The post Polkadot (DOT) Price Surges 3.8% Ahead of Major September 8 Announcement appeared on BitcoinEthereumNews.com.

Alvin Lang
Sep 08, 2025 07:09

DOT trades at $4.00 with 3.82% daily gains as Polkadot prepares for significant announcement today. Technical indicators show bullish momentum building.

Quick Take • DOT currently trading at $4.00 (+3.82% in 24h) • Polkadot’s MACD histogram signals bullish momentum with positive divergence • Major announcement scheduled for today (September 8, 2025) driving anticipation What’s Driving Polkadot Price Today? The DOT price is experiencing upward pressure as the cryptocurrency community awaits Polkadot’s major announcement scheduled for today, September 8, 2025. This news, officially confirmed on September 7, has generated significant anticipation within the Polkadot ecosystem and broader blockchain industry, though specific details remain undisclosed. Recent ecosystem developments have provided additional support for DOT’s price momentum. On September 3, analysts highlighted Polkadot’s potential for significant appreciation, citing ecosystem upgrades like Snowbridge and identifying bullish technical patterns. The analysis coincided with a substantial spike in trading volume to $279 million, demonstrating renewed trader interest in the project. The latest Polkadot Digest from September 5 reported mixed signals, noting that while ecosystem developments continue progressing, including Parity’s 10th anniversary milestone, the staking rate has decreased slightly to 48.97%. This decline in staking participation could indicate either profit-taking behavior or preparation for increased trading activity around today’s announcement. DOT Technical Analysis: Bullish Signals Emerge Polkadot technical analysis reveals encouraging momentum indicators supporting the current price rally. The DOT MACD histogram shows a positive reading of 0.0162, indicating bullish momentum building for Polkadot despite the negative MACD line at -0.0075. This divergence often signals a potential trend reversal in favor of buyers. Polkadot’s RSI currently sits at 53.96, placing DOT RSI in neutral territory with room for upward movement before reaching overbought conditions. The balanced RSI reading suggests sustainable price appreciation potential…

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Filed under: News - @ September 8, 2025 8:29 am