Here’s why Polkadot is sliding

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Polkadot Slides 10.96% Today

Highlights

Polkadot has launched Elastic Scaling and fully deployed Polkadot 2.0, significantly enhancing application performance and network efficiency.
The Agile Coretime feature introduces more flexible and lower-cost resource acquisition for projects, while Async Backing improves relay chain and parachain operations.
Polkadot announced a major governance shift in September, expects annual token emissions to decline by 2026, and revealed new payment integrations, including a deal with Las Golondrinas Hotels in Latin America.

Network upgrades and partnerships reshape sentiment amid structural reforms

Polkadot has officially launched Elastic Scaling and fully deployed Polkadot 2.0, introducing major improvements to application performance and efficiency. The addition of Agile Coretime provides projects with more flexibility and lower costs when acquiring network resources. Other notable developments include Async Backing for improved relay chain and parachain operation, a major governance shift in September, projected declines in annual token emissions by 2026, and new payment integrations such as a partnership with Las Golondrinas Hotels in Latin America.

Anton Kharitonov, expert at Traders Union, sees Polkadot trading decisively below all major moving averages with no technical support in sight. He notes that bearish momentum is reinforced by weak daily indicators and the sharp 10.96% drop, while oversold oscillators are not yet driving buyers back in. The recent step forward with Polkadot 2.0 and Elastic Scaling has done little to shift broader sentiment or attract buyers. Kharitonov emphasizes that sellers remain in control and any recovery looks highly improbable without a decisive technical reversal. "Until DOT can reclaim the $2.867 level and register sustained buy signals, I expect continued underperformance."

Viktoras Karapetjanc, expert at Traders Union, highlights Polkadot’s major technical upgrades and new payment integrations as significant catalysts for future growth. He sees Elastic Scaling, Agile Coretime, and partnerships like Las Golondrinas Hotels driving adoption and bringing long-term value. Karapetjanc believes fundamentals remain strong, positioning Polkadot for a resilient recovery once market volatility subsides. "With the infrastructure improvements in place, I expect Polkadot to regain momentum and offer compelling setups for bullish investors."

Weak momentum persists as oversold signals emerge with high volatility

Momentum on the daily chart is weak, with MACD and ADX pointing to an ongoing downtrend and sellers firmly in control. RSI and Stoch RSI on D1 signal oversold conditions, echoed by CCI, yet BBP shows mild buy signals at daily extremes, suggesting some underlying bid interest but not enough to reverse the trend. The Awesome Oscillator confirms the bearish direction. Today’s session opened with a gap down to $2.543 from the previous close of $2.738, followed by a sharp decline of 10.96% for the day, with the price now near the lower end of its intraday range; volatility has been high and the tone continues to show pressure after the open. This negative intraday performance directly aligns with the overall bearish momentum.

Last time we reported that Polkadot finalized its major Polkadot 2.0 upgrade, introducing Elastic Scaling and several governance improvements. Momentum signals were firmly bearish, with indicators suggesting further declines were likely as highlighted in further declines likely as upside probabilities remain limited.

Source of Data: DOT Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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