Polkadot is expected to hover around the $10 price level in March, with the chance to break out in April, according to analysts from crypto exchange Changelly.
DOT is trading at $9 at press time for an $11.9 billion market cap, gaining over 17% in the past week in line with a surge in altcoin prices.
As the crypto market rallied in the past two weeks, Polkadot wasn’t left behind, with DOT setting a new 18-month high price at $9.44. According to analysts from the Changelly crypto exchange, the crypto will hover around the $10 price level this month, with a high chance of a breakout in April.
DOT is changing hands at $9.11 at press time, gaining 1% in the past day to hit a market cap of $11.91 billion, the 14th highest in the market and just below Chainlink.
DOT has been on an uptrend this month, gaining 32% to jump from $6.9143 in early February to hit a high of $9.44 today, its highest price since August 2022. In the past week alone, it has gained 18.7%.
Altcoins have generally