Polkadot Price Prediction - DOT Forecast

coin image

Polkadot DOT

12
Coin
$6.870.19%

Low (24h)

$6.54

$6.96

Polkadot Price Analysis:

According to our current Polkadot price prediction, the value of Polkadot will increased by 217.41%, reaching $23.95 by end of 2025. All technical indicators indicate that the current sentiment is Neutral, while the Fear & Greed Index is reading 0, which means extreme fear. Our Polkadot forecast, it's Hold Polkadot right now.

On February 9, 2023, almost all technical analysis indicators signalled bullish signals, while other indicators signalled bearish signals, indicating a general Neutral sentiment among Polkadot price predictions.

See the exact Polkadot price prediction below; you will know how much Polkadot is worth in the coming months and years.

Over the last 30 days, Polkadot has increased by 40.67%. Due to this, we can get except a slight recovery in the coming month.

By the end of February, the value of Polkadot increased by 112.17% and reached near around $14.59. Currently, all indicators are indicating Neutral zone, and the fear & greed index shows 0 extreme fears. According to our forecast, this is not the right time to Hold Polkadot.

Currently, Polkadot is trading below the 200 simple moving average. for the last 326 days, since December 31, 2023, SMA has shown a Polkadot Holding signal.

The price of Polkadot is currently running below the 50-day simple moving average (SMA) and it shows a Neutral signal.

According to all technical indicators, the 200-day SMA will drop soon, and the price will hit 0 by the end of December. By December 2023, 2024, Polkadot's short-term 50-Day SMA shows a 0.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). RSI is currently at RSIValue. This indicates that the DOT market is in a 0 position.

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Current Price$6.87
Sentiment Neutral
50-Day SMA -
200-Day SMA -
Price Prediction- (0%)
F & G Index 0 (-)
Green Days 0/30 (0%)
14-Day RSI -

Polkadot Price Prediction - Up to $132.80

YearMinimum PriceAverage PriceMaximum Price
2023$6.15$14.16$15.02
2024$14.78$16.90$17.51
2025$20.27$22.30$23.95
2026$26.46$31.24$31.46
2027$26.46$31.24$31.46
2028$32.65$36.30$37.36
2029$46.40$50.51$51.44
2030$67.03$70.74$72.13
2031$94.51$97.53$98.98
2032$128.90$131.27$132.80

Polkadot Price Prediction Chart



Polkadot Prediction News

Polkadot (DOT) Gains 6% In One Day As Market Sees Correction

Polkadot is rising again after slowing down on its earlier rally in January. The token is trading at 6.97, representing an increase of 5.98 in 24 hours. The token8217s price has been in this range since January 20, 2023, with small increments in daily intervals.Also, Polkadot had 20 green days in the last 30 days and a price volatility of 12.11 within the same timeframe.What Is Behind The Recent Gains Gavin Wood, the founder of Polkadot, announced on Twitter that after 15 months of development, the network8217s XCM version 3 is merged. This upgrade will satisfy the network8217s vision to create bridges, cross-chain locking, exchanges, and NFTs. Related Reading Polygon Beefs Up Layer 2 Position, Gets The Edge In NFT Transactions Vs. Ethereum Polkadot has rolled out upgrades on its network for the new year. In its Referendum 100 event, there is a proposal to enable pre-checking run-time upgrades on parachains. So far, the proposal is close to a unanimous decision in the community. DOT tokens were used to carry out the voting process as users sought to improve the network.Secondly, DOT8217s recent price surge may be due to its correlation to the price of Bitcoin. Since Bitcoin returned to the 23,000 level, the crypto market has recorded a more positive outlook. But despite this price increase, in-depth analysis is necessary to predict the direction of the asset. Polkadot Technical Analysis Will It Sustain The Rally Polkadot is trading in the green today and is on a four-day streak of positive price form on the charts. The token is trading above its 50-day Simple Moving Average SMA, showing bullish pressure in the market. Also, it has broken above its 200-day SMA, expressing a long-term bullish sentiment.The trading volume has increased by 39.28 in 24 hours at 454 million. This surge in trading activity has helped boost the asset8217s price as the bulls seek to continue their rally. The support levels are 6.02, 6.24, and 6.39. The resistance levels are 6.76, 6.98, and 7.13. DOT has broken past the first resistance level of 6.76 and 6.98 and will likely test the next resistance level in the coming days.Related Reading Shiba Inu Whale Withdraws 60 Million In SHIB From Binance, Bullish The Relative Strength Index RSI is at 66.66, close to the buy zone on the chart. The indicator points upwards and might break out of its channel if the bulls sustain the pressure. The Moving Average ConvergenceDivergence MACD is below its signal line and showing convergence which is a bearish sentiment. It reflects the possibility of the bears forcing the price below the 6.76 resistance level. DOT will likely rally to 7 in the coming days if the bulls are mounting enough pressure to surpass its resistance points. But note that altcoins are volatile and can deviate from past price behavior, losing up to half their value. If such events occur, it becomes challenging for the coin to rally back to its previous value due to the speculative nature of the crypto market. Featured image from Pixabay and chart from TradingView.com

