Polkadot (DOT) Analysis: DOT Consolidates Between R&S

On the weekly chart, Polkadot is reflecting a bearish trend. The price went up to $10.63 on Jan 7, 2021, with the help of heavy buying. After breaking down the support zone, the price fell $8.86 on Jan 8, 2021, providing an overall loss of -16.65% to its investors within a day. The DOT/BTC pair is in the positive trend with a value of 0.00023292 BTC (1.60%)