Markets· ★★· neutral·

Polkadot's DOT Rises 6.81% to $1.18, but MACD Stays Bearish

  • —DOT trades at $1.18 versus a $1.10 open and $1.14 prior close
  • —Price sits above the 30-, 50-, 90- and 200-day SMAs; RSI at neutral 52.5
  • —Daily volume of $181.8 million is 2.02% below the 30-day average
  • —DOT is down 60.9% over the year and 97.84% from its all-time high
Why it matters: Without volume confirmation or a clear catalyst, the move looks like a rebound that needs a close above $1.20 to hold.
Source: DiarioBitcoin