6 Days Ago

DOT Price (Polkadot) Prediction: Break Above $6.80 Could Spark Fresh Rally

Polkadots DOT started a fresh increase from the 6.00 support against the US Dollar. It is consolidating gains and might start a fresh rally above 6.80. DOT is holding the ground above the 6.00 and 6.20 levels against the US dollar. The price is trading above the 6.30 support and the 100 simple moving average 4-hours. There was a break above a key bearish trend line with resistance near 6.20 on the 4-hours chart of the DOTUSD pair data source from Kraken. The pair could start a strong rally once it clears the 6.80 and 7.00 resistance levels. Polkadots DOT Eyes Fresh Surge After forming a base above the 6.00 zone, DOT price started a fresh increase. It climbed above the 6.05 and 6.10 levels to move back into a positive zone. The bulls were able to push the price above the 6.20 level and 100 simple moving average 4-hours. Besides, there was a break above a key bearish trend line with resistance near 6.20 on the 4-hours chart of the DOTUSD pair. A high is formed near 6.90 and the price is now consolidating gains, similar to bitcoin and ethereum. There was a move below the 6.70 level. It declined below the 23.6 Fib retracement level of the upward move from the 6.03 swing low to 6.90 high. Dot price is now trading above the 6.30 support and the 100 simple moving average 4-hours. An immediate resistance is near the 6.80 level. The main resistance is near the 6.95 and 7.00 levels. Source DOTUSD on TradingView.com A successful break above 6.80 and a close above 7.00 could start a strong rally. In the stated case, the price could easily rally towards 7.60 or even 7.80. Dips Limited If DOT price fails to continue higher above 6.80 or 6.95, there could be a downside correction. The first key support is near the 6.45 and 6.48 levels. The next major support is near the 6.35 level or the 61.8 Fib retracement level of the upward move from the 6.03 swing low to 6.90 high. Any more losses may perhaps open the doors for a move towards the 6.00 support zone. Technical Indicators 4-Hours MACD The MACD for DOTUSD is now gaining momentum in the bullish zone. 4-Hours RSI Relative Strength Index The RSI for DOTUSD is now above the 50 level. Major Support Levels 6.45, 6.35 and 6.00. Major Resistance Levels 6.80, 6.95 and 7.00.

7 Days Ago

Polkadot (DOT) Price Moves Closer To Crucial Support, What’s Next?

The Polkadot DOT price started to note a fall on its daily chart after Bitcoin could not stay above the 24,000 price. Other significant altcoins followed suit with Bitcoin8217s descent on its chart. Over the last 24 hours, DOT lost 3 of its market value. In the last week, the altcoin lost close to 6. The technical outlook also started to portray how the bulls were losing strength on the daily chart. Demand for the altcoin noted a downtick, which is why even accumulation fell on the chart. Related Reading Bitcoin Price Hints At Potential Correction, Buy The Dip With a fall in demand, DOT is headed toward its nearest support level, and a continued reduction in buying strength will push Polkadot below its support line. If demand in the broader market improves with BTC appreciating and moving above the 24,000 mark, then demand for other altcoins, including DOT, will increase on its chart. DOT must break past its overhead resistance to ensure that the coin does not incur further losses over the upcoming trading sessions. The market capitalization of DOT noted a decline, which meant that sellers had started to resurface in the market. Polkadot Price Analysis One-Day Chart DOT was exchanging hands at 6.28 at the time of writing. The altcoin was quite close to its immediate support level of 6.20. This level acts as a crucial price zone for the altcoin, as a fall from its level will bring Polkadot to 5.70. The overhead resistance for the coin stood at 6.60 breaching this level will help Polkadot secure 6.20 as its nearest support line. The coin can also try to revisit the 7 mark if it breaks past the 6.70 level. The amount of Polkadot traded in the last session was green, indicating an increase in buyers on the one-day chart. Technical Analysis The altcoin has fallen from the overbought region, contributing to the recent price correction. The Relative Strength Index was below the 60 mark, but it displayed an increase in buying strength. Buyers still had power over the sellers in the market. A fall in demand will bring DOT below its immediate support line. The price of the altcoin was slightly above the 20-Simple Moving Average SMA line, which implied that buyers were driving the price momentum in the market. About DOT losing momentum over the subsequent trading sessions, it formed a death cross in the chart. A death cross occurs when the longer moving average crosses above the shorter moving average, in this case, the 50-SMA yellow line going above the 20-SMA red line. A death spiral is usually followed by a fall in the asset8217s value. Other technical indicators showed that the bullish signal was weakening. Moving Average Convergence Divergence indicates a change in price momentum and a trend reversal. The indicator underwent a bearish crossover and formed red signal bars related to a sell signal. A sell signal often means that the price is headed for a dip. On the same note, capital inflows noted a decline, although they were still in the positive zone. Related Reading Whats Next For Solana As Bulls Face Rejection At 25 The Chaikin Money Flow measures capital inflows and outflows at a given point. The indicator dipped closer to the half-line, meaning capital inflows fell on the one-day chart. Featured Image From UnSplash, Charts From TradingView.com

