Will Dogecoin soar to $1? Traders suggest a 140% DOGE rebound could happen before February
The price of Dogecoin surged 10% on January 17, forming a higher value of $0.42 on the daily chart. A candle closing above $0.40 would indicate a strong trend reversal for the meme coin, which has been consolidating between $0.45 and $0.30 since November 11. The price rose 10% on January 17, forming a higher value of $0.42 on the daily chart. A candle closing above $0.40 would indicate a strong trend reversal for the meme coin, which has been consolidating between $0.45 and $0.30 since November 11.
Cryptocurrency trader and investor Daan Crypto emphasized that DOGE's recent price breakout is the result of two accumulation phases between $0.30 and $0.33. At the beginning of 2025, DOGE experienced a swing failure pattern (SFP), pushing the price down again below $0.40.
However, the recent retest and rebound above $0.35 has laid a solid foundation for further gains in Dogecoin. The trader said,
"This is stronger than most coins in the second flush, with $BTC, $ETH, and many other tokens hitting new lows in this week's flush, while DOGE set a higher low and traded within its local range."
As the market shows clear momentum brewing, anonymous crypto commentator WSB Trader stated that the meme coin has over a 60% chance of reaching $1 before the end of January. The trader added,
"Do not underestimate Elon Musk, the richest person on earth, and Donald Trump, the most powerful man on the planet—President of the United States."
Similarly, cryptocurrency investor Johnny told his 785K followers that retail influence on DOGE could be similar to their impact on XRP. Investors believe that once the meme coin gains popularity, it will move "fiercely" again, reaching the psychological level of $1. #DOGE #特朗普上任前风向分析
Dogecoin (DOGE) open contracts surge, $0.39 target price is within reach, is the crypto market about to change?
Data shows that Dogecoin's open contracts and price continue to rebound, driving investor optimism and leading to a breakthrough of multiple resistance levels.
Currently, Dogecoin's open contracts have reached $4.7 billion, indicating sustained market interest in the token.
According to CoinGlass, Dogecoin's open contracts increased by nearly 10% in the past 24 hours, pushing the market value of the token to $4.74 billion.
The current long-short ratio is 0.9964, suggesting an increase in bearish positions, but the slight rise in volume-weighted funding rates (0.0098%) indicates that investors are willing to pay a premium to maintain bullish positions. This derivatives data supports the continuation of Dogecoin's upward trend.
Dogecoin's price is currently above its 23.62% Fibonacci support level, indicating that the price is still maintaining upward momentum.
Despite facing some downward pressure, the token has successfully recovered and shows strong bullish momentum. The price of DOGE is close to the 50% Fibonacci retracement level, trading at around $0.3675, with a series of bullish candles indicating further upside potential.
Technical indicators for Dogecoin further suggest a bullish trend. DOGE has broken above the 200-day Exponential Moving Average (EMA) and surpassed the 38% Fibonacci retracement level, increasing the likelihood of a positive crossover.
Additionally, DOGE's 4-hour RSI (Relative Strength Index) is nearing the overbought territory, further supporting the possibility of continued price increases. #DOGE #莱特币ETF通过预期
Solana SOL Gains 13% This Week, When Will It Hit $250?
Solana’s native SOL cryptocurrency recently broke through $200, having surged 13% last week.
The cryptocurrency market has faced two major corrections in the past month, including SOL. In December 2024, the market fell as U.S. inflation data rose to 2.7%. However, with Donald Trump becoming the next U.S. president, the cryptocurrency market is rebounding. His upcoming presidency also brings with it the expected cryptocurrency regulation, which is much better than previous administrations. As a result, crypto experts expect the industry to grow further in 2025.
At press time, the altcoin market is mostly up, with select coins that are potential ETF targets especially rising. XRP and Solana are leading the way, having recently broken through $200 and $3, respectively.
According to CoinCodex, Solana is on the verge of setting a new high of $230. As of now, Solana is currently at $212, up 24% in the past 5 hours. 2024 is particularly lucrative for the coin, as Solana has been the go-to for central memecoin launches and activity. Now, SOL could soon hit $232 by the end of January or the first/second week of February, opening the door to the new year.
Looking ahead to later in 2025, SOL could rise to $250 or even surpass its all-time high of $263. According to Changelly, SOL could reclaim its $263 peak in April 2026.
