Polkadot Rally Update: Third Move Looms as Price Hits $1.02

Polkadot's chart has delivered two sharp rallies this cycle, and now a third move of similar size is lining up. The $DOT price is currently trading at $1.0199, with a 2% increase today.

The chart marks the previous measured moves: one of about 36% in mid-August and another of roughly 50% in early September. A third move of similar size, around 46%, would target the $1.50 area if it plays out.

CoinMarketCap data shows that Polkadot's market capitalization is over $1.73 billion, with a 24-hour trading volume of $94.15 million.