Date: Fri, Jan 17, 2025, 03:00 PM GMT
The cryptocurrency market has witnessed a strong recovery this week, with Bitcoin (BTC) bouncing back from its Monday low of $89,000 to over $143,000 today, reflecting a 5% gain. Adding to the excitement are rumors that President-elect Donald Trump may be planning to establish an America-first strategic reserve, potentially including altcoins such as Solana and XRP. This speculation has provided additional fuel to an ongoing altcoin rally
.Amid this positive market sentiment, Binance Coin (BNB), a leading exchange token, is starting to capture attention with noticeable gains. While BNB has lagged behind the broader altcoin rally in recent weeks, it appears to be building momentum for a potential breakout that could trigger a major price surge.

Source: Coinmarketcap
Key Breakout Ahead
Binance Coin (BNB), currently trading at $721, has formed a symmetrical triangle pattern, a setup often associated with impending price movements. The token has been consolidating within this pattern, and recent bullish activity has pushed it closer to breaking above the triangle's resistance level.

Binance Coin (BNB) 1D Chart/ Coinsprobe (Source: Tradingview)
A successful breakout could see $BNB rally toward key targets at $745 and $796, marking a potential gain of up to 36% from its current price.
The Moving Average Convergence Divergence (MACD) indicator, visible on the chart, suggests increasing bullish momentum. As the MACD line crosses above the signal line, it often signals a shift in market sentiment toward buying pressure. This aligns with BNB's technical structure, hinting at a possible breakout in the near term.
Is a Rally on the Horizon?
The cryptocurrency market's overall recovery, led by Bitcoin and fueled by speculation surrounding the inauguration of Donald Trump, has created a favorable environment for altcoins. Binance Coin's well-defined technical patterns and resistance levels suggest that a significant breakout is imminent. Should the bullish momentum persist, BNB could witness substantial price movements in the days ahead.
However, as with any investment, caution is warranted.
Get more updates on: coinsprobe.com
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always conduct your own research before investing in cryptocurrencies.
#BNB #NFA

Date: Thu, Jan 16, 2025, 11:13 AM GMT
The cryptocurrency market has seen a strong recovery in the past 72 hours, with Bitcoin (BTC) rebounding to $99,000 from its Monday low of $89,000. This surge has also cooled Bitcoin’s dominance, which dropped from a high of 58.60% to 57.61%, creating room for altcoins to shine.
Among them, Chainlink (LINK) is gaining attention with noticeable gains and is approaching a critical breakout level, signaling a potential continuation of its rally.

Source: Coinmarketcap
Falling Wedge Setup
Chainlink (LINK) have made a bullish rally from November to mid-December 2024, peaking at almost $31. Since then, it has been consolidating within a falling wedge pattern—a classic bullish setup that often precedes significant price surges.

Chainlink (LINK) 1D Chart / Coinsprobe (Source: Tradingview)
After bouncing off the wedge’s support at $17.86, LINK has climbed to its current price of $21.94. The token is now approaching the upper resistance of the wedge, a critical level that could determine its next move.
If $LINK breaks out of this pattern, the next resistance levels are at $23.77 and $30.88. A successful breakout could represent gains of up to 41% from the current price, underscoring the potential for an explosive rally.
The MACD (Moving Average Convergence Divergence) indicator is signaling a bullish crossover, reflecting increasing momentum. Similarly, the RSI (Relative Strength Index) is climbing above 50, indicating growing buying pressure and the potential for further upward movement.
Is A Rally On The Horizon?
The combination of a falling wedge breakout setup, bullish indicators, and a favorable market environment points to the possibility of a significant rally for Chainlink (LINK). If LINK successfully breaks above its wedge resistance, it could target $23.77 and then $30.88 in the coming weeks, representing impressive potential gains.
Bitcoin’s recovery to $99,000 has restored confidence across the cryptocurrency market. Simultaneously, the drop in BTC dominance from 58.60% to 57.61% has opened the door for altcoins including LINK.
Get more updates on: coinspronbe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#LINK #NFA

Date: Thu, Jan 16, 2025, 01:08 PM GMT
In the cryptocurrency market, Bitcoin (BTC) has made a strong recovery within the last 72 hours, bouncing from its Monday low of $89K to its current level of $99K. Alongside this recovery, BTC dominance, which had reached a high of 58.60%, has cooled to 57.25% today. This shift has allowed altcoins to stage a noticeable rebound.
Adding to the market's optimism, reports suggest that President-elect Donald Trump is open to creating an "America-first" strategic reserve that prioritizes altcoins such as Solana ($SOL) and XRP ($XRP).
This development has provided a further boost to the altcoin market, including Cardano (ADA) is gaining attention with noticeable gains and is approaching a critical breakout level, signaling a potential continuation of its rally.

