Polkadot (DOT) is currently trading at $3.77 after a 2.35% increase in value. Volume was $365.25 million, a brief 48.75% increase in activity over the past 24 hours. While this move still has DOT below where last week’s data reveals it was during this seven-day history of prices, it did fall part of this span by 0.96%.
Traders are keeping a close eye on these changes. A higher spike within a 24-hour timeframe shows renewed interest but a week downtrend shows investors’ cautiousness. Volatility is still persistent and DOT continues to appear to be testing levels of support. Traders want to know if this rise can continue into a smoother uptrending motion or if it’s only a temporary bounce.
Support zone critical for price action
According to crypto analyst Crypto Vulture Trader, DOT now occupies the bottom side of its broadening wedge on the weekly timeframe. The region is a good level of support, a level which will most probably dictate the token’s next move. If the price sustains further, technicians predict a squeeze higher to $23.83 levels last touched months ago.
But the danger is obvious. If DOT does not maintain this support, then it could plunge further down, dampening short-term traders. It seems a test of strength for the coin is indicated in the wedge shape. Hope is constructed only if buying force persists. The market is still evenly divided between a rebound prospect and a continued weakness possibility.
DOT price predictions for 2025
Forecasts on Polkadot’s future differ widely among analysts. DigitalCoinPrice foresees that the coin will reach about $8.29 or higher in December 2025. Some even foresee that DOT will reach past all-time highs at $55.00 or higher, but such a scenario appears distant at this time. Optimistic observers positing a return to past strength rely on wider acceptance and increasing optimism in the overall crypto environment.
Changelly takes a far more tempered approach. Projections put DOT’s average at $3.91, and not a lot of growth in sight. Its projected ROI is -5.5%, a far cry from bull estimates. Its projections call for September 2025 levels between $3.83 and $3.90, but this does little but pose questions rather than provide answers to investors.
