Market for Polkadot (DOT) Rebounds After Hitting $4.56 Support
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As the bears’ hold on the DOT market weakens, bulls are able to seize the momentum.
Bulls have pushed the price up to $4.60, a 0.45% increase, as of press time.
Technical indicators warn traders to tread cautiously in the short term.
After bears pushed Polkadot (DOT) to a low of $4.56 throughout the trading day, bulls regained control of the market. As the price of Polkadot has dropped significantly, bulls may decide to increase their holdings. This bullish control successfully drove DOT price to $4.60 a 0.45% rise.
In the upswing, bulls were able to boost market value by 0.45% to $5,305,519,275. However, the 24-hour trading volume dropped by 4.08% to $113,647,258 suggesting that it is time to sell and take gains.
The post Market for Polkadot (DOT) Rebounds After Hitting $4.56 Support appeared first on Coin Edition.
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