TLDR
This Monday, the Polkadot price moved through negative territory, affected by persistent market weakness that stalled any attempt at a solid recovery. After several failed attempts to break the technical barrier of $1.90, the native DOT token retreated to $1.83, revealing a sense of caution among traders.
The context of this bearish trend revolves around macroeconomic uncertainty affecting the primary assets in the sector. While Bitcoin and Ethereum struggle with their own psychological resistances, the Polkadot price today is suffering the consequences of low trading volume and waning buying interest.
Despite a brief weekly rally, the 30-day metric shows an 18% decline, consolidating a downward trend that has erased much of the asset’s value throughout the year.
Technically speaking, indicators suggest that the bearish trend still has room to maneuver. The 50-day Exponential Moving Average (EMA) is in decline, confirming short-term weakness.
Additionally, the Relative Strength Index (RSI) remains below the 50 level, signaling that the Polkadot price today could face further declines if it fails to find a stable floor soon.
If selling pressure continues, analysts warn that sellers could set their sights on the $1.70 support level. However, there is a glimmer of hope in the MACD indicator, which shows some bullish resilience.
In summary, for the scenario to change, Polkadot would need to reclaim levels of $2.00 and $2.25 in the short term. The success of this recovery will depend on internal factors such as parachain auctions and governance improvements, as well as an improvement in global liquidity conditions before fully entering 2026.
