Polkadot (DOT) has showcased a 16% increase over the past week, highlighting significant movement in this altcoin's price.
The retesting of $8.60 brings critical possibilities of either breaking out towards $12.61 or dropping significantly to $4.15.
Future movements depend on the broader market sentiment and any potential macroeconomic trends impacting the cryptocurrency sphere.
This situation positions DOT at a pivotal crossroads, where careful analysis and market monitoring will be crucial for investors.