Polkadot (DOT) Price Analysis: Is a $5 breakout coming soon?

By Sajjal Ali - Crypto Journalist
Disclaimer: Cryptocurrencies are a high-risk asset class. This article does not constitute investment advice and is provided for informational purposes only. You could lose all of your capital.
Polkadot
Cover illustration/art via BTCRead. Image combines content, which may include AI-generated ideas.

Polkadot (DOT) is trading at $3.39, down slightly by 0.52%. While the price isn’t stirring much excitement, the trading volume tells a different story. Over the last 24 hours, volume surged by 49.26% to reach $155.19 million. That kind of jump hints at growing interest—even if the price itself remains mostly flat.

Over the past week, DOT’s price barely moved, dipping by just 0.36%. Despite the lack of volatility, investors are keeping a close eye. The flat line might look dull on the chart, but analysts see a foundation forming. In the crypto world, calm often comes before a breakout. DOT’s recent behavior has traders whispering about what might come next.

Volume strength supports bullish case

Crypto analyst Warden believes DOT is heating up. The coin has broken through key resistance levels at $3.34 and $3.44. This kind of movement, while small, sends a strong signal. Price action suggests an uptrend could be forming. With momentum building, the market mood is slowly shifting.

Warden highlights $3.69 as a critical support level to watch. As long as DOT holds that line and volume stays up, eyes are on a potential push to $5 or more. Much of this hinges on Polkadot’s promised upgrades in 2025. If those tech promises hold true, investor confidence may ignite a broader rally.

Polkadot price surge in early 2025

DigitalCoinPrice paints a bullish picture. It recalls how DOT touched $7.89 in early January 2025 before slipping below $5.59. Analysts suggest the coin may soon climb back to the $7.43 range. Some even predict a return to its former all-time high of $55, an ambitious leap that hinges on strong development and market faith.

Changelly, offers a far more cautious take. Their 2025 outlook pegs DOT’s maximum price at $3.39, with a grim potential ROI of -18.3%. For July 2025, they expect the coin to trade flat, with both the high and low sitting at $3.38. These opposing forecasts reflect the divide in market sentiment. For now, DOT remains a coin on the edge, either ready to soar or settle into silence.

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Sajjal Ali is a freelance writer & editor with 5 years of experience in crypto, tech, and statistical writing. Susan holds a bachelor’s degree in science (BSc).
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