Source: Coinmarketcap
Bullish Pennant Setup
Cardano (ADA) had a remarkable rally from November to mid-December, reaching a high near $1.31. Since then, the cryptocurrency has been consolidating in a bullish pennant pattern, a classic technical setup signaling potential continuation of the uptrend.

Cardano (ADA) 1D Chart / Coinsprobe (Source: Tradingview)
Recent price action has been promising, with ADA bouncing strongly off the pennant's support level near $0.87. It now trades at approximately $1.09, just shy of the upper resistance boundary of the pennant.
If $ADA manages to break out from this pattern, it could target the next resistance levels at $1.15 and $1.31. These levels mark potential gains of 20% from current prices, with a breakout beyond $1.31 possibly initiating a fresh, strong rally.
The MACD indicator (Moving Average Convergence Divergence) currently displays a bullish crossover, signaling positive momentum and increasing buying pressure. Meanwhile, the RSI (Relative Strength Index) hovers around 71, reflecting a strong trend while leaving some room for further upward movement before becoming overbought.
Is A Rally On Horizon?
With a bullish pennant breakout setup, favorable market sentiment, and strong technical indicators, the stage appears set for Cardano (ADA) to make significant gains. If Bitcoin’s stability and the broader altcoin rally persist, ADA could see a fresh surge in the coming weeks.
However, as with all markets, investors should remain cautious and prepared for volatility.
Get more updates on: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Cardano #NFA

Date: Thu, Jan 16, 2025, 07:36 AM GMT
The cryptocurrency market has shown notable bullish momentum in the past 24 hours following a positive reaction to the U.S. CPI report for December 2024. Bitcoin surged above $99,000 mark, propelled by lower-than-expected core inflation figures. Alongside this, Bitcoin dominance declined to 57.76%, creating an environment favorable for altcoins.
Among these, Axie Infinity (AXS) and Enjin (ENJ) are coming into the spotlight with noticeable gains and are approaching critical breakout levels, signaling a potential continuation of the rally.

Source: Coinmarketcap
Axie Infinity (AXS)
Axie Infinity (AXS) is currently trading at $6.36 and is testing the upper boundary of a descending triangle pattern. This resistance level aligns with a key horizontal zone near $6.55, making it a critical point for the token’s next move. After weeks of consolidation within this formation, $AXS has regained upward momentum, driven by a rebound from the 200-day Moving Average (MA). This recent surge has brought the token to a pivotal moment, where a breakout could signal a major trend reversal.

Axie Infinity (AXS) 1D Chart / Coinsprobe (Source: Tradingview)
If AXS manages to break above this key resistance—formed by the convergence of the trendline and horizontal levels—it could pave the way for a substantial rally. Potential targets include $7.45 and $10.34, representing an impressive upside of up to 61% from its current price.
Technically, the Moving Average Convergence Divergence (MACD) indicator is showing signs of bullish momentum, with a potential crossover hinting at further gains. Additionally, the increasing volume profile reflects growing interest from buyers as AXS nears its resistance zone.
Enjin (ENJ)
Enjin (ENJ) is trading at $0.208 and is also at the brink of a breakout from a descending triangle pattern. Like AXS, $ENJ has been consolidating for weeks, but its recent recovery from the 200-day Moving Average (MA) has driven it close to a critical resistance line.

Enjin (ENJ) 1D Chart / Coinsprobe (Source: Tradingview)
If ENJ manages to break above this level, it could potentially rally to higher price targets. The next significant levels lie at $0.2968 and $0.4291, offering a possible upside of 71% from the current price.
On the technical side, the MACD for ENJ also signals a bullish crossover, indicating growing momentum. Increased trading volume further supports the possibility of a strong upward move.
Are Breakouts On The Horizon?
The broader cryptocurrency market’s positive sentiment following the U.S. CPI report has provided the perfect foundation for these potential breakouts. Both Axie Infinity and Enjin are demonstrating resilience and strength as they approach crucial levels, and the technical indicators suggest that upward moves could be imminent.
If market conditions remain favorable, these gaming tokens could lead a new wave of altcoin rallies in the coming days. However, the next steps will depend heavily on whether buyers can sustain momentum and push through the resistance levels.
The market outlook remains positive for AXS and ENJ, but traders and investors should remain cautious. Watching volume and momentum indicators closely will be key to gauging the strength of any breakout.
Get more updates on: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Altcoins #NFA

