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koinmilyoner
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Bullish
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Considering that Dogecoin (DOGE) is now ranked higher than Cardano, it is possible that
$DOGE
may eventually surpass
$XRP
While the cryptocurrency market rises 1% in 24 hours, Dogecoin rose 3% to $0.1949.
#DOGE
is up 7% in a week, 14% in 30 days, and 128% in a year.
Due to its success, Dogecoin currently ranks ninth in market cap, surpassing
#Cardano
(ADA).
It may rise when the market becomes bullish this year, and DOGE payments on X might propel it into space.
DOGE's chart shows an uptick that may last a day or two.
After rising over the 200-day average (blue) yesterday, the 30-day average (orange) may climb farther before running out of gas.
DOGE's relative strength index (purple) has rebounded in the last day and climbed up again this morning after a hiccup.
DOGE's 24-hour trading volume reached $3 billion today, indicating momentum.
This is up from $1.8 billion a few days ago, showing purchasers are returning to DOGE and buying it cheaply.
Data shows many significant exchange movements this week, indicating an accumulation phase.
The April 20 Bitcoin halving may boost the market and Dogecoin price in the short and long term.
Some have predicted a short-term drop after the halving, but BTC's expansion will help the market.
Dogecoin may gain later this year from its own news.
X may someday provide digital payments on its social network, including bitcoin.
Dogecoin might skyrocket if they integrate crypto and DOGE.
After X payments debut, it might reach $1, but delays could lower price to $0.4 by the second part of 2024.
#Memecoins
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XRP
1.1025
+1.41%
DOGE
0.40599
+10.42%
6k
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Dogecoin To Peak In Next Parabolic Run? Trader Tardigrade, a market analyst and crypto content maker, predicts a price increase for DOGE that may drive the crypto asset to a new all-time high, boosting community excitement about its short-term potential. Trader Tardigrade's daring forecast on X (previously Twitter) suggests that DOGE's next rise might exceed its prior heights, based on past market indications and price patterns. DOGE hitting crucial Fibonacci levels should lead to a rocket-like price surge, according to the market expert. Trader Tardigrade reports that Dogecoin has reached the Fibonacci region between 0.618 and 0.88, where it consolidated for many weeks as a stage station in the 2018 to 2021 market cycle. Since Dogecoin has survived previous cycles, the analyst believes it will be “bound for a rocket ride” to a new all-time high if it breaks out of the zone. He says DOGE has a long way to go and that the price peak is only the first station. This forecast is based on Dogecoin's expected $1 milestone in the current cycle. With the current all-time high at $0.7 as the first station on DOGE's expected rocket journey to new heights, $1 may be closer than we believe. Trader Tardigrade also noticed that the mid-band of the Gaussian Channel, a technical indicator used to analyze momentum and price patterns, is supporting Dogecoin's expected price surge. The third time this bullish tendency, which sometimes preceded major upswings, emerged. The analyst expects DOGE to pump to a new high with this price movement. DOGE Regaining Growth DOGE is rebounding after a small setback, signaling resumed positive momentum. This increased vigor has sparked bullish mood as massive cash has poured into the digital asset in recent days. Dogecoin is reaching $0.40 with a 5% daily rise. Its trading volume rose roughly 26% in the last day, demonstrating investor confidence in the meme-inspired cryptocurrency. #Dogecoin #DOGE $DOGE
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Why Cardano (ADA) might achieve $1.50 in its next big move ADA is at its highest level since March 2024, up about 120% from its lowest point this year. Some experts believe Cardano is ready for its next big rise, targeting $1.50. The token's bullish momentum is supported by a one-day Golden Cross, a technical indicator that happens when the 50-day moving average crosses over the 200-day. This pattern usually precedes significant rallies. ADA broke through resistance and moved into the 2.0 Fibonacci extension after its previous 1D Golden Cross in November 2023. Positive momentum in the Relative Strength Index (RSI) supports positive optimism. According to TradingShot, ADA's RSI is following a similar fractal pattern to prior bullish cycles, signaling further gains until overbought. This suggests that ADA may be ready for its next big move if it breaks $0.8 resistance. If a breakthrough occurs, experts expect a surge to $1.40, the 2.0 Fibonacci extension and optimistic investors' next big goal. Extra bullish considerations Trend Rider said that ADA broke major resistance at $0.7174 by closing above the Parabolic Line. The convergence of these optimistic factors may boost purchasing pressure, especially with news of a possible Cardano partnership with President-elect Trump. Open interest in the futures market for ADA has above $550 million for the first time since March, hitting $582.9 million, according to CoinGlass. This rise shows bullish interest as exchange net flows raise purchasing pressure. Cardano cost analysis ADA is now trading at $0.7283, up 30% in a week. Additionally, the token has grown 103% in the last month. Cardano's recent advance, supported by strong technical indications, a favorable futures market, and investor confidence, suggests a $1.40 breakout To assess the durability of this bullish trend, traders should be cautious and watch macroeconomic and RSI dynamics. Strong support and expanding ecosystem interest suggest ADA might reach $6 by 2025, a record high. #ADA #Cardano $ADA
