DOT rises to 9 USDT in 4 months

1.

Technical Analysis Breakthrough resistance at 6 USDT: Currently, DOT is trading around 5 USDT. If it surpasses 6 USDT, many investors will FOMO into buying. MA crosses creating an uptrend: When MA(7) crosses MA(25) from below, it is a bullish signal. If MA(25) continues to cross above MA(99), the uptrend will be reinforced. High trading volume: If inflow is strong and trading volume remains high, the price of DOT will easily bounce back to 9 USDT.

2.

Bitcoin & General Market: If Bitcoin continues to rise and surpasses important resistance levels, money will flow strongly into altcoins, especially large projects like Polkadot. DeFi & Web3 Trend: Polkadot is an important project in the Web3 ecosystem. If there are significant updates or new capital flows into projects within this ecosystem, the price of DOT will rise.

3.

Risks to Monitor Bitcoin's sharp decline could pull DOT back down to the 4-5 USDT range. Technical indicators signal bad signs such as decreasing volume or DOT unable to surpass 6 USDT. Crypto management policies in the US or Europe negatively affecting the market.

Note: The market is always highly volatile and risks are very high; consider before making decisions. (Disclaimer)