Date: Wed, Jan 15, 2025, 02:22 PM GMT
The cryptocurrency market has witnessed bullish momentum following the release of the U.S. December 2024 Consumer Price Index (CPI) report. The report highlights a 0.2% increase in inflation, bringing the figure to 2.9% from November’s 2.7%. In response, Bitcoin touched $99,000 mark, meeting market expectations, while core inflation rose less than anticipated.
This positive sentiment is spilling over into major altcoins, including Gala (GALA) and Toncoin (TON), which are approaching critical breakout levels. These signals suggest a potential continuation of their respective rallies.

Source: Coinmarketcap
Gala (GALA):
$GALA is currently trading at $0.03785 and appears to be on the brink of a significant breakout. The price has been consolidating within a descending triangle pattern, and the recent upward push has brought it close to the critical resistance line.

Gala (GALA) 1D Chart / Coinsprobe (Source: Tradingview)
A breakout above this structure could trigger a rally toward higher levels, with key targets at $0.044, $0.052, and $0.066. If this move materializes, GALA could gain as much as 75% from its current price.
The technical indicators support this optimistic outlook. The MACD is showing early signs of bullish momentum, with the histogram starting to turn green. Additionally, the RSI is hovering near the 48-50 range, signaling that there is room for further upward movement.
Toncoin (TON):
Toncoin (TON), trading at $5.40, is also at a pivotal juncture. The price is advancing toward the upper resistance of a descending channel pattern, which aligns with a horizontal resistance zone around $5.52. This convergence of resistance levels makes the current price action particularly significant.

Toncoin (TON) Coinsprobe (Source: Tradingview)
A successful breakout above this area could propel $TON to higher levels, with the next targets at $5.80, $6.44, and $7.20. This scenario represents an upside potential of 33% from the current price.
Although the MACD is currently bearish, with the signal line below the MACD line, the setup remains promising. A shift in momentum could occur if the price breaks through resistance, as often happens in such scenarios. The RSI, at 43, remains in a neutral zone, suggesting that there is ample room for bullish continuation.
Is a Rally on the Horizon?
The broader cryptocurrency market’s recovery, led by Bitcoin’s strong bounce, has created a favorable environment for altcoins like GALA and TON. Both tokens exhibit clear technical patterns indicative of impending breakouts, with well-defined resistance levels within sight. If the current bullish momentum holds, these coins could experience significant upward moves in the coming days.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.
#Altcoins #NFA

Date: Wed, Jan 15, 2025, 05:25 PM GMT
In the cryptocurrency market today, within the last hours, we are witnessing a bullish pump as the market reacted positively to the U.S. CPI report for December 2024. The report highlights that inflation increased to 2.9%, marking a 0.2% rise from the 2.7% recorded in November. In response, Bitcoin touched $99,000 mark, meeting market expectations, while core inflation rose less than anticipated.
This positive sentiment is spilling over into major altcoins, including Uniswap (UNI) and Litecoin (LTC), which are approaching critical breakout levels. These signals suggest a potential continuation of their respective rallies.

Source: Coinmarketcap
Uniswap (UNI)
Uniswap is currently trading at $14.21 and is on the verge of a breakout from a symmetrical triangle pattern. The token has been consolidating within this structure, and the recent upward push has brought it close to the critical resistance line.

Uniswap (UNI) 4H Chart / Coinsprobe (Source: Tradingview)
A successful breakout could lead to a rally toward higher levels, with targets at $15.62 and $19, representing a potential gain of up to 36% from its current price.
The MACD is signaling bullish momentum, with the line crossing above the signal line, indicating growing buying pressure. This suggests that $UNI could soon see a continuation of its upward trend if resistance is breached.
Litecoin (LTC)
Litecoin $LTC , currently trading at $104.6, is also building momentum as it approaches the upper resistance of a descending triangle pattern and a horizontal resistance zone near $107.

