BOSS Wallet data source, real-time price of Polkadot (DOT) cryptocurrency, the latest price of DOT today has reached $10.291, with an increase of 2.03%, trading volume of $1.776 billion.

According to the candlestick chart analysis, it is currently in a consolidation trend. Compared to 22:00, it has dropped significantly, recovered compared to 17:00, and decreased compared to 21:00. When the price and trading volume show a simultaneous increase, it usually indicates strong buying support in the market.
Buyers are actively trading at higher price levels, indicating optimistic market sentiment and strong bullish sentiment. In this case, future prices are likely to continue rising as market momentum is strong and buying continues to increase.
Investors should closely monitor the breakthrough of key resistance levels. If the price can sustain a breakthrough and stabilize at higher positions, it indicates the continuation of the upward trend. The market is in an overbought state, active, and upward momentum is strong. The Williams indicator shows that the current market is in an overbought condition.
Recently, trading volume has increased, and the volume has risen compared to the previous few hours, with price and trading volume rising simultaneously: trading is active, and upward momentum is strong.
The market's upward momentum is strong, and it is recommended for short-term investors to appropriately increase their positions, paying attention to the breakthrough of key resistance levels.

The above content is for reference only and does not constitute investment advice.