Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Polkadot
POLKADOT Price Analysis 10-5: DOT Inches Towards $4.50
Polkadot (DOT) ended Friday with an increase of 1.45%, pushing it to $4.19, as it looks to recover after falling to a low of $3.99 on Thursday. DOT has been bearish for most of the week, having given up the gains it made during the previous week when its price peaked at $4.96. However, a move above $5 remains elusive. Polkadot (DOT) Inches Towards $4.50 Let’s recap Polkadot (DOT)’s week. DOT was bullish the previous week, reaching a day high…
8 months ago
BlockDAG’s Testnet Launch Fuels $3M Haul in 24 Hours as Solana Shows Consistency and Polkadot Portray Growth Potential
The cryptocurrency sector is currently experiencing vibrant market dynamics, with Solana displaying commendable consistency by maintaining a price range between $130 and $190, reinforcing its position as a reliable asset in the volatile market. Concurrently, Polkadot is witnessing a bullish trend, indicating potential for recovery, thanks to its integral role in enabling interoperable transactions between diverse blockchain platforms. Amid these trends, BlockDAG has captured headlines with a record-breaking $3 million raised within a day of its presale, following the successful…
8 months ago
POLKADOT Price Analysis 10-4: DOT Bounces Off Support Level As Markets Recover
Polkadot (DOT) is up over 1% in the past 24 hours, rebounding after dropping to a day low of $3.99 on Thursday. In the current session, DOT is up by 0.50% and trading around the $4.15 level. Almost all altcoins, including DOT, had given up their gains after a highly bearish week for markets following escalating tensions in the Middle East, which spread panic among investors. Polkadot (DOT) Rebounds From Support Level Polkadot (DOT) has spent almost all of the…
8 months ago
POLKADOT Price Analysis 10-3: DOT Struggling To Stay Above $4
Polkadot (DOT) has been in the red since the weekend, with the altcoin having given up all the gains made since its September 18 recovery. DOT registered substantial declines on Monday and Tuesday, taking its price below key support levels and the 20 and 50-day SMAs. Polkadot (DOT) Struggles As Bearish Sentiment Takes Hold Polkadot (DOT) reached a day high of $4.97 on Friday as it looked to push above $5. However, it has all been downhill since then, as…
8 months ago
POLKADOT Price Analysis 10-2: DOT Tanks As Middle East Crisis Spooks Markets
Polkadot (DOT) has been down almost 8% over the past 24 hours as escalating tensions in the Middle East have led to the crypto market crashing, with investors flocking to safe-haven assets. DOT lost several key support levels and is currently trading around the $4.16 mark, with sellers remaining in control. Polkadot (DOT) Facing A Difficult Week The current week for Polkadot (DOT) has been nothing short of a bloodbath, with the altcoin giving up the gains made last week…
8 months ago
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PolkadotEnergy Web Launches AutoGreenCharge Beta App to Decarbonize EV Charging, Secured by Polkadot
Zug, Switzerland, October 1st, 2024, Chainwire Energy Web's innovative app enables EV owners to decarbonize charging sessions with renewable energy Energy Web is proud to announce the beta launch of AutoGreenCharge, a mobile app designed to decarbonize electric vehicle (EV) charging. With AutoGreenCharge, users can ensure that every EV charging session is powered by renewable energy. The app is accessible to owners of popular electric vehicles, including Tesla, BMW, Mercedes, and others, bringing the promise of green charging to a…
8 months ago
POLKADOT Price Analysis 10-1: DOT Slumps To $4.50 After Bearish Weekend
Polkadot (DOT) saw a substantial drop on Monday as overall market sentiment and DOT’s recent bearish trajectory saw it begin the week with a decline of almost 7%. However, DOT has rebounded during the ongoing session, with buyers entering the market around the 50-day SMA. The altcoin has strong support at around $4.50, preventing further decline. Polkadot (DOT)’s Ascent To $5 Polkadot was extremely bullish last week and was generally positive since rebounding from a low of $3.98 on September…
8 months ago
Crypto Price Analysis 9-30 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, DOGWIFHAT: WIF, POLKADOT: DOT, RIPPLE: XRP
Bitcoin (BTC) dipped below the $65,000 level early today after registering a drop of almost 2.50% over the past 24 hours and is currently trading just below the $65,000 mark. Spot Bitcoin ETFs also registered a surge in inflows, attracting around $449 million, fueling even further demand as speculation about a rate cut and soft US landing bets. The overall crypto market capitalization dropped almost 2% to $2.27 trillion, with major cryptocurrencies like Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), Toncoin…
8 months ago
POLKADOT Price Analysis 9-29: $5 Continues to Elude $DOT
Polkadot ($DOT) trades in the red after a very bullish week. $DOT made an excellent run to reach the crucial $5 level, but its progress has stalled. Despite its inability to make it, $DOT is up by over 10% in the past week. After a very bullish week, $DOT is trading in the red in the current session. The previous week, $DOT made good progress in chasing its $4.50 level but, unfortunately, could not continue the momentum, closing the week…
8 months ago