TLDR:
- Nova Pockets customers in Europe can now spend Polkadot tokens (DOT) through Mastercard-linked crypto debit playing cards.
- DOT broke a descending trendline, suggesting a shift from bearish to bullish sentiment.
- Price targets vary from $7.58 to $9.27 if help holds and quantity continues to construct.
- Technical patterns point out consolidation close to help zones, typically a precursor to breakouts.
Polkadot’s ecosystem continues increasing with sensible Web3 options as technical indicators counsel potential value momentum forward.
The blockchain network just lately launched crypto debit playing cards by means of Nova Pockets, whereas market analysts determine key help ranges that would set off vital upward motion. These developments spotlight Polkadot’s twin deal with mainstream adoption and market positioning.
Customers can now spend DOT tokens immediately by means of conventional cost methods. Technical evaluation reveals consolidation patterns that traditionally precede main breakouts.
Nova Pockets Launches DOT Debit Cards for European Customers
Nova Pockets launched Polkadot debit playing cards by means of a partnership with Mercuryo, enabling customers to spend DOT tokens wherever Mastercard operates.
The characteristic arrived with Nova Pockets model 10 and at present serves European Financial Space residents completely. Customers should full KYC verification and meet the age necessities of 18 years or older to entry the service.
💳 POLKADOT DEBIT CARDS JUST LANDED!
Nova x Mercuryo deliver you a crypto debit card in Nova Pockets v10.
High it up with DOT and spend wherever Mastercard is accepted — on-line, in-store, on the go!
🌍 At the moment obtainable in the EEA.
Get your card now: https://t.co/EpODpz6s7Y pic.twitter.com/LeV5S5e3Hh
— Nova Pockets (@NovaWalletApp) June 3, 2025
The cardboard system converts DOT holdings to EUR mechanically when customers make purchases on-line, in bodily shops, or throughout journey. This integration represents a major bridge between decentralized finance and conventional cost methods.
Nova Pockets’s announcement emphasised the comfort of spending crypto belongings with out complicated conversion processes.
Cryptocurrency dealer Fortunate shared evaluation indicating DOT price movement inside a descending channel sample over current months.
The token at present trades across the $4.17 stage after breaking above a key trendline in late Might. This breakout suggests shifting market sentiment from bearish to probably bullish territory.
The chart evaluation identifies sturdy help zones the place the DOT value has repeatedly bounced increased. These help ranges typically serve as launching factors for upward strikes when mixed with elevated buying and selling momentum.
$DOT is buying and selling sideways, however truthfully this can blow up huge time.
Just a bit momentum wanted right here.
NFA. pic.twitter.com/yzfEXznoEa
— Fortunate (@LLuciano_BTC) June 4, 2025
Fortunate famous that DOT requires minimal catalyst occasions to set off substantial value appreciation.
Market Projections Goal Larger Polkadot Price Ranges
Technical projections counsel DOT may attain $7.58 if present help ranges maintain and shopping for momentum will increase.
Extra targets close to $9.27 seem achievable ought to the token break by means of quick resistance round $4.50. These projections depend upon sustained quantity and continued accumulation close to present value ranges.
The descending channel sample usually resolves with upward breakouts when belongings attain sturdy help zones.
DOT’s recent trendline break, mixed with consolidation conduct, signifies preparation for potential explosive motion. Market individuals look like accumulating positions at present ranges.
Based on CoinGecko knowledge, Polkadot trades at $4.10 with a 24-hour quantity reaching $171,638,218. The token declined 1.00% in the previous day and dropped 10.80% over the earlier week.
Regardless of short-term volatility, technical indicators counsel underlying energy is constructing at these value ranges.
