Polkadot is down to $7.51, after ending today at $7.56. Overall, a 0.61% loss or $0.046 today.
Technical analysis trend indicators suggest that investors are seeking long positions as Polkadot price action surged above +100 — a key CCI threshold indicating an imminent bullish trend. Analysis based on the asset volatility indicates that Polkadot's upper Bollinger Band® is at $7.68 which indicates a further downward move may follow.
Overall, while Polkadot has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.
In the meantime, negative performances are also seen in other markets, UNICORN Token USD closed at $6.43 (down 2.98%).
Positive performances can be seen by looking at other markets as FTX Token gained 9.54% and is now trading at $1.36.
Polkadot has fallen back around 72.53% over the past 10 months, from a notable high of $27.51. Polkadot is currently trading with a market cap of 8.70 billion with an average daily volume of 238.83 million.