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Both the short-term and mid-term trends have flipped bullish with a double golden cross on the daily timeframe, suggesting a recent triangle breakout could send the Pepe price outlook much further.
The meme coin has seen a 42% increase over the past two weeks, adding another 5% today as capital rotates deeper into altcoins.
Geopolitical and macroeconomic FUD has largely cleared, replaced by a wave of pro-crypto regulatory momentum that continues to unlock sidelined capital for risk-on assets.
With the GENIUS Act now signed into law and the CLARITY Act expected to follow in October, bullish catalysts now extend well beyond “Crypto Week,” setting a stage for continued upside.
This rotation of capital is supported by a rapid rise in the altcoin season index, increasing from 20 to 53 since the month began—though still far from the 75 considered a full altseason.
Retail investors are re-entering the market with renewed appetite for alternatives to Bitcoin, and Pepe is drawing significant attention.
According to Coinglass data, Pepe open interest has broken above $1 billion for the first time ever, far surpassing the peaks of both the post-US election and post-inauguration rallies.

Derivatives traders are actively participating in Pepe price moves, but with a long/short ratio of 0.9646 suggesting an edge for shorters, it appears speculators are pricing in a correction.
This double golden cross, as both the 20EMA and the 50EMA surpass the 200EMA, coincides with the breakout of a symmetrical triangle forming since the mid-April market bottom.
The pattern projects a breakout top 70% higher at $0.00002425, in line with the November US-election rally peak, though momentum has stalled at the $0.00001460 resistance.
The RSI sits high at 72, teetering above the overbought threshold—an area that often precedes short-term corrections as buyer demand begins to exhaust.
More so, the signal line is closing back in on the MACD line, suggesting weakening bullish momentum and setting the stage for a pullback.
A near-term correction now looks like the healthier path to reset volatility.
Immediate support at $0.00001325 could serve as the first rebound zone, but profit taking could open up a lower floor around $0.0000123 to retest the pattern’s upper boundary as support.
While a $1 PEPE price remains largely speculative without a technical basis, a potential full-blown altseason driven by regulatory clarity adds weight to the figure as a long-term target.
When it comes to large meme coins like PEPE, gains are limited. Explosive breakouts take months to build, and pan out in a fraction of that time—holder spend most of their time waiting.
Meanwhile, low caps are printing 10-1000x gains as retail liquidity floods in.
That’s where Snorter ($SNORT) steps in. Its purpose-built trading bot is engineered to spot early momentum, helping investors get in before the crowd, where the real gains are made.
While trading bots are not a new concept, Snorter has been designed specifically for sniping with limit orders, MEV-resistant token swaps, copy trading, and even rug-pull protection.
It’s one thing to get in first, it’s another thing to know when to sell—Snorter Bot can help.
The project is off to a strong start—$SNORT has already raised over $1.9 million in its initial presale weeks, likely driven by its high 186% APY on staking to rewards early investors.
You can keep up with Snorter on X, Instagram, or join the presale on the Snorter website.
The post Pepe Price Prediction: PEPE Breaks Out, Flashes Golden Cross x2 – $1 PEPE Soon? appeared first on Cryptonews.
Ripple (XRP) is gaining momentum and closing in on its all-time high of $3.66 on Monday. The bullish outlook is supported by institutional demand, which continues to drive the expansion of spot and derivatives markets. This is evidenced by the surge in capital inflow into digital asset funds, reaching a record $4.4 billion last week.
Digital investment products saw a significant increase in demand with inflows reaching $4.39 billion last week, according to a weekly CoinShares report released on Monday.
XRP-related financial products recorded a remarkable increase in the capital inflow, reaching $36 million, from posting outflows of $104 million the previous week. Their total year-to-date inflow currently stands at $267 million net with assets under management (AUM) averaging slightly above $2 billion.
Ethereum (ETH) was the best-performing cryptocurrency last week with inflows of $2.1 billion, slightly below Bitcoin’s (BTC) $2.2 billion.
“Digital asset investment products recorded their largest weekly inflows on record, totalling $4.39 billion, surpassing the previous peak of $4.27 billion set post-US election in December 2024,” the CoinShares report states.
