Bitcoin price shows strength above its recent lows Here is why

A stock market recovery, investors' anticipation of upcoming US inflation data and risks to the US dollar dominance are fuelling Bitcoins recent price gains.

View Details

Crypto Analyst Predicts Dogecoin Will Rise 3,600% To $3.7, Heres When

Crypto analyst Trader Tardigrade has made an ultra-bullish prediction for Dogecoin (DOGE), suggesting that the foremost meme coin will rise to $3.7. The analyst also provided insights into when this meteoric rise will happen.  When Dogecoin Will Rise To $3.7 The accompanying chart, which Trader Tardigrade shared in his analysis, showed that Dogecoin will rise to $3.7 in 2025 and could be the peak for the foremost meme coin in this market cycle. As part of his analysis, the crypto analyst explained why he was confident that a price pump was on the horizon for the foremost meme coin.  Related Reading: Bitcoin Rainbow Chart Forecasts An End To Bearish Headwinds With $60,000+ Target Trader Tardigrade mentioned that Dogecoin consistently forms inverse Head and Shoulders in each cycle. He further noted that the mem coin is currently at the right shoulder in this cycle, meaning that the price rally that comes after the corrective move on the right shoulder is imminent. His accompanying chart showed how Dogecoin rose to its current all-time high (ATH) of $0.73 after this bullish pattern formed back then.  It is worth mentioning that Trader Tardigrade isnt the only crypto analyst who has predicted that Dogecoin could rise to as high as $3.7 in this bull run. Crypto analyst Kevin Capital (formerly OG Yomi) once predicted that Dogecoin could rise to as high as $3.80 and even surpass it. He explained that the foremost meme coin has never failed to meet or surpass the 1.618 Macro FIB extension measured from previous bull market highs to bear market lows. Kevin also recently provided a bullish analysis for Dogecoin, stating that the meme coin should reach its current ATH or close to it in December later this year. He explained that his prediction is based on the average time between previous ATHs and crypto cycles. He urged Dogecoin holders to stay positive as the market is still in a bullish trend even though it might take a while for the meme coin to recover.  DOGE Could Lead The Next Market Rally Crypto analyst Ali Martinez raised the possibility of Dogecoin being the coin that first breaks out and kicks off the next leg up. The crypto analyst also gave a bullish analysis of the meme coins current price action. Martinez told market participants to watch out for a falling wedge on the daily chart as a sustained close above $.10 could spark a bullish run to $0.15.  Related Reading: XRP Price To $100: Why Has It Not Hit This Price Yet? Kevin also highlighted this falling wedge pattern in a recent analysis, stating that Dogecoin was showing signs of being oversold on higher time frames and looking primed for a breakout soon. He remarked that Dogecoins setup is as bullish as it can be.   At the time of writing, Dogecoin is trading at around $0.09, up over 2% in the last 24 hours, according to data from CoinMarketCap.  Featured image created with Dall.E, chart from Tradingview.com

View Details

Price analysis 9/9: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA

Bitcoin bulls are trying to push the price back inside the range, indicating that the markets have rejected the breakdown.

