market-feed-icon
Market Cap
$ 10,083,462,363
market-feed-icon
Total Volume
$ 261,315,198
market-feed-icon
24 Hour
-0.86%
trend-icon
market-feed-icon
7 Day
-2.14%
trend-icon
blog-coin-icon

Polkadot Price Prediction: 2024, 2025, 2030

Polkadot price prediction, DOT’s price has dumped by -0.86% in the last 24 hours.
blog-image
icon
Polkadot
Price Prediction
Polkadot, DOT could hit $17.13 in 2024
Polkadot’s price prediction for the most bearish scenario will value DOT at $5.90 in 2024.
Polkadot’s previous All Time High was on 4 November 2021 where DOT was priced at $54.98.

Polkadot’s price at the same time last week was $6.93. It has moved by -2.14 % in the past week and is currently at $7.37. Infact, in the past 24 hours, DOT has dumped by -0.86 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and DOT could hit $7.17 in 2025.

The total circulating supply of Polkadot as of writing this article was $1369247426.46 and the marketcap of DOT remains at $10,083,462,363

Disclaimer

For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.

DOT price prediction: Key highlights

 

1. Primary support and resistance levels

  • On the weekly time frame, the lowest support level was recorded at $3.9, while the highest probable resistance level can be estimated at around $11.7.

2. Market sentiment

  • The overall market sentiment is seen to be slightly bearish in May 2024.

3. Predictive forecasts

  • Based on our AI/ML predictive models, the forecasted average price of DOT for the year 2032 is projected to be over $16.4, further soaring to over $25.2 in 2035.

Get detailed information on DOT via a comprehensive weekly technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:

 

DOT technical analysis: Can the upcoming upgrade save the price?

 

The Polkadot price prediction for 2024 is largely influenced by its historical price action and broader market dynamics, including investor activity and general sentiment within the cryptocurrency sector.
 

The analysis commenced with DOT experiencing a downturn, dipping below the critical $5.5 level in early May. 
 

As May progressed, attempts by the bulls to breach the $5.5 barrier were met with resistance, leading to a series of rejections that persisted into June. Despite these challenges, the bulls mounted a renewed effort by the end of June, momentarily pushing DOT back to test the $5.5 mark once again. 
 

The repeated inability to sustain above this level culminated in a sharp decline by late July, solidifying $5.5 as a critical price level. By mid-September, DOT had plummeted to its lowest support at $3.9, marking a significant trough for the year.
 

This low appeared to catalyze a change in market sentiment, sparking a vigorous bullish rally. By early October, DOT experienced a trend reversal, effectively breaching the $3.9 level and initiating a bullish phase that saw it retest and eventually surpass the $5.5 level by early November. 
 

This momentum carried DOT towards a higher peak of $8.6 by the end of December, although this surge was short-lived as a pullback to $6.6 occurred with the onset of 2024.
 

As 2024 unfolded, February witnessed another bullish surge that pushed DOT to a yearly high resistance of $10.4 by early March. However, similar to previous patterns, this peak was not maintained, and the token retreated to $8.6 by mid-March.
 

The subsequent weeks saw an intensification of bearish pressure, with DOT descending back to the $6.6 level by early April. The remainder of April and early May was marked by the bulls trying to defend this level. Nevertheless, at the time of writing, DOT had slipped slightly below the $6.6 level to trade at $6.4.
 

According to CoinMarketCap, the token's price declined 7% over the past month alone. Recently, Polkadot's Fellowship approved the launch of Asynchronous Backing, a significant development that will pave the way for the highly anticipated Polkadot 2.0. This new feature will enable parallel transaction validation by cutting the block time from 12 to 6 seconds.
 

In the face of such significant developments, DOT’s value can likely surge. In that case, it may rally above $8.6 to touch the peak resistance at $10.4 soon. Furthermore, if the bullish rally is sustained, DOT may even soar higher to claim the $11.7 mark, a significant level that has not been touched since 2022.
 

