Posted 3/27/2024, 2:00:00 AM
Polkadot Price Rebounds 12% on Renewed Institutional and Retail Interest
- Polkadot price recovered 12% this week due to increased institutional and retail investor interest
- Institutions chose Polkadot over Solana and Cardano, investing $5 million into DOT
- Retail investors are also regaining bullish optimism which could keep DOT trending upwards
- DOT may attempt to reach the previous failed high of $12 again if it can breach resistances at $10 and $11
- Support at $9.2 is key; losing it would invalidate the bullish scenario
