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Dogecoin Price Prediction: Two Bullish Patterns Converge, DOGE Could Ignite a Rally Upon Breaking $0.5

Dogecoin (DOGE) experienced a significant sell-off this week, dropping around 7% over the past seven days and currently trading near $0.13. Despite short-term pressure, analysts note that its long-term technical structure remains strong, with a key resistance level around $0.50. A decisive break above the $0.48–$0.50 zone could confirm a long-term bullish pattern, potentially opening upward momentum with an initial target of $1.88. On the weekly chart, DOGE has been forming a large expanding triangle and a multi-year "cup and handle" pattern. Recent pullbacks haven’t broken this structure. Key momentum indicators like RSI and MACD are showing signs of recovery, suggesting a possible trend reversal. A breakout could lead to targets between $0.72–$0.88 and later $1.80–$2.20, with longer-term potential toward $4–$6. On shorter timeframes, a potential inverse head and shoulders pattern is forming, indicating weakening selling pressure and a possible rebound. Additionally, real-world adoption is growing, with Argentina approving DOGE for tax payments and Alternative Airlines accepting it for flight tickets, supporting its fundamental utility.

金色财经12/08 09:47

Dogecoin Price Prediction: Two Bullish Patterns Converge, DOGE Could Ignite a Rally Upon Breaking $0.5

金色财经12/08 09:47

Analyst: Ripple (XRP) Price Could Rise from $2 to $10 in Less Than a Year

Cryptocurrency analyst Chad Steingraber predicts that XRP could surge from $2 to $10 in less than a year, driven by strong institutional demand through recently launched exchange-traded funds (ETFs). Key factors supporting this outlook include the rapid accumulation of XRP by ETFs. Data from SoSoValue shows that XRP-focused ETFs have absorbed over 506 million XRP (worth approximately $506 million) in under a month since their launch in November. This represents about 0.74% of XRP’s circulating supply—a significant level of adoption in a short time. Additionally, the Bitwise Crypto 10 Fund (BITW), which holds XRP as 5% of its portfolio, began trading with over $1.25 billion in assets. Steingraber draws parallels to Bitcoin’s post-ETF performance, suggesting that continued ETF inflows could propel XRP toward a 400% price increase by 2026. Technically, XRP’s chart patterns support a bullish outlook. On weekly charts, the token has broken out of a multi-month symmetrical triangle—a pattern often indicating a strong trend continuation. The measured move from this pattern suggests a potential rise to the $14–$15 range. A second pattern, a bull flag observed on higher timeframes, also points to a target near $14–$15, reinforcing the analyst’s prediction. The article includes standard disclaimers that it is not investment advice and all trading carries risk.

cointelegraph_中文前天 10:54

Analyst: Ripple (XRP) Price Could Rise from $2 to $10 in Less Than a Year

cointelegraph_中文前天 10:54

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