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DOT/USD price could drop below the $5.0 support

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Looking at the daily, Polkadot price prediction shows that DOT is yet to rally to the upside as the price could drop below $5.0.

Polkadot Prediction Statistics Data:

  • Polkadot price now – $5.39
  • Polkadot market capitalization – $6.1 billion
  • Polkadot’s circulating supply – 1 billion
  • Polkadot’s total offer – 1.2 billion
  • Polkadot Coinmarketcap rating – No. 11

DOT/USD market

Key levels:

Resistance levels: $6.5, $7.0, $7.5

Support levels: $4.5, $4.0, $3.5

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DOT/USD is currently struggling to gather momentum below the 9-day and 21-day moving averages at the moment. Meanwhile, the nearest major support level remains at $5.3, but if dripper Breakdown with a daily candle closing below the level, likely to drop towards the lower border of the channel.

Polkadot Price Prediction: Polkadot (DOT) is not ready to go higher

The Polkadot price It is currently facing the downside, if the market price crosses to the downside, it could go through a period of bearish momentum, and it could target the nearest support at $5.0 before reaching the support levels at $4.5, $4.0, $3.5. Meanwhile, for that not to happen, the currency will need to push its movement above the 9-day and 21-day moving averages.

Although, if Polkadot (DOT) breaks above $5.5, it is likely to face an upward movement with a possible bullish cross above the upper boundary of the channel. If the price decides to maintain the upward movement, the coin is likely to find potential resistance at $6.5, $7.0, and $7.5, while the RSI of the technical indicator (14) remains below the 50 level, which indicates a bearish move.

Against Bitcoin, Polkadot price could follow a bearish trend, and it could continue to trade below the 9-day and 21-day EMA. However, if the bulls try to gain momentum, the bears may continue to release significant pressure on the market as the RSI (14) crosses below the 40 level, giving more bearish signals.

DOTBTC – Daily Chart

In the meantime, if Polkadot price encounters the lower boundary of the channel, it could reach the nearest support at 3100 SAT. Any further negative movement may drop the price to 2900 SB and below. In the event of a bounce, the coin could revisit 3200 SAT above the moving averages before resuming the rally, which could see an upward move to the 3500 SAT resistance level and above.

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but, Dash 2 Trading It aims to direct all trades to speculation more efficiently. This is because effective risk control standards are essential to build solid strategies to start winning trades. There’s a D2T preshow going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $9.5 million.

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Blockchain

BNT/USD is trading near the $0.50 resistance

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The Bancor price prediction shows that BNT is crossing the 9-day and 21-day moving averages while the coin is taking off to the upside.

Bancor Prediction Statistics Data:

  • Bancor price now – $0.34
  • Bancor’s market capitalization is $55.8 million
  • The circulating supply of Bancor – 162.5 million
  • The total supply of Bancor – 162.5 million
  • Bancor Coinmarketcap Ranking – #287

BNT/USD market

Key levels:

Resistance levels: $300, $310, $320

Support levels: $130, $120, $110

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BNTUSD – daily chart

BNT / USD It is currently trading at $0.345 after touching a daily high of $0.490, and is likely to return above the 9-day and 21-day moving averages. However, in case the buyers can push the price above the $0.50 resistance level, then the daily candlestick may close above this level, and the price may rise towards the upper boundary of the channel.

Bancor Price Prediction: Bancor is preparing for an upward movement

According to the daily chart, the Bancor price It is moving near the $0.40 resistance level as the coin is preparing for additional gains. The technical indicator’s RSI (14) is also moving to cross above the 50 level, where the signal line is pointing up to signal a buy signal.

However, if buyers are able to push the price and hold it above the 9-day and 21-day moving averages, Bancor price could rise towards the upper boundary of the channel to reach the potential resistance levels at $0.50, $0.55, and $0.60. While crossing below the lower border of the channel, it could lift the currency to the support levels at $0.25, $0.20, and $0.15, respectively.

Against Bitcoin, Bancor is following a bullish rally, and it could swing higher to cross above the upper boundary of the channel that could identify the resistance at 2400 SAT and above. On the other hand, if the market price crosses the lower boundary of the channel, it may reach the support level of 1800 SAT and below.

BNTBTC – Daily Chart

However, the technical indicator’s RSI (14) is currently moving to cross above the 50 level as the signal line is pointing north to confirm the upward move. Moreover, any further upward movement may create additional gains above the channel.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

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Blockchain

DYDX/USD could rise above $1.20

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Since the coin starts the upward movement towards the upside, the dYdX price forecast is likely to move steadily inside the channel.

dYdX prediction stats data:

  • DYDX price now – $1.10
  • DYDX market capitalization – $72.7 million
  • Circulating supply of DYDX – 65.5 million
  • Total supply of DYDX – 1 billion
  • DYDX Coinmarketcap Rank – #198

DYDX/USD Market

Key levels:

Resistance levels: $2.00, $2.20, $2.40

Support levels: $0.50, $0.30, $0.10

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DYDXUSD – daily chart

DYDX/USD is likely to cross above the 9-day and 21-day moving averages as the currency begins its upward movement. in the past few days, dYdX price Struggles to cross over to the positive side. According to the daily chart, the RSI (14) technical indicator moved to cross above the 40 level, confirming the bullish movement of the currency.

dYdX Price Prediction: DYDX is ready for an uptrend

the dYdX price It is currently moving north. If the currency continues its upward movement, the bulls may cross above the 9-day and 21-day moving averages, which could reach the resistance levels at $2.00, $2.20, and $2.40. At the time of writing, DYDX/USD is showing a slight bullish movement on the daily chart.

Conversely, if the coin slips below the lower boundary of the channel, it may bring the coin back to the $0.50, $0.30, and $0.10 support levels, respectively. Meanwhile, long-term buyers should not be alarmed by the small impact down the road, as the future of DYDX is assured as evidenced by the technical indicator’s RSI (14).

Against Bitcoin, dYdX price is hovering below its 9-day and 21-day moving averages as the coin is poised for an upward move. The technical indicator’s RSI (14) also confirms the upward movement as the signal line encounters the 40 level. On the contrary, a potential downside move could emerge if the market price crosses below the lower boundary of the channel, which could reach the support level 200 SAT and below.

DYDXBTC – Daily Chart

Meanwhile, any further bullish move above the moving averages could push the coin to the 1200 SAT resistance level and above, and this could take the coin to a new high, and the market could remain in the bullish zone.

But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.

Related

Dash 2 Tadawul – High Potential Pre-Selling

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Dash 2 Trading
  • Active pre-sale is live now – dash2trade.com
  • Featured in Cointelegraph – $10 Million Raised
  • Know Your Customer verified and reviewed
  • The original code for the crypto signals ecosystem

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Blockchain

SBF to Enter Plea Deal, Mango Exploiter Arrested, Celsius News: Hodler’s Digest, Dec. 25-31

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