Summary
- Polkadot (DOT) is a cryptocurrency known for its innovative approach to interoperability and scalability.
- A rising wedge pattern on DOT’s price chart suggests a potential downturn in the future.
- DOT’s price is currently down by -0.13%, trading at around $7.13, with a market capitalization of over $10 billion.
- Technical analysis using the 100-day SMA and RSI indicates a possible bearish trend if DOT breaks below the wedge pattern.