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Polkadot [DOT] To Move Earthward With Others Assets

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Bitcoin [BTC] had finally slipped down below $35K and all the other assets followed. Polkadot [DOT], however, was seen surging amidst the bloodshed. Bitcoin Cash [BCH] as well as Litecoin [LTC] emerged as big losers of the bear struck market. XRP continued its downward trend which caused the altcoin to remain below $0.30. The DeFi coins that had been prevailing in the last few days were seen on the same downhill journey. The global market cap of the crypto-verse had also plummeted by 3% which led to the figures falling below $1 trillion down to $985.07 billion.

Polkadot [DOT] undoubtedly steered heads with its market cap pushing past $14 billion. The asset hit an all-time high of $19.32 just five days ago, however, at press time DOT was trading for $16.22. Despite this downfall, the fairly new coin retained bulls in its market.

Polkadot [DOT] One Hour Price Chart On Binance

Polkadot

The DOT market was recently subject to an increase in volatility. The volume in the DOT market on Binance was moving earthward after a high. In the one hour price chart of DOT, the Bollinger Bands indicator pointed out that the asset was in for a few more fluctuations, however, the bands were sluggishly moving inwards with a possibility of restraining the high volatility.

Polkadot [DOT] Price Chart On Binance With Indicators

Polkadot

Over the last seven days, DOT had bagged in gains of about 50%. This hot streak was all set to break thanks to the invasion of bears in the DOT market. The Parabolic SAR indicator laid out lines above the candlesticks restraining the likelihood of an upward breakout. The Money Flow Index indicator was heading back below 50 median exhibiting a sellers’ sentiment. The Awesome Oscillator indicator also revealed a bearish momentum by forming red closing bars.

Polkadot could take a plunge downwards as the bears were seen taking over.

Polkadot [DOT] Is Now Part Of The Top Five As Its Market Cap Surpasses $10B

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The cryptocurrency industry was once again a $1 trillion market. Polkadot’s  [DOT] latest jump in terms of the market cap seems to have aided the surge of the global market cap to $1.04 trillion. The retracement Bitcoin and other coins were facing over the week, seemed to be over as all the other coins were seen rising up. Bitcoin [BTC] was aiming to hit $40K with a 9.80% rise over the last 24-hours. At press time, XRP was trading for $38,130 while its market cap stood at $712.51 billion. XRP was the only asset recording a slump while all the other coins were bagging gains.

Polkadot [DOT] was seen trading at $11.94, during press time. Even though the coin entered the crypto-verse during the pandemic, it proved to be one of the most promising assets. Earlier today, the altcoin hit an all-time high of $12.21 as it rose by over 32.66% in the last 24-hours.

Polkadot [DOT] One-Day Price Chart On Binance

Polkadot

The one-day price chart of Polkadot revealed that the asset would most likely continue this upward trajectory. The Bollinger Bands were miles apart which indicated an increase in volatility. The Awesome Oscillator affirmed that a surge in volatility was for the best as it formed a green closing bar and indicated the presence of bulls in the DOT market. The Money Flow Index revealed that DOT was being overbought. The MFI marker was seen recovering from the overbought zone, but a buyer’s sentiment prolonged in the DOT market.

Polkadot’s Market Cap

Polkadot

Polkadot was on a roll. The altcoin surprised several when it made its way into the top ten and remained there for a long time. DOT finally made it to the top five as its market cap pushed past $10 billion. The coin overshadowed coins like Bitcoin Cash [BCH] as well as Litecoin [LTC], which have been in the industry for quite a while now. While XRP had fallen below LTC before, DOT could surpass the troubled asset if it prolonged its journey.

Polkadot [DOT] Slumps Even As Bitcoin Glides Past $40K

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The cryptocurrency industry went from being touted as a medium of illegal activities to a $1 trillion industry. Polkadot [DOT] and Chainlink [LINK], despite being new to the industry were of great help in aiding the $1 trillion journey of the crypto-verse.

