After a sharp climb last week, Ethereum price today is stabilizing just below the $2,600 mark. The short-term structure is forming a tight range as buyers attempt to hold key moving averages while watching volume signals for a potential breakout above local resistance.
On the 30-minute and 4-hour charts, Ethereum price has been consolidating between $2,560 and $2,590 after a sharp breakout on July 6. Price is riding along the mid-line of Bollinger Bands while staying above the VWAP and Parabolic SAR flip levels near $2,572 and $2,565, respectively. This suggests ongoing buyer interest despite a lack of immediate momentum.
The 4-hour Bollinger Bands have slightly expanded, allowing ETH to stretch higher without immediate rejection. Notably, the price is holding above the 20, 50, 100, and 200 EMAs, which are now stacked in a bullish alignment between $2,541 and $2,497. This dynamic cluster reinforces support and hints at a potential continuation setup.
After bouncing from the $142 support cluster last week, the Solana price today is consolidating just below the $154 resistance level. The structure remains within a tightening wedge, where the battle between bulls and bears is intensifying. With funding rates positive and open interest rising, speculative momentum is building ahead of a potential breakout.
Solana has formed a symmetrical triangle on the 4H chart, with higher lows from $142 and descending highs from the June peak near $157. This wedge compression is now squeezing price into a narrow apex zone between $150 and $154.
On the daily timeframe, SOL is also pinned below a descending trendline from April’s highs. However, price has reclaimed the mid-range of the recent structure and is now testing both the local trendline and a prior demand-turned-supply zone. The range between $154 and $157 is a confluence resistance that needs to be flipped for continuation.
If bulls break above this zone with volume, a revisit of $162 or even $171 is possible. But failure to clear …
Dogecoin price today is hovering near $0.171 after briefly spiking above $0.175 earlier this week. While the broader structure remains compressed, DOGE has pushed off its $0.16 support level with a strong impulse move, but now faces significant overhead resistance near $0.175–$0.180. The next 24–48 hours could prove critical for price direction.
Dogecoin price has climbed over 5% off the July 3 low of $0.162, with bulls attempting to reclaim ground above key trendlines. On the 4-hour chart, DOGE has broken above a falling wedge structure and is now consolidating just beneath the upper Bollinger Band at $0.174, while the mid-band supports at $0.1665.
Parabolic SAR dots have flipped beneath price action, confirming a shift toward bullish control in the short term.
From a Smart Money Concepts (SMC) perspective, DOGE has maintained structure above the latest BOS level near $0.158 and is now retesting a prior CHoCH zone between $0.170–$0.175. Price is trading within a tight liquidity pocket, indicating that bulls are cautiously …
Why Dogecoin
(DOGE) is surging has become the burning question among cryptocurrency
investors as the meme coin demonstrates new wave of resilience in Monday’s
trading session, 7 July, 2025.
Dogecoin
price has climbed 0.35% to $0.1721, establishing an intraday high of
$0.1766 – the highest level in a month. This surge follows Sunday’s impressive
4% appreciation, marking a stunning 24% rebound from June lows below
$0.1450.
Dogecoin
price today shows impressive technical strength with key support
established at $0.166. The breakout occurred between 12:00-13:00 on July 6,
with price jumping from $0.166 to $0.173 on massive 1.14 billion trading
volume. This represents a significant shift in market dynamics, particularly as
whale wallets accumulated aggressively while smaller retail holders exited
positions.
The technical analysis reveals:
24-hour
surge: 5.01% from $0.163 to $0.171
Key resistance: $0.173 during late-session
selling
Volume spike: Notable increases at 01:16
(12.8M) and 01:36 (8.0M)
Support confirmation: Strong base at $0.166 level
Why Dogecoin price is up today? Source: Tradingview.com
Why Dogecoin is Surging? Key
Market Drivers
Federal Reserve Rate Cut
Optimism Fuels Rally
The primary
catalyst behind why Dogecoin is going up stems from renewed optimism
surrounding potential Federal Reserve rate cuts. Dogecoin surged over 6% in the
past 24 hours, leading major cryptocurrency gains as Bitcoin approached the
$110,000 mark. The rally gained momentum after U.S. officials announced a
three-week extension for tariff negotiations, calming global trade fears that
had previously weighed on risk assets.
“Markets
are rallying after it was revealed countries will have more time to negotiate
before tariffs take effect,” explained Jeff Mei, COO at BTSE. “If we
see a soft CPI print on Tuesday, that could open the door for a Fed rate cut
later this year.”
Elon Musk’s America Party
Announcement Ignites DOGE Speculation
Dogecoin
news took a dramatic turn with Elon Musk’s surprise announcement of the
America Party over the weekend. The Tesla CEO’s new political platform,
featuring strong pro-Bitcoin rhetoric and criticism of Donald Trump’s
“anti-innovation” financial agenda, has sparked intense speculation
about Dogecoin’s potential role in Musk’s movement.
