The Polkadot price analysis reveals a positive shift in the market as bullish momentum returns, pushing the price up to $5.27. Despite a challenging period over the past few days, the coin is showing signs of recuperation, with a notable increase of 0.44% in the last 24 hours. The Bollinger bands indicator highlights a resistance level of $5.54 and a support level of $5.17 for DOT, while the RSI curve indicates buying activity in the market. Overall, the upward movement suggests that the recent significant correction may have come to an end.
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