Price Analysis

Polkadot Price Prediction As Protocol Brings Real World Assets On-Chain, Bullish Signal?

Polkadot price prediction: DOT could drop to $5.3 to sweep fresh liquidity as part of the plan to make a comeback above $10.
Published by
Polkadot Price Prediction As Protocol Brings Real World Assets On-Chain, Bullish Signal?

Polkadot price prediction: The crypto market is moving sideways on the first day of the last month of the year, but Polkadot (DOT) shows a completely different picture, increasing by 4% to $5.39.

Traders have been turning their attention to large market cap altcoins like Solana (SOL[), Chainlink, Polkadot, and more with Bitcoin and Ethereum consolidating.

Polkadot cumulatively gained 24% in the last 30 days, a feat achieved due to the developments within the network, including the strategic partnership to advance real-world assets (RWAs) adoption on-chain.

Advertisement

Polkadot Price Prediction: DOT May Drop First Before Rebounding

After a few weeks of consolidating and searching for higher support, Polkadot broke above the first descending trendline at $5.33. The momentum extended the rally to $5.51 but the stalled shortly after.

Drawing a trendline to connect the latest highs and November’s top at $5.87 shines a light on the growing resistance which could compel more traders to close their long positions and lock in the gains.

On the bright side, Polkadot could bounce off the first trendline and make a stronger approach to the next resistance zone between $5.8 and $6. The 50-day Exponential Moving Average (EMA) (red) holding slightly below the trendline may help to mitigate the downside but it is too early to rule out a possible drop to $5.

Polkadot price predicts chart | Tradingview

A short-term bearish outlook is building based on the Moving Average Convergence Divergence (MACD) indicator. The sell signal will manifest with the blue MACD crossing below the red signal line.

It is worth mentioning that an extended correction is unlikely considering the generally bullish crypto market. Besides, investors are looking forward to a Santa rally likely before or after Christmas.

Historical data shows that the crypto market has a higher tendency to rally in December and January than lose traction. That said, a successful retest of the first trendline’s support which coincides with the 50 EMA could boost DOT’s recovery to $6 — a move likely to eventually push for highs above $10.

Recommended for you: Solana Price Prediction: Examining SOL Technical Structure With $100 Target Beckoning 

Advertisement

Polkadot Collaborates With Web3 Foundation To Bring Real-World Assets On-Chain

The Web3 Foundation known for supporting the development of the Polkadot ecosystem has announced the intention to tokenize a section of its treasury into real-world assets (RWAs) in collaboration with Centrifuge, a platform for advancing on-chain finance.

According to a blog post published by Centrifuge, the Web3 Foundation will kickstart this process with an investment worth $1 million. This decision comes as part of the organization’s mission to support the development of Web3 projects.

“With this collaboration between Centrifuge and Web3 Foundation, the stage is set for significant growth and innovation for real-world assets using Polkadot’s infrastructure and technology,” Lucas Vogelsang, Co-Founder of Centrifuge said.

Tokenized real-world assets are a fast-growing sector of the crypto economy, especially on networks like Chainlink and Maker DAO. It is projected that the sector will be worth $16 trillion by 2030, and Polkadot is likely to be a significant player.

Related Articles

Share
John Isige

John is a seasoned crypto expert, renowned for his in-depth analysis and accurate price predictions in the digital asset market. As the Price Prediction Editor for Market Content at CoinGape Media, he is dedicated to delivering valuable insights on price trends and market forecasts. With his extensive experience in the crypto sphere, John has honed his skills in understanding on-chain data analytics, Non-Fungible Tokens (NFTs), Decentralized Finance (DeFi), Centralized Finance (CeFi), and the dynamic metaverse landscape. Through his steadfast reporting, John keeps his audience informed and equipped to navigate the ever-changing crypto market.

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

  • Price Analysis

Chainlink Price Eyes $55 as Reserve Holdings Jump With 43,937 LINK Addition

Chainlink price has been carving a path of resilience, supported by steady inflows and consistent…

September 6, 2025
  • Price Analysis

Cardano Price Targets 30% Surge as Top Economist Calls for Fed Cut

Cardano price is eying a 30% surge in the coming weeks after forming a highly…

September 5, 2025
  • Price Analysis

ETH Price Forecast as Grayscale’s Covered Call Ethereum ETF Spurs Optimism — Is $8,500 in Sight?

Ethereum ETF products have gained increased attention as the market observes new institutional entries. At…

September 5, 2025
  • Price Analysis

Bitcoin Price Prediction as SEC Unveils Agenda for Crypto Regulation — Is $200K Next?

Bitcoin price has continued to draw attention as the market reacts to fresh catalysts. At…

September 5, 2025
  • Price Analysis

ONDO Price Prediction Amid Bitget Collaboration on Tokenized Stocks and ETFs: Is $2 Next?

At press time, ONDO trades at $0.9083, marking a 5.2% drop in the past day.…

September 5, 2025
  • Press Release

Dogecoin Price Forecast as REX Osprey ETF Sparks Hype — Is $5 Within Reach?

Dogecoin price has entered the spotlight again as technical structures and institutional filings spark optimism.…

September 5, 2025