{"id":201153,"date":"2021-11-19T19:00:19","date_gmt":"2021-11-19T13:30:19","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=201153"},"modified":"2021-11-19T18:53:08","modified_gmt":"2021-11-19T13:23:08","slug":"polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\/","title":{"rendered":"Polkadot can make a comeback once it finds itself at this support region"},"content":{"rendered":"

Polkadot has extended losses by 33% over the last two weeks, due to which its 4-hour MACD languished at a near 6-month low. Meanwhile, short-mid term moving average lines have failed to offer any pushbacks after DOT weakened below a long serving upper trendline .<\/p>\n

Should a recovering RSI now falter around the mid-line, DOT’s next point of contact would be between $35-$33.2 support, from where the introduction of new longs could trigger a much-needed comeback. At the time of writing, DOT traded at $39.8, down by 0.66% over the last 24 hours.<\/p>\n

Polkadot 4-hour Chart<\/strong><\/h4>\n
\"\"<\/a>
Source: DOT\/USD, TradingView<\/figcaption><\/figure>\n

Bears have been relentless in the DOT market and a number of support levels have succumbed over the past two weeks. Since flipping its bottom trendline on 11 November, DOT maintained its southbound trajectory and slipped below the 200% and 161.8% Fibonacci levels.<\/p>\n

While DOT did show some signs of life at the 138.2% Fibonacci area, a host of uncertainties were still present along the RSI and Awesome Oscillator. Should broader market corrections continue to dictate DOT’s movement, the next contact would be made at a support line of $35.27 and the 100% Fibonacci level at $33.1. A deeper support area at $28.5 could be called into action if selling pressure does not fizzle out over the coming days.<\/p>\n

According to the Visible Range profile, DOT could see an extended shuffle between $33-$35 as buyers and sellers fight for market control. Once new longs outmaneuver sell pressure, expect DOT to climb back above the highlighted Fibonacci areas and carve a path towards the 400% Fibonacci Extension.<\/p>\n

Reasoning\u00a0<\/strong><\/p>\n

Although DOT’s 4-hour RSI did reverse from oversold levels, the index still traded in bearish territory and lent support to sellers. The MACD did not show any reliable signs of a reversal after slipping to a near 6-month low. On the other hand, a possible triple bottom setup on the Awesome Oscillator did induce some optimism but not before a few more losses grip the market.<\/p>\n

Conclusion\u00a0<\/strong><\/p>\n

Polkadot could extend losses towards the 100% Fibonacci level due to weak positions on the RSI, MACD and Awesome Oscillator. From there, expect DOT to trade sideways between $33-$35 before reversing trajectory.<\/p>\n","protected":false},"excerpt":{"rendered":"

