Progress in SEC approvals bolster XRP and Dogecoin as iDEGEN presale surges
It remains to be Bitcoin season with the CMC altcoin season index being at 35. Even so, altcoins like Dogecoin and Ripple have recorded significant gains amid heightened anticipation for ETFs.
Besides, iDEGEN remains on investors radar as it enters the last two weeks of its presale. Whether the speculations of a Binance listing materialize or not, the community-driven project has properly positioned itself in the AI crypto space.
Dogecoin furthers its rebound as SEC acknowledges filing for DOGE ETF
Bitcoin price has held steady above $97,000 as the market conditions improve. This aspect coupled with SECs acknowledgment of Grayscales 19b-4 filing for a DOGE ETF have fueled the ongoing rebound.
Dogecoin price was trading at at $0.2749. Further rebounding will likely break the resistance along the 25-day EMA at $0.2907 with the bulls eyeing the next target at $0.3102. However, a pullback below the current support zone of $0.2465 will invalidate this thesis.
Hints of a Binance listing further fuels iDEGENs investor interest
iDEGEN remains on investors radar as its presale nears its end. With less than two weeks left before its listing on 27th February, more crypto enthusiasts are rushing to amass some $IDGN tokens at the current price of $0.0259. They understand that based on its huge growth potential, this is the cheapest the token will be going forward. As a result, it has raised over $22.6 million with over 1.7 million tokens sold.
In addition to its status as a community-driven AI crypto project, speculations on a Binance listing have further heightened investor interest. Notably, most coins that have gotten a spot on this popular crypto exchange have seen increased liquidity, immediate volatility, and significant surge in market cap.
Besides, even if the Binance listing failed to materialize, iDEGEN has proved to be a revolutionary force and pace setter in the AI crypto space. As a degen raised project, it has garnered a loyal community that is determined to see it reach the highest possible level. This explains why the previous ban on X further fueled the momentum.
In the next two weeks, investor interest is expected to skyrocket. Already, the early adopters are sitting on hefty gains with returns of over 23,000%. You can buy the iDEGEN token here.
XRP set to retest Februarys highs as SEC acknowledges Grayscales filings
Ripple price topped the list of crypto majors with the highest 24-hour gains as the market reacted to SECs official acknowledgement of Grayscales 19b-4 filing to convert its XRP Trust into a sport XRP ETP. the resultant surge in investor interest and confidence had the altcoin rally by 6.04% over the past 24 hours.
This sets it for a weekly gain after recording losses in the past two weeks. At its current level of $2.7137, the bulls are striving to break the resistance at $2.7450. Past that level, the next target will be at $2.8772. Even with the probable market volatility, the altcoin will likely remain steady above the support zone of $2.3357; below which this bullish thesis will be invalid.
The post Progress in SEC approvals bolster XRP and Dogecoin as iDEGEN presale surges appeared first on CoinJournal.
Text source: CoinJournal: Home
