BOSS Wallet data source, real-time price trend of Polkadot (DOT), the latest price of DOT today reached $9.357, with an increase of 2.09%, and a trading volume of $793 million.
Analysis from the candlestick chart indicates that we are currently in a volatile trend. Compared to 22:00, there was a significant decline; compared to 18:00, there was a rebound; and compared to 21:00, there was a decrease. When both price and trading volume show a synchronized 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 scenario, future prices are likely to continue rising, as market momentum is strong and buying pressure continues to increase.
Investors should closely monitor the breakthrough of key resistance levels. If the price can consistently break through and stabilize at higher levels, it indicates the continuation of the upward trend. In a volatile trend, with increasing trading volume, price and trading volume rise in sync.
According to the Williams indicator, the current market is neither overbought nor oversold. Recently, trading volume has increased, with volume rising compared to previous hours, and price and volume rising simultaneously: trading is active, and upward momentum is strong.
The market is bullish, upward momentum is strong, and it is recommended to continue holding and to appropriately increase positions.
The above content is for reference only and does not constitute investment advice.