Polkadot crypto just touched the bottom of a two-year wedge; every bounce from here might be explosive. However, among the new, exciting, rising chains like SUI, old ones might continue to struggle.

Polkadot’s current state seems to be one of the worst in a while. Slow activity, no innovations, and the community seems to get smaller over time. Though they still sponsor Inter Miami, their logo on Messi looks cold.

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Can Polkadot Crypto Keep Up? What Does The Chart Tell Us

Polkadot
Price
Market Cap
DOT
$5.41B
24h7d30d1yAll time

Polkadot crypto just made a strong move up! It bounced cleanly from support at 3.30 and is currently at 3.50. Chartists are calling for a short-term reversal. However, looking at this chart, DOT’s been taking a bit of a nosedive lately, but it’s showing some signs of life now.

It’s been bouncing off the 3.25–3.30 level a couple of times, so that’s a key spot to watch. If it holds here and starts pushing up, it could break that 3.70 resistance, which would open up more upside. But if it cracks below the 3.25 mark, we might see it slide down to around 3.00 or lower.

In the short term, if it can hold above 3.30 and break through that 3.55 ceiling, we might see a little rally going on, possibly up to 3.70. If it gets stuck under 3.55 and falls below 3.30, watch out; it could be back to the down moves quickly.

For the longer game, if it can clear the 3.60–3.70 range, it could push towards 4.00. But if it keeps getting rejected here and drops past 3.25, it’s looking like more of a downtrend. Keep an eye on those key levels.

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Key Takeaways



  • Polkadot could rally if it holds above $3.30 and breaks $3.55 resistance.

  • T6900’s presale is booming; act fast or miss out on massive gains.


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Ahmed Ziyad
Ahmed Ziyad
Crypto Journalist

Ahmed’s been in the crypto game since 2018, deep diving into early-stage projects and spotting trends before they blow up. Specializing in market sentiment and trading strategies that hit hard, he’s been advising private trading groups on portfolio strategies, risk... Read More

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