The weekly MACD is showing higher lows, and the moving averages are flattening, indicating that DOT could be preparing for a bullish run.
seems to be gradually gaining momentum in the Web3 space, following a recent upgrade that has attracted significant attention from developers.
Since then, the price has been trending downward. The August 5th market crash low has not been breached, suggesting accumulation is taking place. This high percentage indicates growing bullish sentiment among whales, retail investors, and institutions, who are likely accumulating DOT in anticipation of a price increase.
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