Prices of Polkadot token (DOT) are showing signs of strength, attracting the attention of traders and analysts. An increase in trading volume is expected to lead to breakouts at key levels.
DOT Price Movement Strength and Short-Term Forecasts
Today, the DOT price stands at $3.77, with a market cap of $6.10 billion and a daily trading volume of $307.28 million.
Recent analysis has indicated that on the 4-hour chart, the token has broken above a falling trendline, hinting at a near-term rally. One analyst notes that there is a target set around $4.40, which could imply a 19% increase if momentum is maintained.
Long-Term Potential of Polkadot
From a long-term forecast perspective, Polkadot also shows promising prospects. An analyst highlights that the token remains undervalued compared to its previous peak prices. In late 2021, the DOT price reached $54, while it is now significantly lower. Some traders believe that if accumulation continues, testing of the previous all-time high could be on the table by the first half of 2026.
Summary
With growing interest in Polkadot and increasing trading volumes, current forecasts represent a blend of short-term and long-term opportunities for investors. It is anticipated that in the coming month, the DOT price could reach $5.50 with potential growth up to $10 by the end of 2025.
Analysis of current market trends indicates steady interest in Polkadot. Continued increases in trading volumes and favorable market conditions may contribute to achieving higher price levels in both the short and long term.
