DOT Price Prediction: Polkadot(DOT) Price Eyes $100, Here Are Next Levels to Look Out on Daily, Weekly and 4 Hr Charts

Published by
DOT Price Prediction: Polkadot(DOT) Price Eyes $100, Here Are Next Levels to Look Out on Daily, Weekly and 4 Hr Charts

Will Polkadot (DOT) price breach $100? Polkadot announced that DOT token holders had passed Referendum 41 and a successful Parachain launch sets Polkadot up for the next step in its journey towards being a multi-chain network.

Advertisement

Major Market Updates for Polkadot (DOT)

  • Polkadot’s Parachain auctions will make it possible for developers to register, build, and source funding for their projects on the Polkadot ecosystem.
  • Joe Petrowski a member of Web3 Foundation believes that the success of Kusama and assessment by Parity shows that the code for Parachains, auctions, and crowd loans are all ready for an initial production release.

Going forward, let’s analyze the price charts of the DOT vs. BTC and DOT vs. USDT, identifying the significant levels and chart patterns and seeing how the recent fundamental events and announcements show the trend direction.

Advertisement

DOT Price Prediction: DOTBTC Weekly Chart

DOT the native cryptocurrency of the Polkadot ecosystem breaks above the bearish trend line and 13 September resistance against the BTC, followed by a bull-trap candlestick formation after last week’s price close.

Following the recent events on the Polkadot network, the bull-trap candlestick formation may only last for a price correction in the new week, and we can see increased demand for the DOT token over Bitcoin in the coming days.

Advertisement

DOT Price Prediction: DOTUSDT Weekly Chart

Starting the DOTUSDT analysis from a weekly chart overview, we notice a breakout of bearish divergence resistance after the recent weekly closing price. 

Although we may see a short-term slowing of the DOTUSDT, the general trend outlook for the crypto-pair remains bullish in the mid-term.

Higher RSI readings above level-75 already hint at a parabolic price surge for the DOTUSDT as we enter the remaining weeks of Q4 ’21.

DOT Price Prediction: DOTUSDT Daily Chart

Last week’s bullish closing price and rejection of the significant bearish resistance shows that the DOTUSDT could surge towards the $100.00 round number resistance in the coming weeks, considering that the DOTUSDT crypto-pair already flags a parabolic trajectory with a higher RSI reading on the daily time frame.

DOT Price Prediction: DOTUSDT 4 Hr Chart

After finding support above the inside-bar support of 02 November 04:00, we start to see a slowing of bullish momentum upon reaching the 04 November 12:00 resistance.

The DOTUSDT could trade within the $55.0965 and 48.0056 price range before bursting into new price highs in the coming days.

However, a breakdown of the $48.0056 support hints at a dipper price correction before the anticipated bullish trajectory. The DOT ecosystem maintains a bullish sentiment as we go into the new week.

Advertisement

Share
Sunil Sharma

Sunil is a serial entrepreneur and has been working in blockchain and cryptocurrency space for 2 years now. Previously he co-founded Govt. of India supported startup InThinks and is currently Chief Editor at Coingape and CEO at SquadX, a fintech startup. He has published more than 100 articles on cryptocurrency and blockchain and has assisted a number of ICO's in their success. He has co-designed blockchain development industrial training and has hosted many interviews in past. Follow him on X at @sharmasunil8114 and reach out to him at sunil (at) coingape.com

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Altcoin News

ASTER Token Rockets Over 10% in an Hour as Binance Announces Spot Listing

Crypto exchange Binance on Monday said it will list next-generation decentralized perpetual exchange Aster's crypto…

October 6, 2025
  • Altcoin News

Whale Dumps Massive $55 Million in XRP to Ripple as Coin Falls Below $3?

A whale alert regarding a massive $55 million XRP transfer to a Ripple wallet sparked…

October 6, 2025
  • 24/7 Cryptocurrency News

Aster Token Crashes 10% On DEX Integrity Issues Ahead of Airdrop, What’s Happening?

BNB-based decentralized exchange (DEX) Aster has come into the limelight recently, this time facing integrity…

October 6, 2025
  • Bitcoin News

Spot Bitcoin ETFs Record 2nd Best Weekly Inflows Ever, Bloomberg Analysts Bullish

Spot Bitcoin ETFs saw nearly $3.3 billion in net inflows last week, the 2nd largest…

October 6, 2025
  • 24/7 Cryptocurrency News

Michael Saylor Says “No New Orange Dots” Pausing Bitcoin Buys as Holdings Hit Record $79B

Michael Saylor hinted that Strategy would not be making its routine Bitcoin purchase this week.…

October 5, 2025
  • 24/7 Cryptocurrency News

Experts Turn Bullish on Pudgy Penguins as PENGU Leads Meme Coin Buys on Solana

Crypto experts have begun to make bullish projections for Pudgy Penguins’ native token, PENGU. This…

October 5, 2025