{"id":527752,"date":"2023-04-20T15:00:53","date_gmt":"2023-04-20T15:00:53","guid":{"rendered":"https:\/\/wncen.com\/?p=527752"},"modified":"2024-06-11T14:35:36","modified_gmt":"2024-06-11T14:35:36","slug":"polkadot-bears-are-back-can-dot-revisit-7-soon","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/polkadot-bears-are-back-can-dot-revisit-7-soon\/","title":{"rendered":"Polkadot Bears Are Back, Can DOT Revisit $7 Soon?"},"content":{"rendered":"
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The Polkadot price had been recovering in the past few days, but it has been unable to sustain the momentum as the bulls’ progress has been halted at press time. Over the last 24 hours, the coin experienced a dip of 2%, which has also caused a depreciation of almost 1% in the weekly timeframe, erasing most of the weekly gains.<\/p>\n
The technical outlook for Polkadot is showing signs of bearish strength building up. It is currently trading below a crucial resistance level. The resistance level must be surpassed for the bulls to experience some relief.<\/p>\n