Polkadot (Dot) returned to the radar after the analyst from the Crypto Patel analyst (previously Twitter) tours. Currently, the DOT price sits on a 4 -dollar sign and it appears to be fixed in a well -known accumulation area that has seen work in previous sessions.
In a tweet, Crypto Patel pointed to a range of $ 3.50 – $ 4.50 as a major request zone. While many merchants may have lost their attention during the movement of the sides, it suggests that the long -term players are still loaded quietly. He also suggested that this type of preparation may often come before great moves in the previous market courses, and perhaps put the road to run to 50 dollars.
Historical support and market behavior
The weekly scheme of the Dot PRICE, published by Crypto Patel, extends from early 2021 to expectations expected 2026. It reveals a fixed price behavior near the 3.50 – 4.50 dollars. This region worked as strong support in multiple periods: 2022, 2023 and early 2025, where price repercussions were observed.
This green accumulation is called the “historical demand zone” in a tweet and is in line with the main prices that were seen during the asset life cycle. The DOT price plan also determines a pre -established resistance level at about $ 7.50, which has since turned into a possible support zone after collapse.
Point resistance levels and chart structure
The graph defines two resistance areas. The first, near the scope of $ 10-11.50, showed the rejection of Polkadot’s prices in mid-2013 and early 2024. This level must be exceeded in order to continue the ups. The second resistance is at $ 50, which is the highest level of assets.
The declining direction from 2021 to 2024 involves the outbreak in mid -2013, then a successful re -test in early 2025. The penetration shape, along with the double -bottom pattern that consists between 2023 and 2025, is consistent with the ups of the upscale reflection.
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In addition, the chart determines a potential upward trend since early 2025. The green arrow offers an equivalent transfer from the level of $ 4.25 to $ 50. This projection indicates a profit of more than 1000 %, echoing the market courses that were seen during the previous bull periods.
The tweet of this scenario is enhanced by referring to the periodic nature of the market and the strategic situation of the long -term investors during the low morale.
Bulkadot market morale and artistic locations
The most widespread The Dot Price market reflects prolonged monotheism And reduce the interest in retail. However, the current technical preparation indicates that the original maintains the main structural support during the formation of bi -up patterns.
Crypto Pateel analysis provides an organized overview of price movement, resistance levels, and expected growth, based on historical performance indicators and plans indicators. The scenario still depends on the conditions of the broader market and the continuous commitment to the expected technical path.
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