View Details

Dogecoin To $0.15: Analyst Explains What Could Kick Off A Fresh Rally

An analyst has explained how Dogecoin has been forming a Falling Wedge pattern recently, breaking which may kickstart a new bull rally. Dogecoin Has Been Moving Inside A Falling Wedge Recently In a new post on X, analyst Ali Martinez has discussed a pattern that has recently been forming in the 1-day price of Dogecoin. The pattern in question is the “Falling Wedge” from technical analysis (TA), which is a type of Wedge. A Wedge pattern appears when the price of the asset consolidates between two converging trendlines (that is, the lines have different slopes and are angled inwards). Depending on where this consolidation is headed, the pattern is termed as Falling or Rising. Related Reading: Why Has Bitcoin Been Bearish Lately? CryptoQuant Head Chimes In In a Falling Wedge, the upper line of the pattern connects lower highs in the price, while the bottom one connects lower lows. Similarly, a Rising Wedge has the upper line joining together higher highs and the lower one with higher lows. Just like other TA consolidation patterns, the upper line may continue to act as a source of resistance in the near future, while the lower one may provide support. Also, a break out of either of these trendlines can suggest a continuation of pattern in that direction. Wedges specifically are considered to be formations that lead to a reversal, so a break in the direction opposite to that of the Wedge may be considered to be more likely. Dogecoin has recently been showing a Wedge-like consolidation towards the downside in recent months, so the coin may be forming a Falling Wedge pattern. Below is the chart shared by Ali that showcases this formation. As is visible in the graph, the Dogecoin price has recently made an apparent retest of the bottom line of this Falling Wedge pattern and has found support at it. Thus, it’s possible that DOGE may now see a surge towards the upper trendline. Before the coin retests the upper line, though, there is perhaps another important level it has to surpass first: the 0.236 Fibonacci Retracement level. Fibonacci Retracement levels are based on ratios that are found in the famous Fibonacci series. These levels correspond to the percentage of drawdown as measured between two fixed levels. In the current case, Ali has taken the top of the Falling Wedge as the start of these levels (that is, the 100% or 1 mark). Related Reading: Bitcoin Momentum Indicators Are All Showing Death Cross: Say Hello To Bear Market? The analyst notes that if Dogecoin can manage a sustained close above the $0.10 level (that is, above the 0.236 Fibonacci Retracement), it may be able to start a rally toward the $0.15 level. From the current price of the memecoin, such a potential run would mean an increase of around 53%. It now remains to be seen how DOGE develops in the coming days and whether it would be able to follow any similar trajectory or not. DOGE Price Dogecoin had fallen under the $0.090 mark a couple of days back, but the asset appears to have rebounded as it has now recovered to $0.098. Featured image from Dall-E, charts from TradingView.com

View Details

DOGE Developer Slams Media Reports On Dogecoin Foundation

DOGE lead developer Mishaboar reiterated that the Dogecoin Foundation is an independent organization working to develop solutions for the meme coin ecosystem. He emphasized that it is an independent organization working on solutions for the meme coin ecosystem, not an official entity of the cryptocurrency as reported in some media outlets. Doubling down on the […]

View Details

Harris campaign criticized for ignoring crypto in policy statement

Vice President Kamala Harris‘s campaign released a policy statement outlining her administration’s key priorities. However, there is a notable omissioncrypto. Harris’s campaign promises highlighted various sectorsincluding semiconductors and artificial intelligenceand even extensively mentioned her political rival, former President Donald Trump, in the policy statement. However, there was no mention of Bitcoin, crypto, blockchain technology, or digital […]

The post Harris campaign criticized for ignoring crypto in policy statement appeared first on CryptoSlate.

View Details

How High Can DOGS Meme Coin Surge by October?

The DOGS meme coin, currently trading at $0.001005, is facing a week of potential high volatility and speculative…

View Details

Kamala Harris Advisor says She's Pro-Crypto, But After Publishing a Wide Ranging List of 'Key Issues' for Her Administration, it Appears Crypto Is Non-Existent...

Update - Yesterday (Sept 8th): The Harris campaign released an outline of what her administration's key issues would be, which included some of the nation's hot topics, and touched on many smaller niche issues as well. 

But even with such a wide range of topics, somehow, not one of them was Cryptocurrency, which managed to go completely unmentioned. 

The original article is below:

The Biden administration has often been criticized as 'anti-crypto' due to a consistent lack of understanding of the industry's fundamentals. However, one of Kamala Harriss advisors suggests that the current Vice President and Presidential nominee might take a different approach, supporting more pro-crypto policies.

While this news is intriguing, it's wise to remain cautious. The source of this information is Brian Nelson, a key policy adviser for Harris, who recently indicated that she would back measures favorable to the crypto industry.

However, it's important to remember that this is coming from an advisor...

Not a spokesperson, or Kamala herself.  Harris has yet to publicly address her views on digital assets, and the Democratic Party's platform does not mention crypto.  An advisors role is to suggest policies, and until Harris publicly endorses these views, nothing is official. This also means that if the stance doesn't materialize, it wouldn't be seen as a broken campaign promise.

For the crypto community to take this seriously, Kamala Harris needs to make a clear statement on her stance regarding digital assets.

According to Bloomberg, Brian Nelson shared during a roundtable at the Democratic National Convention that Harris plans to support policies that would enable the growth of emerging technologies like crypto. This marks the first public insight into how Harris might approach digital assets as a Presidential candidate. Previously, Harris's campaign had engaged with crypto leaders who expressed concerns about the Biden-Harris administrations perceived hostility toward the industry.

