POLKADOT Price Analysis 10-15: DOT Makes Strong Recovery, Tests $4.50

The post POLKADOT Price Analysis 10-15: DOT Makes Strong Recovery, Tests $4.50 appeared on BitcoinEthereumNews.com. Polkadot (DOT) has made a strong recovery since dropping to a day low of $3.95 on Thursday and has started the current week on a very bullish note, surging past the 20 and 50-day SMAs. DOT is up by 5.27% over the past 24 hours and has registered a jump of almost 9% over the past week as buyers look to push above $4.50 and towards $5. Polkadot (DOT) Registers Impressive Recovery Polkadot (DOT) started the previous week on a bearish note after slipping below the 20 and 50-day SMAs the week prior. By Wednesday, DOT dipped below $4, touching a day low of $3.95 before settling at $4.02, a drop of almost 2%. DOT slipped to $3.95 again on Thursday but rebounded strongly to push above $4 and settle at $4.08 after an increase of 1.49%. DOT remained positive on Friday as well, rising by 2.21% to move to $2.17, as buyers looked to push the price above $2, which had been acting as a stubborn level of resistance. Source: TradingView The weekend began with DOT racing to a day high of $4.26. However, buyers soon lost steam in the face of intense selling pressure. As a result, DOT fell back and settled at $4.20, registering an increase of 0.72%. As mentioned earlier, $4.20 is a stubborn level of resistance, and DOT fell back in the red on Sunday thanks to strong selling pressure at this level. DOT fell to a day low of $4.09 before buyers propped up the price, pushing it to $4.16, a drop of 0.95% from Saturday. Polkadot (DOT) Makes A Strong Start To The Week Polkadot (DOT) started the current week on a very bullish note, surging by 5.05% to go past $4.20 and the 20 and 50-day SMAs and settled at $4.37. The…

Oct 15, 2024 - 21:00
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POLKADOT Price Analysis 10-15: DOT Makes Strong Recovery, Tests $4.50

The post POLKADOT Price Analysis 10-15: DOT Makes Strong Recovery, Tests $4.50 appeared on BitcoinEthereumNews.com.

Polkadot (DOT) has made a strong recovery since dropping to a day low of $3.95 on Thursday and has started the current week on a very bullish note, surging past the 20 and 50-day SMAs. DOT is up by 5.27% over the past 24 hours and has registered a jump of almost 9% over the past week as buyers look to push above $4.50 and towards $5. Polkadot (DOT) Registers Impressive Recovery Polkadot (DOT) started the previous week on a bearish note after slipping below the 20 and 50-day SMAs the week prior. By Wednesday, DOT dipped below $4, touching a day low of $3.95 before settling at $4.02, a drop of almost 2%. DOT slipped to $3.95 again on Thursday but rebounded strongly to push above $4 and settle at $4.08 after an increase of 1.49%. DOT remained positive on Friday as well, rising by 2.21% to move to $2.17, as buyers looked to push the price above $2, which had been acting as a stubborn level of resistance. Source: TradingView The weekend began with DOT racing to a day high of $4.26. However, buyers soon lost steam in the face of intense selling pressure. As a result, DOT fell back and settled at $4.20, registering an increase of 0.72%. As mentioned earlier, $4.20 is a stubborn level of resistance, and DOT fell back in the red on Sunday thanks to strong selling pressure at this level. DOT fell to a day low of $4.09 before buyers propped up the price, pushing it to $4.16, a drop of 0.95% from Saturday. Polkadot (DOT) Makes A Strong Start To The Week Polkadot (DOT) started the current week on a very bullish note, surging by 5.05% to go past $4.20 and the 20 and 50-day SMAs and settled at $4.37. The…

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