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The Polkadot crypto is poised for a spectacular rally

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COINBASE:DOTUSD   Polkadot
The DOT crypto is experiencing a surge of 1.62% in the last 24 hours, trading at $11.56.

The Polkadot crypto is poised for a spectacular rally, as it prepares to smash the resistance level and soar to new heights from the current support zone.

However, if the demand for the DOT remains high, the asset price could bounce back from the current level. The next goal for the Polkadot price is to reach $14.00.

The Polkadot crypto asset is displaying bullish characteristics and can extend its gains. It has shown good performance in the past week, and one month by 12.17%, and 61.03% respectively, indicating a consistent upward trend.

The DOT crypto asset is exhibiting bullish strength and rising capacity as it holds above major EMA's.

However, if the Polkadot crypto price fails to stay above the $9.500 level, it could decline further.
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