THE LATEST CRYPTO NEWS

The former BitMEX CEO, Arthur Hayes, is making a bold prediction for the TRUMP meme coin: it will outperform Bitcoin if market sentiment continues improving and politicians start leveraging meme cryptos. Related Reading: Cardano Price Balloons 107% As Whales Scoop Up 1.41 Billion ADA The TRUMP token was launched to coincide with US President Donald Trump’s inauguration and, in just a short time, became the fourth-largest meme coin by market capitalization. However, after hitting a peak of $75, the TRUMP meme coin dropped to below $20. Now, the asset is getting a second look, with Hayes offering a prediction on its next movement. Immediately after Hayes’ post, the TRUMP meme coin showed signs of recovery. It’s currently trading between $19.03, up 17% in the last 24 hours, data from CoinMarketCap shows. Why TRUMP Meme Coin Will Perform Better Than BTC In a blog post, Hayes speculated that meme coins will become a powerful political tool since they can be used for advertising and campaigning. He then predicted that the 2026 midterm election would be a pivotal moment for the crypto industry, as more politicians would join the trend and launch their own meme coin projects. According to Hayes, political meme coins are unique crypto projects since they blend politics and entertainment. He speculated that if market sentiment improves further, political meme coins, particularly TRUMP, will outperform Bitcoin. Hayes used the the latest price action for the two digital assets, with TRUMP down 80% from its high, and Bitcoin struggling to reclaim $110k. If the market situation improves, Hayes thinks that the TRUMP coin will surge first, and Bitcoin will follow. Will Other Politicians Follow Trump And Launch Their Meme Coins? Hayes also expects that more politicians will join the trend and suggests that Chinese leader Xi Jinping is next. He added that Xi will realize that he needs to show people that he’s popular, and one way to do this is to launch a meme coin. However, Hayes offered a warning that similar projects in the future may not be as successful compared to the TRUMP meme coin. Challenges Up Ahead For Similar Crypto Projects In an interview with Scott Melker, Hayes said that there’s an exciting change in the crypto industry favoring highly liquid meme coins. However, Hayes explained that only Trump can pull this off and that future political meme coin projects may struggle due to strict community standards. Related Reading: Ethereum Whales On The Move—224,000+ ETH Withdrawn In Record Outflow Hayes speculated that some investors may ask for fair launches with equitable allocations. Melker also offered his insights on the unique standing of the TRUMP meme coin. He referenced a recent chat with Hasem Qureshi of Dragonfly, who suggested that the asset’s tokenomics is comparable more to a security than a meme coin. He added that people are buying the token because of Trump, and its price is not freely floating and subject to price discovery. Featured image from Gemini Imagen, chart from TradingView

Meme coin PEPE is showing signs of bullishness in a market currently filled with uncertainty. This bullish sign is reflected through PEPE’s projected breakout of the 800 EMA, which is a sign of bullish reversal.  This bullish case for PEPE was first noted by a crypto analyst known pseudonymously as Slick on social media platform X. The 800 EMA, which has served as a significant resistance level for PEPE price uptrends, is now being tested again after a prolonged period below it. PEPE Eyes 800 EMA Breakout After Weeks Of Rejection PEPE is showing signs of a potential bullish reversal, with the price moving toward a critical technical level that could redefine its short-term trajectory. This critical technical level is highlighted through technical analysis of the 800 EMA indicator.  Related Reading: PEPE Price Hits $0.000027 ATH, On-Chain Data Says These Are The People Driving It Since January 19, PEPE has consistently traded below the 800 EMA, a trend that has kept the price subdued despite several attempts to break higher. However, recent price action suggests that this prolonged bearish structure may be coming to an end. The moving averages are converging more than the previous attempts. The current setup shows a stronger alignment between the short and long-term EMAs, which indicates weakening resistance and increases the probability of an upward breakout. However, this attempt to break above the 800 EMA is most convincing on the 15-minute candlestick timeframe and is yet to be evident on larger timeframes.  Will This Snowball Into A Larger Timeframe Reversal? The question is whether PEPE’s breakout attempt above the 800 EMA on the 15-minute chart will spark a broader shift in momentum across higher timeframes. Short-term breakouts like this serve as the primer for larger trend reversals, particularly when aligned with technical indicators such as the Exponential Moving Averages (EMAs).  Related Reading: PEPE Marks Bottom After Scary Market Crash, Enters Wave 3 With Over 500% Promise A successful breakout here could bring higher timeframe levels into play, which would mean a longer-term bullish momentum. However, there’s still a risk of a PEPE price rejection at the 800 EMA, even on the 15-minute candlestick timeframe. As shown in the price chart above, this rejection has already happened twice this month, once at the start of January and again on January 11.  However, the current test is more peculiar because other EMAs, including the 200 EMA, have now converged more closely than during the previous failed breakouts. This alignment suggests that resistance may be weakening and increases the likelihood of a decisive move higher. At the time of writing, PEPE is trading at $0.000009829, up by 3.13% in the past 24 hours. The increase in the past 24 hours is a positive signal for PEPE’s breakout from the 15-minute 800 EMA to larger timeframes. However, there is still work to do, as PEPE is currently down by 3.85% in a seven-day timeframe. There is also a notable resistance at $0.00001019 that could delay any further uptrend move. Featured image from iStock, chart from Tradingview.com

Recent analysis reveals that the Shiba Inu price has formed a Falling Wedge pattern and is on the verge of breaking above it. Technical indicators suggest that SHIB could embark on a massive rally once this breakout occurs, as analysis predicts a price surge of over 250% in the coming months.    Shiba Inu Price Gears Up For 250% Rally  Shiba Inu (SHIB), the second-largest meme cryptocurrency by market capitalization, is showing signs of a potential breakout to the upside. A crypto analyst identified as Rose Premium Signals on X (formerly Twitter) highlighted that SHIB is currently retesting the perfect accumulation zone, representing a crucial support level that historically acts as a launchpad for a price rally. The analyst predicts that Shiba Inu is set for a 250% price surge to new highs.  Related Reading: Shiba Inu Price Gearing Up To Fly After Lows, Here’s The Target After experiencing months of decline and volatility, the price formed a unique technical pattern called a Falling Wedge. This pattern is a classic bullish reversal signal that forms when there is a downward trend in a cryptocurrency’s price action. Considering that Shiba Inu has recorded multiple price crashes to new lows, the emergence of this pattern breathes optimism into the meme coin’s future outlook. Rose Premium Signals has shared a price chart, providing a clearer view of this technical pattern. The chart shows that SHIB is nearing the apex of its Falling Wedge pattern and is on the verge of a breakout.  A successful breakout from this bullish pattern could trigger a sharp upward movement, propelling the Shiba Inu price by 250% towards key resistance levels at $0.00002913, $0.00003612, and ultimately $0.00004401. This final price target represents a staggering 251% increase from Shiba Inu’s current market value.  The analyst has set a timeline for his optimistic prediction, forecasting that Shiba Inu will hit a price peak of $0.00004401 in the next 77 days, around April 29, 2025. On a side note, Rose Premium Signals expects a breakdown in the Shiba Inu price before this projected rally. The analyst predicts that Shiba Inu could decline and hit a final price low of $0.00001299 before it embarks on its surge to $0.00004401. This price crash is expected to occur around March 2025. If this bearish projection holds, it may present a prime buying opportunity for investors aiming to capitalize on the analyst’s 250% SHIB price rally forecast.  TD Sequential Flashes Buy Signal For SHIB According to data from CoinMarketCap, the SHIB price is currently trading at $0.000015, recording declines of over 3.9% in the last 24 hours and 23.8% over the past month. While the meme coin still faces bearish pressure, crypto analyst Ali Martinez has revealed that Shiba Inu’s TD Sequential indicator has flashed a buy signal on the weekly chart.  Related Reading: Shiba Inu Price To $0.000045? Here Are The Major Support And Resistances To Watch Out For Due to this technical indicator, the analyst surmised that Shiba Inu is showing signs of a potential rebound to the upside. He shared a chart and predicted that SHIB could advance toward a new target of $0.0000185.  Featured image from iStock, chart from Tradingview.com

Peirce is spearheading the SEC’s newly-created Crypto Task Force.