Digital fund flows data | Source: CoinShares
The surge in the XRP futures market’s Open Interest (OI) underscores the soaring interest among traders. CoinGlass data shows that Open Interest, which represents the value of all futures and options contracts that have not been settled or closed, has expanded to $10.81 billion from a low of $3.54 billion in June. If traders continue to bet on XRP’s price increasing to new record highs, OI could remain elevated in the upcoming weeks.
XRP Futures Open Interest data | Source: CoinGlass
XRP price is inching closer to establishing new record highs above $3.66, supported by a strong technical structure and positive market sentiment. The Moving Average Convergence Divergence (MACD) indicator reinforces the bullish outlook, flaunting a buy signal triggered on June 28.
In addition to XRP trading significantly above key moving averages, a recently confirmed Gold Cross pattern, formed when the 50-day Exponential Moving Average (EMA) crossed above the 100-day EMA, predisposes the token for the price discovery phase.
XRP/USDT daily chart
On the other hand, traders should be aware of the sudden increase in whale-to-exchange transactions, which exceeded 43,000 on July 11, according to data from CryptoQuant. There was another smaller increase in similar transactions, reaching 4,672 on Friday, followed by a subsequent decline to 2,339.
XRP whale-to-exchange transactions (Binance) | Source: CryptoQuant
Sharp increases in this metric can have a negative impact on the price of XRP, particularly if whales sell for profit as the token trades near its all-time high.
A reversal from the current price level could result from profit-taking activities, sudden changes in market dynamics and sentiment, particularly with the implementation of United States (US) President Donald Trump’s higher tariffs on August 1.
Pi coin (PI) has dropped 15% over the past 30 days, failing to catch the bullish wave lifting most major cryptocurrencies.
In fact, aside from UNUS LEO, it’s the only token in the top 35 to post losses during this period — a clear sign of weakness that supports a bearish Pi Coin price prediction in the near term.
According to the Pi Core Team, 7,600 chatbots and 14,100 custom apps have been created already by using a recently launched solution called Pi App Studio.
This is an encouraging announcement that confirms developers’ intentions to build decentralized apps on the Pi blockchain.
Can it help reverse the latest downtrend or is this a mere attempt to keep the price off its all-time low?
Trading volumes in the past 24 hours have surged by 68% as Pi recovers by 1.3% to $0.4524. The token is currently sitting just 13.3% above its all-time low of $0.4012.
Is PI poised to make a new record low in the next few days? The latest price action and technical indicators seem to indicate the opposite.
A falling wedge has formed recently. This is typically a bullish pattern that leads to big breakouts if it is confirmed.
The price is currently tagging the upper bound of the wedge. Today’s strong volumes confirm that this is a relevant level for the market.
Hence, if we get a breakout above the $0.50 area this could result in a strong push toward $0.66 in the next few days for Pi.
PI has been consolidating ahead of this move and has stood above the $0.40 support level. This is the key area to watch in the next few days as a move below would fully invalidate this pattern’s bullish bias.
Meanwhile, it is certainly possible that PI could surprise the market and pull a big short squeeze if this falling wedge delivers the expected outcome.
As altcoins like Ethereum (ETH) and XRP (XRP) seem to be determined to make a new all-time high during this cycle, storing these assets safely is a key priority. Best Wallet (BEST) has emerged as one of the best crypto presales of the year as it prepares to launch its innovative wallet.
Best Wallet (BEST) is a crypto wallet that offers low swap fees and supports assets in more than 60 blockchains.

Its powerful mobile app is already available for iOS and Android devices and has received great ratings from early users.
This project is building a robust ecosystem through which users can store, stake, and earn yield on their assets.
The developing team has set forth an ambitious roadmap that includes the launch of a decentralized exchange (DEX) and a debit card. All of these tools will be powered by $BEST, the solution’s utility token.
Once more and more users embrace Best Wallet, the demand for this token will explode. This makes $BEST one of the most attractive presales of the year.
To buy the token, head to the Best Wallet website and connect your wallet. You can download the Best Wallet app in case you don’t have one.
You can either swap USDT or ETH for this asset or use a bank card to invest.
