Polkadot (DOT): Massive Breakout Imminent?

Polkadot (DOT) has seen a 10.9% increase in the last week as the crypto market soars, with some market watchers suggesting the cryptocurrency is gearing up for a breakout, setting new targets for the short and mid-term timeframes. The cryptocurrency also saw a 56% rise in market activity, recording a $259.3 million daily trading volume. Market analyst CryptoBull360 stated that Polkadot is “getting ready for a massive breakout” from the bullish pattern after a long consolidation period. DOT has been moving within the falling wedge for the past seven months, consolidating between $4-$4.8 since August’s Black Monday.

Source