Will DOT Hit $10 This Month?
DOT price reclaims $8 with an intraday jump of ~29%.
RSI breaches the overbought range in the daily time frame.
Sustained bullish action could push DOT toward $10.
With Bitcoin nearing $100k, the crypto market remains bullish, boosting altcoin portfolios. Polkadot has reclaimed $8, marking a strong recovery.
DOT Price Soars 88% This Week
The DOT price has surged 28.59% in 24 hours, with a trading volume of $1.722 billion. Over the past week, it rose 45.92%, accumulating an 88.51% increase in the last 30 days.
Technical Overview
RSI: Surpasses overbought levels, signaling strong buying pressure.
SMA: Continues to support DOT, indicating a positive trend.
Will Polkadot Hit $10?
Bullish Scenario: Sustained momentum could test resistance at $9.91.
Bearish Scenario: A reversal might retest support at $6.575, potentially dropping to $5.
For long-term prospects, check Coinpedia’s Polkadot Price Prediction and subscribe for updates!
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