The post Pi Coin Price Prediction: Pi Coin Bleeds Near All-Time Lows – Is a Full Collapse Now Just Days Away? appeared first on Cryptonews.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
The meme coin bull run is back in full swing, with the overall meme coin market cap climbing to an impressive $89 billion, a 7.7% surge in just 24 hours.
Leading the charge is Dogecoin (DOGE), which has soared 33% over the past week alone, sparking predictions that it could soon surge to $1.
But it’s not just the big names grabbing headline; new meme coins like Snorter (SNORT) are gaining momentum, with the project having now raised over $2.1 million through its ongoing presale.
SNORT tokens are currently priced at just $0.0987, with the price increasing in each subsequent round. As interest rises, could Snorter become the next crypto to explode in the current bull cycle?
Dogecoin (DOGE), the world’s largest meme coin, had a shaky start to 2025, plummeting from January highs of $0.40 to lows of just $0.14 by April. But since then, things have flipped. DOGE has bounced back to $0.271, marking a 93.5% increase from its bottom, with 65% of the gains coming in the last 30 days itself.
Following this bullish momentum, crypto influencer Chapo predicted DOGE could hit $0.35 soon, with an even stronger run possibly pushing it to $0.50 before the end of July. His forecast is based on current price momentum and Dogecoin’s historic ability to explode during bull cycles.
Going one step further, technical analyst XForceGlobal sees DOGE soaring to $1 by the end of the current bull cycle. He believes that from current levels, DOGE still has enough strength to rally more than 500%, especially given the returning retail enthusiasm and broader meme coin surge.
However, investors should stay cautious. DOGE remains a highly volatile asset, and despite its recent spike, it’s still 62% below its all-time high of $0.73.
Furthermore, with Dogecoin already reaching a $40 billion market cap, many investors are now turning to newer projects that have the potential to deliver similar or even greater returns than DOGE. One name that is gaining all the attention is Snorter (SNORT), a new presale token that combines meme coin energy with real utility.
Snorter (SNORT) is a new meme coin that has launched at a time when market interest is high, but competition is strong as well. Despite this, Snorter sets itself apart in this saturated market by promising real utility through its upcoming Telegram-based trading bot designed for Solana.
The bot will offer Solana users a cheaper and more intuitive way to trade. While popular bots like Trojan and Banana Gun charge around 1% fee per transaction, Snorter cuts this even further. Users who hold a minimum SNORT balance have to pay a fee of just 0.85%, which is the lowest in the Solana ecosystem.
The bot will also feature automated sniping, allowing users to feed in a Raydium pool ID or token address and buy instantly when liquidity appears. This hands-free system also manages slippage and tax limits.
Snorter’s honeypot and rug-pull detection engine is another key feature. Before executing trades, the bot checks contract functions like blacklists and trading freezes, with an 85% success rate during closed beta.
Additional tools will include copy-trading from top wallets, a portfolio dashboard via Telegram, and a multi-chain roadmap targeting Ethereum, BNB Chain, and beyond.
The SNORT token itself unlocks bot perks, governance rights, and future rewards from competitions and referral programs.
Along with retail attention, Snorter is also grabbing the interest of popular crypto analysts. For instance, Jacob Crypto Bury, a popular YouTuber with over 57,000 subscribers, is among many who believe Snorter has real upside potential.
Due to the project’s unique utility and early entry level, Bury believes that SNORT could be the next 10x-100x meme coin. However, he does caution investors that such new meme coins could be highly volatile investments.
But, the YouTuber also states that volatility could be potentially offset through Snorter’s staking mechanism, which allows token holders to generate passive income. Investors can stake SNORT and earn an APY (annual percentage yield) of up to 187%. More than 13.3 million tokens have been staked so far, a strong signal of rising engagement.
In a market where most meme coins rely solely on hype, Snorter stands out by combining narrative appeal with practical use. With over $2.1 million raised in presale, Snorter may just be one of the top Dogecoin alternatives to keep an eye on this year.
Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
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Cardano ($ADA) is finally showing signs of life. After weeks of sideways action, the price just broke above key resistance at $0.85 and is now targeting higher zones, currently trading at around $0.872 as of July 20, 2025.
