Polkadot Price Analysis for Today (December 28, 2024)

The current price of Polkadot ($DOT ) is $6.87 , the price is down -4.38% in the last 24 hours. DOT is currently listed on 57 exchanges , and 32,682,321 DOT coins have been traded in the last 24 hours, representing $224,549,217 in trading volume.

Polkadot (DOT) opened at $6.92 today. It is down -0.65% from the opening price. Despite rallying to $6.93, Polkadot (DOT) has encountered resistance and has failed to maintain momentum higher. From the highest price in the last 30 and 7 days, its value has decreased by -40.40% and -10.75% , while from the lowest price recorded in the same period of time, it has increased by 12.76%.

According to our analysis, DOT needs to remain above $6.09 to potentially move towards the first major resistance level at $7.40. A break above $7.40 could lead to DOT rising to the next resistance level at $9.25. The third resistance is at $10.48.

If the price drops, the first support level to watch is $6.09. If this level fails to hold, further declines to the next support level at $5.02 are possible. #BtcNewHolder $BTC $POND