Coin Gabbar Token

Even today, the situation favours buyers, as the price is still recovering from a large drop the previous week.Since August 13, 2022, bears have dominated the market, as the trend has been downward and the<a href="https://www.coingabbar.com/en/cryptocurrency" rel="noopener noreferrer nofollow"> cryptocurrency</a> has seen continuous losses. However, some bullish intervals were also seen, but the bears maintained the upper hand, and all attempts at recovery were unsuccessful. The bulls are trying to make a comeback, but the bearish lead remains unbeatable. The price increased to $7.22 today, showing that the uptrend is continuing.According to price analysis, The 4-hour price chart shows bulls fighting for the lead today, as the price has begun to increase. Although the previous hours were quite supportive for bears due to the market drop, the current situation is exactly the opposite. Buyers are gaining from the scenario, as the price has risen to $7.23 in the previous few hours. It is presently trading at $7.17 after crossing above the SMA 50 curve in the previous few hours, according to its moving average value.The current price of one DOT coin is $7.23, indicating a significant profit of 3.77% in its market capitalization in the previous 24 hours. The coin has a trading volume of 300 million, a profit of 12.02% in the last 24 hours, and a market cap of 8.8 billion. The volume market cap ratio is 0.037.<a href="https://www.coingabbar.com/en/crypto-currency/polkadot-dot-prices-usd" rel="noopener noreferrer nofollow">Today’s Polkadot price analysis</a> on a daily and hourly basis is bullish, as the price has gone up after finding support. The one-day price chart now has green candlesticks, signalling that the market is on the rise. The market value of DOT/USD is already approaching $7.23, but the upward trend is expected to continue.KEY LEVELS :RESISTANCE LEVEL : $7.70-$8.50SUPPORT LEVEL : $6.50-$6.00

Cryptocurrency price update: POLKADOT PRICE ANALYSIS : DOT is trading above the channel line; bulls may hope for $10

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