Polkadot (DOT) Is Now ‘Basically Open Air’ With No Near Term Resistance as ‘Epic Pump’ Begins, Top Analysts Set Their Targets

With Polkadot’s DOT token presently trading around $9, several prominent analysts have noted that price could surge significantly in the near term as it faces little overhead resistance.

CryptoBullet’s Outlook

Crypto analyst CryptoBullet stated that with DOT at $9, “It’s basically open air till $16.” This implies a 77% rally from current levels if Polkadot can reach his $16 target.

Ash Crypto’s Epic Pump Call

Meanwhile, Ash Crypto sees even more upside ahead, tweeting “$DOT EPIC PUMP HAVE STARTED SEND THIS TO $12 NEXT DOT 2.0 WILL BE A GAME CHANGER.” Ash believes improvements coming in Polkadot 2.0 could spark a 33% pump to $12.

Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK?🤫

The key? Getting in early, especially during the ICO phase. Check out NuggetRush today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. Seize the opportunity with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.

Show more +

AlphaInvestor’s Indicators Agree

Finally, AlphaInvestor’s proprietary VRVP indicator points to additional strength as well, with DOT “climbing out of the mud” that has kept it rangebound between $4 to $10. The analyst notes DOT faces little resistance until the $17.50 level, 89% above the current price.

So with Polkadot trading at multi-month lows, these experts highlight the potential for massive gains if bullish momentum returns to the smart contract platform. Their return targets range from 33% to as much as 94% if DOT can eclipse $17.50 and break out.

You may also be interested in:

Check NuggetRush ($NUGX)

Sponsored: Invest Responsibly, Do Your Own Research.
Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
A unique play-to-earn gaming platform in the memecoin market
The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
Fosters a strong community by encouraging physical meetups among members
NFT Integration with Prominent Characters
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

CaptainAltcoin
Logo