DOT Price Alert: Can Polkadot Bounce to $16 After 11% Dip?

• Polkadot (DOT) faces renewed downside pressure but shows technical signs of a potential long-term rebound.
• Analysts highlight a falling-wedge boundary that could trigger an upward shift if a weekly bounce holds.
• 2025 price forecasts remain mixed, ranging from modest recovery scenarios to ambitious long-term targets.

Polkadot (DOT) is currently trading at $2.54, reflecting a 2.2% decline in the past 24 hours. Despite the pullback, liquidity in the market strengthened as the 24-hour trading volume climbed to $241.04 million, marking an increase of 29.18%. Over the past seven days, DOT has mirrored broader market softness, posting an 11.04% decline while holding its current support range.

Source: CoinMarketCap

Market observers note that these contrasting signals, falling prices paired with rising volume, often suggest heightened trader engagement during periods of uncertainty. While near-term sentiment remains cautious, analysts continue monitoring whether the current level will act as a pivot point for price stabilization.

Polkadot Shows Falling Wedge Pattern

Crypto analyst Profit Demon has drawn attention to an emerging structure on DOT’s weekly chart: the lower boundary of a falling wedge, a pattern traditionally associated with potential trend reversals. 

According to the analysis, a successful rebound from this boundary could trigger a progressive upside trajectory. The projected milestones extend to $4.50, $7.00, $10.50, and potentially $16.00, contingent on sustained momentum and macro-market support.

Such targets imply substantial medium-term expansion if sentiment shifts favorably. However, analysts also warn that falling-wedge setups require decisive confirmation; failure to maintain weekly support could delay any meaningful trend reversal. For now, technical watchers remain focused on whether DOT can attract sufficient buying activity to initiate the first leg of the projected climb.

Source: X

Also Read | Polkadot’s Bold Upgrade Sparks Hope for a Massive Price Surge to $15.50

DOT Price Prediction for 2025

According to DigitalCoinPrice, DOT may approach the $5.62 region by year-end. The platform also indicates the possibility of revisiting DOT’s historical benchmark at $55.00, though such levels remain speculative and hinge on major ecosystem expansion and broader market recovery. Their projections place DOT trading between $5.27 and $5.62 under favorable conditions.

By contrast, Changelly’s outlook is more conservative. The platform estimates a minimum 2025 price of $2.24 and a maximum of $2.49, with an average of about $2.74. Its November 2025 forecast anticipates a trading range between $2.55 and $2.74, pointing to muted returns and a potential ROI of –1.8% to –10.8%.

Also Read | Polkadot Price Shows Strength While Attention Builds Ahead of November Event