9 Days Ago

DOT Price (Polkadot) Indicators Suggest Strong Case For Fresh Rally

Polkadots DOT started a fresh increase from the 5.60 support against the US Dollar. It correcting gains, but indicators suggest high chances of a fresh increase. DOT is holding the ground above the 6.00 and 5.80 levels against the US dollar. The price is trading nicely above the 6.00 support and the 100 simple moving average 4-hours. There is a major bullish trend line forming with support near 6.05 on the 4-hours chart of the DOTUSD pair data source from Kraken. The pair could start a strong rally once it clears the 6.40 and 6.50 resistance levels. Polkadots DOT Eyes Fresh Rally After forming a base above the 5.60 zone, DOT price started a fresh increase. It climbed above the 5.80 and 6.00 levels to move back into a positive zone. The bulls were able to push the price above the 6.50 level and 100 simple moving average 4-hours. The price traded as high as 6.82 and recently started a downside correction, similar to bitcoin and ethereum. There was a move below the 6.50 level. Dot price dipped below the 50 Fib retracement level of the upward move from the 5.59 swing low to 6.82 high. However, the bulls are protecting the 6.15 support zone. There is also a major bullish trend line forming with support near 6.05 on the 4-hours chart of the DOTUSD pair. The bulls are also protecting the 61.8 Fib retracement level of the upward move from the 5.59 swing low to 6.82 high. It is also above the 6.00 support and the 100 simple moving average 4-hours. An immediate resistance is near the 6.40 level. The main resistance is still near the 6.65 and 6.80 levels. Source DOTUSD on TradingView.com A successful break above 6.65 and a close above 6.80 could start a strong rally. In the stated case, the price could easily rise 10-15 in the near term. Dips Limited If DOT price fails to continue higher above 6.65 or 6.80, there could be more losses. The first key support is near the 6.05 and 6.00 levels. The next major support is near the 5.80 level and the 100 simple moving average 4-hours. Any more losses may perhaps open the doors for a move towards the 5.50 support zone. Technical Indicators 4-Hours MACD The MACD for DOTUSD is now losing momentum in the bullish zone. 4-Hours RSI Relative Strength Index The RSI for DOTUSD is now just below the 50 level. Major Support Levels 6.05, 6.00 and 5.80. Major Resistance Levels 6.40, 6.65 and 6.80.