While no
formal mention of Dogecoin was made in the announcement, Musk’s
history of integrating DOGE into Tesla and X (formerly Twitter) products has
fueled market optimism. The announcement triggered heavy whale accumulation,
with trading volumes exceeding $1.1 billion as institutional investors
demonstrated renewed confidence in the meme coin.
“Optimism
surrounding the potential announcements of new U.S. trade deals and Elon Musk’s
supportive comment” are helping crypto prices, including Bitcoin, said Shawn
Young, Chief Analyst at crypto exchange MEXC. “However, despite the
headline-driven lift, the market’s underlying momentum remains muted,” with
cryptos stuck in consolidations.
Whale Activity Signals
Institutional Confidence
On-chain
data from IntoTheBlock reveals heavy buying from whale wallets, particularly
those holding 1M-100M DOGE tokens. This institutional accumulation pattern,
combined with retail position reduction, suggests a fundamental shift in Dogecoin ownership
structure that could support higher price levels.
Dogecoin
shares the
broader cryptocurrency market’s positive sentiment, with Bitcoin gaining 1.1%
to trade above $109,000 and Ethereum adding 2.5% to reach $2,570. Other major
cryptocurrencies including Solana, XRP, Cardano, and Tron posted 2-4% gains,
supported by strong institutional inflows and improving market sentiment.
Source: CoinMarketCap
Eugene
Cheung, Chief Commercial Officer at OSL, noted: “The BTC bounce and ETH
inflows show traders are rotating into long-term value assets. We expect more
investors to seek shelter in crypto as macro volatility builds.”
According to Simon Peters, crypto analyst at eToro, “We could see some greater movement this week, as
investors return from the ‘Independence Day’ public holiday and digest the
passing of Trump’s ‘One Big Beautiful Bill’.”
“The Congressional Budget Office estimates the bill could add $3.4
trillion to federal deficits over the next 10 years. The forecasts of
increasing US government debt may drive more investor interest to bitcoin as
investors seek refuge from any future currency debasement.”
Political and Economic
Uncertainty
The
combination of Trump’s tariff deadline concerns and potential Federal Reserve
policy shifts has created a perfect storm for cryptocurrency adoption.
Investors increasingly view digital assets as hedges against traditional
financial system volatility, with Dogecoin price benefiting from this
broader narrative shift.
Technical Analysis:
Dogecoin Chart Breakdown
Based on my
technical analysis, the price of Dogecoin has changed direction. After moving
downward from the May highs within a bearish regression channel, the price
broke out to the upside and is now moving within a narrower but bullish green
regression channel.
There is
local resistance around the $0.00 level, which is currently drawing my
attention. Not far from this resistance zone lies the 50-day exponential moving
average (50 EMA), which will strengthen the current resistance area.
On a
positive note, Dogecoin is attempting to break above the $0.17 level, which had
previously served as resistance, marked by the lows seen in April, May, and the
first part of June.
If the
price manages to rise above the 50 EMA, the next target for me is the local
high from June 11 at around $0.20, which aligns with the 200 EMA—the 200-day
exponential moving average.
A
successful breakout above this range could open the path for a return to the
May highs near the $0.26 mark.
Monthly Structure and
Trend Analysis
The monthly
structure on Dogecoin reflects a prolonged downtrend capped by
repeated lower highs, with current price action coiling just below a descending
trendline. After a failed breakout attempt in early June near $0.215, DOGE
retraced sharply but found crucial support above $0.150 – a key demand zone
reinforced by prior consolidation patterns.
Volume and Liquidity
Considerations
Current
tightening price action inside a falling wedge aligns with a low-volume node
between $0.165 and $0.175. This technical setup, combined with the recent whale
accumulation patterns, suggests potential for explosive price movement in
either direction depending on broader market catalysts.
Dogecoin Price Predictions
abd Future Outlook: Expert Analysis for 2025
Short-Term Outlook: July
2025
Cryptocurrency
analysts present varied but generally optimistic Dogecoin price
predictions for the remainder of July 2025. Technical analysis suggests
potential upside targets between $0.192 and $0.205 if bulls successfully
reclaim current resistance levels. However, a break below $0.155 could trigger
a retest of the broader demand zone between $0.138 and $0.127.
Medium-Term Projections:
2025 Forecast
Why Dogecoin
is going up becomes clearer when examining longer-term analyst
projections:
Coinpedia forecasts: Maximum value of $1.07 by
2025, with minimum at $0.62 and average around $0.84
Long-Term Vision: 2030 and
Beyond
Extended Dogecoin
price predictions show remarkable optimism among cryptocurrency experts.
