<ul data-eligibleForWebStory="false">Polkadot (DOT) shows signs of strength with a 2.69% price increase amidst a flat cryptocurrency market.DOT is trading near $3.44 with a trading volume of $196.37 million and a market cap of $5.66 billion.A descending wedge formation on DOT's price chart hints at a potential bullish reversal towards $7.90.Technical analysis suggests a breakout above the $4.00 to $4.50 range could confirm a bullish trend for Polkadot.