While Bitcoin prolonged its journey over the mountains, its market cap didn’t fall behind, at press time, Bitcoin’s market cap was about $724 billion. Bad days were over for XRP as the altcoin had surged by over 43% throughout the week. The asset’s market cap was also back in form as it surpassed Litecoin to regain its position as the fourth-largest cryptocurrency.

At the time of writing, Polkadot [DOT] was trading for $9.58 with a 5.95% fall in the last 24-hours. Despite this downfall, the altcoin managed to retain its position as the seventh-largest coin with a market cap of $8.4 billion. Over the week, the coin had surged by 6.73%.

Polkadot [DOT] One-Hour Price Chart

Polkadot

Most of the assets in the crypto industry were seen dipping while Bitcoin continued to surge. Polkadot [DOT] seemed to be in sync with the other coins as it appeared to be drowning in the red sea. However, the one-hour price chart of the altcoin affirmed that DOT could potentially be gearing up for a change in trend.

The Chaikin Money Flow  [CMF] indicator had fallen down below zero, however, it regained its stance and was seen climbing back over zero to the bullish area. The MACD indicator was exhibiting the same trend as it formed a bullish crossover.

Bitcoin [BTC] One-Hour Price Chart

Polkadot Bitcoin

Bitcoin was seen surging by over 4.61% in the last 24-hours. The king coin was surely headed towards $50K. At the time of writing, the price of BTC was $41,181.91. Over the week, BTC bagged in 34.13% of profits. It looks like Bitcoin was going to continue surging as all the indicators were pointed in that direction.

The Parabolic SAR indicator was seen laying out dotted lines below the candlesticks, restricting the chances of a downward breakout. The MACD indicator formed a bullish crossover and affirmed the presence of bulls in the market.

Polkadot [DOT] Gears Up For A Setback After Hitting An ATH

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The crypto-verse has all eyes on it after Bitcoin [BTC], Ethereum [ETH], Binance Coin [BNB] as well as Polkadot [DOT] reached new peaks. XRP has been recording huge losses after an array of cryptocurrency exchanges bid adieu to the asset. While its tiff with the SEC prolongs, XRP was trading below $0.20 throughout the day. Bitcoin seems to be headed towards the moon as the king coin was moving unstoppably. With a few brief setbacks, Bitcoin seems to be heading towards $30K. The crypto market was painted in both red and green. As some coins were witnessing corrections, a few others were trying to hit new highs.

At the time of writing, the price of Polkadot [DOT] was noted at $7.21 and wasn’t far off from its all-time high of $7.65 that DOT hit earlier today. The altcoin was seen surging by over 11.24% in the last 24-hour. DOT has seen bagging gains of over 46.12% in the last seven days.

Polkadot [DOT] One Hour Price Chart

Polkadot

DOT had immensely high trading volume earlier today as seen in its one-hour price chart. The bulls seemed to have left behind a few traces as the daily moving average revealed a bullish sentiment in the DOT market. The 50 daily moving average [Blue] was seen lounging above the 100 daily moving average [Red] and is labeled as a bullish crossover.

Earlier today, DOT had managed to speed past a prominent line of resistance at $6.8. The coin prolonged its journey and hit an all-time high of $7.65.

Polkadot [DOT] Price Chart With Indicators

Polkadot

The Bollinger Bands indicator was hinting at a decrease in volatility as the bands were seen diverging after staying apart for a while now. The Stochastic RSI indicator pointed out that the marker was in the oversold zone, which further revealed strong sellers’ sentiment. MACD indicator revealed that DOT was going to take a little rest from its trek uphill as signal line took over the MACD line, indicating the presence of bears in the market.

 

Polkadot [DOT] To Record A Slump Despite Being The Star Of The Latest Uptrend

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The entire crypto market was seen entering the bullish realm. Polkadot [DOT] was undoubtedly the star of the show while XRP was the biggest loser of the ongoing uptrend as the altcoin was slumping by over 5% over the course of the day. Bitcoin was getting closer to $20K with a 3.27% surge in the last 24-hours. Binance Coin [BNB], as well as Stellar [XLM], were also seen dipping while almost all the other coins were seen bagging gains.

