How Polkadot buyers can navigate DOT’s price downturn

Quick Summary:

The recent downturn from this resistance has put DOT at risk of further downside, mainly as it hovered around key support levels.

If DOT closes below the $3.9 support level, the coin could be exposed to further losses, potentially retesting the multi-year low range of $3.5-$3.6.

As the near-term EMAs continued to look south, the coin’s near-term tendencies depicted increasing selling pressure.

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Article Details

Author / Journalist: Yash Majithia

Category: Crypto

Markets: United States

Topics: News 1 Social Analysis Trading View News Altcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-11 @ 10:00:35 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 469 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 22995089

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 23 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

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