Recently, Dogecoin's market performance has attracted attention, showing characteristics of a "rising volatility channel", with long positions demonstrating solid support capability. From a technical perspective, the MACD indicator has formed a golden cross pattern above the zero line, which is typically regarded as a bullish signal. At the same time, the volume-price indicator is also showing a synchronously rising trend, further strengthening the current upward trend.

Analysts generally believe that Dogecoin may experience a certain degree of volatility within the range of 0.22 to 0.23 dollars. However, if it can break through this range, the next potential target price may rise to the range of 0.25 to 0.27 dollars.

It is worth noting that the cryptocurrency market is at a critical juncture. With the impending decisions regarding cryptocurrency ETFs in October, the entire market may be affected as a result. Investors should closely monitor relevant regulatory developments, as this could significantly impact the price trends of various crypto assets, including Dogecoin.

However, we also want to remind investors that the cryptocurrency market is highly volatile, and any investment decisions should be based on thorough research and risk assessment. Although technical indicators can provide valuable insights, market trends are often influenced by a complex array of factors, including but not limited to the macroeconomic environment, changes in regulatory policies, and market sentiment.

Overall, the technical performance of Dogecoin is relatively positive, but investors still need to remain vigilant and manage risks appropriately to cope with potential market fluctuations.