{"id":453435,"date":"2023-10-31T21:52:23","date_gmt":"2023-10-31T21:52:23","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=453435"},"modified":"2023-10-31T21:52:23","modified_gmt":"2023-10-31T21:52:23","slug":"polkadot-price-prediction-for-today-october-31-dot-technical-analysis","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/polkadot-price-prediction-for-today-october-31-dot-technical-analysis","title":{"rendered":"Polkadot Price Prediction for Today, October 31 \u2013 DOT Technical Analysis"},"content":{"rendered":"<p>The Polkadot price prediction reveals that DOT records a gain of 2.78%, as the coin approaches the $5.00 resistance level.<\/p>\n<h2>Polkadot Prediction Statistics Data:<\/h2>\n<ul>\n<li>Polkadot price now &ndash; $4.44<\/li>\n<li>Polkadot market cap &ndash; $5.75 billion<\/li>\n<li>Polkadot circulating supply &ndash; 1.30 billion<\/li>\n<li>Polkadot total supply &ndash; 1.37 billion<\/li>\n<li>Polkadot Coinmarketcap ranking &ndash; #14<\/li>\n<\/ul>\n<h2>DOT\/USD Market<\/h2>\n<p>Key Levels:<\/p>\n<p>Resistance levels: $5.00, $5.20, $5.40<\/p>\n<p>Support levels: $3.80, $3.60, $3.40<\/p>\n<figure id=\"attachment_453439\" aria-describedby=\"caption-attachment-453439\" style=\"width: 1059px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-453439 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/DOTUSD_16102023.png\" alt=\"Polkadot Price Prediction for Today, October 31 &ndash; DOT Technical Analysis\" width=\"1059\" height=\"551\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/DOTUSD_16102023.png 1059w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/DOTUSD_16102023-300x156.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/DOTUSD_16102023-1024x533.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/DOTUSD_16102023-768x400.png 768w\" sizes=\"(max-width: 1059px) 100vw, 1059px\"><figcaption id=\"caption-attachment-453439\" class=\"wp-caption-text\">DOTUSD &ndash; Daily Chart<\/figcaption><\/figure>\n<p><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-polkadot\">DOT\/USD<\/a> is trading above the 9-day and 21-day moving averages with a gain of 2.78%. According to the daily chart, the previous candle formations have been respecting upward movement but crossing below the moving averages may position the market price in a decline. Meanwhile, the closest support level is located at the $4.23 level while a north wave might see a high movement above the upper boundary of the channel.<\/p>\n<h2>Polkadot Price Prediction: Polkadot Price May Head to the North<\/h2>\n<p>The <a href=\"https:\/\/insidebitcoins.com\/news\/polkadot-price-prediction-for-today-december-9-dot-usd-price-may-go-below-5-0-support\">Polkadot price<\/a> is heading toward the upside, an increase above the channel could trigger intense buying to the resistance levels of $5.00, $5.20, and $5.40. On the contrary, the Polkadot price may need to hold the support level at $4.23 which is the current daily low. But, if the Polkadot price drops below this support level, it may likely hit another support at $4.00.<\/p>\n<p>Meanwhile, if the selling volume steps into the market, it could dip to the support levels of $3.80, $3.60, and $3.40. Moreover, the 9-day moving average is above the 21-day moving average which reveals that the market could face the north.<\/p>\n<h2>DOT\/BTC Begins the Bullish Movement<\/h2>\n<p>Against Bitcoin, the <a href=\"https:\/\/insidebitcoins.com\/visit\/etoro-news\" rel=\"nofollow\">Polkadot<\/a> price is likely to cross above the 21-day moving average to continue the bullish movement within the channel. From the upside, the potential resistance level could be located at 1450 SAT and above as bulls dominate the market.<\/p>\n<figure id=\"attachment_453438\" aria-describedby=\"caption-attachment-453438\" style=\"width: 1059px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-453438 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/DOTBTC_16102023.png\" alt=\"Polkadot Price Prediction for Today, October 31 &ndash; DOT Technical Analysis\" width=\"1059\" height=\"551\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/DOTBTC_16102023.png 1059w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/DOTBTC_16102023-300x156.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/DOTBTC_16102023-1024x533.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/DOTBTC_16102023-768x400.png 768w\" sizes=\"(max-width: 1059px) 100vw, 1059px\"><figcaption id=\"caption-attachment-453438\" class=\"wp-caption-text\">DOTBTC &ndash; Daily Chart<\/figcaption><\/figure>\n<p>However, looking at the downside; the nearest level of support could be found at 1200 SAT, if the price drops further to create a new low, lower support could be found at 1130 SAT and below. Meanwhile, the 9-day MA is likely to cross above the 21-day MA, which means that the market may begin to follow the upward movement.<\/p>\n<h2>Alternatives to Polkadot<\/h2>\n<p>The Polkadot price has been facing the upside since the beginning of the European session, the coin is hovering above the 9-day and 21-day moving averages which could touch another resistance level of $4.80. However, DOT\/USD may cross above the upper boundary of the channel if the buyers increase the buying pressure.<\/p>\n<p>Nevertheless, <a href=\"https:\/\/insidebitcoins.com\/visit\/bitcoinminetrix\" rel=\"nofollow\">$BTCMTX<\/a> has the solution you&rsquo;ve been eagerly anticipating and this could be done by obtaining and staking BTCMTX tokens. However, investors can gain access to cloud mining credits as this decentralized method prioritizes the security and transparency of your investments. Meanwhile, the ongoing presale has already raised more than $2.80 million, so investors are encouraged to buy the token now.