Polkadot [DOT] at the time of writing was trading for $5.19. The coin made an entry to the crypto-verse recently but managed to secure a place on the top ten. DOT continues to stay on that side with a market cap of $4.66 billion. The altcoin’s daily gains stood at 6.55% while its weekly profits were noted at 9.49%. 

Polkadot [DOT] One Hour Price Chart

Polkadot

A bearish pattern was formulated in the one hour price chart of DOT. With two diverging lines, an ascending broadening wedge was noted in the DOT market. The upper trend line was laid down by higher highs at $4.81, $5.00 as well as $5.29. The lower trend line was identified by higher lows at $4.59, $4.65, and $4.83. The direction of breakout during the formation of the aforementioned pattern is usually downward.

While the pattern was suggesting bear invasion, the daily moving average seemed to be recently relieved from its stay in the bearish territory. A few days ago, the 50 daily moving average [Blue] was seen above the candlesticks which is considered to be bearish, however, it soon went to fall below the candlesticks yet managed to remain above the 100 daily moving average [Orange]. This crossover is most often identified as a bearish crossover.

Polkadot [DOT] Price Chart With Indicators

Polkadot

The indicators used in the one hour chart of DOT seemed to be in sync with the ascending broadening wedge. The Awesome Oscillator was seen suggesting a bearish momentum as the indicator went on to form red closing bars. The Stochastic RSI indicator pointed out that DOT was seen swimming in the oversold zone.

The majority of the indicators as well as the pattern was taking the side of the bears. This could pose as a pullback for DOT from its ongoing uptrend.

Ethereum, Chainlink, Polkadot Technical Analysis On 12th November 2020

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The bulls and the bears were tussling in the crypto-verse. While coins like Ethereum and Bitcoin were seen siding the bulls, almost every other coins were getting cozy with the bears, Bitcoin created quite a stir after it touched $16K for a brief period. The global market cap, at the time of writing, was $455.18 billion with a 1.56% daily increase.

Ethereum [ETH]

The second-largest cryptocurrency ETH was seen contributing to the uptrend that the crypto market was trying to get on. ETH had traveled beyond $400 many times this year and has once again gone that road. During press time, ETH was trading for $461.43 with a 1.19% increase since the last 24-hours. Over the last week, the coin managed to secure gains up to 15.67%.

Ethereum, Chainlink, Polkadot

A sense of contradicting heeds was observed in the ETH market. The Chaikin Money Flow [CMF] indicator was seen in the bullish area. However, the marker seemed to be heading down towards the bearish realm. The Awesome Oscillator had already switched sides by forming red closing bars.

Chainlink [LINK]

LINK had pushed BCH down and took over its position as the fifth-largest cryptocurrency. LINK’s market cap was noted at $4.994 billion at the time of writing while its price stood at $12.76. The coin had witnessed immense gains over the past few weeks, it was one of the top gaining coins as it incurred gains upto 24.13% in the last seven days. However, during press time, the coin was slumping by 1.58%.

Ethereum, Chainlink, Polkadot

LINK’s one hour price chart revealed that the coin was headed towards a trend reversal. The Parabolic affirmed the presence of bulls by laying out dotted lines below the candlesticks barricading the possibility of a downward breakout. The Klinger Oscillator also affirmed the same by forming a bullish crossover.

Polkadot [DOT]

DOT was seen aiding the bears by dropping down. The altcoin was trading for $4.41 at the time of writing. The fairly new coin secured a position in the top ten with a market cap of $3.865 billion. The DOT market also garnered gains of over 8.22% over the last seven days.

Ethereum, Chainlink, Polkadot

The bears had taken over the DOT market. In the short-term price chart of the coin, the MACD indicator formed a bearish crossover with the signal line above the MACD line. The Relative Strength Index also revealed a sellers’ sentiment as the marker was below 50 median.

Polkadot, Tezos, Chainlink Technical Analysis On 11th November 2020

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A reversal of trend was underway as the entire crypto community was turning green since yesterday’s dainty slump. Polkadot along with a few other coins like Ethereum and Chainlink was seen contributing to this change. The global market cap of the crypto-verse was also in sync with the current market as it was surging by 0.36% pushing the final digits to $447.38 billion. After garnering gains up to 12.35% over the last seven days, Bitcoin was dominating the crypto market by 63.9%.

