Unstaked Hits $10.4M Presale: Insights on Polkadot Support & Ethereum Outlook
The post Unstaked Hits $10.4M Presale: Insights on Polkadot Support & Ethereum Outlook appeared on BitcoinEthereumNews.com.
Unstaked has achieved a major milestone by raising over $10.4 million during its presale, demonstrating strong market sentiment in its advanced approach to decentralized AI and community enhancement. The project’s ecosystem centers on deploying autonomous AI agents capable of managing, promoting, and organically expanding communities across major social platforms like Twitter and Telegram. This accomplishment highlights Unstaked’s credibility and its potential to influence broader blockchain and digital asset markets. By integrating cutting-edge AI technology, the platform aims to democratize access to decentralized influence, allowing anyone to participate in shaping digital communities without technical barriers. As the ecosystem continues to develop, key assets like Polkadot (DOT) and Ethereum (ETH) are at critical technical levels, which could significantly impact their near-term movements and the overall sentiment in the market. Polkadot (DOT) Support Zones Polkadot (DOT) is currently stabilizing after a significant decline, having shed 22% of its value since May 18, falling from over $5 to around $3.58. This level aligns with previous support tested on April 8, forming a potential local bottom. Despite this, a strong rebound appears unlikely as DOT remains within a descending channel, with resistance at the upper boundary of this trendline. Technical indicators, including the Awesome Oscillator below zero and a bearish RSI, suggest continued downward momentum. On the 4-hour chart, MACD has turned negative, indicating increased selling pressure, reinforced by the Supertrend indicator’s bearish position. Short-term targets point to support around $3.32; failure to defend this level could see further declines below $3. Conversely, a decisive breakout above the channel’s resistance could propel DOT toward $4.58, potentially reversing the bearish outlook. Overall, DOT remains under pressure, with limited upside potential unless key resistance levels are broken convincingly. Ethereum (ETH) Technical Setup Ethereum (ETH) is trading around $2,518, showing a slight intraday drop of 0.34% as bulls…
