{"id":35976,"date":"2024-01-11T06:21:38","date_gmt":"2024-01-11T06:21:38","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2024\/01\/11\/dot-price-polkadot-pumps-15-as-bulls-aim-for-surge-to-10\/"},"modified":"2024-01-11T06:21:39","modified_gmt":"2024-01-11T06:21:39","slug":"dot-price-polkadot-pumps-15-as-bulls-aim-for-surge-to-10","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2024\/01\/11\/dot-price-polkadot-pumps-15-as-bulls-aim-for-surge-to-10\/","title":{"rendered":"DOT Price (Polkadot) Pumps 15% As Bulls Aim For Surge To $10"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><em>Polkadot (DOT) is gaining tempo above the $7.50 resistance towards the US Dollar. The value is up almost 15% and would possibly rise additional towards $10.00.<\/em><\/p>\n<ul>\n<li>DOT is displaying heavy bullish indicators from the $6.65 assist towards the US Dollar.<\/li>\n<li>The value is buying and selling above the $8.00 zone and the 100 easy transferring common (4 hours).<\/li>\n<li>There was a break above a key bearish pattern line with resistance close to $7.80 on the 4-hour chart of the DOT\/USD pair (information supply from Kraken).<\/li>\n<li>The pair might proceed to rally until the bears are capable of defend the $8.88 resistance zone.<\/li>\n<\/ul>\n<h2>Polkadot Price Restarts Rally<\/h2>\n<p>After a gradual decline, DOT value discovered assist close to the $6.65 zone. A low was fashioned at $6.64 and Polkadot not too long ago began a recent improve. The value was capable of clear the $6.85 and $7.00 resistance ranges to maneuver right into a constructive zone, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-stuck-below-48k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-rallies-2650\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>.<\/p>\n<p>There was a break above a key bearish pattern line with resistance close to $7.80 on the 4-hour chart of the DOT\/USD pair. The pair even surpassed the 50% Fib retracement degree of the downward transfer from the $9.58 swing excessive to the $6.64 low.<\/p>\n<p>DOT is now buying and selling above the $8.00 zone and the 100 easy transferring common (4 hours). Immediate resistance is close to the $8.45 degree. The subsequent main resistance is close to $8.88 or the 76.4% Fib retracement degree of the downward transfer from the $9.58 swing excessive to the $6.64 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/01\/Polkadot-DOT.png?resize=1024%2C461\"><img decoding=\"async\" class=\"alignnone size-full wp-image-569027\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/01\/Polkadot-DOT.png?resize=1024%2C461\" alt=\"DOT Price (Polkadot) \" width=\"1024\" height=\"461\" srcset=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/01\/Polkadot-DOT.png?resize=1024%2C461?w=1835 1835w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/01\/Polkadot-DOT.png?resize=1024%2C461?w=460 460w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/01\/Polkadot-DOT.png?resize=1024%2C461?w=768 768w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/01\/Polkadot-DOT.png?resize=1024%2C461?w=860 860w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/01\/Polkadot-DOT.png?resize=1024%2C461?w=1536 1536w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/01\/Polkadot-DOT.png?resize=1024%2C461?w=750 750w, https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/01\/Polkadot-DOT.png?resize=1024%2C461?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" loading=\"lazy\" data-recalc-dims=\"1\"\/><\/a><\/p>\n<p>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/DOTUSD\/\" target=\"_blank\" rel=\"noopener\">DOTUSD on TradingView.com<\/a><\/p>\n<p>A profitable break above $8.88 might begin one other sturdy rally. In the said case, the value might simply rally towards $9.50 within the close to time period. The subsequent main resistance is seen close to the $10.00 zone.<\/p>\n<h2>Are Dips Supported in DOT?<\/h2>\n<p>If DOT value fails to start out a recent improve above $8.45, it might begin a recent decline. The first key assist is close to the $7.80 degree and the identical pattern line.<\/p>\n<p>The subsequent main assist is close to the $7.50 degree, under which the value would possibly decline to $7.00. Any extra losses might maybe open the doorways for a transfer towards the $6.65 assist zone.<\/p>\n<p>Technical Indicators<\/p>\n<p>4-Hours MACD \u2013 The MACD for DOT\/USD is now gaining momentum within the bullish zone.<\/p>\n<p>4-Hours RSI (Relative Strength Index) \u2013 The RSI for DOT\/USD is now above the 50 degree.<\/p>\n<p>Major Support Levels \u2013 $7.80, $7.500 and $7.00.<\/p>\n<p>Major Resistance Levels \u2013 $8.45, $8.88, and $9.50.<\/p>\n<p>Disclaimer: The article is supplied for instructional functions solely. It doesn&#8217;t symbolize the opinions of NewsBTC on whether or not to purchase, promote or maintain any investments and naturally investing carries dangers. You are suggested to conduct your personal analysis earlier than making any funding choices. Use data supplied on this web site solely at your personal danger.<\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.newsbtc.com\/analysis\/dot\/dot-price-polkadot-pumps-15\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Polkadot (DOT) is gaining tempo above the $7.50 resistance towards the US Dollar. The value is up almost 15% and would possibly rise additional towards $10.00. DOT is displaying heavy bullish indicators from the $6.65 assist towards the US Dollar. The value is buying and selling above the $8.00 zone and the 100 easy 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