Luisa Crawford
Jan 19, 2026 06:13
Polkadot (DOT) faces near-term pressure at $1.98 but technical analysis suggests potential recovery to $2.48-$3.30 range by month-end if key support holds.
Polkadot (DOT) is experiencing significant selling pressure, dropping 8.48% in the past 24 hours to trade at $1.98. Despite this bearish momentum, recent analyst forecasts suggest a potential recovery could be on the horizon if critical support levels hold.
DOT Price Prediction Summary
• Short-term target (1 week): $2.17-$2.27
• Medium-term forecast (1 month): $2.48-$3.30 range
• Bullish breakout level: $2.37
• Critical support: $1.81
What Crypto Analysts Are Saying About Polkadot
Recent analyst coverage has remained constructive on DOT’s medium-term outlook despite current weakness. Jessie A Ellis projected in mid-January that “DOT Price Prediction: Targets $2.48 Resistance Test by End of January,” establishing this level as a key target for the month.
Building on this analysis, Alvin Lang noted that “Polkadot (DOT) trades at $2.13 with neutral RSI of 52.82. Technical analysis points to $2.48 target by month-end, with potential rally to $2.75-$3.30 range if momentum builds.” This Polkadot forecast suggests significant upside potential from current levels.
Most recently, Iris Coleman observed that “DOT technical analysis shows neutral momentum at $2.15 with analyst targets of $2.48-$3.30 by month-end. RSI at 53.72 suggests consolidation before potential breakout above $2.27 resistance.”
DOT Technical Analysis Breakdown
Current technical indicators present a mixed but cautiously optimistic picture for DOT. The RSI sits at 44.30, indicating neutral momentum with room for upward movement before reaching overbought conditions. This contrasts with the more bullish RSI readings of 52-53 noted by analysts earlier in the week.
The MACD histogram shows bearish momentum at 0.0000, suggesting the recent selloff may continue in the near term. However, DOT’s position within the Bollinger Bands tells an important story. Trading at 0.18 on the band scale (where 0 represents the lower band), DOT is approaching oversold territory, which often precedes bounce attempts.
Key moving averages reveal the technical challenge ahead. DOT trades below its 7-day SMA ($2.14), 20-day SMA ($2.11), and 50-day SMA ($2.02), indicating short to medium-term bearish pressure. The 200-day SMA at $3.20 shows how far the token has fallen from longer-term trends.
Polkadot Price Targets: Bull vs Bear Case
Bullish Scenario
The bull case for this DOT price prediction centers on a successful defense of the $1.81 immediate support level. If buyers emerge at current levels, the first target would be a reclaim of the pivot point at $2.00, followed by immediate resistance at $2.17.
A break above $2.17 would align with analyst targets, opening the path toward $2.37 strong resistance. Successfully clearing this level could validate the $2.48-$3.30 range forecasted by multiple analysts, representing potential gains of 25-67% from current prices.
Bearish Scenario
The bear case involves a breakdown below $1.81 immediate support, which would target the $1.64 strong support level. This would represent a further 17% decline and could invalidate near-term bullish Polkadot forecasts.
A failure to hold $1.64 would signal deeper technical damage and potentially extend losses toward the $1.50 psychological level. The 24-hour low of $1.83 serves as an immediate test of buyer commitment.
Should You Buy DOT? Entry Strategy
For traders considering DOT exposure, the current price action suggests waiting for clearer directional signals. Conservative buyers might consider dollar-cost averaging between $1.90-$2.00, with a stop-loss below $1.75 to limit downside risk.
More aggressive traders could look for a bounce off the $1.81 support with targets at $2.17 and $2.37. Any entry should be sized appropriately given the high volatility, as evidenced by the 14-day ATR of $0.13.
Risk management remains crucial, as the 24-hour trading range of $2.20-$1.83 demonstrates DOT’s continued volatility during this consolidation phase.
Conclusion
While DOT faces near-term headwinds with current bearish momentum, the technical setup suggests potential for recovery toward analyst targets of $2.48-$3.30 by month-end. The key will be whether buyers step in to defend the $1.81 support level.
This DOT price prediction carries moderate confidence given the oversold technical position but acknowledges significant downside risk if support fails. As with all cryptocurrency investments, traders should never invest more than they can afford to lose, and past performance does not guarantee future results.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry substantial risk and prices can be highly volatile.
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Source: https://blockchain.news/news/20260119-price-prediction-dot-targets-248-recovery-by-end-of
