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Cryptocurrency News Articles
BlockDAG Rewards Buyers With 600% Bonus and Early Access to Airdrop! DOGE Eyes $1 Breakout While XRP Price Rises
Apr 23, 2025 at 06:00 am
Discover the latest on DOGE's $1 price prediction and XRP's recent price climb. Find out how BlockDAG's new offer rewards new buyers with a 600% bonus and early airdrop access.
The world of cryptocurrencies is heating up, with DEVOLUTION: RE imagining a new code of conduct and BlockDAG making headlines. As the dust settles on recent market activity, crypto followers have a lot to unpack.
Among the buzzing topics, the DOGE price prediction is heating up thanks to steady upward momentum and speculation about a Dogecoin ETF. This comes as the recent lows saw some recovery, setting the stage for a potential push toward $1.
In other news, the XRP price has been maintaining levels above $2, supported by fresh whale activity and supportive signals from key technical charts. This hints at an attempt to cross the $2.25 resistance.
However, BlockDAG (BDAG) is making an even bigger splash with its $216 million presale and a renewed Golden Ticket campaign, offering a massive 600% bonus. This latest move has led to major discussion about BDAG being a top crypto to buy right now.
With both price charts and presale performance being closely monitored, the timing of this new initiative is crucial.
Here’s a closer look:
The price of Dogecoin (CRYPTO: DOGE) has been a hot topic among crypto fans, especially with the recent attention on a possible Dogecoin ETF.
What Happened: As the weekly performance of the memecoin shows signs of recovery from recent lows, technical analysis suggests that the coin could be setting itself up for a push toward $1.
The Avellaneda DeMark (AvD) indicator, which is used to identify the optimal time to enter or exit a trade, has signaled that the optimal time to enter a long position in Dogecoin has passed. However, the indicator is now showing that the optimal time to exit a short position or enter a long position is approaching.
The DeMark's TD Sequential indicator, which is known for its ability to predict major price swings, has also flashed a potential bullish signal. The Count 9 indicator, which typically signals the end of a trend, has topped out at the same price level as the last pivot high, potentially indicating a bullish reversal.
Top movers:
This week saw a shift in interest towards smaller altcoins, leading to a decline in the price of Bitcoin (CRYPTO: BTC) despite the approval of the first Bitcoin futures ETF by the U.S. Securities and Exchange Commission (SEC).
The recent price action of Dogecoin has been driven in part by a $10 million purchase from House of Doge, a content and community platform focused on Dogecoin. The purchase, which was announced in an official statement by House of Doge, adds to the growing attention on the memecoin.
The price of Dogecoin is also being influenced by the ongoing application for an ETF by 21Shares, which could provide broader exposure to Dogecoin for institutional investors.
The memecoin, which is currently trading at $0.06, is still a long way from its all-time high of $0.73, which it reached in 2021.
See More: Best Cryptocurrency Scanners
Why It Matters: The price of Dogecoin has been volatile in recent months, as the crypto market continues to adjust to the macroeconomic environment.
The recent lows in the price of Dogecoin may have been due in part to the deferment of U.S. tariffs on Chinese goods, which could have had a knock-on effect on the price of memecoins.
However, with the application for an ETF by 21Shares and the recent purchase by House of Doge, it seems that the interest in Dogecoin is continuing to grow.
The TD Sequential indicator, which is used to identify major price swings, has flashed a potential bullish signal for the price of bitcoin. The Count 9 indicator, which typically signals the end of a trend, has topped out at the same price level as the last pivot high, potentially indicating a bullish reversal.
The indicator has previously been successful in predicting major price swings. For example, in 2023, the indicator signaled the bottom of the bear market and the beginning of the bull market.
Of course, no technical indicator is perfect, and the TD Sequential indicator could be wrong this time. However, the fact that the indicator has flashed a bullish signal at a time when the price of bitcoin is already showing signs of strength suggests that the potential for a bullish move is high.
The fate of the world’s leading cryptocurrency now rests on whether the price of bitcoin can manage to break above the Fib level of 0.00000000.
The scenario unfolded as follows: A recent report by Standard Chartered, a British multinational bank, predicts that the price of bitcoin could potentially soar to $115,000 by 2025. This prediction is based on an analysis of the bank's researchers, who foresee a scenario where the U.S. Federal Reserve pivots and begins purchasing bitcoin in 2025.
In their words, "In a surprising turn
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