Polkadot (DOT) Price Update – February 9, 2025
Polkadot (DOT) is currently priced at $4.79, up 5.06% in the last 24 hours.
The market cap is $7.38B, and the 24-hour trading volume is $459.36M.
Even with this rise, the market still feels weak (Fear & Greed Index: 46 - Fear).
Important Price Levels
🔹️Support (Lower Price Limits): $4.50 and $3.59.
🔹️Resistance (Upper Price Limits): $5.20 and $6.50.
What’s Next for DOT?
DOT is below its 200-day moving average ($6.20), meaning the long-term trend is still down.
But if it moves above $5.20, it could go up further.
Trading Tips
🔹️If DOT breaks $5.20, it may reach $6.00-$6.50.
🔹️If DOT drops below $4.50, it could fall to $3.59.
Watch these price levels before trading!