Coinpedia anticipates potential fluctuation between $2.52 and $3.035 by 2030,
while CoinMarketCap projects reaching a high of $1.57 and low of $1.31 during
the same period.
Dogecoin Price Predictions
Table
Time Frame
Source /
Basis
Forecast
Range (USD)
Notes
Short-Term
Technical
Analysis (July 2025)
$0.127 –
$0.205
Break below $0.155 could lead to
$0.127; upside capped at ~$0.205
Medium-Term
Changelly
$0.33 (end
of 2025)
Conservative
bullish scenario
CoinDCX
$0.55 (Q2
2025)
$1+ (end)
Assumes
strong bullish continuation
Coinpedia
Min: $0.62
Avg: $0.84
Max: $1.07
Suggests broad trading range by
end of 2025
Long-Term
(2030)
Coinpedia
$2.52 –
$3.035
High optimism over long-term
adoption
CoinMarketCap
$1.31 –
$1.57
More conservative long-term
estimate
Analyst Perspectives on
Dogecoin’s Future
Institutional Adoption
Potential
The shift
toward institutional accumulation represents a fundamental change in Dogecoin’s market
dynamics. Unlike previous retail-driven rallies, current price action
demonstrates sophisticated investor participation that could provide more
sustainable support levels.
Regulatory and Political
Factors
Musk’s
America Party announcement adds a new political dimension to Dogecoin
analysis. The potential integration of cryptocurrency themes into mainstream
political discourse could significantly impact long-term adoption and price
stability.
Dogecoin vs. Crypto Market
Context
Comparative Performance
Analysis
Dogecoin
stock (though
technically a cryptocurrency) has outperformed many traditional crypto assets
in recent sessions. The 6% daily gain significantly exceeded Bitcoin’s 1.1% and
Ethereum’s 2.5% increases, demonstrating renewed investor appetite for
meme-based digital assets.
Market Capitalization
Implications
Current
trading volumes exceeding $1.5 billion represent relatively high activity
levels, particularly for weekend trading periods. This sustained interest
suggests Dogecoin price movements may continue attracting significant
market attention throughout July 2025.
The
convergence of Federal Reserve policy speculation, Elon Musk’s political
ambitions, and technical breakout patterns creates a compelling narrative
for why Dogecoin is surging. While cryptocurrency markets remain
inherently volatile, current data suggests DOGE has established crucial support
levels that could facilitate further upward movement toward analyst price
targets.
Dogecoin News FAQ
Will DOGE Reach $1?
Yes,
multiple analysts believe Dogecoin can reach $1, with some projecting this
milestone by late 2025. Based on current market analysis and expert
predictions, Dogecoin reaching $1 appears increasingly feasible. CoinDCX
projections suggest bullish momentum could drive DOGE toward $0.55 by Q2
2025, with potential for $1+ by year-end. Coinpedia’s forecasts are even
more optimistic, anticipating a maximum value of $1.07 by 2025.
How Much Is $500 Worth of
Dogecoin Right Now?
At the
current price of $0.1721, $500 would purchase approximately 2,906 DOGE tokens.
Here’s the calculation breakdown:
Current
DOGE price: $0.1721
Investment
amount: $500
DOGE
tokens acquired: $500 ÷ $0.1721 = 2,906 DOGE
Value
scenarios based on analyst predictions:
If DOGE reaches $0.33 (Changelly’s 2025
target): Your 2,906 tokens = $958.98
If DOGE reaches $1.00 (optimistic 2025 target):
Your 2,906 tokens = $2,906
If DOGE reaches $2.00: Your 2,906 tokens = $5,812
Should I Pull My Money Out
of Dogecoin?
The
decision depends on your risk tolerance, investment timeline, and current
market analysis – but recent data suggests institutional confidence is growing.
Reasons to consider holding:
Whale accumulation: Large investors are buying
DOGE while retail investors sell, indicating institutional confidence
Technical support: Strong support established at
$0.166 with 24% rebound from June lows
Positive catalysts: Elon Musk’s America Party and
potential Fed rate cuts provide upside momentum
Analyst optimism: Multiple forecasts project
significant upside potential through 2025
Can Dogecoin Reach $2?
Yes,
long-term projections suggest Dogecoin could reach $2, though this target
appears more likely in the 2028-2030 timeframe.
Path to $2 analysis:
Current
price: $0.1721
Required
growth: Approximately 1,062% increase
Market cap implications: At $2, DOGE would have a
market cap of roughly $295 billion
Supporting factors for $2 target:
Extended timeline projections: Coinpedia anticipates DOGE
fluctuating between $2.52 and $3.035 by 2030
Institutional adoption: Growing whale accumulation
suggests professional investor interest
Political integration: Musk’s America Party could
mainstream cryptocurrency adoption
Inflation hedge narrative: Cryptocurrencies increasingly
viewed as alternatives to traditional assets
Why Dogecoin
(DOGE) is surging has become the burning question among cryptocurrency
investors as the meme coin demonstrates new wave of resilience in Monday’s
trading session, 7 July, 2025.
