The sentiment across the cryptocurrency landscape appears confusing due to huge price fluctuations. Amid this, Dogecoin (DOGE) the popular and the world’s largest crypto meme coin formed a bullish price action pattern and is poised for massive upside momentum. Dogecoin (DOGE) Technical Analysis and Upcoming Levels According to expert technical analysis, DOGE has formed a …
Amid the ongoing mild crypto recovery led by Bitcoin (BTC), the BNB ecosystem has recorded significant growth in on-chain transactions catalyzed by memecoin trading led by the recently launched Mubarak (MUBARAK). The notable support of the MUBARAK memecoin by the BNB community – led by Biannce co-founder Changpeng Zhao (CZ) – has helped maintain bullish …
Shiba Inu’s price action in the past 24 hours has been characterized by a brief recovery after hitting a low of $0.00001237. This 24-hour price recovery is part of a 15% recovery after Shiba Inu reached a low of $0.00001102 on March 11, which is its lowest point in over a year. In spite of the modest increase in price, a slowdown in a key Shiba Inu metric might threaten this price recovery that’s just beginning. This threat is revealed in the Shiba Inu burn rate, which has taken a massive 99.44% nosedive in the past 24 hours. Related Reading: 200 Million XRP On The Move—Is Ripple Preparing For A Big Play? Shiba Inu Burn Rate Plummets 99% In A Day Shiba Inu’s burn mechanism has long been considered a vital factor in its tokenomics, reducing the supply to create scarcity and, in turn, drive up value. However, in the last 24 hours, on-chain data shows that SHIB’s burn rate has dropped by an alarming 99.44%, which is a sharp change to the relatively high burn numbers recorded in previous days. According to data from the Shiba Inu burn tracker Shibburn, a total of 2,811,819 SHIB tokens have been sent to burn addresses in the past 24 hours. Although this might look like a lot of tokens at first glance, it actually falls short of the volume required to make an impact in the current market conditions. It also marks a 99.44% decline from the over 500 million SHIB tokens burned in the previous 24-hour timeframe. Shiba Inu Burn Crash Could Spell Trouble With Weak Market Sentiment The burn rate’s volatility has often coincided with fluctuations in trading volume and overall market sentiment, and this latest crash raises doubts about whether investors are still committed to the long-term burn initiative. The idea behind the Shiba Inu burn process, where SHIB tokens are sent to any of three dead wallets, is that the available supply diminishes by continuously removing SHIB tokens from circulation. This, in turn, makes the remaining tokens more valuable and helps prevent further price declines during market crashes. Related Reading: TRUMP Token Takedown—Did Insiders Plan The Crash? At the time of writing, Shiba Inu is trading at $0.00001285, up by about 3% in the past 24 hours. A resurgence in the burn rate would be an important factor for Shiba Inu to maintain its recent gains and push for further recovery. A consistent and substantial burn rate would contribute to the notion that Shiba Inu has already established a local bottom at $0.00001102 and pave the way for a stronger uptrend. On the other hand, if the burn rate continues to decline over the next 24 hours, it could weaken this recovery effort and increase the likelihood of a retracement back toward its March 11 low. Featured image from Gemini Imagen, chart from TradingView
After months of struggle in gathering momentum, Dogecoin (DOGE) might be about to undergo a dramatic price reversal. Monitoring the movements of the meme coin, analysts believe it has hit a turning point and might thus launch a quick comeback. The question at hand is whether Dogecoin can seize this opportunity and emerge from its decline, as key indicators are currently displaying bullish signals. Related Reading: Bitcoin And S&P Decline Together, But Data Predicts A Turnaround Analysts Spot Signs Of A Bottom Some analysts contend that Dogecoin has already reached its lowest price point, which could potentially lead to a rebound. A prominent crypto analyst, Trader Tardigrade, has observed that DOGE has been adhering to a long-term price channel. The overall pattern indicates that a bottom has likely formed, despite the fact that it has momentarily moved outside the channel’s boundary. #Dogecoin has been following this Macro Channel since its inception ???? Deviations have occurred at the channel’s edges historically. If $Doge remains within the channel without deviation this time, it has already reached the bottom ???? pic.twitter.com/fzDDW4HDqe — Trader Tardigrade (@TATrader_Alan) March 13, 2025 Other analysts noted that the TD Sequential indicator, which is used to predict trend reversals, has sent out a buy signal on Dogecoin’s daily chart. This indication has historically been linked to