Crypto analyst TradingShot has identified a pattern on DOGE’s chart that shows why a bounce above $0.3 is expected for the Dogecoin price. This provides some optimism regarding the foremost meme coin, which was one of the most affected by the recent downtrend in the crypto market. 

‘Channel Down’ Formation Shows Why The Dogecoin Price Could Bounce Above $0.3

In a TradingView post, TradingShot highlighted a ‘channel down’ formation, which showed that the Dogecoin price could bounce above $0.3. The analyst explained that DOGE is trading within a 2-month Channel Down, which on the wider scale may be a Bull Flag for this Bull Cycle. He added that regardless of the timeframe, DOGE’s price was sold aggressively and hit its 200-day Moving Average (MA) for the first time since October 25, 2024. 

On the other hand, TradingShot remarked that if this pattern is just a 1-day Channel down, then the low that the Dogecoin price recorded on Monday is technically a bottom on the pattern’s lower lows trend-line. He noted that the previous one, recorded on December 20, 2024, rebounded towards almost the 0.786 Fibonacci retracement level.

In line with this, with DOGE in oversold territory, the crypto analyst asserted that he expects the new bullish leg for the Dogecoin price to target $0.3800, just below the 0.786 Fib level. This provides some optimism regarding the foremost meme coin, which recorded a 40% decline and dropped to as low as $0.20 following the wave of sell-offs in the crypto market over the weekend. 

The Dogecoin price has since recovered following the pause on tariffs by the US, Mexico, and Canada. However, the foremost meme coin remains below the psychological $0.30 price level. A bounce above this price level could again put DOGE in bullish territory and lead to a continuation of its bull run. 

DOGE Should Begin Its Next Leg Soon

In an X post, crypto analyst Kevin Capital stated that the Dogecoin price should begin the next leg of its bull run soon enough. This came as he opined that DOGE had just completed the second major correction of its bull cycle. The analyst noted that this price action is very similar to the last cycle, even with the decline in terms of percentage. 

Kevin Capital asserted that if all goes well with the Bitcoin price, the Dogecoin price should begin its next leg soon. Crypto analyst Trader Tardigrade revealed that Dogecoin’s MACD signals a bullish crossover on the 4-hour chart. He added that DOGE is gaining upward momentum and could reverse into a bull run again. 

At the time of writing, the Dogecoin price is trading at around $0.26, up over 13% in the last 24 hours, according to data from CoinMarketCap.

Featured image from Adobe Stock, chart from Tradingview.com

Driven by an increased positive attitude and network developments, Cardano (ADA) creates excitement in the crypto market. Analysts forecast it could breach the $2 barrier this February. A new coin valued at just $0.20, Rexas Finance (RXS), is attracting attention with its astounding 13,000% rise potential. Investors intently observe their future actions to transform gains as these two tokens dominate debates.

Cardano Price Prediction: ADA’s Path to Breaking $2 in February

With Cardano aiming for a breakthrough past the $2 mark this February, the crypto market has been humming with hope about its ADA. ADA, trading at $0.88 now, has exhibited consistent improvement, rising 3.23% over the past 24 hours. This increasing momentum sets ADA to challenge its first resistance level at $1.119. Breaking this barrier might cause the coin to drop to $1.15, setting a positive direction toward $2. Cardano’s technical indicators show a mixed picture: its Moving Averages combine buy and sell indications with a neutral view from the Relative Strength Index (RSI). The price stays at a crossroads, but the market attitude suggests a possible breakthrough. Although ADA’s past of surprising the market suggests it cannot be discounted, the $2 target seems ambitious. If Cardano breaks past its resistance zones and maintains an optimistic attitude, February is a turning point for the coin.

Rexas Finance (RXS): The Rising Star at $0.20 Eyeing a 13,000% Rally

While Cardano attracts interest for its possible price explosion, another coin makes news with even higher growth projections. Currently valued at $0.20, Rexas Finance (RXS) has attracted the attention of experts and investors both for its remarkable 13,000% surge. One of the most discussed altcoins in 2025, this spike would send RXS to an incredible $26. 

Starting at just $0.03 and rising to $0.20 in its twelfth and last presale stage, Rexas Finance has shown amazing expansion during its presale periods. Reflecting great investor demand, the initiative has raised around $43.63 million. Having set its debut price at $0.25 on June 19, 2025, RXS has positioned itself as a high-potential token that might rule the real-world asset (RWA) market. Its presale performance highlights the crypto community’s faith in its creative products and long-term development potential. 

