Bitcoin’s declining trading volumes continue over the weekend as the asset has produced little to no actual price movements over the past day. The altcoins have recovered some ground from the Saturday correction, with ETH above $3,400 and DOGE aiming at $0.33. BTC Stalls at $95K Last week’s correction erased much of BTC’s price gains charted in December as the asset plummeted to $92,000 on December 21. It managed to bounce off immediately and headed toward $100,000 on a couple of occasions since then = on December 22 and 26 – but to no avail. Each attempt was met with a vicious rejection that pushed the cryptocurrency south by several grand. The last such movement came at the end of the business week, and BTC slumped toward $93,000. It defended that level and jumped to $94,000 yesterday and $95,000 now. This is somewhat expected given the declining trading volumes as of late, which could actually be a blessing in disguise for BTC and other assets if whales continue to make big purchases. For now, though, BTC’s market cap remains well below $1.9 trillion on CG, and its dominance over the alts has been reduced to 54%. Bitcoin/Price/Chart 29.12.2024. Source: TradingView SOL, SUI Recover Most altcoins suffered badly yesterday but have produced some minor increases over the past 24 hours. ETH has climbed above $3,400, XRP is close to $2.2, while BNB continues to defy the market sentiment with a 2.5% jump to $718. Dogecoin has added over 3% of value and stands close to $0.33, while SOL and SUI have gained 5-6%. As a result, SOL now trades above $195, while SUI is north of $4.25. Other notable gainers include HBAR, DOT, AAVE, APT, ICP, and PEPE. The total crypto market cap has recovered about $50 billion since yesterday and is close to $3.5 trillion on CG. Cryptocurrency Market Overview. Source: QuantifyCrypto The post SOL Eyes $200 After 5% Daily Surge, BTC Calms at $95K (Weekend Watch) appeared first on CryptoPotato .
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DOGE Predictions Echo Past Trends, SHIB Hints at Surge, & BlockDAG’s X1 Miner Surpasses 300K Users
As we approach 2025, the cryptocurrency market is closely watching trends such as Dogecoin prediction, Shiba Inu price target, and BlockDAG’s significant mining achievements. Crypto analysts are recognizing Shiba Inu’s potential ascent, driven by new features such as Shibarium and ShibaSwap. Dogecoin advocates, meanwhile, are citing historical trends, predicting a potential increase to $18 should patterns from 2017 and 2021 recur. BlockDAG (BDAG) is capturing robust interest as the BDAG X1 app exceeds 300,000 active users and its ecosystem grows. Its leading miners, the X1 and X10, are boosting presale figures, confirming BlockDAG’s X Series as one of the best crypto miners available. Shiba Inu Price Target Predict Surge The 2025 Shiba Inu price target is rife with speculation, with some analysts predicting as much as a 1,000% increase. Currently valued at $0.00002168, SHIB remains under its October 2021 high of $0.00008616. Yet, new advancements could lead to notable rises. The forthcoming Shibarium aims to speed up transactions and cut costs, enhancing daily usability. ShibaSwap is also expanding its network utility. Though forecasts differ, some suggest SHIB might reach $0.0002913 if it gains broader adoption and if market conditions are favorable. The committed “Shiba Army” continues to support the token’s robustness, pushing towards the high price target. Why is Dogecoin Prediction Showing Similar Past Trends? The Dogecoin forecast for 2025 is attracting attention as current trends resemble past cycles. Crypto analyst @krisspax noted, “The Dogecoin 4-year pattern is unfolding this cycle… Next up, parabolic growth. Are you ready for $DOGE?” Dogecoin is echoing its past, with 2017 and 2021 trends indicating potential explosive rallies. A recent TD Sequential indicator has sparked further optimism. Analysts believe DOGE could see a rally of up to 5,000%, possibly hitting $18 if it mirrors its historical performance. This Dogecoin prediction emphasizes the currency’s lasting appeal and its capacity for significant growth. As historical data suggests, DOGE is a top choice for those expecting the next market upswing. BlockDAG’s BDAG X1 App Hits Over 300K Active Users BlockDAG’s X Series has been recognized as the best crypto miner as it continues to attract attention, with the BDAG X1 app exceeding 300,000 active users. This achievement highlights the rapid adoption of the platform and the growth of its ecosystem. BlockDAG’s presale has been particularly successful, generating over $174 million and distributing more than 17.6 billion coins at $0.0234 each in this phase. Early participants have achieved a 2,240% ROI, showcasing the project’s high potential. Devices like the