Litecoin (LTC) 4H Chart / Coinsprobe (Source: Tradingview)
A breakout above these levels could trigger a rally, with potential targets at $117, $128, and $147, representing gains of up to 40% from its current price.
Similarly to UNI, Litecoin's MACD is turning positive, suggesting increasing bullish sentiment.
Are Breakouts On the Horizon?
Both Uniswap and Litecoin are benefiting from improved market sentiment driven by Bitcoin's recovery. These altcoins are showing promising technical setups that hint at significant upward movements if resistance levels are broken. However, traders should remain cautious, as the success of these breakouts depends heavily on trading volume. Failure to break above key levels could result in continued consolidation or even downside risks.
As market conditions improve, UNI and LTC are tokens to watch in the short term. A breakout could pave the way for notable gains, but patience and careful monitoring of the charts will be essential.
Get more updates on: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Altcoins #NFA

Date: Tue, Jan 14, 2025, 07:48 AM GMT
The cryptocurrency market is showing signs of stabilization after a sharp correction yesterday. Bitcoin (BTC) plunged to a low of $89,216 but has since rebounded, currently trading above $95,000. This recovery has provided an opportunity for major memecoins like Dogwifhat (WIF) and Popcat (POPCAT) to defend critical support zones and signal potential recoveries.

Source: Coinmarketcap
Both tokens experienced significant corrections of 45% and 48%, respectively, in the past 30 days. These declines pushed their prices to critical support levels, which have historically prevented further drops and set the stage for potential rallies.
Dogwifhat (WIF)
Dogwifhat (WIF) underwent a steep 70% correction from its November 13 high of $4.79 to its 24-hour low of $1.36. The token has now found strong support around $1.36, a zone that has historically acted as a safeguard against deeper declines, and is currently trading at $1.50.

Dogwifhat (WIF) 1D Chart / Coinsprobe (Source: Tradingview)
The Relative Strength Index (RSI) on the daily chart shows signs of recovery from oversold levels, which could further strengthen the case for a bounceback.
If $WIF maintains this support, it could rally toward the next resistance level at $2.23, representing a potential gain of nearly 50% from the current price.
Popcat (POPCAT)
Similarly, Popcat (POPCAT) has faced a sharp 77% decline, dropping from an all-time high of $2.08 to its 24-hour low of $0.49. The token has now found a key ascending support trendline, a level that has consistently served as a foundation for strong recoveries during previous corrections, and is currently trading at $0.5590.

Popcat (POPCAT) 1D Chart / Coinsprobe (Source: Tradingview)
The daily RSI suggests that POPCAT is nearing oversold territory, which could indicate the beginning of a recovery.
If this support holds, POPCAT could aim for a recovery rally toward its next resistance at $1.00, a potential upside of 80% from the current level.
Is a Bounceback Ahead?
Both WIF and POPCAT have managed to hold their key support zones, and their daily RSI signals are showing early signs of recovery. Additionally, Bitcoin's stabilization within the $91,000 to $94,000 range and its current position above $95,000 provide a supportive environment for market-wide rebounds.
If Bitcoin maintains its momentum and breaks above $96,000, it could pave the way for a broader recovery, further strengthening the potential for WIF and POPCAT to rally in the short term.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct thorough research before making any investment decisions.
#Memecoins #NFA

Date: Mon, Jan 13, 2025, 09:22 AM GMT
In the cryptocurrency market today, the ongoing correction that began last month has intensified further, with Bitcoin (BTC) dropping by 1% to trade under $93,000. This decline has been accompanied by a sharp rise in BTC dominance, which now stands at 58.38%, adding significant bearish pressure on altcoins.
Layer-1 tokens like Sui (SUI) and Sei (SEI) have not been immune to this downturn, with steep corrections over the past 24 hours. SUI and SEI have recorded daily declines of 7% and 6%, respectively.

Source: Coinmarketcap
Amid this bearish wave, both tokens are now trading at critical support levels. Their next moves could be pivotal in determining their short-term direction.
Sui (SUI)
$SUI is currently consolidating within an ascending parallel channel on the 4-hour timeframe. The recent pullback saw its price drop from $5.38 to $4.46, positioning it near the lower boundary of the channel. This level has historically served as a strong support zone and may again act as a potential rebound area.