Dogecoin
price has climbed 0.35% to $0.1721, establishing an intraday high of
$0.1766 – the highest level in a month. This surge follows Sunday’s impressive
4% appreciation, marking a stunning 24% rebound from June lows below
$0.1450.
Dogecoin
price today shows impressive technical strength with key support
established at $0.166. The breakout occurred between 12:00-13:00 on July 6,
with price jumping from $0.166 to $0.173 on massive 1.14 billion trading
volume. This represents a significant shift in market dynamics, particularly as
whale wallets accumulated aggressively while smaller retail holders exited
positions.
The technical analysis reveals:
24-hour
surge: 5.01% from $0.163 to $0.171
Key resistance: $0.173 during late-session
selling
Volume spike: Notable increases at 01:16
(12.8M) and 01:36 (8.0M)
Support confirmation: Strong base at $0.166 level
Why Dogecoin price is up today? Source: Tradingview.com
Why Dogecoin is Surging? Key
Market Drivers
Federal Reserve Rate Cut
Optimism Fuels Rally
The primary
catalyst behind why Dogecoin is going up stems from renewed optimism
surrounding potential Federal Reserve rate cuts. Dogecoin surged over 6% in the
past 24 hours, leading major cryptocurrency gains as Bitcoin approached the
$110,000 mark. The rally gained momentum after U.S. officials announced a
three-week extension for tariff negotiations, calming global trade fears that
had previously weighed on risk assets.
“Markets
are rallying after it was revealed countries will have more time to negotiate
before tariffs take effect,” explained Jeff Mei, COO at BTSE. “If we
see a soft CPI print on Tuesday, that could open the door for a Fed rate cut
later this year.”
Elon Musk’s America Party
Announcement Ignites DOGE Speculation
Dogecoin
news took a dramatic turn with Elon Musk’s surprise announcement of the
America Party over the weekend. The Tesla CEO’s new political platform,
featuring strong pro-Bitcoin rhetoric and criticism of Donald Trump’s
“anti-innovation” financial agenda, has sparked intense speculation
about Dogecoin’s potential role in Musk’s movement.
While no
formal mention of Dogecoin was made in the announcement, Musk’s
history of integrating DOGE into Tesla and X (formerly Twitter) products has
fueled market optimism. The announcement triggered heavy whale accumulation,
with trading volumes exceeding $1.1 billion as institutional investors
demonstrated renewed confidence in the meme coin.
“Optimism
surrounding the potential announcements of new U.S. trade deals and Elon Musk’s
supportive comment” are helping crypto prices, including Bitcoin, said Shawn
Young, Chief Analyst at crypto exchange MEXC. “However, despite the
headline-driven lift, the market’s underlying momentum remains muted,” with
cryptos stuck in consolidations.
Whale Activity Signals
Institutional Confidence
On-chain
data from IntoTheBlock reveals heavy buying from whale wallets, particularly
those holding 1M-100M DOGE tokens. This institutional accumulation pattern,
combined with retail position reduction, suggests a fundamental shift in Dogecoin ownership
structure that could support higher price levels.
Dogecoin
shares the
broader cryptocurrency market’s positive sentiment, with Bitcoin gaining 1.1%
to trade above $109,000 and Ethereum adding 2.5% to reach $2,570. Other major
cryptocurrencies including Solana, XRP, Cardano, and Tron posted 2-4% gains,
supported by strong institutional inflows and improving market sentiment.
Source: CoinMarketCap
Eugene
Cheung, Chief Commercial Officer at OSL, noted: “The BTC bounce and ETH
inflows show traders are rotating into long-term value assets. We expect more
investors to seek shelter in crypto as macro volatility builds.”
According to Simon Peters, crypto analyst at eToro, “We could see some greater movement this week, as
investors return from the ‘Independence Day’ public holiday and digest the
passing of Trump’s ‘One Big Beautiful Bill’.”
“The Congressional Budget Office estimates the bill could add $3.4
trillion to federal deficits over the next 10 years. The forecasts of
increasing US government debt may drive more investor interest to bitcoin as
investors seek refuge from any future currency debasement.”
Political and Economic
Uncertainty
The
combination of Trump’s tariff deadline concerns and potential Federal Reserve
policy shifts has created a perfect storm for cryptocurrency adoption.
Investors increasingly view digital assets as hedges against traditional
financial system volatility, with Dogecoin price benefiting from this
broader narrative shift.
