Analyst Reveals The ‘Truth’ Behind This Dogecoin Price Rally

The Dogecoin price is up almost 150% since the start of this month, as the foremost meme coin continues to enjoy a massive bull run. Crypto analyst Alan Santana has provided insights into what is driving this rally and whether it is sustainable.
What Is Driving The Dogecoin Price RallyIn a TradingView post, Alan Santana alluded to DOGE’s monthly chart to show what is truly driving the Dogecoin price rally. He noted that this month is a bullish breakout month and the first strong green month since the 2021 bull run.
The analysts specifically cited January 2021, when a similar action occurred, with a “very strong bullish phase” following.
In line with this, Santana stated that just because the Dogecoin price is seeing this strong growth doesn’t mean this is the end. Instead, the analyst stated that this very strong growth signals the beginning of the bullish cycle, so investors can expect more parabolic rallies for Dogecoin ahead.
Santana asked those in doubt to zoom out on the monthly chart. He revealed that this monthly session has the highest volume since 2021.
Furthermore, the analyst mentioned that this month broke a long-term resistance and descending trend. Lastly, he said that this month ended a three-year consolidation period for the Dogecoin price.
The analyst noted that this three-year consolidation can lead to a very strong bull market, which is exactly what is playing out. As such, Santana reaffirmed that no matter how high the Dogecoin price goes this month, it is only the start.
In the short term, the analyst warned that there can be swings and shakeouts, and even a strong correction can develop along the way.
However, Santana claimed that such corrections are good as they will be used as an opportunity to take profits when at resistance and rebuy and reload when at support. He added that the Dogecoin price has much more to give and that there is no limit as to how high prices can go.
Most Explosive Leg Still Ahead
In an X post, crypto analyst Kevin Capital echoed a sentiment similar to Alan Santana, suggesting that the most explosive leg could still be ahead for the Dogecoin price.
This came as he highlighted the stage Dogecon’s price and Relative Strength Index (RSI) currently are on the monthly timeframe in relation to previous bull cycles.
He claimed that if this Dogecoin price level and RSI hold, there is a long way to go in this DOGE bull run, and the most explosive leg is still ahead.
Crypto analyst Trader Tardigrade recently predicted that the Dogecoin price could rally to $8.7 by August 2025 if it mirrors the 2017 bull run or rally to $30 by March 2025 if it follows the 2021 bull run.
At the time of writing, the Dogecoin price is trading at around $0.40, down over 6% in the last 24 hours, according to data from CoinMarketCap.
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VeChain [VET] price prediction: Will $0.037 support spark recovery?

VET’s breakout from the descending channel faced a $0.037 retest.
Technical indicators and bearish sentiment signaled consolidation before any potential recovery.
VeChain [VET] has experienced a sharp retracement after breaking out of its long-standing descending channel. The altcoin was trading at $0.03866, down 11.47% in the last 24 hours.
While the breakout initially signaled a positive shift in momentum, the recent price movement suggested caution, as VET appeared to be heading toward a critical retest of the $0.037 support level.
The next few sessions could determine whether VET regains bullish momentum or faces extended consolidation.
Can VET hold the $0.037 level?
The breakout from the descending channel was a significant development for VET. However, the retracement toward the $0.037 level highlighted the market’s uncertainty.
If this level holds, it could act as a foundation for the next move toward the $0.05 resistance.
Additionally, the 50-day SMA at $0.02566 and the 200-day SMA at $0.02659 were moving closer to forming a golden cross. Historically, such crossovers are bullish indicators.
Therefore, maintaining the $0.037 level is crucial to preserving upward potential.
What do technical indicators say?
The RSI for VET was 63.03 at press time, slightly below the overbought threshold. While this reflected positive sentiment, the recent dip aligns with the price retracement, indicating reduced bullish pressure.
Meanwhile, the MACD’s bullish histogram was narrowing, suggesting momentum is fading.
The signal line was also nearing a bearish crossover, which could lead to short-term downward pressure.
Consequently, technical signals suggested that VET may consolidate further before attempting a breakout toward higher levels.
Are traders leaning bullish or bearish?
Market sentiment appeared tilted toward caution at the time of writing, as indicated by the Long/Short Ratio. 54.31% of traders held short positions, while 45.69% favored longs.
This imbalance suggested a lack of confidence in immediate upside potential, as traders anticipated further downside before a recovery.
Consequently, the $0.037 support will be a critical battleground between bulls and bears in the coming sessions.
What does development activity reveal?
On-chain data shows a slight dip in VeChain’s development activity, which was at 4.89. While this is still a healthy level, the decrease from recent highs may undermine investor confidence.
However, steady development efforts could reassure long-term holders if the development activity stabilizes or improves.
VeChain’s trajectory hinges on the $0.037 support level. If this level holds, a recovery toward $0.05 remains possible, supported by the incoming golden cross.
However, failure to maintain $0.037 could lead to extended consolidation or further downside. The coming days will be critical in shaping VET’s short-term outlook.
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Crypto market’s weekly winners and losers – XLM, HBAR, WIF, BONK

