Polkadot (DOT) receives a bearish rating from InvestorsObserver Friday. The crypto market is down 7.55% to $ 25.1 while the broader crypto market is down 3.25%.
Polkadot has a bearish sentiment score. Find out what that means to you and get the rest of the leaderboards on Polkadot!
For the past five days, Polkadot has received a bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Polkadot over the last five days according to volume and price movement.
The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors looking to buy the dip.
Polkadot is currently trading near its five-day low of 24.3715343475342. The crypto is 16.40% below its five-day high and 2.99% above its five-day low of $ 24.37.
The Polkadot Prize is currently below support. With support at $ 26.02 and resistance at $ 28.04, Polkadot may be in a volatile area as the sell pushes the price of the cryptocurrency below the recent support.
Polkadot has been trading small volume lately. This means that today’s volume is below the average volume for the last seven days.
What is a coin
A coin is a cryptocurrency that exists on its own blockchain. These are usually used for payments. Depending on the cryptocurrency, the intended use of these payments can vary from general use in the “digital money” subclass to a more specific use in a few other subclasses.
Due to a lack of data, this crypto may be less suitable for some investors.
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