Polkadot [DOT]

This fairly new coin caught the eye of many with its entry into the top ten. Even though DOT fell off a few spots, it continued to remain in the top ten with its market cap at $3.952 billion. At the time of writing, DOT had surged by 2.66% over the last 24 hours, pushing its price to $4.51. The altcoin managed to secure gains up to 13% over the last seven days.

Polkadot, Tezos, Chainlink

The Parabolic SAR indicator formed dotted lines below the candlesticks and immunized DOT from any potential downward breakout. The Relative Strength Index indicator also followed suit by revealing strong buyers’ sentiment in the DOT market. The DOT market was seen recovering from its recent trip to the overbought zone.

Tezos [XTZ]

XTZ was also seen aiding to the reversal of trends that the crypto market is headed towards. After acquiring gains of over 15% over the last seven days, the altcoin was trading at $2.14, during the time of writing. XTZ was surging by 1.61% over the past 24-hours with a market cap of $1.606 billion.

Polkadot, Tezos, Chainlink

It seemed like XTZ was going the other way as a bearish sentiment was witnessed in the XTZ market. The Awesome Oscillator welcomed the bears with the formation of red closing bars. The MACD line slumped below the signal line and formed a bearish crossover.

Chainlink [LINK]

LINK was the star of the last week following a 28.28% surge over the last seven days. Similar to Polkadot, Chainlink also entered the crypto sphere recently. The altcoin was trading for $13.11, at the time of writing and was increasing by 2.81% over the previous 24-hours.

Polkadot, Tezos, Chainlink

The uptrend that has been taking over the market is rather temporary as the bears were prepping to enter it. The Chaikin Money Flow indicator bid adieu to the bullish realm and was journeying into the bearish territory. The Klinger Oscillator formed a bearish crossover and revealed its stance to the community.

Chainlink, Bitcoin Cash, Polkadot Technical Analysis On 7th November 2020

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Some good gains were observed by several cryptocurrencies. However, Chainlink was on a roll as it was outperforming every other coin in terms of price change. Bitcoin was trying hard to push past $16K and was also dominating the crypto markets by 63.9%. The overall crypto market cap had increased by 1.27% pushing the value to $450.59 billion.

Chainlink [LINK]

LINK is undoubtedly the star of the year. After its brief fall, the altcoin was seen climbing back onto the crypto ladder as its market cap was seen surging over $5 billion. The coin was trading for $13.27 during the time of writing and was up by more than 14.82% in the last 24-hours.

Chainlink

The bulls were prolonging their stay in the LINK market. The Parabolic SAR indicator disrupted the chances of a downward breakout as dotted lines were formed below the candlesticks. The Chaikin Money Flow [CMF] indicator was also screaming bulls as the CMF marker was above zero.

Bitcoin Cash [BCH]

Bitcoin Cash was overpowered by LINK as the former made way for the latter to take over the position of the fifth-largest cryptocurrency. The market cap of BCH was at $5.06 billion while its price was at $273.48. The altcoin was also benefitting from the ongoing uptrend as it was seen surging by 6.56% over the last 24-hours.

Chainlink, Bitcoin Cash, Polkadot

On the one-day price chart of BCH, the bulls were seen ousting the bears. The Relative Strength Index indicator [RSI] was indicating a buyers’ sentiment as the marker was over 50 median. The Klinger Oscillator was seen going for a bullish crossover.

Polkadot [DOT]

After enduring a rough patch, DOT was seen getting back into the game. The fairly new coin did undergo a brief dip in its market cap. However, the price of the altcoin was seen rising by 9.36% over the last seven days. At the time of writing, DOT was trading at $4.62.

Chainlink, Bitcoin Cash, Polkadot

The DOT market was going to see better days ahead as the key indicators used on the one day chart of DOT highlighted the presence of bulls. The MACD indicator formed a bullish crossover as the MACD line took over the signal line. The Awesome Oscillator indicator also affirmed bull take over with a formation of green closing bars.

