Give it, God!

The price of #Polkadot (#DOT) has recently shown a downward trend. Among the factors contributing to this decline are:
• Technical factors: The price of #DOT faced resistance at the levels of the 20-day and 200-day moving averages (SMA), leading to increased selling pressure and a decrease in price. 
• Market sentiment: Despite the increase in network activity and the growing number of holders, buyer interest remains subdued, as reflected in the decline in trading volume and overall investor caution. 
• Overall cryptocurrency market volatility: Price fluctuations in cryptocurrencies are often linked to the overall market volatility, where investor sentiment and macroeconomic factors can significantly impact the value of digital assets.

The current price of #DOT is about 🤑$7.65.

Forecasts for the coming week vary:
• CoinLore: A price increase to 🤑$8.64 is expected by December 28, 2024, which represents a 12.40% increase compared to the current price. 
• TradersUnion: The price is forecasted to fluctuate in the range of 🤑$8.64 to 🤑$9.53 from December 19 to December 25, 2024.