Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail DOT Sinks 2% After Breaking Key Support Th Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail DOT Sinks 2% After Breaking Key Support Th

DOT Sinks 2% After Breaking Key Support

2025/12/13 01:16
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

DOT Sinks 2% After Breaking Key Support

The Polkadot token erased earlier gains amid elevated volume, falling from a high of $2.09 to $1.97.

By CD Analytics, Will Canny|Edited by Oliver Knight
Updated Dec 12, 2025, 5:16 p.m. Published Dec 12, 2025, 5:16 p.m.
DOT sinks 2% after breaking key support.

What to know:

  • DOT collapsed through ascending trendline support around the $2.05 level on a massive 284% volume surge.
  • The token broke decisively below the support level to trade 2% lower over the last 24 hours.

DOT$1.9735 suffered a technical breakdown during Friday's session as the token plunged from a high of $2.09 to $1.97, erasing its previous rally momentum.

The decline occurred on heavy volume that reached 284% above normal levels, according to CoinDesk Research's technical analysis model.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up

The model showed that the token broke support at $2.05 as selling pressure intensified throughout the period.

The breakdown accelerated on volume of 10.3 million tokens, confirming the violation of ascending trendline support that anchored the recent bullish structure, according to the model.

Multiple tests of the $2.05 level established this zone as key resistance before the collapse undermined technical foundations.

Price action revealed a violent rejection from higher levels as DOT forms an ascending channel from $2.01 to $2.09 before encountering massive selling, the model said.

Wider crypto markets also fell, with the CoinDesk 20 index lower by 0.6% at publication time.

Technical Analysis:

  • Primary support holds $1.95 psychological level after $2.05 breakdown
  • Immediate resistance forms at $1.985 following failed recovery attempts
  • Critical ascending trendline support violated during breakdown
  • Exceptional 10.3 million volume marks 284% surge above 24-hour average
  • Peak hourly volume of 995K represents 400% above session baseline
  • Elevated volume confirms technical breakdown rather than questions validity
  • Ascending channel from $2.01-$2.09 completes with violent rejection
  • Consolidation range of $1.95-$2.01 contains current price action
  • Downside target approaches $1.90 if $1.95 support fails to hold
  • Recovery requires reclaim of $2.00 resistance with volume confirmation

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

AI Market InsightsPolkadotTechnical Analysis

More For You

Protocol Research: GoPlus Security

Commissioned byGoPlus

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

Hedera Tumbles 4% as Altcoins Continue to Suffer

Hedera's native token retreated from resistance levels as institutional volume surged during key reversal hour.

What to know:

  • HBAR dropped from $0.1291 to $0.1247, breaking critical support on exceptional volume.
  • Flash crash occurred at 15:00 UTC with 175% above-average trading activity.
  • Token stabilized near $0.1235 as buyers emerged at technical support levels.
Read full story
Latest Crypto News

Hedera Tumbles 4% as Altcoins Continue to Suffer

Five Crypto Firms Win Initial Approvals as Trust Banks, Including Ripple, Circle, BitGo

Bitcoin Plunges Below $90K as AI Worries Drag Nasdaq, Crypto Stocks Down

Pakistan, Binance Sign MOU to Explore Tokenization of $2B in State Assets: Reuters

Prediction Markets Are Coming to Phantom's 20M User Via Kalshi

Most Influential: Changpeng “CZ” Zhao

Top Stories

Five Crypto Firms Win Initial Approvals as Trust Banks, Including Ripple, Circle, BitGo

Bitcoin Plunges Below $90K as AI Worries Drag Nasdaq, Crypto Stocks Down

U.S. SEC Gives Implicit Nod for Tokenized Stocks

Most Influential: Tom Lee

Ripple Payments Lands First European Bank Client in AMINA

YouTube Now Allows U.S. Content Creators to Get Paid in PayPal’s Stablecoin: Fortune

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Crypto-Fueled Rekt Drinks Sells 1 Millionth Can Amid MoonPay Collab

Crypto-Fueled Rekt Drinks Sells 1 Millionth Can Amid MoonPay Collab

The post Crypto-Fueled Rekt Drinks Sells 1 Millionth Can Amid MoonPay Collab appeared on BitcoinEthereumNews.com. In brief Rekt Brands sold its 1 millionth can of its Rekt Drinks flavored sparkling water. The Web3 firm collaborated with payments infrastructure company MoonPay on a peach-raspberry flavor called “Moon Crush.” Rekt incentivizes purchasers of its drinks with the REKT token, which hit an all-time high market cap of $583 million in August. Web3 consumer firm Rekt Brands sold its 1 millionth can of its Rekt Drinks sparkling water on Friday, surpassing its first major milestone with the sold-out drop of its “Moon Crush” flavor—a peach raspberry-flavored collaboration with payments infrastructure firm MoonPay.  The sale follows Rekt’s previous sellout collaborations with leading Web3 brands like Solana DeFi protocol Jupiter, Ethereum layer-2 network Abstract, and Coinbase’s layer-2 network, Base. Rekt has already worked with a number of crypto-native brands, but says it has been choosy when cultivating collabs. “We have received a large amount of incoming enquiries from some of crypto’s biggest brands, but it’s super important for us to be selective in order to maintain the premium feel of Rekt,” Rekt Brands co-founder and CEO Ovie Faruq told Decrypt.  (Disclosure: Ovie Faruq’s Canary Labs is an investor in DASTAN, the parent company of Decrypt.) “We look to work with brands who are able to form partnerships that we feel are truly strategic to Rekt’s goal of becoming one of the largest global beverage brands,” he added. In particular, Faruq highlighted MoonPay’s role as a “gateway” between non-crypto and crypto users as a reason the collaboration made “perfect sense.”  “We’re thrilled to bring something to life that is both delicious and deeply connected to the crypto community,” MoonPay President Keith Grossman told Decrypt.  Rekt Brands has been bridging the gap between Web3 and the real world with sales of its sparkling water since November 2024. In its first sale,…
Paylaş
BitcoinEthereumNews2025/09/20 09:24