price gains, suggesting that DOGE might be about to enter an upward trend. Crucial Levels To Keep An Eye On Support and resistance levels will be critical in determining Dogecoin’s next moves. At the moment, the $0.16 level is showing signs that a support will emerge. Market observers believe that if the meme coin can keep a solid footing on this level, it could muster enough steam to rally toward much higher price targets. Under ideal conditions, some predictions suggest that Dogecoin may reach $2.74. Compared to its current state, this would represent a significant price hike. However, DOGE needs to surpass a number of resistance zones, including the $0.30 and $0.50 marks, before this can happen. Uptick In Market Activity Encourages Optimism Another element that is giving Dogecoin a good ounce of lift is the elevated market activity of the meme crypto. For instance, in a 24-hour span, the number of active wallets on the network jumped 270% and totaled 264,000 overall. Usually, an increase in this department indicates rising enthusiasm among consumers and investors. Meanwhile, significant investors, referred to as “whales,” have been acquiring DOGE at an accelerated rate. Whales accumulated 1.7 billion DOGE in their accounts over the past 72 hours. This level of accumulation suggests that significant stakeholders value Dogecoin at its present price. Related Reading: TRUMP Token Takedown—Did Insiders Plan The Crash? Dogecoin Outlook While the signs are promising, Dogecoin still faces uncertainty. Market sentiment, broader crypto trends, and potential regulatory moves—such as a Securities and Exchange Commission-approved Dogecoin ETF—could all impact its price trajectory. Featured image from Gemini Imagen, chart from TradingView
A popular meme coin has shown signs of recovery as it entered bullish territory with analysts showing optimism for the future of the crypto in the upcoming months. Analysts predict that Dogecoin’s current momentum will push it to a possible 318% rally, giving their insights on what is driving this move upward. Related Reading: XRP Cycle Top Forecast—Analyst Pinpoints The Timeline Price Rally Around The Corner? An analyst said in a post that Dogecoin could be heading for a 318% increase, which is possible since the breakout experienced by the meme coin aligns with its historical price movements. “With the breakout target at $0.6533, another +318% increase to reach it can be in the works and prices may only be preparing here to do so,” JavonTM1 said. Prices of $DOGE (Dogecoin) are still up nearly +129% since breaking out of the pictured resisting trend and with prices still broken out and in a position to confirm another set of Higher Lows, even more upside can be coming! With the breakout target at $0.6533, another +318%… https://t.co/nhmMIkJgqv pic.twitter.com/Qum16794Li — JAVON⚡️MARKS (@JavonTM1) March 11, 2025 JavonTM1 made the prediction after the meme coin soared by 129% following a breach of a critical resistance trendline. “Prices of $DOGE (Dogecoin) are still up nearly +129% since breaking out of the pictured resisting trend, and with prices still broken out and, in a position to confirm another set of Higher Lows, even more upside can be coming!” The Bullish Impulse Wave Analysts used the Elliott Wave Theory to explain the future of DOGE. According to the charts, Dogecoin’s price might be “in the middle of a bullish impulse wave.” They argued that the coin’s volume spikes showed that there was an increase in market participation, supporting the possibility of sustained upward movement. Meanwhile, a curved trendline on the chart indicates that the meme coin has shifted from a prolonged correction phase into a breakout phase. Last month, JavonTM1 noted that Dogecoin, hitting $0.6533, is just around the corner. “It’s only a matter of time here with such a major breakout response and climb thus far but a move above is looking more and more likely!” Potential Rebound Another analyst believes that DOGE is heading towards a potential price rebound, reinforcing the coin’s bullish outlook. Ali Martinez used the TD Sequential indicator to explain the likely surge, saying that the indicator has flashed a buy signal on the daily chart, a cue used by investors to identify trend reversals. Martinez added that this usually happens after a bearish phase, indicating that the meme coin could be moving toward the recovery phase. Related Reading: $931 Million Bitcoin On The Move: Mt. Gox Sparks Market Jitters Data showed that DOGE remains in a strong position following the price breakout, indicating possible further gains. At press time, Dogecoin is traded at $0.1720 per coin with a market cap of more than $25 billion. Featured image from Pexels, chart from TradingView
The incident highlights the volatility and susceptibility of meme coins to misinformation, emphasizing the need for robust security measures.