 

Monero, Polkadot, Cardano Technical Analysis On 5th November 2020

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The crypto-verse has been attracting the bulls into its market and ousting the bears. However, Monero, Polkadot, and Cardano were seen in the red zone. Bitcoin has been spearheading the crypto market by hitting $14K while its dominance surged up to 65.3%. The global crypto market cap was also on an uptrend as it was rising by 5.15% over the last day pushing the total market cap to $415.98 billion.

Monero [XMR]

Monero was climbing up the crypto ladder in terms of market cap as it surged past $2 billion. However, the price of the privacy coin was seen depleting down by 4.74% over the last 24-hours. The altcoin was trading at $112.66 and the coin had endured a week-long loss of more than 8%.

Monero ,Polkadot, Cardano

XMR was seen swimming in troubled waters as the bears had fully taken over the XMR market. The short term price chart of the privacy coin was screaming bears as the Parabolic SAR indicator formed dotted lines above the candlesticks hindering the possibility of an upward breakout. The Relative Strength Index indicator was seen drowning in strong sellers’ sentiment.

Polkadot [DOT]

DOT retained its position in the top ten as its market cap was a little over $3 billion. The fairly new coin was seen on the greener side with its price at $4.05 with a 2.84% rise over the last 24-hours. DOT had also fallen prey to the bear invasion over the last seven days as the altcoin dipped by 5%.

Monero ,Polkadot, Cardano

A bearish notion was overhauling the entire crypto market. The DOT short term price chart accommodated the bears. The MACD line was seen lounging below the signal line following a formation of a bearish crossover. The Klinger Oscillator also acknowledged bears in the DOT market with a formation of a bearish crossover.

Cardano [ADA]

ADA was seen steering away from the bulls as it was getting cozy with the bears. The coin dropped down by 4.96% over the last seven days. However, the coin recorded a dainty dip over the last 24-hours. At the time of writing, ADA was trading at $0.092730.

Monero ,Polkadot, Cardano

The Chaikin Money Flow [CMF] indicator was taking the side of the bears as the CMF marker was reposing below zero. The Awesome Oscillator indicator also suggested the presence of bears after the formation of red closing bars.

Polkadot, Monero, Tron Technical Analysis on 31st October 2020

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The bulls had once again made an entry into the crypto market as it turned green at press time. The market cap was back in the $400 billion zone with a 3.76% rise after its latest slump. Bitcoin was seen heading towards $14K with a 4.59% surge in the last 24-hours. The king coin asserted its dominance over the market by 63.7%.

Polkadot [DOT]

Even though DOT has been slumping with respect to its market cap, the coin continued rising in terms of price change. During the time of writing, the altcoin was trading at $4.21 with a 4.50% increase in its price over the last 24-hours. DOT stood as the eighth largest coin with a market cap of $3.58 billion.

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The bulls were bound to stay in the DOT market as key indicators used in the coin’s one hour price chart welcomed the bulls. The Parabolic SAR indicator hindered any possibility of a downward breakout as the dotted lines stood as a shield below the candlesticks. The Awesome Oscillator indicator formed green closing bars acknowledging the presence of bulls.

Monero [XMR]

The privacy coin XMR was seen returning to its habitat. The fourteenth largest coin was trading for $122.86 with a 2.30% rise in its price over the last 24-hours. The coin’s market cap was noted at $2.17 billion during the time of writing.

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The bulls were raging in the XMR market as well. The Chaikin Money Flow [CMF] indicator proposed a bullish sentiment as the CMF marker was above zero. The Relative Strength Index [RSI] indicator exhibited a neutral notion as the RSI marker was exactly at 50 median, at press time.

Tron [TRX]

TRX was sending the bears out of its market as the altcoin was rising by 2.15%, at press time. The price of Justin Sun’s crypto asset was $0.0259 after witnessing a 2.56% dip over the last seven days. Additionally, the coin’s market cap was recorded at $1.86 billion, during the time of writing.

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Justin Sun’s crypto asset was destined to accommodate the bulls. The MACD line took over the signal line earlier today and formed a bullish crossover. The Klinger Oscillator affirmed the presence of bulls as it developed a bullish crossover on its short term price chart.