Dogecoin: Here’s how another 25% charge skyward could be the next move

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure was firmly bullish. The price headed into a cloud of resistance, which meant a pullback could occur. Bitcoin hovered about the $23.4k mark at press...

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The higher timeframe market structure remained bullish. Demand is likely to be seen on a dip to $22.7. Solana traded within a range formation. Longer-term investors have reasons...

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure of Dogecoin was bullish. The lower timeframe analysis showed $0.085-$0.09 to be a support zone. Bitcoin [BTC] continued to trade beneath the $23k mark. While...

ARK report predicts trillion dollar future for Bitcoin. Positive sentiment among investors and traders suggests a bright future for the king coin. The recent surge in the price of Bitcoin has reignited the belief that the leading cryptocurrency could become a trillion-dollar market in the future. ARK Research’s report takes...

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Fantom had a bearish short-term momentum after posting strong gains throughout January. A pullback to $0.5 or deeper was possible. Fantom [FTM] saw a pullback of nearly 20%...

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The lower timeframe market structure was bearish. The presence of the range lows and bullish breaker can see recovery toward the range highs. Bitcoin is likely to see...

The Graph (GRT) has surged over 100% in value in February so far. The token was overvalued at press time. Following a decline in value in 2022, The Graph [GRT] has recovered alongside the rest of the cryptocurrency market. The value, however, has been rising even more rapidly since the beginning of February 2023. So, to what ends might this be happening, and what might the future hold?

The decline in CMF and Aroon shows that the APT rally was on the verge of an end. Sentiment trended negative, but whales sustained buying momentum. The incredible performance by Aptos [APT] since the start of 2023 could eventually come to a halt, as per a 6 February Santiment insight. For holders of the Layer-one (L1) token, the few days in 2023 would be that would last in their memory. According to CoinMarketCap, APT’s 30-day performance was a monumental 302.31% increase.

The SOPR ratio positioned closer to the market bottom as the TRIX signaled an incoming uptrend. BTC holders adhered to self-custody despite January’s profit-taking offer. Bitcoin [BTC] showed immense prowess after the U.S. Federal Reserve Board raised interest rates by 25 basis points. Initially, the king coin led the crypto market decline, but this only lasted a few hours as bulls took back control.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure of Litecoin was bullish. The reaction at $95 and the attempts to push above $100 meant bulls have the upper hand. Bitcoin [BTC] saw a...

Ethereum network’s validator numbers remained steady despite bear market. Decreased whale interest, network growth, velocity, and trader sentiment raised concerns. Validators on Ethereum [ETH] could play a significant role in the network’s future. New data on 6 February suggested that the number of new validators added to the network remained constant in 2022, even during the bear market.

Ethereum Open Interest in Perpetual Futures Contracts crossed one billion. Its price has tried to maintain the $1,500 region as support. Bulls have been working hard to keep Ethereum [ETH] around the $1,600 range. It held that price range for the last few days, and there were signs that more traders are betting on the asset. In addition, Open Interest in Perpetual Futures Contracts reached a two-year high, according to the latest Glassnode statistics.

The Sandbox saw close to 100 million inflows into exchanges in recent days. The token unlock event coming up in a few days might be a motivating factor. The value of The Sandbox [SAND] increased significantly at the start of 2023. Nevertheless, price movement has slowed recently, and a review of several crucial parameters revealed that some significant events for the game token might take shape.

The active addresses and transactions count of BNB increased in the last quarter. TVL and NFT ecosystems witnessed a decline. Messari recently published Binance Coin’s [BNB] 2022 Q4 report, which highlighted the blockchain’s performance during the last three months of the previous year. As per the report, BNB...

SUSHI Vesting Merkle Tree Clawback passed implementation with over 99% support. A few metrics and market indicators were bullish, but SUSHI’s daily chart was red. On 6 February, SushiSwap [SUSHI] announced that its proposal for Sushi Vesting Merkle Tree Clawback got approved for implementation. Realistic or not, here’s SUSHI’s...

Despite beating Ethereum, BNB’s DAU was declining. BNB’s RSI and stochastic were overbought, which was bearish. Binance Coin [BNB] outperformed the king of altcoins, Ethereum [ETH], by a huge margin in terms of daily active addresses. As per CoinMarketCap, BNB’s daily active users exceeded 815,000, while Ethereum and Polygon [MATIC] reached 344,000 and 277,000, respectively.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. AVAX recovered slightly above a key short-term downtrend line. The sentiment was positive, but AVAX faced a price rejection at press time. Avalanche’s [AVAX] recovery could be limited...

Rising gas prices could affect Ethereum. NFT trades decline, but traders show optimism. As the Ethereum [ETH] network continues to grow, new data has revealed an alarming trend. Gas fees on the Ethereum network have been steadily increasing since the network’s recent merge. This rise in gas prices might hinder the adoption of Ethereum, as it could make the network inaccessible to users who cannot afford the fees.

Ripple’s development head held the firm’s ground on the global reserve currency proposal. XRP’s momentum drifted towards the reds. A section of the Ripple [XRP] community has long hoped for approval for the token’s buyback proposal since 2021. But all that desire may now be a pipe dream as the project’s Chief Technology Officer (CTO) put a nail to the coffin.

AGIX topped social volume among all assets in the seven days. The token direction might continue in an upturned despite being overbought. Blockchain-powered AI token SingularityNET [AGIX], on the premise of the ChatGPT adoption, increased 680% in the last 30 days. Yes, the surge in value may not be surprising as it’s not the first time that breakthroughs in other sectors impact tokens linked with them.