The price of the price can be exposed 200%, thanks to these 3 catalysts

The policade price floats close to its all times as much as the CRIPTO sellout is accelerating and the index of fear and greed remains in the extreme fear zone.

Polkadot (Dot) The wallet collapsed at lower than $ 3.60, where he failed to fall below December 2022. years. He rejected over 93% of his own age.

Polkadot has three potential catalysts that can push it more. First, developers work on a polkadot 2.0 upgrade, but is the biggest of the beginning.

Polkadot 2.0 introduces three key concepts in the network: async substrate, agility cortime and elastic scaling. The async substrate increases the paoca bandwidth for 8K and 12K, while Agile Coritime allows for flexible space space space. He replaced traditional parentihood auctions.

The first two upgrades have already happened, with elastic scaling set to run later this month. This function that is tested in the house allows the network to dynamically adjust its capacity to process increased amounts of transaction and network needs.

Second, the price of a polkadot can be rejected in front of a SPOT DOT ETF Approval by securities and execution of the Commission or SEC. Companies love 21Shares and investments in the gray shell applied for the Dot ETF spot, which has a chance to be approved.

Polkadot Technical Techniques

Another reason why the price point can increase at least 200% soon to have some of the best technical ones. As shown above, the coin found strong support to $ 3.60, where it failed to move below from 2022. years. This support was so strong that the coin failed to break below that during the current sale of the CRIPTO.

There are signs that the polcadot price formed a four-way bottom whose neckline is at $ 11.90. The bottom of the quadruple is one of the most important characters on the market. The recent decline, when viewed on a daily chart, reminds the pattern pattern.

The price of Polkadota moved to the Vickoff theory theory phase. This phase is characterized by a consolidation that lasts several months or years. It usually follows the Markup phase, where demand exceeds the offer.

Therefore, there is a probability that the point of Dot will have a strong bullish break, with the initial goal to be careful to be $ 11.90. This price is about 200% above current level.