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Dogecoin Price Predictions: 3 Key Bullish Signs to Watch

That’s not necessarily an indication of anything going wrong with Dogecoin this week. Most major crypto tokens were trading down significantly Monday after an exuberant rally around the time of the new Congress convening in Washington. By Monday afternoon in Chicago, Bitcoin had fallen some 10% for the week’s trading. Meanwhile, Ethereum had fallen by 18% from its average crypto exchange market price seven days earlier. BNB was also trading down some 8.5%, and Solana had fallen by 20% under its intraday high price of $2.21 on Jan. 6 as delegates to the new Congress took their seats for the current session. However, the entire crypto market bounced off on Monday morning. Just wanted to express appreciation for President @realDonaldTrump and so many people, both inside & outside of government, supporting @DOGE . I am confident that the American people will be happy with the outcome. — Elon Musk (@elonmusk) January 13, 2025 What probably didn’t hurt Dogecoin’s price on Monday was another implicit shout-out from Elon Musk. After naming his advisory office to the new president, the DOGE for Department of Government Efficiency, Musk can rally for cheaper government and Dogecoin in one post. Now that’s efficient. 1. DOGE Sentiment Data Marks Dip Over? According to an analysis by blockchain insights firm Santiment, Dogecoin’s sentiment reading Monday favors the world’s first popular meme coin, which has its own blockchain—a fork from Bitcoin on Dec. 6, 2013. “Since its top exactly one month ago, Dogecoin has shed -28% of its market cap,” wrote Santiment last week in a Thursday note to the blockchain market analytics engine’s users. “Crowd sentiment has been near its lowest point over the past year,” Santiment added. “(This) means there is actually some nice upside to be a daring contrarian toward DOGE (in particular) if crypto markets begin to trend upward again.” Earlier in the month, TradingLounge’s Peter Mathers spotted an Elliot Wave formation that could see Dogecoin rally to above $0.48— and potentially as far as $0.61, Mathers wrote on Jan. 6. 2. Bullish Exchange Signals Data from derivatives markets is also hinting at another rally for Dogecoin soon. To start the month, over 81% of all open interest in Dogecoin futures on Binance was long for DOGE. 3. Crypto Whale Sized Bites Whales bought over 470 million #Dogecoin $DOGE in the last 48 hours! pic.twitter.com/d7oPvnfB6o — Ali (@ali_charts) January 10, 2025 Crypto whale activity in the DOGE pool in January is another sign that Dogecoin is about to make another big splash in crypto markets. In a 48-hour period on Jan 9 and 10, blockchain whales bought 470 million Dogecoin in 48 hours, according to a recent update from sharp whale watcher Ali Martinez. It’s not the first time whales made big moves in Dogecoin this January. Earlier in the month, they bought a billion DOGE tokens in under 24 hours. That follows up on whales buying the Dogecoin dip in late December as well, so support from large sum traders is strong with this one. The post Dogecoin Price Predictions: 3 Key Bullish Signs to Watch appeared first on CryptoPotato . AMB Crypto

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Bullish Ripple (XRP) Price Predictions, Upcoming Shiba Inu (SHIB) Developments, and More: Bits Recap Jan 14

TL;DR Ripples’s (XRP) price rebounded to $2.53 after recent volatility, with analysts predicting further growth fueled by Donald Trump’s inauguration, SEC leadership changes, and Ripple’s stablecoin launch. Shiba Inu’s TREAT token goes live today, with major exchanges like KuCoin and Gate.io offering airdrops to incentivize user engagement within the ecosystem. Bitcoin (BTC) recovered from a drop below $90,000 to near $95,000, with industry leaders forecasting strong momentum for the cryptocurrency in 2025. XRP Price Explosion in the Making? Ripple’s XRP passed through enhanced turbulence in the past few days. Over the weekend, its price pumped to almost $2.60 but the start of the business week offered pain for the bulls. On January 13, XRP followed the broader decline of the cryptocurrency market and dipped below $2.40. The last 24 hours, though, witnessed a substantial resurgence and the asset is currently worth $2.53 (per CoinGecko’s data). XRP Price, Source: CoinGecko According to many industry participants, XRP has much more room for growth in the near future due to some key upcoming factors. Some of those include Donald Trump’s inauguration as America’s 47th President and the resignation of the SEC’s Chairman Gary Gensler. The Republican has shown a pro-crypto stance during his presidential campaign, while the agency’s leader is considered a huge enemy of the digital asset sector. “XRP is gonna make a big move on January 20 because of Trump taking office and Gary Gensler resigning,” one popular X user predicted . Other market observers envisioning an incoming price pump include CRYPTOWZRD and WSB Trader Rocko. The former claimed XRP “has flipped previous resistance to support” of around $2 and is now ready to jump to a new all-time high of $4 and then $8. They said such a scenario would mimic the pre-bull run in 2017 and the subsequent rally the following year. For their part, WSB Trader Rocko referred to XRP’s price chart as “the most bullish in crypto.” According to them, Ripple’s recent introduction of its stablecoin (RLUSD) and the company’s potential connections with Donald Trump’s future administration could drive the token to reach new peaks. TREAT on the Way Shiba Inu has recently taken the main stage due to a major development related to its ecosystem. As CryptoPotato previously reported , the meme coin TREAT ( which is designed to enhance utility and engagement across the network’s projects) is scheduled to go live today (January 14). The leading cryptocurrency exchanges that have already embraced the token include KuCoin, Gate.io, Bitget, MEXC Exchange, and others. Some of those have even announced special airdrops to users. Gate.io has promised to distribute 1,000,000 TREAT, KuCoin will airdrop 3,000,000 coins, while Bitget users will split 87,450,000 tokens. Those willing to apply for the offer should create an account at the aforementioned platforms . Then, they must visit Shiba Inu’s official website, provide a user ID, and deposit the designated address. Once those details are submitted, the accounts will be whitelisted and “ready to receive TREAT tokens.” BTC Price Outlook Last but not least, we will focus on the primary cryptocurrency, whose price swings have been more than evident lately. BTC started the week trading at approximately $95,000. Shortly after, though, the bears suppressed the valuation below $90,000, the lowest point observed in two months. However, the bulls have recovered much of the lost ground in the past several hours, with BTC currently trading just south of $95K. BTC Price, Source: CoinGecko The price resurgence coincides with some optimistic forecasts coming from industry participants. Bitwise CEO Hunter Horsley , for one, said 2025 could be the year for Bitcoin and crypto, which has “so many tailwinds and so few headwinds.” Those willing to explore additional price predictions and check whether now is a good time to hop on the bandwagon as investors can take a look at our dedicated video below: The post Bullish Ripple (XRP) Price Predictions, Upcoming Shiba Inu (SHIB) Developments, and More: Bits Recap Jan 14 appeared first on CryptoPotato . AMB Crypto