16 Days Ago

Polkadot Could Present Buying Opportunity As Bullish Outlook Continues

The Polkadot price has breached the 5 resistance mark in the past trading sessions. Over the last 24 hours, DOT has appreciated by 3.8. The price of Bitcoin has been surging, which has caused other altcoins to also move upward on their respective charts. When Bitcoin crossed the 18,000 price mark, other altcoins broke past their immediate resistance marks. Polkadot price momentum remains bullish in the shorter time frame. The technical outlook for DOT showed that despite a price correction, accumulation on the chart increased. Related Reading This Metric Suggests Bitcoin Could Be In Danger Of Another Selloff Polkadot demand also showed an increase on its chart. The asset8217s price has to remain above the 5.40 support line and breach the 6.20 resistance level if the coin has to maintain a bullish stance for a longer time frame. The daily chart of DOT also points towards an incoming fall in price, which means that traders might be presented with shorting opportunities. Currently, DOT is trading at an 89 discount from its all-time high secured in 2021. Polkadot Price Analysis One-Day Chart DOT was exchanging hands at 5.89 at the time of writing. Polkadot had formed a cup and handle pattern, which means that the bullish momentum can continue, which is why Polkadot resumed its northbound journey on the daily chart. Overhead resistance for the coin stood at 6. Toppling the 6 mark can take the coin to 6.20. As Polkadot was overbought, demand for the coin could trickle down. This can cause the price to fall for a few trading sessions before it starts to rise again. In case of a price retracement, DOT will encounter its local support at 5.40 and then at 5.33. These two levels can be an entry point for buyers, as the altcoin will rise in value after it touches these support lines. The amount of Polkadot traded in the last session was still green, indicating that buying pressure remained. Technical Analysis The asset had secured a multi-month high in registering demand in the past week. The coin was overvalued a week ago, and as a result, demand has retraced slightly. The Relative Strength Index fell back from the 80 mark, which was a sign of the asset being overbought. At press time, DOT again registered an uptick, indicating that buying strength was building again. On that note, the price of DOT was above the 20-Simple Moving Average line, hinting that buyers were driving price momentum in the market. The coin was also above the 50-SMA yellow line. Despite that, the 50-SMA line crossed above the 20-SMA line, which signified a death cross. A death cross means an incoming fall in value. This reading corresponds to traders finding the chance to short the asset. The Moving Average Convergence Divergence MACD, which depicts price momentum and reversals, showed declining buy signals. This means that the price will fall over the next trading session. Related Reading Shiba Inu SHIB Is Up 4 As Lead Dev Teases Exact Beta Launch Date The Parabolic SAR also sides with the MACD as the dotted lines were formed above the price candlestick, indicating that the asset8217s price direction was starting to become negative. Overall, the bulls could continue to dominate the price action in the shorter time frame. Featured Image From UnSplash, Charts From TradingView.com

20 Days Ago

Polkadot (DOT) Ecosystem Grew Massively In Q4 2022, What To Expect Next?

Polkadot provides interoperability among several blockchains for users while maintaining high scalability and speed in processing transactions. Also known as a multichain network, Polkadot supports many parachains, enabling developers to build their blockchains seamlessly. Several blockchain projects exist in the decentralized finance DeFi sector. These platforms usually emerge with different products and services related to cryptocurrency and blockchain technology. Subsequently, users became intrigued with the full potential packed in the DeFi space. However, there was the challenge of how a user could access more than one blockchain and DeFi application through a single platform. This is where the value proposition of the Polkadot became prominent. Related Reading Why The VIX Could Predict A 20 Bitcoin And Crypto Rally The last few months in 2022 were tough in the crypto market as most crypto assets and projects saw a drastic drop in performance. In addition, the unexpected collapse of the FTX crypto exchange brought a devastating condition that created losses in the crypto space. However, DOT has a positive story to tell. The multichain network reports massive growth in its ecosystem during Q4 2022. 1 The Polkadot 2022 Roundup is here Despite the difficult year for the industry, the Polkadot and Kusama community were busy building the largest, 38 most diverse ecosystem of use case specific layer-1 blockchains in the world, making huge strides toward building a better web. pic.twitter.comsGZDz0zHIW 8212 Polkadot Polkadot December 31, 2022 The recent achievement cuts across several landmarks and aspects. Notably, the protocol and its projects progressed technically with many collaborative deals and more technological adoption. Parachain Migration From Kusama To Polkadot On Oct 3, 2022, Polkadot recorded its first successful parachain migration from its canary network, Kusama. KILT Protocol completed a full migration from the Kusama Relay Chain to Polkadot Relay Chain. This milestone showcases Kusama as a suitable platform to stress-test digital applications in a real-life environment. Hence, the developers could curb associated risks before all the relevant upgrades to ensure stability and security. By using Kusama before its migration, KILT Protocol achieved decentralization. Also, the protocol included new functionalities in its upgrade, spiking its utility and efficiency. Through its collaboration with Polkadot, KILT integrated digital identities through decentralized identifiers DIDs. Related Reading Shiba Inu Bullish Signal Whale Withdraws 34.7M In SHIB From Binance Partnerships And Launch of Pools Distinguished Polkadot DOT in Q4 2022 Polkadot8217s official Twitter page revealed its success for the last quarter of 2022. The multichain network consists of 74 parachains, over 550 projects, 300 decentralized applications, and more than 2,500 active developers in its ecosystem. The growth for the DOT and Kusama communities has been great since the launch of the parachains. Polkadot staking system received striking updates through the launch of nomination pools and the staking dashboard. This encouraged native staking holders to stake as low as 1 DOT to receive rewards. In line with its vision to enhance decentralization, it launched its OpenGov, a new-generation governance system on the Kusama network. The system is the most sophisticated and advanced blockchain governance system. It is proposed to kick off on the mainnet subsequently. Through Web3 opportunities, the DeFi protocol bagged several partnerships with different companies. These include Astra Network, KILT Protocol, Efinity, T-System MMS, and others. For over three years, it has been engaging the U.S. Securities and Exchange Commission SEC regarding the status of its native token, DOT. Finally, the Polkadot broke the barrier with its high achievement as DOT ceased to be classified as a security. It was announced on November 2022 that DOT is now considered as software. This is a feat that placed it higher in Web3 adoption. Also, 2022 marked extensive movement through the Polkadot Ambassador Program. Over 1,600 new ambassadors joined the program signifying more growth for the multichain network. Cover image from Pixabay, Polkadot chart from Tradingview.

