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

Bitcoin has to close more than $ 107,000 to confirm the outbreak or the risk of falling to $ 98,000

2025-05-18

Solana Price has $ 166 support after rejection of $ 183, breakout above $ 177 very important

2025-05-18

Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

2025-05-18
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

    Chainware and Karatdao work together to redefine security and identity in chains

    2025-05-18

    Declan Hannon about how Aurora Labs makes blockchain accessible to everyone

    2025-05-18

    Ailayer forges Alliance with Gaea to create a decentralized AI-driven metaverse

    2025-05-18

    Space and time, Nvidia, publishes Sub-Second ZK Prover for SQL

    2025-05-18

    Interview with Nieuwe Lukso Coo

    2025-05-18
  • NFT

    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

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14
  • 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

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17
  • 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»Analysis»DOT Price (Polkadot) Rises to $5.5 – Are Bulls Ready for This?
Analysis

DOT Price (Polkadot) Rises to $5.5 – Are Bulls Ready for This?

2023-11-02No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Polkadot (DOT) is gaining pace above the USD 4.50 resistance against the US Dollar. The price could rise towards USD 5.5 if the USD 4.80 resistance is cleared.

  • DOT is slowly moving higher above the $4.50 resistance zone against the US dollar.
  • The price is trading above the $4.60 zone and the 100 simple moving average (4-hours).
  • A major bullish trendline is forming with support near $4.50 on the 4-hour chart of the DOT/USD pair (Kraken data source).
  • The pair could gain bullish momentum if there is a close above $4.80 and $4.85.

Polkadot price regains strength

After forming a base above $4.00, the DOT price started a significant increase. The price was able to break the key barrier at USD 4.20 to enter a positive zone like Bitcoin and Ethereum.

Polkadot has crossed the $4.50 resistance zone and the 100 simple moving average (4-hours). It traded to a new multi-week high at $4,803 and is now consolidating gains. It is well above the 23.6% Fib retracement level of the upward move from the $4,046 swing low to the $4,803 high.

The DOT price is now trading above the $4.60 zone and the 100 simple moving average (4 hours). There is also a major bullish trendline forming with support around $4.50 on the 4-hour chart of the DOT/USD pair. The trendline is close to the 50% Fib retracement level of the upward move from the $4,046 swing low to the $4,803 high.

DOT Prize (Polkadot)

Source: DOTUSD on TradingView.com

The immediate resistance is near the $4.80 level. The next major resistance is near $4.85. A successful break above $4.85 could herald another strong rally. In the said case, the price could easily rise to $5.20 in the coming days. The next major resistance is seen near the $5.50 zone.

See also  Cardano (ADA) struggle remains- is a rebound still possible?

Are dips supported in DOT?

If the DOT price does not remain higher than $4.80 or $4.85, it could trigger a downward correction. The first major support is near the $4.62 level.

The next major support is near the USD 4.50 level and the trendline, below which the price could fall to USD 4.35. Any further losses could perhaps open the doors for a move towards the $4.20 support zone.

Technical indicators

4-hour MACD – The MACD for DOT/USD is now gaining strength in the bullish zone.

4-hour RSI (Relative Strength Index) – The RSI for DOT/USD is now above the 50 level.

Major support levels – $4.62, $4.50 and $4.20.

Major resistance levels – $4.80, $4.85 and $5.50.

Source link

Bulls DOT Polkadot Price ready Rises
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin -price could prepare for a new wave of volatility – this is why

2025-05-18

The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

2025-05-18

Bitcoin Options Market also signals upwards potential for BTC price: New ATH soon?

2025-05-17

Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

2025-05-17
Add A Comment

Comments are closed.

Top Posts

Sam Bankman-Fried speaks from prison, says FTX victims deserve to be paid in full at current prices: report

2024-04-01

Solana may not reach $200 this cycle even if there are bullish signals. Why?

2024-10-20

Pi Network News: Crypto Expert predicts an explosive Pi -Muntrally

2025-04-27
Editors Picks

Crypto analyst says Ethereum on CUSP to break out as Bitcoin meetings -but there is a catch

2025-04-26

Kaia integrates Fireblocks to increase the security and scalability of Web3

2025-01-22

Donald Trump’s ‘National Crypto Policy’ – Will the US Keep a $20 Billion Bitcoin Reserve?

2025-01-17

Bitcoin Taker Buy/Sell Ratio Witnesses Notable Spike – Is a Price Rise Imminent?