However, according to a recent report by AMBCrypto, the altcoin has lost its social media appeal, with a significant decline in social media volumes recently witnessed. If the bears take over due to decreased buying pressure, DOT may plunge below the critical $5.5 within the next few weeks. 
 

If the bears sustain the rally, DOT may fall below the lowest support level, at $3.9, within the upcoming months to touch its all-time low (ATL) value at $2.6 for the first time since 2020.
 

Despite the recent turmoil, the long-term future of this altcoin seems promising. Based on our AI/ML predictive models, the forecasted average price of DOT for 2032 is projected to be over $16.4. In the longer run, the altcoin may surge higher to touch $25.2 in 2035.

 

DOT's 2024 roadmap: Key indicators to watch and trade

  • At the onset of the analysis, the trading volume was significantly low. However, it began recovering by mid-October.
  • Although another dip in trading volume was noticed in January, it was not sustained. In addition, it spiked again in late February. At the time of writing, DOT’s trading volume had plunged slightly from its highs, but it did not stoop to its previous lows.
  • As the analysis period commenced, the Bollinger Bands were quite contracted. However, the bands began expanding by December, pointing towards a volatile market. By April, the bands began to contract again.
  • During December and from late February to mid-March, the price candles had gone beyond the upper band. This signified that the asset was overvalued
  • At the onset of the analysis, the price candles fell below the 20-week Moving Average (MA) and continued on this path until late October, when the candles surpassed the 20 MA. By early April, it dipped below the 20 MA again and continued below it until the end of the analysis. 
  • The Moving Average Convergence Divergence (MACD) line and signal line remained below the neutral line for most parts of 2023. After constant fluctuations, the MACD line went over the signal line in mid-October. While the MACD line managed to go above the neutral line during November, the signal line surpassed the neutral line in December.
  • After a constant ascent, the MACD line finally began to plunge in April. At press time, the MACD line (valued at 0.167) had deviated in a downward trajectory from the signal line (valued at 0.526) and the histogram was negative at -0.359. This indicated that there was a bearish momentum present in the market.
follow-us

Polkadot Price Prediction

Polkadot has had an eventful 2023. To simplify the latest DOT price prediction, we have divided up the prediction by short term Polkadot price prediction and long term Polkadot price prediction. As of writing this article, DOT had a trading volume of 261,315,198. Polkadot has gone up by 6.53% in the past 30 days.

According to our analysis in the short term, Polkadot price prediction for July 2024 shows the average price of DOT at 13.95 and the highest possible price for July 2024 would be $14.93.

Further, according to our analysis in the long term, Polkadot price prediction for November 2024 shows the average price of DOT at 14.21 and the highest possible price for November 2024 would be $15.21.

Polkadot's Short Term Price Prediction

DateAvg PriceLowest PriceHighest Price
29 May 2024$7.31$6.80$7.82
30 May 2024$7.36$6.84$7.87
31 May 2024$7.49$6.96$8.01
1 June 2024$7.61$7.08$8.14
6 June 2024$8.23$7.65$8.80
11 June 2024$9.16$8.52$9.80
21 June 2024$11.78$10.95$12.60
July 2024$13.95$12.97$14.93
August 2024$14.01$13.03$15.00
September 2024$14.08$13.09$15.07
October 2024$14.15$13.16$15.14
November 2024$14.21$13.22$15.21
December 2024$14.28$13.28$15.28

Polkadot price prediction 29 May 2024: Polkadot's price for 29 May 2024 according to our analysis should range between $6.80 to $7.82 and the average price of DOT should be around $7.31.

Polkadot price prediction 30 May 2024: Polkadot's price for 30 May 2024 according to our analysis should range between $6.84 to $7.87 and the average price of DOT should be around $7.36.

Polkadot price prediction 31 May 2024: Polkadot's price for 31 May 2024 according to our analysis should range between $6.96 to $8.01 and the average price of DOT should be around $7.49.