Stellar, Hedera, and Tezos were the biggest gainers in the past week.Popcat, dogwifhat, and Bonk ended the week as the biggest losers.This week has been eventful for the cryptocurrency market, with significant price movements shaping the dynamics of the top 100 digital assets by market capitalization.
While some tokens soared to new heights, others struggled under market pressures.
Biggest winnersStellar [XLM]Stellar Lumens [XLM] has dominated the market this past week, emerging as the top-performing cryptocurrency with an incredible 190% surge.
Over the last seven days, XLM’s price action was marked by steady gains followed by rapid acceleration, particularly after crossing the psychological $0.30 mark.
However, it started the week at around $0.19 before gaining momentum. At the end of the week, it saw a 53.40% spike, which took its price to around $0.52.
Trading at $0.58 at press time, XLM has shown remarkable bullish momentum, driven by strong market sentiment and sustained buying activity.
The daily chart reveals a parabolic move, with XLM breaking multiple resistance levels. The 50-day and 200-day SMAs at $0.14 and $0.10 were decisively breached earlier this week, triggering a golden cross.
The RSI stands at 94.98, deep into overbought territory, suggesting the possibility of a short-term correction as traders lock in profits.
Meanwhile, the Chaikin Money Flow (CMF) indicator remained positive at 0.40, reflecting robust inflows of capital into XLM, which could sustain its bullish trajectory in the near term.
Hedera [HBAR]Hedera Hashgraph [HBAR]  has had a stellar performance over the past week, marking a remarkable 76% price increase, positioning it as the second-highest gainer in the crypto market.
A look at its price trend showed it started the week at around $0.08, but a 60.19% spike on 18th November took its price to around $0.14.
It witnessed uptrends and downtrends during the week but ended the week at around $0.15. HBAR was trading at $0.152 at press time, reflecting sustained bullish momentum.
However, its volume has declined by over 26% in the last 24 hours, with data showing it at $1.5 billion as of this writing. Its market capitalization was almost $5.8 billion as of this writing.
Tezos [XTZ]Rounding up the top gainers in this category is Tezos [XTZ], making it its second week as a top gainer. According to data from CoinGecko, XTZ gained over 69% in the past week.
Its price trend showed it started the week with an over 8% decline at around $0.79. However, a spike of over 47% took its value to around $1.17 the next day.
Like HBAR, its price fluctuated subsequently but ended the week at around $1.15, after an over 2% increase.
As of this writing, it has seen another massive increase with an over 22% spike, and its price was at $1.4.
Its trading volume has spiked by over 63% in the last 24 hours and is now over $380 million. Its market capitalization is around $1.4 billion.
Top 1,000 gainersOutside the top 100, this week’s top gainer, Big Dog Fink [BINK], surged by over 690%.
The second and third-largest gainers were Dolos The Bully [BULLY] and We Love T*ts [TITS], with over 401% and over 258% increases, respectively.
Biggest losersPopcat [POPCAT]Popcat [POPCAT] has faced significant selling pressure over the past seven days, emerging as the biggest loser in the market with an over 18% drop in value.
AMBCrypto’s analysis of its price trend showed it started the week positively with an over 9% increase, taking its price to around $1.9.
However, POPCAT saw sharp declines subsequently, ending the week at around $1.4. The price was trading at around $1.48 with a weak uptrend attempt, but it remained below critical price zones.
Its volume was around $128 million, with an over 26% decline in the last 24 hours. Also, its market capitalization was around $1.46 billion as of this writing.
dogwifhat [WIF]Dogwifhat [WIF] has encountered a turbulent week, recording a significant 14% decline over the past seven days, making it the second-largest loser in the market.
In the last seven days, WIF has failed to sustain above its critical psychological level of $3.50, triggering increased selling activity.
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