The platform projects a potential peak trading price of $264.56 for the asset in April 2026. Many crypto experts expect this spring to be the next “altcoin season.” The altcoin season could start earlier, after the U.S. inauguration on January 20, and peak in April. #solana
Focus on XRP: 4 altcoins are expected to see explosive growth of 12,000%
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With its groundbreaking roadmap and innovative features, BigBossInu is expected to see explosive growth in the short term. BigBossInu raised $100,000 in a few minutes! Use the code EXTRA50X to get an additional 50% bonus for a limited time.
Solana (SOL) has a clear upward trend and is expected to break through the $95 resistance level. Solana is currently trading at $92.1, up 5% in the past 24 hours. The relative strength index (RSI) shows strong buying pressure, indicating that there is momentum for further gains. If SOL breaks through the $95 resistance, analysts expect its price to rebound to $143 and may even climb to $200.
Polygon (MATIC) becomes increasingly critical in the Ethereum ecosystemPolygon has become an important component of the Ethereum ecosystem, providing Layer-2 scaling solutions that help ease congestion and reduce gas fees. Polygon (MATIC) price rose 3.7% as a surge in on-chain activity indicates a possible market recovery.
Kaspa (KAS) Emerges as an Emerging Blockchain PlatformKaspa is an emerging blockchain platform known for its innovative Proof of Work (PoW) consensus mechanism. Kaspa enables high-speed and energy-efficient transactions, making it an ideal choice for developers and users who seek scalability and sustainability.
On the eve of Trump's inauguration: Financial market turmoil intensifies, Bitcoin becomes the focus asset
In a few days, the inauguration of President-elect Trump will be held. However, what is giving American billionaires and CEOs a headache this year is that the World Economic Forum will also open in Davos, Switzerland on the same day as Trump's inauguration (January 20). According to Business Insider, this "clash of dates" has forced many billionaires and CEOs to make a choice, but Trump's inauguration has obviously become a more popular choice. Trump's inauguration will be held in Washington, D.C. at noon Eastern Time on January 20, and at 3 p.m. on the same day.
Dogecoin (DOGE) Network Activity Rises, Is a Breakthrough at the Key Level of $0.37 Imminent?
Dogecoin (DOGE) is currently maintaining around the important level of $0.37, with key technical indicators and active network activity suggesting a potential breakthrough in the future.
At present, the price of Dogecoin fluctuates near the significant resistance zone of $0.36689, which aligns with the 0.236 Fibonacci retracement level. Historical data indicates that this price range poses a challenge to the upward trend.
The 50-day moving average (MA) is at $0.37128, becoming the next immediate resistance, while the long-term 200-day moving average is at $0.20570, serving as a crucial support level.
Additionally, DOGE's price structure shows that the key resistance level is at the 0.236 Fibonacci retracement level ($0.36689), with subsequent resistance at $0.39879 (0.0 Fibonacci level). A breakthrough of these levels could drive DOGE to continue rising, ultimately challenging the psychological barrier of $0.40. The Directional Movement Index (DMI) current readings are 18.0543/22.8632/20.5726, indicating a neutral trend. Meanwhile, the stochastic RSI is at 65.95/53.34, showing that there is still room for further upward movement before entering the overbought zone.
The volume curve indicates that a significant support level has formed near $0.33015, coinciding with the 0.5 Fibonacci level. Meanwhile, $0.28968 (0.618 Fibonacci) also provides additional support. These support levels collectively enhance DOGE's upward potential.
If the price breaks above $0.40000, it could propel a rebound to $0.45000, while technical support at $0.31355 provides assurance for a pullback.
Staying above the 50-day moving average and successfully breaking through the resistance level of $0.40000 is crucial for DOGE's subsequent trend.
The 1st time BTC reached 100,000 USD, ETH was 4,000 USD The 2nd time BTC reached 100,000 USD, ETH was 3,900 USD The 3rd time BTC reached 100,000 USD, ETH was 3,700 USD The 4th time BTC reached 100,000 USD, ETH was 3,300 USD
Hey guys, what happened to Ethereum in this bull market?
Will Shiba Inu Coin's price rise to 1 USDT? Here are three cryptocurrencies with tenfold growth potential.
The enormous circulating supply of Shiba Inu (over 589 trillion tokens) remains the biggest obstacle to reaching 1 USDT. Achieving such a price would require a market cap of 589 trillion USDT, which is widely considered unfeasible in the short term. However, the technical indicators for SHIB have shown resilience. The token is currently trading above the 200 EMA, priced at 0.00002150 USDT, which may support future upward movements.
