{"id":2803,"date":"2024-08-13T16:11:27","date_gmt":"2024-08-13T08:11:27","guid":{"rendered":"https:\/\/btcrankings.com\/?post_type=blog&#038;p=2803"},"modified":"2024-08-13T16:11:27","modified_gmt":"2024-08-13T08:11:27","slug":"polkadot-dot-seen-reversing-losses-with-116-rally-to-10-analyst","status":"publish","type":"blog","link":"https:\/\/btcrankings.com\/en\/blog\/polkadot-dot-seen-reversing-losses-with-116-rally-to-10-analyst\/","title":{"rendered":"Polkadot (DOT) Seen Reversing Losses With 116% Rally To $10 \u2013 Analyst"},"content":{"rendered":"<p>Polkadot token DOT has indeed been hot on the cryptocurrency market throughout the week, appreciating over 21%. Despite the gains bringing further enthusiasm among the investors, the token pressed on higher and continues to trade at $4.65 with a market capitalization of more than $6.6 billion.<\/p>\n<p>Now ranking 17th in the largest cryptocurrencies, investors and DOT aficionados cannot stop wondering if it can sustain its momentum.<\/p>\n<p>Related Reading<\/p>\n<p>Something is literally now hyping in the air, particularly after the analysis of the popular crypto analyst known as \u201cZayk Charts.\u201d The analyst observed a falling wedge pattern on the 2-day chart for DOT\/USDT, and it could truly be a game-changer.<\/p>\n<p>$DOT Falling Wedge Formation in 2D Timeframe?<\/p>\n<p>Incase of Breakout,Next Target wil be $10?#DOT #DOTUSDT #Polkadot #Crypto pic.twitter.com\/xgqyjAN4ul<\/p>\n<p>\u2014 ZAYK Charts (@ZAYKCharts) August 11, 2024<\/p>\n<p>This is usually a bullish sign and gets more than 70% ripeness for triggering a trend reversal of the negative variety. If DOT breaks out of this wedge, Zayk Charts predicts it could shoot straight up and target a price as high as $10.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Polkadot token DOT has indeed been hot on the cryptocurrency market throughout the week, appreciating over 21%. Despite the gains bringing further enthusiasm among the investors, the token pressed on higher and continues to trade at $4.65 with a market capitalization of more than $6.6 billion. Now ranking 17th in the largest cryptocurrencies, investors and [&hellip;]<\/p>\n","protected":false},"author":210035327,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"blog_tag":[],"blog_category":[132575],"class_list":["post-2803","blog","type-blog","status-publish","hentry","blog_category-news"],"_links":{"self":[{"href":"https:\/\/btcrankings.com\/en\/wp-json\/wp\/v2\/blog\/2803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/btcrankings.com\/en\/wp-json\/wp\/v2\/blog"}],"about":[{"href":"https:\/\/btcrankings.com\/en\/wp-json\/wp\/v2\/types\/blog"}],"author":[{"embeddable":true,"href":"https:\/\/btcrankings.com\/en\/wp-json\/wp\/v2\/users\/210035327"}],"replies":[{"embeddable":true,"href":"https:\/\/btcrankings.com\/en\/wp-json\/wp\/v2\/comments?post=2803"}],"version-history":[{"count":1,"href":"https:\/\/btcrankings.com\/en\/wp-json\/wp\/v2\/blog\/2803\/revisions"}],"predecessor-version":[{"id":2804,"href":"https:\/\/btcrankings.com\/en\/wp-json\/wp\/v2\/blog\/2803\/revisions\/2804"}],"wp:attachment":[{"href":"https:\/\/btcrankings.com\/en\/wp-json\/wp\/v2\/media?parent=2803"}],"wp:term":[{"taxonomy":"blog_tag","embeddable":true,"href":"https:\/\/btcrankings.com\/en\/wp-json\/wp\/v2\/blog_tag?post=2803"},{"taxonomy":"blog_category","embeddable":true,"href":"https:\/\/btcrankings.com\/en\/wp-json\/wp\/v2\/blog_category?post=2803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}