• About
  • FAQ
  • Landing Page
  • Buy JNews
Newsletter
Crypto News
Advertisement
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Crypto News
No Result
View All Result

Polkadot’s (DOT) Price and Tweet Volume at All-time High Levels

by
January 2, 2021
in Uncategorized
0
Polkadot’s (DOT) Price and Tweet Volume at All-time High Levels
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Polkadot's (DOT) Price and Tweet Volume at All-time High Levels 6

Quick take:

Related articles

USDT Transactions on Tron Surpassed Ethereum Tether Transactions Every Day in 2021

USDT Transactions on Tron Surpassed Ethereum Tether Transactions Every Day in 2021

January 25, 2021
Bitcoin Could be Coiling Up for a Massive Push Higher as Bulls Take Control

Bitcoin Could be Coiling Up for a Massive Push Higher as Bulls Take Control

January 25, 2021
  • Polkadot has silently risen to the number 6 spot on Coinmarketcap
  • Its value recently hit an all-time high and could repeat it in the days to follow
  • Polkadot’s tweet volume is also at all-time high levels as investor interest grows

The digital asset of Polkadot (DOT) has had an eventful past week in the crypto markets by almost doubling in value since the 25th of December. Polkadot was valued around $5 on Christmas day only to skyrocket to an all-time high value of $9.53 – Binance rate – on New Years’.

Polkadot’s Price Hits All-time High

The 90% increment in the value of Polkadot since Christmas has also resulted in DOT moving to the number 6th spot on Coinmarketcap as demonstrated in the screenshot below. With this move, Polkadot has edged out heavyweights such as Bitcoin Cash (BCH) and Cardano (ADA).

Polkadot's (DOT) Price and Tweet Volume at All-time High Levels 4

Polkadot’s Tweet Volume Also at an All-time High

Furthermore, there has been a significant increment in the Twitter discussions surrounding Polkadot. According to data from the TIE, both Polkadot’s price and tweet volume are at an all-time high due to the recent price surge of the digital asset.

The team at The Tie, shared their observation of Polkadot via the following tweet and chart demonstrating an increment in DOT’s tweet volume.

Polkadot’s price and tweet volume are both at an all-time high. $DOT is now the 6th largest cryptocurrency by market cap and quickly closing in on Litecoin and XRP after a 55% surge this week. pic.twitter.com/DXjN3NUM1c

— The TIE (@TheTIEIO) December 31, 2020

A Brief Technical Analysis of Polkadot (DOT)

As earlier mentioned, Polkadot has experienced a 90% increment since Christmas day towards its recent all-time high value of $9.53. At the time of writing, Polkadot is consolidating around the $9 price area with the previous all-time high value of $6.90 providing adequate support on a macro level.

Polkadot's (DOT) Price and Tweet Volume at All-time High Levels 5

Also from the daily DOT/USDT chart above, the following can also be observed.

  • Polkadot is a relatively new digital asset and the 200-day moving average is yet to appear
  • Trade volume is in the green with the MACD yet to show signs of exhaustion
  • However, both the daily MFI and RSI are high at 80. The two indicators are also hinting at a pending correction for Polkadot

Summing up the brief technical analysis, Polkadot (DOT) is still demonstrating bullish momentum after posting an all-time high yesterday, January 1st. A pullback is therefore likely as demonstrated by the high MFI and RSI.

However, Bitcoin just broke the $30k price ceiling. Therefore, the general crypto market bullishness due to this milestone might provide enough momentum for Polkadot (DOT) to retest, or break, its recently set all-time high value.

As with all analyses of altcoins such as Polkadot, stop losses and the use of low leverage is advised when trading DOT on the various derivatives platforms.

Share76Tweet47

Related Posts

USDT Transactions on Tron Surpassed Ethereum Tether Transactions Every Day in 2021

USDT Transactions on Tron Surpassed Ethereum Tether Transactions Every Day in 2021

by
January 25, 2021
0

During the last two months, tether transactions have spiked considerably. More recently, however, USDT transactions on the Tron network have...

Bitcoin Could be Coiling Up for a Massive Push Higher as Bulls Take Control

Bitcoin Could be Coiling Up for a Massive Push Higher as Bulls Take Control

by
January 25, 2021
0

Bitcoin’s recent underperformance against altcoins came to a swift end today, with bulls allowing the crypto to rocket higher while...

Age of ILCOIN: A Revolution in The Merger of VR With Blockchain-Based Gaming

Age of ILCOIN: A Revolution in The Merger of VR With Blockchain-Based Gaming

by
January 25, 2021
0

Gaming is the fastest-growing form of entertainment in the world with revenues increasing globally at around 9.7% per year. Video...

Why traders say Ethereum may see a ‘rinse’ pullback after breaking its two-year high

Why traders say Ethereum may see a ‘rinse’ pullback after breaking its two-year high

by
January 25, 2021
0

Traders say ETH price could pull back temporarily after climbing to a new all-time high above $1,470, despite the momentum...

More institutional adoption as Marathon Patent Group purchases $150M in Bitcoin

More institutional adoption as Marathon Patent Group purchases $150M in Bitcoin

by
January 25, 2021
0

CEO Merrick Okamoto said the crypto purchase would help make Marathon an appealing choice to investors seeking "exposure to this...

