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Home/ Questions/Q 3773
GrittyMcGrittyface
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GrittyMcGrittyface
Asked: December 8, 20212021-12-08T05:21:22+00:00 2021-12-08T05:21:22+00:00

Polkadot price to return to $40 if near-term support holds

  • -4

Polkadot price to return to $40 if near-term support holds

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  1. Asheddit
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    I don’t have much polkadot, maybe need to increase my holding

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  2. Joki_ORodovi
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    It’s good to hear even if this means absolutely nothing

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  3. kirtash93
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    This is why it can be staked for upwards of 12% APR. I believe inflation is around 10% so it is offset.

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  4. Hrisvan
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am
    • Polkadot Pros & Cons – Participate in the r/CC Cointest to potentially win moons. Prize allocations: 1st – 300, 2nd – 150, 3rd – 75.

    • Sort comments as controversial first by clicking here. Doesn’t work on mobile.


    I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

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  5. TheBoffo
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    Save a click:

    Polkadot price has substantially recovered since hitting a low of $23.95. A return above the $30 level gives buyers and long-term hodlers significant psychological support that Polkadot may, again, move higher.

    Polkadot price must close above $32 before it can test $40

    Polkadot price faces near-term resistance against the 38.2% Fibonacci retracement at $31.08 and the Tenkan-Sen at $31.66. It will need to close above both levels to prevent any near-term continuation of selling. Ideally, there would be enough momentum to close above the Kijun-Sen at $36, but that may not be possible

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  6. breezyfye
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    DOT is my largest holding behind ETH. Great project and future ahead.

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  7. BjornX
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    At the current price, I’m scooping up more DOT.

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  8. the_far_yard
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    Great for Polkadot people, congrats!

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  9. ec265
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    First it’s going to drop down to around $20 – then what he said.

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  10. Lucabba
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    Go DOT go!!

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  11. wolfparking
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    All depends on the big investors.

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  12. Lucy Evans
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    I think if near-term support holds, the price will stay the same. For the price to increase, support would have to increase, no?

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  13. fucken-moist
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    It’s all about the future, we are early on DOT

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  14. Ltfuzzystuff
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    Great project, undervalued

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  15. misterswaggie
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    Super Bullish on Polkadot

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  16. CertifiedYSL
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    Crypto to go up if it goes up!

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  17. coinfeeds-bot
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    Dot price is irrelevant, is not a moon token. the parachain will be if the ecosystem starts up

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  18. JeanBonJovi
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am
    • Polkadot Pros & Cons – Participate in the r/CC Cointest to potentially win moons. Prize allocations: 1st – 300, 2nd – 150, 3rd – 75.

    • Sort comments as controversial first by clicking here. Doesn’t work on mobile.


    I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

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  19. TruthSeeekeer
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    Buying Polkadot at $40 feels like buying bitcoin at $10k. Super bullish on Polkadot

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  20. Ella Kerr Begginer
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    Save a click:

    Polkadot price has substantially recovered since hitting a low of $23.95. A return above the $30 level gives buyers and long-term hodlers significant psychological support that Polkadot may, again, move higher.

    Polkadot price must close above $32 before it can test $40

    Polkadot price faces near-term resistance against the 38.2% Fibonacci retracement at $31.08 and the Tenkan-Sen at $31.66. It will need to close above both levels to prevent any near-term continuation of selling. Ideally, there would be enough momentum to close above the Kijun-Sen at $36, but that may not be possible

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  21. Tredur
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    I don’t have much polkadot, maybe need to increase my holding

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  22. John MAc
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    DOT is my largest holding behind ETH. Great project and future ahead.

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  23. pizza-chit
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    At the current price, I’m scooping up more DOT.

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  24. Crytch
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    Great for Polkadot people, congrats!

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  25. meeleen223
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    First it’s going to drop down to around $20 – then what he said.

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  26. Homebarcocktails
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    Go DOT go!!

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  27. Zantti
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    It’s good to hear even if this means absolutely nothing

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  28. dadryp
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    All depends on the big investors.

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  29. Jxntb733
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    I think if near-term support holds, the price will stay the same. For the price to increase, support would have to increase, no?

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  30. External-Dark-2942
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    It’s all about the future, we are early on DOT

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  31. BlubberWall
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    Dot inflation means money printer goes brrrrr. 🙂

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  32. AutoModerator
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    This is why it can be staked for upwards of 12% APR. I believe inflation is around 10% so it is offset.

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  33. FractalImagination
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    Great project, undervalued

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  34. djuro94
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    Super Bullish on Polkadot

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  35. Nozomilk
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    Crypto to go up if it goes up!

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  36. TheLegendOfZero
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    Dot price is irrelevant, is not a moon token. the parachain will be if the ecosystem starts up

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  37. Tajo990
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    Buying Polkadot at $40 feels like buying bitcoin at $10k. Super bullish on Polkadot

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  38. Socialinfluencing
    2021-12-10T11:09:02+00:00Added an answer on December 10, 2021 at 11:09 am

    Dot inflation means money printer goes brrrrr. 🙂

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