Investors are once again becoming drawn to Dogecoin (DOGE). This time, analysts have found a pattern that could send the famous meme coin soaring past the long-awaited $1 mark. DOGE hit its all-time high of $0.74 during the 2021 bull run, but it has since had a hard time getting back to that level. But now, one market expert thinks that the past might be about to happen again, this time with even bigger gains. Related Reading: Final Dip? Dogecoin Correction Could Precede A Record Surge—Analyst A Pattern That Points To Rapid Growth Chandler, a crypto analyst, says that Dogecoin has been following a familiar cycle since December 2023. The cycle has three main parts: a breakout to new highs, a brief pullback, and then a sharp rebound that goes above the previous peak. This pattern has already happened twice, and if it happens again, DOGE could be about to have a big recovery. The most recent high of $0.85, followed by a pullback, suggests that the next move could push Dogecoin to an estimated $1.80—a gain of over 112% from its last peak. While price patterns don’t guarantee future performance, Dogecoin’s history of explosive rallies fueled by hype, speculation, and retail enthusiasm makes such a scenario plausible. Over the past year, every higher high $DOGE made was 112% higher than the previous one. 112% above the last top puts us at $1. ???????? pic.twitter.com/al8D86UGq0 — Chandler⚡️ (@ChandlerCharts) January 26, 2025 Market Sentiment And The $1 Psychological Barrier Overcoming $1 has long been a psychological and technological obstacle for Dogecoin. Even though there was a lot of excitement and significant support from people like Elon Musk, the previous effort in 2021 was unsuccessful. However, the circumstances for another breakthrough seem to be developing given Bitcoin’s continued success and the momentum that altcoins are getting. Sentiment is a significant factor in the fluctuations of Dogecoin. In the past year, DOGE has achieved gains of nearly 200%, surpassing Bitcoin’s 110% increase. The possibility of surpassing $1 is not only conceivable, but it may occur sooner than most individuals anticipate if this outperformance continues. Related Reading: Can XRP Hit $10,000? A Quadrillion Market Cap For The Coin If That Happens – Analyst Caution Amid The Hype Historical patterns can provide useful insights, but they are not totally reliable. The price of Dogecoin remains very volatile, and external variables such as macroeconomic conditions, regulatory changes, and larger market trends can all have an impact on its movement. Investors who are interested in participating in the prospective breakout should exercise caution when evaluating the risks. Profits can be substantial, but pullbacks can be equally rapid due to Dogecoin’s speculative nature. However, the forthcoming months may serve as a pivotal moment for the original meme coin, as DOGE’s chart indicates signs of life and the $1 barrier approaches. At the time of writing, DOGE was trading at $0.2671, up 5.7% and 2.8% in the daily and weekly frames. Featured image from Gemini Imagen, chart from TradingView

Dogecoin started a recovery wave above the $0.250 zone against the US Dollar. DOGE is now consolidating and might face hurdles near $0.2655. DOGE price started a recovery wave above the $0.2500 and $0.2520 levels. The price is trading above the $0.250 level and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $0.2515 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.260 and $0.2655 resistance levels. Dogecoin Price Faces Resistance Dogecoin price started a fresh decline from the $0.2940 resistance zone, like Bitcoin and Ethereum. DOGE dipped below the $0.280 and $0.2655 support levels. It even spiked below $0.250. A low was formed at $0.2388 and the price is now rising. There was a move above the 23.6% Fib retracement level of the downward wave from the $0.2933 swing high to the $0.2388 low. The price even cleared the $0.2500 resistance level. There was a break above a connecting bearish trend line with resistance at $0.2515 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading above the $0.250 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.260 level. The first major resistance for the bulls could be near the $0.2655 level or the 50% Fib retracement level of the downward wave from the $0.2933 swing high to the $0.2388 low. The next major resistance is near the $0.2725 level. A close above the $0.2725 resistance might send the price toward the $0.300 resistance. Any more gains might send the price toward the $0.320 level. The next major stop for the bulls might be $0.3420. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.260 level, it could start another decline. Initial support on the downside is near the $0.2520 level. The next major support is near the $0.250 level. The main support sits at $0.2380. If there is a downside break below the $0.2380 support, the price could decline further. In the stated case, the price might decline toward the $0.2250 level or even $0.2120 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.2520 and $0.2500. Major Resistance Levels – $0.2600 and $0.2655.

The recent downturn that has swept across the entire crypto market has pushed meme coin PEPE into oversold territory, according to the Relative Strength Index indicator. Notably, this is only the third time PEPE has reached the oversold levels in its history, particularly on the daily candlestick timeframe.  Historical data shows that in the previous two instances, PEPE’s price movement followed a specific pattern, leading to a strong recovery after a period of consolidation. As such, the recent PEPE price crash might be the first step before an incoming bull price action. PEPE Oversold Condition Is A Rare Market Event: What Happened The Last Two Times? PEPE hasn’t had much history to go by, as it is one of the youngest meme coins with a large market cap. However, over the past year and a half since its launch, PEPE has rarely dipped into oversold territory on the Relative Strength Index (RSI). This makes its current oversold status a significant event in technical analysis, as it has only happened twice before. An oversold condition is when the selling pressure on a crypto becomes too much in a short period, which causes the RSI indicator to fall below 30. Related Reading: PEPE’s 64% Drawdown Theory: Analyst Reveals The Level To Hold Amid Massive Price Crash In both previous instances where PEPE became oversold, the price entered a consolidation phase lasting approximately one month before rebounding with a strong uptrend. This pattern is evident in a PEPE daily candlestick chart shared on social media platform X by crypto analyst Obi (@obi_eths), which illustrated the meme coin’s historical response to oversold conditions. As shown by the chart below, the first time the meme coin became oversold was in September 2023, four months after its launch. Notably, the oversold condition was followed by 31 days of consolidation before PEPE eventually shot up to new all-time highs in the weeks after.  A similar trend occurred in August 2024, when PEPE entered into an oversold condition for the second time. This was followed by another 31 days of consolidation up until September 6, when another uptrend began. Accumulation Phase? What To Expect Next With PEPE now entering another oversold condition, historical patterns suggest that the meme coin could remain in a consolidation phase for at least the next month. If past trends repeat, this period could serve as an accumulation window for investors who are willing to exercise patience and position themselves ahead of a potential rally. Related Reading: Dogecoin Vs. PEPE: Analyst Reveals Which Coin You Should Hold This Bull Cycle The timeline for this anticipated surge should begin on March 10, which is exactly 31 days after PEPE entered the recent oversold condition. From here, the meme coin could attempt to mirror its past rebounds by staging an extended move that could push its price beyond its current all-time high of $0.00002803, which was recorded on December 9, 2024.  At the time of writing, PEPE is trading at $0.000009544, 65.8% below this all-time high. Featured image from Shutterstock, chart from Tradingview.com

America, Asia and Africa witnessed various regional memecoin events over the weekend.

Dogecoin (DOGE) is gaining momentum as bullish pressure strengthens, positioning the price for a potential move toward the $0.2677 mark. After facing recent turbulence, buyers are stepping in to reclaim control, signaling a possible shift in market sentiment. This renewed push comes as Dogecoin finds stability above key support levels, allowing bulls to build upward pressure and challenge higher resistance zones. The growing optimism surrounding Dogecoin is driven by increasing trading volume and improved market conditions, which could fuel an extended rally. If the price continues to climb and breaks through critical resistance barriers, it may set the stage for further upside, reinforcing the bullish outlook. Analyzing DOGE’s Potential For Continued Bullish Growth Currently, Dogecoin is displaying steady bullish momentum as it gradually moves toward the $0.2677 mark. The price action suggests increasing buyer interest, with bulls attempting to sustain upward pressure after overcoming recent consolidation. If this trend continues, DOGE might build the strength to challenge key resistance levels ahead. Related Reading: Dogecoin $10 Price Target Back In Play? Here’s What The Charts Say Despite trading below the 4-hour SMA, DOGE’s price action shows signs of strengthening. With sustained positive movement, the meme coin may gather enough pressure to break through key resistance levels. A successful move above the SMA would confirm a trend shift, opening the door for more upside. Key technical indicators are reinforcing Dogecoin’s steady upward movement, with momentum oscillators signaling increasing strength. The Relative Strength Index (RSI) is approaching the 50% neutral mark, indicating a potential shift in sentiment as buying pressure builds. A move above this level would confirm growing bullish momentum, possibly driving the price higher. Additionally, if the RSI continues its ascent, it implies that Dogecoin is entering a more favorable zone for buyers, reducing the chances of an immediate pullback. When combined with rising trading volume and other indicators, such as a positive MACD crossover, these signals strengthen the case for more growth. Should momentum hold steady, Dogecoin could be on track for a breakout toward key resistance levels, paving the way for a more extended rally. Can Dogecoin Maintain Its Uptrend And Secure A Stronger Rally? If Dogecoin continues its upward momentum, the price could gain traction for a sustained rally. A break above the $0.2677 key resistance level would strengthen the bullish outlook, pushing DOGE toward higher targets such as $0.3066. Related Reading: Dogecoin Crashes 40%, But This Analyst Sees A Bullish Setup Furthermore, bulls maintaining their momentum and driving the price above the 4-hour SMA will see DOGE transitioning toward a positive direction. This move may pave the way for further gains, pushing the price to key resistance levels and extending the ongoing uptrend. However, for the uptrend to remain intact, DOGE must hold above critical support zones and maintain steady buying pressure. Should momentum weaken, a period of consolidation or a minor retracement might occur, causing a price drop to support levels such as $0.1800 before another breakout attempt. Featured image from Unsplash, chart from Tradingview.com