Recent activity from large holders has also boosted SHIB's momentum, with 220 billion SHIB tokens leaving major exchanges like Binance, indicating renewed buying interest. Analysts predict that if this momentum continues, SHIB could test the key resistance levels of 0.00002270 USDT and 0.00002400 USDT.
Dogecoin (DOGE) remains a popular meme token, currently priced at around 0.3512 USDT. Even as the broader market faces pressure, Dogecoin has shown resilience, avoiding significant declines. Its recent momentum is attributed to activity from major stakeholders and mentions on social media, particularly by Elon Musk.
Data shows that DOGE's trading volume continues to increase, with bullish positions dominating its derivatives market. Technical indicators suggest potential bullish momentum, with DOGE testing the 0.36 USDT resistance level, aiming to rebound to 0.40 USDT. Analysts predict that with continued community engagement, Musk's influence, and potential developments in the cryptocurrency market, DOGE could reach 1.5 USDT by the end of 2025.
Cardano (ADA) has regained attention by rising above 1 USDT. Currently, ADA is trading at around 1.05 USDT, showing stable performance driven by its expanding ecosystem and growing utility. Recent developments such as the Plomin hard fork have enhanced Cardano's governance and smart contract capabilities.
Additionally, ADA buyers have accumulated over 100 million tokens in just 48 hours, indicating renewed confidence in the token. The open interest in ADA futures has also increased, suggesting heightened market activity. Analysts state that as long as ADA maintains support above 0.85 USDT, its target in the coming weeks could be 1.45 USDT. #SHIB #DOGE #ADA
Bitcoin stopped at more than 90,000 US dollars, and the altcoins broke out and entered "crazy mode"?
Looking back at the past, Bitcoin has experienced a period of depression, and altcoins have been falling all the way under its shadow. The endless decline has made many investors confused and anxious. Especially new investors, as if they are in a fog, are full of worries that once Bitcoin falls below 90,000 US dollars, will altcoins fall further into the bottomless abyss. This unfounded speculation is just like the typical symptoms of "novice anxiety disorder". Their thinking seems to be still imprisoned by the market trend from April to September 2024, and it is difficult to break free.
However, the current market is quietly undergoing profound changes. With the rise of A shares and the correction of gold, a large amount of funds began to flow out. Hot money in the traditional financial market is like a shark that smells blood. Under the promotion of major media and Trump's high-profile official announcement, they have flocked into the field of cryptocurrency.
The injection of this new force has injected new vitality into the currency circle. The trend of Bitcoin and sub-mainstream currencies has become stronger, and the transaction amount has steadily increased, gradually surpassing the level of the same period. This is undoubtedly a strong signal that the bull market is about to come.
Musk, the topic maker in the currency circle, has once again set off waves in the market. His every move is like a fuse, igniting the market's enthusiasm for speculation. But for the experienced old leeks, this is just an ordinary "appetizer" in the crazy feast of the currency circle.
Musk is well versed in the way of going with the flow. Behind each of his sensitive operations, there is a careful plan. In the special field of the currency circle where information spreads virally, his influence is magnified geometrically, further disrupting the original rhythm of the market.
In this complex market environment, market views are as diverse as stars. But experience tells us that news is often just a screening mechanism, the purpose of which is to eliminate those investors who attempt to take shortcuts and blindly gamble. Only when these impetuous participants leave the market, the real big market will emerge like a butterfly emerging from its cocoon.
The wheel of history rolls forward. Although the pace of the bull market is sometimes slow, it is unstoppable. This is the iron law of the development of the cryptocurrency market. #BTC重回10万 #XRP突破新高?
Dogecoin (DOGE) bucks the trend, will the price rise steadily in 2025?
Traders are extremely bullish, and Dogecoin has been able to maintain a stable level above $0.30, largely due to their enthusiasm. On the Binance platform, the long-to-short ratio of DOGE/USDT is as high as 4.22, which means that long positions far outnumber shorts. It is worth noting that 80.83% of Binance's top traders hold long positions, and only 17.17% of traders still hold short positions.
In the past 24 hours, DOGE trading volume has surged by 90%, which further highlights people's confidence in its potential.
