Polkadot Price Analysis for Today (November 21, 2024)
The current price of Polkadot ($DOT ) is $5.63, with a price decrease of -7.14% over the last 24 hours. Currently, DOT is available on 57 exchanges, and 84,939,737 DOT coins have been traded in the last 24 hours, amounting to a trading volume of $477,863,943.
Today, Polkadot (DOT) opened at $5.71. It has decreased by -1.48% from the opening price. Despite a rally to $5.78, Polkadot (DOT) faced resistance and could not maintain the momentum to move higher. From the maximum price over the last 30 and 7 days, its value has decreased by -7.76%, and from the minimum recorded price over the same period, it has increased by 52.78% and 19.45%.
According to our analysis, DOT needs to stay above $5.02 to potentially move towards the first important resistance level at $6.09. A breakout above $6.09 could lead to an increase in DOT to the next resistance level at $7.40. The third resistance is at $9.25.
If the price falls, the first support level to watch is $5.02. If this level does not hold, further decline may occur to the next support level at $3.64.
