# polkadot

📊 Polkadot (DOT) Price Drops by 3.59% Despite Halving Event
On Wednesday, Polkadot (DOT) also experienced selling pressure in the crypto market as it fell by around 3.59% with a drop in major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and others.
🔸 Polkadot (DOT) Falls 3.6% After Fed Decision, Halving Cuts New Supply
On March 18, the Federal Reserve announced its decision not to cut interest rates and kept them steady at a range of 3.5% to 3.75% because of ongoing inflation concerns. Apart from this, the decision was also supported by the ongoing war between the U.S and Iran that c

$DOT /USDT 1D Chart Analysis
Polkadot just made a massive move! 👀
After hitting rock bottom at $1.104, DOT has exploded +46%, now trading at $1.611 with a stunning +13.29% daily gain. Let the indicators speak:
📊 Bollinger Bands (20,2): Price has cleanly broken above the Mid Band ($1.525), eyeing the Upper Band ($1.664) textbook bullish breakout structure.
📈 RSI(6): 69.96 | RSI(12): 60.53 | RSI(24): 52.70 All three RSIs are rising in sync, signaling strong multi-timeframe bullish momentum building up.
🔥 Volume: 735.64K Crushing both MA5 (450K) and MA10 (368K), confirming smart money is acti