DOT Sinks 2% After Breaking Key Support

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email 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 $ 1.9823 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 By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . 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 Insights Polkadot Technical Analysis More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus 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 By CD Analytics , Oliver Knight 9 minutes ago 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. 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