ADA/USD 4-hours chart – TradingView
The timing is interesting: Bitcoin reached its all-time high near $123,000 earlier this month, then settled around the $118,000 zone. During that consolidation phase, most altcoins exploded — but ADA stayed quiet. Now, it’s catching up. This lagging behavior often happens with Cardano, but once it starts moving, the rallies can be aggressive.
Looking at the 4H chart:
If momentum continues, next resistance sits around $0.90–$0.95, followed by a possible extension to $1.00. Short-term support lies at $0.85 and $0.836. A drop back into this zone could be a healthy retest — and potentially a good entry point.
ADA is in breakout mode, and the lag behind BTC may be working in traders’ favor now. If you’re looking to jump in:
The structure is clean, the breakout is confirmed, and the timing aligns with the classic post-BTC-ATH altcoin rotation. ADA might finally be ready for its run.
OKX is a trusted platform to buy ADA and over 300 crypto assets — with low fees and a super intuitive interface.
🎁 Limited-Time Deal:
Join the OKX x McLaren F1 Giveaway and win a free cap or even a VIP race experience in Zandvoort!
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
The Ripple coin price is currently experiencing a surge, and analysts project that it could be the start of a price surge. According to the market setup, the current XRP price prediction suggests it could hit $5 soon, after reclaiming the $3.3 support. As the altcoin market continues to show potential for a bull run, XRP price prediction could shift higher.
Here are the indications suggesting a price surge could be getting closer on the XRP price chart.
The XRP price crossing the much-respected resistance at $3.40 has returned a strong bullish sentiment to the market. This has also seen many XRP price predictions following the breakout, with new projections pointing at $5 soon.
However, the XRP price crossing $3.40 is the first step towards a new ATH, with the zone showing strong resistance for a few years. The XRP price prediction of $5 will need to break beyond all the stop losses and take profits at the $3.65 zone for a new move to $5.
However, with the XRP price now at $3.5, analysts are holding on to a strong projection of the potential to see another move high, likely hitting a high of $5 this year.
The XRP price has continued to see a significant boost following its XRP SEC lawsuit settlement in 2024, restoring investment confidence. On the other hand, a rise in demand and ongoing ETF speculation have been contributing more to the price growth. This includes over 190M XRP tokens bought by whales in July, restoring the price above $2.
Furthermore, other factors such as the Dubai real estate tokenization and recent RLUSD stablecoin performance show rising utility. However, while more XRP price predictions continue to pool in, analysts predict a likelihood for the $5 to hold this year.
Remittix’s entry into the market this year with a solution focusing on the payment industry shows a strong competitive edge. This is even making some experts call it the next XRP. An analysis of the Remittix presale in the last few weeks also shows the new token might be heading towards a 10x breakout. Analysts believe the crypto-to-fiat payment solution could make a name for the Remittix token, opening up new opportunities for crypto adoption.
However, while Remittix presale gets closer to its final point, here are some reasons experts suggest buying now:
Now is the best time to start buying the Remittix token, with the price still at $0.08, offering a low entry opportunity.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
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After weeks of steady ascent, Solana price has reached the upper trendline of a rising wedge pattern, trading at $186.05 at the time of writing. The current zone aligns with historical resistance, and traders are closely watching for a breakout toward $200 or a possible rejection back toward support at $175.
On the 4-hour timeframe, Solana price action has moved inside a clearly defined rising wedge structure, with ascending support around $175 and resistance capping price near $187. The wedge follows a series of higher highs and higher lows dating back to late June, reinforcing a bullish structure. Price is now testing the upper trendline for the third time, raising the stakes for a breakout or rejection in the coming session.
On the daily chart, Solana appears to be completing a macro cup and handle formation. The handle portion formed through June’s consolidation and the current rally is bringing price back toward the neckline near $188. If this pattern confirms with a breakout, it would imply a larger trend shift with upside poten…
The post Solana (SOL) Price Prediction for July 22 appeared first on Coin Edition.
Why is
Dogecoin (DOGE) price going up in July 2025? The meme cryptocurrency is
experiencing its most impressive rally in over a year, with institutional
adoption and market rotation driving unprecedented momentum.
Dogecoin has surged over 33% this week, reaching $0.27 as traders shift capital
from Bitcoin into promising altcoins.
