Polkadot (DOT) Forecasted To Rise 50% Next Week, Reach $15
Main parachain-based cryptocurrency PolkaDot climbed above the $10 mark on Friday. The final DOT hit double digits within the indices was in Could 2022 and remained buying and selling with single digits for practically 20 months. The cryptocurrency started attracting heavy bullish sentiments his month after Bitcoin climbed above the $69,000 mark. Bitcoin’s rise is pushing different main altcoins to succeed in new yearly highs whereas delivering stellar returns to traders.
![](https://watcher.guru/news/wp-content/uploads/2024/03/polka-dot-10.jpg)
![](https://watcher.guru/news/wp-content/uploads/2024/03/polka-dot-10.jpg)
Now that PolkaDot stays within the inexperienced and climbed above $10, will the cryptocurrency rally additional and attain $15? On this article, we are going to spotlight how excessive or low DOT may commerce within the indices within the coming weeks.
PolkaDot: A 50% Surge in Value & $15 On the Playing cards For DOT
![Polkadot DOT](https://watcher.guru/news/wp-content/uploads/2021/10/Polkadot-1024x576.jpg)
![Polkadot DOT](https://watcher.guru/news/wp-content/uploads/2021/10/Polkadot-1024x576.jpg)
Main on-chain metrics and value prediction agency CoinCodex has predicted that PolkaDot may rise by one other 50% this month. Based on the worth prediction, DOT may attain one other new yearly excessive of $15 within the coming days. The forecast signifies that PolkaDot may hit $15.57 throughout mid-March. Subsequently, an funding of $10,000 may flip into $15,000 this month if the prediction seems correct.
![](https://watcher.guru/news/wp-content/uploads/2024/03/polka-dot-price-prediction-15-1024x360.jpg)
![](https://watcher.guru/news/wp-content/uploads/2024/03/polka-dot-price-prediction-15-1024x360.jpg)
DOT is showcasing good volatility this month giving day-traders ample time to tug out with earnings. The day’s highs and lows are greater than $2, giving them an opportunity to guide good returns.
The Day by day Easy Transferring Common (SMA), Day by day Exponential Transferring Common (EMA), Weekly Easy Transferring Common (SMA), and Weekly Exponential Transferring Common (EMA) all level towards a ‘purchase’ name for PolkaDot. This places DOT on a pedestal because the cryptocurrency may ship good returns this month throughout the bull run.
At press time, PolkaDot was buying and selling at $10.3 and is up down 0.1% within the 24-hours day commerce. Nonetheless, DOT is down near 82% from its all-time excessive of $54.98, which it reached in November 2021.