DOT price prediction suggests recovery to $2.40 within 2-4 weeks as MACD histogram shows early bullish divergence, though immediate support at $1.71 remains critical. The current Polkadot technical analysis reveals several compelling factors supporting a potential price reversal. DOT’s RSI reading of 30.68 sits in neutral territory but approaching oversold conditions, historically a favorable zone for accumulation. More significantly, the MACD histogram has turned positive at 0.0037, indicating early bullish momentum despite the MACD line remaining below its signal line.
Polkadot’s position at 0.18 within the Bollinger Bands suggests the token is trading near the lower band support at $1.61, with significant room for mean reversion toward the middle band at $1.94. The 24-hour trading volume of $6.7 million on Binance provides adequate liquidity for institutional accumulation. The descending triangle pattern identified by analysts creates a coiled spring effect, where a break above $2.00 could trigger rapid movement toward the DOT price target of $2.40. The Average True Range of $0.13 indicates moderate volatility, suggesting controlled price movements rather than erratic swings.
The primary DOT price prediction scenario targets $2.40 within 2-4 weeks, representing a 38% gain from current levels. This bullish Polkadot forecast requires several technical confirmations: the MACD line crossing above its signal line, RSI breaking above 40, and most critically, a decisive break above the $2.00 resistance. If DOT successfully reclaims the EMA 26 at $2.00, the next logical targets align with the SMA 20 at $1.94 (already achieved) and then the upper Bollinger Band at $2.27. A break above $2.40 opens the door to the immediate resistance level at $2.39, with further extension possible toward $2.60 as outlined in recent analyst predictions.
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