DOT will likely decline as investors wait for more favorable conditions before re-entering the market.
The Fantom (FTM) price has recently shown promising growth, but questions remain about how long this uptrend can last. Despite the initial surge, key indicators are starting to hint at a potential weakening of momentum.
A closely followed crypto analyst and trader believe that one red-hot Solana (SOL)-based memecoin may have even more upside potential after putting up huge gains in the last week.
Polkadot (DOT) continues to decline during the current session and has slipped below the 20 and 50-day SMAs. The price has been down by just over 3% in the past 24 hours and is currently trading around $4.21.
FTM is trading at approximately $0.76 after a robust 9% increase in just a single day. This upward momentum can be attributed to a combination of factors, including the liquidation of short sellers and a notable rise in transactions by whale investors.
Polkadot (DOT) has seen a remarkable resurgence in the cryptocurrency market over the past week, prompting many analysts and investors to speculate about its future trajectory. After reaching a low of $3.90, DOT has rallied impressively, experiencing a surge of 12.82% recently.
Polkadot (DOT) stalled at $4.50 yet again, falling back in the red during the ongoing session. DOT is currently down by almost 4%, although it is up by almost 6% if we look at the previous 7 days.
Analysts suggest that new AI-powered altcoins could offer even greater returns, possibly up to 30 times the investment.
Polkadot (DOT) has seen a price increase in the daily timeframe as the crypto market soars. Some market watchers suggested the cryptocurrency is gearing up for a breakout, setting new targets for the short and mid-term timeframes.
Sonic Labs, the team behind the Sonic blockchain formerly known as Fantom, has released an ambitious litepaper that details technological advances and a new token distribution mechanism.
Fantom (FTM) has recorded impressive price actions over the past few sessions, gaining 8% and 55% on its weekly and monthly charts, respectively. While enhanced broad market sentiments amidst the Uptober narrative fueled the uptrends, whale activity and short seller liquidations extended FTM's rally.
Polkadot (DOT) is currently navigating a challenging market landscape, struggling to break through a significant resistance level at $4.27. Despite this, several indicators suggest that a breakout may soon be on the horizon.
FTM transactions exceeding $100,000 have jumped 1,000% from 4.38M to 50.78M.
Polkadot has experienced a significant comeback over the past week, leaving analysts eyeing a 357.67% rally to $20.
Polkadot (DOT) has made a strong recovery since dropping to a day low of $3.95 on Thursday and has started the current week on a very bullish note, surging past the 20 and 50-day SMAs.
Polkadot's native token, (DOT), may be positioning itself for a major breakout, following a similar price trend seen in Fantom. However, Popular crypto analyst Ali Martinez suggests that if this trend holds, Polkadot could first rally to $9.7. After a brief pullback to $6.7, Martinez suggests DOT could even break out to an impressive $20.
AI-related cryptos are seeing a surge of interest in today's session as buying activity heats up.
There is a high number of DOT long traders on Binance with a long/short ratio of 4.37.
Bitcoin (BTC) registered a weekend bounce after briefly dropping below $60,000. The world's largest cryptocurrency has been up by almost 3% over the past 24 hours and is currently trading around the $64,500 mark, with buyers eying the $65,000 price level.
Polkadot ($DOT) survived another bearish week after failing to push above $5 at the end of September. $DOT battled to stay above $4 this week, briefly dropping below $4 on several occasions.
Polkadot (DOT) is up almost 3% over the past 24 hours as it continues a steady yet sluggish recovery, which has seen it push to $4.20.
The intense bullishness in September has given way to a milder, range-bound price action.
Polkadot (DOT) has struggled during the market's latest downturn, with its price turning bearish after another failed attempt to conquer the $5 price level.
The crypto market has witnessed mixed price actions over the past few sessions, leading to considerable investor speculation. Bitcoin (BTC) continued to trade below $61,000 and registered a marginal drop over the past 24 hours.
Will DOT's bulls finally reclaim lost ground?
