$DOT As of October 24, 2024, Polkadot (DOT) is trading at approximately $4.203, showing positive market sentiment and a slight bullish trend. Over the past week, DOT has seen a 3.7% increase, reflecting growing investor confidence reminiscent of its accumulation phase in October 2020. Analysts suggest that if this pattern continues, DOT could target resistance at $5.0, with a potential bullish breakout leading to a price around $6.4.

Given the current momentum and historical parallels, I would classify this as a bullish outlook. The recommended sell price is around $5.00, while the target price for the next few weeks could be set at $6.40. This growth trajectory may continue into early 2025, especially with the ongoing development of the Polkadot ecosystem.

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