{"id":608602,"date":"2024-05-17T20:00:19","date_gmt":"2024-05-17T20:00:19","guid":{"rendered":"https:\/\/uniquehot.com\/?p=608602"},"modified":"2024-06-11T12:56:05","modified_gmt":"2024-06-11T12:56:05","slug":"polkadot-price-massive-breakout","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/polkadot-price-massive-breakout\/","title":{"rendered":"Polkadot Price On The Verge Of Massive Breakout, Can It Reach $25?"},"content":{"rendered":"

Polkadot (DOT)<\/span><\/a> has come under the spotlight with crypto analysts laying out bullish narratives for the crypto asset. One of them is <\/span>crypto expert Micha\u00ebl van de Poppe<\/span><\/a>, who believes Polkadot could rise to as high as $25 <\/span>in this bull run<\/span><\/a>.\u00a0<\/span><\/p>\n

Polkadot Could Reach $25 On Next Leg Up<\/h2>\n

Micha\u00ebl van de Poppe<\/span><\/a> mentioned in an X (formerly Twitter) <\/span>post<\/span><\/a> that Polkadot\u2019s next rally will see it climb between $20 and $25. He explained that the crypto token has seen a substantial correction in the past months, but it showed enough strength by coming back to pre-rally levels. The analyst further claimed that Polkadot has bottomed, \u201cespecially since JAM Whitepaper came out.\u201d<\/span><\/p>\n

Related Reading: PEPE Whales Go On Massive 720B Shopping Spree Amid Campaign For New ATHs, Is It Time To Get In?<\/a><\/div>\n

As such, he believes that Polkadot is more than primed for this rally, which could propel it to such heights. The crypto analyst has been a big believer in Polkadot\u2019s potential. He <\/span>previously included<\/span><\/a> Polkadot in a list of crypto tokens that he believes are undervalued. He claimed that DOT\u2019s valuation was still at a cycle low, which had opened up a \u201chuge opportunity\u201d to invest in it.\u00a0<\/span><\/p>\n

Van de Poppe is very much invested in Polkadot because of its technology. In a previous <\/span>X post<\/span><\/a>, he highlighted how the JAM (Join-Accumualte Machine) Paper, which ushered in Polkadot 2.0, would revolutionize DOT\u2019s ecosystem. He also claimed that Polkadot is the \u201csecond largest blockchain in terms of developers and growth.\u201d Therefore, he expects DOT\u2019s price to complement the team\u2019s efforts soon enough.\u00a0<\/span><\/p>\n

Meanwhile, Van de Poppe <\/span>expects<\/span><\/a> Polkadot to reach as high as $20 in the third quarter of this year. For now, he believes that the $8 and $17 range are crucial resistance levels that the crypto token must break out of to enjoy such a parabolic rally.\u00a0<\/span><\/p>\n

\"Polkadot
Source: X<\/figcaption><\/figure>\n

A More Bullish Prediction For DOT<\/h2>\n

Crypto analyst Crypto Thanos offered a more bullish prediction for <\/span>Polkadot<\/span>, stating that the crypto token climbing above $50 is \u201ceasily achievable\u201d in this <\/span>bull run<\/span><\/a>. He believes this price is attainable because he expects institutions to get interested in large caps like Polkadot. He also noted <\/span>Polkadot\u2019s collaboration<\/span><\/a> with Tie, which aims to increase institutional exposure and access.\u00a0<\/span><\/p>\n

It is worth noting that <\/span>Polkadot\u2019s all-time high (ATH)<\/span><\/a> is currently $55, which makes Thanos\u2019 prediction for the crypto token feasible. Crypto tokens are known to usually surpass their ATH in every <\/span>bull run<\/span><\/a>.\u00a0<\/span><\/p>\n

Related Reading: Why Is This Crypto Pundit Warning XRP Investors To Be At Alert For The Next 3-12 Months<\/a><\/div>\n
\"Polkadot
Source: X<\/figcaption><\/figure>\n

Crypto analyst Captain Faibik<\/span><\/a> provided insights into what to expect from Polkadot in the short term. He predicts the crypto token will record a 35% \u201cbullish rally\u201d soon enough. He said a \u201cmajor trendline breakout\/retest has already been confirmed\u201d for DOT on the four-hour timeframe chart.\u00a0<\/span><\/p>\n

At the time of writing, Polkadot is trading at around $7.11, up over 2% in the last 24 hours, according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n

