Polkadot's price has declined by 7.61% to $1.093, dropping below its short- and medium-term moving averages but still above long-term support levels.
Momentum indicators remain bearish, suggesting strong selling pressure with a potential near-term corrective bounce.
The predicted price range for Polkadot is between $1.041 and $1.166, with an 78% probability of further downside versus 22% for an upward move.
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