Polkadot Price Analysis: Why DOT Might Be Turning the Tide
After sliding nearly 12% this week, polkadot price analysis reveals a few promising signs that DOT could be gearing up for a rebound. At $3.61‑$3.67, the token is showing resilience in key areas that hint at stabilization or even upside.
4 Signals Driving Polkadot’s Potential Bounce
- Strong Support Around $3.60
DOT held firm at $3.60 today, closing the gap from yesterday’s low of $3.35. That level has acted as a floor multiple times—indicating buyers are present at current prices. - Volume Spike on Bounce
The daily trading volume surged to approximately $237 million—well above the 7‑day average—during the latest rebound. That uptick shows real buyer interest, not just random volatility. - On‑Chain & Ecosystem Momentum
DOT remains a core player in Web3 interoperability with over 57 active exchanges, 1.59B circulating supply, and full support for parachain projects. Upcoming upgrades like Elastic and network staking continue attracting developer attention. - Technical Patterns Hint at Range Bound Recovery
Polkadot is trading between support at $3.60 and resistance near $3.78–$3.85. If DOT can hold that lower band and reclaim the mid‑range, we may see a move back toward $4.10–$4.20.
Quick Take:
Polkadot’s price analysis today shows stabilization around the $3.60 mark with healthy volume and ecosystem catalysts in play. A sustained move above $3.80–$3.85 could pave the way back toward $4.20–$4.50. But a break below support might send DOT toward $3.40. With network upgrades heating up, this zone will be critical for DOT’s next phase.
YOU MIGHT ALSO LIKE: Parataxis to Acquire Bridge Biotherapeutics for $18M, Plans Korea’s First Bitcoin Treasury Firm
