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Dogecoin (DOGE) may be preparing for a major rebound after weeks of sideways movement, according to crypto analyst Ali Martinez. This outlook comes as the meme cryptocurrency shows signs of short-term strength. As of press time, DOGE was valued at $0.19, gaining over 5% in the past 24 hours, while on the weekly time frame, it is up 4%. DOGE seven-day price chart. Source: Finbold In an X post on October 18, Martinez noted that DOGE is trading within an ascending parallel channel that stretches back to early 2023. Dogecoin is currently hovering near the lower boundary of this channel, a region that has historically acted as a reliable launch pad for rallies. DOGE price analysis chart. Source: TradingView At the same time, the token is defending a key support area around $0.16, near the 0.618 Fibonacci retracement level. As long as this zone holds, bullish momentum could begin to build. The next immediate price barrier is $0.21, which must be breached for DOGE to ...

Futures contracts for Solana (SOL) are so mispriced that arbitrageurs are earning annualized interest rates of 23% on exchanges with institutional credibility and millions of dollars worth of available liquidity.  Yesterday, monthly CME futures contracts for SOL expiring in October were trading at a 2.8% premium to spot. That created a substantial yield for a two-legged trade that could have conservatively achieved a USD denominated annualized yield of 23%. The specific type of mispricing is contango — an anomaly when the futures price of an asset is higher than the expected spot price at contract expiration. To illustrate this, consider the simultaneous prices of SOL futures and spot SOL on the CME in October that one arbitrageur captured yesterday: $237.60 and $230.97, respectively . If an arbitrageur was indifferent to the price of SOL and simply wanted to lock in a market-neutral, USD-denominated yield, they could have shorted October futures contracts an...

Shiba Inu buy today has catalyzed various major discussions among crypto traders, and for good reason actually. As CoinGecko reveals, at the time of writing, SHIB is trading at $0.00001374, down a staggering 43% since January 2025, which has transformed several key market dynamics. This decline has been spearheading what numerous significant analysts consider a strategic Shiba Inu buy now opportunity for those who can handle the risk. The token’s Shiba Inu rebound potential has accelerated through various major historical patterns, given its ability to deliver explosive returns during market recoveries, making right now an interesting time to evaluate whether you should consider adding SHIB to your portfolio. Source: CoinGecko Also Read: Shiba Inu to $0.01 Rally Doubted but Expert Calls It Possible Shiba Inu Buy Today: Price Trends, Rebound Potential, and Market Risks Source: Watcher.Guru Current Market Conditions Signal Potential Entry Point Market dynamics have revolutionized Sh...

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Open interest in XRP futures has surged to its highest level since January, reaching a peak of 800 million XRP before settling at 743 million, a 33% rise from the June 22 low, according to data retrieved by Finbold from Coinglass .  XRP open interest. Source: Coinglass This spike in cumulative futures positions signals growing confidence among derivatives traders, even as XRP’s spot price holds steady at around $2.33, up 2.34% in the past 24 hours and 6.27% over the past week. XRP funding rate. Source: TradingView XRP price analysis  Despite the rise in futures activity, XRP’s price hasn’t followed suit with any explosive gains. Analysts attribute this disconnect to divergent trends across global exchanges. On South Korea’s Upbit, the country’s largest crypto trading platform, XRP inflows remain strong, propping up demand.  Meanwhile, other major international exchanges have witnessed outflows exceeding $8.82 million in XRP, suggesting that the pri...

The cryptocurrency market has resumed its bullish trend, led by Bitcoin (BTC), which is trading at a new record high above $110,000. However, this optimism, driven by increased buying pressure from investors, has led to overbought conditions for specific cryptocurrencies, making them risky bets for traders heading into the weekend. In this context, below are two overbought assets to hold off on trading, as they currently exhibit elevated Relative Strength Index (RSI) levels. Bitcoin (BTC) Bitcoin is trading at $110,975, surpassing its last record high. However, the asset’s RSI values across multiple timeframes suggest caution.  For example, the RSI reads 50.82 on the one-hour chart, 65.38 over four hours, 69.28 over 12 hours, and 74.53 over the past 24 hours. BTC RSI reading. Source: Coinglass Notably, an RSI above 70 typically indicates overbought conditions, and Bitcoin’s 24-hour RSI signals the potential for a pullback as buying press...

