Polkadot (DOT) Down 98% from ATH, Analyst Claims Best Entry Zone
- Price Trend Analysis: Polkadot (DOT) is currently priced at $1.25, down 98% from its all-time high of $55, yet analyst Crypto Patel believes that the long-term descending channel is compressing near a demand zone, potentially signaling the start of a new upward cycle.
- Target Price Setting: Patel outlines target prices of $2, $5, $10, $20, and even $50, indicating a possible 4,000% increase from the current accumulation zone of $1.20 to $1, which could significantly benefit investors.
- Economic Policy Shift: In March 2026, Polkadot implemented a significant economic change by setting a hard cap of 2.1 billion DOT and reducing annual issuance by approximately 53%, transitioning DOT from an inflationary to a disinflationary asset, which is expected to support price stability.
- Weak ETF Demand: Despite the launch of the 21Shares Polkadot Spot ETF on Nasdaq on March 6, 2026, demand has been weak, with zero inflows for the first 27 days, indicating that the market's appetite for Polkadot is still not fully realized.
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Technical Analysis for DOT
Technical Sentiment Analysis for Polkadot (DOT). As of , Polkadot (DOT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 2 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DOT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, DOT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Polkadot (DOT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.083 | 1.131 | 1.179 | 1.227 | 1.275 | 1.323 | 1.371 |
| Fibonacci | 1.131 | 1.168 | 1.19 | 1.227 | 1.264 | 1.286 | 1.323 |
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