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Cryptocurrency News Articles

Polkadot (DOT) – New Highs Or New All-Time Low?

Aug 13, 2024 at 12:00 am

Amid the recovery in the crypto market after the sharp selloff, Polkadot (DOT) has recovered around 34% in the last three days.

Polkadot (DOT) – New Highs Or New All-Time Low?

Cryptocurrency market is showing signs of recovery after the sharp selloff last week. Polkadot (DOT) price is up around 34% in the last three days.

Aptos (APT) price also showed signs of recovery after making a low of $4.32 on 5th August.

DTX Exchange, a new hybrid exchange, is also performing extraordinarily with raising over $1.2 million in just two months in its presale. According to crypto enthusiasts, this is going to be the biggest presale in history.

Polkadot (DOT) – New Highs Or New All-Time Low?

After hitting a low of $3.57 on 11th August, Polkadot (DOT) price recovered around 34% in the last three days. However, there are various challenges in Polkadot (DOT) price ahead.

The short-term moving averages are just above the price, acting as a resistance level. Also, the $5.5 – $6 zone, which acted as a support for Polkadot (DOT) before the breakdown, will be a major resistance to the price.

Another point to note is that MACD is still indicating bearish momentum, with the EMA line below the zero line. Overall, Polkadot (DOT) price action is still bearish, and if it breaks the $3.57 an all-time low is inevitable in the coin.

Volatility Contraction And Breakout In Aptos (APT)

Aptos (APT) price made a low of $4.32 on 5th August, and the price consolidated for two days in contracting volume. Breakout in Aptos (APT) price came on the 8th, but it wasn’t very strong as there wasn’t much participation in the breakout.

Now, the Aptos (APT) price is again showing signs of contraction as the volume in the last 24 hours has decreased by 13%. If this results in a breakout on the upside, we can see a perfect reversal in Aptos (APT).

DTX Exchange Growth Promises 9,000% Return After LaunchDTX Exchange is a new hybrid exchange that combines the best of both TradFi and De Fi to create a unique trading experience.

The platform has gained significant attention in the crypto community thanks to its advanced features and high leverage, making it a favorite among both experienced traders and newcomers alike.

DTX Exchange is designed to cater to the diverse needs of today’s traders with its cutting-edge TradFi platform that seamlessly integrates advanced AI tools and automated strategies.

This powerful combination empowers traders with optimal efficiency and precision, enhancing their trading performance to new heights.

As a leading layer-1 blockchain-based crypto trading platform, DTX Exchange delivers lightning-fast execution speeds, averaging just 0.04 seconds. This incredible speed is paramount in the fast-paced crypto world, where even a millisecond can drastically impact trades.

DTX Exchange places the utmost importance on user security and community growth by offering non-custodial wallets and multi-tier accounts. With these features, users can rest assured that their funds remain safely in their own hands.

Additionally, the platform integrates AI-powered tools for advanced automation and algorithmic trading, merging machine intelligence with human insights to maximize trading efficiency and outcomes.

Despite being a smaller project, DTX Exchange is making waves by democratizing finance and offering practical solutions that cater to the needs of the masses. Currently, in the second stage of its presale, the token has a lot of potential for growth after launch.

Learn more:

Buy Presale

Visit DTX Website

Join The DTX Community

Original source:crypto-news-flash

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