Sui (SUI) 4H Chart / Coinsprobe (Source: Tradingview)
If SUI successfully bounces from this support, it could resume its upward trajectory, with a potential target to retest the recent high at $5.26. However, a sustained breakdown below the channel support may expose SUI to further downside risk, with the next critical level at $4.00.
The MACD indicator reveals a weakening momentum, with bearish crossover signals suggesting further caution. Meanwhile, the RSI is currently at 28, signaling oversold conditions that may attract buyers and spark a short-term recovery.
Sei (SEI)
$SEI remains locked within a descending parallel channel, reflecting a broader downtrend that began after its March 2024 peak near $1.14. The recent drop from $0.48 to $0.35 places the token in a critical demand zone between $0.33 and $0.41. Historically, this zone has provided strong support and led to rebounds.

Sei (SEI) 1D Chart / Coinsprobe (Source: Tradingview)
If SEI manages to hold within this demand zone, it could indicate that buyers are stepping in, potentially leading to a short-term rally toward the next resistance at $0.48. On the other hand, if SEI breaks below $0.33, the downtrend may continue, with lower levels in the channel, such as $0.25, coming into focus.
The MACD indicator suggests bearish momentum is persisting, while the RSI, at 31.66, shows the token is nearing oversold conditions. This could signal an opportunity for a relief bounce if buying pressure increases.
What’s Ahead?
Both SUI and SEI are positioned at pivotal support levels, and their ability to hold these zones will determine their short-term direction. Broader market conditions, especially Bitcoin’s stability, will play a crucial role. Bitcoin’s ability to stay above the $91K–$94K support range will significantly impact altcoins, including SUI and SEI.
BTC dominance, currently at 58.38%, is nearing a key resistance level within a falling wedge structure. Historically, rejections at this level have provided relief for altcoins.
If dominance is rejected here again, altcoins could see a recovery, potentially benefiting SUI and SEI.

BTC Dominance 1D Chart / Coinsprobe (Source: Tradingview)
However, if BTC dominance breaks out from this wedge, altcoins like SUI and SEI are likely to face further declines.
Conclusion
While both tokens are showing signs of being oversold, the technical setups suggest the possibility of a rebound. However, traders should remain cautious and closely monitor Bitcoin's price action and overall market sentiment.
Get more updates on: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.
#Altcoins #NFA

Date: Sun, Jan 12, 2025, 09:18 AM GM
Despite the ongoing correction in the cryptocurrency market, two altcoins—Prom (PROM) and Ethernity Chain (ERN)—have captured the spotlight with significant price movements. While PROM has surged by an impressive 34% following a key breakout, ERN has risen over 4%, hinting at the possibility of a similar move.

Source: Coinmarketcap
Prom (PROM)
$PROM is showing strong momentum after breaking out of a long-standing descending triangle pattern that had been in play since March 2024. Today’s rally saw PROM breach the critical resistance level at $6.70, propelling its price to current level of $7.30. At this point, PROM could attempt a retest of this breakout before moving toward to its the next resistance level at $7.87.

Prom (PROM) Weekly Chart/ Coinsprobe (Source: Tradingview)
Should PROM manage to break above this level, it could pave the way for further upside toward $13 and $16, offering significant potential for gains.
Technical Indicators:
The MACD (Moving Average Convergence Divergence) has turned bullish, signaling growing momentum.The RSI (Relative Strength Index) is hovering in the neutral zone, indicating room for further upside without being overbought.
Ethernity Chain (ERN)
$ERN appears to be following in PROM’s footsteps, forming a descending triangle pattern similar to PROM’s earlier setup. This pattern has been in place since the last bull run of 2021. Currently trading at $2.38, ERN is inching closer to its upper resistance trendline.

Ethernity Chain (ERN) Weekly Chart/ Coinsprobe (Source: Tradingview)
A breakout above this resistance, followed by a successful retest, could propel ERN toward the next resistance level at $3.86, representing a potential 56% gain from current levels. If the momentum continues and ERN clears this hurdle, it could target the $8.75 resistance zone, marking an even more significant upside.
Technical Indicators:
The MACD is on the verge of a bullish crossover, indicating growing buyer strength.The RSI remains balanced, suggesting there’s still room for upward movement before entering overbought territory.
Conclusion
The recent price action of PROM and ERN highlights their potential to deliver significant gains in the near term. PROM has already confirmed a bullish breakout, with strong momentum driving it toward higher resistance levels. Meanwhile, ERN is positioned at a critical juncture, mirroring PROM's earlier setup, and could soon follow with a similar breakout if it overcomes its key resistance.
Both assets are showing encouraging signals on technical indicators, making them worthy of attention for traders and investors looking to capitalize on these emerging opportunities. However, as always, market conditions can change rapidly, so careful monitoring and risk management are essential.
Get more updates on: coinsprobe.com
Disclaimer: This article is for informational purposes only and should not be taken as financial advice. Always conduct your own research before making investment decisions.
#Altcoins #NFA