1 Months Ago

Despite A Relief Rally Polkadot Struggles Under $5, What’s Next?

The Polkadot price posted significant gains over the last week after Bitcoin showed recovery on its chart. Other altcoins have also moved in the same direction. At the moment, however, DOT has been trying to breach the immediate resistance of 5. In the past 24 hours, DOT noted a fall of 2, but that could be attributed to a slight fall in demand for the altcoin. The technical outlook for Polkadot remains bullish. Buyers and demand for the altcoin have to keep mounting, and soon DOT will travel above the 5 level to trade near the 6 level. Accumulation has been growing in the last week as buyers have exceeded sellers at press time. It is critical, however, that DOT surpasses the 5 mark, or the coin will begin to trade lower, resulting in a loss of investor interest. Related Reading Why Are Liquid Staking Cryptocurrencies Seeing Double-Digit Gains The market structure for DOT remains bullish as the coin managed to flip a few resistance marks into support levels in the past week. A push from the buyers will certainly strengthen the bulls8217 efforts to cross the stiff price ceiling of 4.90. The Polkadot price is trading 91 below its all-time high secured in 2021. Polkadot Price Analysis One-Day Chart DOT was trading at 4.90 at press time. The 4.90 price level was a strong resistance point for the altcoin. Although DOT managed to break past the 4.80 resistance level, which has proven to be a tough resistance mark in the past, the coin continues to remain underneath the 5 level. The 5 mark is crucial, as the 78.6 Fibonacci retracement level also somewhere meets the coin at that mark. A push above 5 will take the coin above 5.20. On the other hand, one bearish push and DOT will land at 4.40 and then 4.16. The amount of DOT traded in the last session declined slightly, mirroring the minor downtick in buying strength. Technical Analysis DOT made a significant recovery in buying pressure over the past week. The Relative Strength Index shot above the 60-mark, signifying the chart8217s bullishness. Similarly, the asset price moved above the 20-Simple Moving Average line SMA, which meant buyers were driving the price momentum in the market. Polkadot was also inching very close to the 50-SMA line, and just a slight push from buyers would help the price topple over it. A move above the 50-SMA will cause another significant rally for Polkadot. Following the increased demand, the technical indicators pointed towards a buy signal for the coin. This usually means that the coin is headed upward. The Moving Average Convergence Divergence MACD indicates price momentum and reversal. Related Reading Ethereum Price Records 9 Rise, Why Traders Bet On More Profits The indicator painted green signal bars, which were buy signals for DOT. The Directional Movement Index was positive because the DI blue line was higher than the -DI orange line. The Average Directional Index red was above 20, which signified that the present price action was gaining strength. Featured Image From Unsplash, Charts From TradingView.com