<\/p>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">New Crypto Mining Platform - Bitcoin Minetrix<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/09\/bitcoin-minetrix.svg\" alt=\"Bitcoin Minetrix\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Audited By Coinsult<\/li>\n                                                                                                    <li>Decentralized, Secure Cloud Mining<\/li>\n                                                                                                    <li>Earn Free Bitcoin Daily<\/li>\n                                                                                                    <li>Native Token On Presale Now - BTCMTX<\/li>\n                                                                                                    <li>Staking Rewards - Over 50% APY<\/li>\n                                                                                            <\/ul><!--\/.inContentProviderSingle--lis-->\n                                                                            <\/div>\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img float-right\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/09\/bitcoin-minetrix.svg\" alt=\"Bitcoin Minetrix\" width=\"125\" height=\"60\">\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <div class=\"col-12 text-center\">\n                                        <div class=\"inContentProviderSingle--button\">\n                                                                                        <a href=\"https:\/\/insidebitcoins.com\/visit\/bitcoinminetrix\" title=\"Start Trading\" rel=\"nofollow\">Learn More<\/a>\n                                        <\/div>\n                                        <div class=\"inContentProviderSingle--disclaimerText\">\n                                                                                    <\/div>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                            <\/div><!--\/.container-->\n                        <\/div><!--\/.inContentProviderSingle--wrapper-->\n                    <\/div><!--\/.inContentProvider--single-->\n                            \n            \n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">The Polkadot price prediction reveals that DOT records a gain of 2.78%, as the coin approaches the $5.00 resistance level. Polkadot Prediction Statistics Data: Polkadot <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/in-content-providers\/bitcoin-minetrix\" title=\"Bitcoin Minetrix\">[&#8230;]<\/a><\/div>","protected":false},"author":1742,"featured_media":453436,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[11431,12622,9135,7992],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.0 (Yoast SEO v22.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Polkadot Price Prediction for Today, October 31 \u2013 DOT Technical Analysis<\/title>\n<meta name=\"description\" content=\"The Polkadot price prediction reveals that DOT records a gain of 2.78%, as the coin approaches the $5.00 resistance level.\" \/>\n<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/453435\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Polkadot Price Prediction for Today, October 31 \u2013 DOT Technical Analysis\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-31T21:52:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/polkadot-logo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2500\" \/>\n\t<meta property=\"og:image:height\" content=\"2500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Azeez Mustapha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ItuGlobal\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Azeez Mustapha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/453435#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/453435\"},\"author\":{\"name\":\"Azeez Mustapha\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8\"},\"headline\":\"Polkadot Price Prediction for Today, October 31 \u2013 DOT Technical Analysis\",\"datePublished\":\"2023-10-31T21:52:23+00:00\",\"dateModified\":\"2023-10-31T21:52:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/453435\"},\"wordCount\":481,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"keywords\":[\"DOT\",\"DOTUSD\",\"Polkadot\",\"Technical Analysis\"],\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/453435#respond\"]}],\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/453435#primaryimage\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/453435\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/453435\",\"name\":\"Polkadot Price Prediction for Today, October 31 \u2013 DOT Technical Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"datePublished\":\"2023-10-31T21:52:23+00:00\",\"dateModified\":\"2023-10-31T21:52:23+00:00\",\"description\":\"The Polkadot price prediction reveals that DOT records a gain of 2.78%, as the coin approaches the $5.00 resistance level.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/453435\"]}],\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/453435#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/453435#primaryimage\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebitcoins.com\/#website\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"name\":\"InsideBitcoins.com\",\"description\":\"Search &amp; 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He has broad experience in forex trading, coaching, and funds management. Azeez provides daily articles covering the price movements of major cryptocurrencies, and has contributed to a range of respected publications and trading magazines. 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