Based on the technical analysis of Polkadot, we observe a bearish trend. In the long-term perspective, it is forecasted that the price of Polkadot will decrease by 0.168814$ over the next 7 days, reaching 1.74💲 by January 30, 2026.
In the short-term analysis, it has been determined that $DOT is currently experiencing a bearish trend.
Downward trend! According to our algorithm, there are clear signs that the price of Polkadot is decreasing! 😭
Current price: 1.909💲
Support level: 1.80💲
Resistance level: 2.07💲
Polkadot (💲DOT) Price Forecasts
Over the last 7 days, Polkadot has shown bearish trends as the coin experienced a decline of 9.87%.
Despite this decline, we expect a short-term recovery in the upcoming week as traders take advantage of the drop as a buying opportunity for $DOT.
According to our latest data, the current trading price for Polkadot is 1.91💲, placing it at rank #31.
The circulating supply for Polkadot is 1,658,138,795, resulting in a total market capitalization of 3,159,919,399💲.
Over the last 24 hours, Polkadot faced a decline of 1.05%. Polkadot has struggled to gain momentum over the last 7 days, experiencing a decline of 9.87%.
Despite strong fundamental indicators, DOT is currently showing bearish signs, making it imprudent to invest in this coin in the short term.
Over the last 30 days, Polkadot has shown an upward trend, with a 9.98% increase in value, resulting in an additional increase of 0.172931💲 to its previous value and raising its market capitalization to 3,159,919,399💲.
Considering the current bullish market conditions, it may be prudent to wait for a potential bearish market before investing in DOT.
Over the last 90 days, the value of Polkadot has decreased: the price has fallen by 38.28% and a loss of 1.18💲 compared to the previous value of 3.09💲.
This bearish trend may not be the best time to invest in Polkadot, and it might be wise to wait for a market turnaround before considering a purchase.
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