{"id":468316,"date":"2023-12-27T11:04:00","date_gmt":"2023-12-27T11:04:00","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=468316"},"modified":"2023-12-27T11:04:00","modified_gmt":"2023-12-27T11:04:00","slug":"polkadot-price-prediction-for-today-december-27-dot-technical-analysis","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/polkadot-price-prediction-for-today-december-27-dot-technical-analysis","title":{"rendered":"Polkadot Price Prediction for Today, December 27 &#8211; DOT Technical Analysis"},"content":{"rendered":"<p>The Polkadot price prediction is moving with an uptrend, and traders could expect an early arrival of a price rally.<\/p>\n<h2>Polkadot Prediction Statistics Data:<\/h2>\n<ul>\n<li>Polkadot price now &ndash; $9.15<\/li>\n<li>Polkadot market cap &ndash; $11.3 billion<\/li>\n<li>Polkadot circulating supply &ndash; 1.26 billion<\/li>\n<li>Polkadot total supply &ndash; 1.39 billion<\/li>\n<li>Polkadot Coinmarketcap ranking &ndash; #11<\/li>\n<\/ul>\n<h2>DOT\/USD Market<\/h2>\n<p>Key Levels:<\/p>\n<p>Resistance levels: $11.0, $11.5, $12.0<\/p>\n<p>Support levels: $7.0, $6.5, $6.0<\/p>\n<figure id=\"attachment_468324\" aria-describedby=\"caption-attachment-468324\" style=\"width: 1401px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-468324 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/DOTUSD_15122023.png\" alt=\"Polkadot Price Prediction for Today, December 27 - DOT Technical Analysis\" width=\"1401\" height=\"744\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/DOTUSD_15122023.png 1401w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/DOTUSD_15122023-300x159.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/DOTUSD_15122023-1024x544.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/DOTUSD_15122023-768x408.png 768w\" sizes=\"(max-width: 1401px) 100vw, 1401px\"><figcaption id=\"caption-attachment-468324\" 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 currently dealing with the bulls as the coin remains above the 9-day and 21-day moving averages. The Polkadot price has always sought to increase as the bulls increase the pressure. However, the crypto market is following the upward movement, and the market may likely create more gains soon.<\/p>\n<h2>Polkadot Price Prediction: DOT Could Gain More Upwards<\/h2>\n<p>At the time of writing, the <a href=\"https:\/\/insidebitcoins.com\/news\/polkadot-price-prediction-for-today-december-12-dot-technical-analysis\">Polkadot price<\/a> continues to hold strong at $9.15, and it&rsquo;s possible that if the support of $8.50 is tested, it&rsquo;s likely to break to the downside. However, if DOT\/USD slides below the 9-day and 21-day moving averages, the traders can expect the price to break beneath it at some point, and the critical support levels of $7.0, $6.5, and $6.0 may be tested.<\/p>\n<p>For now, the price is hovering around $9.15 with strong bullish momentum supported by positive technical levels. The resistance levels are located at $7.0, $6.5, and $6.0 as the 9-day moving average keeps hovering above the 21-day moving average to increase the bullish movement.<\/p>\n<h2>DOT\/BTC May Break to the Upside<\/h2>\n<p>Against Bitcoin, the <a href=\"https:\/\/insidebitcoins.com\/visit\/etoro-news\" rel=\"nofollow\">Polkadot<\/a> price has been slowly grinding higher. The market price is likely to cross above the upper boundary of the channel. The coin is now contained within the channel as traders wait for more bullish movement which could hopefully push the market higher.<\/p>\n<figure id=\"attachment_468322\" aria-describedby=\"caption-attachment-468322\" style=\"width: 1401px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-468322 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/DOTBTC_15122023.png\" alt=\"Polkadot Price Prediction for Today, December 27 - DOT Technical Analysis\" width=\"1401\" height=\"744\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/DOTBTC_15122023.png 1401w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/DOTBTC_15122023-300x159.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/DOTBTC_15122023-1024x544.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/DOTBTC_15122023-768x408.png 768w\" sizes=\"(max-width: 1401px) 100vw, 1401px\"><figcaption id=\"caption-attachment-468322\" class=\"wp-caption-text\">DOTBTC &ndash; Daily Chart<\/figcaption><\/figure>\n<p>Moreover, if the bulls can break out above the channel, traders can expect initial resistance at 2300 SAT. Above this, higher resistance could be located at 2500 SAT and above. From the downside, if the sellers bring the market beneath the 21-day moving average, traders can expect critical support at 1700 SAT and below.<\/p>\n<h2>Polkadot Alternatives<\/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 $10.0. However, the Polkadot price may cross above the upper boundary of the channel if the buyers increase the buying pressure.<\/p>\n<p>However, the Polkadot (DOT) is facing challenges for quick gains due to its $11.4 billion market cap, while <a href=\"https:\/\/insidebitcoins.com\/visit\/bitcoinminetrix\" rel=\"nofollow\">Bitcoin Minetrix<\/a>, with a smaller market cap, holds substantial growth potential, particularly in mining. $BTCMTX has the solution you&rsquo;ve been eagerly anticipating, and this could be done by obtaining and staking BTCMTX tokens. Meanwhile, the ongoing presale has already raised more than $6.2 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 is moving with an uptrend, and traders could expect an early arrival of a price rally. 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":468319,"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, December 27 - DOT Technical Analysis<\/title>\n<meta name=\"description\" content=\"The Polkadot price prediction is moving with an uptrend, and traders could expect an early arrival of a price rally.\" \/>\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\/468316\" \/>\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, December 27 - DOT Technical Analysis\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-27T11:04:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/polkadot-logo-2.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\/468316#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/468316\"},\"author\":{\"name\":\"Azeez Mustapha\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8\"},\"headline\":\"Polkadot Price Prediction for Today, December 27 &#8211; 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Find his other published work on Learn2.trade, and CryptoSignals.org.","sameAs":["https:\/\/www.linkedin.com\/in\/azeez-mustapha-0825565b\/","https:\/\/twitter.com\/ItuGlobal"],"url":"https:\/\/insidebitcoins.com\/news\/author\/azeezmustaph"}]}},"modified_by":"Azeez Mustapha","_links":{"self":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/468316"}],"collection":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/users\/1742"}],"replies":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/comments?post=468316"}],"version-history":[{"count":1,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/468316\/revisions"}],"predecessor-version":[{"id":468326,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/468316\/revisions\/468326"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media\/468319"}],"wp:attachment":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media?parent=468316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/categories?post=468316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/tags?post=468316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}