Polkadot Technical Snapshot: Uptrend, Weekly Diverges

Polkadot (DOTUSD) last traded at 1.111, down 5.93% on the session, a reading drawn from 401 daily bars.

The daily trend is classified as an uptrend, with price holding above the 50-day moving average and the 50-day sitting above the 200-day. Price is 1.32% above the 50-day average of 1.0965 and 6.34% above the 200-day of 1.0448, so both longer means sit beneath the current level. The short end runs the other way: price is 5.7% under the 20-day average of 1.1781, leaving the latest close below its nearest-term mean while the longer averages stay stacked in the conventional bullish order.

Momentum and volatility

RSI(14) reads 46.2, a neutral value sitting just below the 50 midline. The 14-day ATR is 0.0911, equal to 8.2% of the 1.111 price, a wide daily range in proportional terms. Set against Polkadot’s own history, that ATR falls at the 56th percentile of the past year — modestly above the median daily swing of the last twelve months, placing current volatility near the middle of its own one-year distribution rather than at an extreme.

Range and swing structure

Price sits 68.49% below the 52-week high of 3.5258, an extreme last printed 343 sessions ago, and 54.31% above the 52-week low of 0.72, which was set far more recently, 60 sessions back. That leaves it at the 14th percentile of its 52-week range, low in the band and much nearer the yearly trough than the yearly peak. Within recent structure, the last price of 1.111 sits above the 20-day swing low of 1.006 but well under the 20-day swing high of 1.293. Widening to 60 days, the swing high is 1.303 and the swing low is 0.745, and that 60-day low sits just above the 52-week low of 0.72, consistent with the yearly trough falling inside this window.

On the weekly timeframe, drawn from 58 weekly bars, the trend is below the 50-week average but with a mixed short-term structure. Price stands 16.35% above the 20-week average of 0.9549 yet 19.69% below the 50-week average of 1.3834. The weekly RSI(14) is 46.3, almost identical to the daily 46.2, and the most recent week closed down 11.19%. The two timeframes disagree: the daily read holds price above its 50- and 200-day averages in an uptrend, while the weekly keeps price beneath its 50-week average.

Over the trailing year DOTUSD is down 62.1%, even as the last quarter shows a gain of 36.15%, the past month a slip of 1.77%, and the past week a fall of 11.19%.

Descriptive technical summary generated by the ForexBullion Research Team from our own price feed. Not investment advice.