DOT Price Prediction: Rising in the Short Term
Polkadot’s price is currently moving within a descending channel, attempting a breakout every few days. A descending channel is a chart pattern characterized by a series of lower highs and lower lows. It generally indicates a bearish trend, with prices moving downwards between parallel lines.
According to the pattern, a breakout could see the altcoin rise another 6%, pushing it above $6.3. The market supports this outcome, and if DOT is able to capitalize on this, further growth is possible.
