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Not even in my dreams, the way things are going, will the capitalization be around 4!!!
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Polkadot Gained 24.40% in Last Month and Is Predicted to Reach $ 8.98 By Dec 25, 2024
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Polkadot is down -5.65% today against the US Dollar
Polkadot is currently trading 19.18% below our prediction on Dec 25, 2024
Polkadot gained 24.40% in the last month and is up 2.66% since 1 year ago
Polkadot price $ 7.26 Polkadot prediction $ 8.98 (25.42%) Sentiment Neutral Fear & Greed index 75 (Greed) Key support levels $ 6.77, $ 6.45, $ 5.92 Key resistance levels $ 7.62, $ 8.15, $ 8.47
DOT price is expected to rise by 25.42% in the next 5 days according to our Polkadot price prediction
Polkadot price today is trading at $ 7.26 after losing -5.65% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -3.57% in the same time period. DOT performed poorly against BTC today and recorded a -1.91% loss against the world’s largest cryptocurrency.
According to our Polkadot price prediction, DOT is expected to reach a price of $ 8.98 by Dec 25, 2024. This would represent a 25.42% price increase for DOT in the next 5 days.
DOT Price Prediction Chart
Buy/Sell Polkadot
What has been going on with Polkadot in the last 30 days
Polkadot has been displaying a positive trend recently, as the coin gained 24.40% in the last 30-days. The medium-term trend for Polkadot has been bullish, with DOT increasing by 67.82% in the last 3 months. The long-term picture for Polkadot has been positive, as DOT is currently displaying a 2.66% 1-year price change. On this day last year, DOT was trading at $ 7.07.
Polkadot reached its all-time high price on Nov 04, 2021, when the price of DOT peaked at $ 54.98. The current DOT cycle high is $ 11.86, while the cycle low is at $ 3.59. DOT has been displaying high volatility recently – the 1-month volatility of the coin is at 14.19. Polkadot recorded 15 green days in the last 30 days.
Polkadot technical analysis for today - Dec 20, 2024
The sentiment in the Polkadot markets is currently Neutral, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 6.77, $ 6.45 and $ 5.92, while $ 7.62, $ 8.15 and $ 8.47 are the key resistance levels.
Neutral sentiment for Polkadot
18 indicators are currently signaling a bullish prediction for Polkadot, while 15 indicators are showing a bearish forecast. With 55% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for Polkadot.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 75 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Polkadot moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Polkadot is positioned in the market right now.
Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $ 9.43 (SELL) $ 9.04 (SELL) - - MA5 $ 9.40 (SELL) $ 9.34 (SELL) - - MA10 $ 8.81 (SELL) $ 9.43 (SELL) - - MA21 $ 9.02 (SELL) $ 8.73 (SELL) $ 0.612346 (BUY) $ 6.00 (BUY) MA50 $ 6.96 (BUY) $ 7.17 (BUY) -$ 11.00 (BUY) $ 6.05 (BUY) MA100 $ 5.63 (BUY) $ 6.18 (BUY) -$ 14.32 (BUY) $ 5.54 (BUY) MA200 $ 5.62 (BUY) $ 5.92 (BUY) -$ 0.91 (BUY) $ 1.22 (BUY)
Period Value Action RSI (14) 45.65 BUY Stoch RSI (14) 0.00 BUY Stochastic Fast (14) 3.72 BUY Commodity Channel Index (20) -66.67 NEUTRAL Average Directional Index (14) 30.14 SELL Awesome Oscillator (5, 34) 0.37 NEUTRAL Momentum (10) -2.64 NEUTRAL MACD (12, 26) -0.33 NEUTRAL Williams Percent Range (14) -96.28 BUY Ultimate Oscillator (7, 14, 28) 36.65 NEUTRAL VWMA (10) 8.66 SELL Hull Moving Average (9) 8.62 SELL Ichimoku Cloud B/L (9, 26, 52, 26) 9.03 NEUTRAL
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Polkadot is at 45.65, suggesting that DOT is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Polkadot over the last 50 days. Currently, Polkadot is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the DOT closing price for the last 200 days. DOT is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Polkadot prediction
After considering the above factors, we can conclude that the current forecast for Polkadot price prediction is Neutral. DOT would have to increase by 25.42% to hit our $ 8.98 target within the next five days. Moving forward, it will be important to monitor the DOT market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Polkadot price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Polkadot is down -5.65% today against the US Dollar
Polkadot is currently trading 19.18% below our prediction on Dec 25, 2024
Polkadot gained 24.40% in the last month and is up 2.66% since 1 year ago
Polkadot price $ 7.26 Polkadot prediction $ 8.98 (25.42%) Sentiment Neutral Fear & Greed index 75 (Greed) Key support levels $ 6.77, $ 6.45, $ 5.92 Key resistance levels $ 7.62, $ 8.15, $ 8.47
DOT price is expected to rise by 25.42% in the next 5 days according to our Polkadot price prediction
Polkadot price today is trading at $ 7.26 after losing -5.65% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -3.57% in the same time period. DOT performed poorly against BTC today and recorded a -1.91% loss against the world’s largest cryptocurrency.
