3 weeks ago
Strong selling unit overwhelmed affirmative Coinbase integration quality arsenic the intelligence $1.90 level failed to hold.
Dec 17, 2025, 5:28 p.m.
DOT$1.8311 crashed done captious enactment Wednesday, tumbling 3% to $1.83 arsenic method selling overwhelmed bullish USDC integration news.
DOT broke decisively beneath the intelligence $1.90 level contempt Coinbase (COIN) announcing nonstop Polkadot web support.
Heavy organisation emerged during the last 2 trading hours, according to CoinDesk Research's method investigation model, arsenic the token collapsed from $1.93 to $1.82 and stop-losses cascaded done aggregate enactment zones.
The exemplary showed that measurement spiked to 9.47 cardinal tokens, oregon 340% supra the 24-hour average.
This surge confirmed organization organisation astatine the $1.95 level, the exemplary said.
The breakdown established wide bearish momentum with little highs from the $1.92 peak, according to the model.
Wider crypto markets besides fell. The CoinDesk 20 scale was 2% little astatine work time.
Technical Analysis:
- Primary enactment established astatine $1.82 request portion aft $1.90 intelligence level failed
- Resistance present sits astatine breached $1.90 level, with secondary obstruction astatine $1.95 rejection point
- Breakdown measurement astatine 340% of 24-hour mean confirmed organization distribution
- Descending transmission formed from $1.92 precocious done $1.90 enactment break
- Lower highs operation established bearish intermediate-term bias
- Failed breakout supra $1.95 created double-top enactment risk
- Immediate absorption astatine $1.90 indispensable clasp arsenic enactment connected immoderate betterment attempt
- Downside hazard extends toward $1.75-1.80 portion if existent enactment fails
- Recovery supra $1.95 needed to negate bearish method operation and resume uptrend
Disclaimer: Parts of this nonfiction were generated with the assistance from AI tools and reviewed by our editorial squad to guarantee accuracy and adherence to our standards. For much information, spot CoinDesk's afloat AI Policy.
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