{"id":5816,"date":"2022-08-01T22:22:50","date_gmt":"2022-08-01T22:22:50","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/08\/01\/polkadot-prediction-as-price-slides-after-the-recent-breakout\/"},"modified":"2022-08-01T22:22:50","modified_gmt":"2022-08-01T22:22:50","slug":"polkadot-prediction-as-price-slides-after-the-recent-breakout","status":"publish","type":"post","link":"https:\/\/coingrafter.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> [ad_1]<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 appropriate<\/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 counsel 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 whole 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 12 months for Polkadot\u2019s DOT. The cryptocurrency topped $55 final 12 months however now trades at merely $8.50. With recent beneficial properties, considered one of the key speculations is whether or not DOT will reclaim its former self. We discover it would, 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, due to turning $8, the earlier resistance, into help. We see the $8 stage as the reference zone for consumers. A retracement is a chance to purchase, and it\u2019s already taking place.\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 shifting common moved above the 21-day shifting 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 shifting common since June. That means that consumers collected 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 appropriate as much as $8.0. For traders who purchased at the backside price, the token remains to be a maintain as upside potential stays. New traders can take into account 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 additional rise. Investors ought to reap the benefits of a possible retracement to purchase the token.<\/span><\/p>\n<\/div>\n<p>[ad_2]<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>[ad_1] Polkadot\u2019s DOT is cooling after a 20% weekly surge The cryptocurrency might slide again to $8 as most cryptocurrencies appropriate Technical indicators counsel 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4587,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[1083,1054,111,110,2158],"class_list":["post-5816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-breakout","tag-polkadot","tag-prediction","tag-price","tag-slides","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/5816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=5816"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/5816\/revisions"}],"predecessor-version":[{"id":5817,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/5816\/revisions\/5817"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/4587"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=5816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=5816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=5816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}