Polkadot: Traders try to revive DOT – Is $10 enough?

DOT sees an unexpected spike in trading volume, suggesting a return of the bulls. Will this help Polkadot finally cross $10?

However, its trading volume unexpectedly reached $266,625,875 in the past 24 hours, marking a 63% increase and indicating a sudden surge in market activity. Are traders trying to revive DOT?AMBCrypto’s examination of DOT’s trading chart revealed an upswing in price after a prolonged period of lateral movement.

Observing the moving averages, DOT has recently breached the 50-period moving average , suggesting short-term bullish sentiment.

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