My name is Francesco, I am a funded trader and I have a deep passion for forex, cryptocurrencies, and trading as a whole. I feel lucky, that I am able combine my skills with what I love. I’m very interested in factors driving price movements and enjoy uncovering the reasons behind them. My primary interests include Bitcoin, Altcoins, macroeconomics, and all related to trading.

Dogecoin’s price might repeat its Q4 2024 move, with a prominent market analyst targeting a massive breakout.

Dogecoin (DOGE) has experienced a notable shift in its price action over the past few months, with a 16.6% rise in the last week signaling a positive short-term trend. This is particularly notable despite a slight dip of 0.1% in the past 24 hours.

However, when viewed over a month, the meme coin has seen a 5.3% decline. On a two-week scale, Dogecoin has barely budged, with a 1.1% decrease in value. Despite these fluctuations, analysts are eyeing a potential breakout in the near future.

Dogecoin in a Descending Triangle

According to a recent analysis by World of Charts, Dogecoin’s price has been trapped within a descending triangle, where it fluctuates between two clear trendlines. This triangle has been forming for several months, indicating that the coin has been consolidating after a strong rally in November 2024. 

$Doge #Doge We Caught This Big Move In Oct 2024, Dogecoin Went More Than 3x, Now Again Doge On Verge Of Massive Breakout, It Can Give Move Like Oct, Expecting 3x From Here. https://t.co/9aTZtkzEpG pic.twitter.com/M8kDUSEpdR

— World Of Charts (@WorldOfCharts1) April 13, 2025

Note that DOGE saw a strong rally in Q4 2024, where it surged by more than 3x. Based on the chart, during the October surge, DOGE moved from approximately $0.105 to above $0.48. The price then retraced, moving into a consolidation phase within the descending triangle.

Since then, the meme coin has persistently struggled to break out above the triangle but has often faced resistance at the upper trendline. Dogecoin first attempted to breach the triangle in mid-January when it soared to $0.4340, but the resistance at the upper trendline capped its upside run.

Further, the meme coin again engineered a push toward breaching the triangle, reaching $0.2058 on March 26, but the resistance at the upper trendline held strong. This resulted in another failed breakout, pushing DOGE back into the triangle.

Meanwhile, the asset also touched support at the lower trendline at approximately $0.15 around March, with a recent touch just below $0.14, but it has maintained its footing. As per World of Charts, Dogecoin may soon make another breakout with a potential target price of $0.3983. This would represent a 137.85% increase.

Other Patterns Supporting a Breakout

Meanwhile, in a separate observation shared by analyst Javon Marks, Dogecoin’s price action from 2014 to 2025 reveals a consistent pattern of descending triangles followed by breakouts. These descending patterns have historically led to upward price movements. 

Each breakout resulted in Dogecoin reaching a new all-time high, which reinforces the idea that such patterns may lead to future bullish price action. Javon Marks suggests that the meme coin could see an increase of at least 200% to 330%, pushing its price above $0.73.

Dogecoin’s Network Activity is Growing

Further, recent data from IntoTheBlock highlights significant increases in Dogecoin’s key network activity metrics. In the past seven days, new addresses have surged by 102.40%, while active addresses have risen by 111.32%. 

These spikes suggest heightened user interest and engagement, which could further fuel positive momentum for Dogecoin. Such network activity is often a precursor to price surges, as growing adoption and more active participants indicate that the market is becoming more engaged with the asset.

Cardano price prediction has figured on the investors’ agenda for today. The recent turn of events of Trump delaying the tariffs has generated fresh interest in cryptocurrency price forecasts. Many are looking for secure investments because of sudden policy shifts.

This new day holds a new promise for investors looking for the top cryptocurrency in which to invest with an eye on the DeFi coin price. Meanwhile, there has emerged a new DeFi project that has taken center stage and finds itself as one of the top contenders for the title of “best crypto to invest.”

Technical indicators send out mixed messages. Helped by robust institutional buying, XRP can increase by 2.17% to $2.09 by May 12. Conversely, persisting regulatory issues can see XRP fall by 15% in the event of a worsening market mood.

