Potential Growth of Polkadot in the Middle of Market Correction
Polkadot (DOT) is trading at $6.37 during a market downturn, and experts are looking for a possible rally if it breaks important resistance levels, which are bolstered by a positive Relative Strength Index (RSI), while talking about its optimistic trajectory and long-term investment plans.

CryptoPotato reports that Polkadot (DOT) is presently selling during a market downturn at around $6.37. Should it clear important resistance zones, analysts see a possible rise. As present levels show the asset is not overbought, the Relative Strength Index (RSI) indicates it may be about to start an upward trend.
Another cryptocurrency greatly hit by the current market slump is Polkadot's DOT. On a daily basis, that is a 2% drop, and over a two-week period, 14%. Talking about the asset's decline, analyst Yakuza said that the volatility of previous week suggested DOT was in a bullish phase. He did contend, though, that "the party isn't over yet." Yakuza pointed out a critical resistance level of around $7.90, which, if broken, would cause a significant increase above $13.
An additional analyst, Block Diversity, disclosed their DOT ecosystem investment. They put in at $4.90 at first, then raised their stake to $7.50 before it fell to $6.20. Long-term holding of their investment is their intention.
Another expert, Michael van de Poppe, forecasted a DOT surge should the asset surpass $9.30, maybe even to $17. According to Crypto Thanos, the $6–7.50 range is a part of DOT's building phase. Based on several factors, such the "supersession of the old model of parachain auctions," the "radical change in the use," and the "reduction of inflation via the burning of fees," they have high hopes for the token.
One important on-chain metric that suggests DOT's value may be set for a boost is the Relative Strength Index (RSI). Indicating possible reversal points, this momentum oscillator helps identify whether the coin is overbought or oversold. Statistics indicates that the RSI, which is now at 32, has remained below 70 since May 22 and may be about to correct.
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