DOT Price Surges 6.61% as Polkadot Technical Analysis Shows Bullish Momentum
The post DOT Price Surges 6.61% as Polkadot Technical Analysis Shows Bullish Momentum appeared on BitcoinEthereumNews.com.
Luisa Crawford
Sep 13, 2025 09:02
DOT trades at $4.50 with strong 6.61% daily gains. Technical indicators signal continued upside potential as Polkadot breaks key resistance levels.
Quick Take • DOT currently trading at $4.50 (+6.61% in 24h) • Polkadot’s RSI at 67.46 indicates strong momentum without being overbought • Major announcement on September 8th sparked initial rally, momentum continues What’s Driving Polkadot Price Today? The DOT price surge continues building on momentum from last week’s major announcement anticipation. On September 8, 2025, Polkadot prepared for a significant announcement that initially drove DOT price up 3.8% to $4.00. The sustained buying pressure has now pushed the token even higher, reaching $4.50 with an impressive 6.61% daily gain. Recent community developments have provided additional support for Polkadot’s positive sentiment. Parity’s 10th anniversary celebration on September 5th highlighted the long-term commitment of key engineering teams behind the ecosystem. While this milestone had minimal direct price impact, it reinforced confidence in Polkadot’s technical foundation and development continuity. The completion of the Bounty Compliance Audit also demonstrates Polkadot’s commitment to governance improvements, though this administrative update has remained largely neutral in terms of market impact compared to the major announcement catalyst. DOT Technical Analysis: Bullish Signals Emerge The Polkadot technical analysis reveals multiple bullish indicators supporting the current price rally. DOT’s RSI reading of 67.46 sits comfortably in neutral territory, indicating strong momentum without reaching overbought conditions that could trigger immediate profit-taking. Polkadot’s moving average structure shows clear bullish alignment. The current DOT price of $4.50 trades well above all major moving averages, with the 7-day SMA at $4.21 leading the uptrend. The 20-day SMA at $3.95 and 50-day SMA at $3.93 provide solid support levels, while even the longer-term 200-day SMA at $4.06 sits below…
Filed under: News - @ September 14, 2025 12:29 am