After experiencing a parabolic surge of 165% over the past month, Polkadot (DOT) has surpassed the $10 mark. Amid the rally, one analyst predicted a possible rise to $22. In a market where Bitcoin struggles to maintain dominance above $96,000, altcoins are gaining momentum. Polkadot is gradually gaining momentum, surging 7.77% overnight, continuing its bullish trajectory. Furthermore, the uptrend has now reached the psychological $10 level and the recovery is targeting further expansion. Will this rally push Polkadot to a new 52-week high? Let's explore it. Polkadot Price Analysis On the daily chart, Polkadot’s price action shows a massive breakout rally with strong momentum. This rally caused Polkadot’s price to go parabolic, surging from $3.693 on November 5 to the current market price of $10.02. The price surge represents an increase of nearly 165% in one month. The Polkadot price chart recovery has surpassed the 78.60% Fibonacci retracement level at $9.87, marking a break above long-term resistance.