X10, X30, and X100 miners, favorites within the community, have been pivotal to this success, with 15,127 units sold, bringing in $6.1 million. These miners utilize keccak-256 technology, enhancing security and decentralization while ensuring scalability. BlockDAG also provides ‘Block rewards,’ which decrease over time, offering ongoing incentives for community participation. A recent AMA session revealed plans for a 2025 mainnet launch, placing BlockDAG among the top crypto presales available. The AMA underscored that custom miners, produced in collaboration with leading manufacturers, will be shipped before the mainnet launch in 2025, offering early mining opportunities to users. BlockDAG’s emphasis on accessibility, cutting-edge technology, and long-term profitability makes it a key player in the blockchain industry. Its expanding ecosystem and community-centric strategy set it up for future success, making it an appealing choice for those eager to tap into the next wave of blockchain development. BlockDAG is poised for a major launch and ongoing expansion. The Bottom Line As we head towards 2025, the excitement builds with Dogecoin prediction signaling a potential historic rally, and the Shiba Inu price target suggesting substantial growth as advancements in the ecosystem could foster widespread adoption. Meanwhile, BlockDAG is reshaping the domain of crypto mining. BlockDAG’s remarkable growth, marked by the BDAG X1 app’s 300,000 active users and a robust crypto presale , positions it at the forefront of the industry. With custom miners and a strategy focused on community engagement, BlockDAG stands out as a top choice for miners looking to seize significant opportunities in the evolving cryptocurrency market. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post DOGE Predictions Echo Past Trends, SHIB Hints at Surge, & BlockDAG’s X1 Miner Surpasses 300K Users appeared first on TheCoinrise.com . Crypto Potato
Bitcoin Retests $95,000 Amid 4.2% Surge, Is A New Year Rebound Coming?
As the year ends, a renowned analyst suggested that Bitcoin (BTC) could have a New Year rebound after the flagship crypto surged by 4.2% to retest a key level. Related Reading: Altcoins To Explode In Early 2025: Analyst Says “Grand Finale” Is Around The Corner Bitcoin Sees End-On-Year Slowdown Bitcoin has struggled to hold the mid-zone of its one-month price range as the crypto market experiences an end-of-year slowdown. In December, BTC surpassed the $100,000 barrier for the first time, reaching a new all-time high of $108,353 mid-month. Over the last 30 days, the flagship crypto has moved between $90,000 and $108,000, hovering between $96,000 and $102,000 for most of the month. Nonetheless, Bitcoin has registered a 10.5% decline since hitting its ATH, failing to hold the $98,000 level over the last two weeks. The largest cryptocurrency by market capitalization saw a brief recovery on December 25 but quickly lost its Christmas rally gains. Since then, BTC’s price recorded its deepest retrace since the start of December. Bitcoin fell below the crucial $92,000 support zone on Monday, dipping to $91,530 before recovering, raising concern about BTC’s monthly close. However, New Year’s Eve started with a 4.2% surge throughout the morning, fueling end-of-year optimism about a price rebound. The cryptocurrency’s price moved from $92,000 to $96,000 before retracing to the $95,000 support zone. As the BTC’s price climbed, crypto analyst Ali Martinez noted that the TD Sequential showed a buy signal on the 12-hour chart, potentially signaling a New Year’s Day price bounce. ‘All Is Well’ For BTC’s Rally Martinez suggested that “a sustained close above $94,700 could lead to a rebound to $97,500.” As the analyst previously pointed out, this level is one of BTC’s most significant support zones, and reclaiming it is key for the cryptocurrency’s short-term rally. On the contrary, “losing $92,500 as support will invalidate the bullish signal,” Martinez added. Losing this level could also send BTC to the $70,000 level based on the UTXO Realized Price Distribution (URPD) chart. The analyst has stated that a 25% crash to the $70,000 mark is possible, as the URPD chart shows minimal support below the key support wall. Related Reading: Ethereum’s Large Consolidation Trend Points To Possible Price Explosion To $8,000 Meanwhile, James Van Straten noted that “all is well” despite BTC’s current price action. The analyst highlighted that “this cycle as with the previous three cycles for BTC, all saw corrections at this point after the halving,” adding that the “corrections are starting later and finishing later. Maybe, to do with elongated cycles.” As of this writing, Bitcoin is trading at $94,949, a 1% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com Crypto Potato