After a significant price decline of over 50% since May 2024, Polkadot (DOT) is now poised for a notable upside rally. The potential reasons for this bullish speculation include recent price action, increased investor interest, and the current bullish market sentiment.
Polkadot (DOT) is up 11% over the past seven days, with analysts predicting it could register a 2x increase after breaking out of a rare falling wedge pattern.
The Polkadot Blockchain Academy (PBA) has just announced PBA-X, a new initiative aimed at fast-tracking Web3 education and welcoming the next wave of blockchain professionals.
Polkadot gains traction with a potential rally to $6.5 as bullish signals strengthen.
Uniswap (UNI) made headlines in the cryptocurrency market as it reached a 4-month high, only to face a significant pullback due to increased selling pressure and profit-taking. Despite impressive whale activity and a strong bullish push, the rally has slowed down as more UNI tokens are deposited to exchanges, signaling that large traders may be preparing to sell.
Polkadot price may be preparing for a major bullish breakout as a rare pattern that has been forming since August nears its completion. Polkadot (DOT), a top layer-1 network, was trading at $4.30 on Friday, Nov.
With the overwhelming investor response past the US election results declaration, the crypto market has witnessed quite an upsurge, which is also true for the Polkadot price. Polkadot is one of the most famous blockchains, offering fast and cheaper services.
Polkadot price has established a robust support level above $3.6 in the past year, which is a basis for the ongoing bullish outlook.
Polkadot (DOT) is up almost 4% during the current session, as bullish sentiment returns to the market following Donald Trump's decisive victory in the US presidential elections.
If there is no fresh uptick in buying activity, Uniswap's uptrend could weaken.
The victory of “crypto president” Donald Trump continues to reverberate through the market, with Uniswap's native $UNI token rallying to hit a four-month high of $9.34 in the early hours UTC. However, Uniswap is now trading five cents below $9.
Zurich, Switzerland, 7th November 2024, Chainwire
Polkadot has been struggling with persistent downward pressure, sinking close to levels not seen since 2020. With the broader crypto market experiencing volatility, DOT traders are examining strategic moves that may help them navigate the bearish trend.
While Bitcoin (BTC) bulls are eyeing a new all-time high, Ethereum (ETH) is poised near $2,800 and Solana (SOL) is above $188. There is also notable attention on top DeFi tokens – including Uniswap (UNI), Aave (AAVE) and Ethena (ENA). Here's a wrap for the crypto market during the Asian hours on Nov.
Polkadot (DOT) reclaimed $4 following an impressive recovery after the elections, as crypto markets rallied after Republican candidate Donald Trump was declared victorious.
Uniswap (UNI) has experienced a significant rebound, posting an impressive 35% rally over the last 24 hours. This sharp uptick has revived investor optimism after months of stagnant price movement, suggesting that the altcoin may be on the verge of a new uptrend.
The Open Interest (OI) also increased by 20%, involving over 18 million tokens.
Polkadot, a leading multi-chain blockchain platform, has teamed up with SP Negócios, the investment and export promotion agency for São Paulo, to foster the growth of blockchain technology in Brazil. This strategic partnership aims to drive the development of crypto economy opportunities by enhancing blockchain education and supporting local businesses.
These exchange-related tokens are seeing incredible investor interest today, but can it continue?
Bitcoin hit a new all-time high as U.S. election results send altcoins rallying.
Uniswap price is on the cusp of soaring by another 32% after flipping an important resistance level and escaping its six-month correction. UNI token rose to $9.45 on November 6, its highest level since June 27.
Uniswap (UNI) is riding a wave of renewed bullish momentum, with its price inching closer to the critical $8.74 resistance level. This surge has captured the attention of investors eager to see if UNI can overcome this hurdle and unlock fresh upside potential.
The broad market gauge CoinDesk 20 Index was higher by 8.2% versus bitcoin's 6% advance following Donald Trump's victory.
