FX.co ★ Could Polkadot continue the path to its support level? Friday, August 01, 2025.

Polkadot – Friday, August 01, 2025.

Sellers are quite dominant in the Polkadot cryptocurrency, as confirmed by the Death Cross EMA position and the RSI(14) indicator in Extreme Bearish conditions, potentially exposing it to pressure throughout the day.

Key Levels

1. Resistance 2: 3.9832.

2. Resistance 1: 3.8579.

3. Pivot: 3.7853.

4. Support 1: 3.6600.

5. Support 2: 3.5874.

Tactical Scenario

Pressure Risk Zone: If the price breaks down and closes below 3.6600, Polkadot will continue its decline to 3.5874.

Momentum Extension Bias: If 3.5874 is successfully broken and closes below it, Polkadot has the potential to continue its decline to 3.4621.

Invalidation Level / Bias Revision

Downside bias is maintained if the price suddenly strengthens to 3.9832.

Technical Summary

EMA(50): 3.7750.

EMA(200): 3.9010.

RSI(14): 24.34.

Economic News Release Agenda:

Tonight, there are significant data releases from the United States: US Non-Farm Payrolls and US Unemployment Rate at 19:30 WIB.