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Showing posts with the label 0 support levels

Polkadot Price Prediction for Today, October 26: DOT/USD Pushes for a Breakout above $6.5

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Polkadot price prediction shows that DOT remains in the green as the cryptocurrency market gains from the increased buying pressure. Polkadot Prediction Statistics Data: Polkadot price now – $6.47 Polkadot market cap – $7.3 billion Polkadot circulating supply – 1.1 billion Polkadot total supply – 1.2 billion Polkadot Coinmarketcap ranking – #12 DOT/USD Market Key Levels: Resistance levels: $8.0, $8.5, $9.0 Support levels: $5.0, $4.5, $4.0 DOT/USD price is now trading close to the upside after touching a $6.61 high during the European session today. The coin may continue to move upward if the price crosses above the upper boundary of the channel. Meanwhile, the Polkadot price may stay on the positive side as the price could touch the resistance level of $7.00 in the next positive direction. Polkadot Price Prediction: Polkadot May Break Short-Term Resistance According to the daily chart, the Polkadot price is likely to break out of the range an...

Polkadot Price Prediction for Today, October 25: DOT May Commence Bullish Trend

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An increase in bullish momentum in Polkadot market DOTUSD Price Analysis – October 25 The crypto may increase further and test the resistance level of $6.7. A breakout at the mentioned resistance level may push the price towards the resistance level of $7.6 and $8.3. Alternatively, an increase in the sellers’ momentum may push Polkadot below $6.0 which may reduce it to $5.6 and $4. 0 support levels . DOT/USD Market Key levels: Resistance levels 6.7, 7.6, $8.3 Support levels: $6.0, $5.6, $4.0 DOTUSD Long-term Trend: Bearish On the long-term outlook, DOTUSD is on the bearish movement. The momentum of sellers was increasing more than that of buyers last week. That is what terminated the ranging movement the crypto embarked. The support level of $6.0 was broken downside and tested the $5.6 level. At the moment, the buyers dominate the market with the formation of daily strong bullish candle. The price is risen above $6.0 level. The fast Moving Average (9 periods EM...