Crypto_Currency_USA

New Data from dot project can show that price could have been shown 2.9 $ per token

📊 Technical Analysis (1H Chart):The 1-hour chart of DOT/USD on Kraken shows a promising setup. After a prolonged downtrend within a descending channel, DOT has broken above the upper resistance trendline, signaling a potential trend reversal. The price is currently testing the $3.6946 level, with a key support zone around $3.6716 (recent low). If this support holds, we could see a push toward the next resistance at $5.252 (previous high), as indicated by the green target zone. However, a failure to hold $3.6716 might lead to a retest of the $3.500 support (red zone). Volume is increasing, supporting the breakout momentum.🌐 Fundamental Update:Polkadot’s network has been making strides with recent upgrades, including the rollout of Asynchronous Backing, which significantly boosts transaction throughput and scalability. This update strengthens Polkadot’s position as a leading layer-0 protocol for cross-chain interoperability. Additionally, rumors of a potential Polkadot ETF application have been circulating, following the success of Bitcoin and Ethereum ETFs. If approved, this could bring substantial institutional interest and capital inflow to DOT, further driving its price.📈 Conclusion:With a technical breakout in play and strong fundamentals from network upgrades and ETF speculation, DOT looks poised for a bullish move. Keep an eye on the $3.6716 support for confirmation of the uptrend. What are your thoughts on DOT’s next move? Let’s discuss! 👇#Polkadot #DOT #CryptoAnalysis #Trading #ETF

Several companies have applied for a Polkadot (DOT) ETF with the U.S. Securities and Exchange Commission (SEC). The most notable applicants include:Valkyrie Investments21SharesBitwise Asset ManagementHowever, as of now, the SEC has not approved any cryptocurrency ETFs for Polkadot. The ETF approval process for cryptocurrencies remains challenging, with the SEC typically being cautious about approving such financial products.The landscape for crypto ETFs has been evolving, with recent approvals for Bitcoin and Ethereum ETFs in early 2024 potentially paving the way for other cryptocurrency ETF applications. But each application is scrutinized individually, and approval is not guaranteed.

Several companies have applied for a Polkadot (DOT) ETF with the U.S. Securities and Exchange Commission (SEC). The most notable applicants include:Valkyrie Investments21SharesBitwise Asset ManagementHowever, as of now, the SEC has not approved any cryptocurrency ETFs for Polkadot. The ETF approval process for cryptocurrencies remains challenging, with the SEC typically being cautious about approving such financial products.The landscape for crypto ETFs has been evolving, with recent approvals for Bitcoin and Ethereum ETFs in early 2024 potentially paving the way for other cryptocurrency ETF applications. But each application is scrutinized individually, and approval is not guaranteed.

Just buy dot and hodl for new ATH Like and share for more views.Thank you for corporation.

Risk per rivard is 74.Dot is really 🥇 Gold Just buy dot and hodl.

Risk per rivard is 74.Dot is really 🥇 Gold Just buy dot and hodl.

If break red line,we can see this scenario....Not bad 😔

Now we can see beautiful weekend when Atom goes to 9.6 dollers

How are you feeling today?Tomorrow is good day for you....