2024-12-29
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

Bitcoin has to close more than $ 107,000 to confirm the outbreak or the risk of falling to $ 98,000

Solana Price has $ 166 support after rejection of $ 183, breakout above $ 177 very important

Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

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)$104,084.850.68%
  • ethereumEthereum(ETH)$2,389.88-4.16%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.370.84%
  • binancecoinBNB(BNB)$640.40-0.09%
  • solanaSolana(SOL)$167.06-0.05%
  • usd-coinUSDC(USDC)$1.000.03%
  • dogecoinDogecoin(DOGE)$0.2230303.14%
  • cardanoCardano(ADA)$0.73-1.52%
  • tronTRON(TRX)$0.265377-2.14%
  • suiSui(SUI)$3.80-0.38%
  • chainlinkChainlink(LINK)$15.26-0.74%
  • avalanche-2Avalanche(AVAX)$22.08-1.47%
  • stellarStellar(XLM)$0.286469-0.27%
  • hyperliquidHyperliquid(HYPE)$26.261.48%
  • shiba-inuShiba Inu(SHIB)$0.0000141.73%
  • hedera-hashgraphHedera(HBAR)$0.1909250.14%
  • unus-sed-leoUNUS SED LEO(LEO)$8.66-3.19%
  • bitcoin-cashBitcoin Cash(BCH)$396.311.09%
  • the-open-networkToncoin(TON)$3.080.55%
  • litecoinLitecoin(LTC)$97.670.74%
  • polkadotPolkadot(DOT)$4.62-0.52%
  • moneroMonero(XMR)$340.421.17%
  • bitget-tokenBitget Token(BGB)$5.072.41%
  • pepePepe(PEPE)$0.0000136.52%
  • daiDai(DAI)$1.00-0.02%
  • piPi(PI)$0.736.13%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$5.831.34%
  • bittensorBittensor(TAO)$408.47-3.20%
  • aaveAave(AAVE)$221.45-1.06%
  • nearNEAR Protocol(NEAR)$2.700.11%
  • aptosAptos(APT)$5.02-1.56%
  • okbOKB(OKB)$52.69-1.11%
  • ondo-financeOndo(ONDO)$0.920.00%
  • kaspaKaspa(KAS)$0.108675-0.99%
  • internet-computerInternet Computer(ICP)$5.11-0.73%
  • ethereum-classicEthereum Classic(ETC)$17.95-1.37%
  • gatechain-tokenGateToken(GT)$21.51-0.10%
  • crypto-com-chainCronos(CRO)$0.097081-0.08%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.850.00%
  • mantleMantle(MNT)$0.730.70%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2331460.31%
  • vechainVeChain(VET)$0.027738-0.08%
  • render-tokenRender(RENDER)$4.48-1.05%
  • ethenaEthena(ENA)$0.3697174.70%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • algorandAlgorand(ALGO)$0.2178250.81%
  • filecoinFilecoin(FIL)$2.810.42%
  • cosmosCosmos(ATOM)$4.740.11%
  • bitcoinBitcoin(BTC)$104,084.850.68%
  • ethereumEthereum(ETH)$2,389.88-4.16%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.370.84%
  • binancecoinBNB(BNB)$640.40-0.09%
  • solanaSolana(SOL)$167.06-0.05%
  • usd-coinUSDC(USDC)$1.000.03%
  • dogecoinDogecoin(DOGE)$0.2230303.14%
  • cardanoCardano(ADA)$0.73-1.52%
  • tronTRON(TRX)$0.265377-2.14%
  • suiSui(SUI)$3.80-0.38%
  • chainlinkChainlink(LINK)$15.26-0.74%
  • avalanche-2Avalanche(AVAX)$22.08-1.47%
  • stellarStellar(XLM)$0.286469-0.27%
  • hyperliquidHyperliquid(HYPE)$26.261.48%
  • shiba-inuShiba Inu(SHIB)$0.0000141.73%
  • hedera-hashgraphHedera(HBAR)$0.1909250.14%
  • unus-sed-leoUNUS SED LEO(LEO)$8.66-3.19%
  • bitcoin-cashBitcoin Cash(BCH)$396.311.09%
  • the-open-networkToncoin(TON)$3.080.55%
  • litecoinLitecoin(LTC)$97.670.74%
  • polkadotPolkadot(DOT)$4.62-0.52%
  • moneroMonero(XMR)$340.421.17%
  • bitget-tokenBitget Token(BGB)$5.072.41%
  • pepePepe(PEPE)$0.0000136.52%
  • daiDai(DAI)$1.00-0.02%
  • piPi(PI)$0.736.13%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$5.831.34%
  • bittensorBittensor(TAO)$408.47-3.20%
  • aaveAave(AAVE)$221.45-1.06%
  • nearNEAR Protocol(NEAR)$2.700.11%
  • aptosAptos(APT)$5.02-1.56%
  • okbOKB(OKB)$52.69-1.11%
  • ondo-financeOndo(ONDO)$0.920.00%
  • kaspaKaspa(KAS)$0.108675-0.99%
  • internet-computerInternet Computer(ICP)$5.11-0.73%
  • ethereum-classicEthereum Classic(ETC)$17.95-1.37%
  • gatechain-tokenGateToken(GT)$21.51-0.10%
  • crypto-com-chainCronos(CRO)$0.097081-0.08%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.850.00%
  • mantleMantle(MNT)$0.730.70%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2331460.31%
  • vechainVeChain(VET)$0.027738-0.08%
  • render-tokenRender(RENDER)$4.48-1.05%
  • ethenaEthena(ENA)$0.3697174.70%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • algorandAlgorand(ALGO)$0.2178250.81%
  • filecoinFilecoin(FIL)$2.810.42%
  • cosmosCosmos(ATOM)$4.740.11%