PEPE price is facing renewed bearish pressure as it struggles to break above the critical $0.00001152 resistance level. The recent failure to push higher has left the token consolidating, hinting at a possible downward move if buyers fail to regain control. With market sentiment tilting in favor of the bears, traders are bracing for what could be another wave of selling. If bulls cannot generate enough momentum, PEPE may slip further, testing lower support zones in the coming sessions. The battle between buyers and sellers at this level will be crucial in determining the token’s next major move. PEPE Consolidation Near Resistance: A Breakdown Or Rebound? Pepe’s price action remains trapped in a consolidation phase just below a crucial resistance level, indicating market indecision. Its recent failed breakout attempt highlights the strength of sellers in this zone, preventing bullish momentum from taking over. As the price struggles to push higher, the risk of a potential breakdown increases, especially if bearish pressure intensifies.  Related Reading: PEPE Recovery Hits A Wall: Can Bulls Smash Through $0.00001313? The price continues to trade below the 4-hour Simple Moving Average (SMA), reflecting that the meme coin is still under negative pressure. This price action suggests that the market sentiment remains tilted toward the downside, as the failure to break above the SMA highlights a lack of buying strength. Furthermore, the Relative Strength Index (RSI) is trending below the 50% threshold, further supporting the bearish outlook. Usually, the RSI’s position below this key level indicates that the selling pressure is currently stronger than the buying, with the market leaning more toward the downside. Further downward movement remains high until the price can break through the 4-hour SMA and the RSI sustains a move below the 50% key level. Crucial Support Zones In Focus As Selling Pressure Rises With selling pressure mounting in the market, $0.00000766 is the initial support level to watch. Historically, this level has proven to be a critical price point, acting as a psychological and technical barrier. If the price can maintain above this level, it could signal that buyers are still holding the line, offering a potential for stabilization or even a rebound. Related Reading: PEPE Marks Bottom After Scary Market Crash, Enters Wave 3 With Over 500% Promise Should selling pressure persist, the $0.00000589 mark will be the next key area to watch. This support level represents a deeper point of defense for PEPE, and its ability to hold might be crucial for preventing a more significant downturn. A drop below $0.00000589 would be concerning, as it can expose the price to a possible extension of the bearish trend, causing traders to reevaluate their positions. However, if the price remains above the $0.00000766 level, it may pave the way for a surge toward the $0.00001152 resistance level as buyers remain in control. A break above this level points to further gains, with the price targeting $0.00001313 and moving above the 100-day SMA. Featured image from Adobe Stock, chart from Tradingview.com

Dogecoin started a recovery wave above the $0.240 zone against the US Dollar. DOGE is now consolidating and might face hurdles near $0.270. DOGE price started a recovery wave above the $0.2350 and $0.2420 levels. The price is trading below the $0.2780 level and the 100-hourly simple moving average. There is a major bearish trend line forming with resistance at $0.260 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.260 and $0.270 resistance levels. Dogecoin Price Faces Resistance Dogecoin price started a fresh decline from the $0.3450 resistance zone, like Bitcoin and Ethereum. DOGE dipped below the $0.300 and $0.250 support levels. It even spiked below $0.220. The price declined over 25% and tested the $0.20 zone. A low was formed at $0.20 and the price is now rising. There was a move above the 50% Fib retracement level of the downward wave from the $0.3415 swing high to the $0.20 low. However, the bears are active near the $0.280 zone. Dogecoin price is now trading below the $0.270 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.260 level. There is also a major bearish trend line forming with resistance at $0.260 on the hourly chart of the DOGE/USD pair. The first major resistance for the bulls could be near the $0.270 level. The next major resistance is near the $0.2850 level or the 61.8% Fib retracement level of the downward wave from the $0.3415 swing high to the $0.20 low. A close above the $0.2850 resistance might send the price toward the $0.300 resistance. Any more gains might send the price toward the $0.320 level. The next major stop for the bulls might be $0.3420. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.270 level, it could start another decline. Initial support on the downside is near the $0.2420 level. The next major support is near the $0.2250 level. The main support sits at $0.220. If there is a downside break below the $0.220 support, the price could decline further. In the stated case, the price might decline toward the $0.2020 level or even $0.200 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.2420 and $0.2250. Major Resistance Levels – $0.2700 and $0.2850.

Dogecoin is still reeling in losses after a crazy 40% decline at the start of the week. Although it has since recovered a bit, Dogecoin is still on a 20% loss in a seven-day timeframe at the time of writing.  However, technical analysis suggests that Dogecoin’s bull run might still be in play, and the meme coin could still reach the $10 price target this cycle. This analysis is based on the time taken for Dogecoin to reach new all-time highs and market peaks in the previous cycles. Dogecoin’s Historical Cycles and Price Peaks Dogecoin’s price movements have historically followed well-defined cycles, and multiple analysts have observed a consistent pattern across the cycles. Notably, Dogecoin is now in its third market cycle, and price dynamics in the current cycle have already shown different repetition signs from the two previous cycles.  Related Reading: Can The Dogecoin Price Rally For 3 Months Straight? 2021 Bull Market Performance Says Yes According to crypto analyst ÐOGECAPITAL (@DimaPotts36), Dogecoin’s price history has a striking cycle pattern that repeats approximately every 1,442 days. This pattern of 1,442 days is the average time taken for the Dogecoin price to reach its final peak of each cycle when counting from the bear market low.  The first cycle, which spanned between 2013 and 2018, saw DOGE rally by 21,821% from its cycle low to its peak. Back then, Dogecoin was trading for a minuscule price around $0.00009, but it eventually surged to break above $0.01 for the first time. At that time, Dogecoin was still regarded as little more than a joke coin, with only speculative trading from early investors driving its price action.  The bear market low was recorded at $0.00125, but as the crypto market entered a euphoric bull phase in 2021, Dogecoin became one of the biggest winners of the meme coin craze, as it went on a 54,890% increase from its cycle low. The meme coin craze allowed Dogecoin to gain prominence among retail traders during this period, which eventually pushed its price to the current all-time high of $0.7316. With the third cycle now in motion, crypto analyst ÐOGECAPITAL noted that it might take the same 1,422 days for Dogecoin to reach a new peak. Timeline For New Dogecoin Price Peak Dogecoin’s current market cycle began immediately after its all-time high in 2021, after which the meme coin entered a prolonged bear market. The price low for this cycle was registered sometime in 2022 when Dogecoin corrected to as low as $0.055. Related Reading: Dogecoin Still In Play As Price Gears Up For Another 600% Run Above $2 A repeat of the 1442-day cycle means that Dogecoin will reach its market peak on April 14, 2025. In terms of a price target, the predicted target is around $10, which would translate to an 18,000% increase from the 2022 bear market low. Although this percentage gain is notably smaller than the 54,890% rally seen during Dogecoin’s 2021 cycle, the capital required to create such an increase is significantly higher due to the cryptocurrency’s market cap. At the time of writing, Dogecoin is trading at $0.2669 and is up by 1.1% in the past 24 hours. Featured image from Adobe Stock, chart from Tradingview.com

