Disclaimer: This is not funding recommendation. The data offered is for common functions solely. No data, supplies, companies and different content material offered on this web page represent a solicitation, suggestion, endorsement, or any monetary, funding, or different recommendation. Search unbiased skilled session within the type of authorized, monetary, and financial recommendation earlier than making any funding resolution.
- Polkadot is up 3.87% at the moment towards the US Greenback
- DOT/ETH elevated by 2.28% at the moment
- Polkadot is at present buying and selling 22.50% beneath our prediction on Mar 22, 2024
- Polkadot gained 34.86% within the final month and is up 58.00% since 1 yr in the past
Polkadot value | $ 10.23 |
Polkadot prediction |
$ 13.20 (30.59%) |
Sentiment |
Bullish |
Worry & Greed index |
79 (Excessive Greed) |
Key assist ranges | $ 9.21, $ 8.73, $ 7.90 |
Key resistance ranges | $ 10.52, $ 11.35, $ 11.83 |
DOT value is anticipated to rise by 30.59% within the subsequent 5 days in accordance with our Polkadot value prediction
In keeping with our Polkadot price prediction, DOT is anticipated to succeed in a value of $ 13.20 by Mar 22, 2024. This might characterize a 30.59% value enhance for DOT within the subsequent 5 days.
DOT Price Prediction Chart
What has been occurring with Polkadot within the final 30 days
Polkadot has been displaying a constructive pattern not too long ago, because the coin gained 34.86% within the final 30-days. The medium-term pattern for Polkadot has been bullish, with DOT growing by 53.90% within the final 3 months. The long-term image for Polkadot has been constructive, as DOT is at present displaying a 58.00% 1-year value change. On at the present time final yr, DOT was buying and selling at $ 6.48.
Polkadot reached its all-time excessive value on Nov 04, 2021, when the value of DOT peaked at $ 54.98. The present DOT cycle excessive is $ 11.86, whereas the cycle low is at $ 3.59. DOT has been displaying excessive volatility not too long ago – the 1-month volatility of the coin is at 14.37. Polkadot recorded 19 inexperienced days within the final 30 days.
Polkadot technical evaluation for at the moment – Mar 17, 2024
The sentiment within the Polkadot markets is at present Bullish, and the Worry & Greed index is studying Excessive Greed. An important assist ranges to look at are $ 9.21, $ 8.73 and $ 7.90, whereas $ 10.52, $ 11.35 and $ 11.83 are the important thing resistance ranges.
Bullish sentiment for Polkadot
24 indicators are at present signaling a bullish prediction for Polkadot, whereas 5 indicators are displaying a bearish forecast. With 83% of indicators favoring a constructive prediction. This ends in an general Bullish sentiment for Polkadot.
Crypto market is at present experiencing Excessive Greed
At present, the Worry & Greed index is at 79 (Excessive Greed), which alerts that buyers have a constructive outlook available on the market. The Worry & Greed index is a measure of sentiment amongst cryptocurrency buyers. A “Greed” studying means that buyers are at present optimistic concerning the cryptocurrency market, however will also be a sign that the market is overvalued. A “Worry” studying, then again, alerts that buyers are at present hesitant concerning the cryptocurrency market, which doubtlessly represents a shopping for alternative.
Polkadot shifting averages & oscillators
Let’s check out what a number of the most necessary technical indicators are signaling. We’ll be going via key shifting averages and oscillators that may permit us to get a greater concept of how Polkadot is positioned out there proper now.
Interval | Day by day Easy | Day by day Exponential | Weekly Easy | Weekly Exponential |
MA3 | $ 9.35 (BUY) | $ 9.41 (BUY) | – | – |
MA5 | $ 9.72 (BUY) | $ 8.80 (BUY) | – | – |
MA10 | $ 10.03 (BUY) | $ 8.04 (BUY) | – | – |
MA21 | $ 9.52 (BUY) | $ 7.19 (BUY) | $ 12.86 (SELL) | $ 6.83 (BUY) |
MA50 | $ 8.14 (BUY) | $ 6.15 (BUY) | -$ 8.70 (BUY) | $ 6.43 (BUY) |
MA100 | $ 7.82 (BUY) | $ 5.49 (BUY) | -$ 23.67 (BUY) | $ 4.79 (BUY) |
MA200 | $ 6.46 (BUY) | $ 5.30 (BUY) | – | – |
Interval | Worth | Motion |
RSI (14) | 50.81 | NEUTRAL |
Stoch RSI (14) | 0.00 | BUY |
Stochastic Quick (14) | 28.20 | NEUTRAL |
Commodity Channel Index (20) | 66.67 | NEUTRAL |
Common Directional Index (14) | 40.57 | SELL |
Superior Oscillator (5, 34) | 1.92 | NEUTRAL |
Momentum (10) | -0.82 | SELL |
MACD (12, 26) | -0.05 | NEUTRAL |
Williams P.c Vary (14) | -71.80 | NEUTRAL |
Final Oscillator (7, 14, 28) | 56.02 | NEUTRAL |
VWMA (10) | 10.71 | SELL |
Hull Transferring Common (9) | 11.23 | SELL |
Ichimoku Cloud B/L (9, 26, 52, 26) | 9.56 | NEUTRAL |
The Relative Power Index (RSI 14) is a broadly used indicator that helps inform buyers whether or not an asset is at present overbought or oversold. The RSI 14 for Polkadot is at 50.81, suggesting that DOT is at present impartial.
The 50-day Easy Transferring Common (SMA 50) takes into consideration the closing value of Polkadot during the last 50 days. At present, Polkadot is buying and selling beneath the SMA 50 trendline, which is a bearish sign.
In the meantime, the 200-day Easy Transferring Common (SMA 200) is a long-term trendline that’s calculated by taking a mean of the DOT closing value for the final 200 days. DOT is now buying and selling beneath the SMA 200, signaling that the market is at present bearish.
The underside line about this Polkadot prediction
After contemplating the above components, we will conclude that the present forecast for Polkadot value prediction is Bullish. DOT must enhance by 30.59% to hit our $ 13.20 goal inside the subsequent 5 days. Transferring ahead, will probably be necessary to watch the DOT market sentiment, the important thing assist and resistance ranges, and different metrics. Nevertheless, we’ve got to remember the fact that the cryptocurrency markets are unpredictable, and even the most important crypto belongings show plenty of value volatility. For long-term Polkadot value predictions click on here.
Disclaimer: This is not funding recommendation. The data offered is for common functions solely. No data, supplies, companies and different content material offered on this web page represent a solicitation, suggestion, endorsement, or any monetary, funding, or different recommendation. Search unbiased skilled session within the type of authorized, monetary, and financial recommendation earlier than making any funding resolution.