- The price of Dogecoin (Doge) rose 3% in 24 hours.
- Bitcoin has exceeded $ 88ky could aim at 100k.
- Analysts foresee a bullish turn for cryptocurrencies despite macroeconomic conditions.
The prospects for the price of Dogecoin are bullies, since Bitcoin points to the $ 100,000, with key indicators and analysis of experts that support it. While the cryptocurrency market remains mostly negative, there is a new impulse in the middle of the Bitcoin’s upward movement (BTC).
Meanwhile, the lack of impulse for Altcoins means that most tokens still register great losses since they became negative in the middle of a cooling of the euphoria driven by Trump.
But despite the turbulence of tariffs and generalized nervousness in the risk asset market, is the Dogecoin price ready for a significant increase? Analysts say that the main Altcoins, including Ethereum (ETH) and Solana (Sol), could record notable profits in the middle of Bitcoin’s boom.
Dogecoin’s price has increased in the last 24 hours
Dogecoin has risen 5.8% in the last 24 hours, quoting at $ 0.82 at 11:13 am EAT. The recruitment of the meme cryptocurrency occurs in a context of greater volatility in the cryptocurrency market, with Doge taking advantage of the renewed retail interest and the bitcoin bullish impulse.
The negotiation volume has fired 12% to 2.4 billion dollars, which reflects a strong purchase pressure.
Doge has recently exceeded a key price level. It is likely to be a bullish signal that suggests greater bullish potential if Bitcoin continues to rise. However, there are levels of resistance that remain key obstacles to short -term bullies.
Bitcoin points to $ 100,000
Bitcoin today quotes at $ 88,465, with an increase of 1.7%. This 24 -hour increase occurs in the middle of a 3.5%rebound, since the digital reference asset seems to be about to explode. The cryptocurrency has been driven by the expectations of greater liquidity derived from possible repurchases of American treasure bonds and a more moderate monetary policy change by the Federal Reserve.
Analysts closely follow BTC’s capacity to exceed $ 90,000, which could pave the way to test the six -digit brand.
If a movement is maintained above the $ 100,000, a broader rebound of the Altcoins could be triggered, and it is likely that meme cryptocurrencies such as Dogecoin benefit from speculative flows. On the contrary, a rejection of this level could make BTC try the support around $ 80,000.
What do analysts about BTC say?
Arthur Hayes, co -founder of Bitmex, has openly expressed the bitcoin’s upward perspective, predicting a possible increase to $ 250,000 by the end of the year if the Federal Reserve resumes quantitative flexibility (QE). Hayes states that American Treasury bond repurchases could inject significant liquidity into risk assets, and Bitcoin would benefit. He said: “This could be the last opportunity to buy Bitcoin below $ 100,000,” citing global liquidity trends as a key factor. QCP Capital, leading cryptocurrency trading company, shares a cautionly optimistic vision. QCP’s analysis pointed out that Bitcoin’s impulse is based on a strong institutional demand and a favorable macroeconomic environment. However, they warned that not exceeding $ 100,000 could lead to a profit taking, with $ 90,000 as a critical support level. The QCP analysis highlights the importance of a sustained volume and a bullish feeling to maintain the ascending trajectory of BTC.
Dogecoin price prediction
Dogecoin’s technical indicators suggest a mixed perspective, but cautiously bullish. The relative force index (RSI) and the convergence/divergence index of the mobile average (MACD) suggest a possible bullish turn. The latter shows the MACD line moving above the signal line, which reinforces the potential of a positive impulse.
In addition, the histogram expands, which suggests a possible increase after Bitcoin’s upward break. Analysts predict that Dogecoin could reach $ 0.3, the upper Bollinger band, if the meme currency flows resume. Historically, Doge has closely followed BTC’s price movements, and a BTC upward trend could boost speculative interest in Dogecoin. On the other hand, if the support level of $ 0.15 is not maintained, Doge could go back to $ 0.10. Macroeconomic factors, such as changes in American politics and global liquidity, will play a crucial role in Doge’s trajectory.
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