DOT’s RSI and stochastic were oversold, which was bullish Metrics also supported a price hike while a few of the indicators were against it Polkadot’s [DOT] recent price action was not up to the mark as it registered negative weekly growth. As per CoinMarketCap, DOT was down by nearly 3% over the last seven days. […]
, DOT was down by nearly 3% over the last seven days. Furthermore, it was trading at $4.49 with a market capitalization of over $5.1 billion.A celebration for investors
As per CryptoQuant, Polkadot’s Relative Strength Index and stochastic were both in oversold positions. This was a major bullish indicator that suggested a price surge in the coming days.Insider, a popular Twitter handle that posts updates related to the Polkadot ecosystem, revealed its weekly stats. This further established the popularity of Polkadot in the crypto community.
Furthermore, as per the tweet, Polkadot’s social engagement exceeded 43 million, reflecting its popularity. Not only that, but Polkadot’s Galaxy score also looked positive.
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