Polkadot Price Analysis: DOT outpaces other altcoins, lifting toward record highs

• Polkadot leads recovery among the top ten assets in the market, eyeing price levels past $40.
• The MACD has validated DOT’s uptrend on the four-hour chart.
• Closing the day under the ascending channel’s middle layer support could pave the way for correction.

Polkadot is trading in the green while contributing to renewing the crypto bull cycle. At the time of writing, DOT is up nearly 9% to trade slightly above $36. The last seven days have seen the token hold onto the uptrend staged from support at $28.