Maker

Polkadot

<ul><li>Polkadot&#39;s breakout targets $12, indicating an 84.26% upside.</li><li>Maker&#39;s breakout shows bullish momentum, prices above $3,700.</li><li>Both Polkadot and Maker signal strong bullish potential with key breakouts.</li></ul><a href="https://cryptotale.org/polkadot-dot-eyes-9-20-floki-floki-targets-64-93-surge-whats-next/" rel="noopener noreferrer nofollow">Polkadot</a> (DOT) has been gaining traction following a correction phase, forming a falling wedge pattern on the 12-hour timeframe. This technical setup often indicates a potential reversal. The price of Polkadot stands around $6.27 today, reflecting a 6.86% increase over the past 24 hours and a 7.57% rise in the last week.With a circulating supply of 1.4 billion DOT, the market cap of Polkadot is valued at approximately $8.7 billion. Per World Of Charts, the critical <a href="https://x.com/WorldOfCharts1/status/1812003272481259882" rel="noopener noreferrer nofollow">breakout</a> above the wedge&#39;s upper trendline suggests a possible bullish wave targeting $12, representing an 84.26% upside.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdn5kUTdx5rq7r7tInXERbSGaeQz6q-eC6Y8zGWDytRV5V5DWltCQVXKlH-KSN2mBR5tDGdNg6lb92BqgYVGfrL1TIIIq7lDK1iGjOCcUhYW1gyhCtkt6oE9UZHK-C7Ic_k3Hs8_ctAI9FXFQYg0hv3L2Y?key&#61;O1SS0xWSpXXAnn-dbcdAGg" />A falling wedge pattern is typically a bullish signal, indicating a potential reversal. The pattern is characterized by two downward-sloping, converging trendlines. <a href="https://cryptotale.org/polkadot-dot-emerges-as-an-undervalued-blockchain-powerhouse-says-analyst/" rel="noopener noreferrer nofollow">Polkadot&#39;s</a> price has been consistently making lower highs and lower lows, adhering to the wedge&#39;s boundaries. The current price action indicates signs of a breakout above the upper trendline. Such breakouts often lead to strong upward movements, suggesting a shift from bearish to bullish momentum.<a href="https://cryptotale.org/polkadot-signals-bullish-wave-after-falling-wedge-breakout-mkr-eyes-4k/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Polkadot Signals Bullish Wave After Falling Wedge Breakout, MKR Eyes $4K

CryptoTale

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