Coin Market Solution logo Coin Market Solution logo
Cryptopolitan 2021-09-12 11:36:57

Polkadot Price Analysis: DOT rallies to $32, bulls preparing to consolidate

TL;DR Breakdown Polkadot price analysis is trading bullishly DOT/USD recorded downsides yesterdayDOT aims at $35 Our 24-hour Polkadot price analysis indicates bullish signals on the daily chart after the coin set a higher low near the previous resistance at $30. Therefore, we are anticipating DOT/USD to record further gains in the next 24-hours as the bulls reach out for the $35 swing high.  Cryptocurrency heat map. Source: Coin360 The overall cryptocurrency market is trading in the bullish region with market leaders BTC and ETH both gaining around 1 percent. Cardano is the best performer of the day with a 24-hour positive change of 12 percent. We are expecting the general cryptocurrency market to post further gains in the course of the upcoming week.  Polkadot price movement in the last 24 hours: Polkadot sets another lower low at $23.5 On our 24-hour Polkadot price analysis, DOT/USD has been trading within a moderate range of $29.27 – $32.79. Thereby suggesting the presence of moderately distributed volatility over the last 24-hours. The total trading volume for DOT dropped by 3 percent and totals $2.67 billion. Coin Market Cap ranks Polkadot at position #9 overall with a total market capitalization of $31 billion. DOT/USD 4-hour chart: DOT starts to rally On the 4-hour Polkadot price analysis chart, we can see the DOT/USD  pair price starting to rally again after setting a lower low yesterday. DOT/USD...

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.