According to our Polkadot price prediction, DOT is expected to reach a price of $ 8.98 by Dec 25, 2024. This would represent a 25.42% price increase for DOT in the next 5 days.
DOT Price Prediction Chart
Buy/Sell Polkadot
What has been going on with Polkadot in the last 30 days
Polkadot has been displaying a positive trend recently, as the coin gained 24.40% in the last 30-days. The medium-term trend for Polkadot has been bullish, with DOT increasing by 67.82% in the last 3 months. The long-term picture for Polkadot has been positive, as DOT is currently displaying a 2.66% 1-year price change. On this day last year, DOT was trading at $ 7.07.
Polkadot reached its all-time high price on Nov 04, 2021, when the price of DOT peaked at $ 54.98. The current DOT cycle high is $ 11.86, while the cycle low is at $ 3.59. DOT has been displaying high volatility recently – the 1-month volatility of the coin is at 14.19. Polkadot recorded 15 green days in the last 30 days.
Polkadot technical analysis for today - Dec 20, 2024
The sentiment in the Polkadot markets is currently Neutral, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 6.77, $ 6.45 and $ 5.92, while $ 7.62, $ 8.15 and $ 8.47 are the key resistance levels.
Neutral sentiment for Polkadot
18 indicators are currently signaling a bullish prediction for Polkadot, while 15 indicators are showing a bearish forecast. With 55% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for Polkadot.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 75 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Polkadot moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Polkadot is positioned in the market right now.
Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $ 9.43 (SELL) $ 9.04 (SELL) - - MA5 $ 9.40 (SELL) $ 9.34 (SELL) - - MA10 $ 8.81 (SELL) $ 9.43 (SELL) - - MA21 $ 9.02 (SELL) $ 8.73 (SELL) $ 0.612346 (BUY) $ 6.00 (BUY) MA50 $ 6.96 (BUY) $ 7.17 (BUY) -$ 11.00 (BUY) $ 6.05 (BUY) MA100 $ 5.63 (BUY) $ 6.18 (BUY) -$ 14.32 (BUY) $ 5.54 (BUY) MA200 $ 5.62 (BUY) $ 5.92 (BUY) -$ 0.91 (BUY) $ 1.22 (BUY)
Period Value Action RSI (14) 45.65 BUY Stoch RSI (14) 0.00 BUY Stochastic Fast (14) 3.72 BUY Commodity Channel Index (20) -66.67 NEUTRAL Average Directional Index (14) 30.14 SELL Awesome Oscillator (5, 34) 0.37 NEUTRAL Momentum (10) -2.64 NEUTRAL MACD (12, 26) -0.33 NEUTRAL Williams Percent Range (14) -96.28 BUY Ultimate Oscillator (7, 14, 28) 36.65 NEUTRAL VWMA (10) 8.66 SELL Hull Moving Average (9) 8.62 SELL Ichimoku Cloud B/L (9, 26, 52, 26) 9.03 NEUTRAL
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Polkadot is at 45.65, suggesting that DOT is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Polkadot over the last 50 days. Currently, Polkadot is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the DOT closing price for the last 200 days. DOT is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Polkadot prediction
After considering the above factors, we can conclude that the current forecast for Polkadot price prediction is Neutral. DOT would have to increase by 25.42% to hit our $ 8.98 target within the next five days. Moving forward, it will be important to monitor the DOT market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Polkadot price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
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I would expect it to drop a lot more, like 5%, but that's just a guess! In this confusion we should always wait for the market to calm down.
