Polkadot cryptocurrency trades up $0.119, approximately 1.95% higher this morning

After closing the previous trading day at $6.1, Polkadot is up to $6.22, which makes for a move of 1.95%/$0.119 today.

Polkadot's upper Bollinger Band® is at $7, this is a slight indication of a slowdown.

After posting consistent gains as part of its uptrend and being lifted by intraday sentiment, technical factors suggest Polkadot is set for a reversal in the coming days.

Polkadot shows positive signs, other assets are also on par: having closed the previous session at $1.24, FTX Token is up 9.54% today to currently trade at around $1.36. Bitcoin gained 3.2% and is now trading at $25,822. Having closed the previous session at $79, Litecoin is up 2.86% today to currently trade at around $81.26.

Over the past 11 months, Polkadot has retreated 77.82% from a noteworthy peak of $27.51. Polkadot has a market cap of 7.26 billion with an average daily volume of 268.58 million.