Load More
  • Trending
  • Comments
  • Latest
Privacy Coins Monero, Dash, and Zcash to be Delisted on Bittrex, Dash Unhappy with Decision

Privacy Coins Monero, Dash, and Zcash to be Delisted on Bittrex, Dash Unhappy with Decision

January 4, 2021

New Mining Centers Increase North American Market

December 6, 2020

3 Factors That Made Bitcoin Become so Valuable Last Year

December 6, 2020
SushiSwap’s SUSHI Surges 20% Again After Ethereum Price Correction

SushiSwap’s SUSHI Surges 20% Again After Ethereum Price Correction

December 6, 2020
USDT Transactions on Tron Surpassed Ethereum Tether Transactions Every Day in 2021

USDT Transactions on Tron Surpassed Ethereum Tether Transactions Every Day in 2021

0

China Is Reportedly Moving To Clamp Down On Bitcoin Miners

0

Inside the Chinese Bitcoin Mine That’s Grossing $1.5M a Month

0

All You Need to Know About This Whole SegWit vs. SegWit2x Thing

0
USDT Transactions on Tron Surpassed Ethereum Tether Transactions Every Day in 2021

USDT Transactions on Tron Surpassed Ethereum Tether Transactions Every Day in 2021

January 25, 2021
Bitcoin Could be Coiling Up for a Massive Push Higher as Bulls Take Control

Bitcoin Could be Coiling Up for a Massive Push Higher as Bulls Take Control

January 25, 2021
Age of ILCOIN: A Revolution in The Merger of VR With Blockchain-Based Gaming

Age of ILCOIN: A Revolution in The Merger of VR With Blockchain-Based Gaming

January 25, 2021
Why traders say Ethereum may see a ‘rinse’ pullback after breaking its two-year high

Why traders say Ethereum may see a ‘rinse’ pullback after breaking its two-year high

January 25, 2021
Crypto News

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Abra
  • Altcoin News
  • altcoins
  • Altseason
  • Binance
  • Binance (BNB) News
  • Binance Coin (BNB)
  • Binance Ecosystem
  • Binance Smart Chain
  • bitcoin
  • Bitcoin
  • Bitcoin (BTC) Adoption
  • Bitcoin (BTC) General News
  • Bitcoin (BTC) News
  • Bitcoin (BTC) Predictions
  • Bitcoin Cash (BCH)
  • Bitcoin Cash (BCH) General News
  • Bitcoin dominance
  • bitcoin network
  • Bitcoin price
  • Bitstamp
  • Bittrex
  • Blockchain
  • Blockchain News
  • bloomberg
  • Brad Garlinghouse
  • Business
  • Cameron Winklevoss
  • ChainLink
  • ChainLink (LINK)
  • Chainlink (LINK) News
  • Chainlink Price Prediction
  • Changpeng Zhao
  • charlie lee
  • CME Ethereum Futures
  • CME Group
  • coinbase
  • Coinmarketcap
  • cryptocurrency
  • Dash (DASH)
  • DeFi
  • DeFi Pulse
  • Deribit
  • Electric Coin Company
  • ETH 2.0
  • ETH2.0
  • Ethereum
  • Ethereum (ETH)
  • Ethereum (ETH) News
  • Ethereum 2.0
  • Ethereum Classic (ETC)
  • Ethereum Futures
  • Ethereum Network
  • ethereum price
  • Ethereum price analysis
  • Ethereum Staking
  • Ethereum Upgrade
  • Ethereum Upgrades
  • Flare Networks
  • Flare Networks Snapshot
  • Gemini
  • google
  • Grayscale
  • Grayscale Bitcoin Trust (GBTC)
  • Guide
  • Guides
  • Institutional Investors
  • justin sun
  • JustSwap
  • LINK Marines
  • Litecoin
  • Litecoin (LTC)
  • Litecoin (LTC) News
  • Litecoin Development
  • litecoin foundation
  • Litecoin MimbleWimble
  • Market
  • MicroStrategy
  • MimbleWimble
  • Mining
  • Monero (XMR)
  • News
  • NFT
  • NFTs
  • Non-Fungible Tokens
  • Other
  • Pantera Capital
  • Poloniex
  • Prices
  • Regulation
  • ripple
  • Ripple
  • Scams and Hacks
  • sec
  • Securities and Exchange Commission
  • Spark Token (FLR)
  • Spark Token Airdrop
  • Spark Tokens (FLR)
  • Tether (USDT)
  • Tron (TRX)
  • TRON (TRX) News
  • Tron Foundation
  • Twitter
  • Tyler Winklevoss
  • Wallets and Exchanges
  • Weiss Ratings
  • Wrapped Bitcoin (WBTC)
  • XRP
  • XRP News
  • XRP Price Prediction
  • Yearn Finance (YFI)
  • Zcash (ZEC)
  • ZCash Halving
  • Zeus Capital
  • Zilliqa (ZIL)
  • Zilliqa (ZIL) News
  • Zilliqa Staking

Tags

Altcoin Bitcoin drops Bitcoin Wallet Cointelegraph Cryptocurrency ICO Investment Lending Market Stories Mining Bitcoin

Newsletter

[mc4wp_form]

  • About
  • FAQ
  • Support Forum
  • Landing Page
  • Buy JNews
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2018 JNews by Jegtheme.