{"id":639429,"date":"2024-09-03T05:08:32","date_gmt":"2024-09-03T05:08:32","guid":{"rendered":"https:\/\/uniquehot.com\/?p=639429"},"modified":"2024-09-03T04:13:00","modified_gmt":"2024-09-03T04:13:00","slug":"polkadot-price-lags-4-50","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/all\/polkadot-price-lags-4-50\/","title":{"rendered":"Polkadot Price Lags: Can DOT Establish a Base for Recovery?"},"content":{"rendered":"
Polkadot (DOT) is struggling below $5.00 against the US Dollar. The price must settle above the $4.35 and $4.50 resistance levels to start a decent increase.<\/em><\/p>\n
\n
DOT declined steadily below the $5.50 and $5.00 levels against the US Dollar.<\/li>\n
The price is trading below the $5.00 zone and the 100-hourly simple moving average.<\/li>\n
There was a break above a connecting bearish trend line with resistance at $4.18 on the hourly chart of the DOT\/USD pair (data source from Kraken).<\/li>\n
The pair could start a decent upward move if it settles above $4.35 and then $4.50.<\/li>\n<\/ul>\n