Polkadot was one of Tuesday’s biggest movers, as the token dropped to a six-week low in today’s session. Prices fell for a long-term support point of $5.60, as the global crypto market cap was once again 1% lower today. Avalanche also hit a price floor on Tuesday.
Polkadot (DOT)
Polkadot (DOT) was down for a second straight session on Tuesday, as sentiment in cryptocurrency markets remained bearish.
DOT/USD dropped to a low of $5.61 earlier in the day, which comes less than 24 hours after trading at a high of $5.82.
As a result of the move, polkadot slipped to its weakest point since March 12, when price was trading at $5.47.
Today’s decline saw DOT near a floor at $5.60, with bulls so far rejecting a breakout below this point.
At the time of writing, the token is trading at $5.68, which comes as the relative strength index (RSI) jumped from a floor of its own.
The index rebounded from a floor at 36.00, and as of writing, is tracking at 37.52.
Avalanche (AVAX)
In addition to DOT,
We współpracy z: https://news.bitcoin.com/biggest-movers-dot-drops-to-6-week-low-on-tuesday/