After Donald Trump's U.S. election win, DeFi tokens like Aave and Uniswap experienced strong gains.
Solana joins Uniswap as a top performer, gaining 12.7% as U.S. Presidential election results come in.
Aave, Uniswap and other decentralized finance tokens saw substantial gains following Donald Trump's victory in the U.S. election.
Uniswap is breaking multi-month price levels amid ongoing bullish rally.
Will DOT's buyers finally regain lost ground?
Polkadot (DOT) has surged past $4 as the crypto market registered a strong recovery, buoyed by the prospect of Donald Trump winning the US presidential election.
The crypto markets are painted in green as the market participants turn bullish after Donald Trump sweeps the polls, becoming the new President of the United States. With this, the token with fewer expectations of a breakout attracts massive volume and breaks out of range.
Uniswap price has seen an impressive uptick, ending a months-long lack of momentum that persisted since early July. Over the past 24 hours, UNI recorded a strong 35% rally, bringing renewed optimism for the altcoin.
Uniswap was trading below the 50 and 200 EMA, indicating a potential long-term bearish trend.
Polkadot (DOT) has recovered after dropping to a low of $3.68 earlier today, with the price up by 1.21% as buyers look to push the altcoin back above $4.
Uniswap price remained under pressure on Monday, November 4, falling for five consecutive days as whales continued dumping the token. UNI token retreated to $6.9, its lowest level since October 4, and down by 60% from its highest level this year.
Aptos also joined Uniswap as an underperformer, declining 7.6% from Friday.
Bitcoin (BTC) briefly fell below $68,000, plunging to a low of $67,574 on Sunday as buyers struggled to hold on to $68,000 following the emergence of mixed signals. The drop marks a significant pullback from above $73,500, with recent daily candles representing considerable selling pressure, indicating a bearish outlook.
Polkadot (DOT) registered a significant decline in recent days and is trading below $4. Bearish sentiment dominated the market, resulting in a substantial drop in the altcoin's price.
Despite Uniswap's $2 trillion milestone, UNI's recovery remains uncertain amid persistent downtrend pressures.
Uniswap (UNI) is currently trading just below $8, following a recent rejection at a significant resistance level earlier this week. As this decentralized exchange navigates this pivotal point, technical indicators suggest a potential bullish breakout, making this an exciting time for traders and investors alike.
Polkadot (DOT) is struggling to reclaim $4 as sellers continue to dictate market sentiment, with the altcoin currently trading at $3.91, down over 1% in the past 24 hours.
Polkadot is among the top blockchains, securing a spot in the top 20. Even though the platform promotes blockchain interoperability, a feature needed in the age of increasing fragmentation, DOT prices have failed to inspire bulls.
Cointelegraph Research explores how Polkadot's innovative architecture and Polkadot 2.0 upgrade improve scalability, interoperability and decentralized governance in the blockchain ecosystem.
Render joined Uniswap as a top performer, gaining 2.6%.
Polkadot (DOT) registered a substantial decline of almost 6% on Thursday as sellers dragged the price below $4, as bearish sentiment returned to the broader crypto market.
Uniswap (UNI) has partnered with MoonPay to enable users to buy cryptocurrency using Venmo, offering a seamless and direct way to access DeFi.
Bitcoin raised Uptober hopes as it approached the $73,949 ATH on 29 October, trading above $73,600 on leading exchanges. Despite being less than $300 away from its all-time highs, Bitcoin experiences reduced investor interest, signaling a potential crash in the near term. Bitcoin trades at $70,568 after dropping from its 24-hour high of $72,902.
Uniswap integrates Venmo via MoonPay, allowing users to easily buy crypto with Venmo balances and streamline DeFi access. The post Uniswap users can now buy crypto using Venmo via MoonPay appeared first on Crypto Briefing.
Polkadot (DOT) has registered a substantial decline during the current session and is down over 2% as bearish sentiment continues to dominate the market.