Polkadot is down by $0.024 (-0.36%); currently trading around $6.61

Polkadot is down to $6.61, after ending today at $6.63. Overall, a 0.36% loss or $0.024 today.

Polkadot's upper Bollinger Band® is at $7.04 which indicates a further downward move may follow.

Following today's unexpected losses, extensive multifactorial technical analysis forecasts Polkadot to buck against its prevailing uptrend and begin to dip lower in the short term. With all probabilities considered, the Polkadot is expected to attract significant bearish sentiment in the coming days.

In the meantime, negative performances are also seen in other markets, TRON is down $0.001 from the beginning of the session and now trades around $0.067.

Positive performances can be seen by looking at other markets as FTX Token gained 9.54% and is now trading at $1.36. Having closed the previous session at $339.14, Binance Coin is up 0.99% today to currently trade at around $342.5.

11 months ago Polkadot reached a significant high of $27.51 but has consequently lost 75.88% since then. Polkadot is currently trading with a market cap of 7.72 billion with an average daily volume of 268.58 million.