Polkadot (DOT)

$DOT SL at BE, smaller position size https://t.co/wADUx0kvNs

$DOT The price has now reached the 100% extension level at $0.75, which is an important support level. I am watching for a reaction. https://t.co/lISJbg1A4v

I haven't been following Polkaschrott fundamentals for years 😅 so it's better to research it yourself (as always). But chart-wise? 🤔 For over 1,500 days now, #Polkadot has been stuck in a sideways to downtrend phase and recently even marked a new all-time low. In a healthy accumulation phase, similar to what we have seen with HBAR or XRP for about 900 days, typically no new ATLs are formed. Instead, the existing supply is repeatedly bought back until, with decreasing supply and increasing demand, the real upward discharge occurs. If #Polkadot does not fail fundamentally or disappear from the market, I consider a similar development possible here as well. After such a long weakness phase, a massive green impulse candle would not be a surprise from a chart perspective. 📈

NEW: Polkadot records sharp jump in daily transactions The network saw volume increase from single digits to nearly 1,000 in 24 hours https://t.co/jzFhAZ7UeZ

DAOs shutting down means less transparency into crypto companies’ finances. \n\nIt was DAO post on Polkadot forum that exposed their huge marketing budget and which KOLs received it. \n\nBut with DAOs closing and core teams taking more control we will likely get less insight into companies. \n\nObviously if regulation doesn’t force it. Not sure if it forces them to do so now?

Today is an ideal low date for $DOT and $ETH

Describe this chart in one word. 🤭 #Polkadot $DOT https://t.co/L4vboAAemS

We might as well add Polkadot's polkadot:native and Cosmos's cosmos:native to our list of dead coins. Note: We’re not basing this solely on price action, as that would be lazy. Instead, we’re evaluating the prevailing narrative, how well the project plays its role within that narrative, and technical analysis (TA) together. We’re also not saying these coins can’t go up. In fact, we believe they almost certainly will. The “no more ATHs” view isn’t absolute! What we’re saying is that it’s no longer logical to expect them to reach new all-time highs.

When you see that DOT has fallen below $0.80 but you no longer want to buy and prefer to live your life.😂 https://t.co/Q8gufe1tTy

$DOT let's see what the weekend brings https://t.co/Bdb4iW3mfX