Polkadot Price Prediction for Today, July 24: DOT Keeps Range Moves ByAzeez MustaphaPRO INVESTOR Updated: 25 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 Polkadot Price Prediction – July 24The Polkadot market price keeps range moves within $5 and $10 value lines, running for several weeks until now. Price is trading at a positive percentage rate of 1.23, around $7 as of writing.Polkadot (DOT) Statistics:DOT price now – $7.42DOT market cap – $7.3 billionDOT circulating supply – 987.6 million DOT total supply – 1.1 billionCoinmarketcap ranking – #12DOT/USD Market Key Levels: Resistance levels: $10, $12, $14Support levels: $5, $4, $3GMT/USD – Daily Chart The DOT/USD daily chart reveals the crypto-economic market keeps range moves within the $5 and the $10 value lines as horizontal lines drew to mark the points. The 14-day SMA indicator is underneath the 50-day SMA. And they are at $7.32 and $10.35 in different value lines, respectively. The Stochastic Oscillators have briefly crossed southbound from the overbought region against the range of 80. Buy Polkadot Now Is it worthy of trading in the DOT/USD current manner of range-bound trading style? The DOT/USD current manner of range-bound trading style has somewhat been hard to observe a clear-cut position entry as the crypto’s price keeps range moves within $5 and $10 value lines going for some weeks now. However, smaller time frames such as 1-hour and 4-hour may be instrumental in what price tends to do in the following few hours from a particular trading spot at a given time.On the downside of the technical analysis, the DOT/USD market bears may have the advantage of pushing the price down from the area of trading close underneath the trend line of the 50-day SMA as it maintains a $10.35 resistance value point. A sudden fearful breakout at this point seems unrealistic in the present outlook. If it does happen, it will most likely allow short-position placers to get settled to start looking for a higher-resistance level that can give back to a correction to push back into a downward=trending motion afterward. DOT/BTC Price Analysis In comparison, Polkadot is relatively down against the trending capacity of Bitcoin in definite range-bound zones. As of writing, the cryptocurrency pair price keeps range moves within the upper and the lower horizontal lines drawn. The 50-day SMA indicator aligns with the upper horizontal line above the 14-day SMA indicator, which features between the range-bound spots. The Stochastic Oscillators have crossed southbound from the range of 80 down to the 40 range, seemingly trying to cross northbound. That indicates the base crypto is somewhat struggling not to give a damn to its counter-trading crypto.. Battle Infinity - New Metaverse Game Our Rating Listed on PancakeSwap, LBank, Coin98 First Fantasy Sports NFT Game Play to Earn Utility - IBAT Token Powered By Unreal Engine CoinSniper Verified, Solid Proof Audited Roadmap & Whitepaper at battleinfinity.io Visit Site Read more: How to buy Polkadot How to buy cryptocurrency Join Our Telegram channel to stay up to date on breaking news coverage