Source: CryptoNewsNet
Original Title: Polkadot’s DOT dips, with token underperforming wider crypto markets
Original Link:
DOT fell 2% to $1.84 over the last 24 hours.
Trading volumes were 7.8% above the seven-day moving average at 7.76 million tokens, according to technical analysis data.
The move in DOT occurred without clear fundamental catalysts as technical factors dominated price action.
The token underperformed the broader crypto market. The major crypto index was 0.6% lower at the time of analysis.
This modest divergence reflects sector rotation dynamics rather than fundamental weakness in Polkadot’s positioning.
In the absence of clear fundamental drivers, technical resistance at $1.88 became paramount, as DOT worked through a volatile consolidation pattern.
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Polkadot's DOT Dips, Underperforming Broader Crypto Markets
Source: CryptoNewsNet Original Title: Polkadot’s DOT dips, with token underperforming wider crypto markets Original Link: DOT fell 2% to $1.84 over the last 24 hours.
Trading volumes were 7.8% above the seven-day moving average at 7.76 million tokens, according to technical analysis data.
The move in DOT occurred without clear fundamental catalysts as technical factors dominated price action.
The token underperformed the broader crypto market. The major crypto index was 0.6% lower at the time of analysis.
This modest divergence reflects sector rotation dynamics rather than fundamental weakness in Polkadot’s positioning.
In the absence of clear fundamental drivers, technical resistance at $1.88 became paramount, as DOT worked through a volatile consolidation pattern.