DOT has now pushed into the same $1.2736 level three times this month without a clean break above it. This Polkadot price prediction looks at whether the third try is the one that finally wor
DOT has now pushed into the same $1.2736 level three times this month without a clean break above it.
This Polkadot price prediction looks at whether the third try is the one that finally works, with $1.1422 the level to hold.
DOT spent May and June in a steady decline, falling from around $1.30 to a low near $0.75 by early August.
Since then, the recovery has come in bursts. A sharp jump in early September took the price to about $1.19, then it pulled back to around $1.05, and a second climb through September pushed DOT up to $1.2736.
That level has now turned back three separate attempts: around September 19 to 20, again around September 27, and now today, with the DOT price today sitting at $1.2050 up 5% after touching a high of $1.2192.
Each pullback between these attempts has landed higher than the one before it, which shows buyers gaining ground even while the ceiling holds.
Both EMAs sit below price and continue to slope upward. The 20 EMA is at $1.1362 and the 50 EMA at $1.0329. The $1.1422 level, a recent swing low, is the closest support if today's push toward resistance fails again.
Level Type
Price
Resistance 3
$2.0023
Resistance 2
$1.6448
Key Resistance (nearest)
$1.2736
$1.2050
First Confirmed Support
$1.1422
Deeper Support
$1.0513
Bull case: A third test with a rising floor beneath it often ends differently than the first two. A confirmed close above $1.2736 would clear a level that has held for about two weeks, opening the way toward $1.6448.
Bear case: Three failed attempts at the same level are also a sign sellers are still firmly in control there. A close back below $1.1422 would break the pattern of higher lows and put the EMA zone down to $1.0329 in play.
$2.0023 is the highest level marked on the chart. Reaching it would require DOT to first clear $1.2736, the level that has held three times running, and then $1.6448. That's a long path from a recovery that only started at $0.75 in early August.
According to CoinGabbar analysts, three tests of the same resistance with a rising floor underneath is a genuine squeeze, and squeezes like this eventually resolve one way or the other.
The recovery from the August low remains intact either way, but a confirmed close above $1.2736, not another wick into it, is what would actually confirm this is the breakout rather than a fourth rejection in the making.
This piece is for informational purposes only and isn't financial advice. The levels and scenarios above are based on technical chart analysis and publicly available data at the time of writing. Crypto markets can move sharply within hours, so past patterns don't guarantee future outcomes. Do your own research and consider your risk tolerance before acting on any level discussed here.
