Polkadot ($DOT ) shows steady growth: price $4.19, +5.8% in 24 hours! 📈 This inter-network protocol, linking blockchains through parachains, strengthens its position due to scalability and support for the Web3 ecosystem.
Analytics: On the daily chart $DOT holds support at $4, with RSI (50) in the neutral zone, indicating growth potential. Trading volumes ($130M) confirm interest. Key levels: support at $3.8, resistance at $4.5. Short-term forecast: a breakout at $4.3 could raise the price to $5 within 1-2 weeks. Long-term: the development of parachains (Moonbeam, Astar) and the transition to Polkadot 2.0 could push DOT to $10-$12 by the end of 2025, according to Coinpedia.
Risks: Competition with Cosmos and market volatility require caution. DYOR!
💬 Will we break through $DOT $5 or see a correction? Share your forecasts in the comments! Subscribe so you don't miss fresh analytics and insights! 📡 #DOT #Binance #Crypto #Trading #Altcoins