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#BTC #crypto #cryptocurrecny

Top 6 Cryptocurrencies Trading Above Pi/USTD As Investors Seek Growth

Cryptocurrencies have become a focal point for investors seeking new financial opportunities, with thousands of options available in the market. As the landscape evolves, identifying promising assets can be challenging. In this article, we delve into the top 10 cryptocurrencies currently trading above the hypothetical price of Pi/USTD the native pair of Pi Network for comparative analysis.

1. Bitcoin (BTC):
Bitcoin, the king of cryptocurrencies, maintains its dominance, trading significantly above the Pi/USTD price. Its enduring demand and established market position continue to make it a strong contender.

2. Ethereum (ETH):
Ethereum, the second-largest cryptocurrency, thrives on its innovative smart contract capabilities and vibrant decentralized finance (DeFi) ecosystem, leading to substantial growth.

3. Binance Coin (BNB):
Binance Coin, native to the Binance exchange, sees remarkable growth due to its utility within the Binance ecosystem, offering reduced trading fees and access to token sales.

4. Cardano (ADA):
Cardano, a blockchain platform emphasizing secure and scalable infrastructure for decentralized applications, gains traction with its unique approach to peer-reviewed research and sustainability.

5. Ripple (XRP):
Ripple’s digital payment protocol, coupled with partnerships with major financial institutions, positions XRP as a facilitator for fast and low-cost cross-border transactions, attracting investor interest.

6. Polkadot (DOT):
Polkadot’s multi-chain platform, fostering blockchain interoperability, has earned attention for its innovative scalability solutions, reflecting in its impressive market performance.

Crypto Analyst Predicts 800% Rally As Dogecoin Enters Buy Zone

Compared to other meme coins and large caps in the crypto space, the Dogecoin performance has been quite lackluster, to say the least. Even as Bitcoin sets an out toward its previous highs, Dogecoin price has been muted. Bit this could change soon as one analyst sees a reversal coming.

Since falling back below the $0.09 level, the dogecoin bulls have struggled to maintain control of the price. With bearish and selling pressure mounting, the best-case scenario was that the meme coin would once again enter an accumulation zone that could help provide support.

On the 4-hour timeframe, the meme coin showed a lot of strength as a recovery rocked the crypto market. Then moving on to the weekly timeframe, the analyst points out that Dogecoin is currently flashing a buy signal for investors to get back in. This buy signal comes between the $0.078 and $0.084 levels.

Now, the levels highlighted for buying here coincide with the analysis from crypto analyst Skew who explained that the risk-reward above $0.087 is higher for investors who are looking to get in on the asset. These levels could present the best buying opportunity before the next leg-up.

Given the chart position, there is a lot of upside potential for the meme coin going forward in 2024. Some of the developments that could propel this price surge include the fact that Elon Musk’s X is getting ready to launch a peer-to-peer payments platform this year. As always, expectations are that Dogecoin could play a huge role in this.

#dodgec
Crypto Analyst Reveals Why $0.087 Is A Key Profitable Level To Watch For Dogecoin

Crypto analyst Skew has highlighted a particular price level for Dogecoin (DOGE), which could turn profits for those invested in the meme coin. He also shared his thoughts on price levels to keep an eye on when positioning for entry in anticipation of an uptrend for DOGE.

$0.087 Is The Dogecoin Price Level To Watch Out For
Analyzing the daily Dogecoin chart, Skew hinted that there is a better risk-reward above $0.08750 for those who might be looking to get in on the meme coin. The analyst seemed to have a strong conviction about that price level as he made this comment despite noting that there was still a huge HTF range developing on the chart.
Meanwhile, the analyst also highlighted other critical price levels to watch out for. These levels could paint a bullish momentum for the meme coin. He stated that he would be looking for a higher high above the December 2022 high of $0.11 and a higher low around $0.0094 or Doge’s peak in December 2023 when it rose to $0.10.

Considering that DOGE has for a long time maintained a relatively tepid price movement, the meme coin hitting these price levels will mean that a significant rally could be underway. Going by crypto analyst Jaydee’s prediction, this rally could come once there is an ASO (Average Sentiment Oscillator) cross on the charts.

Jaydee highlighted that as one of the three things that occur before the meme coin makes a significant move to the upside. This indicator seems to be the only thing that hasn’t occurred among the three, as the analyst had mentioned then that other indicators have been checked.

“DOGE To $1 Isn’t A Meme”

Max Schwartzman, the CEO of the crypto analysis platform Because Bitcoin also recently shared a bullish narrative for the foremost meme coin. He hinted that Dogecoin could rise to as high as $1 once Bitcoin breaks its all-time high (ATH) of $68,700. Based on historical patterns, he further suggested that DOGE could see more moves to the upside as Bitcoin pressures its ATH.

#dodgec https://www.tradingview.com/news/newsbtc:e34211bc0094b:0-crypto-analyst-reveals-why-0-087-is-a-key-profitable-level-to-watch-for-dogecoin/?mobileapp_new=true