Polkadot (DOT), the interoperable blockchain protocol, is again turning heads in the crypto market after creating a breakout from a falling wedge pattern. The move, backed by strong technical momentum and layered trendline breaches, has analysts pointing to $10 from its current $4.25 price. Expectations suggest it could move beyond this to the next key price target.
Polkadot Price Breaks Out of Falling Wedge, Retests Support
For months, DOT had been stuck in a bearish channel. The falling wedge, a pattern known for its bullish reversal potential, had been forming since late 2024. It was removing each bullish attempt with successive lower highs.
That changed this week. The DOT price finally broke above the wedge’s upper resistance, creating bullish momentum that carried the token over the psychological $4.00 level. After a brief horizontal support retest near $3.80, the token is breaking past another long-standing descending trendline.
The breakout is drawing attention to this structure’s historical potential. Falling wedges, especially ones confirmed by volume and trendline confluence, often result in rallies that extend up to 50% or more. The chart also highlights a projected move of over 58%, which could place DOT near the $6.50 mark in the short term.
$10 Target: Hope or Technical Reality?
The $10 target for the Polkadot price is not a random speculation. It is a previous support and resistance level that many traders view as a pathway for another price increase. From a current price of around $4.25, this would represent more than 130% growth.
Momentum indicators support this view. RSI has broken out of oversold territory, and volume is picking up as bulls step in. Meanwhile, macro developments like parachain improvements and potential for an ETF are beginning to build a stronger fundamental backdrop for DOT.
Another key point is that Polkadot is currently outperforming many altcoins in terms of technical clarity. While others are still in ranging zones, DOT has clearly invalidated multiple downtrends. It may be leading the way in an early-stage altseason.
While the initial breakout is promising, traders view the next few days as critical. A sustained hold above $4.20–$4.30, combined with growing volume, will be essential to challenge resistance near $5.00. Clearing that would open the door for a quick run to $6.50, followed by technical magnet zones at $8.00 and $10.00.
However, failure to maintain above current levels could lead Polkadot to revisit support, particularly near $3.80. Even in that scenario, the technical structure would remain intact for a continued bullish push in the coming weeks.
Polkadot price’s falling wedge breakout and strong trendline momentum suggest that DOT may finally break free from its long consolidation. The $10 target looks increasingly realistic with volume climbing and sentiment shifting.
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