According to Coindesk Research’s technical analysis model, Polkadot’s Dot has dropped by more than 3% in the last 24 hours, sliding from $4.09 to $3.96.
According to the model, support formed a level of around $3.91-$3.93 with prominent volume spikes during the overnight trading session.
Volume analysis refers to exhaust sales near the current support zone.
According to X’s post, the tie presented a webinar today on real-world use cases for the polka dot blockchain.
The decline in DOT was brought about by the wider crypto market as well, as the broader market gauge, the Coindesk 20, which has recently dropped by 1.2%.
In recent trading, DOT was 3.1% lower in 24 hours, trading at around $3.95.
Technical Analysis:
Prices fell by more than 3% in 24 hours from $4.09 to $3.96. Support levels have established a range of approximately $3.91-$3.93. Resistance zones are identified between $4.03-$4.07.Volume spikes.
Disclaimer: Some of this article was generated with the support of AI tools and reviewed by our editorial team to ensure accuracy and compliance with the standards. For more information, see Coindesk’s complete AI policy.