$DOT buy now or wait?
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Continue patient
I bought Cardano, Doge and Polka for a large sum a week ago and I have been patient with them. My money has gone down and I have lost more than $5,000. The market has dropped more than 30 percent in a week. What should I do?
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He only has a handful of lettuce hands
He despairs and sells for small profits
He despairs and sells for small profits
$UTK new shit coins are gone as said in previous post now this coin can pump if people who are stuck ok he top stop selling it. utk can go above 0.17000 range now it's a beast pump and dump coin
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What a surprise that PT is sinking Brazil again
Haddad classifies 1 percentage point increase in interest rates as a “surprise”
The 1 percentage point increase in the Selic rate (the economy’s basic interest rate) represents a “surprise on the one hand”, but it was already expected by the financial market, said Finance Minister Fernando Haddad on Wednesday (11). He said he was pursuing fiscal goals and stressed that the spending cut package sent to Congress is “adequate and politically viable”.
“It was a surprise on the one hand. But on the other hand, there was a price [from the financial market] in this sense. I will read it calmly, analyze the statement, and speak to some people after the silent period”, declared Haddad upon leaving the Finance Ministry about an hour after the end of the Copom meeting.
Until the middle of last year, Haddad explicitly commented on Copom’s decisions, criticizing the Central Bank’s delay in starting to reduce interest rates and the tone of some statements. When the monetary authority began to reduce the Selic rate in August of last year, the minister celebrated the decision.
Fiscal package
Regarding the fiscal package, Haddad said that one week is enough for the measures to be approved in the Chamber of Deputies and the Senate, even with the impasse in the release of parliamentary amendments. According to the minister, the fiscal adjustment, estimated at R$$ 71.9 billion by 2026 and R$$ 327 billion by 2030, was politically feasible.
“This type of thing is difficult to process in the National Congress. We sent an adjustment that we consider adequate and politically feasible. You can send twice as much there, but what will come out [be approved] is what matters,” he said.
The minister did not specify which points the government could change in the bill that tightens the rules for access to the Continuous Benefit Payment (BPC). However, he emphasized that it is possible to change parts of the bill. So, we seek to calibrate the adjustment to the needs of maintaining fiscal policy.”
Source: Newsrondonia
The 1 percentage point increase in the Selic rate (the economy’s basic interest rate) represents a “surprise on the one hand”, but it was already expected by the financial market, said Finance Minister Fernando Haddad on Wednesday (11). He said he was pursuing fiscal goals and stressed that the spending cut package sent to Congress is “adequate and politically viable”.
“It was a surprise on the one hand. But on the other hand, there was a price [from the financial market] in this sense. I will read it calmly, analyze the statement, and speak to some people after the silent period”, declared Haddad upon leaving the Finance Ministry about an hour after the end of the Copom meeting.
Until the middle of last year, Haddad explicitly commented on Copom’s decisions, criticizing the Central Bank’s delay in starting to reduce interest rates and the tone of some statements. When the monetary authority began to reduce the Selic rate in August of last year, the minister celebrated the decision.
Fiscal package
Regarding the fiscal package, Haddad said that one week is enough for the measures to be approved in the Chamber of Deputies and the Senate, even with the impasse in the release of parliamentary amendments. According to the minister, the fiscal adjustment, estimated at R$$ 71.9 billion by 2026 and R$$ 327 billion by 2030, was politically feasible.