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The official TRUMP token, designed to commemorate US President Donald Trump’s second presidency, was an instant hit upon launch. The token surged from less than $10 on January 18th to a high of $74.59 on January 20th before quickly surrendering some gains within hours. Although the token remained competitive days after the president’s inauguration, by trading above $30, it quickly faded under pressure. TRUMP dipped below $20 on February 2nd, and it’s now trading at $10. Related Reading: $931 Million Bitcoin On The Move: Mt. Gox Sparks Market Jitters Observers say that the broader crypto market and TRUMP’s token are crashing. However, TRUMP’s crash is not without controversy—10x Research has disclosed that there was “insider play” before the coin’s massive drop. While most traders lost billions of dollars during its crash, a sizeable number of early investors cashed in for huge profits. Early Investors Cash Out Before Listing In Major Exchanges According to 10x Research, most early investors cashed in just before major exchanges listed the coin, as its value moved past $60 and briefly hit $70. The coin’s rapid surge in price was welcomed by everyone, with the early investors getting the best seats in the house. After its quick rise, TRUMP suffered a massive drop. From the low $20s, it’s now trading at $10, leaving retail and small traders with losses. The $TRUMP Dump: When the Hype Fades, Reality Hits ????1-4) A clear example is the $TRUMP coin, where insiders and those with early access at the Washington crypto ball could buy in before the public, while exchanges rushed to list the token as it soared past $60. After briefly… pic.twitter.com/PVzLcVbL0m — 10x Research (@10x_Research) March 11, 2025 Losses related to the TRUMP price drop are reminiscent of previous bearish cycles, including the 2021 NFTs boom and bust. With the TRUMP token, the value significantly dropped within the week. By looking at the bigger picture, TRUMP token shed more than 80% since its peak last January. And on-chain data suggests that early investors quickly liquidated their positions, with retail and small traders used as pawns. Solana Chain Takes A Hit The Solana ecosystem is one of the biggest losers in the token’s crash. Aside from TRUMP, a few other Solana-based tokens faced selling pressure, including Raydium’s RAY token, which dropped by 60% in the last month. Even Solana’s native token, SOL, dropped by over 40% over the same period. The drop in value for SOL-based tokens suggests that the interest in meme coins or speculative tokens is waning. Pump.fun Also Sees Dramatic Shift Pump.fun, another leading meme coin platform, has also witnessed a dramatic drop in network activity. Over the past year, this platform processed 8.4 million meme coin launches, peaking days ahead of Trump’s inauguration. Related Reading: XRP Cycle Top Forecast—Analyst Pinpoints The Timeline From Christmas season to early January, up to 1.7 million meme tokens were launched on Pump.fun. However, the daily launches on Pump.fun have dropped. Also, participation rates have fallen on this platform, reflecting declining interest on this asset class. Feature image from Newsweek, chart from TradingView
An analyst is expressing apprehension regarding the price movement of XRP, cautioning that the cryptocurrency may be on the brink of a significant decline. A bearish price pattern is forming on the charts, which, if confirmed, could result in a significant selloff. This is the source of the jitters, crypto analyst Steph said. Some traders are now of the opinion that the future of XRP is contingent upon its ability to maintain a critical support level. Related Reading: $931 Million Bitcoin On The Move: Mt. Gox Sparks Market Jitters Head And Shoulders Pattern Causes Concern The chart of XRP is exhibiting a typical Head and Shoulders pattern, which is a widely recognized indicator of a potential decline. The support line for this formation is $2, which is the critical level to monitor. In other words, XRP is on a freefall, according to Steph. #XRP HUUUUUGE WARNING!!!!!!!!! pic.twitter.com/lllwRykRsN — STEPH IS CRYPTO (@Steph_iscrypto) March 10, 2025 The pattern may result in additional losses if XRP descends below this threshold. The analyst, Steph, is of the opinion that this could result in XRP entering a downward trajectory, which would erase recent gains and test lower price levels. Some market observers concur, asserting that a decline below $2 could potentially lead to a price of $1.80 or lower. Market Pains: XRP Down 11% XRP is already under lot of pressure. In the last seven days, the altcoin has