1 Months Ago

Polkadot Price Can Fall To This Level Before Christmas

The Polkadot price has been on a downtrend ever since the beginning of August. The coin has pierced through several price floors in that duration. In the past 24 hours, the coin has lost 1.6. In the last week, DOT sustained double-digit losses. At this moment, DOT has again resumed its lateral trading, but signs point towards the coin losing further momentum. The technical outlook depicts that the bears have taken over the market completely. The altcoin was undervalued as it was oversold on the chart. The demand for DOT had completely faded, which resulted in less accumulation. As DOT continued to lose value over the past several months, investor interest faded, which also resulted in the shorting of the altcoin. Presently, the Polkadot price is sandwiched between the 4.60 and 4.30 price levels, and going by the technicals, DOT is eyeing a fall below the 4.30 mark before it starts correcting itself. At press time, the Polkadot price was trading 91 below its all-time high secured in 2021. Related Reading MATIC Rising Why Investors Are Upbeat On This Crypto For 2023 Polkadot Price Analysis One-Day Chart DOT was trading at 4.50 at the time of writing. The coin has recently lost a 5.06 support line, and since then, Polkadot price has been consolidating. Continued consolidation will see a further loss of value because sellers will lose interest in the asset again. Overhead resistance for the coin stood at 5 and then at 5.71. If the altcoin moves above the 5.71 price level, the chances of Polkadot price revisiting the 6 zone increase. On the other hand, due to a lack of demand, the coin will inevitably fall below the 4.30 level and sit at 4.16. The amount of DOT traded in the last session remained low, signifying bearish strength. Technical Analysis The altcoin was mostly under considerable selling pressure for most of this month. Over the last week, it was hovering around the oversold territory. The Relative Strength Index was near the 20-mark which signifies heavily oversold tendencies and it means that the bears have completely taken over the market. The same idea reflects in the other indicator. DOT price was below the 20-mark which meant that the sellers were driving the price momentum in the market. The coin confirmed that sellers had taken over the market momentum. The Moving Average Convergence Divergence MACD indicates market momentum and trend reversals. MACD displayed red histograms, which were the sell signal for the altcoin. Parabolic SAR portrays the price direction dotted lines were above the price, which signified bearishness and a lack of strength in the current price direction. If DOT has to overturn the bearish outlook, the coin has to move above the 5.06 resistance line. Related Reading Ethereum Stalls At 1,200, Why Bears Still Have The Upper Hand Featured Image From UnSplash, Charts From TradingView.com

1 Months Ago

Polkadot Price Forecast: Is Buying The DOT Dip A Smart Move?

A dip is common in the cryptocurrency market during a bearish downtrend. Most times, it could persist for a prolonged period. The current crypto winter of 2022 has seen the value of many coins drop. Investors are carefully weighing their options and considering if buying the dip is a smart move in the current market. Some investors move their assets to perceived safer ground as they brave the storm. In a price chart, a dip is identified as a valley. For Polkadot, expert predictions are varied on when the coin will eventually make the much-anticipated price comeback. Related Reading Flow Rolls Out Blockchain Tools As Social Dominance, Coin Price Seen Rising Polkadot is way off its all-time high of 54.98 as of November 2021 to a modest 5.58, which is an exponential drop for the coin.DOT is unique since the project focuses on parachains that interlink with each other. These parachains are customized project-specific blockchains intertwined with the relay chain of Polkadot. The relay chain the Polkadot network, secures and connects these parachains in numbers between 100 -250.Price Forecast For Polkadot The current market trend was also observed with Polkadot since it has been in a bearish reversal for months in 2022.The price movement for DOT will depend largely on the activity of market forces. With the coin falling below previous support levels of 10.33, investors keep their fingers crossed to see if the bulls will rally. The general market sentiment holds that if Polkadot can break the resistance level of 7, then the bulls are rallying.However, the strong bearish trend will continue if the price drops below the 5.70 support level. So far, in the year 2022, the price of the coin has been on a gradual decline. Even the parachains felt the effects as Acala USD aUSD, for instance, lost its peg to the dollar.Judging from Bitcoin8217s dominance, the dip in bitcoins price and dominance is a signal of a possibly prolonged bearish market generally.To Buy The Dip Or Not Writing the entire project off as a colossal failure could be quite tempting. However, long-term crypto investors know that the market can suddenly reverse to an uptrend.With macroeconomic factors like inflation, it is easy to see why the cryptocurrency market is on a downtrend right now. Inflation rates in major countries like the United States have been on the rise amid concerns of a global-scale recession. Also, the Ukraine-Russia conflict has impacted the market negatively. With the US-dollar-pegged stablecoin Terra crashing, the general belief is no project is immune to the grip of market forces. For now, experts believe that buying the dip would favour long-term investors. However, the price could dip further due to the volatility and risk associated with cryptocurrency. Related Reading Tron Development Activity Grows In The Last 7 Days Except TRX Price So, it depends on the investors strategy and plans. But the general advice is to buy the dip, use only money you can afford to lose. Price forecasts are mere speculations, and historically, cryptocurrencies frequently deviate from these assumptions. Featured image from Pixabay and chart from TradingView.com

3 Months Ago

Daily Simple Moving Average (SMA)

NameValueAction
SMA (10)$6.62BUY
SMA (20)$6.50BUY
SMA (30)$6.20BUY
SMA (50)$5.52BUY
SMA (100)$5.55BUY
SMA (200)$6.34BUY

