The Polkadot point fell 4% in the last 24 hours, falling to $ 3.75 dragged the decrease in BA in the broader cryptographic market.
The token negotiation range was $ 0.15, which marked a 4%volatility peak, according to the technical analysis model of Coindesk Research.
The resistance remained firm at $ 3.90, while DOT fell by the support level of $ 3.80. The technical structure has quickly deteriorated with a series of recovery attempts, according to the model.
The largest cryptographic market also fell, with the broader market meter, Coindesk 20, losing 2.7%.
In recent trade, Polkadot was 3.6% lower in 24 hours, quoting around $ 3.75.
Technical analysis:
- The resistance to $ 3.90 is maintained through multiple tests.
- The support breakdown at $ 3.80 triggers 2.21 million spike volume.
- The negotiation range of $ 0.15 represents a 4% volatility between $ 3.90 and $ 3.75.
- It arises in volume at 14:06 UTC hits 380,614 units during price collapse.
- Recovery attempts fail above the threshold of $ 3.75 repeatedly.
- The rebound failures confirm the sale sustained in all deadlines.
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