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The Dogecoin price has climbed 2% in the last 24 hours to negotiate $ 0.2,661 at 4:10 a.m. on the negotiation volume which dived from $ 1.4 billion to $ 1.4 billion.
This increase in the DOGE price comes while the American Commission for Securities and Exchange (SEC) recognized the documents of the Director of Crypto Grayscale assets to list a Stock Exchange (ETF) funds.
The agency should now start to examine the Grayscale 19B-4 form and decide on requests in the required deadline of 240 days.
New: this is there – the dry has just recognized @Grayscale & @NYSE“S 19B-4 deposited to list an ETF XRP
(This was especially expected, but officially means that the clock will soon start for this and Dogecoin) pic.twitter.com/iqgtqpiioe
– James Seyffart (@jseyff) February 13, 2025
Analysis of Dogecoin prices: potential or more downward reversal?
THE Mediating prices is currently in corrective phase after a solid bullish rally which culminated around $ 0.45. The Dogecoin price has traced considerably and is now negotiated about $ 0.2,661.
DOGE then formed a key support area between $ 0.296 and $ 0.32 (highlighted in purple), according to Geckoterminal. However, he failed to maintain this support and broke, indicating a downward momentum and a change of feeling of the market.
Recently, Doge’s price has found temporary support near the simple 200 -day mobile average (SMA) at around $ 0.2326. Dogecoin price is now consolidated just above this level, referring to a potential rebound if buyers regain control.
Meanwhile, the 50 -day SMA (white line) is currently at $ 0.3245 and tends to decrease, indicating a short -term lower feeling.
The relative force index (RSI) is 39.81, which indicates that the asset approaches a territory of occurrence. The RSI less than 40 often suggests reversal potential, especially if it is supported by volume.
Doge pricing prediction
The price of the Doge is at a critical crossroads, consolidating above a level of long-term support. The cross of death and the weakened RSI refers to a possible drawback. If DOGE does not hold above the 200-day SMA, the price could drop to $ 0.20, or even $ 0.18, marking a deeper retirement before any resumed.
However, if the RSI reports a rebound and a volume occurred this decision, the Dogecoin price could try a recovery, with a potential objective from $ 0.38 to $ 0.40.
While the DOGE price climbs, investors rush to buy a new Bitcoin alternative called BTC Bull (BTCBull). 99Bitcoins, a prominent YouTube channel with more than 725K subscribers, says that the BLTC Bull token has the potential to skyrocket 10x after the launch.
BTC Bull Token Ico reaches $ 1.3 million in less than 96 hours – the best crypto to buy now?
After launching less than 4 days ago, the project obtained a record increase of $ 1.3 million, illustrating a considerable market attraction.
This piece even on the theme of Bitcoin has become viral because BTCBull is one of the first projects even to offer its holders a direct means of winning real bitcoin (BTC).
Whenever Bitcoin reaches an important new step, the BTC Bull token project distribute BTC Airdrops to its holders. The next price milestones that trigger Airdrops are $ 150,000 and $ 200,000.
The system failed us. So we created a new one. BTCBull leads the load. 🐂🔥 pic.twitter.com/dsoz7fpzt8
– btcbull_token (@btcbull_token) February 11, 2025
In addition to the BTC Airdrops, the team will also make a series of tokens burns, permanently removing part of the total supply. The objective is to follow in the traces of Bitcoin and to increase rarity and value.
Investors interested in participating in the presale can visit the official BTC Bull website to buy BULL BTC tokens for $ 0.00236 each using BNB, ETH, USDT or a bank card. Bitcoin bull’s tokens holders can also win passively by punctuating the tokens for a percentage of annual return (APY) of 292%.
Buy before an increase in prices in less than 2 days to get the best offer.
Buy BTCBull tokens on the official website here.
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