After receiving a considerable backlash in the market recently, US President Donald Trump’s meme coin found an unlikely ally: Ark Investment’s CEO Cathie Wood. Related Reading: Crypto Traders Wrecked As Trump’s Tariffs Spark $2 Billion Liquidation In an interview with Bloomberg, Cathie Wood boldly claimed that launching Trump’s meme coin is good for the industry and signals a paradigm shift. Wood claimed its launch was a “meme coin moment” and would help the crypto industry establish its claim as a legitimate digital asset. She further compared Trump’s meme coin launch to the initial coin offerings (ICO) campaigns for 2017. During this period, thousands of crypto projects raised huge amounts, paving the way for creating popular projects like Chainlink, the EOS network, and Ethereum. TRUMP Meme Coin: Relying On A ‘Meme-Only’ Utility President Donald Trump surprised the broader crypto market by launching his official cryptocurrency on the Solana blockchain last January 17th. As expected, the TRUMP token surged immediately after listing and gained plenty of attention when Trump officially took office. Then, the token hit an all-time high of $77 days after its debut in the market. However, the TRUMP token failed to sustain its impressive price surge and soon dropped massively. The token is currently trading at around $17, putting into question the asset’s use cases. According to Cathie Wood, the only confirmed use case for this meme coin is its connection with the current US president. Still A No-Buy For Cathie Wood Interestingly, Wood issued a few statements about the Trump coin in January. Just days after the coin’s launch, Wood said the project lacked a real-world use case and that she’s staying away from meme coins. Today, Wood sings a different tune and sees potential value for the TRUMP coin. In the same Bloomberg interview, she shared one rumor that holders will be allowed to meet President Trump. However, Wood’s statement remains unconfirmed and just pure speculation. Related Reading: Trump Effect? Solana Stablecoin Supply Jumps 73% Since Mid-January Wood, Ark Investment Focused On Top Cryptos Although Wood appreciated the role of the TRUMP token in ushering in a new era for crypto, she insisted that she would not invest in meme coins. She added that her company has generally avoided meme coins for their lack of use cases. Instead, Ark Investment is focused on the top cryptocurrencies like Bitcoin. In addition to Bitcoin, Wood is looking at Solana and Ethereum for their role in DeFi projects and smart contracts, which will have plenty of use cases in the future. Featured image from Protos, chart from TradingView

Dogecoin declined heavily below the $0.280 support against the US Dollar. DOGE is now recovering and might face hurdles near $0.270. DOGE price started a fresh decline below the $0.2850 and $0.2650 support levels. The price is trading below the $0.280 level and the 100-hourly simple moving average. There is a major bearish trend line forming with resistance at $0.270 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.250 and $0.270 resistance levels. Dogecoin Price Dives 30% Dogecoin price started a fresh decline from the $0.3250 resistance zone, like Bitcoin and Ethereum. DOGE dipped below the $0.300 and $0.2750 support levels. It even spiked below $0.220. The price declined over 25% and tested the $0.20 zone. A low was formed at $0.20 and the price is now rising. There was a move above the 23.6% Fib retracement level of the downward move from the $0.3416 swing high to the $0.20 low. Dogecoin price is now trading above the $0.280 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.250 level. The first major resistance for the bulls could be near the $0.260 level. The next major resistance is near the $0.270 level or the 50% Fib retracement level of the downward move from the $0.3416 swing high to the $0.20 low. There is also a major bearish trend line forming with resistance at $0.270 on the hourly chart of the DOGE/USD pair. A close above the $0.270 resistance might send the price toward the $0.2880 resistance. Any more gains might send the price toward the $0.30 level. The next major stop for the bulls might be $0.320. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.250 level, it could start another decline. Initial support on the downside is near the $0.2250 level. The next major support is near the $0.2150 level. The main support sits at $0.20. If there is a downside break below the $0.20 support, the price could decline further. In the stated case, the price might decline toward the $0.1880 level or even $0.1650 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.2250 and $0.2150. Major Resistance Levels – $0.2500 and $0.2700.

The Shiba Inu burn rate has experienced a dramatic surge, exploding by an astonishing 7,240% in just one day. This massive surge has led to the removal of over 1.1 billion tokens from circulation, effectively reducing the token’s significant supply. The latest sharp increase in SHIB burns have also caught the attention of the crypto market, bringing focus to the factors driving this substantial surge and its potential impact on the meme coin.  What’s Driving The Surge In Shiba Inu Burn Rate  Shibburn, a token burn tracker, has reported a massive 7,240.75% increase in Shiba Inu burn rate in the past 24 hours. Astonishingly, this substantial token burn led to the permanent removal of approximately 1,104,706,719 SHIB tokens from circulation.  Related Reading: Shiba Inu Burn Rate Sees Major 600% Jump In Only 24 Hours, Will SHIB Price Follow Suit? Notably, the driving force behind this massive SHIB burn was identified to be a single wallet. This anonymous wallet address, ox6d0cf1f…, was responsible for more than 95% of this substantial Shiba Inu burn, sending approximately 1,000,148,675 SHIB tokens to a dead wallet.  Following this, another address initiated a 100,000,000 SHIB burn, contributing to a significant amount of the burn activity. These combined efforts from Shiba Inu enthusiasts and community members have significantly impacted the circulating supply of SHIB, increasing the possibilities of a price surge in the meme coin.  Typically, token burns are executed with the intention to increase scarcity and potentially drive up the value of a token over time. Since its inception in 2020, a total of 410.74 trillion SHIB tokens have been burnt from its initial supply of 999.98 trillion.  Currently, the total supply of this meme coin stands at 589.2 trillion, reflecting a 41% decrease from its original amount. This reduction occurred in less than 5 years, marking a significant milestone for the Shiba Inu ecosystem. If burn rate continues to skyrocket, it could cause further deflation of supply, potentially leading to goals of many Shiba Inu community members, which is to drive the value of the meme coin to over $1.  SHIB Price Dips Seen As Golden Opportunity Despite the increase in Shiba Inu’s burn rate, its price has remained unaffected, even declining by over $8.3% in the past week. The doggy-themed meme coin crashed from its previous high above $0.00002 to $0.0000186 as of writing.  Related Reading: Shiba Inu Price Gearing Up To Fly After Lows, Here’s The Target While Shiba Inu faces this bearish trend, a crypto analyst SHIB Bezos, has highlighted the significant buying opportunities investors could take advantage of during this time. The analyst suggests that at some point, Shiba Inu will become oversold, and sellers will eventually get “exhausted”, leading to a rise in the price of the meme coin. Ahead of this increase, SHIB Bezos urges investors to take advantage of dip opportunities to buy more SHIB tokens at a discount and HODL for a long term growth potential of about 5-10 years. Featured image from Unsplash, chart from Tradingview.com

PEPE bulls are setting their sights on a breakout, but the $0.00001313 resistance level stands as a major obstacle. After a promising recovery attempt and momentum building, buyers must prove their strength to push the price higher.  This key level has already acted as a barrier, and another rejection could shift control back to the bears, potentially triggering a fresh downturn. With upside pressure building, a decisive move above $0.00001313 is set to renew bullish dominance, fueling optimism for further gains.  However, failure to break through might lead to increased selling pressure, putting PEPE at risk of a pullback. As the battle between buyers and sellers intensifies, the coming sessions could be decisive in shaping PEPE’s next big move.  Can Bulls Overcome $0.00001313? Analyzing PEPE Price Action After rebounding strongly from the $0.00001152 support level, PEPE has demonstrated a positive move, surging towards the critical $0.00001313 resistance. This recent price action reflects a solid recovery, with buyers taking charge and driving the price upward despite earlier challenges.  Related Reading: Bulls Falter As PEPE Slide To $0.00001748: Key Support In Focus The push toward $0.00001313 is significant, as it marks a major resistance level where the bulls need to enact strength in order to sustain the momentum. Significantly, this move shows that PEPE is attempting to regain its bullish trend, but breaking through the $0.00001313 resistance is crucial. Additionally, the Relative Strength Index (RSI) reinforces the idea that the meme coin is gaining strength. Recently, the RSI has moved out of the oversold zone, indicating that the intense selling pressure has begun to subside. As it progresses toward the 50% threshold, it suggests a shift toward a more balanced market where buyers are starting to take control. The 50% level is often seen as a critical point in technical analysis, marking the line between a neutral and a bullish trend. PEPE’s movement toward this level implies it might be on the verge of entering a bullish phase, where extended upward momentum is possible.  If the RSI breaks above 50%, it will further validate the strength of the recovery, allowing bulls to regain confidence. However, if the RSI stalls or dips back below 50%, it may imply that the momentum is not yet strong enough to sustain a breakout. Positive Vs. Negative Pressure At the critical $0.00001313 resistance level, PEPE is at a crossroads between bullish momentum and bearish pressure. Bulls have pushed the price higher, but this key resistance has proven difficult to overcome.  Related Reading: PEPE Midterm Price Prediction: Is A 326% Rally To $0.00003474 Possible From Here? Should the bulls breakthrough, it could signal the start of a new rally, causing the asset to challenge the $0.00001731 resistance level. Nonetheless, if bearish pressure prevails, PEPE may face a pullback toward the previous support of $0.00001152. The outcome of this battle will determine whether the meme coin can continue its recovery or if the bears will regain control. Featured image from Shutterstock, chart from Tradingview.com