\"Polkadot
DOT bulls reclaim control | Source: DOTUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Polkadot (DOT) has come under the spotlight with crypto analysts laying out bullish narratives for the crypto asset. One of them is crypto expert Micha\u00ebl van de Poppe, who believes Polkadot could rise to as high as $25 in this bull run.\u00a0 Polkadot Could Reach $25 On Next Leg Up Micha\u00ebl van de Poppe mentioned in an X (formerly Twitter) post that Polkadot\u2019s next rally will see it climb between $20 and $25. He explained that the crypto token has seen a substantial correction in the past months, but it showed enough strength by coming back to pre-rally levels. The analyst further claimed that Polkadot has bottomed, \u201cespecially since JAM Whitepaper came out.\u201d Related Reading: PEPE Whales Go On Massive 720B Shopping Spree Amid Campaign For New ATHs, Is It Time To Get In? As such, he believes that Polkadot is more than primed for this rally, which could propel it to such heights. The crypto analyst has been a big believer in Polkadot\u2019s potential. He previously included Polkadot in a list of crypto tokens that he believes are undervalued. He claimed that DOT\u2019s valuation was still at a cycle low, which had opened up a \u201chuge opportunity\u201d to invest in it.\u00a0 Van de Poppe is very much invested in Polkadot because of its technology. In a previous X post, he highlighted how the JAM (Join-Accumualte Machine) Paper, which ushered in Polkadot 2.0, would revolutionize DOT\u2019s ecosystem. He also claimed that Polkadot is the \u201csecond largest blockchain in terms of developers and growth.\u201d Therefore, he expects DOT\u2019s price to complement the team\u2019s efforts soon enough.\u00a0 Meanwhile, Van de Poppe expects Polkadot to reach as high as $20 in the third quarter of this year. For now, he believes that the $8 and $17 range are crucial resistance levels that the crypto token must break out of to enjoy such a parabolic rally.\u00a0 A More Bullish Prediction For DOT Crypto analyst Crypto Thanos offered a more bullish prediction for Polkadot, stating that the crypto token climbing above $50 is \u201ceasily achievable\u201d in this bull run. He believes this price is attainable because he expects institutions to get interested in large caps like Polkadot. He also noted Polkadot\u2019s collaboration with Tie, which aims to increase institutional exposure and access.\u00a0 It is worth noting that Polkadot\u2019s all-time high (ATH) is currently $55, which makes Thanos\u2019 prediction for the crypto token feasible. Crypto tokens are known to usually surpass their ATH in every bull run.\u00a0 Related Reading: Why Is This Crypto Pundit Warning XRP Investors To Be At Alert For The Next 3-12 Months Crypto analyst Captain Faibik provided insights into what to expect from Polkadot in the short term. He predicts the crypto token will record a 35% \u201cbullish rally\u201d soon enough. He said a \u201cmajor trendline breakout\/retest has already been confirmed\u201d for DOT on the four-hour timeframe chart.\u00a0 At the time of writing, Polkadot is trading at around $7.11, up over 2% in the last 24 hours, according to data from CoinMarketCap.\u00a0 Chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":608612,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[167,6664,26263,14690,83457,92320,86493,82444,82445,9753,92129,86465],"class_list":["post-608602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-dot","tag-dot-news","tag-dot-price","tag-dotusd","tag-dotusdt","tag-polkadot","tag-polkadot-news","tag-polkadot-price"],"acf":[],"yoast_head":"\nPolkadot 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Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Polkadot Price On The Verge Of Massive Breakout, Can It Reach $25?","url":"http:\/\/uniquehot.com\/news\/polkadot-price-massive-breakout\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/polkadot-price-massive-breakout\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/05\/Polkadot.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/05\/Polkadot.jpeg?fit=1792%2C1024"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","crypto","crypto analyst","crypto news","dot","dot news","dot price","dotusd","dotusdt","polkadot","polkadot news","polkadot price"],"dateCreated":"2024-05-17T20:00:19Z","datePublished":"2024-05-17T20:00:19Z","dateModified":"2024-06-11T12:56:05Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Polkadot Price On The Verge Of Massive Breakout, Can It Reach $25?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/polkadot-price-massive-breakout\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/polkadot-price-massive-breakout\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/Polkadot.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/Polkadot.jpeg?fit=1792%2C1024\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"dot\",\"dot news\",\"dot price\",\"dotusd\",\"dotusdt\",\"polkadot\",\"polkadot news\",\"polkadot price\"],\"dateCreated\":\"2024-05-17T20:00:19Z\",\"datePublished\":\"2024-05-17T20:00:19Z\",\"dateModified\":\"2024-06-11T12:56:05Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/05\/Polkadot.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/608602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=608602"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/608602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/608612"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=608602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=608602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=608602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}