Traders follow closely the price of XRP because these elements determine its future. A majority in finance still believe in its status as a token destined to have an integral position in cross-border payments.

Cardano:

Cardano (ADA) has established a record of extensive research and solid design. Early reports indicate low trading volume with ADA remaining stable at the level of $0.6335. This kind of behavior gives credence to the expectations of many that follow Cardano Price Prediction.

Technically, Cardano has been showing its support at key levels. The bull argument for Cardano price prediction will see ADA rise by 14.93% to $0.7171 on May 12. This remains so because more dApps come on board on the platform and usage builds momentum.

Conversely, a bearish scenario may see ADA decrease past $0.55 due either to a negative market sentiment as a whole or delays in updating the network. There are recent technical charts indicating a bullish trend Cardano Price Prediction investors are watching out for.

Dogecoin:

Dogecoin stays in the spotlight, thanks in part to strong tweeting and new attention from influential technology leaders. DOGE saw a 4% rise in price. It sits close to $0.1634. Technical charts indicate that a breakthrough will be possible if it crosses a resistance level of $0.20.

It will be bullish if that point is broken by DOGE due to high demand from retail investors and strong community sentiment. Dogecoin will rise by 230.25% and touch $0.5384 on May 12.

That being said, a bearish scenario can occur if profit-taking sets in, which can witness a short-term decline to $0.0987. Despite volatility, Dogecoin is considered by many to be among the best cryptos to buy when short-term momentum builds.

Solana:

Solana witnessed notable price action in the recent past. As per news coverage, the SOL trading volume last week pushed its price over $124.52.

Bullish Solana scenario positions technical support around the $120 level. Upon breakout, Solana will go up by 11.87% and achieve $137.83  by May 12th. The reason supporting the bull argument is persistent interest from developers and new projects using its blockchain for strong dApps.

Or, in a bearish scenario, a drop as low as $180 will bring about selling, which will have the ability to push SOL under key moving averages. Technical indicators, however, currently lean towards a bullish prediction, hence still making it into the running for one of the top cryptos to buy.

Remittix

Remittix (RTX) tries to solve a very real issue that has held back crypto adoption: inefficient cross-border transactions. The traditional banking system is costly and sluggish in conducting international payments. In most parts of the world, there are still millions of individuals without bank accounts.

These people depend on the use of cash via services that are both costly and time-consuming. Remittix offers a contemporary solution by using blockchain technology in bridging the gap between crypto and fiat payment systems.

It works by allowing users to fund bank accounts with money from a cryptocurrency wallet in over 30 different fiat currencies. The platform retains the intrinsic nature of cryptography in that users are in control of their funds and are offered privacy.

That said, it also pertains to modern-day finance as it ensures that the recipients receive cash promptly. Selling over 528 million RTX tokens in its ICO, Remittix has gained overwhelming acceptance. The current DeFi coin rate of RTX costs $0.0734, which is a welcome sight for early investors. 

• XRP bulls put effort into defending the $2.00 support as the crypto market recovers from tariff-triggered drawdowns.
• Whales embark on a fresh risk-on mode, scooping more XRP tokens ahead of a possible climb to $3.00.
• A MACD buy signal and an uptrending RSI reinforce the bullish momentum on Monday.
• A 2.75% drop in the derivatives’ open interest calls for caution among traders and suggests potential downside risks.

Ripple (XRP) price grinds higher and trades at $2.15 during the early European session on Monday. The token sustained a bullish outlook throughout the weekend supported by bullish sentiment from the 90-day tariff suspension in the United States. XRP relies on the immediate $2.00 support to collect more liquidity as whales launch a new buying spree, taking advantage of the recent drawdowns in the crypto market.

XRP whales go on a buying spree as risk-off sentiment fades 

Global markets, including crypto, have suffered under heightened liquidity and sustained drawdowns since April 2, when United States (US) President Donald Trump announced reciprocal tariffs. Digital assets like Bitcoin (BTC), Ethereum (ETH), and XRP started recovering mid-last week, as President Trump changed his tune on tariffs, suspending the new policy for 90 days. 