According
to data from cryptocurrency exchange Binance, one DOGE is currently trading at
$0.27, the highest price since February and nearly a 100% jump from the June
lows around $0.14.
Just
yesterday (Sunday), DOGE surged by 13.5%. Although the price has slipped 0.8%
today (Monday), it continues to trade near its highest levels in nearly six
months.
Dogecoin is now rising for the seventh consecutive session. Source: CoinMarketCap.com
Why is
Dogecoin rising today? We break it down in the next section.
The primary
driver behind Dogecoin’s recent surge is institutional investment. Trading
data reveals that institutional wallets accumulated over 1.08 billion DOGE
worth approximately $250 million during a 48-hour window ending July 21. This
represents a dramatic shift in corporate treasury strategies.
Dogecoin
trading volume exploded to 2.01 billion tokens on July 21, nearly tripling the
daily institutional average of 724 million. The breakout pushed DOGE from
$0.254 to an intraday peak of $0.277 before settling at $0.271.
You may also like: Why Dogecoin Price Is Surging? Breaking News and Price Predictions for July 2025
Dogecoin’s
price surge coincides with a broader altcoin rally as Bitcoin
dominance drops from 66% in June to 61.75%. This market rotation signals
early signs of an altcoin cycle heading into Q3 2025.
“Over
the past week, altcoins have shown signs of taking the spotlight, with Bitcoin
stalling just below recent all-time highs and capital rotating into broader
market plays,” said Enmanuel Cardozo, market analyst at Brickken.
The
shift benefits multiple cryptocurrencies beyond Dogecoin:
Current
market data shows Dogecoin trading at $0.273, representing a 13% increase from
the previous day and an impressive 103% gain year-over-year.
ETF
speculation is adding significant fuel to Dogecoin’s rally. Prediction
markets show an 80% probability for Dogecoin ETF approval, following successful
launches of Ethereum and XRP exchange-traded products.
This
speculation builds on the success of existing cryptocurrency ETFs, which
continue attracting solid institutional inflows. The potential for a Dogecoin
ETF represents a major legitimization opportunity for the meme cryptocurrency.
Legislative
developments continue shaping the altcoin trade environment. The GENIUS
Act, aimed at regulating stablecoins and clarifying digital asset taxation,
remains progressing through U.S. Congress despite a failed procedural vote.
“Ethereum
and other altcoins are surging due to institutional demand and friendly
legislative policies,” explained Eugene Cheung, chief commercial officer
at OSL. This regulatory momentum benefits the entire altcoin ecosystem,
including Dogecoin.
The CLARITY
Act could prove transformative for institutional adoption, potentially
eliminating legal uncertainty that has kept traditional financial institutions
on the sidelines. Such regulatory clarity would further support Dogecoin’s
institutional appeal.
The real-world
asset (RWA) tokenization sector, now exceeding $24 billion in total
tokenized value, creates additional market momentum. Major financial
institutions like BlackRock and JPMorgan are actively exploring projects
tokenizing private credit, Treasuries, and real estate.
“Tokenized
assets are taking a meaningful share of DeFi TVL,” noted Cardozo. This
institutional theme supports broader cryptocurrency adoption and benefits
liquid tokens like Dogecoin.
The RWA
narrative demonstrates cryptocurrency’s evolving utility beyond speculative
trading, potentially attracting more conservative institutional investors
seeking portfolio diversification.
Based on my
technical analysis, Dogecoin has finally broken out of the consolidation range
that has been forming since February, between $0.15 and $0.25. This breakout
opens the way for a potential move toward levels last seen at the turn of 2024
and 2025.
Seven
consecutive bullish sessions are certainly impressive, as is the test of the
highest price levels in five months. If DOGE holds above the $0.25 support
level, it could continue its move toward $0.30, where resistance is formed by
the December 2024 lows. The next resistance levels are at $0.40, January highs,
and then in the $0.45–$0.48 zone, which corresponds to the range observed in
November and December.
A rejection
of this more bullish scenario would be a return to the consolidation zone
marked in purple, specifically, a drop back below the May highs around $0.25.
