Key Insights:
- After a rejection of the $4.20 zone, DOT could hit $3.50 or below amid continuation of bearish conditions.
- The DOT coin price is $51.05 (92.9%) below its ATH
- Polkadot’s monthly active addresses were at the lowest since the start of Q2 2024.
Polkadot (DOT) coin price prediction shows it mirrored the trends of other major cryptocurrencies. However, its price movement was less influenced compared to the stock market.
The market is generally considered to be in a bear season. This follows a decline that began in late December 2024 and continued into January 2025 for various tokens.
DOT Coin Price Prediction & Current Momentum
DOT coin price saw a rejection at $5.193 level. This caused bearish pressure as it matched a more extensive supply zone spanning from $5.193 to $4.738.
Price failed again and again to reenter this important area which established the barrier as a significant support zone. DOT fell below $4.200 support before reaching near the $3.771 point. This served as a vital horizontal support area.
The $3.771 area held significant triple tap patterns. It exhibited a traditional reversal figure through subsequent identically deep price drops.
DOT coin price prediction trends suggest that the token could hit $4.738 from $3.771 support. This could be seen if DOT established a bullish structure or higher low pattern.
If $3.771 support fails, DOT will likely fall to $3.50 or below. Market volume fluctuated minimally, indicating that traders were unsure about whether to hold or sell the underlying asset.
A shift in momentum became possible according to the MACD indicator. This showed convergence with the zero line although better confirmation signals were still needed.
Any additional drops could manifest themselves if a bearish cross was formed. DOT’s bottoming pattern needed more proof to confirm the developing trend.
A breakout above $3.771 prepares DOT for a possible range of $4.738 to $5.193. However, a breakdown may lead to a fall below $3.50.
DOT Coin Price Performance from ATH
DOT hit its peak at $55.00 in November 2021. Since then, its value has plummeted by $51.05 to $3.93, marking a staggering 92.9% decline.
As April 6, 2025 DOT maintained a price of $3.93. Meanwhile, its 24-hour trading volume declined by 39% to $103,375,376 million and its market capitalization at $6.151 Billion.
The total circulating amount in the market was 1,564,948,798 DOT coins. The exchange ratio between trading volume and market cap amounted to 1.6, showinged moderate participation levels within its market capitalization.
The huge price drop showed bearish sentiment attributed to general market downturns alongside events like tariffs. DOT faces investor interest questiondue toom its massin market cap and daily vol declineume.
DOT coin price prediction suggests prolonged price declines may occur. Low trading levels, reflecting weak investor interest, could exacerbate this trend.
Polkadot’s Monthly Active Addresses
The number of monthly active addresses on DOT coin fell to 58.8K by April 2025. This marks its lowest point since the start of Q2 2024, showing a significant decline.
The user engagement deteriorated as monthly active addresses continued their sustained decline from 160K to reach 58.8K.
Transaction data reached its lowest point as the number fell to 446.3K as of April 2025. However, it had previously exceeded 6.5M. This indicated declining on-chain usage. The fees dropped to $21.4K as total monthly revenue fell to $17.3K during this same period.
Market pressure on DOT price was primarily established by decreased user activity and value deprecation within the market.
DOT can potentially be experiencing longer challeng,es. This can cause failure oreversalng of support levels if things keep going this way.
A price recovery for DOT coin could be expected if active addresses surpass the 100K mark. Similarly, an increase in fees would indicate renewed network interest, further supporting the possibility of recovery.
Network fundamentals exhibited certain frailties bue it was still feasible to turn them arou at the timend.