In contrast, former President Donald Trump has fully embraced crypto. In July, he delivered a prominent speech at Bitcoin Nashville, promising to make the U.S. the crypto capital of the planet. 

---------------
Author: Oliver Redding
Seattle Newsdesk  / Breaking Crypto News

View Details

Elon Musk Fuels Dogecoin Hype Once Again Will This Push DOGE To $1 Anytime Soon?

View Details

Binance subsidiary Tokocrypto secures full license in Indonesia

Binance described Tokocrypto as its subsidiary, suggesting that it may have a controlling stake in the Indonesian trading platform. 

View Details

Bernstein analysts predict Bitcoin surge to $90k if Trump wins

Bitcoin could surge to highs of $90k if former US president Donald Trump wins the next election in November, analysts at brokerage and research firm Bernstein predict. Analysts at the brokerage shared the prediction in a note to clients on September 9. Bernstein says a “Trump trade”, as they referred to a potential win for […]

The post Bernstein analysts predict Bitcoin surge to $90k if Trump wins appeared first on CoinJournal.

View Details

Tether Ventures into Agriculture with $100M Investment in South Americas Adecoagro

By acquiring a stake in Adecoagro, Tether is signaling a strategic shift from its tech-focused investments.

View Details

Polkadot Price Analysis: $DOT Holds Above $4. Can It Stay There?

Polkadot had yet another tumultuous week. $DOT dropped below its critical support on Friday after the price dropped to $3.82. Since reaching its low, $DOT climbed back above $4. Can the price, however, manage to hold its position?

View Details

Dogecoin Price Prediction: Extended Consolidation Or A Break Below/Above?

Dogecoin has had its ups and downs in the past seven days: from breaking down below a support at $0.095, to bouncing back up and hitting notable resistance at $0.099. Following this brief rally, Dogecoin experienced another downward shift as the bulls were unable to maintain the momentum. It dropped once again, breaking through several [...]

The post Dogecoin Price Prediction: Extended Consolidation Or A Break Below/Above? appeared first on Crypto Breaking News.

View Details

Penpie Hacker Launders $27M Through Tornado Cash, Ignoring Bounty Offer: Report

The Penpie hacker has completed the money laundering process of the last batch of stolen funds worth $27 million by moving 1,661 ETH through Tornado Cash. This marks the end of the whole movement of the 11,261 ETHs, which in todays equivalent is about $27 million that was stolen in the latest hack. Despite Penpies […]

View Details

Elon Musks Latest Tweet Rescues Dogecoin from Price Crash, Heres How

The post Elon Musks Latest Tweet Rescues Dogecoin from Price Crash, Heres How appeared first on Coinpedia Fintech News

On September 7, 2024, Tesla founder Elon Musk saved the price of Dogecoin (DOGE) from crashing amid bearish market sentiment. Due to the significant sell-offs by whales and institutions, the overall cryptocurrency experienced a notable price decline.  Elon Musk Saves Dogecoin from CRASHING Amid this selling pressure, DOGE breached its crucial support level of $0.094 …

View Details

Dogecoins RSI at 2017 Levels: Is a New Bull Run on the Horizon?

Dogecoin (DOGE), mm-bsd cryptocurrncy known for its nthusistic community, is crting buzz mong invstors nd trdrs. A rcnt nlysis by th stmd crypto nlyst Mstr Knobi indicts tht DOGE my b on th brink of notbl pric incrs drivn by blnd of tchnicl signls nd pst trnds. Knobis ssssmnt rlis on th […]

View Details

Elon Musks DOGE gov meme sends political speculation soaring

Musk previously signaled he was ready and willing to serve if Donald Trump is elected president of the United States.

View Details

Seasonally Bearish September for BTC? 0DOG Takes No Notice

Seasonality is the new buzzword touted by every macro investor who read The Intelligent Investor as a child. A historically observable effect September gives the worst stock returns of any month. Bitcoin has taken the brunt of this adverse price action, falling to $56k in the first week of September, with bearish price predictions calling […]

View Details

WisdomTree withdraws its Ethereum Trust S-1 registration filing

WisdomTree has requested to withdraw its S-1 filing for a spot Ether ETF with the SEC and asked to apply the fees as a credit for future use.

View Details