• Polkadot price is bounded inside a symmetrical triangle pattern on the 4-hour chart.
  • The digital asset is on the brink of a significant 25% breakout towards $44.
  • DOT could continue to trade sideways for the next few days if there is no clear breakout.

Polkadot price has significantly rebounded from a low of $29.7 on February 28 but continues trading sideways inside a tightening pattern on the 4-hour chart. Bulls aim for a breakout above the critical resistance level at $35 while bears hope for another rejection.

Polkadot price needs to crack this key level

On the 4-hour chart, Polkadot has established a symmetrical triangle pattern and it’s on the verge of a breakout above the key resistance level at $35. Climbing above this point would lead Polkadot price towards $44, a 25% move calculated using the height of the pattern as a reference point. 

dot price

DOT/USD 4-hour chart

However, rejection from the key resistance level of $35 would be notably bearish and likely to drive Polkadot price down to the lower boundary of the pattern at $31. 

dot price

DOT Sell Signals

The TD Sequential indicator has presented sell signals on the 3-day and weekly charts, adding a lot of pressure to the bulls and credence to the bearish outlook.


Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Recommended content


Recommended Content

Editors’ Picks

Bitcoin punches new all-time high above $111,800 following brief shock from weak 20-year bond auction

Bitcoin punches new all-time high above $111,800 following brief shock from weak 20-year bond auction

Bitcoin (BTC) hit a new all-time high above $111,800 on Thursday, rebounding from a brief dip to $106,000. The surge followed weak demand in the US Treasury’s 20-year bond auction, which pushed yields above 5%, potentially shifting investor interest toward alternative assets like Bitcoin.

VeChain partners with Wanchain to launch cross-chain bridges to over 40 blockchains

VeChain partners with Wanchain to launch cross-chain bridges to over 40 blockchains

VeChain (VET) announced a strategic partnership with Wanchain on Wednesday to integrate cross-chain bridges connecting its VeChainThor blockchain to more than 40 other networks, including major chains like Bitcoin (BTC) and Ethereum (ETH).

Ethereum Price Forecast: ETH sees rising buying pressure as it recovers the $2,500 mark

Ethereum Price Forecast: ETH sees rising buying pressure as it recovers the $2,500 mark

Ethereum (ETH) saw a 2% gain in the early Asian session on Thursday, recovering the $2,500 key level after whales stepped on the gas with their buying pressure. Ethereum's supply on exchanges extended its decline to 18.73 million ETH on Wednesday.

WLD rallies as Worldcoin Foundation raises $135 million for network expansion

WLD rallies as Worldcoin Foundation raises $135 million for network expansion

WLD saw a 7% gain on Wednesday following an announcement from the World Foundation that it raised $135 million from token sales to expand its World network in the US and other regions.

Bitcoin: BTC stabilizes near $103,000 amid trade optimism, rising institutional demand

Bitcoin: BTC stabilizes near $103,000 amid trade optimism, rising institutional demand

Bitcoin (BTC) price stabilizes at around $103,000 when writing on Friday, after facing multiple rejections at the key $105,000 resistance level throughout the week.

The Best brokers to trade EUR/USD

The Best brokers to trade EUR/USD

SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.

BTC

ETH

XRP