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":"\n
Polkadot Price On The Verge Of Massive Breakout, Can It Reach $25?<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n