The Dogecoin Price Could Reach This High If It Mirrors Past Bull Cycles
If Dogecoin replicates its prior bull runs, crypto expert Trader Tardigrade predicts a price increase. DOGE, the leading meme currency, became the sixth-largest crypto by market cap after its recent rally.
Possible Dogecoin Price Increase
Trader Tardigrade said on X that Dogecoin's price would match prior cycles and how high it may grow based on bull cycles. The crypto researcher estimated Dogecoin will reach $8.7 by August 2025 if it replicates its 2016 bull run. He noted that DOGE might reach $30 by March 2025 if it continues its 2021 bull run.
Dogecoin might rise if it matches the 2021 bull run, which saw a considerably greater increase than in 2016. Trader Tardigrade said Dogecoin would peak sooner this cycle if it replicates the 2021 bull run.
Since the bi-monthly RSI has reached 2020 levels, the crypto expert also predicted that Dogecoin's price might replicate the 2021 bull run. A 10,000% price growth from DOGE's current level to $30 is possible. Since the meme currency has exceeded in every bull run, its profits in this market cycle may be bigger.
DOGE to Reach $10
Crypto expert Dima James predicted a $10 Dogecoin price in an X article. He observed that Dogecoin has established an inverted head-and-shoulders pattern every cycle before a major rise. After breaking over the weekly resistance neckline in 2016, meme coin climbed 3,300% and 12,000% in 2021.
The expert predicted a repeat. He said market players can anticipate enormous bullish movements followed by large pullbacks until 2025. He stated that a large trade volume rise should boost Dogecoin prices.
The analyst's graphic suggested that Dogecoin might grow to $36, slightly beyond Trader Tardigrade's forecast, assuming it duplicates the 2021 bull run. Crypto expert Olivier anticipated that Dogecoin might rebound to $32 in this bull run and that a fresh ATH was only weeks away.
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Will Avalanche (AVAX) start a rally?
Avalanche (AVAX), one of the major altcoins, gained nearly 40 percent in the Bitcoin-driven bull market.
While the US presidential elections carried the Bitcoin (BTC) price to new records, it was noteworthy that major altcoins stayed away from the potential rally. Many major altcoins, especially Ether (ETH), could not approach their all-time highs.
In the crypto market, which has risen under the influence of Trump, all eyes turned to AVAX. AVAX has increased by nearly 40 percent in the last week.
AMBCrypto signaled that the $AVAX price could rise further.
Avalanche (AVAX) price analysis
According to AMBCrypto's technical analysis, AVAX gained momentum by breaking through a strong resistance point at $ 30. According to the analysis, the resistance break in question could lead AVAX to its next price target.
AVAX managed to break through the resistance of the 200 exponential moving average (EMA) on the daily timeframe. AVAX’s market sentiment turned to an uptrend with the breakout of the EMA.
The analysis included the following statements;
“If AVAX can close above $32, it can reach $42.5 in the coming days. This target means a growth of 35 percent.”
The analysis predicted that current market conditions could easily carry AVAX to $42.5.
According to Coinglass, 58.3 percent of AVAX investors have long (bullish) positions. On the other hand, the rate of traders who open transactions that the price will fall is at 41.7 percent.
According to CoinGecko data, AVAX price increased by 0.4 percent in the last 24 hours. $AVAX records an average trading volume of $1.15 billion.
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As Bitcoin once broke through $88,000, the total market value of cryptocurrencies hit a record high, now at $3.071 trillion, 1,099 days later, surpassing the previous high of $3.069 trillion on November 9, 2021. https://www.coingecko.com/en/global-charts
NodePay Airdrop is Coming!
The larger Depin mining oak Nodepay is aiming to release its tokens and airdrop quickly in this bull market, and today, Nodepay's official Twitter announced the largest airdrop ever on the Sol chain, aiming to surpass the scale of smaller airdrops. To ensure you receive the airdrop, you need to obtain this badge: Proof of Humanhood, by binding your email, Twitter, and Discord.
Never Missed Massive Airdrop Powered By Solana. #Solana_Blockchain
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Bitcoin's recent surge has captured market attention, raising questions about the peak of this bull cycle. Two key network metrics offer insights.
Firstly, "Bitcoin Active Addresses (7D)" indicates the number of active wallets. Currently, 1 million addresses are active daily, below the past peak of 1.2 million, suggesting on-chain transactions are not yet overheated.
Secondly, "Bitcoin Total Fees (7D)" reflects transaction fees in USD. Historically, peaks saw fees around $25 per transaction, while now they are stable at $1.21. This stability, alongside scalability efforts, suggests potential for further network activity and price growth.
Positive trend in Ethereum (ETH): What's the next target?
The Ethereum (ETH) price has made altcoin investors happy by showing a significant increase after weeks of consolidation. The crypto market gained upward momentum after the US elections, strengthening bull season signals. Ethereum, the flagship of altcoins, has risen above the $ 3,100 level for the first time in the last 14 weeks. This rise has attracted the attention of analysts, increasing the expectation that $ETH may test the $ 4,000 level in the short term.
ETH exceeded the $ 3,100 level, reaching its highest level in 14 weeks and greening the altcoin market. Leading Santiment data shows a significant increase in whale activity. In the recent period, transactions exceeding $ 1 million reached the level of 8,482, reaching the highest level since August 4.
Ethereum’s trading volume also reached an impressive level of $10.4 billion, the highest since August. This development increased confidence that $ETH can continue its rise.
Ethereum took the wind behind it with Bitcoin reaching ATH this week. ETH has increased by more than 28 percent in a week, leaving $3,150 behind. With the current bull trend, $ETH price can be expected to increase by 27 percent to $4,000. Weekly closes above $4,000 could start a new wave of rise towards ATH.
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