币东风
--
Polkadot Upgrade Ignites the Market! Target TPS as High as 143K, Can DOT Price Soar to $9?
Polkadot (DOT)'s recent technical upgrade and price breakthrough have sparked market discussions. By successfully breaking through the descending wedge pattern, DOT is shifting towards a potential bull market, but still faces several key resistance levels.
Polkadot Breaks Key Resistance, May See $7.60 in the Short Term
The price of Polkadot has broken the 50-day SMA and surpassed the previous descending wedge pattern, showing strong bullish signals. If the price maintains above $4.75, DOT may head towards $5.50, $7.60, or even $9.25. However, if it fails to hold the $4.69 support, it could retreat to $4.18 or $3.90.
Polkadot Upgrade Expectations Spark Market Attention
The upcoming technical upgrade of Polkadot is expected to increase the transactions per second (TPS) to 143,000. By introducing parallel processing and modular chains, Polkadot's operational efficiency will be significantly improved, with block times expected to be reduced to 500ms. If this upgrade is widely adopted, it could drive the DOT price up. However, if the upgrade's effectiveness is not validated, market confidence in DOT may waver, and price increases could be limited.
Future Trends of Polkadot
If the upgrade is successful and leads to higher adoption rates, the DOT price could potentially break through $9. Conversely, if investors remain skeptical about the upgrade, it may cause the DOT price to stagnate below $5. Therefore, the future of Polkadot remains uncertain, and investors should closely monitor the upcoming technical updates.
Polkadot (DOT)'s recent technical upgrade and price breakthrough have sparked market discussions. By successfully breaking through the descending wedge pattern, DOT is shifting towards a potential bull market, but still faces several key resistance levels.
Polkadot Breaks Key Resistance, May See $7.60 in the Short Term
The price of Polkadot has broken the 50-day SMA and surpassed the previous descending wedge pattern, showing strong bullish signals. If the price maintains above $4.75, DOT may head towards $5.50, $7.60, or even $9.25. However, if it fails to hold the $4.69 support, it could retreat to $4.18 or $3.90.
Polkadot Upgrade Expectations Spark Market Attention
The upcoming technical upgrade of Polkadot is expected to increase the transactions per second (TPS) to 143,000. By introducing parallel processing and modular chains, Polkadot's operational efficiency will be significantly improved, with block times expected to be reduced to 500ms. If this upgrade is widely adopted, it could drive the DOT price up. However, if the upgrade's effectiveness is not validated, market confidence in DOT may waver, and price increases could be limited.
Future Trends of Polkadot
If the upgrade is successful and leads to higher adoption rates, the DOT price could potentially break through $9. Conversely, if investors remain skeptical about the upgrade, it may cause the DOT price to stagnate below $5. Therefore, the future of Polkadot remains uncertain, and investors should closely monitor the upcoming technical updates.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
4
0