ate: Sat, Jan 11, 2025, 12:19 AM GMT
In the cryptocurrency market this week, Bitcoin (BTC) faced a sharp downturn, dropping from $102K to its current fluctuating level of $94K.
As Bitcoin stabilizes, notable altcoins and memecoins, including Pepe (PEPE), are showing signs of recovery. $PEPE has regained momentum today, turning green after a week that saw its price decline by more than 14%.

Source: Coinmarketcap
Defending Ascending Channel Support
PEPE is currently consolidating within an ascending parallel channel, indicative of its broader price action trend. The recent downturn saw PEPE drop from $0.00002125 to test the lower boundary of the channel around $0.000017.

PEPE 4H Chart/ Coinsprobe (Source: Tradingview)
Fortunately, PEPE has managed to defend this critical support level and is currently trading at $0.00001805, showing strong rebound potential. Previously, this support zone has served as a springboard for bullish rallies, offering buyers an opportunity to regain control.
Is a Bullish Rebound Imminent?
The technical indicators align with a potential bullish reversal. The Moving Average Convergence Divergence (MACD) indicator on the 4-hour chart shows early signs of a crossover, suggesting a possible shift in momentum.
Additionally, a respected cryptocurrency analyst, @ChandlerCharts, recently compared PEPE's current movement to its price action in early 2024. A similar corrective phase was followed by a significant bullish rally, hinting at the possibility of history repeating itself.

Source: @ChandlerCharts (X)
Market Influence and Broader Trends
While PEPE demonstrates strong technical support and bullish potential, its future largely depends on broader market conditions. Bitcoin’s dominance remains at 58%, and its ability to hold the $91K–$94K range will likely influence memecoins movements, including PEPE.
Get more updates on: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#PEPE‏ #NFA

Date: Sat, Jan 11, 2025, 03:46 PM GMT
In the cryptocurrency market, after a bearish December, January has proven to follow its historically challenging trend. This week, Bitcoin (BTC) experienced a sharp drop from $102K to its current level near $94K. The rise in BTC dominance above 58.15% triggered a broader altcoin and memecoins decline, causing notable corrections across the market.
Among the top memecoin, Dogecoin (DOGE) faced significant pressure, dropping over 14% in the past seven days. As of today, $DOGE is trading at $0.33, showing resilience amid the ongoing market downturn.

Source: Coinmarketcap
Whale Activity Soars
Despite the market corrections, Dogecoin whales have shown strong confidence in the token’s recovery. According to crypto analyst @ali_charts, over the past 48 hours, large wallets have accumulated approximately 470 million DOGE, valued at $155 million at the current price of $0.33.

Source: @ali_charts (X)
This surge in whale activity signals optimism for DOGE’s long-term potential and recovery prospects.
Fibonacci Levels Signaling Major Rally
Dogecoin’s recent price action aligns closely with its historical patterns. After a strong rally from $0.15 to $0.48 in late 2024, DOGE is now undergoing a healthy correction. This pullback mirrors previous cycles in which the token consolidated near key Fibonacci retracement levels before initiating another breakout.

Source: @_CryptoSurf( X)
Crypto analyst @_CryptoSurf highlights that DOGE is currently trading near the 0.618 Fibonacci retracement level at $0.33, a critical zone for reversals. Historically, Dogecoin has exhibited explosive rallies from similar levels. If this pattern repeats, DOGE could see a major upside move in coming months.
However, for this bullish scenario to materialize, the broader cryptocurrency market must stabilize. Bitcoin’s ability to maintain its support zone between $91K and $94K will play a crucial role in determining DOGE’s next direction.
Conclusion
Dogecoin’s whale accumulation and proximity to key Fibonacci levels suggest the potential for a major rally. However, the broader market sentiment, heavily influenced by Bitcoin, remains a determining factor. Traders and investors should watch BTC’s movements closely while keeping an eye on DOGE’s ability to hold above $0.33.
If Bitcoin stabilizes and Dogecoin breaks out of its current consolidation phase, the memecoin could regain momentum and test its December highs. Until then, cautious optimism is warranted as the market navigates through January’s volatility.
Get more updates on: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#DOGE #NFA