BOSS Wallet data source, latest price news for Polkadot (DOT), the real-time price of DOT has risen by 3.63% to $6.851, trading volume $304 million

After studying the candlestick chart, it shows a volatile trend. Compared to 15:00, there has been a significant increase; compared to 13:00, there has been a recovery; compared to 08:00, there has been a decline. When both price and trading volume show a synchronous increase, it usually indicates strong buying support in the market.
Buyers are actively trading at higher price levels, showing optimistic market sentiment and strong bullish sentiment. In this case, future prices are likely to continue rising as market momentum is strong and buying pressure continues to increase.
Investors should closely monitor the breakout of key resistance levels. If the price can sustain and stabilize at higher positions, it indicates the continuation of the upward trend. The market is active, and the upward momentum is strong. According to the Williams indicator, it is currently in a state without overbought or oversold conditions.
Recently, trading volume has increased, with volume rising compared to the previous hours; price and trading volume are increasing simultaneously: trading is active, and upward momentum is strong.
Market sentiment is optimistic, the upward trend continues, and it is recommended that short-term investors appropriately increase their positions.

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