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$DOT Polkadot (DOT) Surges Past $5, New Accounts Jump 150%: Crypto Update
Polkadot (DOT) has recently experienced a significant drop in value, slipping back below $5 over the past week. Despite a 3.35% increase during the current session, it has lost almost 7% in the past 24 hours and has been in the red for most of this week. The cryptocurrency’s recent rally, which saw it surge past the 20, 50, and 200-day Simple Moving Averages (SMAs) and crucial resistance levels, occurred following the US elections.
DOT’s recovery gained momentum as it reclaimed $4 after a rise of 6.48% and settling at $4.11. DOT continued to climb, pushing above the 20-day SMA on Thursday and the 50-day SMA on Friday after recording an increase of 3.60% and settling at $4.32. DOT reclaimed the important $4.50 level on Saturday, registering an increase of over 7% and settling at $4.62.
Sentiment increased significantly on Sunday as DOT rose over 13% to go above $5 and reached an intraday high of $5.48 before declining and settling at $5.24. Despite this, sellers attempted to push DOT below $5 on Monday, but the cryptocurrency recovered, going above the 200-day SMA and settling at $5.71 after an increase of almost 9%.
However, despite the unprecedented bullish sentiment, DOT fell back into the red on Tuesday after failing to reach $6. Buyers lost momentum, allowing sellers to regain control and push DOT down by 7.01% as it went below the 200-day SMA and settled at $5.31. Buyers attempted a recovery on Wednesday, but their efforts were unsuccessful as DOT fell by 4.33% to $5.08.
DOT slipped below $5 on Thursday, registering a drop of 6.10% and settling at $4.77. However, the current session sees DOT up by 3.56% as it looks to reclaim $5. If buyers can maintain control and build momentum, DOT could reclaim $5 and attempt to go above the 200-day SMA and $5.50. Alternatively, if sellers regain control, DOT could drop as low as $4.50.
Polkadot (DOT) has recently experienced a significant drop in value, slipping back below $5 over the past week. Despite a 3.35% increase during the current session, it has lost almost 7% in the past 24 hours and has been in the red for most of this week. The cryptocurrency’s recent rally, which saw it surge past the 20, 50, and 200-day Simple Moving Averages (SMAs) and crucial resistance levels, occurred following the US elections.
DOT’s recovery gained momentum as it reclaimed $4 after a rise of 6.48% and settling at $4.11. DOT continued to climb, pushing above the 20-day SMA on Thursday and the 50-day SMA on Friday after recording an increase of 3.60% and settling at $4.32. DOT reclaimed the important $4.50 level on Saturday, registering an increase of over 7% and settling at $4.62.
Sentiment increased significantly on Sunday as DOT rose over 13% to go above $5 and reached an intraday high of $5.48 before declining and settling at $5.24. Despite this, sellers attempted to push DOT below $5 on Monday, but the cryptocurrency recovered, going above the 200-day SMA and settling at $5.71 after an increase of almost 9%.
However, despite the unprecedented bullish sentiment, DOT fell back into the red on Tuesday after failing to reach $6. Buyers lost momentum, allowing sellers to regain control and push DOT down by 7.01% as it went below the 200-day SMA and settled at $5.31. Buyers attempted a recovery on Wednesday, but their efforts were unsuccessful as DOT fell by 4.33% to $5.08.
DOT slipped below $5 on Thursday, registering a drop of 6.10% and settling at $4.77. However, the current session sees DOT up by 3.56% as it looks to reclaim $5. If buyers can maintain control and build momentum, DOT could reclaim $5 and attempt to go above the 200-day SMA and $5.50. Alternatively, if sellers regain control, DOT could drop as low as $4.50.
$GALA is Ready to Break OUT!
The triangle is forming on the daily timeframe, and momentum is building!
If we break above,
up we go with major gains in sight!
Watch closely for the breakout moment.
Be ready for the huge gains.
The triangle is forming on the daily timeframe, and momentum is building!
If we break above,
up we go with major gains in sight!
Watch closely for the breakout moment.
Be ready for the huge gains.
Galaxis Q4 includes many exciting and significant updates...
⌛ Galactic Vault
➡ $GALAXIS Launched at Base
➡ $GALAXIS Airdrop App (ERC721)
➡ Swarm Integration
➡ Enhanced Member Communications
Exciting developments on the horizon, and more to come.
The future is bright for Galaxis
⌛ Galactic Vault
➡ $GALAXIS Launched at Base
➡ $GALAXIS Airdrop App (ERC721)
➡ Swarm Integration
➡ Enhanced Member Communications
Exciting developments on the horizon, and more to come.
The future is bright for Galaxis
$GALA Buy $GALA you will cover your loses. buy in bulk and thank me later. I am holding GALA worth of 15k$.
$SUI has crossed 2 $ mark. 2 is a resistance level for sui if it breaks 2 $ and shows downtrend then it will go further down. make stop loss at 1.95 $