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Cryptopolitan 2021-09-22 04:52:14

Polkadot price analysis: We anticipate DOT/USD to drop further over the next 24 hours

TL;DR Breakdown Polkadot price analysis is bullish today.PolkaDot (DOT) is highly volatile today.We may see a sideways movement in the Polkadot market. DOT/USD started off the daily price analysis chart in a bearish trend. The sellers send the price downwards, forming several inverted triangles. Polkadot price is expected to continue dipping in the next 24 hours as the bears break the daily support. ON the 5-day DOT/USD price analysis chart, The RSI was seen hovering towards the overbought region. This suggests that the market has generally been bullish in the past week. The long-term technical indicators show that the bull market that saw its way last month might continue through the year. The 50-day Moving Average has crossed over the 100-day Moving Average, signaling a potential bull market in the subsequent trading sessions.  Source: Coin360 The two most significant digital assets are trading in losses as the sellers control the entire cryptocurrency space leading to price dips. Bitcoin is down by -2.03 percent, while ETH has dropped by -5.21 percent. Other altcoins are also trading in the same trend, recording massive price deviation. The meme coin has recorded more than -15 percent price decline while Solan is trading at -12 percent. Despite most digital asset trading being bearish, some coins have recorded significant price gains in the last 24 hours. FTT is the hottest gainer of the day, recording a 20 percent p...

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