Bullish Shark (1.618 Momentum-Extension)Bullish Shark, XABCD Pattern and ABCD Pattern tools, using reciprocal fibonacci extensions
Key stats
About Polkadot
Launched in 2020, Polkadot is sometimes described as a ‘layer-0’ blockchain as it hosts an ecosystem of blockchains. It’s a ‘parachain’ protocol — which, put simply, means it allows for ease of communication between separate cryptocurrencies. Founder Dr. Gavin Wood (formerly the CTO of Ethereum) sees Polkadot as synonymous with the web3 and its decentralized makeup, which is pretty unsurprising given he literally coined the term in 2014. Its native token DOT is used for staking, governance, and ‘bonding’ — the act of bonding DOT tokens with new chains on the network.
POLKADOT - Buy Idea (Medium-term)The Polkadot had been bottoming out right off the last line of local support at $6.86, and is starting to turn around. This is a strong indication that price action is gearing up for an upside reversal. A new bull cycle will propel price action back to the levels it came from. We're issuing a new bu
DOT Head and Shoulders Reversal Might Be Confirming Today on the
Polkadot (DOT) might be experiencing a significant trend reversal on the 4-hour timeframe, as a classic Head and Shoulders pattern appears to be nearing confirmation. This pattern suggests that after a bullish trend, DOT could shift into a bearish trend, providing a strategic sell opportunity for
Polkadot: New Yearly High Soon?Polkadot is currently showing a slight downward trend. However, since hitting the pink wave II low at $7.42, the cryptocurrency has made a significant recovery. According to our primary scenario, the ongoing impulsive wave III should push the price well above the $10.52 resistance before the next in
Dot Value Buy
A spot purchase for DOT holds value for long-term holders here. The 89 SMA (Blue) and 377 SMA (Red) converge soon, while the 34 SMA is the Black MA). The price may go lower, but I see value here for long-term holders. It is hard to predict what the market will do.
DOT on a Dip?When the market pulls back, instead of looking for momentum trades, its best to look for a dip to buy. If this ascending trendline gives up, Dot will probably go sub $6, however, its likely to hold up here, and that makes this right about the best time to enter, if this ascending trendline does hol
Polkadot RebornAs always, I’ve kept the chart simple and straightforward, so there’s no need for lengthy explanations:
- Bubbles: Red represents resistance, and green indicates support.
- Trends: Clearly marked with blue lines.
- Historical Resistance: Illustrated with violin lines.
Key Notes:
- As I’ve expl
POLKADOT - Sell Idea (Short-term)The turn around right off the key-level resistance of 11.15 suggests that the price action is gearing up for a downside reversal. A significant technical correction is already well overdue regardless. We're jumping into a new short position, targeting the next important key-level support at 8.23
Polkadot (DOT) Price Prediction: $10 to $52 – Key Targets AheadPolkadot (DOT) is currently trading at $10, with bullish momentum aiming for key targets: $22, $32, and a final target of $52. Enter when weekly candle closes above $13.6 in weekly. Analyze the market trends and strategic levels driving DOT’s potential surge. Is this the next big breakout?
Polkadot (DOT) Price Prediction: $10 to $52 – Key Targets AheadPolkadot (DOT) is currently trading at $10, Enter above $13.6 in weekly chart with bullish momentum aiming for key targets: $22, $33, and a final target of $52. Analyze the market trends and strategic levels driving DOT’s potential surge. Is this the next big breakout?
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Displays a symbol's price movements over previous years to identify recurring trends.
Curated watchlists where DOTUSD is featured.
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Frequently Asked Questions
The current price of Polkadot (DOT) is 6.867 USD — it has fallen −6.14% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing DOT price chart.
The current market capitalization of Polkadot (DOT) is 10.52 B USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
Polkadot (DOT) trading volume in 24 hours is 313.06 M USD. See how often other coins are traded in this list.
Polkadot price has fallen by −8.30% over the last week, its month performance shows a −14.49% decrease, and as for the last year, Polkadot has decreased by −21.12%. See more dynamics on DOT price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Polkadot (DOT) reached its highest price on Nov 4, 2021 — it amounted to 55.134 USD. Find more insights on the DOT price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Polkadot (DOT) reached the lowest price of 3.566 USD on Oct 19, 2023. View more Polkadot dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of Polkadot (DOT) is 1.53 B USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
The safest choice when buying DOT is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade DOT right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Polkadot (DOT): today its technical analysis shows the sell signal, and according to the 1 week rating DOT shows the buy signal. And you'd better dig deeper and study 1 month rating too — it's buy. Find inspiration in Polkadot trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Polkadot (DOT) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Polkadot is estimated as 1.49% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Polkadot, you can find more inspiration in our curated watchlists.
You can discuss Polkadot (DOT) with other users in our public chats, Minds or in the comments to Ideas.