Polkadot Price Analysis: Price of Polkadot rallies to $32, bulls prepare for ATH?

TL;DR Breakdown Polkadot price analysis is trading bullishly Price of Polkadot on our 24-hour Polkadot price analysis is showing moderate volatilityPolkadot has undergone significant bullish momentum in the last 1 and a half months Polkadot price analysis is trading bullishly after the smart contracts platform token emerged as the best coin of the day on the 24-hour chart. DOT/USD breached strong resistance at $29 to hit an intraday high of $32. The price of Polkadot is expected to rise in the course of the day as the bulls prepare to dash against an upper target of $35.  A rally starting from July 20 to August 31 indicates a 205 percent improvement in the price of Polkadot between the $10.36 swing low to the $31.70 August swing high. Analysts are betting on an impending Polkadot rally, following the sudden breakout of its layer 1 competitor Solana into the $100 region. Most traders believe Polkadot will be the next altcoin to set an all-time high.  Polkadot price movement in the last 24 hours: Polkadot sets higher low at $29.77 The price of Polkadot on our 24-hour Polkadot price analysis is showing moderate volatility between the daily range of  $29.77 – $32.08. The Layer 1 smart contract token saw its trading volume rise by 107 percent in the last 24 hours to a whopping $5.34 billion. Polkadot’s market ranks at position #9 with a total market valuation of $30.05 billion. DOT/USD 4-hour chart:Will t...