Rexas Finance’s special attraction is its ability to enable users to tokenize practically any real-world asset, from intellectual property to real estate. RXS streamlines ownership and creates countless opportunities for asset holders and investors by providing perfect worldwide access to tokenized assets. The popularity of this innovative strategy is driving retail and institutional investment attraction. 

Further enhancing its legitimacy is Certik, a top blockchain security company, which has audited Rexas Finance. This audit builds investor confidence and highlights the project’s dedication to providing a safe and dependable ecosystem. Moreover, with over 1.18 million entries, its continuous $1 million giveaway has attracted great activity. To increase its appeal even more, the offer will provide 20 participants with $50,000 worth of RXS apiece. Rexas Finance is highly regarded due to its presale momentum and community-driven projects. Smart investors see its explosive potential; some have already made significant trades. For instance, a trader recently traded 47.96 ETH for RXS, signifying increasing belief in the cryptocurrency’s future.

For early adopters, RXS offers an unmatched chance to get large returns. The coin’s $0.25 starting price and surge to $26 could make little investments big fortunes. Given its present pricing and increasing trend, Rexas Finance is one token to watch in 2025.

Conclusion

The crypto market is preparing for a possible breakthrough for Cardano’s ADA, which seeks to surpass the $2 mark as February gets ready. ADA is positioned for success with its increasing ecosystem and current price momentum. Newer, highly explosive coins like Rexas Finance (RXS) nevertheless provide fierce competition. Currently costing $0.20, RXS is revolutionizing the crypto scene with its creative tokenizing of actual assets method. With an expected increase of 13,000%, RXS presents investors with a special chance to profit from the next great wave in cryptocurrencies. Strong presale performance, a Certik audit, and community-driven projects highlight its ability to surpass more established companies like ADA. Secure your RXS tokens today and join the revolution in real-world asset tokenization.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

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The regulatory landscape is shifting under Trump’s SEC and analysts predict a potential surge to $30 for XRP in 2025. 

At the same time, PlutoChain ($PLUTO) is emerging as a potential game-changer for Bitcoin, ready to tackle its biggest flaws — slow transactions, high fees, and limited scalability. 

With two-second block times, lower costs, and cross-chain compatibility, PlutoChain could finally make Bitcoin a fast, efficient, and practical payment network rather than just a store of value.

Here’s the latest info on this. 

Could XRP Skyrocket to $30? Analysts Weigh In on Ripple’s Future Under a Pro-Crypto SEC

As of February 3, 2025, XRP is trading at approximately $2.38, which marks a 17.7% drop in the past 24 hours. Despite the downturn, trading activity remains robust, with a daily volume of $28.8 billion. 

Additionally, the RSI stands at 26, which means that XRP is deep in oversold territory.

The U.S. crypto landscape is shifting fast, and XRP is right in the middle of it. On January 21, 2025, the SEC launched a dedicated crypto task force led by Commissioner Hester Peirce, a well-known advocate for digital assets. 

This move signals a shift away from the SEC’s past enforcement-heavy approach and toward a clearer regulatory framework.

Meanwhile, President Trump is trying to position the U.S. as a global leader in crypto. At the World Economic Forum in Davos, he signed a decree acknowledging the role of digital assets in innovation and economic growth. 

This includes setting up a working group to review and propose new crypto regulations within six months.

Analyst STEPH IS CRYPTO predicts that XRP’s double bottom breakout on the monthly timeframe could push its price to $30.

How PlutoChain ($PLUTO) Could Turn Bitcoin Into a Scalable, Low-Cost Payment Network With Instant Transactions and Cross-Chain Compatibility

Bitcoin is the most recognized cryptocurrency, but its slow transactions, high fees, and network congestion make it frustrating to use. 

While Ethereum and Solana have already tackled these issues with scalability solutions, Bitcoin is still playing catch-up. 

That’s where PlutoChain ($PLUTO) might come in — a Layer-2 upgrade designed to speed up transactions, lower costs, and make Bitcoin more practical for everyday use.

By leveraging Layer-2 tech, PlutoChain offers block times of just 2 seconds, which is a game-changer compared to Bitcoin’s usual 10-minute wait. 

This could make Bitcoin much more useful for daily transactions, international transfers, and even microtransactions — things that were nearly impossible before due to long confirmation times. 

Plus, lower fees could remove a major roadblock and encourage real-world adoption instead of just long-term holding.

Another big advantage is cross-chain compatibility. PlutoChain is EVM-compatible, meaning it could connect with Ethereum-based apps like DeFi platforms, NFT marketplaces, and even AI projects. 

