Markets
Share this article

DOT Slumps 4% as Support at $3.80 Level Fails

The Polkadot token tumbled amid increased selling pressure as support levels failed.

By CD Analytics, Will Canny|Edited by Sheldon Reback
Sep 4, 2025, 3:29 p.m. 1 min read
"Polkadot price chart shows a 3% crash to $3.77 with a volume surge signaling a technical breakdown and sustained selling pressure."
DOT slumps 4% as support at $3.80 level fails.

What to know:

  • Polkadot slipped 4% amid a broader sell-off in crypto markets.
  • The break of support at the $3.80 level triggered a 2.21 million volume spike.

Polkadot's DOT slipped 4% in the last 24 hours, dropping to $3.75 dragged down b a decline in the broader crypto market.

The token's trading range was $0.15, marking a 4% volatility spike, according to CoinDesk Research's technical analysis model.

Resistance held firm at $3.90, while DOT fell through the $3.80 support level. Technical structure has deteriorated rapidly with a number of recovery attempts failing, according to the model.

The wider crypto market also fell, with the broader market gauge, the Coindesk 20, losing 2.7%.

In recent trading Polkadot was 3.6% lower over 24 hours, trading around $3.75.

Technical Analysis:

  • Resistance at $3.90 holds through multiple tests.
  • Support breakdown at $3.80 triggers 2.21 million volume spike.
  • Trading range of $0.15 represents 4% volatility between $3.90 and $3.75.
  • Volume surge at 14:06 UTC hits 380,614 units during price collapse.
  • Recovery attempts fail above $3.75 threshold repeatedly.
  • Bounce failures confirm sustained selling across all timeframes.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

AI Market InsightsPolkadotTechnical AnalysisDOT

More For You

Bitcoin's wild days are over — and Trace Mayer says that's a good thing

By James Van Straten, AI Boost|Edited by Jamie Crawley
3 hours ago
Trace Mayer (Trace Mayer)

The creator of the Mayer Multiple argues bitcoin’s growing economic substance is compressing volatility and attracting deeper capital.

What to know:

  • Bitcoin volatility has dropped from around 120 in 2017 to 35 as institutional participation and options markets add stability to the asset.
  • Mayer believes lower volatility makes bitcoin more investable for corporations, family offices, and institutional investors.
  • Despite long-term concerns around miner security incentives and quantum computing, Mayer remains bullish...
Read full story