According to CryptoPotato, Polkadot's native cryptocurrency, DOT, has seen a 10% weekly price increase. This surge has led to bullish predictions of potential spikes to $10 and beyond, especially if it surpasses certain key resistance levels. Some analysts have even predicted further impulses for the asset, with forecasts ranging from $15.80 to a staggering $100.
A popular entrepreneur, known by the pseudonym Ted, recently argued that the token is retesting a major support zone. He believes that DOT's value could spike to $10 in the next few months if it surpasses the $7 mark. It's worth noting that the asset crossed that level over the weekend. Other analysts, including CRYPTOWZRD and Jesse Olson, have also outlined bullish predictions. CRYPTOWZRD believes that the next bull run will start once DOT exceeds $9.60, while Jesse Olson claims that DOT's current condition offers investors the same buying opportunity as the one observed six months ago.
Crypto analysts have recently become increasingly active in outlining DOT forecasts. Among them are Ash Crypto, who has over one million followers, and Michael van de Poppe. Ash Crypto admitted to still holding his DOT stash, raising hopes for a price rally toward a two-year high of $15. The most optimistic analyst to touch upon DOT is the crypto enthusiast Thomas Kralow, who predicted a price explosion towards the staggering $100 during the next bull run. Michael van de Poppe maintained that Polkadot has shown 'fundamental progress' over the years, claiming that 'rotation is near.' He also revealed that he was adding the asset to his personal portfolio.