However, the President turned the tariff war a notch higher on China, levying the Asian economic giant a 145% duty on goods exported to the US. China, not relenting, retaliated with a 125% duty on United States goods, adding that it would fight to the end. 

President Trump made another surprise move on Friday, exempting certain goods, including smartphones, computers, and devices like semiconductors, from his reciprocal tariffs, according to a CNBC article.

The cryptocurrency market continued to trade positively over the weekend despite President Trump clarifying that exemptions are not permanent. Moreover, he said goods will still attract the existing 20% fentanyl tariffs.

XRP whales responded positively to the tariff news from the middle of last week, increasing their holdings. Per Santiment’s data, wallets with between 1 million and 10 million XRP have grown to hold 9.27% of the total supply. Similarly, addresses between 10 million and 100 million accounted for 11.61% of the total supply. These wallets’ gradual but steady growth hints at rising risk appetite among the whales. If the uptake of XRP continues, bullish momentum could soar, lifting XRP price towards the $3.00 level.

XRP price on the cusp of a breakout 

XRP holds between two key levels highlighted by the 200-day Exponential Moving Average (EMA) at $1.95 as support and the short-term confluence resistance showcased by the 50-day EMA and the 100-day EMA at $2.25.

A buy signal from the Moving Average Convergence Divergence (MACD) indicator further affirms the bullish outlook. As the MACD recovers toward the mean line and histograms flip green, the path of the least resistance clears, targeting previously tested resistance levels at $2.75 and $3.00.

The Relative Strength Index (RSI) indicator, holding neutral at 49.95 while trending higher, upholds the bullish outlook. Traders could seek more exposure as the RSI steadies into the upper neutral half. Note that breaching the descending trendline resistance in the RSI indicator would further reinforce the bullish grip.

XRP/USD daily chart

On the other hand, traders must be cautious not to overexpose their capital, considering the drop in the derivatives’ Open Interest (OI) by 2.75% in the last 24 hours to $3.29 billion. A 40% drop in volume to $9.99 billion in the same timeframe could mean that existing positions are closed significantly, dampening bullish momentum.

XRP derivatives data | Source: Coinglass

Liquidations hit $13.86 million in the last 24 hours, with long positions being the hardest hit at $8.2 million amid $5.66 million in short positions. As the price increases, long position holders may choose to take profit, reducing their exposure. Moreover, a decline in OI suggests that traders lack the conviction to open new positions.

The previous week in the crypto industry saw major reports surrounding XRP and bullish developments related to the coin.

Although the price of XRP has been slow to react to these developments, proponents remain hopeful that the token’s future is bright and that higher prices will eventually emerge.

Major XRP Development from Ripple’s Lawsuit

One of the most pivotal XRP-related events from last week was the agreement between Ripple and the SEC to pause their appeal processes. Both parties are now pursuing agreeable settlement terms.

Notably, Ripple has negotiated reduced fines from the SEC as well as the lifting of its ban on future XRP sales to institutions. While the agency has temporarily agreed to this request, the agreement is still subject to a vote from the SEC commissioners.

Final approval would end the nearly five-year-long lawsuit, an outcome many see as highly bullish for XRP.

Ripple’s Biggest Deal Ever and What It Means for XRP

Beyond legal developments, XRP also experienced a major milestone on the partnership front last week. The most significant of these was Ripple’s announcement of its largest acquisition to date: the purchase of Hidden Road for $1.25 billion.

Ripple’s Chief Technology Officer, David Schwartz, confirmed that the acquisition would significantly benefit XRP’s blockchain, the XRP Ledger (XRPL), and, by extension, its native token, XRP.

Some analysts have speculated that this development could allow the XRP Ledger to handle $1.5 trillion in annual transaction volume. Such a high level of capital flow through XRPL is viewed as highly bullish for the XRP coin.

Interestingly, XRP enthusiasts have highlighted Ripple CEO Brad Garlinghouse’s comment that the deal could help financial institutions like BlackRock enter the crypto space more easily. His mention of BlackRock sparked speculation about a potential partnership.