Technical Analysis:
Dogecoin Chart Breakdown
Based on my
technical analysis, the price of Dogecoin has changed direction. After moving
downward from the May highs within a bearish regression channel, the price
broke out to the upside and is now moving within a narrower but bullish green
regression channel.
There is
local resistance around the $0.00 level, which is currently drawing my
attention. Not far from this resistance zone lies the 50-day exponential moving
average (50 EMA), which will strengthen the current resistance area.
On a
positive note, Dogecoin is attempting to break above the $0.17 level, which had
previously served as resistance, marked by the lows seen in April, May, and the
first part of June.
If the
price manages to rise above the 50 EMA, the next target for me is the local
high from June 11 at around $0.20, which aligns with the 200 EMA—the 200-day
exponential moving average.
A
successful breakout above this range could open the path for a return to the
May highs near the $0.26 mark.
Monthly Structure and
Trend Analysis
The monthly
structure on Dogecoin reflects a prolonged downtrend capped by
repeated lower highs, with current price action coiling just below a descending
trendline. After a failed breakout attempt in early June near $0.215, DOGE
retraced sharply but found crucial support above $0.150 – a key demand zone
reinforced by prior consolidation patterns.
Volume and Liquidity
Considerations
Current
tightening price action inside a falling wedge aligns with a low-volume node
between $0.165 and $0.175. This technical setup, combined with the recent whale
accumulation patterns, suggests potential for explosive price movement in
either direction depending on broader market catalysts.
Dogecoin Price Predictions
abd Future Outlook: Expert Analysis for 2025
Short-Term Outlook: July
2025
Cryptocurrency
analysts present varied but generally optimistic Dogecoin price
predictions for the remainder of July 2025. Technical analysis suggests
potential upside targets between $0.192 and $0.205 if bulls successfully
reclaim current resistance levels. However, a break below $0.155 could trigger
a retest of the broader demand zone between $0.138 and $0.127.
Medium-Term Projections:
2025 Forecast
Why Dogecoin
is going up becomes clearer when examining longer-term analyst
projections:
Coinpedia forecasts: Maximum value of $1.07 by
2025, with minimum at $0.62 and average around $0.84
Long-Term Vision: 2030 and
Beyond
Extended Dogecoin
price predictions show remarkable optimism among cryptocurrency experts.
Coinpedia anticipates potential fluctuation between $2.52 and $3.035 by 2030,
while CoinMarketCap projects reaching a high of $1.57 and low of $1.31 during
the same period.
Dogecoin Price Predictions
Table
Time Frame
Source /
Basis
Forecast
Range (USD)
Notes
Short-Term
Technical
Analysis (July 2025)
$0.127 –
$0.205
Break below $0.155 could lead to
$0.127; upside capped at ~$0.205
Medium-Term
Changelly
$0.33 (end
of 2025)
Conservative
bullish scenario
CoinDCX
$0.55 (Q2
2025)
$1+ (end)
Assumes
strong bullish continuation
Coinpedia
Min: $0.62
Avg: $0.84
Max: $1.07
Suggests broad trading range by
end of 2025
Long-Term
(2030)
Coinpedia
$2.52 –
$3.035
High optimism over long-term
adoption
CoinMarketCap
$1.31 –
$1.57
More conservative long-term
estimate
Analyst Perspectives on
Dogecoin’s Future
Institutional Adoption
Potential
The shift
toward institutional accumulation represents a fundamental change in Dogecoin’s market
dynamics. Unlike previous retail-driven rallies, current price action
demonstrates sophisticated investor participation that could provide more
sustainable support levels.
Regulatory and Political
Factors
Musk’s
America Party announcement adds a new political dimension to Dogecoin
analysis. The potential integration of cryptocurrency themes into mainstream
political discourse could significantly impact long-term adoption and price
stability.
Dogecoin vs. Crypto Market
Context
Comparative Performance
Analysis
Dogecoin
stock (though
technically a cryptocurrency) has outperformed many traditional crypto assets
in recent sessions. The 6% daily gain significantly exceeded Bitcoin’s 1.1% and
Ethereum’s 2.5% increases, demonstrating renewed investor appetite for
meme-based digital assets.
Market Capitalization
Implications
Current
trading volumes exceeding $1.5 billion represent relatively high activity
levels, particularly for weekend trading periods. This sustained interest
suggests Dogecoin price movements may continue attracting significant
market attention throughout July 2025.
The
convergence of Federal Reserve policy speculation, Elon Musk’s political
ambitions, and technical breakout patterns creates a compelling narrative
for why Dogecoin is surging. While cryptocurrency markets remain
inherently volatile, current data suggests DOGE has established crucial support
levels that could facilitate further upward movement toward analyst price
targets.
Dogecoin News FAQ
Will DOGE Reach $1?