“This type of thing is difficult to process in the National Congress. We sent an adjustment that we consider adequate and politically feasible. You can send twice as much there, but what will come out [be approved] is what matters,” he said.
The minister did not specify which points the government could change in the bill that tightens the rules for access to the Continuous Benefit Payment (BPC). However, he emphasized that it is possible to change parts of the bill. So, we seek to calibrate the adjustment to the needs of maintaining fiscal policy.”
Source: Newsrondonia
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This week it will reach 38 US$$
🔥🔥🔥 $DOT Price Prediction: Unleashing the Power of Polkadot’s Multi-Chain Vision 🔥🔥🔥
Polkadot ($DOT), a leading blockchain platform designed for cross-chain interoperability, continues to solidify its place as a major player in the crypto space. With its unique architecture, strong developer community, and ecosystem growth, here’s an ultra-positive outlook for $DOT’s price potential.
Key Catalysts for Growth:
1. Interoperability Leadership: Polkadot’s unique multi-chain framework allows seamless communication between blockchains, giving it a strong edge in the Web3 ecosystem.
2. Parachain Auctions: High demand for parachain slots drives $DOT utility as projects compete to secure spots on the network.
3. Growing Ecosystem: A surge in DeFi, NFT, and decentralized applications building on Polkadot enhances its adoption and long-term value.
4. Scalability and Efficiency: Polkadot’s relay chain ensures high throughput and low transaction costs, making it a scalable solution for Web3.
5. Global Adoption: As Web3 expands, Polkadot’s role as an infrastructure for decentralized internet grows significantly.
Potential Price Trajectory:
• Short Term (3 months): $DOT could target $10-$12, driven by ecosystem growth and renewed market interest.
• Medium Term (6-12 months): With increasing parachain adoption and DeFi expansion, $DOT might reach $18-$25.
• Long Term (1-2 years): As Web3 adoption accelerates and Polkadot cements its position as a leading infrastructure platform, $DOT could aim for $50+.
Conclusion
Polkadot’s innovative approach to blockchain interoperability and its growing ecosystem make $DOT a standout asset in the crypto space. With its fundamentals and scalability, $DOT has immense potential to thrive in the evolving Web3 landscape.
Disclaimer: This post is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions. #dot
Polkadot ($DOT), a leading blockchain platform designed for cross-chain interoperability, continues to solidify its place as a major player in the crypto space. With its unique architecture, strong developer community, and ecosystem growth, here’s an ultra-positive outlook for $DOT’s price potential.
Key Catalysts for Growth:
1. Interoperability Leadership: Polkadot’s unique multi-chain framework allows seamless communication between blockchains, giving it a strong edge in the Web3 ecosystem.
2. Parachain Auctions: High demand for parachain slots drives $DOT utility as projects compete to secure spots on the network.
3. Growing Ecosystem: A surge in DeFi, NFT, and decentralized applications building on Polkadot enhances its adoption and long-term value.
4. Scalability and Efficiency: Polkadot’s relay chain ensures high throughput and low transaction costs, making it a scalable solution for Web3.
5. Global Adoption: As Web3 expands, Polkadot’s role as an infrastructure for decentralized internet grows significantly.
Potential Price Trajectory:
• Short Term (3 months): $DOT could target $10-$12, driven by ecosystem growth and renewed market interest.
• Medium Term (6-12 months): With increasing parachain adoption and DeFi expansion, $DOT might reach $18-$25.
• Long Term (1-2 years): As Web3 adoption accelerates and Polkadot cements its position as a leading infrastructure platform, $DOT could aim for $50+.
Conclusion
Polkadot’s innovative approach to blockchain interoperability and its growing ecosystem make $DOT a standout asset in the crypto space. With its fundamentals and scalability, $DOT has immense potential to thrive in the evolving Web3 landscape.
Disclaimer: This post is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions. #dot
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