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However, Dogecoin was above its near-term EMAs. On the other hand, But its bulls had to make sure the RSI was in balance for it to keep going up in the next few days.
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Polkadot has now established a number of parachains that are connected to the company's blockchain network. Each parachain functions on top of the Polkadot network, much like a blockchain and cryptocurrency.
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There has been no discernible trend in the crypto market in the last several days.
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Polkadot is unable to maintain its position above critical support, causing DOT to fall 10%.
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After tumbling fiercely and declining since November 2021, the polkadot price has finally found a stable support level to rest on. A retest of this level is expected to result in a sharp bounce, which will set off a new uptrend in a short period of time.
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Polkadot's rising wedge was coming to an end after two weeks of sluggish price action.
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Polkadot has been holding steady since beginning an uptrend in late September. With an 80 percent increase in the last 30 days, DOT only needed an additional 17 percent increase to reach its May ATH.
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Gavid Wood recently stated that the DOT treasury currently has 18.9 million tokens (equal to $836.9 million at press time) available to spend on ecosystem development.
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'Wonder Woman 1984' has lassoed its first — mostly positive — reactions from critics.