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Polkadot

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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-show-renewed-interest-in-dot-coin/" data-wpel-link="internal">Investors Show Renewed Interest in DOT Coin</a> 
BTC is near the $70,000 mark, and the situation for altcoins remains stable. Volatility may increase in the next 48 hours. We didn’t see anything surprising in the Fed Minutes. <a href="https://en.coin-turk.com/crypto-market-springs-to-life-with-new-developments-and-legal-victories/" data-wpel-link="internal">DOT</a> Coin may climb back to the top for <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> after a long period of dull movement. So, what are the current predictions for DOT Coin? 
Polkadot (DOT) 
DOT Coin is reversing its long-standing negativity. We see this in many metrics. The first is the open interest measuring interest in futures, which increased from $221 million to $284 million. With BTC price fluctuations, over $60 million in new positions were opened in 2 days. The rapidly increasing investor interest suggests a new attempt at the spot price. 
The increase in the total size of open positions in futures is not a definitive bullish signal, but combined with the positive market sentiment, investors might have a justified hope. Additionally, the MACD indicator also reflects the potential for a price increase. The green bars on the histogram indicate that the expected reversal for DOT Coin might be starting. 
BTC is around $69,700, fluctuating near the $70,000 level. The good <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">news</a> is that Ether is hovering around $3,750. If the expected spot ETH ETF approval comes, a good rally might be seen for altcoins in general. While the SEC’s sudden 180-degree turn confirms the unpredictability in crypto, investors should be ready for surprises with DOT Coin. 
<h2 id="dot-coin-price-prediction">DOT Coin Price Prediction</h2> 
Polkadot’s price at $7.50 is close to surpassing the important resistance level of $8 for an upward trend. If BTC maintains its current optimism, it could focus on new highs after $8. The key level that previously served as support is expected to turn from resistance to support again, triggering the rally on this ground. 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-354585 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/DOT-Coin-Fiyat-23-Mayis-Yorum.png" alt="" width="1059" height="452"> 
If the expected scenario occurs, the price could climb to $9 with double-digit growth. However, if the attempt fails, the price might drop to $6.8. A further decline could pull the price down to $6.3. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-show-renewed-interest-in-dot-coin/" data-wpel-link="internal">Investors Show Renewed Interest in DOT Coin</a></h5>

Investors Show Renewed Interest in DOT Coin

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