Daily Exponential Moving Average (EMA)

NameValueAction
EMA (10)$6.65BUY
EMA (20)$6.42BUY
EMA (30)$6.20BUY
EMA (50)$5.93BUY
EMA (100)$5.88BUY
EMA (200)$6.58BUY

Polkadot Price Prediction By Indicators

NameValueAction
RSI (14)55.93NEUTRAL
Stoch RSI (14)34.09NEUTRAL
Stochastic Fast (14)67.02NEUTRAL
Commodity Channel Index (20)66.67NEUTRAL
Average Directional Index (14)54.46BUY
Awesome Oscillator (5, 34)0.75NEUTRAL
Momentum (10)0.14NEUTRAL
MACD (12, 26)-0.02NEUTRAL
Williams Percent Range (14)-32.98NEUTRAL
Ultimate Oscillator (7, 14, 28)51.91NEUTRAL
VWMA (10)6.66BUY
Hull Moving Average (9)6.86SELL
Ichimoku Cloud B/L (9, 26, 52, 26)6.25NEUTRAL

Polkadot Price Prediction Visual


Polkadot Price Prediction - Forecast from year 2023 to 2032

Select Layout

MonthJanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
2023
Avg. Price $/Change %
$6.75$6.87$14.99118.02%$14.92117.05%$14.74114.43%$14.90116.68%$14.91116.90%$15.00118.12%$14.74114.46%$14.59112.18%$14.77114.84%$14.92117.06%
2024
Avg. Price $/Change %
$17.51154.73%$17.20150.21%$16.93146.25%$16.01132.82%$16.05133.43%$16.98146.96%$15.92131.57%$16.16135.01%$16.87145.37%$15.22121.33%$16.08133.83%$17.27151.16%
2025
Avg. Price $/Change %
$23.95248.42%$23.03235.02%$21.82217.41%$22.44226.41%$21.27209.41%$21.89218.33%$21.18208.01%$21.30209.87%$22.30224.39%$22.84232.27%$23.56242.71%$22.45226.48%
2026
Avg. Price $/Change %
$28.99321.71%$28.26311.00%$31.46357.59%$30.16338.71%$29.04322.36%$29.58330.21%$31.38356.39%$30.05337.05%$31.27354.82%$28.16309.64%$28.95321.06%$29.95335.68%
2027
Avg. Price $/Change %
$25.32268.24%$24.29253.28%$25.10265.05%$24.57257.34%$25.46270.40%$27.13294.61%$26.32282.82%$24.20251.99%$23.89247.52%$24.10250.57%$25.44270.04%$25.70273.89%
2028
Avg. Price $/Change %
$35.94422.80%$35.90422.18%$34.39400.23%$36.76434.69%$37.36443.43%$35.13411.02%$33.86392.46%$36.77434.89%$36.81435.36%$36.84435.91%$34.53402.33%$35.83421.20%
2029
Avg. Price $/Change %
$48.26601.92%$48.23601.53%$48.69608.26%$50.48634.32%$49.59621.33%$50.38632.75%$51.44648.29%$49.94626.46%$49.04613.30%$49.27616.69%$50.97641.41%$48.92611.64%
2030
Avg. Price $/Change %
$69.72914.10%$67.77885.78%$69.49910.72%$67.75885.51%$69.95917.52%$70.91931.41%$69.97917.73%$68.81900.89%$71.17935.13%$70.06919.07%$72.13949.24%$67.88887.32%
2031
Avg. Price $/Change %
$95.931295.34%$97.051311.69%$98.921338.91%$98.621334.52%$98.361330.72%$98.981339.78%$97.991325.32%$97.731321.53%$96.801308.03%$98.451332.06%$97.221314.15%$97.651320.33%
2032
Avg. Price $/Change %
$131.941819.13%$132.131821.97%$130.361796.17%$129.731786.98%$130.401796.78%$129.851788.71%$130.091792.16%$130.891803.89%$129.841788.60%$130.941804.65%$132.801831.59%$131.251809.05%

Polkadot (DOT) Price Prediction 2023

In the first week of January 2023, Polkadot reached $6.75 when it dropped below $4.29 for the first time since January 2021. According to the investors and market exports, Polkadot is on its way to passing the $15.02 mark by the end of this year. Before $15.02, it may break its mark of $55.00 and reach. According to the investors, exporters, and market leaders, Polkadot will break its previous all-time high of $55.00 and hold between $14.16 and $15.02 soon. As of now, on 9 February 2023, Polkadot is trading at $6.87, and its 24-hour trading volume is around 386.36M, and it makes number 12 currency in the whole crypto world.Read More

