Polkadot [DOT] has been in the spot light for quite some time now owing to its high development activity. DOT made headlines once more for the same reason, as it ranked second among crypto projects in terms of development activity in the last 30 days, only behind Cardano [ADA]. ⚡️Top #Crypto Projects by Developer Activity […]
at $6.62, with a market capitalization of over $7.49 billion. However, will these new developments be enough to sustain this pump in November?was already down by nearly 1% in the last 24 hours. Furthermore, several on-chain metrics revealed the possibility of a trend reversal in the days to come. LunarCrush’s data revealed that DOT’s volatility registered a decline over the last few days.
This was a bearish signal as it minimizes the chances of a northbound movement.Interestingly, despite being one of the top cryptocurrencies in terms of development activity, DOT development activity took the opposite route and decreased considerably. DOT’s popularity also seemed to have been affected last week as its social dominance and weighted sentiments went down lately. This was a red flag for Polkadot.
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Reasons Polkadot parachains may drive DOT towards the bulls this quarterPolkadot’s parachains were observed to be performing well in the past seven days. The growth of the parachains could aid Polkadot to witness some growth in the near future. ____________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Polkadot [DOT] for 2022-2023 ____________________________________________________________________________________ Parachains go insane Top parachains on the Polkadot network, such as Moonbeam, Astar, and Alaca showed […]
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How Polkadot [DOT] investors can look to buy a dip hereDisclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice A rising wedge pattern was spotted for Polkadot Bearish order block heightened the likelihood of a pullback Polkadot [DOT] has seen a strong recovery from the $5.8 zone over the past week. Technical indicators revealed […]
Read more »
Reasons Polkadot parachains may drive DOT towards the bulls this quarterPolkadot’s parachains were observed to be performing well in the past seven days. The growth of the parachains could aid Polkadot to witness some growth in the near future. ____________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Polkadot [DOT] for 2022-2023 ____________________________________________________________________________________ Parachains go insane Top parachains on the Polkadot network, such as Moonbeam, Astar, and Alaca showed […]
Read more »
How Polkadot [DOT] investors can look to buy a dip hereDisclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice A rising wedge pattern was spotted for Polkadot Bearish order block heightened the likelihood of a pullback Polkadot [DOT] has seen a strong recovery from the $5.8 zone over the past week. Technical indicators revealed […]
Read more »