Polkadots dot fell more than 3% in the last 24 hours and slid from $ 4.09 to $ 3.96, according to Coindesk Research’s technical analysis model.
There has been support around $ 3.91- $ 3.93 levels with remarkable volume tips during trade overnight, according to the model.
Volume analysis points to exhausted sales near current support zones.
Bindet presented a webinar today about cases in the real world to the polkadot blockchain, according to a post about X.
The fall in dot came when the wider crypto market also fell, with the wider market meter, Coindesk 20, recently down 1.2%.
In the latest trade DOT was 3.1% lower over 24 hours and traded about $ 3.95.
Technical Analysis:
- Price dropped more than 3% over 24-hour period from $ 4.09 to $ 3.96.
- Support levels established around $ 3.91- $ 3.93 range.
- Resistance zone identified between $ 4.03- $ 4.07.
- Volume Spike to 3.97 million at 00:00 ADC, over 2.26 million average.
- Critical support break occurred at $ 4.02 level in the last hour.
- The volume was diminished in the final minutes and suggested selling exhaustion.
Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with Our standards. For more information, see Coindesk’s full AI policy.