This could finally bring Bitcoin into the larger blockchain ecosystem, instead of keeping it stuck as just a store of value.

Scalability is also a strong suit. In testing, PlutoChain processed over 43,200 transactions in a single day, which proves it can handle heavy traffic without slowing down. 

Security measures include thorough audits by SolidProof, QuillAudits, and Assure DeFi, as well as regular code reviews and stress tests. 

Unlike Bitcoin’s system, where miners and developers make all the decisions, PlutoChain introduces decentralized governance. This means users get a say in upgrades, which makes the network more community-driven.

With faster speeds, lower costs, Ethereum compatibility, and a governance model that gives users control, PlutoChain could reshape Bitcoin’s future. 

Instead of being just digital gold, Bitcoin might finally become a fast, affordable, and practical financial tool for everyday use.

Closing Thoughts

Ripple’s future looks promising thanks to regulatory shifts under Trump’s SEC. But while XRP gains momentum, Bitcoin still struggles with slow transactions and high fees — and that’s where PlutoChain ($PLUTO) could step in. 

With two-second block times, lower costs, and cross-chain compatibility, PlutoChain could finally turn Bitcoin into a fast, scalable, and widely usable financial network.

————

The information in this article does not represent financial or investment advice. Always research carefully before participating in the crypto market. Risks are inherent in forward-looking statements, which may not be revised.

Sol lost roughly 20% of its value in a week and rolled back to a month low. However, it has recovered slightly from the dip but the bears are still showing commitment as they mount pressure.

During yesterday’s crash, which saw many altcoins through their biggest drops in the past week, Sol tested the critical $175.9 support again and quickly climbed back following a sudden rejection.

That rejection revealed a strong interception from the bulls’ side as they pushed the price well above $200. But the bears have reiterated actions today and they are now mounting pressure again. An increase in the daily supply could cause more wrecks in the market.

Meanwhile, yesterday’s interception at the mentioned low has raised some interest among the bulls against a further dip. If they become formidable in their defence, we may see a further recovery. This should set a new bullish tone in the market.

However, if the bears manage to pull through the critical support, the price may dip into the $160 – $150 for new support. After that, we can expect a fresh increase on the daily scale. Failure to pick up from this mentioned range may result in more sell-offs until it finds a solid ground. Currently, Sol might appear weak daily, but the trend remains bullish in the mid-term.

SOL’s Key Level To Watch

While the bears are trying to pull the price below $202, they may face minor support at $190 before reclaiming the $175.9 support – where a major crackdown lies.

If Sol’s price increases above $223, the potential resistance level for a buy would be $244.7. There’s also resistance at $272. A push above it could fuel more gains to $295.8 before breaking out to a new high.

Key Resistance Levels: $223, $244.7, $272

Key Support Levels: $202, $190, $175.9

• Spot Price: $209.6
• Trend: Bullish
• Volatility: Low

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

Most of the coins are bouncing off after a sharp drop, according to CoinMarketCap.

ADA/USD

The rate of Cardano (ADA) has risen by 4.88% over the last day.

Bulls have failed to keep the growth up after yesterday’s bullish bar closure. 

Related

If the situation does not change by the end of the day, sideways trading in the zone of $0.70-$0.80 is the most likely scenario.

ADA is trading at $0.7545 at press time.

BNB/USD

The price of Binance Coin (BNB) has followed the rise of ADA, going up by 1.14%.

From the technical point of view, the rate of BNB is looking similar to ADA. If the candle closes below the vital zone of $600, the correction may lead to the test of the $500-$520 range soon.

BNB is trading at $585.96 at press time.

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provided on U.Today is intended for informational purposes only. U.Today is not
liable for any financial losses incurred while trading cryptocurrencies. Conduct
your own research by contacting financial experts before making any investment
decisions. We believe that all content is accurate as of the date of publication,
but certain offers mentioned may no longer be available.

The market might have found a local bottom by now, according to CoinStats.

DOGE/USD

The rate of DOGE has risen by 9.07% since yesterday.

On the hourly chart, the price of the meme coin is in the middle of the local channel, between the support of $0.2560 and the resistance of $0.2890. If the daily bar closes around current prices, ongoing sideways trading remains the more likely scenario.

On the bigger time frame, the situation is similar. The rate of DOGE is far from key levels, which means neither bulls nor bears are dominating. 

Related

All in all, traders are likely to witness consolidation in the range of $0.26-$0.30 by the end of the week.