Polkadot price prediction 1 June 2024: Polkadot's price for 1 June 2024 according to our analysis should range between $7.08 to $8.14 and the average price of DOT should be around $7.61.

Polkadot price prediction 6 June 2024: Polkadot's price for 6 June 2024 according to our analysis should range between $7.65 to $8.80 and the average price of DOT should be around $8.23.

Polkadot price prediction 11 June 2024: Polkadot's price for 11 June 2024 according to our analysis should range between $8.52 to $9.80 and the average price of DOT should be around $9.16.

Polkadot price prediction 21 June 2024: Polkadot's price for 21 June 2024 according to our analysis should range between $10.95 to $12.60 and the average price of DOT should be around $11.78.

Polkadot price prediction July 2024: Polkadot's price for July 2024 according to our analysis should range between $12.97 to $14.93 and the average price of DOT should be around $13.95.

Polkadot price prediction August 2024: Polkadot's price for August 2024 according to our analysis should range between $13.03 to $15.00 and the average price of DOT should be around $14.01.

Polkadot price prediction September 2024: Polkadot's price for September 2024 according to our analysis should range between $13.09 to $15.07 and the average price of DOT should be around $14.08.

Polkadot price prediction October 2024: Polkadot's price for October 2024 according to our analysis should range between $13.16 to $15.14 and the average price of DOT should be around $14.15.

Polkadot price prediction November 2024: Polkadot's price for November 2024 according to our analysis should range between $13.22 to $15.21 and the average price of DOT should be around $14.21.

Polkadot price prediction December 2024: Polkadot's price for December 2024 according to our analysis should range between $13.28 to $15.28 and the average price of DOT should be around $14.28.

Polkadot's Long Term Price Prediction

Polkadot’s long term Price Prediction below is a look at DOT’s future prospect with regards to price. Polkadot was last seen at $7.37, with a market cap of $10,083,462,363 and trading volumes of $261,315,198. DOT’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

YearsAvg PriceLowest PriceHighest Price
2024$14.28$11.42$17.13
2025$5.98$4.78$7.17
2026$6.88$5.50$8.25
2027$7.92$6.33$9.50
2028$9.11$7.29$10.93
2029$10.49$8.39$12.59
2030$12.07$9.66$14.49
2031$13.90$11.12$16.67
2032$15.99$12.80$19.19
2033$18.41$14.73$22.09
2035$24.39$19.51$29.27

Polkadot price prediction 2024: Polkadot's price for 2024 according to our analysis should range between $11.42 to $17.13 and the average price of DOT should be around $14.28.

Polkadot price prediction 2025: Polkadot's price for 2025 according to our analysis should range between $4.78 to $7.17 and the average price of DOT should be around $5.98.

Polkadot price prediction 2026: Polkadot's price for 2026 according to our analysis should range between $5.50 to $8.25 and the average price of DOT should be around $6.88.

Polkadot price prediction 2027: Polkadot's price for 2027 according to our analysis should range between $6.33 to $9.50 and the average price of DOT should be around $7.92.

Polkadot price prediction 2028: Polkadot's price for 2028 according to our analysis should range between $7.29 to $10.93 and the average price of DOT should be around $9.11.

Polkadot price prediction 2029: Polkadot's price for 2029 according to our analysis should range between $8.39 to $12.59 and the average price of DOT should be around $10.49.

Polkadot price prediction 2030: Polkadot's price for 2030 according to our analysis should range between $9.66 to $14.49 and the average price of DOT should be around $12.07.

Polkadot price prediction 2031: Polkadot's price for 2031 according to our analysis should range between $11.12 to $16.67 and the average price of DOT should be around $13.90.

Polkadot price prediction 2032: Polkadot's price for 2032 according to our analysis should range between $12.80 to $19.19 and the average price of DOT should be around $15.99.

Polkadot price prediction 2033: Polkadot's price for 2033 according to our analysis should range between $14.73 to $22.09 and the average price of DOT should be around $18.41.