Polkadot Price Prediction 2024

There is a possibility that Polkadot can break through the $17.51 barrier and hold the market by the end of 2024. The lowest Polkadot price will be between $14.78 to $17.51, and the most likely Polkadot price will be steady at around $16.90 by the end of 2024.Despite Polkadot's wild swings in value and the controversy surrounding its environmentally unfriendly energy usage, billionaire venture capitalist Tim Draper is sticking to his prediction that Polkadot will reach $17.51 by the end of 2024 or early 2024. Read More

Polkadot Price Prediction 2025

By 2024, market analysts and experts predict that DOT will start the year at $20.27 and trade around $23.95. According to their predictions, this would be extremely high compared to last year. This is really an acceptable jump in Bitcoin.Read More

Polkadot Price Prediction 2026

There is a good chance that Polkadot 2026 Price Prediction will double in price, but it is also possible that it may not reach its expected maximum $31.46 level. Polkadot is predicted to reach an all-time high of $31.24 or $31.46 in 2026, and it could be the year of Polkadot.Read More

Polkadot Price Prediction 2027

Polkadot Price Prediction, or DOT, will experience tremendous growth in 2027 as it has the potential to achieve new highs in terms of price points and market cap. Polkadot's price is expected to surpass $31.46 in 2027. It has been predicted that Polkadot will reach the maximum price of $31.46 and the minimum price is expected to be around $26.46 in the next five years from 2027.Read More

Polkadot Forecast 2028

Market analysts and experts predict say that Polkadot Price Prediction and technical analysis, Polkadot is expected to cross a price level of $36.30 in 2028. Meanwhile, Polkadot is expected to reach a minimum price of $32.65 this year. The maximum price may reach $37.36.Read More

Polkadot (DOT) Price Prediction 2029

By the beginning of 2029, the Polkadot Price Prediction and technical analysis predict that the cost of Polkadot will reach $50.51, and the price of DOT should reach $50.51 by the end of the year. In addition, DOT can reach up to $46.40 in price. From 2024 to 2029 time gap will bring significant years for Polkadot growth.Read More

DOT Price Prediction 2030

In 2030, Polkadot Price Prediction are expected to cross the $70.74 average price level, according to Polkadot forecast and technical analysis. By the end of 2030, Polkadot's minimum price is expected to be $67.03. Additionally, DOT can reach a maximum price level of $72.13. At the end of 2030, Polkadot will have an average price of $72.13. The crypto market expects a significant price shift.Read More

Polkadot Price Prediction 2031

Polkadot price is estimated to reach $94.51 by 2031, at minimum. With an average trading price of $97.53 throughout 2031, Polkadot's value could come to $98.98 at its highest. The specialists expect the maximum price to be trading around $97.53.Read More

Polkadot Forecast 2032

In 2032, Polkadot will try to reach the lowest level of $128.90. It may try to get the maximum and next top tier of $132.80 with the average forecast price of $131.27. It may break the previous high and go forward to its next level. If everything drives smoothly, we predict it will reach its next level. But, it may dump also.Read More

DOT Price Prediction : FAQ

What will be the lowest price of Polkadot in future?

Upto $15.02 USD

What will be the highest price of Polkadot in future?

Upto $132.80 USD

Will Polkadot price increase in future?

Yes, Polkadot price will increase according to our predicted data in future.

Investment in Polkadot is profitable or loss-making?

Yes, Polkadot is profitable investment based on our forecasting.

Whether the price of Polkadot will be downward in future?

No, Polkadot price will not be downward based on our estimated prediction.

In 1 year from now what will 1 Polkadot be worth?

The price of 1 Polkadot (DOT) can roughly be upto $15.02 USD in 1 years time a 2x nearly from the current DOT price.

Where do I buy Polkadot?

There are many places to buy and exchange Polkadot we list them all here.

What will be the price of Polkadot after 1 year?

Upto $17.51 USD

What will be the price of Polkadot after 3 years?

Upto $23.95 USD

What will be the price of Polkadot after 4 years?

Upto $31.46 USD

What will be the price of Polkadot after 5 years?

Upto $37.36 USD

What will be the price of Polkadot after 6 years?

Upto $51.44 USD

What will be the price of Polkadot after 7 years?

Upto $72.13 USD

* Our predictions are made on the basis of Historical Data. We are not responsible for any profit / loss.