The last price for one Polkadot coin is $5.43. It has increased by 6% in the last 24 hours. 50% of the days the DOT price closed above opening. The highest price ever recorded in our database for one DOT is $53.31, which was 8 days ago, and the current price has fallen by -89.82% from that peak.
Out of 17 technical indicators, 12 are buy signals and 5 are sell signals, indicating a bullish sentiment for the short term based on price technical analysis. The first major resistance of the upward trend for DOT is at $6.09, it needs to close above this level to continue moving up, and the lower support is at $4.40. Thus, if the price falls below $4.40, we may see the price go even lower. On the other hand, if it can close above the $6.09 level, it can rise to the next resistance level at $7.40.
The 14-day Relative Strength Index (RSI) currently stands at 71.41, indicating overbought conditions; overbought signals that the price may fall in the near future. On the weekly chart, the RSI is at 38.65, indicating a natural state.
On the daily chart, the exponential moving averages show a bullish signal. The Polkadot price is currently above all 10, 20, 50, 100, and 200-day EMAs.
Historically, the DOT price on the last day of November has been above the opening price three times out of 5, and twice out of 5 the price was below the price at the beginning of the month. The best month for Polkadot has been October over the last five years, where the DOT price at the end of October was above the price at the beginning of the month three times. The worst month is September, where four times out of 5 the price at the end of September was below the starting price. Check monthly statistics for more details.
Polkadot had one bullish run, which was in November 2021, when Polkadot reached $54.87. It has been 1105 days since then.
According to our Polkadot price forecast, the DOT price could reach $6.40 within the next 10 days, and for the long-term price forecast for 2025, it will be $79.14, and the forecast for 2030 is $167.71. Going even further, considering all previous peaks and forecasts for lower timeframes, the forecast for 2040 will be $555.36.
The Polkadot price forecast for 2024 is $-5.88E+0. This is the maximum price we expect DOT to reach by the end of this year, and the minimum is $43.30, so we expect the price to range between $43.30 and $-5.88E+0.
The Polkadot price forecast for next year, 2025, is $79.14. This is the maximum we predict for DOT, while the minimum price is $54.78.
