Our latest Polkadot price outlook predicts an upswing of 7.53%, taking the value to an estimated $5.79 by May 16, 2023. As per our technical indicators, the prevailing sentiment leans towards Bearish, even as the Fear & Greed Index marks a Neutral position at 52. In the last 30 days, Polkadot has experienced 14 positive days, constituting 47%, alongside a price volatility of 6.99%. Given our current Polkadot analysis, it’s not the most favorable period to purchase Polkadot.
Polkadot Price Estimation and Prevailing Market Atmosphere – May 2023