2x Rise Target Given for Ethereum Rival Altcoin Price!
Popular analyst Michaël van de Poppe gave a price target for Polkadot (DOT).
Michaël van de Poppe reviewed DOT in his May 21 X post. Stating that the data on DOT has revived after a long-term horizontal course, Poppe pointed to $18.
Stating that DOT's correlation with Ethereum may include the price in upward momentum, the analyst warned investors to follow this chart closely:
Polkadot has retested at critical levels and is slowly waking up. Considering the Polkadot 2.0 releases, the JAM whitepaper, and its correlation with Ethereum, I expect a lot from this project. The next target is probably $18.
According to CoinGecko data, DOT, which has lost 3.8% in value in the last 24 hours, is traded at $ 7.18 at the time of writing.