---
title: "Polkadot (DOT) Price Prediction: Huge Move Incoming (Analyst)"
url: https://diffcoin.com/polkadot-dot-price-prediction-huge-move-incoming-analyst/
description: "\"The next run is likely going to bring it towards $17-22,\" one analyst said about DOT."
published: 2024-07-01
updated: 2024-07-01
author: "Mila"
site: "Diffcoin"
---

# Polkadot (DOT) Price Prediction: Huge Move Incoming (Analyst)

**TL;DR**

- Polkadot’s DOT has risen 12% this week, trading around $6.30, with industry participants predicting further growth and potential volatility, aiming for prices between $6.70 and $22.
- Analysts Rekt Fencer and Crypto Tony see a potential for DOT to reach new highs, forecasting up to $60 if it stays above key support levels and reclaims resistance zones.

## When Bull Run?

Polkadot’s native cryptocurrency—DOT—is among the best-performing digital assets on a weekly scale, seeing its price rise by 12%. It currently trades at around $6.30 (CoinGecko’s data), with some analysts expecting a further uptrend in the near future.

![DOT Price](data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCAxMDY3IDcxNyIgd2lkdGg9IjEwNjciIGhlaWdodD0iNzE3IiBkYXRhLXU9Imh0dHBzJTNBJTJGJTJGY3J5cHRvcG90YXRvLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyNCUyRjA3JTJGRE9ULVByaWNlLTEucG5nIiBkYXRhLXc9IjEwNjciIGRhdGEtaD0iNzE3IiBkYXRhLWJpcD0iIj48L3N2Zz4=)

DOT Price, Source: CoinGecko

EliZ – an X user with almost half a million followers – predicted huge volatility for the token in the following days and an eventual increase to approximately $6.70.

Michael van de Poppe – another popular analyst – was much more bullish. He touched upon the matter last week, claiming that DOT seemed to be “breaking upwards from the crucial area of support.” The trader went further, forecasting a rally to as high as $22 should the price cross the $9.29 resistance level.

> It seems like [$DOT](https://twitter.com/search?q=%24DOT&src=ctag&ref_src=twsrc%5Etfw) is breaking upwards from the crucial area of support.
> 
> If this is the rotation, then the next run is likely going to bring it towards $17-22. [pic.twitter.com/onB5X7BjOh](https://t.co/onB5X7BjOh)
> 
> — Michaël van de Poppe (@CryptoMichNL) [June 25, 2024](https://twitter.com/CryptoMichNL/status/1805612159738724826?ref_src=twsrc%5Etfw)

## Additional Predictions

The X users Rekt Fencer and Crypto Tony were among those speculating on DOT’s movement last month. The former assumed the asset has “entered the AI race,” forecasting a price explosion to a new all-time high of more than $60 by the end of this year.

Crypto Tony outlined the $5.70 mark as a “key support level,” promising to hop on the bandwagon as an investor should DOT stay above that zone “for a few weeks.”

Shortly after, the analyst said the moment for “a safe entry” would be once the token reclaims the $6.50 resistance level.

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[Source link](https://cryptopotato.com/polkadot-dot-price-prediction-huge-move-incoming-analyst/)