Polkadot Price Drops On Chart With Resistance At $6.80, What’s Next?

Polkadot price had reached $8 before the bulls lost steam and fell on the graph. DOT traveled 3.6% lower in the last 24 hours on its chart. 

Polkadot Price Drops On Chart With Resistance At $6.80, What’s Next?

DOT had gained over the last week. the polkadot price was making a recovery over the last two days as it had declined before that buyer had stepped in during the recovery period. 

The Polkadot support zone is between $6.16 and $5.52 a fall below the $5.52 when DOT is down below the $5 mark. 

The live Polkadot price today is $6.28 with a 24-hour trading volume of $314,516,849. Polkadot is down 7.40% in the last 24 hours. The current CoinMarketCap ranking is #11, with a live market cap of $7,038,920,007 USD. It has a circulating supply of 1,121,163,225 DOT coins.

DOT Price Statistics DOt price change in 24h is -$0.5171 of 7.61% and 24h low is $6.19 and 24h High is $6.78 with 0.77% Market dominance. 

DOT was trading at $6.29 the bulls tried hard to depend on the price of the altcoin at $8 but buying strength fell, and it caused the altcoin to fall on its graph. 

DOT was showing that there was a failure in buying strength on one day graph. Polkadot was below the 20 SMA line and that can be interpreted as less demand. DOT technical indicators show that to keep over the graph the moving average indicates the price momentum and overall action of the coin. 

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