sustained an 11% loss. XRP is not impervious to the selloff; the overall crypto market has been having some headaches. Investors are keeping a careful eye on the matter since any protracted drop below $2 could cause even more significant losses. Some traders argue, however, that the present price behavior reflects normal volatility and believe that XRP has already experienced similar conditions and has rebounded effectively. Short Rebound Provides Short-Term Breather For the first time since November, XRP fell below $2. It made a weak recovery on Tuesday morning, closing at about $2.10. This recovery, however, does not guarantee safety. Many traders remain cautious, waiting to see if the bearish pattern plays out or if XRP can maintain its footing above key levels. Related Reading: XRP Set For A ‘Life-Changing’ Month? Expert Sees $27 Incoming Main Focus: $2 Support Level For XRP, the next few days will be critical. If buyers step in and hold the price over $2, the cryptocurrency might escape a more drastic drop. A break below this level, however, can lead to further losses if the selling pressure increases. Traders and investors will be closely monitoring this event, as it has the potential to significantly impact the short-term price movement of the altcoin. Despite the increasing market uncertainty, some analysts advise caution, while others believe that it could be an opportunity for those seeking to purchase at lower prices. Either way, the entire crypto community will be intently monitoring XRP’s next move. Featured image from Gemini Imagen, chart from TradingView
After being trapped in a falling trend since early December 2024, Dogecoin (DOGE) price has approached a possible bottom. In preparation for a much anticipated parabolic rally to price discovery, leading dog-themed memecoin, which is backed by tech billionaire Elon Musk, has rebounded from a crucial support level of around $0.143 in the past two …
Pepe (PEPE), the popular and world’s third-largest meme coin, appears to be reclaiming its crucial support level, which it lost during the recent price decline. Today, March 12, 2025, the overall cryptocurrency market is recovering. Amid this, PEPE has registered a significant 13% rally and is reclaiming its crucial support level of $0.0000063. PEPE Technical …
XRP is once again the subject of bold forecasts, with market researcher Egrag Crypto anticipating a significant price boom. According to him, a major breakthrough pattern indicates that XRP might reach $27 in the coming months. This prediction has stirred discussions among investors, with some optimistic and others dubious. Related Reading: Bitcoin’s ‘Ugly Start’ – Weekend Sell-Off Pushes Price Near $80K XRP’s Breakout From A 7-Year Triangle Egrag Crypto could not be more upbeat about his projection. He assured investors that one month “will change their lives forever.” He bases this forecast on a critical breakout from a seven-year symmetrical triangle. In November 2024, XRP breached this trend, resulting in a dramatic 283% surge. The breakout has led him to believe that the token is on the verge of another explosive move. #XRP – 1 Month Will Change Your Life Forever ($9.7 – $27) ???? The Power of Market Waves & Narratives When @ElonMusk added #BTC to Tesla’s balance sheet last cycle, many thought all companies would follow. They didn’t. Narratives come and go, but markets move in cycles.… pic.twitter.com/dtGFQjeUE2 — EGRAG CRYPTO (@egragcrypto) March 7, 2025 Many traders use these trend lines to spot possible pricing patterns. The case is that earlier breakouts have caused significant price movements and history often repeats itself. Still, other observers think that legal obstacles and macroeconomic variables could pose a challenge to XRP’s development. Key Levels To Track There is not a straight line to $27. Egrag Crypto exposes the major hurdle XRP has to overcome. The token must first break through $2.62 then cruise to $3.00 and $3.40. Historically, these price points have been key obstacles, stopping XRP from rising. Should XRP effectively get rid of these obstacles, the next aim is roughly $6. Egrag projected back in December 2024 that by the end of the month this level will be attained. His latest outlook suggests that a push beyond $6 could lead to a full rally toward $27. Comparisons To The 2017 Bull Run Some of the excitement around this prediction comes from historical trends. Egrag Crypto and others have drawn comparisons between XRP’s current trajectory and its performance in 2017. Back then, XRP experienced a massive rally that took its price from a few cents to an all-time high of $3.40. If the token follows a similar path, a