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 ‘deorrelaten’ of gold! – Investors, why is this important

2025-05-21

Bitcoin: Analyze why BTC’s peak is further away than expected

2025-05-21

Bitcoin Whale places 40x leverage of $ 830 million long position on hyperliquid

2025-05-21
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

    Smarter athlete data via PSG Labs and Joint Innovation Studio

    2025-05-21

    Sahara AI launches Siwa Testnet to authorize decentralized AI builders

    2025-05-21

    WalletConnect’s Smart Sessions ‘Redefine’ Wallet UX for Future or AI agents: Founder

    2025-05-21

    Adventure Layer is launched as First Gaming L2 on Berachain

    2025-05-20

    Arbitrum affects $ 1.5 billion volume milestone on Uniswap V4

    2025-05-20
  • 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

    Bitcoin Whale places 40x leverage of $ 830 million long position on hyperliquid

    2025-05-21

    JPMorgan Chase CEO warns the stock market witnessing ‘extraordinary amount of complacency’ in the midst of abrupt recovery

    2025-05-21

    Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

    2025-05-21

    Trader warns Bitcoin (BTC) blinking bearish signal, says gold that steam collects for the next leg up

    2025-05-20

    XRP -Price will still gather here, crypto -veteran Raoul Pal predicts

    2025-05-20
  • Learn

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    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
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Polkadot Reveals Major Bullish Signals: Will DOT Break Higher Levels?
Altcoins

Polkadot Reveals Major Bullish Signals: Will DOT Break Higher Levels?

2024-11-20No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Avatar

contributor

Posted: November 21, 2024

  • Liquidation and Open Interest underlined the growing bullish momentum as DOT rose 2.04%.
  • Consistent development activities and moderate social dominance provided solid foundations for Polkadot’s trajectory.

Polka dot [DOT] witnessed an exciting shift in momentum, with liquidation data reflecting growing confidence among bullish traders.

Over the past 24 hours, $226K in short liquidations, compared to $130K in longs, underlines the increasing pressure on traders betting against DOT.

Consequently, this dynamic is helping to push the price higher, which was trading at $6.04 at the time of writing, a gain of 2.04% at the time of writing.

This increase in liquidations was a strong indicator that bullish sentiment was gaining momentum, which could fuel further upside.

DOT liquidation DOT liquidation

Source: Coinglass

Social dominance shows consistent involvement

Furthermore, Polkadot’s social dominance, at 0.5228% at the time of writing, remained stable but moderate. Although the metric has retreated from recent highs, it still indicated healthy engagement from the crypto community.

However, a significant increase in this metric could act as a catalyst for broader attention and potentially drive DOT to higher levels.

For now, consistent mentions will keep DOT relevant among top projects, but a spike in social buzz will be necessary for a strong breakthrough.

DOT social dominance DOT social dominance

Source: Santiment

Open Interest highlights the rising trading activity

Polkadot’s Open Interest rose 5.09% to $325.34 million, highlighting increasing activity in the derivatives market.

This increase indicated that traders were positioning themselves for potential price swings, which often come with moments of growing market confidence.

Furthermore, the combination of short liquidations and rising open interest adds weight to the bullish momentum story. Therefore, all eyes remain on how DOT performs as it approaches key resistance levels.

Source: Coinglass

Innovation remains stable

Polkadot’s development activity, measured at 37.18, showed a slight cooling from previous highs, but still reflected a strong and active ecosystem.

See also  Assessing the health of Cosmos as network activity decreases

Although there has been a small decline, the consistent focus on development ensures that Polkadot remains competitive within the blockchain space.

Therefore, maintaining or increasing these levels will be crucial for long-term confidence, as continued innovation often leads to greater adoption and confidence among investors.

Source: Santiment


Read Polkadot [DOT] Price forecast 2024-2025


Will DOT climb higher?

The rise in short liquidations and Open Interest indicates strong upside momentum, while steady social engagement and development activities provide solid fundamental support.

If DOT maintains its current pace and breaks through key resistance levels, it could spark a bigger rally in the coming weeks. For now, the data indicates a high probability of reaching higher levels.

Next: XYO Crypto Rises 40% in a Day: Is It Ready for the Next Upward Move?

Source link

Break Bullish DOT Higher Levels Major Polkadot reveals Signals
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Was the founder of Cardano $ 619 million? Hopkinson makes shocking revelation

2025-05-21

SEC counts Unicoin – $ 100 million exposed to alleged fraud!

2025-05-21

Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

2025-05-21

Texas Strategic Bitcoin Reserve Bill is progressing to definitive approval

2025-05-21
Add A Comment

Comments are closed.

Top Posts

Bitcoin faces one major hurdle in reaching a new all-time high of $75,000

2024-03-22

Ethereum (ETH) in for ‘renewed upside’ after continued stability, says crypto analyst – here’s his outlook

2024-12-18

Jump Crypto was allowed to submit certain information confidentially in the SEC’s case against Terraform Labs

2023-11-29
Editors Picks

Greg Rutkowski Was Removed From Stable Diffusion, But AI Artists Brought Him Back

2023-07-29

US government sues KuCoin and two founders for alleged ‘billion-dollar criminal conspiracy’

2024-03-26

Pyth Network topples Chainlink with $36 billion in volume: a signal for traders?

