Crypto:
32522
Bitcoin:
$96.449
% 0.93
BTC Dominance:
%55.8
% 0.22
Market Cap:
$3.44 T
% 0.50
Fear & Greed:
81 / 100
Bitcoin:
$ 96.449
BTC Dominance:
% 55.8
Market Cap:
$3.44 T

DOT Coin Price Analysis: Will It Continue to Rise?

Polkadot

Polkadot (DOT) is an innovative blockchain protocol that enables interoperability between blockchains. Developed in 2016 by Gavin Wood (a co-founder of Ethereum), Polkadot facilitates the transfer of data and assets by connecting different blockchains. The primary goal of DOT is to make the blockchain ecosystem more scalable, flexible, and secure.

Polkadot (Dot)

DOT Price Analysis!

We observe that funds are starting to flow back into established and longstanding projects, and DOT is one of them. For DOT to continue its upward trend, it first needs to break the $9.1 resistance level.

On the other hand, in the event of a pullback, the $7.70 and $6.32 levels emerge as significant support points. Maintaining these levels is critical for the price to recover.


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READ:  What is Polkadot ($DOT)?

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