Polkadot Price Extends Gains After Short Squeeze Fades
Polkadot's price has been on an upward trend after a short squeeze on September 5, which liquidated $610,000 and pushed DOT briefly above $1.03.
The RSI Divergence Indicator is currently at 65.77, marking the third bullish divergence since June, each time preceded by a reversal.
Polkadot's March supply cap cut annual token issuance by over 53%, reducing inflation to roughly 3%.