The post Polkadot’s DOT holds steady with token unchanged over 24 hours appeared on BitcoinEthereumNews.com. DOT$1.8349 was unchanged over the last 24 hours, withThe post Polkadot’s DOT holds steady with token unchanged over 24 hours appeared on BitcoinEthereumNews.com. DOT$1.8349 was unchanged over the last 24 hours, with

Polkadot’s DOT holds steady with token unchanged over 24 hours

DOT$1.8349 was unchanged over the last 24 hours, with the token trading at $1.85.

The token’s trading volume was 55% above 30-day averages, as smart money flows into DOT accelerated during the session, according to CoinDesk Research’s technical analysis model.

DOT tracked broader crypto momentum rather than token-specific catalysts. The broader market gauge, the CoinDesk 20 index, was also unchanged over 24 hours.

The model showed that institutional buyers absorbed supply at higher prices.

This pattern typically precedes sustained rallies when smart money accumulates ahead of retail participation.

Technical Analysis

  • Solid support base at $1.72-$1.74 zone backed by heavy volume
  • $1.86 resistance caps upside with multiple rejection points
  • 55% volume surge above 30-day average confirms institutional participation; 96% spike at $1.74 validates support zone strength
  • $0.14 range between $1.72-$1.86 indicates consolidation phase; breakout attempt to $1.864 followed by retreat suggests range-bound trading
  • Next resistance test targets $1.86-$1.87 zone; $1.83 support provides stop-loss reference for long positions

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

Source: https://www.coindesk.com/markets/2025/12/19/polkadot-s-dot-holds-steady-with-token-unchanged-over-24-hours

Market Opportunity
Polkadot Logo
Polkadot Price(DOT)
$1.834
$1.834$1.834
0.00%
USD
Polkadot (DOT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…
Share
BitcoinEthereumNews2025/09/18 02:13
Zimbabwean Doctor Pushes for Appeal in $550,000 Crypto Theft Case

Zimbabwean Doctor Pushes for Appeal in $550,000 Crypto Theft Case

The post Zimbabwean Doctor Pushes for Appeal in $550,000 Crypto Theft Case appeared on BitcoinEthereumNews.com. A prominent Zimbabwean eye specialist is demanding
Share
BitcoinEthereumNews2025/12/20 20:59
Load The Bags! Bitcoin MVRV Hits Key Accumulation Threshold

Load The Bags! Bitcoin MVRV Hits Key Accumulation Threshold

The post Load The Bags! Bitcoin MVRV Hits Key Accumulation Threshold appeared on BitcoinEthereumNews.com. Load The Bags! Bitcoin MVRV Hits Key Accumulation
Share
BitcoinEthereumNews2025/12/20 21:10