Polkadot (DOT) has broken out of a long-lasting downtrend, indicating a potential rally. The cryptocurrency's surge from a falling wedge pattern suggests a more positive outlook. With increasing social interest and strong technical indicators, there is speculation that DOT could reach new highs. Currently priced at $4.28, the next challenge is to clear the resistance level at $4.939, with a potential target of $6.541. The daily chart shows bullish momentum, with a crossover between the 9-day and 21-day moving averages. Polkadot's social dominance is also on the rise, and its development activity score is strong, which builds confidence in long-term growth. If DOT can maintain support above $4.939, it could potentially reach $6.5. The coming weeks will be crucial in determining the sustainability of this rally.



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