DOT Price Surges 4% as Institutional Buying Drives Polkadot Rally
The post DOT Price Surges 4% as Institutional Buying Drives Polkadot Rally appeared on BitcoinEthereumNews.com. Darius Baruo Aug 11, 2025 07:59 Polkadot (DOT) trades at $4.04, up 0.82% in 24h, following a strong 4% breakout driven by institutional demand and triple-average trading volume. Quick Take • DOT currently trading at $4.04 (+0.82% in 24h) • Polkadot’s RSI at 55.24 indicates neutral momentum with room for upside • Institutional buying surge drove 4% price breakout on August 7th What’s Driving Polkadot Price Today? The recent DOT price movement stems primarily from a significant institutional buying wave that materialized on August 7, 2025. Polkadot experienced a notable 4% surge, pushing the token to $3.78 during that session, with trading volume reaching three times the daily average. This institutional interest signals growing confidence in Polkadot’s ecosystem and technological capabilities. The surge appears to have created sustained momentum, with the DOT price maintaining elevated levels above key moving averages. Current trading activity on the DOT/USDT pair shows healthy volume at $28.1 million over 24 hours, suggesting continued market participation following the institutional-driven breakout. Additionally, ongoing discussions around OpenGov adjustments and a slight decrease in Polkadot’s staking rate to 49.17% provide neutral backdrop developments. While these governance changes don’t directly impact short-term price action, they reflect the network’s continuous evolution and community engagement. DOT Technical Analysis: Bullish Signals Emerge The Polkadot technical analysis reveals encouraging momentum indicators supporting the recent price strength. DOT’s RSI currently sits at 55.24, positioning the token in neutral territory with significant room for upward movement before reaching overbought conditions. This RSI reading suggests healthy price action without excessive speculation. Polkadot’s MACD histogram shows a bullish reading of 0.0300, indicating strengthening upward momentum. The MACD line at 0.0117 above the signal line at -0.0183 confirms this positive momentum shift. Additionally, the Stochastic oscillator readings of %K at 81.70…
The post DOT Price Surges 4% as Institutional Buying Drives Polkadot Rally appeared on BitcoinEthereumNews.com.
Darius Baruo Aug 11, 2025 07:59 Polkadot (DOT) trades at $4.04, up 0.82% in 24h, following a strong 4% breakout driven by institutional demand and triple-average trading volume. Quick Take • DOT currently trading at $4.04 (+0.82% in 24h) • Polkadot’s RSI at 55.24 indicates neutral momentum with room for upside • Institutional buying surge drove 4% price breakout on August 7th What’s Driving Polkadot Price Today? The recent DOT price movement stems primarily from a significant institutional buying wave that materialized on August 7, 2025. Polkadot experienced a notable 4% surge, pushing the token to $3.78 during that session, with trading volume reaching three times the daily average. This institutional interest signals growing confidence in Polkadot’s ecosystem and technological capabilities. The surge appears to have created sustained momentum, with the DOT price maintaining elevated levels above key moving averages. Current trading activity on the DOT/USDT pair shows healthy volume at $28.1 million over 24 hours, suggesting continued market participation following the institutional-driven breakout. Additionally, ongoing discussions around OpenGov adjustments and a slight decrease in Polkadot’s staking rate to 49.17% provide neutral backdrop developments. While these governance changes don’t directly impact short-term price action, they reflect the network’s continuous evolution and community engagement. DOT Technical Analysis: Bullish Signals Emerge The Polkadot technical analysis reveals encouraging momentum indicators supporting the recent price strength. DOT’s RSI currently sits at 55.24, positioning the token in neutral territory with significant room for upward movement before reaching overbought conditions. This RSI reading suggests healthy price action without excessive speculation. Polkadot’s MACD histogram shows a bullish reading of 0.0300, indicating strengthening upward momentum. The MACD line at 0.0117 above the signal line at -0.0183 confirms this positive momentum shift. Additionally, the Stochastic oscillator readings of %K at 81.70…
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