2024-10-31

‘Challenging to be anything but bullish’: Crypto analyst says that one factor could activate new Bitcoin -Highs in May

2025-03-08
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 ‘deorrelaten’ of gold! – Investors, why is this important

Bitcoin: Analyze why BTC’s peak is further away than expected

Bitcoin Whale places 40x leverage of $ 830 million long position on hyperliquid

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)$107,388.812.64%
  • ethereumEthereum(ETH)$2,547.142.69%
  • tetherTether USDt(USDT)$1.000.04%
  • rippleXRP(XRP)$2.371.86%
  • binancecoinBNB(BNB)$655.922.22%
  • solanaSolana(SOL)$169.632.73%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2286434.37%
  • cardanoCardano(ADA)$0.764.18%
  • tronTRON(TRX)$0.271256-0.56%
  • suiSui(SUI)$3.933.31%
  • chainlinkChainlink(LINK)$15.852.20%
  • avalanche-2Avalanche(AVAX)$22.813.57%
  • stellarStellar(XLM)$0.2912543.32%
  • hyperliquidHyperliquid(HYPE)$26.653.95%
  • shiba-inuShiba Inu(SHIB)$0.0000153.01%
  • hedera-hashgraphHedera(HBAR)$0.1966932.35%
  • unus-sed-leoUNUS SED LEO(LEO)$8.831.36%
  • bitcoin-cashBitcoin Cash(BCH)$402.914.37%
  • the-open-networkToncoin(TON)$3.081.04%
  • polkadotPolkadot(DOT)$4.723.96%
  • litecoinLitecoin(LTC)$95.632.60%
  • moneroMonero(XMR)$360.944.29%
  • bitget-tokenBitget Token(BGB)$5.161.48%
  • pepePepe(PEPE)$0.0000149.85%
  • piPi(PI)$0.8210.92%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.04%
  • uniswapUniswap(UNI)$6.248.12%
  • aaveAave(AAVE)$254.00-2.98%
  • bittensorBittensor(TAO)$417.280.52%
  • nearNEAR Protocol(NEAR)$2.813.62%
  • aptosAptos(APT)$5.202.58%
  • okbOKB(OKB)$52.141.05%
  • ondo-financeOndo(ONDO)$0.953.41%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.6311.06%
  • kaspaKaspa(KAS)$0.1115065.07%
  • ethereum-classicEthereum Classic(ETC)$18.663.39%
  • internet-computerInternet Computer(ICP)$5.293.43%
  • gatechain-tokenGateToken(GT)$21.560.98%
  • crypto-com-chainCronos(CRO)$0.0967251.41%
  • mantleMantle(MNT)$0.740.06%
  • vechainVeChain(VET)$0.0286034.16%
  • render-tokenRender(RENDER)$4.703.37%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2331601.90%
  • ethenaEthena(ENA)$0.3971507.87%
  • usd1World Liberty Financial USD(USD1)$1.000.14%
  • algorandAlgorand(ALGO)$0.2267034.04%
  • arbitrumArbitrum(ARB)$0.4002413.73%
  • cosmosCosmos(ATOM)$4.965.74%
  • bitcoinBitcoin(BTC)$107,388.812.64%
  • ethereumEthereum(ETH)$2,547.142.69%
  • tetherTether USDt(USDT)$1.000.04%
  • rippleXRP(XRP)$2.371.86%
  • binancecoinBNB(BNB)$655.922.22%
  • solanaSolana(SOL)$169.632.73%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2286434.37%
  • cardanoCardano(ADA)$0.764.18%
  • tronTRON(TRX)$0.271256-0.56%
  • suiSui(SUI)$3.933.31%
  • chainlinkChainlink(LINK)$15.852.20%
  • avalanche-2Avalanche(AVAX)$22.813.57%
  • stellarStellar(XLM)$0.2912543.32%
  • hyperliquidHyperliquid(HYPE)$26.653.95%
  • shiba-inuShiba Inu(SHIB)$0.0000153.01%
  • hedera-hashgraphHedera(HBAR)$0.1966932.35%
  • unus-sed-leoUNUS SED LEO(LEO)$8.831.36%
  • bitcoin-cashBitcoin Cash(BCH)$402.914.37%
  • the-open-networkToncoin(TON)$3.081.04%
  • polkadotPolkadot(DOT)$4.723.96%
  • litecoinLitecoin(LTC)$95.632.60%
  • moneroMonero(XMR)$360.944.29%
  • bitget-tokenBitget Token(BGB)$5.161.48%
  • pepePepe(PEPE)$0.0000149.85%
  • piPi(PI)$0.8210.92%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.04%
  • uniswapUniswap(UNI)$6.248.12%
  • aaveAave(AAVE)$254.00-2.98%
  • bittensorBittensor(TAO)$417.280.52%
  • nearNEAR Protocol(NEAR)$2.813.62%
  • aptosAptos(APT)$5.202.58%
  • okbOKB(OKB)$52.141.05%
  • ondo-financeOndo(ONDO)$0.953.41%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.6311.06%
  • kaspaKaspa(KAS)$0.1115065.07%
  • ethereum-classicEthereum Classic(ETC)$18.663.39%
  • internet-computerInternet Computer(ICP)$5.293.43%
  • gatechain-tokenGateToken(GT)$21.560.98%
  • crypto-com-chainCronos(CRO)$0.0967251.41%
  • mantleMantle(MNT)$0.740.06%
  • vechainVeChain(VET)$0.0286034.16%
  • render-tokenRender(RENDER)$4.703.37%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2331601.90%
  • ethenaEthena(ENA)$0.3971507.87%
  • usd1World Liberty Financial USD(USD1)$1.000.14%
  • algorandAlgorand(ALGO)$0.2267034.04%
  • arbitrumArbitrum(ARB)$0.4002413.73%
  • cosmosCosmos(ATOM)$4.965.74%