Overview

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Polkadot (DOT) has confirmed a major trendline breakout on the 4-hour timeframe chart. This technical development has sparked discussions about the potential Polkadot (DOT) rebounds to $5.26 amid triple bottom pattern, signaling a potential 120% surge to $11.60. ETF applications from 21Shares and Grayscale could attract With the recent surge, Polkadot is positioned to test several critical price levels: $8 to $10 Range: The next major resistance lies here, and breaking past this range As of this writing, Polkadot traded at $5.31 after breaking out of its falling wedge pattern formation. Despite a high trading volume, DOT bulls must keep the uptrend Polkadot (DOT) has confirmed a major trendline breakout on the 4-hour timeframe chart. This technical development has sparked Hace 20 horas Polkadot price prediction: Learn how parachain upgrades, DeFi growth, and ecosystem sentiment impact DOT’s value and what the crypto community expects. Polkadot (DOT) has emerged as a focal point in the cryptocurrency market, witnessing a notable price increase in recent days. This uptick comes amidst a broader market Polkadot (DOT) has confirmed a major trendline breakout on the 4-hour timeframe chart. Analyst forecasts 35% surge.

Polkadot (DOT) Poised for 35% Surge by May End? Major Trendline Breakout Confirmed!

Polkadot (DOT) has emerged as a focal point in the cryptocurrency market, witnessing a notable price increase in recent days. This uptick comes amidst a broader market rally and significant technical developments. Is a substantial surge on the horizon? Analyst forecasts a 35% surge.

Polkadot Confirms Major Breakout

Polkadot (DOT) has confirmed a major trendline breakout on the 4-hour timeframe chart. This technical development has sparked significant attention, indicating a potential shift in momentum. Further reinforcing this bullish outlook, As of this writing, Polkadot traded at $5.31 after breaking out of its falling wedge pattern formation. Despite a high trading volume, DOT bulls must keep the uptrend.

Polkadot (DOT) Rebounds and Potential Targets

The breakout fuels optimism for further gains. Polkadot (DOT) rebounds to $5.26 amid triple bottom pattern, signaling a potential 120% surge to $11.60. This is a key level to watch. However, shorter-term projections suggest a more immediate target. Analyst forecasts 35% surge by May end.

Key Resistance Levels Ahead

With the recent surge, Polkadot is positioned to test several critical price levels: $8 to $10 Range: The next major resistance lies here, and breaking past this range will be crucial for confirming the bullish trajectory.

Factors Influencing Polkadot's Price

Several factors could be driving Polkadot's recent positive performance. Polkadot price prediction: Learn how parachain upgrades, DeFi growth, and ecosystem sentiment impact DOT’s value and what the crypto community expects. Moreover, ETF applications from 21Shares and Grayscale could attract significant institutional investment, further boosting the price.

Conclusion

The confirmed trendline breakout coupled with positive market sentiment suggests that Polkadot (DOT) is well-positioned for further gains. While a 35% surge by May end is a potential scenario, careful monitoring of key resistance levels and overall market conditions is essential for making informed investment decisions. Keep an eye on Polkadot (DOT) has confirmed a major trendline breakout on the 4-hour timeframe chart. This technical development has sparked.

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