The crypto market is back up again after a recent decline like clockwork, and prices are starting to push up once more. Interestingly, this renewed momentum has seen Dogecoin open interest flipping from a negative threshold into a positive one. As the meme coin’s price gains traction, traders are once again pouring into derivatives markets, pushing the total open interest above $4 billion. Dogecoin Open Interest Surges With Market Revival According to data from Coinglass, Dogecoin’s total open interest has climbed back above the $4 billion mark, indicating a resurgence in trading activity. This comes after the Dogecoin price rebounded on the $0.31 multi-year support again and started its move upwards again. Related Reading: Dogecoin Open Interest Explodes Ahead Of Donald Trump Inauguration, Traders Bet On $1 Interestingly, data from Coinglass show that the Dogecoin open interest has increased by 3.11% and 2.09% in the past 24 hours and 4 hours, respectively. This shift suggests that traders are once again looking at Dogecoin as a promising asset for leveraged plays, betting on further price movements. The most notable DOGE open interest is on the Gate.io exchange, which has seen an increase of 5.14% in the past 24 hours. This brings its total open interest to $1.64 billion, accounting for 41% of the total rate. Bitget and BingX have also witnessed notable uptrends, with the Dogecoin open interest growing by 6.41% and 6.67%, respectively, in the past 24 hours. Binance, on the other hand, is yet to flip into positive open interest change. The world’s largest crypto exchange is still on a -0.13% open interest rate in the past 24 hours but is also on the verge of a positive rate with a +1.41% increase in the last four hours. Increased Leverage Could Lead To More Price Volatility A rise in open interest means that more traders are opening leveraged positions, which could amplify price swings in either direction. Interestingly, Dogecoin often experiences strong price movements during periods of increase in open interest. This latest increase alone means that there is an increase in market participation in Dogecoin. Related Reading: Dogecoin Weekly RSI Approaches The MA Line, Can Price Resume Uptrend To Break $0.74 ATH? If bullish sentiment continues, this market participation may drive the Dogecoin price further upward within the $0.30 to $0.4 range in the short term. However, it also raises the possibility of more liquidations if Dogecoin were to retest support at $0.31 again. At the time of writing, Dogecoin is trading at $0.3316, marking a 7% gain since bouncing off its multi-week support at $0.31. The next step for the meme coin is breaking above a recently developed daily candlestick resistance at $0.3316, which could then pave the way for further upside momentum if sustained buying pressure continues. Featured image from iStock, chart from Tradingview.com

Dogecoin found support at $0.3050 and recovered some losses against the US Dollar. DOGE is now rising and might aim for more gains above $0.350. DOGE price started a decent increase above the $0.315 and $0.320 levels. The price is trading near the $0.3320 level and the 100-hourly simple moving average. There was a break above a major bearish trend line with resistance at $0.330 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.340 and $0.3480 resistance levels. Dogecoin Price Aims Higher Dogecoin price started a fresh decline from the $0.3850 resistance zone, unlike Bitcoin and Ethereum. DOGE dipped below the $0.3500 and $0.3350 support levels. It even spiked below $0.320. A low was formed at $0.3052 and the price is now rising above the 50% Fib retracement level of the downward move from the $0.3599 swing high to the $0.3052 low. There was a break above a major bearish trend line with resistance at $0.330 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading above the $0.330 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.3390 level and 61.8% Fib retracement level of the downward move from the $0.3599 swing high to the $0.3052 low. The first major resistance for the bulls could be near the $0.3480 level. The next major resistance is near the $0.3550 level. A close above the $0.3550 resistance might send the price toward the $0.3660 resistance. Any more gains might send the price toward the $0.3880 level. The next major stop for the bulls might be $0.40. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.340 level, it could start another decline. Initial support on the downside is near the $0.3250 level. The next major support is near the $0.3150 level. The main support sits at $0.3150. If there is a downside break below the $0.3150 support, the price could decline further. In the stated case, the price might decline toward the $0.3020 level or even $0.300 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.3250 and $0.3150. Major Resistance Levels – $0.3400 and $0.3480.

Dogecoin has managed to sustain a relatively positive position towards the end of January despite the intense volatility throughout the month. With January almost over and the Dogecoin price closing the month on a positive note, the next outlook is what lies ahead for the meme coin and whether Dogecoin investors can see a similar price trend in February.  Dogecoin Price Performance In January Dogecoin’s price movement in January was full of intense volatility. The meme coin opened the month trading around the $0.315 price level, having declined in the latter half of December. Interestingly, this opening price proved to be an important support level throughout the month, with Dogecoin repeatedly testing and bouncing off it in response to market fluctuations. Related Reading: Dogecoin Price To Breakout To $1.4? Analyst Reveals Critical Levels To Watch For A Pump Or Crash In terms of performance, Dogecoin’s price swings in January mirrored the turbulence seen across the crypto market, with significant manipulation playing a role in its trajectory. After starting the month at approximately $0.315, the meme coin trended upwards for the first seven days, in line with Bitcoin’s resurgence above the $100,000 price level. This first upward movement saw the Dogecoin price reach $0.39 on January 7. However, it was short-lived, as the intense volatility mentioned above saw those gains erased within 48 hours. Following a rejection near $0.4, Dogecoin fell by about 19% in two days before eventually bouncing off support at $0.31. Interestingly, Dogecoin would come to retest this level two times within the next five days.  The second retest of this support zone led to a strong 40% rally that pushed DOGE above the $0.40 resistance level again after multiple attempts. This upward momentum peaked with Dogecoin reaching $0.4313 on January 18. However, this price high was met with another rejection, leading to a fresh downtrend. Dogecoin and many other cryptocurrencies witnessed a surge of outflows in capital rotation as many investors FOMOed on Donald Trump’s meme coin, launched on January 17. Despite this huge setback, Dogecoin once again found support at the $0.315 level, reinforcing its importance as a solid price floor. What To Expect In February: Sustaining Momentum Or Facing A Reversal? The euphoria surrounding Donald Trump’s election and meme coin has ended, the market seems to be cooling down, and Dogecoin has begun a gradual recovery above $0.31. As January draws to a close, the interest is on February to see if the memecoin can maintain its current momentum during the month or undergo another volatile movement within a range. Related Reading: Crypto Analyst Predicts When Dogecoin Price Will Hit $3 This Cycle At the time of writing, DOGE is trading at $0.33, up by about 4.25% from its January open. According to historical price data from CryptoRank, the Dogecoin price has trended downwards in February more often than not. However, February 2024 proved to be a positive month for the meme coin, as it closed the month on a 50% gain from its open. A similar performance would see Dogecoin closing February around $0.5 if it were to close January at its current price.  According to a crypto analyst, current market dynamics suggest DOGE will soon undergo a strong pump above the $0.4 price level. However, the most important thing right now would be for Dogecoin to hold above $0.315 and $0.3. Failure to hold above these levels could erase bullish momentum. Featured image from Unsplash, chart from Tradingview.com

