• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Polkadot price

    Polkadot price prediction: DOT to decline to $25

    How ethbox Could be the Future of OTC Trading 1

    How ethbox Could be the Future of OTC Trading

    FATF

    FATF to update its guidelines on stablecoins and virtual asset service providers

    Cardano's founder launches RATS pool for ADA staking

    Cardano’s founder launches RATS pool for ADA staking

    Anchorage prepares for institutions with $80 million Series C

    Anchorage prepares for institutions with $80 million Series C

    Falling GBTC premium

    Falling GBTC premium may cause investors to dump BTC – Peter Schiff

    Dubai fund to trade $170 million Bitcoin for Polkadot and Cardano

    Dubai fund to trade $750 million Bitcoin for Polkadot and Cardano

    Bitcoin price

    Bitcoin price slumps below $45,000

    Robinhood Crypto records 6 million customers in 2021

    Robinhood Crypto records 6 million customers in 2021

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Polkadot price

    Polkadot price prediction: DOT to decline to $25

    How ethbox Could be the Future of OTC Trading 2

    How ethbox Could be the Future of OTC Trading

    FATF

    FATF to update its guidelines on stablecoins and virtual asset service providers

    Cardano's founder launches RATS pool for ADA staking

    Cardano’s founder launches RATS pool for ADA staking

    Anchorage prepares for institutions with $80 million Series C

    Anchorage prepares for institutions with $80 million Series C

    Falling GBTC premium

    Falling GBTC premium may cause investors to dump BTC – Peter Schiff

    Dubai fund to trade $170 million Bitcoin for Polkadot and Cardano

    Dubai fund to trade $750 million Bitcoin for Polkadot and Cardano

    Bitcoin price

    Bitcoin price slumps below $45,000

    Robinhood Crypto records 6 million customers in 2021

    Robinhood Crypto records 6 million customers in 2021

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Polkadot News

Polkadot price prediction: DOT to retest $19.00 resistance

Bilal Ahmed by Bilal Ahmed
January 25, 2021
in Polkadot News
3 min read
Polkadot price
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

TL;DR Breakdown

  • Polkadot price expected to climb to $20.00 mark.
  • The closest support level lies at $17.500.
  • DOT faces resistance in crossing above the $19.00 mark.

Polkadot price continues to consolidate above the $17.50 mark as the price faces strong resistance in crossing above the $19.00 mark. After testing the resistance level earlier today, DOT has continued to decline towards the $17.500 support mark.

Cryptocurrency price and market capitalization • Coin360 • 14:46 UTC Jan, 25

The broader cryptocurrency market observes a bullish change across the last 24 hours as most major cryptocurrencies record a positive change across the period. These include the king and queen of the cryptocurrency market, Bitcoin and Ethereum that record a gain of 7.44 and 7.75 percent, respectively.

RelatedPosts

Polkadot price prediction: DOT to decline to $25

Polkadot price prediction: DOT falls below $35, what’s next?

Polkadot price prediction: DOT climbs above $40.00, eyes $45.00 resistance next

Polkadot price prediction: DOT shows signs of freefall after retracting from ATH of $30

Polkadot price overview: Polkadot price across January

Polkadot price prediction: DOT to retest $19.00 resistance 3

Polkadot price had a slow start to 2021 as the price stayed glued below the $10.00 mark for the first 11 days of January. On the 12th of January, DOT found bullish support at the $7.50 level and initiated a bull rally that enabled the price to break above the $10.00 mark. The rally carried the price to the $17.50 mark.

After reaching the level, DOT has faced strong resistance in climbing above the mark as price oscillated around the mark with an occasional fall to the $15.00 mark. Today the price made another attempt at leaving the $17.50 level by breaking above the $19.00 resistance level but failed. Since then, the price has fallen back to the $17.50 support.

Technical indicators

Polkadot price prediction: DOT to retest $19.00 resistance 4

Across the technical indicators, the MACD has exhibited a bearish reversal and now shows increasing bearish momentum. The two EMAs are still close together, suggesting low bearish momentum. As Polkadot price continues to oscillate around the $18.00 mark, it is not unusual to observe a reversal on the MACD. However, the indicator would not show strong momentum until the price falls below the $17.750 mark.

The RSI is neutral and trades close to the 50.00 mark showing low momentum on either side. The indicator is currently moving downwards but with a decreased slope suggesting a decreasing pressure.

The Bollinger bands are currently narrow and suggest further convergence as the price volatility continues to dwindle. The narrowing indicator suggests that Polkadot price may soon observe a sharp increase in price volatility.

The four-hour technical analysis issues a buy signal as 16 of the 26 major technical indicators suggest a bullish movement. On the other hand, only two indicators support a bearish movement while the remaining eight remain neutral, not leaning towards either side.

The 24-hour technical analysis shares this sentiment as 15 of the 26 technical indicators show bullish sentiment while only two indicators are issuing sell signals. The remaining nine indicators are neutral, showing no support towards either side.

What to expect from Polkadot price?

Traders should expect Polkadot price to rise to retest the $19.00 resistance level as the price moves upwards. The positive technical indicators and the rising trade volume suggests a bullish breakout above the level towards the $20.00 mark.

Conversely, if Polkadot price falls below the $17.50 support level, DOT may revisit the $15.00 support level. Further downwards movement may mean a fall to the $12.50 mark.

Tags: cryptocurrency tradingcryptomarket
Bilal Ahmed

Bilal Ahmed

Bilal Ahmed is a blockchain enthusiast and an avid reader who loves writing about ramifications of blockchain and cryptocurrencies. He believes in doing due diligence with facts before transmitting.

Related Posts

Polkadot price
Polkadot News

Polkadot price prediction: DOT to decline to $25

February 26, 2021
Polkadot price
Polkadot News

Polkadot price prediction: DOT falls below $35, what’s next?

February 23, 2021
Polkadot price
Polkadot News

Polkadot price prediction: DOT climbs above $40.00, eyes $45.00 resistance next

February 20, 2021

Follow Us

  • 40.9k Fans
  • 8.3k Followers

Latest News

Polkadot price

Polkadot price prediction: DOT to decline to $25

February 26, 2021
How ethbox Could be the Future of OTC Trading 5

How ethbox Could be the Future of OTC Trading

February 26, 2021
Coin

Legal actions to retrieve stolen coins: What is the success rate?

February 26, 2021
FATF

FATF to update its guidelines on stablecoins and virtual asset service providers

February 26, 2021
Cardano's founder launches RATS pool for ADA staking

Cardano’s founder launches RATS pool for ADA staking

February 26, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Exclusive Partners of

Footer 6

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.