#polkadotcoin

[lucrumlive]

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◽DOT pushes 40% off weekly low. ◽DOT Price is still stuck within a descending channel. ◽200MA has continued to act as resistance.

Stay Updated:➡ https://www.lucrum.live/

[cryptofighter94]

POLKADOT ANALYSIS DOT/USDT Polkadot (DOT) has been trading in a tight range between $13 and $16.93 for the past few days. A tight consolidation near the support is a negative sign as it shows that the bulls are not able to overcome the supply and push the price higher. Both moving averages are sloping down and the RSI has turned down from 41, suggesting that bears are in control. If the sellers sink the price below $13, the DOT/USDT pair could witness sharp selling, which may pull the price down to $10 and then $7.50. On the contrary, if the bulls again defend the $13 support, the pair could extend its stay inside the tight range for a few more days. A breakout and close above $16.93 will be the first indication that demand exceeds supply. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #polkadotday #polkadotcoin #polkadotcoins #polkadot https://www.instagram.com/p/CRAz3YsMGbQ/?utm_medium=tumblr

[cryptofighter94]

POLKADOT ANALYSIS DOT/USDT The bulls are attempting to stall Polkadot’s (DOT) decline near the May 23 low at $13.63. However, the bulls are unlikely to have it easy as the relief rally could face selling near the 20-day EMA ($21). Both moving averages are sloping down and the RSI is in the negative territory, suggesting the path of least resistance is to the downside. If the price turns down from the current level or the 20-day EMA, the bears will try to resume the downtrend. A break below $13 could open the gates for a further fall to the psychological support at $10 and then to $7.50. This negative view will be nullified if the bulls push and sustain the price above the 20-day EMA. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #polkadotcoin #polkadotcoins #polkadot #polkadotday https://www.instagram.com/p/CQfN9b5g8Ax/?utm_medium=tumblr

[cryptofighter94]

Polkadot (DOT) Struggles to Hold Support After Breakdown Polkadot (DOT) is attempting to hold on above a long-term support area at $19. There are currently no bullish reversal signs in place. In addition, DOT has broken down from its short-term pattern, further adding to the bearish sentiment. Polkadot attempts to hold on above support DOT has been moving downwards since May 15 when it reached an all-time high price of $49.78. The decrease continued until a local low of $13.73 was reached on May 23.  The price rebounded shortly after, reclaiming the $19 support area. However, it has decreased to it once again and could break down. Technical indicators are bearish. The MACD signal line is below 0, even though the histogram is showing strength. Furthermore, the RSI has been rejected by the 50-line and the Stochastic oscillator has made a bearish cross (red icon). Despite this, the ongoing decrease looks like an A-B-C corrective structure, in which waves A:C have a 1:1.61 ratio. So, it’s possible that this is not the beginning of a new bearish impulse. A look at lower time-frames is required in order to determine this. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #polkadot #polkadotday #polkadotcoin #polkadotclub #polkadotcoins #polkadots https://www.instagram.com/p/CQYejKKAtC9/?utm_medium=tumblr

[cryptofighter94]

Raise a PINT to Polkadot’s new index token: Six top projects sign up The source code for the upcoming Polkadot Index Network Token, or PINT, has been made public, with half a dozen projects putting their hand up to be included in the index. The project has outlined a four-phase roadmap that it expects to culminate in mainnet launch within three months. According to an April 14 announcement, six of Polkadot’s leading projects have already given “soft commitments” for inclusion in the index, including Acala Network, Equilibrium, HydraDX, Litentry, Moonbeam, and Plasm. The PINT token seeks to offer investors balanced exposure to the emerging Polkadot ecosystem, hedging the volatility of individual projects against the broader performance of the sector. PINT will be available for trade on decentralized exchanges in future, and can be directly minted using DOT. PINT’s developers are hoping to see the index adopted as a “treasury reserve asset” across the Polkadot ecosystem, offering an alternative to exclusively holding native tokens as treasury reserve without the complexities associated with active treasury management. A council will be tasked with governing the token’s index, and a ‘Constituent Committee’ formed with representatives from each project included in the index. The six index hopefuls have committed to joining it. The PINT Council will govern all aspects of the index and oversee a native treasury that is partially financed by collecting fees from staked assets contained within the index. However the Constituent Committee will have veto powers on the Council's decisions. The index is a collaborative effort between staking service provider, Stateless Money, and blockchain development team ChainSafe. Stateless Money will coordinate the project, while ChainSafe will serve as its primary development partner. Cross-chain DeFi DAO, StakerDAO, also voted in favor of PINT’s creation using treasury funds, and will receive a share of the fees generated by the index. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #polkadot #polkadotcoin #polkadotclub #polkadotcoins #polkadots #dot #deficoinprice #deficoin #deficoins #defi https://www.instagram.com/p/CNq8q4YAnn-/?igshid=whe36mr3ngyj