rally of over 700% could be in play. That would mean XRP jumping from its current levels to $27. While such a move isn’t impossible in the crypto market, skeptics warn that past performance doesn’t guarantee future results. Related Reading: Could Cardano Be The Next Big Crypto Winner? Analyst Points To $2 Target Skepticism And Investor Caution Not everybody is persuaded. The continuing legal dispute between Ripple and the SEC is one of the regulatory problems that XRP has faced. These legal questions worry some traders since they could stop any meaningful price movement. Additionally, broader market conditions, such as interest rate decisions and Bitcoin’s price action, could influence whether XRP sees another massive rally or remains range-bound. Despite these doubts, Egrag Crypto is still sure about his estimate. Whether XRP reaches $27 or not, the next major movement in the next months will be vital in deciding it. Investors will be watching closely to see if this bold projection comes true. At the time of writing, XRP was trading at $2.19, down 1.60% and 17.53% in the daily and weekly frames. Featured image from Gemini Imagen, chart from TradingView
After Bitcoin (BTC) and Ethereum (ETH) registered a price decline of over 4%, Dogecoin (DOGE) has lost its crucial support and is now poised for a massive drop. On March 10, 2025, the overall cryptocurrency market experienced a notable decline following the opening bell of the U.S. market. DOGE Current Price Momentum Amid this price …
Amid ongoing market uncertainty, the largest Dogecoin (DOGE) whale has begun showing interest and making a big move. On March 10, 2024, a prominent crypto analyst shared a post on X (formerly Twitter), revealing that the largest DOGE whale has accumulated a significant 1.7 billion meme coins over the past three days. Dogecoin Whale Eyes …
Cardano (ADA) is once again in the limelight as a crypto analyst emphasizes a technical pattern that has the potential to propel the asset to $2. In the midst of a combination of gains and losses for ADA, the prediction has sparked speculation regarding the possibility of a significant breakout. Related Reading: Bitcoin Slides After Trump Signs Strategic Reserve Executive Order A Pattern That Could Lead To A Big Move According to crypto expert Ali Martinez, ADA has established a right-angled descending wedge pattern on the charts. This technical configuration implies that a surge may occur if Cardano surpasses $1.14. Martinez believes that the price could soar to $2 if that occurs. ADA is much below that important level right now. The altcoin dropped significantly by 5% during the past 24 hours, falling below $0.83. It has subsequently rebounded to about $0.88; but it remains uncertain if the bullish momentum will build up anytime soon. This is how #Cardano $ADA can enter a bull rally to $2! pic.twitter.com/fMO3u3lVdc — Ali (@ali_charts) March 7, 2025 Strong Gains Despite A Rough Day Cardano has shown a steady increase over the past weeks, despite its most recent fall. Considering that the crypto asset has grown by nearly 30% over the past seven days, there are signs buyers are joining the market. ADA has seen a 20% year-over-year rise, indicating strong demand in the token. What Needs To Happen For ADA To Reach $2 ADA faces other difficulties as well, but first it has to overcome $1.14 to reach a notable rise to $2. Should it be able to overcome that, the currency’s next challenge will be to keep on pushing up. Strong buying demand could cause the price to increase to $2 more rapidly; but, limited volume or sellers’ resistance could create problems. Additionally important are external elements and market attitude. If the market for Bitcoin and the other bigger cryptocurrencies keeps strong, ADA has a higher chance of maintaining an upward motion. On the other hand, any market-wide drop could give Cardano more hiccups. Related Reading: Billionaire Warns Of Financial Turmoil—Will Bitcoin Save Investors? Traders Still Hesitant Despite Positive Signs Although many in the crypto community are excited about ADA’s potentials, others are still cautious. Though Martinez’s technical pattern suggests a breakout, nothing is quite clear. Market conditions might change quickly, hence overcoming resistance may prove challenging. Should ADA start moving toward $1.14, it could give fresh hope. Whether it strikes $2 or not, the following few days will be vital in deciding its next major price route. Featured image from Gemini Imagen, chart from TradingView
The rapid rise of COCORO token highlights the enduring influence of meme culture in crypto markets, raising questions about sustainability and trust.
