07-03-2024 05:58 via newsbtc.com

DOT Price (Polkadot) Jumps 10%, Why Bulls Can Pump It To $12

Polkadot (DOT) is gaining pace above the $10.00 resistance against the US Dollar. The price could extend its rally toward the $12.00 level in the near term.DOT is gaining pace above the $9.80 and $10.00 levels against the US Dollar.
The price is trading above the $10.00 zone and the 100 simple moving average (4 hours).
There is a key bullish trend line forming with support at $9.10 on the 4-hour chart of the DOT/USD pair (data source from Kraken).
The pair could continue to rise toward the $12 r
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