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0R15 6656.0 -7.1946% 0R1E 9977.0 -1.0218% 0M69 None None% 0R2V 195.9872 -4.8606% 0QYR 1542.5 -4.0734% 0QYP 365.485 -2.329% 0RUK None None% 0RYA 1576.0 -2.4149% 0RIH 152.0 -2.8754% 0RIH 148.5436 -2.2739% 0R1O 171.46 9414.9834% 0R1O None None% 0QFP 10450.0 107.3413% 0M2Z 262.5 -5.303% 0VSO 35.605 -20.418% 0R1I None None% 0QZI 543.5 -7.4106% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 147.35 -9.0264%
0R15 6656.0 -7.1946% 0R1E 9977.0 -1.0218% 0M69 None None% 0R2V 195.9872 -4.8606% 0QYR 1542.5 -4.0734% 0QYP 365.485 -2.329% 0RUK None None% 0RYA 1576.0 -2.4149% 0RIH 152.0 -2.8754% 0RIH 148.5436 -2.2739% 0R1O 171.46 9414.9834% 0R1O None None% 0QFP 10450.0 107.3413% 0M2Z 262.5 -5.303% 0VSO 35.605 -20.418% 0R1I None None% 0QZI 543.5 -7.4106% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 147.35 -9.0264%

Home » Technical Analysis Reports » Crypto Report

Crypto Report

One Cryptocurrency Trading Above the Support Levels- Polkadot (DOT)

Mar 20, 2025

DOT
Investment Type
Crypto
Risk Level
Action
Rec. Price (US$)

Crypto Market Round-Up

Typically, cryptocurrencies are termed as digital currencies and use blockchain technology to record every transaction. Polkadot (DOT) is a next generation blockchain platform designed to enable seamless interoperability between different blockchains. Launched in 2020, it was created by Dr. Gavin Wood, a co-founder of Ethereum, to facilitate secure data and asset transfers across multiple networks while maintaining decentralization and scalability. DOT has a market capitalization of ~USD 6.97 billion (as per TradingView as of March 20, 2025).

Last week, the S&P Cryptocurrency Broad Digital Market (BDM) Index began on a bearish note, extending its decline by 220.00 points (~4.46%) to close at 4,712.50 on March 14, 2025. However, as the new trading week kicks off on March 17, 2025, the index has regained positive momentum. The broader cryptocurrency market is also trending upward, with major assets like Bitcoin and Ethereum posting gains, reinforcing the prevailing bullish sentiment.

Having understood the S&P Cryptocurrency BDM Index movement over the last week and the scenario for the upcoming week, one crypto that seems ‘Bullish’ at the current level appears to be Polkadot (DOT) based on the below technical parameters: -

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