Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»DOT price (Polkadot) surges 5% and is poised to surge to $6
EXCHANGE NEWS

DOT price (Polkadot) surges 5% and is poised to surge to $6

By Crypto FlexsDecember 3, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
DOT price (Polkadot) surges 5% and is poised to surge to
Share
Facebook Twitter LinkedIn Pinterest Email

Polkadot (DOT) is trending upwards above the $5.25 resistance level against the US dollar. The price may surge further to the $5.85 and $6.00 levels.

  • DOT is gaining speed above the $5.25 resistance zone against the US dollar.
  • The price is trading in the $5.30 area and above the 100 simple moving average (4-hours).
  • There is a major bearish trendline forming with resistance near $5.55 on the 4-hours chart of the DOT/USD pair (data source from Kraken).
  • The pair could gain bullish momentum if the closing price is above $5.55 and $5.60.

Polkadot price gains strength again.

After consolidating above the $5.00 support, DOT price began a significant rise. The price was able to clear the $5.20 and $5.25 resistance levels to move into positive territory like Bitcoin and Ethereum.

Polkadot cleared the 100 simple moving average (4-hours) and tested $5.60 resistance. A high was made near $5.58 and the price is now consolidating gains. This is up nearly 5% and shows signs of further gains in the coming sessions.

DOT price is currently trading in the $5.30 area and above the 100 simple moving average (4-hours). Immediate resistance is near the $5.55 level. There is also a major bearish trendline forming with resistance near $5.55 on the 4-hours chart of the DOT/USD pair.

DOT price (Polkadot) chart

Source: DOTUSD on TradingView.com

The next major resistance is near $5.60. A successful break above $5.60 could start another strong rally. If stated, the price could easily rise to $5.85 in the short term. The next major resistance appears near the $6.00 area.

Are dips supported in DOT?

If the DOT price fails to continue rising above $5.55 or $5.60, a downward correction could begin. The first major support is near the $5.35 level.

The next major support is near the $5.30 level or the 61.8% Fib retracement level of the upward move from the $5.11 swing low to the $5.58 high, below which the price may fall towards $5.10. Any further losses could open the door for a move towards $5.00 support.

technical indicators

4-Hour MACD – The MACD for DOT/USD is now gaining momentum in bullish territory.

4-Hour RSI (Relative Strength Index) – The RSI for DOT/USD is now above the 50 level.

Key support levels – $5.30, $5.10 and $5.00.

Key resistance levels – $5.55, $5.60, $6.00.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

If this happens, you can see a huge price of $ 1.9.

October 3, 2025

What is zero knowledge proof (ZKP)? The upcoming blockchain protocol is redefined for verified truths

September 30, 2025
Add A Comment

Comments are closed.

Recent Posts

Jiuzi Holdings, Inc. Announces Phased Rollout Of $1 Billion Cryptocurrency Acquisition Plan; First Bitcoin Purchase To Be Completed Within Two Weeks

October 8, 2025

Rome Launches Its Genesis NFT Collection “Imperia” On Magic Eden Launchpad

October 8, 2025

BNB price is less than $1,300 on Meme Season Buzz

October 8, 2025

Cryptocurrency trader, OTC fraud claims $ 1.4 million losses, guessing due to KUCOIN deposits

October 7, 2025

Meanwhile, Bitcoin Life Insurer, Secures $82M To Meet Soaring Demand For Inflation-Proof Savings

October 7, 2025

Pepeto Presale Exceeds $6.93 Million; Staking And Exchange Demo Released

October 7, 2025

Eightco Holdings Inc. ($ORBS) Digital Asset Treasury Launches “Chairman’s Message” Video Series

October 7, 2025

Zeta Network Group Enters Strategic Partnership With SOLV Foundation To Advance Bitcoin-Centric Finance

October 7, 2025

Saylor tells MRBAST to buy Bitcoin even after pause the BTC purchase.

October 7, 2025

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Jiuzi Holdings, Inc. Announces Phased Rollout Of $1 Billion Cryptocurrency Acquisition Plan; First Bitcoin Purchase To Be Completed Within Two Weeks

October 8, 2025

Rome Launches Its Genesis NFT Collection “Imperia” On Magic Eden Launchpad

October 8, 2025

BNB price is less than $1,300 on Meme Season Buzz

October 8, 2025
Most Popular

Discover the secrets to successful HunterCoin mining – The Defi Info

January 20, 2024

Free Casino Games Slot Machines: Enjoy a gambling adventure without investing a penny

March 31, 2024

ASIC appeals Federal Court ruling over Finder Wallet’s “earnings” product

April 11, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.