Dogecoin is showing strong bullish momentum, staying above significant levels. The MACD indicates increased buying pressure, which aligns with projections of DOGE potentially rising toward $4. Confidence among traders is growing.
A rise in long positions shows trader confidence in DOGE, amplifying upward price pressure. With fewer sellers also evident, holders seem to be expecting higher prices for DOGE, reinforcing the bullish sentiment.
Historical volatility for DOGE suggests it has become more stable recently. Reduced volatility may lead to consistent upward movements, allowing DOGE to progress swiftly toward the $4 target if bullish market sentiment persists.
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