The cryptocurrency market never sleeps, and savvy investors are always looking for the next big opportunity. With so many projects competing for attention, how do you know which ones are worth your time? Today, we spotlight six standout altcoins making waves: VeChain, Kaspa, OKB, and DeXe that demand your attention. 6 Best Altcoins to Watch Today VeChain is solving real-world supply chain issues with blockchain innovation. Kaspa delivers cutting-edge speed and scalability in a decentralized world. OKB empowers traders with ecosystem benefits on one of the largest crypto exchanges. DeXe revolutionizes social trading with decentralized strategies and transparency. Dive into the details of these altcoins, their current momentum, and why they’re shaping up to be must-watch projects in today’s dynamic crypto space! 1. VeChain (VET) VeChain is designed to enhance supply chain management and business processes. By utilizing distributed ledger technology, it aims to streamline t...

The Fwog price soared over 39% in the last 24 hours to trade at $0.2071 as of 9:58 p.m. EST as investors rush to buy the meme coin. This recent surge in the FWOG price was enough to push the crypto’s weekly performance out of the red. As a result, the altcoin is more than 30% in the green on the longer-term time frame. Fwog Price Attempting To Clear The $0.2059 Resistance 4-hour chart for FWOG/USD (Source: GeckoTerminal) The Fwog price broke out of a short-term descending channel in the last couple of days and has been in a positive sequence ever since. Now, the meme coin is attempting to flip the resistance level at $0.2059 into support. It was able to break above this mark in the last couple of hours, but sellers forced the crypto’s price to back below this price point. Should the Fwog price close a 4-hour candle above $0.2059 within the next 12 hours, it could have the technical foundation needed to keep climbing in the following 24 hours. Traders might subsequent...

A Bitcoin whale lost $13 million in 6 days trading BTC following a series of bad decisions made over the last week. During the same time as the whale’s trading decisions, Bitcoin’s price suffered a 5% correction. This pullback continued in the last 24 hours, resulting in BTC trading at $93,710.19 as of 2:47 a.m. EST. Bitcoin Whale Suffers Major Loss On Binance The Bitcoin whale’s trades were highlighted by on-chain analytics platform Lookonchain. In a Jan. 13 X post, the firm said that the whale initially withdrew 1,850 BTC, valued at $188.7 million, from Binance 6 days ago when the leading crypto’s price stood at $101,998. 6 days ago, a whale withdrew 1,850 $BTC($188.7M) from #Binance at $101,998. 8 hours ago, the whale deposited 1,850 $BTC($175.7M) to #Binance at $94,963. Losing $13M in 6 days.https://t.co/sVYcWVjpqh pic.twitter.com/2lokPJTpmJ — Lookonchain (@lookonchain) January 13, 2025 In the last 24 hours, the whale then deposited the sam...

As the year 2024 comes to an end, the cryptocurrency community is eager to see what the coming year holds. Throughout the past 12 months, several assets in the market recorded a notable uptick. Certain cryptocurrencies like Bitcoin (BTC) and Solana (SOL) managed to record new all-time highs. Amidst this, Ripple’s XRP also stands out despite its inability to reclaim its peak. Can the altcoin hit a new high in 2025? Also Read: Experts Predict 3,000% Surge for These Altcoins—XRP Not Included XRP’s Weekend Struggles Source: CoinMarketCap At press time, the altcoin was trading at $2.19. This comes after a nearly 3% price drop over the past 24 hours. Ripple’s cryptocurrency had a rather tough week as it saw a 9% downfall throughout the last seven days. Despite this, the asset’s monthly gains are at 40%. While the community has increased hopes for the cryptocurrency, XRP continues to remain 43% below its all-time high of $3.84. The asset hit this peak back in 2018, whic...

As Bitcoin (BTC) is back surging above the $100,000 mark and altcoins consolidate above strong support levels, a crypto trader has warned his followers that the market’s top is close and urges people to prepare their exit strategy. Bitcoin made a new all-time high this Monday, attracting more retail investors with the fear of missing out (FOMO). However, as retail starts increasing its BTC exposure, savvy traders and investors prepare their exit strategy as the top approaches. In particular, the 356,000-follower trading and investing X persona, cevo , sent a warning to his followers on December 16. “We are close to the top, he said in a controversial post that later received other comments. “The most gains with alts will be realized in this last phase. Prepare your exit strategy,” cevo concluded. Picks for you Here’s when Chainlink (LINK)...