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A bold prediction has surfaced in the crypto market, suggesting that Dogecoin (DOGE) could skyrocket to $6.24. The forecast comes from analyst Ali Martinez, who points to a long-term price pattern that hints at an explosive move. Related Reading: Bitcoin Slides After Trump Signs Strategic Reserve Executive Order While this projection has caught the attention of investors, others remain skeptical given the massive jump required to reach such levels. Dogecoin Current Position And Key Levels Right now, Dogecoin is trading at around $0.2067. The price is moving within an ascending parallel channel, according to Martinez. He identifies a crucial support level at $0.16, which could play a big role in determining the coin’s next move. If DOGE holds above this support, the analyst believes it could climb to $2.74 before making its way toward the much higher target of $6.24. Such kind of surge would imply a rise of almost 2,900%. Though Martinez supports it with historical data showing Dogecoin has moved significantly in the past, it is an audacious call. But, as the sages would say, the crypto market behaves in ways we sometimes don’t understand. So, a retreat below support could result in a rather different result. #Dogecoin $DOGE remains within an ascending parallel channel. As long as the lower boundary at $0.16 holds, a rebound toward the mid-channel at $2.74 or even the upper boundary at $6.24 remains a probability! pic.twitter.com/L0p9ePH5ZV — Ali (@ali_charts) March 5, 2025 Comparing Predictions From Other Analysts Not everyone is convinced that Dogecoin will reach those heights. Some analysts have much more conservative forecasts. For example, a December 2024 projection estimated DOGE’s price at $0.2990. By 2025, that number rises slightly to $0.3140. Looking even further ahead, 2027 predictions put Dogecoin at $0.3465. These numbers suggest that, while Dogecoin does have potential for growth, hoping it reaches $6.24 would be too idealistic. Market circumstances, investor sentiment, and the overall direction of the cryptoverse will determine the next destination of DOGE. The Market Cap Question Dogecoin’s market value must rise dramatically if it is to reach $6.24. DOGE’s market cap right now is at $31 billion. Should the expected price does materialize, the meme coin’s market valuation would have to leap to almost $925 billion. Related Reading: Billionaire Warns Of Financial Turmoil—Will Bitcoin Save Investors? That would make Dogecoin one of the most valuable cryptocurrencies, a position that some believe is unlikely. Still, the coin has surprised people before, fueled by social media hype and high-profile endorsements. Whether it can do so again remains to be seen. Is This A Realistic Target? The cryptocurrency market is known for wild swings, and Dogecoin has a history of sudden price spikes. But it’s too much to expect a nearly 3,000% rise. Hitting $6.24, the coin would need to have strong buying pressure, a bullish sentiment, and a good market environment. Easier said than done, but anything can happen in crypto. At this point, Martinez said that buyers should keep an eye on the key levels. It’s possible for Dogecoin prices to go up if it can stay above $0.16 and gain more steam. The question of whether it can reach $6.24 is a whole different one. Featured image from Gemini Imagen, chart from TradingView
Pepe (PEPE), the world’s third-largest meme coin, is gaining significant attention from the crypto community due to its impressive upside momentum despite the ongoing bearish market sentiment. On March 8, 2025, while top assets like Bitcoin (BTC), Ethereum (ETH), and XRP are witnessing price declines, PEPE has defied the market trend, registering an impressive 7.5% …
Dogecoin (DOGE), the world’s largest and most popular meme coin, is catching the attention of crypto whales and investors due to its attractive price range. Data from the on-chain analytics firm Santiment shows that crypto whales have purchased a significant 150 million DOGE in the past three days. Crypto Whales Buy 150 Million DOGE This …
The sentiment seems to be shifting towards the bullish side. Amid this, Dogecoin (DOGE), the world’s largest and most popular meme coin, is catching the attention of crypto analysts and experts. Experts’ Bullish Views on DOGE Meme Coin Recently, a prominent crypto expert made a post on X (formerly Twitter) with a bold prediction. The …
Kanye's engagement with crypto influencers highlights the growing intersection of celebrity influence and digital currency speculation.