[cryptofighter94]

POLKADOT DOT ANALYSIS DOT/USDT Polkadot (DOT) broke above the downtrend line on April 2 and made a new all-time high at $46.80 on April 3. However, the higher levels attracted profit-booking as seen from the long wick on the day’s candlestick. The bears could not build upon their advantage as the bulls purchased at lower levels and have pushed the price back above $42.28 today. The 20-day EMA ($36.57) has turned up and the RSI has risen into the overbought zone, indicating the bulls are in control. If the bulls can now drive the price above $46.80, the DOT/USDT pair could resume the uptrend and rally to the target objective at $53.50. This positive view will invalidate if the price turns down and breaks below the moving averages. The moving averages are sloping up and the RSI is in the positive zone, indicating that the short-term trend is bullish. The strong rebound off the 20-EMA indicates that the bulls are aggressively accumulating on dips. This increases the possibility of a break above $46.80. However, if the price turns down from the current levels and breaks below the 20-EMA, it will suggest that supply exceeds demand. Such a move could pull the price down to the 50-SMA. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #polkadot #polkadotcoin #polkadots #polkadotclub #polkadotcoins https://www.instagram.com/p/CNQ57pqA_qx/?igshid=11qur4tq85k8u

[cryptofighter94]

POLKADOT ANALYSIS Polkadot (DOT) broke above the resistance line of the symmetrical triangle on March 20 but the long wick on the candlestick suggests the bears are selling on rallies. However, the bulls held the 20-day EMA ($35.74) on March 21 and will now again attempt to push the price above the triangle. If they manage to do that, the DOT/USD pair could retest the all-time high and if that level is conquered, the uptrend could reach the pattern target at $55. The RSI has risen above the downtrend line and the moving averages are gradually sloping up, which shows the momentum is turning in favor of the bulls. Contrary to this assumption, if the price turns down from the current level or the $40 to $42.28 overhead resistance zone, the bears will try to sink the pair below the support line of the triangle. If they succeed, the pair could start a deeper correction. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #polkadot #polkadotcoin #polka #polkadots #dot #defi #deficoin #deficoins https://www.instagram.com/p/CMvt1DTAX4M/?igshid=8zr4r6fbsxv4

[cryptofighter94]

POLKADOT ANALYSIS DOT/USD Polkadot (DOT) has been sustaining above the 20-day EMA ($35) for the past two days, which is a positive sign. The bulls are currently trying to push the price above the resistance line of the symmetrical triangle. If they succeed, it could resume the uptrend. The bulls may face stiff resistance at the all-time high at $42.28 but if they can thrust the price above it, the DOT/USD pair could rise to the pattern target at $55. The 20-day EMA is moving up gradually and the RSI has risen above the downtrend line, which shows the bulls are attempting to gain the upper hand. This view will invalidate if the pair turns down and breaks below the support line of the triangle. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #polkadot #polkadotcoin #polkadots #dot #altcoinfeeds #altcoinseason #altcoiner #altcoinarmy #altcoindaily #altcoin #altcoininvesting #altcoingenius #altcoinnews #altcoinfinale #altcoins https://www.instagram.com/p/CMp2aFwg-UJ/?igshid=1ubpzuftktg7z

[cryptofighter94]

