DeFi Tokens Create Higher Lows After Reversal – BeInCrypto

PolkaDot (DOT) has been moving upwards since bouncing at the $14 support area on May 23.
Cream Finance (CREAM) is trading inside a range between $100 and $180. (KAVA) is trading inside a long-term descending parallel channel and following a short-term ascending support line.

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DeFi Tokens Rebound as BTC Stabilizes – BeInCrypto

Here we take a look at three DeFi coins, Serum (SRM), Polkadot (DOT), and (KAVA).

Serum (SRM) has broken out from a descending resistance line and validated it as support afterward.
Polkadot (DOT) has broken out from a descending resistance line but is facing resistance at $39.50.

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DOT Teeters on the Brink of ATH – A History of Price Movements

The PolkaDot (DOT) price has been increasing rapidly since it reached a bottom on Dec. 23, 2020. On Jan. 16, it reached an all-time high price of $19.40.

DOT has been decreasing since this all-time high, and the correction may continue for a period of time before it resumes its upward momentum.

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DOT and the DeFi Index Rally Towards New Highs – BeInCrypto

The Polkadot (DOT) price reached an all-time high price on Jan. 16, while the DeFi index followed suit three days later.

Both should continue increasing towards their closest respective resistance areas.

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Polkadot Versus XRP: The Battle for Fourth Place Intensifies – BeInCrypto

XRP has solidified itself as a top-five project for the past several years, at one point even giving Ethereum a run for its money. However, it’s slowly losing ground with the new kid Polkadot, who’s jousting XRP for the fourth spot.

Polkadot is on the rise.

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DOT & DIA Have Reached Their Respective Resistances – Will They Break Out?

The Polkadot (DOT) price has reached an important resistance area that has been in place since the beginning of Sept. While the price could eventually break out, a short-term decline is likely.
The DIA (DIA) price is in the process of breaking out from a descending resistance line.

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DOT Risks Sharp Drop With Potential Breakdown Below Support

The Polkadot (DOT) price supposedly broke out from a resistance line but fell back below shortly after. The price will likely break down from its support area and head lower.

Deviation Above Resistance
After reaching an all-time high price of $5.

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