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Dogecoin’s price action in the past 24 hours has been characterized by a struggle to hold above the $0.20 price level. Notably, this struggle above $0.20 comes after Dogecoin’s break below the level on the last day of February, marking the first time it traded below $0.20 since November 2024. From a technical outlook, this recent price crash aligns with a pattern that has preceded rallies for DOGE, with the meme coin essentially re-visiting its previous local peak. Dogecoin Price Revisits Local Peaks Before Another Breakout Dogecoin’s price crash to $0.20 could begin an extended bearish move from here, but technical analysis suggests otherwise. Crypto analyst Trader Tardigrade has provided a bullish perspective, arguing that Dogecoin’s current price action fits within a well-established pattern that has historically preceded major rallies on higher timeframes. Related Reading: Bitcoin’s Risk Factor Remains High, Crypto Analyst Notes As noted by the analyst, Dogecoin’s price has pulled back to trading around the $0.22 level, which is only a retest of its local peak after the rally in the first three months of 2024. Interestingly, the meme coin’s latest movement to $0.22 follows a larger correction from its December 2024 high of $0.475. Interestingly, this isn’t the first time that Dogecoin is revisiting its previous local peak this cycle, with Trader Tardigrade’s analysis highlighting how Dogecoin tends to revisit former peaks before entering a sustained rally. According to the weekly candlestick timeframe chart that accompanied his analysis, Dogecoin has revisited its local peaks about three times since July 2023. The most notable revisit of a local peak was in Q3 2024, when Dogecoin retraced to around $0.095 after its peak of $0.22 in April 2024. Interestingly, this retracement to $0.095 in Q3 2024 was also a revisit of its December 2023 peak price. It continued to hover around $0.095 between July and September 2024 before surging toward $0.48 in Q4 2024. Therefore, if history repeats itself, the current consolidation phase around $0.22 could last for several weeks before the next leg up. Image From X: Trader Tardigrade Major Uptrend Coming Next? The current return to the $0.22 price zone suggests that Dogecoin may trade within this range for the next few months before another breakout. As such, the Dogecoin price may continue to range between $0.20 and $0.22 until May 2025. However, it might not take that long for Dogecoin to kick off the next rally. Nonetheless, Trader Tardigrade’s projection put the next rally at a price target above $0.8. Such a move would see Dogecoin trading at new price territories above its current all-time high of $0.7316. Related Reading: Solana Jumps 9% As Whales Quietly Accumulate Millions—Details In a separate analysis, the same crypto analyst pointed out that Dogecoin’s 4-hour Relative Strength Index (RSI) had broken out of a descending trendline, signaling that bullish momentum is building. While this is a promising development, he noted that Dogecoin must still break out of its Descending Trendline for the uptrend to fully take shape. At the time of writing, Dogecoin is trading at $0.2062. Featured image from The Street, chart from TradingView
Following a period of notable gains, the crypto market experienced a significant decline, creating uncertainty in February. The market crash, which saw investors lose billions, left many reeling, particularly after the sharp crash in the last week, referred to by some analysts as the ‘Trump-dump.’ Despite this, increased activity by major investors, or ‘whales,’ around …
Shiba Inu (SHIB), the world’s second-largest meme coin, is poised for a price recovery due to bullish price action and an impressive 24-hour burn rate. Data from the SHIB burn tracker recently revealed in a post on X (formerly Twitter) that the meme coin’s burn rate has surged by a staggering 4,137.17%, with 31,556,987 SHIB …
Amid the ongoing bearish price momentum, Dogecoin (DOGE), the largest and most popular meme coin, has been gaining significant attention from crypto enthusiasts due to its notable price drop in recent days. Crypto Whales Buy 530 Million DOGE On February 28, 2025, a prominent crypto expert shared a post on X (formerly Twitter), revealing that …
Dogecoin, the industry’s premier meme coin, has consistently led most altcoins in price performance in recent months. However, it faces its toughest challenge amidst falling network activity and a price slump. According to an analyst, Dogecoin experienced a massive 95% drop in active addresses on its network, suggesting a considerable decline in activity. Related Reading: Avalanche (AVAX) Overextended—Is A Market Shakeup Imminent? #Dogecoin $DOGE network activity has declined by 95%, dropping from 2.66 million active addresses in November to just 130,282 today! pic.twitter.com/SlH3qTuMP6 — Ali (@ali_charts) February 25, 2025 Should Dogecoin Holders Worry? As Dogecoin’s price starts to recover, its network activity suffered. Crypto expert Ali Martinez notes the decline in the network activity, sharing that the drop in the number of active addresses began three months ago. According to Martinez, the Dogecoin network registered 1,292,770 new active addresses by November 21st, 2024. The number soon surged to 2.4 million active addresses, but this number immediately dropped. Between December 2024 and February 2025, the number of addresses dropped by around 95%. Meanwhile, Dogecoin’s price has declined substantially in the last few days, with holders incurring losses. The popular meme coin is currently trading at $0.2077, a