From the midterm point of view, the price of DOGE has made a false breakout of the support of $0.2148. However, there are low chances to seeing a fast bounce back due to a lack of bulls’ energy. In this case, sideways trading around $0.30 is the more likely scenario.

DOGE is trading at $0.2727 at press time.

Disclaimer: The opinions expressed by our writers are their
own and do not represent the views of U.Today. The financial and market information
provided on U.Today is intended for informational purposes only. U.Today is not
liable for any financial losses incurred while trading cryptocurrencies. Conduct
your own research by contacting financial experts before making any investment
decisions. We believe that all content is accurate as of the date of publication,
but certain offers mentioned may no longer be available.

After a market crackdown by the bears yesterday, the bulls managed to take control of the business overnight.  However, top tokens such as Cardano and Ripple have continued recording mixed price action in their daily charts.

Considering the present market sentiments, will the XRP & ADA price maintain its bullish sentiment and achieve a new 52-week during the upcoming days? In this article, we have covered the short-term market sentiment and the possible short-term price targets of the top 2 altcoins.

Ripple Price Holds Above Its Important Support Level!

Despite recording a drop of ~20% in seven days, the price of XRP tokens has surged 21.86% this year. This highlights a strong long-term bullish price action for this altcoin in the crypto market. Moreover, it has maintained its 03rd position with a market cap of $143.63 billion.

The Moving Average Convergence Divergence (MACD) records a constant rise in the red histogram with its averages experiencing a similar price action in the daily time frame. Further, with the EMA 50/200-day displaying increased bearish sentiment, the XRP coin price hints at mixed price action.

If the bulls maintain the XRP price above its important support level of $2.50, this could result in this altcoin retesting its resistance level of $3 this week. However, sustained bearish price action could pull the price toward its low of $2 in the coming time.

Planning on stacking more XRP tokens but curious about questions like “Will XRP reach $10?” Read XRP Price Prediction 2025, 2026 – 2030!

ADA Coin Price Breaks Its Crucial Support Of $0.80!

Amid the ongoing market uncertainty, the Cardano price has displayed a neutral price trend in 24 hours. However, it has plunged ~25% in seven days and 34.11% over the last 30 days. Notably, with a market capitalization of $25.384 billion, it has secured the 09th position in the market.

The Relative Strength Index (RSI) has plunged below its oversold range in the Cardano price chart. Moreover, its SMA indicator constantly acts as a resistance to the price chart. This indicates an increase in the selling-over-buying pressure for the altcoin in the crypto market.

Suppose, a bullish reversal occurs, in that case, the price of ADA could retest its upper resistance level of $1. Conversely, if the bears outrun the bulls, this could result in it retesting its low of $0.60 this week.

To find out answers to questions like “Will Cardano reach $3?” Read Cardano Price Prediction. 

Also, subscribe to CoinPedia to stay connected with the world of cryptocurrencies.

FAQs

The beginning of this month has brought a bearish trend in the market, with nearly all tokens facing big drops.

While leading tokens such as BTC, SOL, and ETH are seeing double-digit drops, XRP is leading the trend, dipping over 30% over the past weeks.

But is XRP done making profits?

Many believe that the judge’s final ruling in the Ripple Labs vs. SEC case when he decided that Ripple Labs must pay only $125 million in fines, could trigger XRP’s price to 10x in 2025.

But still, can it match the profits new trending ICOs like Solaxy ($SOLX), Mind of Pepe ($MIND), and Best Wallet Token ($BEST) are expected to bring?

Let’s check out the details.

Ripple’s XRP has bounced back, gaining an impressive 20% in the last 24 hours. The price is currently trading above the $2.50 level and is now aiming to break above the $3 mark once again. Bitcoin also rose above the $100k mark and is currently trading at crucial support levels.

The XRP price had reached its key support area between $2.13 and $2.22 on the 4-day chart, triggering a bearish reaction. This level is crucial for distinguishing bullish momentum from bearish trends. The market has bounced back from this level, and the outlook remains positive, with potential targets at $4.19, $5, and possibly even $6.62 in the coming wave. However, on the weekly chart, XRP is still down by more than 18%.

Small-Time Frame Breakdown: A Temporary Setback

On the smaller time frame, XRP briefly broke below the $2.64 swing low, invalidating a previous bullish pattern. However, the alternative Elliott Wave count is now leading, and the price found support around the $2.72 to $2.22 zone. A crucial level to watch moving forward is the $2.96 mark, which has provided support in recent moves above $3. The price is currently recovering, but the next corrective pullback will determine if the upward trend can continue.

