Polkadot Price Analysis: DOT breaks through $24, rapidly moves to $26 next

TL;DR Breakdown Polkadot price analysis indicates strong bullish momentum to follow.DOT/USD started pushing higher overnight.DOT broke past the $24 resistance earlier today. Polkadot price analysis is bullish for today as bulls started to push the market higher overnight, and the $24 resistance was breached earlier today. Therefore, we expect DOT/USD to advance further today and reach the $26 mark next. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market trades in the green today as bulls took over the momentum overnight. Bitcoin is up by 3.6 percent, while Ethereum is up by 4.55 percent. Solana (SOL) is among the best performers, with a gain of 31 percent. Polkadot price movement in the last 24 hours: Polkadot moves higher with strong momentum DOT/USD traded in a range of $21.87 – $25.00, indicating substantial volatility over the last 24 hours. Trading volume has increased by 39.56 percent and totals $1.8 billion. Meanwhile, the total market capitalization trades around $24.66 billion, ranking the cryptocurrency in 9th place overall. DOT/USD 4-hour chart: DOT targets $26 next On the 4-hour chart, we can see the Polkadot price rapidly advancing over the past hours as bulls target the $26 resistance next. DOT/USD 4-hour chart. Source: TradingView Polkadot price action continues to rapidly advance over the past weeks after a new swing low was set around the $10.5 mark. So far, DOT/USD has gained more t...