Long-term holders are also confident in DOGE, and they see the recent price drop as a good time to buy the cryptocurrency. Spot inflow/outflow indicator data shows that the exchange recorded an outflow of DOGE of more than $45.05 million. The decline in foreign exchange reserves means that selling pressure may decrease, creating conditions for price increases.
In addition to the rapid expansion of its application in mainstream fields, the active development work led by the Dogecoin Foundation also makes its appeal not to be underestimated. Recent cooperation results and the implementation of practical applications, such as being accepted as a payment method by some merchants, have consolidated Dogecoin's position in the market and further strengthened investors' confidence in it. #Doge🚀🚀🚀 #BTC重回10万
Principles to Understand for Sustainable Growth in Cryptocurrency:
1. Focus on long-term value rather than short-term gains 2. Diversify your portfolio 3. Avoid emotional decision-making 4. Take profits when the situation improves 5. Only invest disposable income
Changpeng Zhao: The invisible tycoon of the global crypto empire, his real net worth is far beyond imagination!
You may know that he is the founder of a cryptocurrency exchange, or you may have heard that he is a successful investor, but you absolutely cannot imagine how much this man named Zhao Changpeng is worth!
Exchange: a money printing machine that makes a fortune every day!
As the world's largest cryptocurrency trading platform, Binance's daily trading volume easily exceeds one trillion RMB. Even in bad market conditions, its daily trading volume still exceeds the sum of its four major competitors!
As the founder of Binance, Zhao Changpeng holds 30% of the platform's shares. The 0.075% of transaction fees he takes every day is as high as 750 million RMB! This is just the tip of the iceberg!
Reaching 100,000 again! Can Bitcoin be defeated in one blow? Altcoins rebound across the board! Investing in two altcoins may explode 100 times in the future!
After two months, the price of Bitcoin is still 100,000. Has your position increased or decreased? Bitcoin has now broken through 100,000 yuan and successfully digested the locked-in orders formed in the range of 97,000 to 100,000 yuan during the decline on January 7. From the perspective of the relationship between volume and price, the rising volume in the past three days is significantly higher than the rising volume from December 31 last year to January 6 this year, which further confirms that the rise of the fifth sub-wave of the fifth major wave has already started, rather than just a rebound. However, it is still in the early stages of the fifth sub-wave, and the rising volume is significantly lower than that in November last year, and is similar to the volume in the early stages of the third sub-wave in mid-October last year. This shows that the current buying power of Bitcoin is still insufficient, and the possibility of breaking through the previous high in the short term is small. There may be a correction before and after Trump takes office.
CPI Meets Expectations, Bitcoin Soars 'Breaking $100,000' Will There Be a Significant Drop Before Trump's Inauguration? What If You Missed Out?
Yesterday (15th) around 9:30 PM, with the release of the U.S. Consumer Price Index, Bitcoin quickly surged from the $96,000 level to nearly $100,000. At 4 AM today, it even briefly broke $100,000, reaching a high of $100,866, with a maximum increase of 4.1%. According to Coinglass data, the liquidation amount in the last 24 hours reached $355 million, with the main liquidations being short positions, totaling $226 million. Bitcoin continues to break through $100,000 amid poor overall economic conditions, bringing market sentiment to a relatively greedy moment. However, experts indicate that the market's short-term wait-and-see sentiment has been somewhat released, but it has not broken this year's high, suggesting it may enter a consolidation period for a while. As of the time of writing, it is reported at $99,469, with a nearly 24-hour drop narrowing to 1.84%.
Yesterday, BTC traded sideways at high levels during the Asian session until the CPI data was released in the evening. Aside from most CPI data meeting expectations, the core CPI monthly growth rate was below expectations. Therefore, the market reacted strongly.
For the market, this seems to be a "spring" effect; the bulls have been suppressed for too long, and the accumulated sentiment has been released at this moment. After the US market confirmed the rise in stocks, the cryptocurrency market continued to rise, reaching a high point of over 100,000 this morning during the Asian session. The market then corrected, with Bitcoin pulling back to the 99,500 range and Ethereum to the 3,350 range.
Most altcoins also followed the correction, but the magnitude of the pullback was relatively small. I believe bullish sentiment still exists; this pullback should be just that—a pullback and not a reversal, and this round of increase has not yet reached its peak. There are three reasons why it has not reached the peak:
First: From the 16th to the 20th, there is no macro data to suppress it, and there is no risk of macro reversal, allowing bullish sentiment to continue.
