Polkadot

Resistance

Coin

<ul class="news-points">
 <li>DOT has bounced 55% from October’s yearly low in a remarkable recovery, and is now eyeing the $6.00 milestone.</li>
 <li>DOT’s RSI and trading volume signal growing momentum, but MACD hints at potential bearish turbulence.</li>
 <li>Polkadot ventures into traditional finance with a $1 million investment in U.S. treasury bills, bridging blockchain and conventional systems.</li>
</ul>
<a href="https://coinedition.com/tag/polkadot-dot/" target="_blank" rel="noopener noreferrer nofollow">Polkadot’s native cryptocurrency, DOT</a>, has recently witnessed a significant surge, exceeding market expectations. Over the past 24 hours, DOT has seen an increase of more than 6%, reaching trading levels around $5.50, the highest in the last week.&nbsp;
According to CoinStats, <a href="https://coinedition.com/polkadot-price-analysis-shows-dot-rejected-at-7-8-next-move/" target="_blank" rel="noopener noreferrer nofollow">DOT</a> was trading at $5.46 at press time, a 5.72% increase from its intraday low of $5.16. DOT’s market capitalization increased by 2.12% to $6,832,394,520, demonstrating investor optimism.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/FGi2Nq6Td2HgnO2tpbw0WbcFRtY2IiR23k5sLG4DH0uWYoKUyM5u5AyckFELfdV0OLuhM1r0yiEhjx6ru88iPjLnH8fpEiXJckcczOMTkmPqEC9lwA2lbrX13wl-1RpSfSl6mLPOxbGoYXJ2" alt="">
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 DOT/USD 24-hour price chart (source: <a href="https://coinstats.app/coins/polkadot/" target="_blank" rel="noopener noreferrer nofollow">CoinStats</a>)
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This rise represents a substantial recovery from its previous low October low of $3.50, marking an increase of over 55%. Overall, current market trends suggest a strong bullish sentiment, as traders target the $6.00 benchmark.
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 <a href="https://twitter.com/search?q=%24DOT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$DOT</a> Polkadot is positioned for a Monthly Close beyond the top of the p…
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The post <a href="https://coinedition.com/polkadot-dot-hits-7-day-high-as-bulls-aim-to-break-resistance/" rel="noopener noreferrer nofollow">Polkadot (DOT) Hits 7-Day High as Bulls Aim to Break Resistance</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Polkadot (DOT) Hits 7-Day High as Bulls Aim to Break Resistance

Coin Edition

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