- Polkadot price continues to coil into a tighter and tighter range, hinting a big move is coming very soon.
- Bulls keep DOT above key Ichimoku support levels.
- A return to $24 is critical before any new uptrend can develop.
Polkadot price action develops congestion before a major breakout
Polkadot price action, in many ways, is showing more bullish developments than many altcoins. Moreover, several time and price factors point to a very optimistic outlook for DOT in the immediate future.