Technical analysis suggests that DOGE price can jump to $0.3. Source: Tradingview.com
Related: How High Can Dogecoin Go? 3 New DOGE Price Predictions Suggest a 100% Jump and 6-Month Highs
While
Bitcoin trades near $120,000, up 2.6% weekly, the cryptocurrency’s dominance
continues declining as investors rotate into altcoins. This shift reflects
sophisticated portfolio management strategies among institutional investors.
“Most
TradFi players are already fully positioned on BTC,” observed Augustine
Fan, head of insights at SignalPlus. This saturation drives capital
allocation toward alternative cryptocurrencies offering different risk-reward
profiles.
The ETH/BTC
ratio has bounced to its best levels since Q1, indicating renewed confidence in
altcoin outperformance. This technical signal often precedes extended
altcoin rallies.
Institutional
buying, altcoin market rotation, and ETF speculation are driving Dogecoin’s
surge. Trading volume tripled to 2.01 billion tokens as institutional wallets
accumulated $250 million worth of DOGE.
Regulatory
clarity, institutional adoption, and technical breakouts support bullish
scenarios. The potential for ETF approval and integration into corporate
treasury strategies provide fundamental support.
Institutional
buying creates sustained demand and reduces selling pressure. Large wallet
accumulation signals confidence in Dogecoin’s long-term prospects and
legitimizes the cryptocurrency for mainstream adoption.
Bitcoin
dominance dropping from 66% to 61.75% suggests early altcoin cycle development.
If Bitcoin consolidates near current levels, altcoins tied to real-world
finance applications could lead further gains.
Why is
Dogecoin (DOGE) price going up in July 2025? The meme cryptocurrency is
experiencing its most impressive rally in over a year, with institutional
adoption and market rotation driving unprecedented momentum.
Dogecoin has surged over 33% this week, reaching $0.27 as traders shift capital
from Bitcoin into promising altcoins.
According
to data from cryptocurrency exchange Binance, one DOGE is currently trading at
$0.27, the highest price since February and nearly a 100% jump from the June
lows around $0.14.
Just
yesterday (Sunday), DOGE surged by 13.5%. Although the price has slipped 0.8%
today (Monday), it continues to trade near its highest levels in nearly six
months.
Dogecoin is now rising for the seventh consecutive session. Source: CoinMarketCap.com
Why is
Dogecoin rising today? We break it down in the next section.
The primary
driver behind Dogecoin’s recent surge is institutional investment. Trading
data reveals that institutional wallets accumulated over 1.08 billion DOGE
worth approximately $250 million during a 48-hour window ending July 21. This
represents a dramatic shift in corporate treasury strategies.
Dogecoin
trading volume exploded to 2.01 billion tokens on July 21, nearly tripling the
daily institutional average of 724 million. The breakout pushed DOGE from
$0.254 to an intraday peak of $0.277 before settling at $0.271.
You may also like: Why Dogecoin Price Is Surging? Breaking News and Price Predictions for July 2025
Dogecoin’s
price surge coincides with a broader altcoin rally as Bitcoin
dominance drops from 66% in June to 61.75%. This market rotation signals
early signs of an altcoin cycle heading into Q3 2025.
“Over
the past week, altcoins have shown signs of taking the spotlight, with Bitcoin
stalling just below recent all-time highs and capital rotating into broader
market plays,” said Enmanuel Cardozo, market analyst at Brickken.
The
shift benefits multiple cryptocurrencies beyond Dogecoin:
Current
market data shows Dogecoin trading at $0.273, representing a 13% increase from
the previous day and an impressive 103% gain year-over-year.
ETF
speculation is adding significant fuel to Dogecoin’s rally. Prediction
markets show an 80% probability for Dogecoin ETF approval, following successful
launches of Ethereum and XRP exchange-traded products.
This
speculation builds on the success of existing cryptocurrency ETFs, which
continue attracting solid institutional inflows. The potential for a Dogecoin
ETF represents a major legitimization opportunity for the meme cryptocurrency.
Legislative
developments continue shaping the altcoin trade environment. The GENIUS
Act, aimed at regulating stablecoins and clarifying digital asset taxation,
remains progressing through U.S. Congress despite a failed procedural vote.