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Bitcoin: How will Trump's Treasury Secretary affect it? Bitcoin held over $91,000 on Tuesday, boosted by Trump's cabinet picks and MicroStrategy's token purchases. Bitcoin is holding at 91k after hitting a record high of 93.4K last week on the potential of crypto-friendly regulation under a second Trump presidency. Markets await Trump's successor and policy revisions. BTC is boosted by Trump's Monday meeting with Coinbase CEO Brian Armstrong to explore second-term nominations. The discussion occurred as Trump chose his cabinet and speculation grew that the US may build a strategic Bitcoin reserve. Treasury Secretary candidates Trump's Treasury Secretary decision will have a major impact on crypto's future in the US. In addition to printing currencies, this section oversees national banks' IRS and financial crimes enforcement networks. Last week, Cantor Fitzgerald CEO Howard Lutnick and Key Square Capital Management founder Scott Bessent were top possibilities. Now, Apollo Global Management CEO Mark Rowan and former Fed governor Kevin Warsh are running. Elon Musk prefers crypto enthusiast Lutnick. The other three have also supported crypto, albeit Kevin Warsh and Marc Rowan are less so. Kevin Warsh is 44% likely to become treasury secretary, Scott Bessent 24%, Mark Rowan 16%, and Howard Lutnick 13.2%, according to polymarkets. Pro-crypto candidates are more likely to make Trump's second administration crypto-friendly, which benefits Bitcoin. US debt boom vs. Bitcoin shortage While the Treasury pick is stalling the Bitcoin rally, crypto's outlook remains positive; Trump's economic policies of lowering taxes and massive stimulus injections could explode America's national debt, helping Bitcoin (with a limited supply) outperform other assets. Institutional drive As BlackRock's large Bitcoin trust saw $40 billion in inflows in 211 days, the institutional tilt toward Bitcoin is also growing. Overtakes other ETFs introduced in the recent decade. #Trump #BitcoinETFOptions #90kCryptoZone $BTC
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Is Goatseus Maximus Falling? GOAT Dangerously Close to $1 on Day 10% Drop Newbie meme coin Goatseus Maximus ($GOAT) is perilously near to $1 after falling 9% in 24 hours. $GOAT is at $1.01, therefore it risks losing the psychologically essential dollar footing. However, the month-old cryptocurrency is risen 240% in 30 days and has a $1.01 billion market valuation. The 24-hour trading volume of $GOAT is staggering $382 million. Today, the token trades against its sector. Meme coins gained 2% overnight and represent $126 billion of crypto's $3.2 trillion market valuation. Dogecoin ($DOGE) rose 7% yesterday and 8.4% from Tuesday to $3.11. Pepe ($PEPE), the biggest non-canine meme currency, is down 5% today but up 56.4% this week. Goatseus Maximus—The $GOAT? Mid-October saw Goatseus Maximus trade. The meme is named by goat meme-obsessed sh*tposting X bot the Terminal of Truths' AI-generated tweets. The bot was created by AI autonomy and cultural interaction researcher Andy Ayrey. Marc Andreessen of silicon valley investment company Andreessen Horowitz (a16z) gave $50,000 in Bitcoin ($BTC) to assist the bot in July, possibly for Goatseus Maximus joke currency development. Since then, $GOAT has risen. An all-time high (ATH) of $1.36 was reached on November 17, but a selloff the following day has knocked it down 24%. RSI for Goatseus Maximus is 40 and decreasing. Once this reaches 30, the token will be oversold and cheap, thus dip-buying might help it recover. #GOAT #PEPE #SHIB $PEPE
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End of 2024: XRP Reach $3? Ripple Investors Expect a Massive Rally XRP has dropped 4% today to $1.09 while the cryptocurrency market has lost 2% in 24 hours. XRP is correcting following a spectacular week, when anticipation of a meeting between President-elect Trump and Ripple CEO Brad Garlinghouse sent the cryptocurrency up 61%. XRP has risen 113% in two weeks, and many investors and experts predict it to conclude 2024 strongly. Veteran trader Peter Brandt recently said that if the currency can exceed its 2021 high of $1.96, it will rise in the next months. End of 2024: XRP Reach $3? Investors expect a significant rally when XRP breaks past highs, with the 2023 high of $0.82 already behind it, according to Brandt on X. He also highlighted that XRP's price chart has formed a “massive coil” during the last several weeks, indicating a narrowing range. But the currency has broken out of this narrow range, with pro-crypto Donald Trump's victory potentially initiating a new bull market. Since Garlinghouse spoke with Trump recently, XRP has benefited more than other key coins from current bull market. The fact that Trump is likely to fire Gary Gensler as SEC chairman might alter the regulator's stance on Ripple and XRP. These variables might help XRP reach a record high. Today, XRP's chart shows a short-term pullback as traders take gains from previous rises. Its relative strength index (purple) fell below 50 today and may reach 30 before rising again. XRP's 30-period moving average (orange) is likewise falling following a lengthy increase, supporting this notion. Based on these factors, the alt may drop below $1.06 in one or two days before additional buyers drive it back to $1.20. XRP might reach $1.80 by year's end and $2.50 by H2 2025, however other experts are more enthusiastic. #XRPPriceAction #BinancePoolFractalBitcoin #MajorUnlocks $XRP
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