NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing

Charted: Polkadot (DOT) Surges 20%, Why It Could Soon Test $25

Aayush Jindal
Aayush Jindal
1 year ago
2 mins read
Polkadot (DOT)

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Polkadot’s DOT started a strong surge and cleared $20.00 against the US Dollar. It is trading with a strong bullish angle and it is likely to accelerate higher towards $24.00 or $25.00.

  • DOT rallied above $18.80 and $20.00 resistance levels against the US dollar.
  • The price is trading nicely above the $20.00 support and he 100 simple moving average (4-hours).
  • There was a break above a major contracting triangle with resistance near $16.50 on the 4-hours chart of the DOT/USD pair (data source from Kraken).
  • The pair remains in a strong uptrend and it could rise further above $22.00 and $23.20.

Polkadot’s DOT Settles Above $20

After forming a support base above $14.50, DOT started a fresh rally. There was a strong bullish momentum and the price broke many important hurdles near $16.50.

There was also a break above a major contracting triangle with resistance near $16.50 on the 4-hours chart of the DOT/USD pair. It opened the doors for a larger increase and the price cleared the range resistance near the $19.00 level.

The bulls even pumped the price above the $20.00 level and it settled well above the 100 simple moving average (4-hours). A new monthly high is formed near $21.80 and the price is currently consolidating.

Polkadot (DOT)

Source: DOTUSD on TradingView.com

An initial support on the downside is near the $20.40 level. It is close to the 23.6% Fib retracement level of the recent increase from the $15.72 swing low to $21.80 high. On the upside, the $21.80 and $22.00 levels are initial hurdles. A clear break above the $22.00 level will most likely open the doors for a surge towards the $23.20 and $24.00 levels. The next key resistance could be $25.00.

Dips Supported?

If DOT price fails to continue higher above $21.80 or $22.00, there could be a short-term downside correction. The first key support is near the $20.40 and $20.20 levels.

The next major support is near the $19.00 level (the previous range resistance zone). It is also close to the 50% Fib retracement level of the recent increase from the $15.72 swing low to $21.80 high. Any more losses may possibly call for a drop towards the $17.20 level.

Technical Indicators

4-Hours MACD – The MACD for DOT/USD is gaining momentum in the bullish zone.

4-Hours RSI (Relative Strength Index) – The RSI for DOT/USD is still above the 60 level.

Major Support Levels – $20.40, $20.20 and $19.00.

Major Resistance Levels – $21.80, $22.00 and $24.00.

Tweet123Share196ShareSend
Aayush Jindal
Aayush Jindal

Aayush Jindal

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

Read more

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Crypto news Jerome Powell firing

Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing

A single-word reply on X from Rep. Anna Paulina Luna (R‑FL) — “Confirmed” — rocketed through the crypto markets early Wednesday, convincing a...

Jake Simmons 1 hour ago
비트코인 하이퍼, 프리세일서 250만 달러 유치… BTC 레이어 2모멘텀 가속

비트코인 하이퍼, 프리세일서 250만 달러 유치… BTC 레이어 2모멘텀 가속

비트코인이 12만 달러를 돌파하며 투자 심리 회복을 강하게 시사하고 있다. 자본이 비트코인을 넘어 알트코인으로 이동하면서 알트코인에 대한 관심도 급증하고 있다. 특히 상승장에 폭발...

Soyeon Lee 1 hour ago

Google AI預測2025年山寨幣千倍幣:XRP、Pi幣與Snorter強勢爆發

在2025年夏季,比特幣成功突破12.2萬美元歷史高點之後,加密貨幣市場再次迎來熱潮,而山寨幣則成為這波資金輪動中的關鍵焦點。Google人工智慧平台Gemini近日發佈的最新預測報告中指出,多種特定...

Mark Mak 7 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Mercado Bitcoin doubles down on RWA, experts discuss what this means for the future of tokenized finance

NewsBTC 13 minutes ago
Bitcoin má nové ATH.

Bitcoin překonává hranici 120 000 dolarů, jaké coiny s ním rostou nejvíce?

Lenka Hanzlíková 24 minutes ago
Altcoins, alt season, crypto, Tron, SUI, Polygon

SUI Eyes 140% Move As Price Reclaims $4 – New ATH Imminent?

Rubmar Garcia 1 hour ago

Premium Sponsors

Press Releases

  • Beyond Traditional Yield Farming: Sensi Finance Delivers...

    3 minutes ago
  • e 3 coiny poniżej 1 dolara mogą zamienić 200 dolarów w...

    11 hours ago
  • ミームコインの価格急騰が続く中、注目の仮想通貨プレセールが50万ドルを突破し、次の100倍コインになる可能性がある。

    ...

    17 hours ago
  • 仮想通貨おすすめ|ビットコイン強気派の一休み中に買うべき銘柄

    ...

    17 hours ago
  • 2025年注目の新しい仮想通貨|Solana発 次世代ミームコインが投資家の期待を集める

    2025年注目の新しい仮想通貨|Solana発...

    17 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.