- Polkadot (DOT) is a major support area near $ 4.40, with momentum indicators showing early signs of a bullish trend.
- If the Dot EMA scanned 50 days, and its momentum is strengthened, the price price may return between $ 6.10 and $ 16.00 to play.
Polkadot (Dot) hovers around the main price area that caught the attention of technical merchants. After long -term support is between $ 3.90 and $ 4.40, DOT shows signs that it may be ready to climb again. Merchants closely monitor the indicators of common plans such as RSI, MACD and EMA – which all began to compatible in ways indicating a potential movement.
The bullish signals indicate the surface
DOT is currently trading 5.10 dollarsIncreasing more than 9 % over the past 24 hours – a strong start to feed optimism. RSI, which measures the extent of the distinctive negotiation or excessive symbol, is currently sitting in 78 years. This level usually indicates that the original may be excessive, but in this case, this is a sign of a strong buyer’s momentum than high temperature.
The most interesting thing is the “bullish difference” on the plans. While the price of DOT has decreased early, the relative strength index started with a higher crawl – a classic setting that often indicates a change in direction. Moreover, the MACD – which is used to track momentum – appears to be about to cross into bullish lands. If this happens, it may raise another mass. The last time this setting was played, the DOT has increased more than 80 %.
For moving averages, DOT is still less than 50 days of EMA (about $ 4.40), but it managed to stay over EMA for 200 days, which is the main level that works as a starting point to jump prices in the past. If the DOT is broken above the 50-day mark, it can scan a path to the higher-$ 6.10 goals, then $ 7.90.
Support is still sound, but buyers need to be applied
DOT was stuck in a declining channel on the daily chart, but the bottom of that channel -3.90 dollar-has proven a solid floor. The trading volume increased at this level, indicating that some of the big players may buy quietly.
However, the momentum does not exist. ADX, which is a tool used to measure trend strength, sits less than 20, which means that DOT does not yet have the power behind it due to the complete collapse. The bulls will want to see this number calls to 25 years, especially if the price wipes EMA for 50 days. If these pieces fall in place, we can consider targets like $ 7.90 and $ 11.00 and up to $ 16.00 based on previous resistance areas and Fibonacci levels.
But there is the side of the face. If DOT slips to less than $ 3.80, the current structure will collapse, and we can look at a decrease of about 3.00 dollars or even $ 2.62, which is called by some of the Haboodi models.
The point climbs, but the macro signals remain mixed
While short -term plans tend to recover, long -term predictions are more mixed. Some analysts expect the average DOT to reach about $ 2.62 in 2025, while others believe that it may rise to $ 25 or more by 2030, depending on the amount of Bolkadot’s gains in the broader encryption space.
The data on the series adds some nuances. Daily on the network is fixed, and the exciting participation witnessed a slight rise – good marks. However, the recent slowdown in developers activity raised questions about whether Bolkadot can remain able to compete against other classes that move quickly.
Beyond the DOT ecosystem, there are other playing powers. The interest rates and economic policy and how the bitcoin coin in the coming months affect the DOT path forward. The shift in the appetite of global risks can raise the Altcoin market, and Bolkadot with it.
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