🚀 Polkadot (DOT) Price Update & Analysis

Current Price: $4.52 (-1.46%)

📊 Market Cap: $7.03B | 24H Volume: $616M
⚠️ Sentiment: Bearish (Fear Index: 34 – Fear)

🔹 Key Insights:

  • DOT is struggling to gain momentum, trading in a weak range.
  • Support: $3.59 
  • Resistance: $5.50
  • High inflation (57.48% yearly) is increasing supply, making price recovery harder.

📈 Price Prediction:

  • Short-term: Expected to range between $3.80 – $5.20.
  • Mid-term: A breakout above $5.50 could push it to $7–$9 if demand increases.

🚨 DOT needs strong buying pressure to break resistance. 

Watch for volume spikes and market sentiment shifts!


Comments

Popular posts from this blog

🚀 XRP Price Update – Is a Breakout Coming?

Ethereum Heading Towards $4,000:

Why Is Bitcoin Going Up? BTC Hits $97K After Buy Signal