux (CFX) $ 0.186624
  • nexoNEXO (NEXO) $ 1.35
  • mina-protocolMina Protocol (MINA) $ 0.659105
  • ethereum-name-serviceEthereum Name Service (ENS) $ 23.22
  • usddUSDD (USDD) $ 0.997593
  • ecasheCash (XEC) $ 0.000037
  • livepeerLivepeer (LPT) $ 22.09
  • decentralandDecentraland (MANA) $ 0.387226
  • dexeDeXe (DEXE) $ 12.53
  • havvenSynthetix Network (SNX) $ 2.18
  • book-of-memeBOOK OF MEME (BOME) $ 0.010296
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.007050
  • fasttokenFasttoken (FTN) $ 2.22
  • frax-etherFrax Ether (FRXETH) $ 3,542.28
  • safeSafe (SAFE) $ 1.61
  • lido-staked-solLido Staked SOL (STSOL) $ 171.79
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.51
  • klay-tokenKlaytn (KLAY) $ 0.179995
  • apecoinApeCoin (APE) $ 1.06
  • aioz-networkAIOZ Network (AIOZ) $ 0.595307
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,817.58
  • fraxFrax (FRAX) $ 0.997921
  • mantra-daoMANTRA (OM) $ 0.774027
  • iotaIOTA (IOTA) $ 0.191246
  • swethSwell Ethereum (SWETH) $ 3,761.37
  • kavaKava (KAVA) $ 0.557676
  • nervos-networkNervos Network (CKB) $ 0.013130
  • tether-goldTether Gold (XAUT) $ 2,333.29
  • heliumHelium (HNT) $ 3.45
  • rocket-poolRocket Pool (RPL) $ 27.98
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,867.56
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000100
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.109731
  • theta-fuelTheta Fuel (TFUEL) $ 0.080941
  • ioio.net (IO) $ 5.52
  • magaMAGA (TRUMP) $ 11.43
  • axelarAxelar (AXL) $ 0.770048
  • aevo-exchangeAevo (AEVO) $ 0.627967
  • illuviumIlluvium (ILV) $ 79.61
  • 1inch1inch (1INCH) $ 0.417475
  • blurBlur (BLUR) $ 0.310474
  • xdce-crowd-saleXDC Network (XDC) $ 0.034205
  • bitcoin-goldBitcoin Gold (BTG) $ 28.74
  • true-usdTrueUSD (TUSD) $ 0.998095
  • corgiaiCorgiAI (CORGIAI) $ 0.001367
  • woo-networkWOO (WOO) $ 0.247134
  • iotexIoTeX (IOTX) $ 0.049175
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.11
  • stader-ethxStader ETHx (ETHX) $ 3,659.16
  • ether-fiEther.fi (ETHFI) $ 3.98
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000021
  • raydiumRaydium (RAY) $ 1.71
  • astarAstar (ASTR) $ 0.078845
  • arkhamArkham (ARKM) $ 1.88
  • pax-goldPAX Gold (PAXG) $ 2,332.53
  • golemGolem (GLM) $ 0.430992
  • memecoin-2Memecoin (MEME) $ 0.021251
  • polymeshPolymesh (POLYX) $ 0.405062
  • apenftAPENFT (NFT) $ 0.00000043
  • aerodrome-financeAerodrome Finance (AERO) $ 0.843786
  • paypal-usdPayPal USD (PYUSD) $ 0.998845
  • manta-networkManta Network (MANTA) $ 1.27
  • echelon-primeEchelon Prime (PRIME) $ 10.00
  • dydxdYdX (ETHDYDX) $ 1.53
  • ocean-protocolOcean Protocol (OCEAN) $ 0.628425
  • usdbUSDB (USDB) $ 0.998329
  • stepnGMT (GMT) $ 0.192004
  • compound-ethercETH (CETH) $ 71.50
  • osmosisOsmosis (OSMO) $ 0.600880
  • kusamaKusama (KSM) $ 26.47
  • wemix-tokenWEMIX (WEMIX) $ 1.09
  • biconomyBiconomy (BICO) $ 0.487730
  • pepecoin-2PepeCoin (PEPECOIN) $ 3.29
  • curve-dao-tokenCurve DAO (CRV) $ 0.306419
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.004329
  • mx-tokenMX (MX) $ 3.80
  • safepalSafePal (SFP) $ 0.797437
  • compound-governance-tokenCompound (COMP) $ 53.10
  • zilliqaZilliqa (ZIL) $ 0.019601
  • celoCelo (CELO) $ 0.671911
  • aragonAragon (ANT) $ 9.05
  • radixRadix (XRD) $ 0.034555
  • holotokenHolo (HOT) $ 0.002020
  • superfarmSuperVerse (SUPER) $ 0.792188
  • dymensionDymension (DYM) $ 2.01
  • terra-luna-2Terra (LUNA) $ 0.510993
  • altlayerAltLayer (ALT) $ 0.230334
  • ankrAnkr Network (ANKR) $ 0.034742
  • zcashZcash (ZEC) $ 22.91
  • jito-governance-tokenJito (JTO) $ 2.82

Polkadot Price Sets Sights on New Highs: DOT Bullish Momentum Building

0 33

Polkadot (DOT) is consolidating gains above the $7.40 zone against the US Dollar. The price could start another increase if it clears the $7.70 resistance.

  • DOT gained pace and tested the $7.70 resistance level against the US Dollar.
  • The price is trading above the $7.20 zone and the 100-hourly simple moving average.
  • There is a key bullish trend line forming with support at $7.40 on the hourly chart of the DOT/USD pair (data source from Kraken).
  • The pair could continue to rise if it fails to stay above the $7.20 support.

Polkadot Price Holds Support

After forming a base above the $6.80 level, DOT price started a decent increase. It broke many hurdles near $7.20 and even spiked above $7.65. A high was formed at $7.69 and the price is now consolidating gains, like Ethereum and Bitcoin.

There was a move below the $7.50 support zone. The price declined below the 23.6% Fib retracement level of the upward move from the $6.91 swing low to the $7.69 high.

DOT is now trading above the $7.20 zone and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support at $7.40 on the hourly chart of the DOT/USD pair. Immediate resistance is near the $7.70 level.

Polkadot Price Sets Sights on New Highs: DOT Bullish Momentum Building

The next major resistance is near $7.80. A successful break above $7.80 could start another strong rally. In the stated case, the price could easily rally toward $8.20 in the near term. The next major resistance is seen near the $8.50 zone.

More Downsides in DOT?

If DOT price fails to start a fresh increase above $7.70, it could continue to move down. The first key support is near the $7.40 level and the trend line.

The next major support is near the $7.30 and the 100 simple moving average (4 hours) or the 50% Fib retracement level of the upward move from the $6.91 swing low to the $7.69 high, below which the price might decline to $7.00. Any more losses may perhaps open the doors for a move toward the $6.90 support zone or $6.80.

Technical Indicators

Hourly MACD – The MACD for DOT/USD is now gaining momentum in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOT/USD is now above the 50 level.

Major Support Levels – $7.40, $7.30 and $7.10.

Major Resistance Levels – $7.70, $7.80, and $8.20.

Source

Leave A Reply

Your email address will not be published.