Despite the recent Dogecoin pullback, crypto analyst Javon Marks has provided a bullish outlook for the foremost meme coin. According to m, DOGE’s price is gearing up for a move that could send it above $2.  Dogecoin Gears Up For 600% Run Above $2 In an X post, Javon Marks predicted that Dogecoin could record a 600% price rally and surge above $2. This came as he provided some optimism despite the recent pullback, with DOGE dropping to as low as $0.30. He stated that the price action is “refreshing” because prices still look on track for another great bullish performance.  Related Reading: Crypto Analyst Predicts When Dogecoin Price Will Hit $3 This Cycle Marks added that history suggests that another run of 600% or more could happen, sending the Dogecoin price above $2.28. In line with this, he remarked that the next wave can be historical. The analyst had previously alluded to DOGE’s historical performance when he predicted that the meme coin could rally above the 1.618 Fib extension, which is currently at $2.2.  Crypto analyst Trader Tardigrade also recently alluded to Dogecoin’s historical performance when he predicted its price could rally to as high as $20 in this market cycle. The analyst noted that Dogecoin experienced bull rallies after surpassing the previous candle body high in 20217 and 2021, with gains of 3,000% and 8,000%, respectively. Therefore, he remarked that DOGE could reach this $20 target if a similar pattern plays out again.  However, in the short term, the Dogecoin price could still drop to as low as $0.26 before it records any parabolic rally to the upside. This is based on crypto analyst Behdark’s DOGE analysis, in which he explained that the drop to $0.26 is part of the C wave corrective move. Once the price correction is done, the analyst predicted that the meme coin could rebound to $0.50.  DOGE Failed To Touch The Trendline During The Recent Drop Crypto analyst Master Kenobi noted that the Dogecoin price failed to touch a trendline he highlighted on the charts during this latest drop. In line with this, he questioned if it meant that DOGE could still witness more pullbacks or a bullish reversal from its current price level. While he didn’t provide an answer, the analyst alluded to an earlier analysis, in which he predicted that DOGE could record a 3x price increase and reach $1.05 between February and March.  Related Reading: Dogecoin Traders Remain Extremely Bullish Despite Price Crash, Here Are The Numbers Meanwhile, Dogecoin’s price action might have shifted from bearish to bullish following this recent pullback. In an X post, Trader Tardigrade stated that DOGE’s MACD bullish crossover was approaching on the 4-hour chart. He explained that this signals a short-term momentum shift for DOGE from bearish to bullish.  At the time of writing, Dogecoin is trading at around $0.32, down over 8% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

Dogecoin started a downside correction from the $0.400 zone against the US Dollar. DOGE is now consolidating and might attempt a fresh increase if it stays above $0.3350. DOGE price started a fresh decline below $0.3880 and $0.3650. The price is trading below the $0.3550 level and the 100-hourly simple moving average. There is a major bearish trend line forming with resistance at $0.3520 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.3520 and $0.3550 resistance levels. Dogecoin Price Dips To Support Dogecoin price started a fresh decline from the $0.400 resistance zone, unlike Bitcoin and Ethereum. DOGE dipped below the $0.3800 and $0.3650 support levels. It even spiked below $0.350. A low was formed at $0.3416 and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $0.4014 swing high to the $0.3416 low. There is also a major bearish trend line forming with resistance at $0.3520 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.3550 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.3520 level and the trend line. The first major resistance for the bulls could be near the $0.3550 level. The next major resistance is near the $0.3720 level or the 50%  Fib retracement level of the downward move from the $0.4014 swing high to the $0.3416 low. A close above the $0.3720 resistance might send the price toward the $0.3860 resistance. Any more gains might send the price toward the $0.40 level. The next major stop for the bulls might be $0.420. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.3550 level, it could start another decline. Initial support on the downside is near the $0.3420 level. The next major support is near the $0.3380 level. The main support sits at $0.3250. If there is a downside break below the $0.3250 support, the price could decline further. In the stated case, the price might decline toward the $0.3020 level or even $0.300 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.3400 and $0.3380. Major Resistance Levels – $0.3550 and $0.3720.

Recent developments suggest that crypto investors looking to catch the next quick 5x should be keeping an eye on the Dogecoin price. This is based on both technical and fundamental analysis, which proves that DOGE could record a 500% price surge from its current level.  Analyst Predicts 500% Surge For The Dogecoin Price In an X post, crypto analyst Javon Marks predicted a 500% surge for the Dogecoin price, representing a 5x increase from its current level. The analyst explained that Dogecoin is back showing strength, and by its historical performance, DOGE can be set for an over 432% gain at the least from its current level. Related Reading: Dogecoin ETF Filing Takes Market By Storm, Can Positive Sentiment Trigger 200% Rise To $1 ATH? Javon Marks further remarked that the Dogecoin price could rally above the 1.618 Fib extension, which is currently at $2.2. In line with this, the analyst added that market participants could still be early, considering that DOGE could witness a 5x price increase from its current level. Crypto analyst Trader Tardigrade also recently predicted that the Dogecoin price could rally above $2. In an X post, the analyst stated that the meme coin had formed a bull flag on the 2-day chart. According to the analyst, this DOGE bull flag pattern puts a target of over $2 for the foremost meme coin.  The crypto analyst had previously predicted that the DOGE price could even rally as high as $8 if it mirrors the 2017 bull run. He added that DOGE could also reach $30 if it mirrors the 2021 bull run. These projections further prove that the foremost meme coin could at least record a 500% price surge from its current level. Crypto analyst Master Kenobi has also previously predicted that Dogecoin could rally to $2 in this cycle and top around $3.  Bullish Fundamentals Also Support A 5x Increase For DOGE The Dogecoin price also boasts bullish fundamentals, which support a 5x increase from its current level. One of the fundamentals includes the potential launch of a Dogecoin exchange-traded fund (ETF) in the US. Asset manager Bitwise recently filed for a Dogecoin ETF in Delaware, indicating that an application with the US Securities and Exchange Commission (SEC) may be next. Related Reading: Dogecoin ‘Power Of 3’ Pattern Enters Distribution Phase: Massive Bull Run Incoming? Asset manager REX Shares, in collaboration with Osprey, already filed with the SEC to offer a Dogecoin ETF. This is bullish for the Dogecoin price, considering the amount of institutional funds that could flow into the DOGE ecosystem if the SEC approves these funds. There is also a huge likelihood that the SEC will approve these funds, considering the pro-crypto climate under Donald Trump’s administration.  It is also worth mentioning that there has been a huge accumulation trend among DOGE whales, which is also bullish for the Dogecoin price. IntoTheBlock data shows there has been a 41% spike in the meme coin’s large transactions, with $23.35 billion traded in the last 24 hours. Another bullish fundamental is Elon Musk’s Department of Government Efficiency (DOGE), which puts the foremost meme coin in the limelight.  At the time of writing, the DOGE price is trading at around $0.35, down almost 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

The Dogecoin price is at a critical juncture as a crypto analyst has pinpointed key price levels that could dictate its next significant move upwards. With the number one meme coin currently trading above $0.34, the analyst predicts a breakout to $1.4 if bullish conditions stay favorable and a price crash to new lows if Dogecoin fails to reach a critical level.  Dogecoin Price: Will It Pump Or Crash? According to a TradingView crypto analyst known as ‘Mindbloome-Trading,’ the Dogecoin price is on the verge of an exponential pump that will push its value above the coveted $1 mark. The crypto expert presented a video chart analysis, highlighting $0.46 as a crucial resistance level for Dogecoin. This price point aligns with the 0.382 Fibonacci level, which is often a significant barrier in technical analysis. Related Reading: Machine Learning Algorithm Predicts Dogecoin Price From January To December 2025 The TradingView market expert has suggested that if Dogecoin surpasses the $0.46 resistance level, it could ignite a rally that propels the meme coin to its next bullish target at $1.4. Such a move would likely be driven by increased demand and buying pressure from investors.  Conversely, the analyst shared a bearish outlook for Dogecoin. He indicated that if Dogecoin fails to maintain the support level at $0.3, the meme coin could be at risk of a severe decline. He predicts a DOGE price crash to a lower support level at $0.23, achieving new price lows not seen since 2024.  Falling back to the $0.23 level could send bearish signals to the market, potentially leading to increased selling pressure and more declines. The analyst has revealed that Dogecoin is currently in a support phase, and its next price movements could determine the direction of its future value.  While the TradingView crypto expert shares his bullish and bearish price forecast for Dogecoin, his detailed video chart shows Dogecoin’s price movements from 2020 to 2024, highlighting key peaks and troughs that indicate past volatility. The chart also pinpoints key support and resistance zones using Fibonacci extension and retracement levels to predict the meme coin’s next price level.  What’s Driving Dogecoin’s Current Trend?  The Dogecoin price is currently experiencing severe downside momentum despite multiple bullish forecasts suggesting an imminent rally. The major factors driving Dogecoin’s bullish sentiment in the crypto market are the recent inauguration of Donald Trump as the new President of the United States (US) and the influence of SpaceX and Tesla CEO Elon Musk, who has established the new Department of Government Efficiency (D.O.G.E) unit.  Related Reading: Can The Dogecoin Price Rally For 3 Months Straight? 2021 Bull Market Performance Says Yes Despite expectations of a bull run, Dogecoin has declined by 9.64% in one day to trade at $0.34, according to CoinMarketCap. Nevertheless, analysts on the popular X social media platform remain bullish, forecasting significant price increases in the future.  One notable prediction by crypto analyst and Dogecoin supporter David Butler suggests that the popular meme coin could rally by 100X to reach $34. While this projection may seem rather ambitious, the analyst is confident that a price increase to this level is inevitable. Featured image from Unsplash, chart from Tradingview.com