Key Levels and Next Steps for XRP

To confirm further upside potential, XRP needs to maintain support above $1.90, which represents the 78.6% retracement level. There are two potential pathways for XRP: either a direct breakout or an extended wave four, which could lead to further upside. As the market remains volatile, it’s important to monitor the next pullback closely. If the pullback is corrective, it could signal a continuation of the bullish trend.

Solana (SOL) is once again stepping into the spotlight as rumors about its ETF spots started circulating again. 

Many are now wondering—if $SOL gets its ETFs approved, could it reach $800 by the end of the year?

On the other hand, what Solana always had going for it—cheap and fast transactions—Bitcoin struggled to achieve.

That’s what PlutoChain ($PLUTO) wants to change. With its Layer 2 network, PlutoChain could finally bring smart contracts and DeFi applications to Bitcoin’s mainnet.

Let’s look into the projects in detail:

Solana Price Prediction – Can SOL Hit $800 in 2025?

Solana’s price movement is catching attention as ETF speculation fuels institutional interest, with Binance analysts predicting a potential surge to $800.

The blockchain’s high-speed transactions and low fees make it an attractive alternative to Ethereum, which could draw more developers and users. The expansion of Solana’s DeFi and NFT ecosystem is further strengthening its market positioning, with increasing adoption among major projects.

Market indicators suggest key resistance levels at $300 and $500, with TradingView charts highlighting potential breakout patterns.

Crypto analyst Platinum_Capital believes Solana has the potential to climb to $500–$600 or even higher in the upcoming months.

Can PlutoChain Fix Bitcoin’s Scalability Issues & Bring It Into DeFi?

Bitcoin remains king when it comes to being a store of value, but let’s be real—it’s never been known for speed or flexibility. With 10-minute block times and almost no smart contract capabilities, it’s been left watching from the sidelines while Ethereum and other chains dominate DeFi.

That’s where PlutoChain enters the picture. This new Layer-2 network could give Bitcoin some much-needed upgrades—introducing faster transactions and DeFi functionality without sacrificing its rock-solid security.

PlutoChain’s approach involves a hybrid system. While Bitcoin remains the foundation for final settlements, PlutoChain operates as a high-speed Layer-2 capable of handling transactions in just two seconds. That could be a massive leap from Bitcoin’s sluggish base layer.

Early testnet data suggests PlutoChain could process over 43,200 transactions per day—an enormous jump compared to Bitcoin’s standard throughput.

But what really makes PlutoChain stand out is its Ethereum Virtual Machine (EVM) compatibility. This could allow developers to deploy Ethereum-style smart contracts and dApps directly on a Bitcoin-backed network.

Imagine Bitcoin users finally gaining access to DeFi lending, NFT marketplaces, and even AI-driven applications—things that were once exclusive to more flexible chains like Ethereum and Solana.

Unlike Bitcoin’s slow-moving upgrade process, PlutoChain plans to let early adopters vote on protocol changes, which could give the community more direct influence.

Security isn’t an afterthought either. The project has already lined up audits from firms like SolidProof, QuillAudits, and Assure DeFi, aiming to keep the network resistant to exploits and vulnerabilities.

With PlutoChain, Bitcoin might finally break free from its “digital gold” label and step into a more active role in Web3.

Final Words

Solana’s price potential is gaining traction as speculation around a Solana ETF fuels optimism. With institutional demand rising and developer activity surging, some believe SOL could be on track for a major rally.

If key resistance levels break, hitting $800 in 2025 might not be out of the question.

At the same time, PlutoChain’s Layer-2 solution could tackle one of Bitcoin’s biggest challenges—scalability.

By enabling faster transactions, EVM compatibility, and decentralized governance, PlutoChain may not just optimize Bitcoin’s network; it could push the boundaries of what Layer-2 technology can achieve.

Disclaimer: It’s important to note that participating in presales carries risks, including market volatility and potential project delays. Please conduct thorough research, understand the risks of market volatility, and seek professional advice before engaging with any blockchain project. Future-oriented statements are speculative and may not be modified.

This article is sponsored content. All information is provided by the sponsor and Brave New Coin (BNC) does not endorse or assume responsibility for the content presented, which is not part of BNC’s editorial. Investing in crypto assets involves significant risk, including the potential loss of principal, and readers are strongly encouraged to conduct their own due diligence before engaging with any company or product mentioned. Brave New Coin disclaims any liability for any damages or losses arising from reliance on the content provided in this article.