#MarketRebound Analysis of Polkadot prices today (December 12, 2024)

The current price of Polkadot (DOT) is $7.27, the price has increased by +5.48% in the last 24 hours. Currently, DOT is available on 57 exchanges, and in the last 24 hours, 53,851,866 DOT coins were traded, totaling $391,751,068 in trading volume.

Today, Polkadot (DOT) opened at $7.38. This is -1.36% lower than the opening price. From the maximum price over the last 30 and 7 days, its value has decreased by -36.89% and -20.70%, while from the minimum recorded price over the same period, it has increased by 19.39%.

According to our analysis, DOT needs to stay above $6.09 to potentially move towards the first important resistance level at $7.40. A breakout above $7.40 could lead to an increase in DOT to the next resistance level at $9.25. The third resistance is at $10.48.

If the price falls, the first support level to watch is $6.09. If this level does not hold, further decline to the next support level at $5.02 is possible.