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 9-28: DOT Stumbles At $5 Yet Again
Polkadot (DOT) fell back in the red during the ongoing session, as it failed to push above $5 yet again, as selling pressure yanked the price down. DOT is currently down by almost 2% and trading around the $4.80 mark, with sellers in control for now. A Bridge Too Far Polkadot (DOT) is in the red once again after strong selling pressure at $5 saw bullish sentiment evaporate as the bears took control. DOT had been extremely bullish this week,…
8 months ago
Polkadot (DOT) Poised For A Move Past $12—Is Now The Time To Buy?
Following a long six-month corrective phase, Polkadot (DOT) is attracting interest once more; some analysts think the token might be about to undergo a major bullish reversal. Among these, a market analyst referred to as “Worlds of Charts” notes that there has been an emerging pattern of a falling wedge at times interpreted as a sign of an imminent upward break. Polkadot’s technical configuration has been consistently gathering steam. investors are attentively observing what might be a notable rise coming…
8 months ago
Explore the 5 must-have altcoins for 2024 including BlockDAG, Solana, Cardano, Chainlink, and Polkadot. Uncover the reasons these cryptocurrencies are great options.
As 2024 unfolds, the cryptocurrency landscape is evolving beyond the giants like Bitcoin and Ethereum, offering a plethora of opportunities through altcoins. These alternative cryptocurrencies are gaining momentum, propelled by their innovative technologies and substantial growth potential. Here’s a detailed guide on the must-have altcoins for 2024 that you should not overlook if you're considering diversifying your investment portfolio or venturing into cryptocurrencies for the first time. 1. BlockDAG (BDAG) - Redefining Blockchain Innovation BlockDAG is rapidly becoming a buzzword…
8 months ago
POLKADOT Price Analysis 9-27: Is DOT’s 6-Month Long Correction At An End?
Polkadot (DOT) has continued its upward trajectory as it inches towards a critical resistance level at $5. A breakout above this level could spark a major rally for the cryptocurrency, which has been in a downward trend for almost six months. Analysts believe DOT is on the verge of a breakout after several indicators, such as the formation of a falling wedge pattern and bullish divergence on several indicators, suggesting a possible rally. The Polkadot (DOT) Price Chart Looking at…
8 months ago
POLKADOT Price Analysis 9-26: DOT Inches Towards $5 As Bullish Sentiment Builds
Polkadot (DOT) resumed its push toward $5 after facing considerable volatility and selling pressure on Wednesday. DOT is up almost 14% in a remarkable turnaround since dropping to a low of $3.98 last Wednesday. Market watchers are hopeful DOT’s recent uptick could act as a catalyst and drive it beyond $5, a level it has struggled to move past since the beginning of August. Can Polkadot (DOT) Continue Rally? Polkadot (DOT) has made an impressive recovery since slipping below $4…
8 months ago
Polkadot Price Analysis: DOT Eyes $5 After Pushing Above $4.50
Polkadot (DOT) broke above the $4.50 level, which had been acting as a strong resistance after an impressive increase of 4.04% on Tuesday. DOT has rebounded strongly after dropping to an intra-day low of $3.98 on September 18, and is up almost 15% over the past 7 days. Polkadot (DOT) Rebounds From September 18 Low After failing to push above the downward-sloping 50-day SMA on September 15, DOT fell back into the red as sellers took control. By Wednesday (September…
9 months ago
EasyA announces the EasyA x Polkadot University, the world’s first university focused on blockchain education
San Francisco, United States, September 24th, 2024, Chainwire EasyA, the world’s leading blockchain education platform, proudly announces the launch of its EasyA x Polkadot University. This will be the world’s first university focused on educating the next generation of blockchain developers. EasyA alumni have already founded companies valued at over $2.5 billion. The EasyA x Polkadot University will bring the next wave of these founders into the Polkadot ecosystem and get them launching their projects on Polkadot. With 1 million…
9 months ago
Tags
PolkadotTags
PolkadotPolkadot Stalls Below $4.5 Even After Agile Coretime Launch: What’s Going On?
Polkadot (DOT) needs help at spot rates. When writing, DOT is still trading below $4.5 despite the broader recovery. Bitcoin and Ethereum, for example, are trading above local resistances now support, at around $60,000 and $2,400, respectively. DOT Struggling, Bulls Capped Below $4.5 A look at the DOT price action in the daily chart reveals that the coin is trending inside the September 14 to 18 bear range. Even though there were gains on September 18, which has since acted…
9 months ago
Polkadot Price Analysis: $DOT Likely to Close in the Red
Polkadot ($DOT) will likely close in the red following a week of tumultuous movement, which saw it fall to a low of $3.98. $DOT has, however, recovered from its low and currently trades for $4.32. Polkadot ($DOT) is trading at $4.32 after falling to a low of $3.98 earlier this week. $DOT made a solid run to recover its lost ground but failed to break above $4.50 on Friday despite reaching $4.49. $DOT Trades in the Red $DOT is trading…
9 months ago