Dogecoin price action has entered a critical phase as technical indicators, particularly the Relative Strength Index (RSI), point to a continuation of bearish momentum. Following a consistent downtrend, the RSI has dipped below the neutral 50% level, signaling increasing selling pressure and waning bullish interest. This shift in momentum puts the $0.3 support level in the spotlight, a crucial price floor that could determine Dogecoin’s near-term trajectory. With market conditions showing limited upside potential, traders are focusing on whether DOGE can maintain its ground at $0.3 or if the bearish momentum will push it lower. This juncture marks a decisive moment, where the interplay of technical indicators and price action will reveal the strength or fragility of Dogecoin’s market structure. Dogecoin Bearish Outlook In Focus Market sentiment has taken a bearish turn for Dogecoin, with recent price action reflecting growing pressure from sellers. The shift in outlook is underscored by the cryptocurrency’s struggle to maintain higher price levels, accompanied by technical indicators such as the RSI trending lower toward oversold territory. This decline signals weakening buying momentum, leaving DOGE vulnerable to further downside movement. Related Reading: Dogecoin (DOGE) Dips: A Pause Before The Next Meme-Coin Rally? Dogecoin’s recent drop below the 4-hour Simple Moving Average (SMA) has reinforced the bearish outlook, indicating a possible continuation of downward momentum. The failure to hold above this key indicator suggests that selling pressure is gaining strength, pushing the price toward the $0.3 support level. Furthermore, the $0.3 support level now stands as a critical threshold for the market, with a break below potentially triggering additional price losses to test even lower support levels. However, if bulls can defend this level, it could set the stage for a consolidation phase or a recovery attempt.  As the market navigates this uncertain terrain, it is advisable to watch out for any signs of reversal or stabilization at these levels to assess whether the meme coin can recover from this bearish phase. Navigating Volatility: What Traders Should Watch Next Since Dogecoin continues to experience significant volatility, the $0.3 support level stands as a crucial point to monitor. If the price reaches this level and fails to hold, a break below it might set the stage for more declines. Related Reading: Dogecoin Trades Within Multi-Year Ascending Channel – Expert Sets $15 Price Target After that, the next key support zone lies at $0.26, where a sustained downturn could find additional momentum. Should the selling pressure persist, DOGE would probably see a deeper correction, testing even lower levels.  However, a firm hold of the $0.3 support will act as a foundation for a possible rebound. A successful defense of this level might signal a shift in market sentiment, with buyers stepping in to push the price higher, paving the way for a recovery toward the $0.4 mark and beyond. Featured image from Unsplash, chart from Tradingview.com

Dogecoin started a downside correction from the $0.4050 zone against the US Dollar. DOGE is now consolidating and might attempt a fresh increase if it clears the $0.3680 resistance. DOGE price started a fresh decline below $0.4050 and $0.380. The price is trading below the $0.3750 level and the 100-hourly simple moving average. There is a major bearish trend line forming with resistance at $0.3650 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.3650 and $0.3680 resistance levels. Dogecoin Price Dips To Support Dogecoin price started a fresh decline from the $0.4050 resistance zone, unlike Bitcoin and Ethereum. DOGE dipped below the $0.400 and $0.380 support levels. It even spiked below $0.350. A low was formed at $0.3380 and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $0.3860 swing high to the $0.3380 low. There is also a major bearish trend line forming with resistance at $0.3650 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.3750 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.3650 level and the trend line. The first major resistance for the bulls could be near the $0.3680 level or the 61.8% Fib retracement level of the downward move from the $0.3860 swing high to the $0.3380 low. The next major resistance is near the $0.3750 level. A close above the $0.3750 resistance might send the price toward the $0.3860 resistance. Any more gains might send the price toward the $0.40 level. The next major stop for the bulls might be $0.420. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.3750 level, it could start another decline. Initial support on the downside is near the $0.340 level. The next major support is near the $0.3380 level. The main support sits at $0.3250. If there is a downside break below the $0.3250 support, the price could decline further. In the stated case, the price might decline toward the $0.3020 level or even $0.300 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.3380 and $0.3250. Major Resistance Levels – $0.3650 and $0.3750.

BONK, the vibrant meme coin, is encountering a price correction after a strong bullish run, raising questions about the future of its uptrend. While natural after a surge, the pullback has prompted speculation on whether bulls can regain control and steer the coin back toward its recent highs. Despite the dip, BONK still shows signs of resilience, with key support levels holding firm. A rebound from these zones could reignite buying interest and set the stage for another rally. However, a failure to hold these critical levels might signal a deeper correction, giving bears the upper hand. The next move for BONK will depend on the balance of market sentiment and technical factors. If bulls return with enough momentum, the coin could quickly recover, solidifying its position in the meme coin space. For now, the market watches closely to see if this correction is a mere pause or the beginning of a longer downturn. BONK Bullish Run Stalls: What Led To The Pullback? BONK’s bullish run has hit a roadblock, with the price experiencing a temporary pullback after an impressive rally. This slowdown appears to stem from profit-taking by early investors, coupled with increased selling pressure near key resistance levels. Additionally, a lack of fresh buying pressure has contributed to the stall as traders await clearer signals for the next move. Related Reading: BONK Price Ready To Surge 1,105% From Here? Analyst Reveals Key Levels To Watch External market factors such as broader cryptocurrency trends and shifts in risk appetite may also have played a role in the dip. Despite the setback, BONK remains within a healthy correction phase, and its ability to hold key support levels will be crucial for determining whether the bulls can regain control and revive the uptrend. Technical indicators suggest that BONK’s momentum is cooling after its recent bullish run. The Relative Strength Index (RSI) shows a decline from overbought levels, signaling a decrease in buying pressure. This cooling phase indicates that the rally may be losing steam as bulls struggle to maintain the uptrend. However, this doesn’t necessarily signal a bearish reversal; instead, it could reflect a natural pause or consolidation before the next major move. Traders should monitor these indicators closely to assess whether the meme coin is poised for recovery or a deeper correction. Potential Rebound Zones For Price Recovery As BONK undergoes a price correction, potential rebound zones are emerging that might serve as key areas for recovery. The $0.000002962 is the first critical level to watch since a bounce here could trigger renewed buying interest. If this level holds, it may pave the way for the token to retest resistance levels near $0.000004002. Related Reading: BONK Finds Stability At $0.00004002, Can Bulls Spark A Comeback? Another possible rebound area lies around the $0.000002320 mark, a stronger support zone from past trading activity. A recovery from this level would suggest sustained confidence among bulls, setting the stage for a broader upward move. Featured image from Shutterstock, chart from Tradingview.com

Dogecoin is charging ahead as bullish momentum builds, propelling the price closer to the critical $0.4 resistance level. This surge marks a significant turn in sentiment, with buyers stepping up to reclaim control and drive the cryptocurrency higher. The $0.4 mark is more than just a psychological barrier, it’s a key resistance that could determine whether DOGE continues its climb or pauses for consolidation. As Dogecoin builds steam, can the bulls maintain control and break through this key barrier? The outcome of this move will play a decisive role in shaping the next phase of its price action, making this an exciting moment for the market. At the time of writing, DOGE has risen by over 7%, trading at $0.39. Recent Performance: A Closer Look At Dogecoin Dogecoin’s recent performance has showcased a remarkable recovery, with the cryptocurrency regaining strength and heading toward the critical $0.4 resistance level. After a period of consolidation, the meme coin has exhibited strong buying pressure, signaling renewed investor confidence and a potential shift in market dynamics. Related Reading: Dogecoin (DOGE) Finds Its Footing: Bulls Regain Traction Key technical indicators, such as the Relative Strength Index (RSI), reflect this resurgence, showing positive trends that align with the upward movement. Additionally, DOGE’s ability to reclaim its position above significant moving averages such as the 4-hour SMA, further supports its upside trajectory. This rally has captured traders’ attention and reignited discussions about Dogecoin’s potential to test higher resistance levels. However, the $0.4 mark remains a significant hurdle, and the next outcome will likely define the cryptocurrency’s short-term direction. As momentum builds, traders and investors are closely watching for signals of sustained strength or signs of a possible pullback. Potential Scenarios: Breakout vs. Rejection At $0.4 The $0.4 resistance level represents a crucial turning point for Dogecoin’s recent upbeat momentum. Two primary scenarios could unfold at this level: a breakout or a rejection. Related Reading: Massive Dogecoin Rally Incoming? Experts Point To Over 1,000% Upside If Dogecoin successfully breaches the $0.4 resistance, it might trigger a fresh wave of buying interest, driving the price toward higher targets like $0.48 or even $0.59. A breakout would solidify bullish dominance and attract traders, fueling the rally.  In this scenario, $0.4 may transition from a resistance level to a strong support zone, laying the groundwork for sustained upward movement. On the other hand, failure to break through $0.4 might result in a rejection, causing Dogecoin to retrace toward lower support levels such as $0.35 and $0.3.  Furthermore, the failure could indicate a pause in bullish momentum, with sellers asserting greater control near the resistance zone. While a rejection may cause short-term price weakness, it doesn’t necessarily mean the end of the rally. Instead, it will pave the way for consolidation and a stronger base for future attempts at breaking $0.4. Featured image from Unsplash, chart from Tradingview.com

