Polkadot (DOT) finds itself at a critical juncture as it trades near its 52-week low of $1.76, presenting both opportunity and risk for traders. With the current price at $1.84, our comprehensive Polkadot technical analysis reveals mixed signals that warrant careful examination for accurate DOT price prediction. The DOT price prediction points to a short-term target of $2.19 and a mid-term range of $2.40-$2.60, with a break above $2.09 (SMA 20) needed to unlock higher targets.
Recent analyst sentiment shows cautious optimism for DOT’s near-term prospects. Blockchain.News targets a short-term price of $1.92, citing the critical $1.80 support level. MEXC News is more bullish, projecting $2.19 within one week based on oversold RSI readings and emerging MACD signals. The consensus among analysts points to $2.09 as the make-or-break level, with a pathway to $2.40-$2.60 if overcome.
DOT’s RSI of 34.74 remains near oversold levels, while Bollinger Bands position the price near the lower band around $1.71 and the MACD histogram sits at -0.0038, with a narrowing gap between MACD and its signal line suggesting a potential bullish crossover. Volume on Binance shows about $10.7 million in the last 24 hours, indicating adequate liquidity for a directional move, and resistance sits at EMA 12 and EMA 26 around $1.94 and $2.12, with the $2.09 SMA 20 acting as a gateway to higher targets. In the bullish scenario, the DOT target of $2.19 within one week remains central and a break above $2.09 could open the path to $2.40-$2.60, with the upper Bollinger Band near $2.39 as a nearby objective. In the bearish scenario, a failure to hold the $1.80 support could push DOT toward $1.72 and potentially revisit the 52-week low around $1.76; an entry strategy favors a layered approach around $1.84 with purchases near $1.80 and stop-loss orders below $1.72, while more conservative traders may wait for a break above $2.09 for better risk-adjusted entry.
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