Polkadot (DOT) is a cryptocurrency that has increased by 11% in the last seven days. Some analysts think it might double in value soon. This is because it has come out of a unique downward pattern called a falling wedge. DOT has had a good week because of new developments in the network and people being excited about the results of the US presidential elections.
The price of DOT has been rising since Tuesday, and it has gone above important moving averages. There is also a lot of interest from investors, with trading volume increasing by 50%. One reason people are excited is that DOT could break out of a falling wedge pattern, which could make it go up by 100%.
