Polkadot Price Analysis for Today (November 23, 2024)
The current price of Polkadot ($DOT ) is $7.68, the price has increased by +27.11% over the last 24 hours. Currently, DOT is available on 58 exchanges, and 186,925,455 DOT coins have been exchanged in the last 24 hours, amounting to $1,435,942,324 in trading volume.
Today, Polkadot (DOT) opened at $6.62. This is 16.07% higher than the opening price. After dropping to $6.61, it is attempting to move higher. From the maximum price over the last 30 and 7 days, it has increased by 25.95%, and from the minimum recorded price over the same period, it has increased by 108.61% and 62.83%.
According to our analysis, DOT needs to stay above $7.40 to potentially move towards the first key resistance level at $9.25. A breakout above $9.25 could lead to an increase of DOT to the next resistance level at $10.48. The third resistance is at $11.86.
If the price drops, the first support level to watch is $7.40. If this level does not hold, further decline to the next support level of $6.09 is possible.