XRP ETF Debut

Additionally, an XRP ETF debuted in the U.S. market last week with significant momentum. Notably, this was the XXRP, a 2x leveraged ETF by Teucrium. On its first day of trading, it recorded a massive $5.4 million turnover, even in a largely bearish market. This figure was four times higher than that of a Solana ETF on its debut day.

This impressive ETF launch attracted industry-wide attention, with many interpreting it as further confirmation that demand for XRP products in the U.S. is underestimated. Commentators like John Deaton used the moment to suggest that XRP could rise in value to become the second-largest cryptocurrency after Bitcoin.

Bold Price Prediction from a Multinational Bank

Also last week, the XRP community welcomed bold price predictions from Standard Chartered, a multinational bank. Notably, the bank projected that XRP could reach $5.50 in 2025, which would mark a new all-time high. Looking further ahead, the bank forecasted that XRP could surpass $12 by 2028.

The XRP price prediction has entered another bullish frontier with the recent correction away from the bear that has plagued the market in the last few months. Opinion polls suggest the XRP price prediction could be more appropriately pegged at $3 before the end of April. However, while the new prediction stands on a bullish path, the market’s response has not been strong enough to warrant a quick pump.

In another light, the projected XRP price of $3 currently constitutes a 42% Pump from its current price. But as investors continue to search for other coins with surge potential, there is a new PayFi coin that analysts believe could see 100x following a market surge this year.

Why XRP Price Prediction Suggests $3 In April

XRP has continued to join the list of the top-performing coins in the last few months, posting a 500% pump in a run that lasted until January this year. However, with the market going bearish, the XRP price prediction, which was mostly bullish earlier in the year, has been bearish. The drop in the price also follows the rise in panic selling from holders and investors.

However, the recent response to the Trump tariff pause has seen bull activity return to the market. This has triggered a lot of buying, showing that the price could resume a bullish breakout. Furthermore, according to a Crypto Feednews analysis, the SEC appeal to pause their case against Ripple Lab is another factor that could add to the bullish outlook.

Technical Analysis Shows XRP On A Breakout

There has been rising analysis, with results pointing to a bullish breakout for Ripple’s price this month. While the crypto feednews analysis does not suggest a direct price on its XRP price prediction, it shows the coin. The analysis shows that the price has already broken its resistance. This points to a bullish potential for the XRP price to find new support, making the $3 range a much likely zone to settle this April.

As the selling pressure continues to drop, investors have returned to buying the dip, which is now creating a bullish pattern for the Ripple coin. However, the whole arrangement on the XRP price chart requires the coin to hold strong to the current zone to create a strong zone that other traders can trust.

Here Is Why Remittix 100x Potentials Is Growing Stronger This April

While the Remittix token has continued its presale rounds in the last few months, these last few weeks have seen the coin achieve a new record. The Remittix ICO has crossed the $14.4M mark, showing the growing interest in this new token from investors across the world. Furthermore, the buying pressure hitting the presale has now seen the ICO sell over 560,000,000 tokens from the 700,00,000, signaling that the presale could be ending soon.

However, one of the fundamental factors that has continued to help the Remittix token hit this rising trust from investors is its surge potential attached to real-world use cases. The Remittix exchange is a next-level crypto trading platform introducing a new solution that is revolutionising crypto payments.

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix

The week is ending bullish for most of the coins, according to CoinMarketCap.

BTC/USD

The price of Bitcoin (BTC) has risen by 1.44% over the last 24 hours.

Despite today’s rise, the rate of BTC is looking bearish on the hourly chart. If a breakout of the local support happens, the accumulated energy might be enough for a move to the $84,000 mark.

On the bigger time frame, the price of the main crypto is far from the key levels. If buyers want to restore the lost initiative, they need to restore the rate of BTC above the resistance of $88,772.

Related

In that case, the accumulated energy might be enough for a test of the $90,000 zone and above.

From the midterm point of view, traders should focus on the weekly candle closure. If it happens near $88,000 and with no long wick, the upward move is likely to continue to the $90,000-$92,000 range.

Bitcoin is trading at $84,496 at press time.