POLKADOT ANALYSIS DOT/USD Although the bulls have successfully defended the 20-day EMA ($34.79) in the past few days, they have not been able to push Polkadot (DOT) above the $37.50 to $40 overhead resistance zone. This suggests that demand dries up at higher levels. The flattening 20-day EMA and the RSI below 53 suggest the bulls may be losing their grip. If the price sustains below the 20-day EMA, the selling could intensify as the short-term traders may rush to the exit. This could pull the DOT/USD pair down to the 50-day SMA ($28.73). This bearish view will invalidate if the price turns up from the current level and breaks out of the $40 to $42.50 resistance zone. Such a move could start the next leg of the uptrend that may reach $52.50. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #polkadot #polkadotcoin #polka #polkadots #dot #nftcoin #nftcoins #nfts #nft #altcoinseason #altcoiner #altcoinarmy #altcoingenius #altcoininvesting #altcointrading #altcoinnews #altcointrader https://www.instagram.com/p/CMdzbWVBmHv/?igshid=jdzi2c3brehd

[cryptofighter94]

A Popular Analyst Predicts Polkadot (DOT) Price to Hit $300 Very Soon! Bullish Divergence Follows Polkadot Price Polkadot price manifested bull ride vibes a couple of days before indicating a possible initiation of a Polkadot Season. The bull run escorted the asset to enter the top 5 cryptocurrencies including Cardano. Despite both lost their positions, DOT successfully regained the lost position and currently is the fourth largest cryptocurrency according to market capitalization. The Polkadot ecosystem is anticipated as the upcoming blockchain platform addressing the issues of the current trending ethereum ecosystem. And hence, many projects are scheduled to be released in 2021 which may rally the DOT price to the next level.  However, the projects currently working on the Polkadot ecosystem like Kusama(KSM), Polkastarter(POLS), Polkacover(CVR), Polkabridge(PVR), etc are performing exceptionally with a notable surge. Guys Stay Bullish, Stay Humble, Stay Put 🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙🤙 #polkadots #polkadot #dot #polka #polkadotcoin #altcoindaily #altcoin #altcoinfeeds #altcoininvesting #altcointrading #altcoinnews #altcointrader #altcoins https://www.instagram.com/p/CLkOJfllKmu/?igshid=bq15uu009abv

[cryptofighter94]

Coinbase Pro to List Polkadot (DOT) on Its Platform Coinbase, the US-based cryptocurrency exchange, announced on Monday support for Polkadot (DOT) within its Coinbase Pro offering. Although transferring DOT into Pro accounts is now possible, trading will be enabled after 16 GMT on June 16 only if liquidity conditions are met, the company clarified. According to the firm, once enough DOT supply is set on the exchange’s platform, trading on DOT-USD, DOT-BTC, DOT-EUR, DOT-GBP, and DOT-USDT order books will be deployed in three phases known as post-only, limit-only, and then full trading. “If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules,” Coinbase noted. Polkadot (DOT) is not available on Coinbase’s website or mobile apps, although the exchange stated such plans would be announced when the support is enabled outside Coinbase Pro. Support for DOT will be available for most supported countries in the publicly-listed crypto exchange, but the firm highlighted it wouldn’t be allowed for Singapore. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #polkadotcoin #polkadotcoins #polkadot #polkadots #polkadotclub #dot https://www.instagram.com/p/CQH_sqlghlU/?utm_medium=tumblr

[cryptofighter94]

Price analysis 2/22: BTC, ETH, BNB, DOT, ADA, XRP, LTC, LINK, BCH, XLM Bitcoin and altcoins both saw a strong bounce off their intraday lows, which signals that traders still view dips as buying opportunities. Every uptrend witnesses periodic bouts of profit-booking as short-term traders tend to unwind positions either on adverse news or at critical technical resistance levels. This occurred with Bitcoin (BTC) today as the price momentarily dropped below $48,000 and traders scrambled to close or top up positions before being liquidated. Elon Musk’s tweet on Feb. 20 that said Bitcoin prices “seem high” and the U.S. Treasury Secretary Janet Yellen’s warning today on Bitcoin being “extremely inefficient” could have short-term sentiment. #altcoinfeeds #altcoindaily #altcoin #altcoininvesting #xrphodler #xrpupdate #xrpcommunity #bitcoinbullish #bitcointrading #bitcoinpump #bitcoinisking #bitcoins #bitcoinnews #bitcoinprice #bitcoindaily #bitcoinholders #ethereumtrading #ethereum #ethereumpump #polkadot #polkadotcoin #dot #eth #cardano #cardanocoin #cardanocoins #ada #litecoin #litecoins #ltc https://www.instagram.com/p/CLn1XTwFs9g/?igshid=1cemk96pbmu9t