Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Solana (SOL) keeps land in tight reach – Traders looking at Directional Cue

2025-05-20

The Bitcoin bet from El Salvador, now $ 357 million, because BTC is approaching

2025-05-20

Trump’s tax assessment is progressing in the congress – good for the adoption of crypto?

2025-05-20
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Taiko Alethia launches the most expected Pacaya Hardfork -upgrade on MAINNET

    2025-05-20

    Weaver Labs stimulates AI-led decentralized connectivity, joins Imagen Network

    2025-05-19

    Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

    2025-05-19

    Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

    2025-05-19

    Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

    2025-05-19
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Solana (SOL) keeps land in tight reach – Traders looking at Directional Cue

    2025-05-20

    Graph signal running to new ATH

    2025-05-19

    BlackRock’s Buidl to Power Bouncebit’s new RWA Yield Strategy Platform

    2025-05-19

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19

    XRP -Price confirms Bullish reversing settings with this demand zone

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Polkadot: Where demand remains strong, where will DOT go?
Altcoins

Polkadot: Where demand remains strong, where will DOT go?

2023-10-06No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Disclaimer: The information presented does not constitute financial, investment, trading or other advice and is solely the opinion of the author.

  • Price rejection at resistance at $4.3 kept DOT in a range.
  • Open Interest and Spot CVD highlighted the strong demand for DOT.

Dot [DOT] extended its range formation between the low range of $3.95 and the high range of $4.3.


Read Polkadot’s 2023-2024 price forecast


On October 3, AMBCrypto explored the possibility of a short-term rally to the $4.3 level before a new wave of selling pressure. This price projection was validated when DOT reached the $4.3 price zone before falling 6% to the $4 price level over the past 48 hours.

This price battle between buyers and sellers, along with Bitcoin [BTC] If it stays above $27.5k, buyers could make another attempt to cross the $4.3 price threshold.

The support level comes to the rescue of the bulls again

Polkadot DOT price chart on dark background

Source: DOT/USDT on Trading View

Strong capital inflows in early October, as highlighted by the CMF (Chaikin Money Flow), helped the bulls rally towards the $4.3 resistance level. Despite the price rejection at the level that dropped the DOT to $4, the CMF still remained above zero, demonstrating continued capital inflows.

The 12H chart showed that DOT’s market structure remained bearish, with the RSI (Relative Strength Index) moving from the highest level (bullish) to the lower level (bearish). This indicated that buyers needed to reignite bullish momentum or continued selling pressure could breach the support level.

If bulls manage to break the lower low in the $4.3 price zone, further gains could be made from $4.4 to $4.6. On the downside, a seller breach of the support level would send DOT to a new yearly low between $3.6 and $3.8.

See also  Crypto Cycle Peak? Analyst Outlines Nine Reasons Why Bitcoin and Altcoins Can Still Fuel 'Strong Pumps'

How much is 1, 10 or 100 DOT worth today?


Futures market data showed that another rebound could be imminent

Source: Coinalyse

Dates of Coinalyse showed that the OI (Open Interest) has been on an upward trend since early September despite the varying price action. This indicated interest in a continued price recovery for DOT.

Furthermore, the Spot Cumulative Volume Delta (CVD) reflected strong demand with a steady upward movement. This could see a sustained bullish recovery for DOT in the near term.

Source link

Demand DOT Polkadot Remains strong
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Trump’s tax assessment is progressing in the congress – good for the adoption of crypto?

2025-05-20

Pi Network announces vacancies in the midst of price fall, pump and dump rumors

2025-05-19

XRP Price forecast – ‘Mixed signals’ Mean Altcoin will move like this!

2025-05-19

Only 5% will make it

2025-05-19
Add A Comment

Comments are closed.

Top Posts

XRP Price Remains Within Range: Is A Breakout Coming Soon?

2024-09-12

Much higher prices await for sushi and Apecoin, says top trader – here are his targets

2023-11-14

Ethereum ETF Proposals Clear Major SEC Hurdle in Sudden Crypto Turnaround

2024-05-24
Editors Picks

Ethereum price falls as the bulls sit back

2023-06-29

Everything about the 10-day intake of Bitcoin ETFs and what it means for you

2025-03-29

SEC Commissioner Hester Peirce proposes a shared US-UK digital securities sandbox

2024-05-30

Is 2024 the year Bitcoin reaches $100,000? Key indicators, demand suggests…

2024-10-07
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Solana (SOL) keeps land in tight reach – Traders looking at Directional Cue

The Bitcoin bet from El Salvador, now $ 357 million, because BTC is approaching

Trump’s tax assessment is progressing in the congress – good for the adoption of crypto?