Second: The three-day line has already bottomed out before this round of rebound; if it is a three-day line level rebound, it should last longer.
Third: The Bitfinex ETH/BTC exchange rate long positions have not exited, so the outlook for the altcoin market should still be optimistic.
The secondary market still needs to focus on and bet on ETH:
ETH is indeed still something to look forward to, and as ETH rises, altcoins can also be expected. As long as the momentum builds, the market will heat up, and the indicators to observe are simple: look at the exchange rate with Bitcoin;
Trump's inauguration emphasizes cryptocurrency, the new SEC chairman has taken office, etc., BTC rises, so ETH rises too, just like before in November-December, but the FOMO driving the rise isn’t strong enough, and then the ETH ETF continues to gain traction, along with the hype around ETH spot ETF staking applications—what else?
As long as ETH gains momentum, the market will heat up, and the indicators to observe are simple: look at the exchange rate with Bitcoin;
Powell's hawkish remarks on interest rate cuts may put some pressure on the market. If the CPI data performs poorly, there may be some bearish scenarios. However, if tonight's CPI data is optimistic, market sentiment may change dramatically, leading to a rapid breakout of Bitcoin above the current resistance levels.
Current recommendations are: (1) More funds from altcoins can be shifted to Bitcoin; (2) Maintain a certain position to prepare for bottom fishing during a second dip. If tonight's CPI data is poor and the market experiences a pullback, the following levels can be used as references for bottom fishing.
First line: $96,000: This is the first bottom-fishing level, and it is recommended to enter in batches. Second line: $92,000 to $94,000: This line could become a key bottom-fishing position, worth paying attention to. Third line: $89,000 to $87,000: If it pulls back to this range, it will be the best bottom-fishing opportunity in recent times. (This may not occur, so we still recommend placing orders in batches.)
About how to stop profit (only limited to this wave of bottom fishing):
① If you are doing short-term
Have a clear understanding of yourself, I think it is okay to stop profit closer to the pressure level;
② If you are doing long-term swing trading
There are two ways, the first is to protect the principal and loss, the second is to increase the position when it goes down.
In general, during this time, my personal strategy is to hold the position at the pin position and wait for opportunities. If there is no particularly good position, I will not increase the position for the time being, but I have not considered stopping profit for the time being. After being beaten up, I have to eat something good, right?
Dogecoin (DOGE) Bullish Forecast: Entering a New Bull Market Cycle, Target Price May Break $1
I am optimistic about the future of Dogecoin, predicting that this leading memecoin will rise above $1 in the new bull market cycle. Dogecoin has recorded greater gains in every historical bull market cycle, and if history repeats itself, DOGE could rise again by more than 60 times, reaching $1.
According to data analysis, Dogecoin rose 90 times and 306 times in the bull markets of 2017 and 2021, respectively. I believe that DOGE is currently in a critical phase of forming a strong rebound, and a significant rise may follow.
Long-term bullish expectations are strong, and I am also paying attention to the potential for DOGE price to break through its historical high of $0.73 in the short term.
I think Dogecoin may break out of its current symmetrical triangle pattern, and Trump's inauguration could become a catalyst for a price breakout.
As long as Dogecoin maintains above $0.26 and trades within a bullish descending channel, DOGE is expected to break through to a target of $1.30.
In the short term, Dogecoin may rebound to $0.36 and have a chance to re-break $0.40.
Despite the recent price decline in the crypto market, the outlook for Dogecoin remains bullish
The bull market hasn't ended! The top 3 20x altcoins to buy at the bottom!
DOGE
A single tweet can send the price of Dogecoin soaring; this kind of attention is unmatched by other coins. More and more merchants are accepting Dogecoin as payment, and the demand is increasing. If market sentiment turns positive, with its existing fan base and recognition, a price doubling is not a dream.
XRP
In the financial sector, Ripple has already connected with several major international banks, and the future looks bright. Once the legal disputes with the U.S. Securities and Exchange Commission (SEC) are resolved, market confidence will return immediately, and a price surge is not out of the question.
Sui
This public chain's new technology has attracted investments from big players like a16z and Coinbase, and its ecosystem is becoming increasingly complete. In the fields of Web3 and DeFi, Sui is a star project. Once the ecosystem thrives, its value will increase significantly, and the growth potential is enormous!