Polkadot's Sudden Plunge: What Happened?
Update: 2025-12-12
Description
Polkadots DOT token plummeted from $2.09 to $1.97 in a single trading session, erasing recent gains. The sudden drop, occurring on unusually high trading volume, indicates strong selling pressure. The tokens key support level at $2.05 was breached, and a new psychological support level of $1.95 has emerged. The broader cryptocurrency market also experienced a slight decline, adding to the pressure on DOT. A recovery would require DOT to regain the $2.00 resistance level with significant trading volume.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
