Polkadot price analysis: Dot struggles at $30, can bulls breakthrough $32 resistance?

TL;DR Breakdown Polkadot price analysis is bullish today.Strong support is present at $26.Strong resistance is found at $34. The Polkadot price analysis for today shows a bulls rally attempting the $32 resistance mark. DOT/USD price has returned to the $32 level at the time of writing as bulls carry the lead. DOT bulls are aiming $34 for the fourth time during the month of September; DOT succeeded once and got rejected twice from the said level during the month. Some interesting bullish indications are also happening, which we will discuss below. Overall the broader cryptocurrency market remained bullish for the last 24 hours as Bitcoin, Ethereum, and top altcoins observed improvements. Ripple and Solana observed nine and 15 percent improvement, while Polkadot gained 17 percent value, whereas Terra is the top performer gaining a 28 percent value over the last 24 hours. DOT/USD 1-day price chart: Is $32 resistance easy for DOT bulls to break through? The 1-day price chart for Polkadot price analysis shows bulls are marching towards the $34 resistance, but some selling pressure is still there at the $34 mark, as traders who purchased assets after the price drops may sell due to the fear of another price drop, which may cause a short-term downtrend. DOT/USD 1-day price chart. Source: Tradingview The supporting indications for DOT/USD bullish move are the Moving average (MA) and Bollinger bands average traveling down towards...