Polkadot’s DOT token jumped 7.18% in 30 minutes on September 8, 2026, reaching $1.179 amid mixed broader crypto market conditions. The move extended an hourly gain of 8.26% and a 24-hour rise of 9.47%.
The token traded between a daily low of $1.041 and high of $1.179, with volume around $26.36 million. Traders identified immediate resistance near $1.25 and support at $1.10. A confirmed breakout above the current high could signal further bullish momentum, while rejection may invite profit-taking.
Technical analysis suggests Polkadot broke a resistance zone around $1.025, which coincided with the 50% Fibonacci retracement of the downward impulse from May. Analysts now project a rise toward $1.300, a former May resistance level and the target for the active intermediate impulse wave (c) within an ABC correction from mid-August. No confirmed fundamental catalyst was reported, though increased staking ratios and circulating supply dynamics were cited as possible sentiment drivers.
