{"id":5902,"date":"2022-08-01T23:39:53","date_gmt":"2022-08-01T23:39:53","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2022\/08\/01\/polkadot-prediction-as-price-slides-after-the-recent-breakout\/"},"modified":"2022-08-01T23:39:53","modified_gmt":"2022-08-01T23:39:53","slug":"polkadot-prediction-as-price-slides-after-the-recent-breakout","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2022\/08\/01\/polkadot-prediction-as-price-slides-after-the-recent-breakout\/","title":{"rendered":"Polkadot prediction as price slides after the recent breakout"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<ul style=\"margin-top:0;margin-bottom:0\">\n<li style=\"list-style-type:disc;font-size:12pt;font-family:'Times New Roman';color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline\">\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:0pt\"><span style=\"font-size:12pt;font-family:'Times New Roman';color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline\">Polkadot\u2019s DOT is cooling after a 20% weekly surge<\/span><\/p>\n<\/li>\n<li style=\"list-style-type:disc;font-size:12pt;font-family:'Times New Roman';color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline\">\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:0pt\"><span style=\"font-size:12pt;font-family:'Times New Roman';color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline\">The cryptocurrency might slide again to $8 as most cryptocurrencies right<\/span><\/p>\n<\/li>\n<li style=\"list-style-type:disc;font-size:12pt;font-family:'Times New Roman';color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline\">\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:8pt\"><span style=\"font-size:12pt;font-family:'Times New Roman';color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline\">Technical indicators recommend that bullish momentum is underway<\/span><\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:8pt\"><span style=\"font-size:12pt;font-family:'Times New Roman';color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline\">Cryptocurrencies are taking a breather after recent recoveries. Polkadot\u2019s DOT\/USD is one such cryptocurrency, though it&#8217;s a lot of a consolidation. At press time, DOT was marginally up 1.77% in 24 hours. However, the complete beneficial properties in the week are amongst the highest at 20.79%. Nothing prevents a correction for DOT, however we consider the price will shoot once more.<\/span><\/p>\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:8pt\"><span style=\"font-size:12pt;font-family:'Times New Roman';color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline\">It\u2019s a quiet yr for Polkadot\u2019s DOT. The cryptocurrency topped $55 final yr however now trades at merely $8.50. With recent beneficial properties, certainly one of the key speculations is whether or not DOT will reclaim its former self. We discover it&#8217;d, however this might take some time.<\/span><\/p>\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:8pt\"><span style=\"font-size:12pt;font-family:'Times New Roman';color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline\">DOT has already proven the enthusiasm to climb once more. It occurs, because of turning $8, the earlier resistance, into help. We see the $8 degree as the reference zone for patrons. A retracement is a chance to purchase, and it\u2019s already occurring.\u00a0<\/span><\/p>\n<h2 style=\"line-height:1.295;margin-top:18pt;margin-bottom:4pt\"><strong><span style=\"font-size:18pt;font-family:Calibri,sans-serif;color:#000000;background-color:transparent;font-weight:700;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline\">Moving common crossover suggests a bullish second for DOT<\/span><\/strong><\/h2>\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:8pt\"><span style=\"font-size:12pt;font-family:'Times New Roman';color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline\"><span style=\"border:none;overflow:hidden;width:602px;height:274px\"><img decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/07\/01\/1659384970852-618c012b-20da-4764-8ae0-4608e42856bf.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\"\/><\/span><\/span><\/p>\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:8pt\"><span style=\"font-size:12pt;font-family:'Times New Roman';color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline\">Source \u2013 TradingView<\/span><\/p>\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:8pt\"><span style=\"font-size:12pt;font-family:'Times New Roman';color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline\">Technically, the 14-day transferring common moved above the 21-day transferring common for DOT. That confirmed a bullish outlook as the price surged above the $8 resistance. Another bullish indicator is the MACD. The MACD line is but to interrupt beneath the transferring common since June. That means that patrons amassed DOT as it bottomed at $7.98 and are nonetheless relentless.<\/span><\/p>\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:8pt\"><span style=\"font-size:12pt;font-family:'Times New Roman';color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline\">On a technical snapshot, DOT is bullish however might right as much as $8.0. For buyers who purchased at the backside price, the token continues to be a maintain as upside potential stays. New buyers can think about shopping for decrease.<\/span><\/p>\n<h3 style=\"line-height:1.295;margin-top:14pt;margin-bottom:4pt\"><strong><span style=\"font-size:13.999999999999998pt;font-family:Calibri,sans-serif;color:#000000;background-color:transparent;font-weight:700;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline\">Summary<\/span><\/strong><\/h3>\n<p dir=\"ltr\" style=\"line-height:1.295;margin-top:0pt;margin-bottom:8pt\"><span style=\"font-size:12pt;font-family:'Times New Roman';color:#000000;background-color:transparent;font-weight:400;font-style:normal;font-variant:normal;text-decoration:none;vertical-align:baseline\">Polkadot is bullish, however a correction is imminent. Moving averages and MACD indicators help an extra rise. Investors ought to benefit from a possible retracement to purchase the token.<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/polkadot-prediction-as-price-slides-after-the-recent-breakout\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Polkadot\u2019s DOT is cooling after a 20% weekly surge The cryptocurrency might slide again to $8 as most cryptocurrencies right Technical indicators recommend that bullish momentum is underway Cryptocurrencies are taking a breather after recent recoveries. Polkadot\u2019s DOT\/USD is one such cryptocurrency, though it&#8217;s a lot of a consolidation. At press time, DOT was marginally [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4653,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[792,665,111,110,2129],"class_list":{"0":"post-5902","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market","8":"tag-breakout","9":"tag-polkadot","10":"tag-prediction","11":"tag-price","12":"tag-slides"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/5902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=5902"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/5902\/revisions"}],"predecessor-version":[{"id":5903,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/5902\/revisions\/5903"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/4653"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=5902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=5902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=5902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}