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,514.343.09%
  • ethereumEthereum(ETH)$2,542.917.17%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.362.27%
  • binancecoinBNB(BNB)$650.192.21%
  • solanaSolana(SOL)$168.394.79%
  • usd-coinUSDC(USDC)$1.000.02%
  • dogecoinDogecoin(DOGE)$0.2242773.83%
  • cardanoCardano(ADA)$0.742.99%
  • tronTRON(TRX)$0.2711053.34%
  • suiSui(SUI)$3.865.19%
  • chainlinkChainlink(LINK)$16.057.29%
  • avalanche-2Avalanche(AVAX)$22.444.61%
  • hyperliquidHyperliquid(HYPE)$26.504.22%
  • stellarStellar(XLM)$0.2846442.42%
  • shiba-inuShiba Inu(SHIB)$0.0000153.66%
  • hedera-hashgraphHedera(HBAR)$0.1957774.33%
  • unus-sed-leoUNUS SED LEO(LEO)$8.711.64%
  • bitcoin-cashBitcoin Cash(BCH)$392.253.69%
  • the-open-networkToncoin(TON)$3.050.68%
  • litecoinLitecoin(LTC)$97.182.54%
  • polkadotPolkadot(DOT)$4.634.01%
  • moneroMonero(XMR)$348.662.26%
  • bitget-tokenBitget Token(BGB)$5.162.57%
  • pepePepe(PEPE)$0.0000134.71%
  • daiDai(DAI)$1.000.01%
  • piPi(PI)$0.741.30%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • aaveAave(AAVE)$266.0524.52%
  • uniswapUniswap(UNI)$5.994.54%
  • bittensorBittensor(TAO)$421.196.56%
  • nearNEAR Protocol(NEAR)$2.815.05%
  • aptosAptos(APT)$5.196.32%
  • okbOKB(OKB)$52.260.41%
  • ondo-financeOndo(ONDO)$0.945.27%
  • kaspaKaspa(KAS)$0.1104846.21%
  • ethereum-classicEthereum Classic(ETC)$18.525.67%
  • internet-computerInternet Computer(ICP)$5.254.59%
  • gatechain-tokenGateToken(GT)$21.510.63%
  • crypto-com-chainCronos(CRO)$0.0969462.86%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.861.67%
  • mantleMantle(MNT)$0.730.52%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2345552.46%
  • render-tokenRender(RENDER)$4.697.91%
  • vechainVeChain(VET)$0.0281904.10%
  • ethenaEthena(ENA)$0.3796008.16%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • algorandAlgorand(ALGO)$0.2239255.59%
  • arbitrumArbitrum(ARB)$0.3946827.30%
  • filecoinFilecoin(FIL)$2.874.08%
  • bitcoinBitcoin(BTC)$105,514.343.09%
  • ethereumEthereum(ETH)$2,542.917.17%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.362.27%
  • binancecoinBNB(BNB)$650.192.21%
  • solanaSolana(SOL)$168.394.79%
  • usd-coinUSDC(USDC)$1.000.02%
  • dogecoinDogecoin(DOGE)$0.2242773.83%
  • cardanoCardano(ADA)$0.742.99%
  • tronTRON(TRX)$0.2711053.34%
  • suiSui(SUI)$3.865.19%
  • chainlinkChainlink(LINK)$16.057.29%
  • avalanche-2Avalanche(AVAX)$22.444.61%
  • hyperliquidHyperliquid(HYPE)$26.504.22%
  • stellarStellar(XLM)$0.2846442.42%
  • shiba-inuShiba Inu(SHIB)$0.0000153.66%
  • hedera-hashgraphHedera(HBAR)$0.1957774.33%
  • unus-sed-leoUNUS SED LEO(LEO)$8.711.64%
  • bitcoin-cashBitcoin Cash(BCH)$392.253.69%
  • the-open-networkToncoin(TON)$3.050.68%
  • litecoinLitecoin(LTC)$97.182.54%
  • polkadotPolkadot(DOT)$4.634.01%
  • moneroMonero(XMR)$348.662.26%
  • bitget-tokenBitget Token(BGB)$5.162.57%
  • pepePepe(PEPE)$0.0000134.71%
  • daiDai(DAI)$1.000.01%
  • piPi(PI)$0.741.30%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • aaveAave(AAVE)$266.0524.52%
  • uniswapUniswap(UNI)$5.994.54%
  • bittensorBittensor(TAO)$421.196.56%
  • nearNEAR Protocol(NEAR)$2.815.05%
  • aptosAptos(APT)$5.196.32%
  • okbOKB(OKB)$52.260.41%
  • ondo-financeOndo(ONDO)$0.945.27%
  • kaspaKaspa(KAS)$0.1104846.21%
  • ethereum-classicEthereum Classic(ETC)$18.525.67%
  • internet-computerInternet Computer(ICP)$5.254.59%
  • gatechain-tokenGateToken(GT)$21.510.63%
  • crypto-com-chainCronos(CRO)$0.0969462.86%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.861.67%
  • mantleMantle(MNT)$0.730.52%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2345552.46%
  • render-tokenRender(RENDER)$4.697.91%
  • vechainVeChain(VET)$0.0281904.10%
  • ethenaEthena(ENA)$0.3796008.16%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • algorandAlgorand(ALGO)$0.2239255.59%
  • arbitrumArbitrum(ARB)$0.3946827.30%
  • filecoinFilecoin(FIL)$2.874.08%