Yes,
multiple analysts believe Dogecoin can reach $1, with some projecting this
milestone by late 2025. Based on current market analysis and expert
predictions, Dogecoin reaching $1 appears increasingly feasible. CoinDCX
projections suggest bullish momentum could drive DOGE toward $0.55 by Q2
2025, with potential for $1+ by year-end. Coinpedia’s forecasts are even
more optimistic, anticipating a maximum value of $1.07 by 2025.
How Much Is $500 Worth of
Dogecoin Right Now?
At the
current price of $0.1721, $500 would purchase approximately 2,906 DOGE tokens.
Here’s the calculation breakdown:
Current
DOGE price: $0.1721
Investment
amount: $500
DOGE
tokens acquired: $500 ÷ $0.1721 = 2,906 DOGE
Value
scenarios based on analyst predictions:
If DOGE reaches $0.33 (Changelly’s 2025
target): Your 2,906 tokens = $958.98
If DOGE reaches $1.00 (optimistic 2025 target):
Your 2,906 tokens = $2,906
If DOGE reaches $2.00: Your 2,906 tokens = $5,812
Should I Pull My Money Out
of Dogecoin?
The
decision depends on your risk tolerance, investment timeline, and current
market analysis – but recent data suggests institutional confidence is growing.
Reasons to consider holding:
Whale accumulation: Large investors are buying
DOGE while retail investors sell, indicating institutional confidence
Technical support: Strong support established at
$0.166 with 24% rebound from June lows
Positive catalysts: Elon Musk’s America Party and
potential Fed rate cuts provide upside momentum
Analyst optimism: Multiple forecasts project
significant upside potential through 2025
Can Dogecoin Reach $2?
Yes,
long-term projections suggest Dogecoin could reach $2, though this target
appears more likely in the 2028-2030 timeframe.
Path to $2 analysis:
Current
price: $0.1721
Required
growth: Approximately 1,062% increase
Market cap implications: At $2, DOGE would have a
market cap of roughly $295 billion
Supporting factors for $2 target:
Extended timeline projections: Coinpedia anticipates DOGE
fluctuating between $2.52 and $3.035 by 2030
Institutional adoption: Growing whale accumulation
suggests professional investor interest
Political integration: Musk’s America Party could
mainstream cryptocurrency adoption
Inflation hedge narrative: Cryptocurrencies increasingly
viewed as alternatives to traditional assets
XRP price could potentially reach the double-digit range if it follows Bitcoin’s trajectory, especially as Bitcoin doubles in value each year through 2030.
Currently, Bitcoin (BTC) has been stuck in a consolidation phase, and this has expectedly impacted the broader crypto market, with XRP also observing a similar range-bound phase.
XRP Following Bitcoin Footsteps Despite Recent Decoupling
However, while altcoins have ranged for five months, BTC has observed new all-time highs within this period. This has triggered a massive upsurge in Bitcoin dominance, but several analysts expect this trend to flip soon, anticipating a period when altcoins will recover, dubbed the “altcoin season.”
Being the second-largest altcoin, XRP will likely benefit from such a recovery push. Now, despite the current lackluster performance among these altcoins, whenever Bitcoin stages a rebound, the broader market follows albeit at a slower pace than in recent times.
Interestingly, data from CoinMarketCap confirms this pattern. Market data indicates that XRP has trailed Bitcoin’s direction over the past month, except for a slight deviation from June 25 to 28, when XRP collapsed but Bitcoin displayed greater resilience to bearish pressure.However, currently, both coins are again moving alongside each other.
Bitcoin and XRP Price Correlation
This close price correlation could either be beneficial or detrimental to XRP. For one, when Bitcoin collapses, XRP is likely to observe a similar price crash. However, several analysts expect XRP to also recover during periods of Bitcoin rebound. This is especially favorable, considering the bullish prospects surrounding Bitcoin.
XRP Price if Bitcoin Doubles Every Year Until 2030
Amid this correlation, The Crypto Basic recently assessed how much XRP price would grow if Bitcoin’s price doubled every year until 2030. Bitcoin currently trades for $108,000. If it doubles every year, by 2027, the price of BTC will be $432,000. Also, in 2029, this value will have risen to $1,728,000.
By 2030, the price of Bitcoin will have reached $3,456,000. Notably, from the current price of $108,000, Bitcoin would need to rally 3,100% to reach the $3.456 million mark by 2030. Interestingly, Thomas Father, co-founder of Apollo, predicted last June that BTC could reach $3.5 million by 2030.
Now, should Bitcoin grow 3,100% to the $3.45 million level by 2030, what effect would this have on XRP’s price? Notably, XRP currently changes hands at $2.21. If XRP sees a comparative 3,100% increase from the current price, its value per token would rise to a whopping $70.72.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
XRP price recorded 3.7% increase today as the broader crypto market was in the green today.
