Cryptopolitan
2021-09-07 05:11:08

Polkadot Price Analysis: Polkadot tests $35 support, prepares for rally?

TL;DR Breakdown Our Polkadot price analysis suggests bullish signals in the next 24-hours DOT/USD continues into $35 supportDOT is set to test higher lows today Our Polkadot price analysis suggests bullish signals in the next 24-hours of candlesticks after the coin retested the $35 minor support and is currently attempting to consolidate enough strength to sustain the $30 – $39 price level. Therefore, we are looking forward to an uptrend in the course of the day where Polkadot could build another support at $38 and enjoy a continuation to $40. The overall cryptocurrency market trades bullishly, with market leaders BTC and ETH gaining more than 2.5 percent in the last 24 hours, Solana emerging the best performer after a 20 percent gain and ADA increasing by 3 percent.  Polkadot price movement in the last 24 hours: Polkadot still breaks through $35 According to our daily Polkadot price analysis, the DOT/USD underwent a tight daily range of $33 – $35.5 over the last 24-hours. Trading volume increased by 30.50 percent on the daily chart and raked over $2.314 billion. Coin Market Cap data indicated a total market capitalization of $34.7 billion after a 2.93 percent improvement.  Polkadot is ranked position #9 overall among the top ten altcoins by market cap.  DOT/USD 4-hour chart: DOT ready to reverse again? On the 4-hour Polkadot price analysis chart, we see the Polkadot price action advocating for...

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