Polkadot (DOT) is currently at a pivotal point in its price trajectory, with the potential to break through critical resistance levels. Although some bullish momentum has been noted, the path to a rally beyond $4.98 depends on various technical indicators and broader market conditions.
Fantom (FTM) has been making headlines in the cryptocurrency world lately, as it has broken out of a descending price channel and is now trading at approximately $0.6721, marking a notable 3.15% increase. This surge has generated discussions among investors and analysts alike, with many wondering if this bullish momentum can propel FTM to new all-time highs.
Polkadot (DOT) is struggling to stay above $4 as intense selling pressure continues to weigh down the price. A drop below $4 could see DOT fall to $3.62.
Mythos, a gaming-oriented blockchain company, is bringing unforeseen traffic to the Polkadot (DOT) network, with 3.6 million new accounts registered since Mythical Market was integrated with the DOT ecosystem, as of Wednesday, October 10.
Two DeFi tokens—Fantom (FTM) and Conflux (CFX)—are gearing up for a potential breakout. With their current price trends at critical junctions, investors are keenly watching to see if these tokens can sustain their momentum and potentially hit the $1 mark in the near future.
FTM, TRX, and APT show gains, while analysts project a long-term bullish outlook for BTC.
Polkadot (DOT) continued its steady decline as sellers dragged the price below $4.10 after buyers lost momentum. DOT could drop to $4 or lower should its downward trajectory continue.
Despite some bullish momentum on the charts, DOT's rally to $4.98 remains conditional.
FTM's breakout shows strong momentum, supported by bullish technical and on-chain indicators.
The altcoin space has remained calm in the recent past, with most projects signaling imminent bullish breakout after consolidating in the past seven months. The crypto cash rotation will be favoring the altcoins in the near term after Bitcoin's (BTC) price dominated the past year.
Polkadot (DOT) is struggling to recover from its latest downturn. The cryptocurrency has been mostly trading sideways since the middle of last week.
When/if Bitcoin ($BTC) makes its next upside move, some of the more fundamentally sound altcoins have the potential to outperform. Binance Coin ($BNB), Fantom ($FTM) and THORchain ($RUNE) are among them.
Fantom (FTM) price has seen a remarkable rally in the last 30 days, surging 68% and sparking speculation of the token's return to $1. However, despite this impressive performance, on-chain data suggest that the run toward this milestone is far from guaranteed.
Amid the minor pullback in the top altcoins, Fantom and Conflux DeFi Tokens are preparing for the next bullish stage. With ongoing recovery runs, the FTM and CFX price trends are at crucial “Make it or Break it” junctions.
Polkadot, an interoperable blockchain, continues to build. Less than a month after launching Agile Coretime, the first core was bought for 69 DOT over the weekend.
Bitcoin (BTC) had a reasonably positive weekend, pushing back above $63,000 after dropping to a low of $60,031 on Thursday. The world's largest cryptocurrency is up by almost 3% over the past 24 hours, reaching a high of $63,916 earlier today before sellers pushed the price back below $63,500.
Polkadot ($DOT) managed to hold its position above $4 after a bearish week when the altcoin dropped to a low of $3.99 on Thursday.
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, which was originally published in Q1 2024, writer Gaz of Blocmates thoroughly examines Fantom's major upgrade, named Sonic.
Bitcoin's recovery above $62,000 is having a positive impact on altcoins, boosting prospects of a rally in APT, WIF, FTM and BGB.
Polkadot (DOT) ended Friday with an increase of 1.45%, pushing it to $4.19, as it looks to recover after falling to a low of $3.99 on Thursday.
Polkadot (DOT) has been navigating through turbulent market conditions, with its price recently dropping to $4.04, marking a significant decline of over 14% in just three days. As several altcoins struggle to maintain their recent gains amid rising geopolitical tensions, analysts are starting to see signals that could point to a potential bullish reversal for Polkadot.
Fantom (FTM) price has rebounded impressively after a week of bearish trends. The value of FTM is climbing, with the potential for further increases.