slight improvement from its $0.1977 price a few hours ago. Despite DOGE’s minimal gains, it’s still down from last week’s performance. Drop In Network Activity On February 23rd, it was noted that the network only had 30,815 new addresses, confirming the slide in network activity. The decrease in Dogecoin’s network activity was reflected in its price movement, which dipped from $0.4868 to $0.196. With price dipping and a decline in network activity, many commentators argued it’s a sign of weak demand for Dogecoin. According to one data, there’s a 2.67% decline in the percentage of long-term Dogecoin investors, which means a less accumulation. Also, there’s a drop of 11.81% in mid-term coin holders, meaning they have already exited their positions. Finally, the data indicates a 107.45% increase in short-term holders, which suggests an increase in speculative trading. This information shows that Dogecoin traders are more interested in short-term and speculative trading activities than long-term investment. DOGE is starting its big move! Heading to $5 soon.$DOGE #DOGE #Dogecoin #Memecoin pic.twitter.com/VaztdMxmSn — @CryptoELlTES (@CryptooELITES) February 25, 2025 DOGE Price Targets Although Dogecoin’s price is currently down, a few commentators expect a rebound soon. According to CryptoELITES, Dogecoin is up for a rebound, and poised to hit a new higher target. Related Reading: Panic Sell? Bitcoin’s $86K Fall Wipes Out $1 Billion In Trades The analyst offered three price targets for Dogecoin: $0.75, $1.5, and $5. Featured image from Pexels, chart from TradingView
XRP stood firm as crypto markets took a beating on Tuesday. Most coins fell hard, but XRP avoided hitting new lows. Market watchers now wonder if the altcoin might recover faster than other cryptos. Related Reading: Avalanche (AVAX) Overextended—Is A Market Shakeup Imminent? XRP Holds Ground In Tough Market Tuesday’s crash sent most crypto prices tumbling. XRP dropped to $2.23, falling 4% in just one day. This marks a rough week for the coin, which lost 17% in the weekly frame, but the drop wasn’t as bad as earlier this month. During one of its biggest declines this year, on February 4th, the coin had sunk to $1.70 – much lower than Tuesday’s bottom. Bitcoin, on the other hand, fell below $86,000. This was its lowest price since November 2024. The difference is clear: Bitcoin hit new recent lows while XRP did not. Analysts See Promising Signs A number of crypto experts have noticed that XRP is performing better. Dom, a crypto analyst, said the altcoin only had a “fakeout” below the important $2.25 price mark. Dom stated that for things to stay on track, XRP needs to close above this price. $XRP update Still looking good here as we got a fakeout below the important level ($2.25) Vital to close the daily above and NOT accept below XRP is holding up better than 90% of alts, chart isn’t broken I will share more thoughts soon, but need to see how BTC reacts next… https://t.co/m5cOOCO88Z pic.twitter.com/EdWeRQfVxG — Dom (@traderview2) February 25, 2025 Dom also noted that Bitcoin might face more trouble if it falls below $85,000. Despite these concerns, he thinks the crypto is doing better than most coins in the market. His view: XRP’s chart still looks solid compared to others. Numbers Tell The Story XRP’s strength shows up clearly in market data. According to CoinCodex, the coin did better than 92% of the top 100 crypto coins during this downturn. While XRP avoided making new lows, other popular coins weren’t so lucky. Both Solana (SOL) and Dogecoin (DOGE) fell to their lowest points of 2024 during Tuesday’s crash. Related Reading: Panic Sell? Bitcoin’s $86K Fall Wipes Out $1 Billion In Trades Is A Price Recovery Underway? XRP has already bounced back with an 8% gain, bringing its price to $2.31. This quick recovery has cut its weekly losses to around 9%. The coin’s ability to avoid deeper drops might give investors hope. While the entire market faces uncertainty, XRP’s performance suggests it might weather the storm better than its competitors. What happens next depends partly on Bitcoin’s movement. Many traders are keeping a close eye on the next price movement of Bitcoin, as it often sets the tone for the whole crypto market. If Bitcoin stabilizes, XRP might continue its upward path. For now, XRP stands out in a sea of red. Its quicker recovery and stronger support levels could make it a coin to watch as the broader digital currency space tries to find their footing after Tuesday’s crash. Featured image from Gemini Imagen, chart from TradingView
The MEME Act highlights growing concerns over political figures leveraging digital assets for personal gain, risking conflicts of interest.
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US President Donald Trump has been criticized for launching his meme-coin with little knowledge of cryptocurrency. The coin initially surged due to his influence but then crashed, causing major losses for investors. In response, the US Congress is considering legislation to ban public officials from creating meme-coins like Trump’s TRUMP token to prevent such issues …
The alleged laundering via meme coins highlights the growing need for regulatory oversight in the volatile cryptocurrency market.
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After recording a bearish weekend, the bearish influence over the crypto markets escalated. With the huge drop in the S&P 500, the crypto markets also slashed, wiping out over $200 billion. The major tokens like Bitcoin, Ethereum, and Solana faced huge pullbacks, forming fresh bottoms. In the times when these prices continue to flash bearish …