• DOT has bounced 55% from October’s yearly low in a remarkable recovery, and is now eyeing the $6.00 milestone.
• DOT’s RSI and trading volume signal growing momentum, but MACD hints at potential bearish turbulence.
• Polkadot ventures into traditional finance with a $1 million investment in U.S. treasury bills, bridging blockchain and conventional systems.

Polkadot’s native cryptocurrency, DOT, has recently witnessed a significant surge, exceeding market expectations. Over the past 24 hours, DOT has seen an increase of more than 6%, reaching trading levels around $5.50, the highest in the last week. 

According to CoinStats, DOT was trading at $5.46 at press time, a 5.72% increase from its intraday low of $5.16. DOT’s market capitalization increased by 2.12% to $6,832,394,520, demonstrating investor optimism.

This rise represents a substantial recovery from its previous low October low of $3.50, marking an increase of over 55%. Overall, current market trends suggest a strong bullish sentiment, as traders target the $6.00 benchmark.

The post Polkadot (DOT) Hits 7-Day High as Bulls Aim to Break Resistance appeared first on Coin Edition.

• DOT has bounced 55% from October’s yearly low in a remarkable recovery, and is now eyeing the $6.00 milestone.
• DOT’s RSI and trading volume signal growing momentum, but MACD hints at potential bearish turbulence.
• Polkadot ventures into traditional finance with a $1 million investment in U.S. treasury bills, bridging blockchain and conventional systems.

Polkadot’s native cryptocurrency, DOT, has recently witnessed a significant surge, exceeding market expectations. Over the past 24 hours, DOT has seen an increase of more than 6%, reaching trading levels around $5.50, the highest in the last week. 

According to CoinStats, DOT was trading at $5.46 at press time, a 5.72% increase from its intraday low of $5.16. DOT’s market capitalization increased by 2.12% to $6,832,394,520, demonstrating investor optimism.

This rise represents a substantial recovery from its previous low October low of $3.50, marking an increase of over 55%. Overall, current market trends suggest a strong bullish sentiment, as traders target the $6.00 benchmark.

The post Polkadot (DOT) Hits 7-Day High as Bulls Aim to Break Resistance appeared first on Coin Edition.