Polkadot Reflects Accumulation, How Long Will It Trade Sideways?

Polkadot Reflects Accumulation, How Long Will It Trade Sideways?

Polkadot price seems to be returning on its feet, courtesy of recent developments. DOT’s network released its newest update, highlighting some core developments that could pave a path for its foundational roadmap for 2023.


Polkadot has plans to delve deeper into smart contract development through its project Substrate. This focuses on the network’s intention to bring more utility. DOT has also expressed interest in wanting to enter the NFT section. Looking at the technical outlook, the coin has picked up on some positive price action. Over the last 24 hours, DOT moved upward, albeit slowly.


This slow price movement could be attributed to broader market weakness. The buyers seemed to pick up the pace, indicating increased demand for the asset. To correspond with the same sentiment, DOT ..

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