Polkadot Price Prediction for Today, July 22: DOT Price Remains Below $8 ByAzeez MustaphaPRO INVESTOR Updated: 22 July 2022 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage The Polkadot price prediction shows that DOT faces the south and it may likely touch the nearest support level of $7. Polkadot Prediction Statistics Data: Polkadot price now – $7.27 Polkadot market cap – $7.1 billion Polkadot circulating supply – 987.5 million Polkadot total supply – 1.1 billion Polkadot Coinmarketcap ranking – #12 DOT/USD Market Key Levels: Resistance levels: $12, $13, $14 Support levels: $4, $3, $2 Buy Polkadot Now DOT/USD keeps ranging as the coin heads to the downside. At the time of writing, the Polkadot price is likely to slide below the 9-day and 21-day moving averages if the bears increase the pressure. However, the technical indicator Relative Strength Index (14) is also moving to cross below 50-level as the signal line heads to the south. Polkadot Price Prediction: Polkadot Could Gain More Downsides As seen on the daily chart, the Polkadot price may continue to face the downtrend as soon as the coin crosses below the 9-day and 21-day moving averages. The best the bulls can do is to defend the support at $7 and begin to push the price towards the upper boundary of the channel. However, DOT/USD is likely to make an effort to push the price back to the upside, and it is also looking forward to reclaiming the ground past $8 in the next positive direction. Nevertheless, with an increase in buying pressure, the Polkadot price may break above the channel to hit the $8 resistance. While trading at this level, a bullish continuation could reach the resistance levels of $12, $13, and $14 respectively. However, if the coin begins to follow the negative side, a bearish movement could bring the price to the support levels of $4, $3, and $2. Against Bitcoin, the Polkadot price stays below the 9-day and 21-day moving averages as the price heads to the negative side. According to the chart, the trend may likely follow the downtrend if the buyers failed to push the price above the upper boundary of the channel. DOTBTC – Daily Chart The technical indicator Relative Strength Index (14) moves above the 40-level, any bearish move below this barrier could lower the price to the support level of 2500 SAT and below. On the contrary, the market price may begin an upward trend which could push the coin to hit the resistance level of 4200 SAT and above. AiDoge - New Meme to Earn Crypto Our Rating Earn Crypto For Internet Memes First Presale Stage Open Now, CertiK Audited Generate Memes with AI Text Prompts Staking Rewards, Voting, Creator Benefits Join Presale Read more: How to buy Polkadot Join Our Telegram channel to stay up to date on breaking news coverage