CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

CoinDesk 2025-07-01 18:27:24

Polkadot's DOT Slips 4% From Highs, Now Testing Support at $3.32 Level

Polkadot's DOT showed a clear trading range of 4.4%, with price action characterized by a sharp rally to $3.46 followed by a substantial correction, according to CoinDesk Research's technical analysis model. The model showed that support has now formed at the $3.32 level, which is currently being tested. The Polkadot ecosystem suffered a notable slowdown in transaction activity in the first quarter of the year, with a 36.9% drop from the previous quarter to 137.1 million transactions. In recent trading, DOT was 2.4% lower over 24 hours at around $3.31. The broader market gauge, the CoinDesk 20, was 2.4% lower at publication time. Technical Analysis: The 19:00-20:00 timeframe on June 30 saw the strongest bullish momentum with above-average volume (1.81M), establishing resistance at $3.46. Support formed at $3.32 during the July 1 07:00 hour with high volume (1.34M). The final hours showed renewed selling pressure, with DOT closing near the lower end of its range at $3.33, suggesting bearish sentiment despite a brief recovery attempt during the 14:00 hour. The period was marked by a sharp rally to $3.36 at 15:06, establishing the hour's high, followed by a steep sell-off that accelerated after 15:36. Notable volume spikes occurred at 15:31-15:32 (267K combined), suggesting institutional selling pressure.

Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine