- Polkadot (DOT) has bounced off a major zone support near $ 4.40, with momentum indicators showing the early signs of a bullish trend.
- If the DOT removes the 50-day EMA and the momentum reinforces, price targets between $ 6.10 and $ 16.00 can return to play.
Polkadot (DOT) walks around a major price zone that caught the attention of technical entrepreneurs. After bouncing long support between $ 3.90 and $ 4.40, the DOT shows signs that it may be willing to climb again. Entrepreneurs are observing popular chart indicators such as RSI, MacD, and EMA – all of which are beginning to align in ways that indicate a potential move upward.
Bullish signal starting on the surface
Dot is currently trading $ 5.10Up to 9% in the past 24 hours – a strong start of fuel -optimization. The Kaba -Child Index of Strength (RSI), which measures how to overcome or over -to -token, which is currently sitting at 78. That level usually suggests that the owner is overwhelming, but in this case, it is a more sign of the consumer's strong momentum than over -warming.
More interesting is the “bullish divergence” in the charts. As the DOT price dropped earlier, the RSI began to creep higher – a classic setup that often indicated a change in direction. At the top of that, the MACD indicator – used to monitor momentum – as if it was about to cross the bullish territory. If that happens, it can spark another rally. The last time this setup was played, Dot advanced more than 80%.
As for moving averages, the DOT is still below the 50-day EMA (around $ 4.40), but managed to stay above the 200-day EMA, a major degree to act as a springboard for price jumps in the past. If the DOT destroys above the 50-day mark, it can clear a path to higher targets-early $ 6.10, then $ 7.90.
Support is still intact, but buyers have to climb
The DOT is stuck on a down-sloping channel on the daily chart, but the bottom of that channel-around $ 3.90-has proven solid soil. The amount of trade at this level has increased, suggesting that some large players can buy quietly.
However, momentum is lacking. The ADX, a tool used to measure the force of the trend, sits below 20, which means that the force behind it is not yet for a full blown. Bulls want to see the number climb over the past 25, especially if the price removes 50-day EMA. If the pieces fall into the area, we can look at targets such as $ 7.90, $ 11.00, and even $ 16.00 based on previous resistance zones and Fibonacci levels.
But there is a flip side. If the DOT slipped below $ 3.80, the current structure would be destroyed, and we could look at a drop towards $ 3.00 or even $ 2.62, called some bearish models.
Dot climbers, but macro signals remain mixed -halong
While short-term charts lean towards a recovery, long-term forecasts are more mixed. Some analysts expect the DOT to average around $ 2.62 in 2025, while others believe it may increase to $ 25 or more than 2030, depending on how much traction Polkadot has gained in the broader crypto space.
On-chain data adds some nuance. The day -to -day activities in the network are stable, and the participation of staking has seen a bit of analysis -both good signs. However, a recent slowing down in the developer activity raised questions about whether Polkadot could remain competitive against other layer-1 blockchain that moves quickly.
Beyond the DOT ecosystem, there are other game forces. Interest rates, economic policy, and how Bitcoin plays in the coming months will all DOT paths affect. A move to global appetite at risk can lift the Altcoin market, and Polkadot along with it.
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