XRP has maintained above the $2.20 level, indicating that the bulls are keeping the brief support.
Amid this, a popular crypto market expert has shared a crucial resistance for the Ripple coin, that the asset must breach to continue its rally ahead.
On the flip side, another market analyst has warned of a significant crash in the asset’s value if it loses a key support ahead.
XRP Price Slips But Holds the $2.2 Support
The global crypto market cap climbed around 1.18% to $3.36 trillion, and the overall trading volume increased by over 5% to $73.96 billion.
Notably, the ongoing volatility has spooked the market participants over a waning interest in the digital assets.
Notably, BTC price gained by 0.32% today to $108k, while the altcoins also recorded a slump. The top altcoin Ethereum price rose by over 2% to $2,551 during writing.
Amid this, XRP price also recorded a rise of over 2% and exchanged hands at $2.26.
Simultaneously, its one-day trading volume rose more than 91% to $2.28 billion, indicating a drastic rise in trading activity in the market.
Meanwhile, Ripple coin has hovered between a 24-hour high and low of $2.21 and $2.26. Notably, the token’s Futures Open Interest also fell more than 2.4%, indicating the cautious stance of the traders in the asset.
However, XRP’s Relative Strength Index or RSI stayed at 52, indicating the asset is currently at a neutral state.
XRP Price Chart | Source: TradingView
In other words, the technical indicator suggests that the crypto is neither in a bullish nor a bearish state for now.
What Lies Ahead for Ripple Coin?
Amid the ongoing volatile scenario in the XRP price, top analysts have shared key insights on the future trajectory of the coin.
For context, in a recent X post, a renowned market expert, Ali Martinez, has highlighted a key resistance level for the crypto to continue its upward momentum ahead.
Additionally, Martinez said that the “key resistance level for XRP is $2.38.” Besides, he also noted that breaking the level could “trigger” a major move ahead for Ripple coin.
Ripple Coin Price Analysis | Source: Ali Martinez, X
Besides, EGRAG CRYPTO has also shared a latest prediction, which has sparked discussions among market participants.
According to a recent technical chart shared on X, EGRAG has deemed the recent measured target for XRP price as “Bellissimo.”
It is a term expressing admiration in Italian for what he believes could be a “very beautiful” price trajectory ahead.
Notably, the chart he shared showed a classic symmetrical triangle formation. He has noted a consolidation pattern known to precede major breakouts.
Bullish Momentum Noted
In this case, XRP price has exited the triangle to the upside, signaling bullish momentum. The technical overlay projects a minimum price target near $120, representing a staggering 9,000% gain from the current levels around $2.23.
XRP Price Prediction | Source: EGRAG CRYPTO, X
The Fibonacci retracement levels plotted on the right also support several key resistance levels, particularly around $3.52, $9.13, $15, and $30, which traders will likely monitor for signs of confirmation or exhaustion.
However, EGRAG also cautions of a potential macro retest. For context, he has warned of a pullback to $1.24 to validate the breakout level before further upward movement.
This aligns with traditional technical playbooks where pullbacks often follow initial breakouts, providing stronger bases for future rallies.
However, when a user mentioned that a pullback to $1.24 would be brutal, he cited that as a “lifetime opportunity.”
In other words, even if the XRP price crashes in the near term, the expert is likely to remain bullish on the asset’s long-term trajectory.
Bitcoin and Solana can reach parabolic new highs if both crypto tokens successfully complete a cup and handle pattern, according to analysis.
BTC price and SOL price targets are $230,000 and $4,390, respectively.
SOL/USD would need to deliver gains of nearly 3,000% to hit the breakout top level.
Bitcoin (BTC) can reach $230,000 if a classic breakout move completes successfully, a new prediction states.
In his latest analysis, the popular X content creator, Trader Alan, delivered a giant $4,390 Solana (SOL) price target.
Solana “waiting” for breakout with $4,390 target
Bitcoin has spent seven weeks acting within a narrow range, but as time goes on, anticipation is growing as to where BTC price action will head next.
For Trader Alan, a familiar chart pattern holds the key — and so far, progress is exactly what bulls are hoping for.
“Bitcoin and Solana Cup and Handle Pattern on monthly chart,” he told X followers, adding that SOL/USD is currently attempting to copy BTC.
A cup-and-handle pattern is a well-known bullish setup in which price returns to a previous high, consolidates and then continues higher, often with explosive results.
As Cointelegraph reported, BTC/USD has already completed a long-term cup and handle, from its 2021 peak to 2022 low and back up, followed by its first trip to the $100,000 mark.
“$BTC has broken out the handle while $SOL is still waiting for the breakout,” Alan claims about the latest iterations of the pattern, which in Bitcoin’s case extends the breakout beyond the 2021 high.
