Polkadot price has registered a bullish revival on their 24-hour chart. Over the past day, DOT logged double-digit gains. In the past week, the altcoin has lost close to 3% of its market value.
The major market movers have turned optimistic today, and most altcoins have followed suit.
The technical indicator of Polkadot has registered bullish signals on the one-day chart.
The demand for the altcoin has increased, which has made the coin register more buyers on the chart.
The coin has to continue cruising up to move past the immediate resistance level.
The move past the immediate resistance mark will ensure that the bulls have complete control over the market. Breaking past the $6.87 will confirm the bullish revival further.
The coin can still fall in value if the buying strength starts to fade over the next trading sessions. The global cryptocurrency market cap today is $979 billion, with a 1.1% positive change in the last 24 hours.
Polkadot Price Analysis: One-Day Chart
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