Polkadot’s DOT Price Drops Over 3% Amid Market Decline
Polkadot's DOT declined over 3% in the last 24 hours, falling from $4.09 to $3.96. The broader crypto market also experienced a downturn, with the Coindesk 20 index down 1.2%. Currently, DOT trades around $3.95.
- Price decreased more than 3% from $4.09 to $3.96.
- Support levels established around $3.91-$3.93.
- Resistance zone identified between $4.03-$4.07.
- Volume spiked to 3.97 million at 00:00 UTC, exceeding the 2.26 million average.
- Critical support break occurred at the $4.02 level.
- Diminished volume in final minutes suggests selling exhaustion.
The Tie hosted a webinar discussing real-world use cases for the Polkadot blockchain.