Polkadot (DOT) Cryptocurrency analysts are attracting attention for their bullish views on cryptocurrencies. One of his is Cryptocurrency expert Michael van de Poppewho believe Polkadot could rise to $25 In this cattle drive.
Polkadot could reach $25 in next leg up
michael van de poppe Mentioned by X (formerly Twitter) post Polkadot’s next rally is expected to be between $20 and $25. He explained that crypto tokens have seen a significant correction in the past few months, but the return to pre-rise levels has shown sufficient strength. The analyst further claimed that Polkadot has bottomed out “especially since the JAM white paper came out.”
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As such, he believes Polkadot is well-prepared for this rally, which could propel the stock to such great heights. Crypto analysts strongly believe in Polkadot’s potential.he previously included Polkadot is on the list of crypto tokens that he believes are undervalued. He argued that DOT’s valuation remains at cycle lows, which opens up a “huge opportunity” for investment.
Van de Poppe has invested heavily in Polkadot because of its technology.previous ×post, he highlighted how JAM (Join-Accumualte Machine) Paper, which ushered in Polkadot 2.0, will revolutionize the DOT ecosystem. He also claimed that Polkadot is “his second largest blockchain in terms of development and growth.” Therefore, he expects DOT’s prices to soon complement the team’s efforts.
On the other hand, Van de Poppe I’m looking forward to it Polkadot is expected to reach $20 in the third quarter of this year. For now, he believes the $8 and $17 range is the key resistance level that the crypto token must break to enjoy such a parabolic rally.
A more bullish forecast for DOT
Crypto analyst Crypto Thanos offered a more bullish forecast. Polka dot patternwhich states that crypto tokens above $50 are “easily achievable.” Cattle running. He believes this price is achievable because he expects institutional investors to be interested in large-cap stocks like Polkadot.he also said: polka dot collaboration Tie aims to increase exposure and access to institutions.
It is worth noting that Polkadot’s all-time high (ATH) With the current price of $55, Thanos’ prediction for the crypto token is possible. Crypto tokens are known to typically exceed their ATH for any period of time. Cattle running.
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Crypto Analyst Captain Fibig We’ve provided some insight into what you can expect from Polkadot in the short term. He predicts that crypto tokens will see a 35% “bullish rebound” in the near future. He said DOT’s “breakout/retest of the major trend line has already been confirmed” on the four-hour chart.
At the time of writing, Polkadot is trading at around $7.11, up more than 2% in the past 24 hours, according to . data From CoinMarketCap.
Charts on Tradingview.com
https://www.newsbtc.com/analysis/dot/polkadot-price-massive-breakout/