Polkadot has extended losses by 33% over the last two weeks, due to which its 4-hour MACD languished at a near 6-month low. Meanwhile, short-mid term moving average lines have failed to offer any pushbacks after DOT weakened below a long serving upper trendline . Should a recovering RSI now falter around the mid-line, DOT’sContinue reading “Polkadot can make a comeback once it finds itself at this support region”<\/span><\/a><\/p>\n","protected":false},"author":37,"featured_media":201172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,66,3,4,20],"tags":[],"class_list":["post-201153","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\nPolkadot can make a comeback once it finds itself at this support region - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Polkadot has extended losses by 33% over the last two weeks, due to which its 4-hour MACD languished at a near 6-month...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ambcrypto.com\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Polkadot can make a comeback once it finds itself at this support region - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Polkadot has extended losses by 33% over the last two weeks, due to which its 4-hour MACD languished at a near 6-month low. Meanwhile, short-mid term\" \/>\n<meta property=\"og:url\" content=\"http:\/\/ambcrypto.com\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-19T13:30:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/11\/accountant-1794122_1280-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"977\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Saif Naqvi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/ssh_naqvi\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Saif Naqvi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\\\/#article\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\\\/\"},\"author\":{\"name\":\"Saif Naqvi\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/07c27aaab3e7426f1c526f07737ceaab\"},\"headline\":\"Polkadot can make a comeback once it finds itself at this support region\",\"datePublished\":\"2021-11-19T13:30:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\\\/\"},\"wordCount\":374,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/accountant-1794122_1280-1.png\",\"articleSection\":[\"Altcoin\",\"Analysis\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"http:\\\/\\\/ambcrypto.com\\\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\\\/#respond\"]}],\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\\\/\",\"url\":\"http:\\\/\\\/ambcrypto.com\\\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\\\/\",\"name\":\"Polkadot can make a comeback once it finds itself at this support region - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\\\/#primaryimage\"},\"image\":{\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/accountant-1794122_1280-1.png\",\"datePublished\":\"2021-11-19T13:30:19+00:00\",\"description\":\"Polkadot has extended losses by 33% over the last two weeks, due to which its 4-hour MACD languished at a near 6-month...\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\\\/\\\/ambcrypto.com\\\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/accountant-1794122_1280-1.png\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/accountant-1794122_1280-1.png\",\"width\":1280,\"height\":977},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/07c27aaab3e7426f1c526f07737ceaab\",\"name\":\"Saif Naqvi\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/Capture-150x150-1.png\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/Capture-150x150-1.png\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/Capture-150x150-1.png\",\"caption\":\"Saif Naqvi\"},\"description\":\"A business graduate with a keen interest in emerging markets across South East Asia. As a financial journalist, he covered stocks and market reports across Australia and New Zealand as well.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/saif-naqvi-46193511b\\\/\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/twitter.com\\\/ssh_naqvi\"],\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/saif-naqvi\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Polkadot can make a comeback once it finds itself at this support region - AMBCrypto","description":"Polkadot has extended losses by 33% over the last two weeks, due to which its 4-hour MACD languished at a near 6-month...","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"http:\/\/ambcrypto.com\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\/","og_locale":"en_US","og_type":"article","og_title":"Polkadot can make a comeback once it finds itself at this support region - AMBCrypto","og_description":"Polkadot has extended losses by 33% over the last two weeks, due to which its 4-hour MACD languished at a near 6-month low. Meanwhile, short-mid term","og_url":"http:\/\/ambcrypto.com\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2021-11-19T13:30:19+00:00","og_image":[{"width":1280,"height":977,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/11\/accountant-1794122_1280-1.png","type":"image\/png"}],"author":"Saif Naqvi","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/ssh_naqvi","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Saif Naqvi","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"http:\/\/ambcrypto.com\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\/#article","isPartOf":{"@id":"http:\/\/ambcrypto.com\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\/"},"author":{"name":"Saif Naqvi","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/07c27aaab3e7426f1c526f07737ceaab"},"headline":"Polkadot can make a comeback once it finds itself at this support region","datePublished":"2021-11-19T13:30:19+00:00","mainEntityOfPage":{"@id":"http:\/\/ambcrypto.com\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\/"},"wordCount":374,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"http:\/\/ambcrypto.com\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/11\/accountant-1794122_1280-1.png","articleSection":["Altcoin","Analysis","News","News 1","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["http:\/\/ambcrypto.com\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\/#respond"]}],"copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"http:\/\/ambcrypto.com\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\/","url":"http:\/\/ambcrypto.com\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\/","name":"Polkadot can make a comeback once it finds itself at this support region - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"http:\/\/ambcrypto.com\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\/#primaryimage"},"image":{"@id":"http:\/\/ambcrypto.com\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/11\/accountant-1794122_1280-1.png","datePublished":"2021-11-19T13:30:19+00:00","description":"Polkadot has extended losses by 33% over the last two weeks, due to which its 4-hour MACD languished at a near 6-month...","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["http:\/\/ambcrypto.com\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"http:\/\/ambcrypto.com\/polkadot-will-make-a-comeback-once-it-finds-itself-at-this-support-region\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/11\/accountant-1794122_1280-1.png","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/11\/accountant-1794122_1280-1.png","width":1280,"height":977},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/07c27aaab3e7426f1c526f07737ceaab","name":"Saif Naqvi","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/Capture-150x150-1.png","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/Capture-150x150-1.png","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/Capture-150x150-1.png","caption":"Saif Naqvi"},"description":"A business graduate with a keen interest in emerging markets across South East Asia. As a financial journalist, he covered stocks and market reports across Australia and New Zealand as well.","sameAs":["https:\/\/www.linkedin.com\/in\/saif-naqvi-46193511b\/","https:\/\/x.com\/https:\/\/twitter.com\/ssh_naqvi"],"url":"https:\/\/ambcrypto.com\/author\/saif-naqvi\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/201153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=201153"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/201153\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/201172"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=201153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=201153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=201153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}