Crypto analyst Behdark has provided an in-depth analysis of the Dogecoin price roadmap to its current all-time high (ATH) of $0.75. In his analysis, he explains why Dogecoin could still witness a significant correction before it rallies to its current ATH. Dogecoin Price Next Wave Is Bearish In a TradingView post, Behdark stated that the Dogecoin price seems to be entering wave F, which is a bearish wave. The crypto analyst noted that the previous corrective waves of this diametric lasted between 196 and 347 days, so this wave F is also expected to last between 196 and 347 days. Related Reading: Bitcoin $178K Target In Sight? Analyst Highlights Bollinger Band Retest Mirroring Jan. 2024 Rally The analyst’s accompanying chart showed that the Dogecoin price could drop to as low as $0.15 on this wave F corrective move. Similar to waves B and D, the analyst remarked that this corrective wave is expected to be highly volatile. Based on the 196 to 347-day timeline, this corrective wave might not end until sometime in November 2025. Once the corrective wave F is done, the Dogecoin price will transition to wave G. Behdark stated that Wave G will be a bullish wave that might lead to a new ATH. The accompanying chart showed that Dogecoin could reach around $0.8 on this impulsive move to the upside. However, the much-anticipated psychological $1 price level could still elude the foremost meme coin. Meanwhile, the crypto analyst added that a weekly candle below the invalidation level at $0.12 would invalidate the buy outlook for the green zone between $0.15 and $0.20. Behdark’s analysis provides a completely different perspective for the Dogecoin price, considering that crypto analysts like Trader Tardigrade have predicted that the meme coin could rally to double digits before mid-2025. Behdark’s analysis also suggests that the Dogecoin price is unlikely to reach $1 in this market cycle, a target market participants have set their eyes on since the meme coin began its parabolic rally between October and November. Four-Year Cycle Still In Play Crypto analyst KrissPax provided a more bullish outlook for the Dogecoin price, stating that the four-year cycle is still in play. The analyst cited a historical pattern in which Dogecoin took off in January 2021 after an uptrend in late December 2020. He then raised the possibility of this historical trend repeating itself again. Related Reading: XRP Battles Critical $2.20 Support Level — Will It Target $2.70 Or Slip To $1.96? Crypto analyst Master Kenobi had before now also suggested that a Dogecoin price rebound was likely in January 2025 as he alluded to the historical pattern in the 2021 bull run. The crypto analyst believes that Dogecoin could reach a new ATH around Donald Trump’s inauguration, especially with the Department of Government Efficiency (D.O.G.E) coming to life when Trump takes office. At the time of writing, the Dogecoin price is trading at around $0.31, down almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image created with Dall.E, chart from Tradingview.com
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Dawgz AI Crosses $500,000 in Presale: A New AI-Powered Meme Coin for Crypto Enthusiasts
London, United Kingdom, December 23rd, 2024, Chainwire Dawgz AI , a blockchain-based project offering a unique AI-powered meme coin, has raised over $500 thousand of its initial $960 thousand presale goal. This milestone demonstrates investors’ confidence and Dawgz AI’s growing presence and influence in the meme coin industry. Built on the Ethereum blockchain, Dawgz AI combines innovative technology with an engaged community, positioning it as a unique entrant in the meme coin market. Dawgz AI and Its AI-Powered Approach Dawgz AI aims to be more than just a meme coin. It represents the combination of blockchain technology and AI-powered trading algorithms. Dawgz AI’s primary goal is to offer opportunities for users to gain rewards for investors through its Blackbox AI technology. This technology allows its participants to benefit from AI-driven returns without the need for active or even passive trading. Moreover, the Dawgz AI team aims to reduce risk and enhance profit potential, making it a compelling option for crypto enthusiasts and investors. Tokenomics and Key Fundraising Milestones Dawgz AI’s tokenomics reflects a strategy focused on both growth and community engagement. The current token price is $0.00211, a scheduled increase to $0.00231 is coming in a few days. Early investors have already contributed over $500 thousand toward the project’s presale goal. With a total token supply of 8,888,888,888 $DAGZ, Dawgz AI demonstrates growth potential. The presale allocation of 30% and staking rewards of up to 1700% may appeal to those looking to invest at the early stage. Dawgz AI Gains Visibility Dawgz AI has received attention in the crypto community. Discussions on platforms like Reddit, social media, and crypto forums have increased the Dawgz AI’s visibility, while mentions in Google News and coverage by major crypto media outlets reflect growing market interest. The project has raised $500,000 to date, with continued interest as it highlights its unique value proposition. Audit and Security Measures for Investor Confidence Security and transparency are essential factors in today’s crypto landscape. Dawgz AI has taken proactive steps to ensure both. The project’s smart contracts have been audited by SolidProof, a reputable blockchain auditing firm, providing investors with confidence in the integrity and security of the platform. Opportunities for Early Investors With the presale price set to increase in the coming days, early adopters stand to benefit from future growth. The combination of a unique value proposition, a strong AI-driven foundation, and a growing community makes Dawgz AI a noteworthy entrant in the meme coin space. About Dawgz AI Dawgz AI is an innovative cryptocurrency project built on the Ethereum blockchain, leveraging AI-powered algorithms to create a unique meme coin that offers both community engagement and opportunities to get rewards. The project aims to combine the fun and culture of meme coins with the sophistication of advanced AI technologies to provide long-term value for investors and participants. Official Website: https://dawgz.ai Social Media: X (Twitter): https://x.com/Dawgz_AI Telegram: https://t.me/DawgzAI_Official Instagram: https://www.instagram.com/dawgzaiofficial/ Contact Aaron Wyatt https://dawgz.ai pr@dawgz.ai NewsBTC
Pendle Team Transfers $3.15M Worth of Pendle Tokens to Binance, Driving PENDLE Coin Price to $4.96
Pendle Team Transfers 625,000 Pendle Tokens Worth $3.15M to Binance ————— ????Coin: Pendle ( $PENDLE ) $4.96 ————— NFA. NewsBTC