Polkadot Price Prediction: Is DOT About to Soar Above $10?

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$DOT

Polkadot (DOT) saw a 7% daily price increase, exceeding the $7.50 mark, with analysts predicting further gains, potentially reaching $10 and beyond.

Analysts such as Michael van de Poppe and Block Diversity envision DOT’s next targets in the $9-$25 range, boosted by the recent introduction of the JAM whitepaper and surpassing important resistance levels.

Numerous analysts noted the asset’s rally, outlining impressive predictions for the near future. One example is the X user Crypto Thanos, who claimed that the $6-$7.50 range was “for accumulating only,” setting $10 as the next target.

Dippy.eth chipped in, too, suggesting that DOT “wants to break out” from the accumulation zone of $6.90-$7.50. In their view, reclaiming the $7.50 mark might lead to “higher levels.” Recall that the asset surpassed that mark a few hours ago and is currently trading at approximately $7.55 (per CoinGecko’s data).