Polkadot Price Analysis: $DOT Gains 10%, Nears $5 Mark

After steady gains during the week, Polkadot ($DOT) is up over 10% and trading near the $5 mark. 

Polkadot ($DOT) saw a fantastic week after a sustained downturn in which $DOT reached a multi-year low. 

$DOT Gains 10% 

Polkadot ($DOT) has seen a growth spurt following weeks of anguish and turmoil, which saw it reach its multi-year support of $3.61. $DOT experienced a bearish couple of months but has continued an upward trajectory and is nearing $5. $DOT has been trading the green since last Friday, driven by demand for $DOT at lower prices. $DOT closed the previous week’s session

Jana Serfontein

Source: Cryptodaily