{"id":9261,"date":"2022-09-22T22:34:19","date_gmt":"2022-09-22T22:34:19","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/09\/22\/is-the-slide-on-polkadot-dot-usd-an-opportunity-to-buy\/"},"modified":"2022-09-22T22:34:20","modified_gmt":"2022-09-22T22:34:20","slug":"is-the-slide-on-polkadot-dot-usd-an-opportunity-to-buy","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/09\/22\/is-the-slide-on-polkadot-dot-usd-an-opportunity-to-buy\/","title":{"rendered":"Is the slide on Polkadot DOT\/USD an opportunity to buy?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Polkadot is presently buying and selling at $6.34 with weekly losses topping 10%.<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p>The interconnectivity blockchain is going through stress from the ongoing crypto sell-off.<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p>Technical charts present extra weak spot as the value retest help zone.<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">Polkadot DOT\/USD has hit the ground, presently buying and selling at $6.34. The value represents a ten.85% loss in the previous week. DOT continues to endure from the general crypto bearish market sentiment. A hawkish Fed and BoE charge hikes are weighing down on the token simply as the remainder of the digital belongings.<\/p>\n<p dir=\"ltr\">Equally essential is the political instability rocking Eastern Europe. A doable escalation of the Russian-Ukraine battle might be imminent. Russian President Putin has referred to as for a partial mobilization to ship extra troops to Ukraine.\u00a0<\/p>\n<p dir=\"ltr\">On the micro-level, Polkadot continues to unveil common upgrades to improve the blockchain. There is a secure efficiency on its parachains as nicely. Polkadot Insider report ranked Moonbeam\u2019s GLMR token as the most traded on the community as of Sept.20. The parachain had $12.5 million in volumes. Its counterpart, MoonRiver\u2019s MVR token, adopted at $6.3 million.\u00a0<\/p>\n<p dir=\"ltr\">In the previous week alone, Polkadot has recorded greater than $77 million in switch volumes with a each day common of 1,200 new accounts.<\/p>\n<p dir=\"ltr\">More constructive fundamentals relate to the platform\u2019s new staking protocol. vDOT staking liquidity pool by Bifrost reported 121,551 minted tokens 4 days in the past. Bifrost Finance is the high parachain on Polkadot and certainly one of the main staking platforms.<\/p>\n<h2 dir=\"ltr\">DOT retests $6.3 help<\/h2>\n<h3>eToro<\/h3>\n<p>eToro is certainly one of the world&#8217;s main multi-asset buying and selling platforms providing a few of the lowest fee and charge charges in the trade. It&#8217;s social copy buying and selling options make it an incredible selection for these getting began.<\/p>\n<p>\n <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=NzU5NTQ&amp;component=simple-table&amp;language=en&amp;country=DE&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n  Buy DOT with eToro today<br \/>\n  <\/a><br \/>\n  <button class=\"o-flex o-items-center o-mt-2 o-text-sm o-text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in most EU countries and the UK. No consumer protection. Your capital is at risk. CFD crypto trading is unavailable for clients residing in the UK and US.\" aria-expanded=\"false\"><br \/>\n <span class=\"o-border-b o-border-gray-600 o-border-dotted\">Disclaimer<\/span><br \/>\n <span class=\"o-ml-1\"><br \/>\n <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\"><path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/><\/svg><br \/>\n <\/span><br \/>\n <\/button>\n <\/p>\n<h3>Capital.com<\/h3>\n<p>Capital.com is a worldwide dealer which affords over 200 cryptocurrencies for its customers.<\/p>\n<p>It comes with a spread of options equivalent to; nice safety, 24\/7 help, demo accounts and all kinds of belongings.<\/p>\n<p>On high of that, it additionally has no inactivity, withdrawal or deposit charges, which makes it stand out from different crypto manufacturers.<\/p>\n<p>\n <a href=\"https:\/\/coinjournal.net\/visit\/capital-com-crypto?guid=NzU5NTQ&amp;component=simple-table&amp;language=en&amp;country=DE&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n  Buy DOT with Capital.com today<br \/>\n  <\/a><br \/>\n  <button class=\"o-flex o-items-center o-mt-2 o-text-sm o-text-gray-600 focus:o-outline-none\" data-tooltip=\"83.45% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.\" aria-expanded=\"false\"><br \/>\n <span class=\"o-border-b o-border-gray-600 o-border-dotted\">Disclaimer<\/span><br \/>\n <span class=\"o-ml-1\"><br \/>\n <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\"><path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/><\/svg><br \/>\n <\/span><br \/>\n <\/button>\n <\/p>\n<p dir=\"ltr\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/media.igms.io\/2022\/08\/22\/1663882316530-68b10677-eeb8-467a-b9eb-335db9803d82.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"324\"\/>Source: TradingView<\/p>\n<p dir=\"ltr\">According to the each day chart above, DOT dropped from $8 to barely above $6 in simply ten days. The pattern of decrease highs and decrease lows represents a 25% loss. Although the RSI exhibits some small shopping for, DOT faces potential consolidation at the 20-day and 50-day MA.<\/p>\n<h3 dir=\"ltr\">Concluding ideas<\/h3>\n<p dir=\"ltr\">The slide in DOT is just not an ultimate shopping for opportunity at the present degree. The logic stays that the value is trying exceedingly bearish beneath key ranges. DOT can be buying and selling above the oversold zone at an RSI of 38. Above the benchmark, extra draw back might be seen earlier than any pattern reversal.<\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/is-the-slide-on-polkadot-an-opportunity-to-buy\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Polkadot is presently buying and selling at $6.34 with weekly losses topping 10%. The interconnectivity blockchain is going through stress from the ongoing crypto sell-off. Technical charts present extra weak spot as the value retest help zone. Polkadot DOT\/USD has hit the ground, presently buying and selling at $6.34. The value represents a ten.85% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6833,"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":[132,4373,348,1054,1433],"class_list":["post-9261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-buy","tag-dotusd","tag-opportunity","tag-polkadot","tag-slide","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\/9261","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=9261"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/9261\/revisions"}],"predecessor-version":[{"id":9262,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/9261\/revisions\/9262"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/6833"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=9261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=9261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=9261"}],"curies":[{"name":"wp","href":"https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