Polkadot price prediction 2035: Polkadot's price for 2035 according to our analysis should range between $19.51 to $29.27 and the average price of DOT should be around $24.39.

A Historical look at Polkadot, DOT’s price

DOT/USD Pair

DOT
compare-icon
USD
27 May 2021
24.66
signal-icon
DOT
compare-icon
USD
27 May 2022
9.20
signal-icon
37.29
trend-icon
DOT
compare-icon
USD
27 May 2023
5.25
signal-icon
57.05
trend-icon
DOT
compare-icon
USD
28 May 2024
7.37
signal-icon
140.44
trend-icon

DOT/Euro Pair

DOT
compare-icon
EUR
27 May 2021
20.23
signal-icon
DOT
compare-icon
EUR
27 May 2022
8.57
signal-icon
42.36
trend-icon
DOT
compare-icon
EUR
27 May 2023
4.89
signal-icon
57.06
trend-icon
DOT
compare-icon
EUR
28 May 2024
6.78
signal-icon
138.65
trend-icon

FAQs about Polkadot

What is the price of Polkadot as of today 28 May 2024?

Polkadot’s current price is $7.37 and witnessed a -0.86% decrease in the past 24 hours. DOT/BTC pair saw a 0.34% increase in the past 24 hours

Is DOT a good investment?

Investing in Polkadot, DOT will purely depend on your personal risk appetite. As you can see over the past 24 hours Polkadot’s price has witnessed a -0.86% decrease and over the past 30 days Polkadot has increase by 6.53%. So it all depends on if this investment will hit your trading goals.

How high can Polkadot’s price go this year in 2024?

According to our latest Polkadot Price prediction for 2024, DOT should vary between $17.13 and $11.42. Please keep in mind that the crypto market is very volatile and this Polkadot price prediction does not account for extreme wild swings in price.

How much will the Polkadot be worth in 2024 ?

As per the Polkadot price prediction 2024 model above, DOT’s price for May 2024 should range between $11.42 to $17.13 with the average price for May being $14.28

How much will Polkadot be worth in 2025?

According to the Polkadot Price Prediction model above, DOT’s price in 2025 would be $5.98. This price would however would range from $7.17 and $4.78.

How much will Polkadot be worth in 2026?

According to the Polkadot Price Prediction model above, DOT’s price in 2026 would be $6.88. This price would however would range from $8.25 and $5.50.

How much will Polkadot be worth in 2027?

According to the Polkadot Price Prediction model above, DOT’s price in 2027 would be $7.92. This price would however would range from $9.50 and $6.33.

How much will Polkadot be worth in 2028?

According to the Polkadot Price Prediction model above, DOT’s price in 2028 would be $9.11. This price would however would range from $10.93 and $7.29.

How much will Polkadot be worth in 2029?

According to the Polkadot Price Prediction model above, DOT’s price in 2029 would be $10.49. This price would however would range from $12.59 and $8.39.

How much will Polkadot be worth in 2030?

According to the Polkadot Price Prediction model above, DOT’s price in 2030 would be $12.07. This price would however would range from $14.49 and $9.66.

How much will Polkadot be worth in 2031?

According to the Polkadot Price Prediction model above, DOT’s price in 2031 would be $13.90. This price would however would range from $16.67 and $11.12.

How much will Polkadot be worth in 2032?

According to the Polkadot Price Prediction model above, DOT’s price in 2032 would be $15.99. This price would however would range from $19.19 and $12.80.

How much will Polkadot be worth in 2033?

According to the Polkadot Price Prediction model above, DOT’s price in 2033 would be $18.41. This price would however would range from $22.09 and $14.73.

How much will Polkadot be worth in 2035?

According to the Polkadot Price Prediction model above, DOT’s price in 2035 would be $24.39. This price would however would range from $29.27 and $19.51.

What was the highest price of Polkadot?

The highest price for Polkadot was recorded in 4 November 2021 during which DOT hit an All Time High of $54.98

What is the price of 1 Polkadot?

The price of 1 Polkadot according to current market rate is $7.37