“This pattern sets $BTC and $SOL to targets of $230,000 and $4,390 respectively.”
BTC/USD vs. SOL/USD comparison. Source: Trader Alan/X
Bitcoin dominance keeps altcoins in check
While the BTC/USD target still represents 115% gains, it is comparatively modest when viewed next to Solana’s roadmap, which calls for upside of nearly 3,000%.
SOL/USD currently trades at around $150, while the pair’s all-time high from January 2025 is $294, per data from Cointelegraph Markets Pro and TradingView.
In the absence of “altseason,” however, such a parabolic move faces significant hurdles. Bitcoin’s dominance of the overall crypto market cap continues to grow, passing 65% to reach its highest levels since early 2021.
However, as Cointelegraph noted, BTC dominance hitting 70% has historically coincided with the start of altcoin strength.
Earlier, popular trader and analyst Rekt Capital added that this cycle may not need a tag of the 70% zone for altseason to begin.
Bitcoin crypto market cap dominance 1-week chart. Source: Cointelegraph/TradingView
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
What could XRP price be if it handled 25% of the projected value of global remittances by 2029, especially if the market fully priced in its value?
Notably, crypto proponents believe XRP remains undervalued, especially when you consider its speed, scalability, and growing role in cross-border payments. Currently changing hands at $2.22, it still trades below what some say reflects its real-world use.
Specifically, Ripple continues to build partnerships across key regions, but the market has yet to fully recognize the long-term value behind that adoption.
XRP Set to Capture a Growing Remittance Market
Meanwhile, the remittance market keeps expanding. According to recent projections, the global remittance industry will grow from $782.54 billion in 2024 to $832.57 billion in 2025, marking a steady 6.4% annual growth rate.That same growth pace should carry the industry to about $1.067 trillion by 2029.
A recent business report suggested that factors such as rising migration, economic gaps between countries, and the spread of mobile and digital financial services could trigger this growth.
Amid the projected expansion, Ripple has set itself up to take advantage of the change. Specifically, the company has already secured partnerships in high-remittance markets such as Brazil, Mexico, the UAE, Saudi Arabia, Vietnam, and the Philippines.
Ripple leverages XRP because it processes transactions in seconds using a consensus mechanism that doesn’t rely on energy-heavy mining. The network can handle thousands of transactions per second, making it suitable for the high-volume demands of international payments.
Moreover, legal clarity has improved, particularly in the U.S., where XRP is no longer treated as a security in retail sales. Importantly, this will allow more financial institutions to now use XRP without fear of regulatory pushback.
XRP Price if It Handles 25% of Global Remittances by 2029
With such an expected growth, we assessed where XRP’s price could go if it plays a major role in global remittances, leveraging a market share-based model.
Instead of just measuring how much money XRP could move, this model estimates how the market might value its network in line with how investors typically value remittance and payment companies like Visa, PayPal, or Western Union.
Most of these companies trade at valuations equal to one to three times their annual payment volume. For this analysis, we used a middle-ground 2x multiplier on the projected 2029 remittance volume of $1.067 trillion. This gives the remittance industry an estimated market capitalization of $2.134 trillion by 2029.
If XRP captures 25% of that market cap, it would represent a network value of $533.5 billion. With a circulating supply of 60 billion XRP, the token would need to trade at $8.89 to reflect that value. This alone would mark a strong price increase from its current level.
However, this estimate only reflects XRP’s practical use.In crypto, real-world utility often drives more demand, which in turn brings extra buying pressure. If growing adoption and investor confidence add just a 4x demand premium, XRP’s price could rise to $35.56.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
After weeks of range-bound movement, XRP price is gaining momentum as it tests the upper trendline of a symmetrical triangle formation. XRP price today has moved above $2.26 with volume support and a clean break above short-term resistance at $2.24. Traders are watching this zone closely as the breakout attempt from the long-standing compression structure continues to unfold.
What’s Happening With XRP’s Price?
XRP has been trading inside a multi-month symmetrical triangle since its November 2024 peak near $3.60. This structure has compressed volatility into a tightening apex, now approaching its final phase. As of July 6, XRP has tagged the upper boundary of the triangle while holding above the rising support base at $2.05.
The daily TSI shows a shallow positive crossover forming, indicating the first early sign of momentum return. Meanwhile, Parabolic SAR dots have flipped below price action, further hinting that bullish control may be building. A breakout above the $2.30–$2.34 region would confirm the pattern and potentially open the path to $2.58 and $3.00.
On the hourly chart, the rate of ADA might have set a local resistance of $0.5906. As most of the ATR has been passed, any sharp moves are unlikely to happen by tomorrow.
From the midterm point of view, the picture is similar. The weekly bar is about to close neutral, which means traders are unlikely to witness increased volatility next week.