Polkadot dropped for a second straight session on Tuesday, as the token failed to break out of a key resistance level. This move saw the cryptocurrency fall by nearly 10%, as the global market cap was mainly in the red. Cronos, however, managed to rally despite this, hitting an almost seven-week high in the process.
Polkadot (DOT) was one of today’s notable tokens to fall, as global crypto markets were predominantly in the red.
DOT/USD dropped for a second consecutive day, leading prices to a floor of $7.70 earlier in Tuesday’s session.
The move comes less than two days after the token was trading at a high around $9.23, which was the highest level for DOT since June 10.
However, following this