-

Polkadot Price Prediction for Today, May 21: DOT Trades With 0.62% Gains

As the coin grows to the upside, the Polkadot worth prediction is probably to transfer constantly inside the channel within the subsequent optimistic transfer.

Polkadot Prediction Statistics Data:

  • Polkadot worth now – $9.72
  • Polkadot market cap – $9.6 billion
  • Polkadot circulating provide – 987.5 million
  • Polkadot complete provide – 1.1 billion
  • Polkadot Coinmarketcap rating – #11

DOT/USD Market

Key Levels:

Resistance ranges: $14, $16, $18

Support ranges: $5, $3, $1

Polkadot Price Prediction
DOTUSD – Daily Chart

According to the day by day chart, DOT/USD is probably to cross above the 9-day transferring common. In the previous couple of days, the Polkadot worth continues to commerce beneath the 9-day and 21-day transferring averages. However, the technical indicator Relative Strength Index (14) is hovering beneath 40-level, confirming the sideways motion available in the market.

Polkadot Price Prediction: Would DOT Price Move to the Upside?

As the day by day chart reveals, the Polkadot worth is at present transferring in direction of the 9-day transferring common, and if the coin continues with the bullish motion, the bulls could cross above the transferring averages to hit the resistance ranges of $14, $16, and $18. At the time of writing, DOT/USD exhibits a slight bullish motion inside the day by day chart.

On the opposite, if the coin stays beneath the transferring averages, it might return the coin to the help ranges of $5, $3, and $1 respectively. Meanwhile, the long-term consumers shouldn’t be bothered by the small impression on the highway, as the way forward for DOT is assured as revealed by the technical indicator Relative Strength Index (14).

Punt Crypto Casino Banner

DOT/BTC Market: Price May Keep Moving Sideways

Against Bitcoin, the Polkadot worth is hovering beneath the 9-day and 21-day transferring averages. The technical indicator Relative Strength index (14) is probably to stay beneath the 40-level which can quickly improve the sideways motion. On the opposite, a potential rise could floor as soon as the technical indicator turns and faces upward, and it could probably hit the resistance degree of 4000 SAT and above.

DOTBTC – Daily Chart

Meanwhile, any bearish motion in direction of the south might deliver the coin to the help degree of 2500 SAT and beneath. However, breaking to the upside might take the coin to a brand new excessive and the market could stay within the bullish zone for some time.

Looking to purchase or commerce Polkadot (DOT) now? Invest at eToro!

68% of retail investor accounts lose cash when buying and selling CFDs with this supplier

Read extra:

Latest news

Fantom (FTM) Gains 39% In 7 Days Following its Integration With Axelar Network

Fantom (FTM) has been one of many best-performing tokens of 2023, pulling off a sequence of spectacular beneficial properties...

AAVE Gets Cleared Of Bad Debt

The lending platform AAVE has been having fun with optimistic information recently. According to studies, AAVE has handed a...

Will Jim Cramer’s Bitcoin Price Prediction Be Wrong Again?

Join Our Telegram channel to keep up to date on breaking information protection Jim Cramer, the host of “Mad Money”,...

Uniswap Opts For Binance BNB Chain Launch

Join Our Telegram channel to keep up to date on breaking information protection With greater than 80% of the vote,...
- Advertisement -spot_img

What is going on with Aptos’ price?

Join Our Telegram channel to keep up to date on breaking information protection According to CoinGecko, no cryptocurrency or token...

Theta Price has Been Increasing Since The Start of The Year— Which Way Is The Price Headed?

Join Our Telegram channel to keep up to date on breaking information protection The majority of digital currencies have been...

Must read

Fantom (FTM) Gains 39% In 7 Days Following its Integration With Axelar Network

Fantom (FTM) has been one of many best-performing tokens...

AAVE Gets Cleared Of Bad Debt

The lending platform AAVE has been having fun with...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you