“Ethereum
and other altcoins are surging due to institutional demand and friendly
legislative policies,” explained Eugene Cheung, chief commercial officer
at OSL. This regulatory momentum benefits the entire altcoin ecosystem,
including Dogecoin.
The CLARITY
Act could prove transformative for institutional adoption, potentially
eliminating legal uncertainty that has kept traditional financial institutions
on the sidelines. Such regulatory clarity would further support Dogecoin’s
institutional appeal.
The real-world
asset (RWA) tokenization sector, now exceeding $24 billion in total
tokenized value, creates additional market momentum. Major financial
institutions like BlackRock and JPMorgan are actively exploring projects
tokenizing private credit, Treasuries, and real estate.
“Tokenized
assets are taking a meaningful share of DeFi TVL,” noted Cardozo. This
institutional theme supports broader cryptocurrency adoption and benefits
liquid tokens like Dogecoin.
The RWA
narrative demonstrates cryptocurrency’s evolving utility beyond speculative
trading, potentially attracting more conservative institutional investors
seeking portfolio diversification.
Based on my
technical analysis, Dogecoin has finally broken out of the consolidation range
that has been forming since February, between $0.15 and $0.25. This breakout
opens the way for a potential move toward levels last seen at the turn of 2024
and 2025.
Seven
consecutive bullish sessions are certainly impressive, as is the test of the
highest price levels in five months. If DOGE holds above the $0.25 support
level, it could continue its move toward $0.30, where resistance is formed by
the December 2024 lows. The next resistance levels are at $0.40, January highs,
and then in the $0.45–$0.48 zone, which corresponds to the range observed in
November and December.
A rejection
of this more bullish scenario would be a return to the consolidation zone
marked in purple, specifically, a drop back below the May highs around $0.25.
Technical analysis suggests that DOGE price can jump to $0.3. Source: Tradingview.com
Related: How High Can Dogecoin Go? 3 New DOGE Price Predictions Suggest a 100% Jump and 6-Month Highs
While
Bitcoin trades near $120,000, up 2.6% weekly, the cryptocurrency’s dominance
continues declining as investors rotate into altcoins. This shift reflects
sophisticated portfolio management strategies among institutional investors.
“Most
TradFi players are already fully positioned on BTC,” observed Augustine
Fan, head of insights at SignalPlus. This saturation drives capital
allocation toward alternative cryptocurrencies offering different risk-reward
profiles.
The ETH/BTC
ratio has bounced to its best levels since Q1, indicating renewed confidence in
altcoin outperformance. This technical signal often precedes extended
altcoin rallies.
Institutional
buying, altcoin market rotation, and ETF speculation are driving Dogecoin’s
surge. Trading volume tripled to 2.01 billion tokens as institutional wallets
accumulated $250 million worth of DOGE.
Regulatory
clarity, institutional adoption, and technical breakouts support bullish
scenarios. The potential for ETF approval and integration into corporate
treasury strategies provide fundamental support.
Institutional
buying creates sustained demand and reduces selling pressure. Large wallet
accumulation signals confidence in Dogecoin’s long-term prospects and
legitimizes the cryptocurrency for mainstream adoption.
Bitcoin
dominance dropping from 66% to 61.75% suggests early altcoin cycle development.
If Bitcoin consolidates near current levels, altcoins tied to real-world
finance applications could lead further gains.
The crypto market is showing signs of change. While Bitcoin’s price remains flat, many altcoins are turning green, an indication that “altcoin season” is beginning. But for this shift to continue, Bitcoin dominance needs to drop below a certain support level.
Earlier, in November, Bitcoin dominance started to fall, and many expected altcoins to rise. But the drop didn’t last, and dominance bounced back strongly from the 50-week moving average. That bounce held altcoins down for months. Now, once again, Bitcoin dominance is at an important point.
If dominance starts falling from here, altcoins could have a clear path for a strong multi-month rally.
Related: Altcoin Market Prepares for Massive Inflow Amid Capital Rotation and Stablecoin Accumulation
Among the altcoins, an analyst has said that Cardano (ADA) is showing strong breakout possibilities, with the price currently around $0.85. What m…
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XRP/USD
Ripple’s XRP surged past $3.65 in July, driven by renewed momentum, SEC commentary, and broader crypto industry breakthroughs. (more…)