Satoshi

Polkadot

Resistance

Read

RebelSatoshi

<p>Polkadot’s (DOT) price trajectory has comprised noticeable shifts in the current crypto market. Various experts, including The Cryptomist and Planfomo, have shared their insights. Moreover, they predict potential bullish trends against a backdrop of significant resistance levels.</p>
<h2 class="wp-block-heading" id="strong-expert-insights-and-predictive-dot-analysis-strong"><strong>Expert Insights and Predictive DOT Analysis&nbsp;</strong></h2>
<p>The Cryptomist shared their <a href="https://x.com/Thecryptomist/status/1805946568098406531" target="_blank" rel="noopener noreferrer nofollow">insights on Polkadot (DOT)</a>, highlighting profits from an earlier post. They mentioned taking precautions by securing profits while waiting for a 4-hour bullish divergence on Bitcoin. According to them, Polkadot is primed for significant movement once Bitcoin stabilizes or finds its bottom.</p>
<figure class="wp-block-image is-resized"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdxEFppul7nP5J04Mb08mAH9u__oI-F9BR7DmJjI4qdgU54DuqjLQrrubHV8-ZkRyzG27cQOYJHzmdoSOzQdhO4kHAZxVqWWfvf2F-3hLY6DSU7e0IdrLYM7OHimf4Ie-iNh_uqTv-Xhzoy58uzP8ZdJeWu?key=TYTL1S9yd-rg87SkAYRMnQ" alt="" style="width: 100%;height:auto">
</figure>
<p>Analyst Planfomo <a href="https://x.com/planfomo/status/1806045147789926855" target="_blank" rel="noopener noreferrer nofollow">also provided analysis on Polkadot</a>, noting that it has been overlooked. They observed that DOT found some support and formed a potential falling wedge pattern on the daily timeframe. They believe a breakout could lead to a full send, emphasizing the importance of this technical formation.</p>
<p>Both analysts agree on key resistance levels for Polkadot. The Cryptomist plans to add more if resistance is broken. Additionally, Planfomo identified resistance zones between $6.5-$7.0 and $8.5-$9.4. Overcoming these zones is crucial for Polkadot to change its market structure and regain momentum.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="strong-polkadot-price-analysis-strong"><strong>Polkadot Price Analysis</strong></h2>
<p>An analysis Polkadot’s (DOT) price chart on TradingView showed signs of market indecision at the time writing. The daily chart reveals a small body with long wicks, indicating a balance between buyers and sellers.&nbsp;</p>
<p>However, the overall trend remains bearish, with the price below the 200-day Exponential Moving Average and the weekly Simple Moving Average sloping downward.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXc38YexTwpB6hbyvqGNHCniNXkVyRXJlToKWEJi6ceW-C7-q5dKEa0NiGBjhsp1e09ER_lseaTELrTgKc_NDmZrC0HCEi5wBRNR8xycVpNjCl9yJNPvdgZipLnqkDTVxl5d7IZ_42uU_b75MhB3t4jnTbeI?key=TYTL1S9yd-rg87SkAYRMnQ" alt="">
 <figcaption class="wp-element-caption"><strong><em>DOT daily price chart Source: </em></strong><a href="https://www.tradingview.com/x/1lPfsDJh" target="_blank" rel="noopener noreferrer nofollow"><strong><em>TradingView</em></strong></a>
 </figcaption>
</figure>
<p>DOT’s indicators suggest a potential short-term upward movement despite the bearish trend. The RSI at 38.47 nears oversold territory, hinting at a possible bounce soon. The MACD’s bullish crossover could signal a buying opportunity. Support at 5.364 and resistance at 5.741 and 6.057 are crucial levels to watch.</p>
<p>The 200-day EMA at 7.047 emphasizes DOT’s ongoing downtrend. Bollinger Bands show DOT’s price near the lower band, indicating it might be oversold. Volume analysis reveals weakening selling pressure with a trading volume of 785.974K. This aligns with the possibility of a short-term reversal.</p>
<p>Moreover, Bollinger Bands further illustrate market sentiment with the upper band at 6.750, middle at 6.057, and lower at 5.364. DOT touching the lower band suggests a potential bounce. Besides, volume analysis supports this as it shows weakening selling pressure. These indicators collectively point to a possible upward movement soon.</p>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/massive-bitcoin-mining-firm-reveals-its-mining-kaspa-kas-price-surges/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Massive Bitcoin Mining Firm Reveals Its Mining Kaspa: KAS Price Surges</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-key-levels-to-watch-strong"><strong>Key Levels to Watch</strong></h2>
<p>Support and resistance levels play a crucial role in DOT’s price action. The lower Bollinger Band around 5.364 serves as a critical support level for the token. Resistance is encountered near the weekly SMA at 5.741 and the middle Bollinger Band at 6.057.</p>
<p><em><strong>Join&nbsp;<a href="https://captainaltcoin.com/go/aethir/" target="_blank" rel="noopener noreferrer nofollow">Aethir’s exclusive airdrop</a>&nbsp;and earn badges by participating in events or holding community tokens. Complete tasks and secure your spot before the snapshot date is revealed!</strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/polkadot-price-prediction-dot-must-overcome-this-resistance-to-flip-bullish-as-analysts-eye-decisive-breakout/" rel="noopener noreferrer nofollow">Polkadot Price Prediction: DOT Must Overcome This Resistance to Flip Bullish as Analysts Eye Decisive Breakout</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Polkadot Price Prediction: DOT Must Overcome This Resistance to Flip Bullish as Analysts Eye Decisive Breakout

İçindekiler

CaptainAltcoin

27 Haz 2024 tarihli diğer yazılar

Kaleo Foresees Dogecoin Surge

Solana jumps 8% as VanEck files first SOL ETF bid

Kaspa Price Prediction: KAS Jumps 11% After MARA Says It Mined Kaspa, And This P2E Presale Blasts...

Breaking: Whales Acquire Over 7,000 Bitcoin in One Day—Is a Price Surge on the Horizon?

Fake Elon Musk video use to promote crypto scam

BREAKING: First Spot Solana ETF Filing Officially Submitted In The US

Güncel kripto para haberleri için ücretsiz bültenimize abone olun!