Polkadot Dips, Zcash Rebounds, BlockDAG X Pre-Registration Now Open
- Polkadot Price Decline: Polkadot recently fell to $0.83, marking a 6.53% weekly decline, indicating that sellers still control the market, with expectations of consolidation between $0.75 and $0.91 in the coming week, reflecting cautious market sentiment.
- Zcash Rebound Signals: Zcash has risen 3.22% to $411.72, currently holding at a critical support zone, and if it can break through resistance levels at $428 and $436.92, it may initiate a broader recovery, indicating a gradual market warming.
- BlockDAG X Pre-Registration Incentive: BlockDAG X is now open for pre-registration, offering users $1,000 in trading credit upon the exchange's launch, which has attracted significant user interest and further enhanced the project's market appeal.
- Ecosystem Activity Surge: The BlockDAG Casino attracted over 13,000 users in its first month, generating over $15 million in deposits and more than $150 million in wagers, showcasing strong real-world engagement and boosting market confidence in the project's future growth.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for DOT
Technical Sentiment Analysis for Polkadot (DOT). As of , Polkadot (DOT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 1 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DOT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, DOT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Polkadot (DOT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.693 | 0.747 | 0.8 | 0.854 | 0.907 | 0.961 | 1.014 |
| Fibonacci | 0.747 | 0.788 | 0.813 | 0.854 | 0.895 | 0.92 | 0.961 |
About DOT
About the author