Dogecoin started a fresh increase above the $0.350 zone against the US Dollar. DOGE is now consolidating and might climb further if it clears the $0.3650 resistance. DOGE price started a fresh increase above $0.3420 and $0.350. The price is trading above the $0.350 level and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $0.3350 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to rise if it clears the $0.3650 and $0.3720 resistance levels. Dogecoin Price Rises Steadily Dogecoin price started a fresh increase after it cleared the $0.320 resistance zone, like Bitcoin and Ethereum. DOGE was able to clear the $0.3420 and $0.350 resistance levels. Besides, there was a break above a connecting bearish trend line with resistance at $0.3350 on the hourly chart of the DOGE/USD pair. The pair surpassed the 76.4% Fib retracement level of the downward move from the $0.3478 swing high to the $0.3096 low. Dogecoin price is now trading above the $0.350 level and the 100-hourly simple moving average. It is also above the 1.236 Fib extension level of the downward move from the $0.3478 swing high to the $0.3096 low. Immediate resistance on the upside is near the $0.3650 level. The first major resistance for the bulls could be near the $0.3720 level. The next major resistance is near the $0.380 level. A close above the $0.380 resistance might send the price toward the $0.3920 resistance. Any more gains might send the price toward the $0.40 level. The next major stop for the bulls might be $0.420. Another Decline In DOGE? If DOGE’s price fails to climb above the $0.3650 level, it could start another decline. Initial support on the downside is near the $0.3550 level. The next major support is near the $0.3460 level. The main support sits at $0.3380. If there is a downside break below the $0.3380 support, the price could decline further. In the stated case, the price might decline toward the $0.3120 level or even $0.3080 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.3550 and $0.3460. Major Resistance Levels – $0.3650 and $0.3800.

Mancano solo pochi giorni all’insediamento del nuovo presidente degli Stati Uniti, Donald Trump, e l’attesa cresce tra gli investitori. Il suo imminente ingresso alla Casa Bianca, accompagnato da un’amministrazione composta da sostenitori e difensori del settore crypto, sta alimentando forti aspettative. Nonostante la recente correzione del mercato, in seguito alla pubblicazione dei dati economici positivi provenienti dagli Stati Uniti, molti esperti sono convinti che stiamo per entrare in una nuova era. Un’era che potrebbe segnare l’inizio di una delle fasi più promettenti per il settore crypto. Con l’arrivo della nuova amministrazione, diversi asset digitali potrebbero beneficiare di un contesto normativo più favorevole. Solaxy: Il ponte tra Solana ed Ethereum per una DeFi più accessibile Un progetto attualmente in fase di prevendita da tenere d’occhio è Solaxy. Si tratta della prima soluzione di layer 2 costruita sulla blockchain di Solana, pensata per affrontare il sovraccarico del suo network. Solana è una delle blockchain più popolari, ma continua a fare i conti con una sfida crescente: la scalabilità. Nei momenti di picco, infatti, le transazioni rallentano, le fees aumentano e molte operazioni rischiano di non andare a buon fine. Il layer 2 di Solaxy promette di gestire una parte del carico di lavoro su una chain separata, rendendo tutto più economico, veloce e fluido. La piattaforma svilupperà un’architettura appositamente progettata per ridurre al minimo i fallimenti delle transazioni, indirizzando parte del carico della mainnet verso questa piattaforma offchain. Solaxy non solo ottimizza l’efficienza di Solana, ma la prepara anche a un futuro ancora più promettente, aprendo la strada a nuove adozioni e casi d’uso. Nel 2024, Solana è stata la blockchain di riferimento per il lancio di nuove meme coin e l’adozione dell’intelligenza artificiale; quest’anno, i prossimi progetti di punta potrebbero debuttare direttamente sul layer 2 Solaxy. Grazie alla sua natura multi-chain, Solaxy sfrutta al meglio le potenzialità di Solana ed Ethereum, creando un ponte tra le due blockchain. Un approccio che offre agli utenti una maggiore liquidità e un accesso più semplice alle piattaforme DeFi. Inoltre rende Solaxy una scelta ideale per chi opera nel settore crypto. Il progetto sta suscitando un grande interesse e, come già accennato, si trova ancora in fase di prevendita. Finora ha raccolto oltre 10 milioni di dollari. Wall Street Pepe raccoglie oltre 47 milioni di dollari nella prevendita Un altro progetto in prevendita che sta suscitando grande interesse è Wall Street Pepe. In sole sei settimane, la prevendita ha raccolto ben 47,8 milioni di dollari e, se continuerà con questo ritmo, potrebbe superare i 50 milioni di dollari nei prossimi giorni. Il progetto riprende il tema della rana da Pepe Coin, ma non si tratta di una semplice meme coin. Wall Street Pepe sta costruendo una vasta community esclusiva e dinamica per i titolari di WEPE, chiamata $WEPE Army. I membri della community avranno accesso a strategie di trading avanzate e segnali alfa, nonché a strumenti esclusivi per navigare nel mercato crypto. Non solo, gli utenti potranno anche condividere preziosi consigli per superare le manovre delle balene e avere un vantaggio nel mercato. Inoltre, ogni settimana ci saranno gare entusiasmanti, offrendo agli investitori opportunità uniche per testare le proprie abilità. Grazie a strumenti di trading all’avanguardia e a eventi settimanali, i membri avranno l’opportunità di crescere come trader e ottenere un vantaggio competitivo nel mercato crypto. Meme Index (MEMEX) raccoglie 2,5 milioni di dollari   L’ultimo progetto in prevendita della lista è Meme Index (MEMEX). Basato sulla blockchain di Ethereum, si propone come una piattaforma unica che offre agli investitori la possibilità di diversificare i propri investimenti nel segmento in rapida crescita delle meme coin. Meme Index si distingue per il suo sistema di indici diversificati, che permette agli utenti di scegliere tra diverse opzioni di rischio, garantendo un’esposizione mirata alle meme coin con la possibilità di adattare il livello di rischio alle proprie preferenze. La piattaforma offre quattro indici distinti, ognuno dei quali raggruppa meme coin con caratteristiche e volatilità differenti: Titan Index, Moonshot Index, Midcap Index e Frenzy Index. Titan Index include anche le meme coin più popolari come Dogecoin, Shiba Inu e Pepe Coin . Un altro aspetto che distingue Meme Index da altre piattaforme è la possibilità per i titolati del token $MEMEX di partecipare attivamente alla governance del progetto. Invece di essere semplici investitori, i suoi titolari hanno il potere di proporre nuove meme coin da inserire negli indici e votare su quali token dovrebbero essere rimossi, oltre che contribuire al miglioramento della piattaforma. Inoltre, Meme Index offre opportunità di staking per i titolati del token nativo. Durante la fase di prevendita e successivamente, gli utenti possono mettere in staking i propri token $MEMEX per ottenere un ritorno percentuale annuo (APY).            

Despite the heightened volatility in the market, Dogecoin has shown robust resilience and is holding strong at crucial support levels. Given its capacity to sustain key support levels, many crypto analysts believe that the dog-themed meme coin still has the potential to surge massively within the year. Next Massive Breakout For Dogecoin In 2025 As […]