{"id":7361,"date":"2026-03-10T12:48:36","date_gmt":"2026-03-10T12:48:36","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=7361"},"modified":"2026-03-10T12:48:36","modified_gmt":"2026-03-10T12:48:36","slug":"polkadot-price-outlook-bulls-test-key-resistance-near-1-50","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=7361","title":{"rendered":"Polkadot price outlook: bulls test key resistance near $1.50"},"content":{"rendered":"
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Polkadot price fluctuated in a tight range near $1.50 on Tuesday.<\/li>\n
Bulls could push to above $1.67 ahead of DOT emissions cut.<\/li>\n
Sell-off pressure amid prevailing market conditions might derail this setup.<\/li>\n<\/ul>\n
Polkadot is trading near $1.50 as bulls position amid a potential breakout, with eyes on the upcoming upgrade and overhaul of DOT\u2019s tokenomics.<\/p>\n
The cryptocurrency\u2019s price is also off lows of $1.40 reached earlier in the week as investors ponder a potential boost to DOT from fresh institutional interest.<\/p>\n
Bulls recently celebrated the launch of the first US spot Polkadot ETF.<\/p>\n
DOT, ranked 33rd with a market capitalization of $2.54 billion, is bidding to extend gains amid overall upward movement for Bitcoin and top altcoins.<\/p>\n
Polkadot (DOT) holds near $1.50 as upgrade nears<\/h2>\n
Polkadot\u2019s price shows an intraday range of $1.49-1.54 in early trading during the US session on March 10.<\/p>\n
The gains see buyers bid for a retest of recent highs, while holding the critical $1.50 level.<\/p>\n
The backdrop to this price action is a scheduled reset of Polkadot\u2019s tokenomics.<\/p>\n
A new monetary framework will roll out on March 12, and analysts say anticipation could catalyze fresh momentum for DOT.<\/p>\n
The uptick this past week coincided with notable buying as traders positioned ahead of the event.<\/p>\n
Specifically, Polkadot\u2019s tokenomics reset will involve the introduction of a 2.1 billion hard cap on DOT supply.<\/p>\n
The upgrade targets a 53.6% cut in emissions as well as staking.<\/p>\n
ETF buzz has also engulfed Polkadot over the past few days.<\/p>\n
This follows the debut of 21Shares\u2019 spot Polkadot ETF, the first US spot DOT ETF that went live on Nasdaq under the ticker TDOT.<\/p>\n
The physically backed fund, seeded with $11 million, could strengthen the asset\u2019s appeal as a longer\u2011term allocation within diversified crypto portfolios.<\/p>\n
Polkadot technical analysis<\/h2>\n
From a technical perspective, DOT\u2019s immediate focus is on converting the $1.50-$1.55 region from resistance into support.<\/p>\n
Bulls are eyeing three consecutive green candles on the daily chart and look to have stemmed the downtrend from highs of $1.75 posted in late February.<\/p>\n
RSI is neutral near 50, and an upturn could see buyers accelerate gains.<\/p>\n
However, after a choppy start to the year, trading around this level means bulls may not be out of the woods yet.<\/p>\nPolkadot price chart by TradingView<\/figcaption><\/figure>\n
The token may thus trade sideways as consolidation picks pace.<\/p>\n
For a breakout, DOT has to achieve an emphatic daily close above $1.55.<\/p>\n
A successful breach of resistance at $1.67 amid a bullish retest could trigger follow-through buying.<\/p>\n
If this happens, it could open the door to a short-term test of recent local highs around $2.30.<\/p>\n
Conversely, failure to hold $1.50 will keep DOT confined within its descending channel. Major support lies around $1.22.<\/p>\n
Polkadot price fluctuated in a tight range near $1.50 on Tuesday. Bulls could push to above $1.67 ahead of DOT emissions cut. Sell-off pressure amid prevailing market conditions might derail this setup. Polkadot is trading near $1.50 as bulls position amid a potential breakout, with eyes on the upcoming upgrade and overhaul of DOT\u2019s tokenomics.<\/p>\n","protected":false},"author":1,"featured_media":7362,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-7361","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"\n
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![\"\"](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/03\/polkadot-price.png\")
\n<\/picture> <\/div>\n<\/p><\/div>\n![\"Polkadot](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/03\/polkadot-dot-price.png\")