An analyst has explained how Dogecoin could still have a chance at a parabolic run if the support level of this pattern ends up holding. Dogecoin Is Retesting The Lower Bound Of An Ascending Channel In a new post on X, analyst Ali Martinez has shared a long-term Ascending Channel that the 1-week price of Dogecoin has been trading inside over the years. The “Ascending Channel” here refers to a pattern from technical analysis (TA) that forms when an asset’s price observes consolidation towards a net upside between two parallel trendlines. The upper line of the channel is drawn by connecting successive higher highs. Similarly, the lower one joins higher lows. When the price is moving between these two lines, it’s likely to face resistance at the former level and support at the latter one. Related Reading: Bitcoin & Altcoin Volume Fades—Investor Exhaustion Setting In? In the scenario that the resistance or support line breaks, the asset can be likely to see a continuation of the trend in the direction of the break. This means that escapes above the channel can be bullish, while drops under it can be bearish. Like the Ascending Channel, there is also the Descending Channel, which occurs when the asset’s consolidation happens toward a net downside instead. But other than this fact, the latter works similarly to the former. There is also a third type of parallel channel, where the consolidation is exactly sideways. In this case, the trendlines are not only parallel to each other, but also to the time-axis. Now, here is the chart shared by Martinez that shows the Ascending Channel that the weekly price of Dogecoin has seemingly been stuck inside for the past decade: As is visible in the above graph, the 1-week price of Dogecoin has recently observed a sharp decline toward the bottom line of the Ascending Channel. Last year, the memecoin also made a retest of the line, which proved successful and helped its price find a rebound to the upside. Related Reading: Bitcoin Investors Shift To Strong Distribution As Demand Fades, Glassnode Reveals It’s possible that the line may once again end up holding for DOGE, but it’s still too early to say anything, considering that the last retest saw the coin move along the line for a while before bullish momentum returned. The latest retest of the line has come following a crash that has shaken assets across the cryptocurrency space and instilled fear in the minds of the investors. As long as DOGE stays inside the Ascending Channel, though, not all hope may be lost for the memecoin’s holders. As the analyst says, “Dogecoin $DOGE still has a chance to go parabolic if the $0.16 support level holds!” DOGE Price Dogecoin has been one of the worst-hit top coins in the sector during the past week, as its price has plummeted almost 17%, coming down to the $0.17 level. Featured image from Dall-E, charts from TradingView.com
The post Crypto News Today 15th March : Bitcoin Price, Pi Network News, Ripple XRP News appeared first on Coinpedia Fintech News March 15, 2025 06:04:28 UTC Chainlink Activity: 14.875M $LINK Unlocked and Sent to Binance Chainlink’s non-circulating supply wallet unlocked 14.875M $LINK—worth about $216M—and deposited the tokens into Binance today. This marks another unlock event, and history shows that such occurrences often precede price increases. Out of the 10 previous unlocks, nine witnessed notable gains within 30 days, suggesting that this latest deposit could boost market sentiment. Traders are keeping a close eye on Chainlink’s activity, as it may signal an upcoming upward movement in $LINK’s price. March 15, 2025 05:01:30 UTC Ripple News : Private SEC Settlement Could End XRP Lawsuit Jeremy Hogan just dropped a bombshell on $XRP. According to Hogan, a private settlement with the SEC could resolve Ripple’s ongoing lawsuit without resorting to a lengthy court battle—no appeals, no delays, just clear resolution. This potential settlement would allow Ripple to move forward, unlocking institutional participation and propelling XRP into a new era. Meanwhile, XRP is already outperforming major cryptocurrencies like $BTC and $ETH, signaling that the market is beginning to wake up to its potential.
Is there a thing called the 'Robinhood effect?'
Since the beginning of this year, Dogecoin , the largest meme coin, has been riding the bearish wave, dropping from its yearly high of $0.48 to as low as $0.15. DOGE’s persistent descent is a testament to the highly volatile nature of the cryptocurrency market. Nonetheless, this substantial drop might be nearing its end as analysts identify developments that signal a possible price reversal. DOGE’s Potential For A Major Rebound Continues To Rise After a prolonged struggle to undergo a rally , Dogecoin may be gearing up for an upward move. Dogecoin’s recent price action shows that the dog-themed meme coin is showing signs of stabilization as several indicators signal a possible price reversal. In an X (formerly Twitter) post, Ali Martinez, a seasoned technical and on-chain analyst, predicted an upsurge for DOGE in the short term. The analyst forecast hinges on key momentum signals like the Stock Relative Strength Index (RSI), which is starting to turn positive during ongoing volatility. A Stock RSI indicator turning positive within bearish market conditions indicates growing upward momentum. As a result, Ali Martinez believes that the meme coin could be preparing for a major rebound toward higher levels. Rally Imminent As Dogecoin’s Price Bottoms Out Market expert and investor Trader Tardigrade also shared an analysis that hints at a potential rally, with the possibility that DOGE might have reached its bottom. His prediction has sparked optimism toward Dogecoin as technical indicators hint at a possible change in momentum and its price consolidating near critical support levels . Delving into DOGE’s price action in the monthly time frame, Trader Tardigrade pointed out a massive Macro Channel formation. A Macro Channel is a technical formation that describes a long-term trend in which an asset fluctuates between two parallel trendlines, suggesting a possible consolidation or a persistent price action. DOGE seems to have been following this huge chart pattern since the meme coin was introduced in the ever-dynamic world of cryptocurrency. While DOGE has followed the macro channel pattern, deviations have typically emerged at the edges of the channel. However, if DOGE stays inside the macro channel without deviating this time, it may imply that a bottom has been reached. With Dogecoin reaching a bottom, Trader Tardigrade is confident that a massive upward move will follow. Looking at the chart, the expert predicts the upcoming rally to reach as high as $4 and beyond, marking a new all-time high for the meme coin and probably its best bull run market cycle ever. When DOGE faces an upside direction, it signals the start of a renewed phase for prices and the confirmation of the current downward trend. At the time of writing, DOGE was trading at $0.16, demonstrating a 24-hour decline of nearly 2%. Investors’ sentiment is becoming bearish, as evidenced by a more than 12% decrease in trading volume in the past day.
COINOTAG News reports that, as of March 15th, recent analytics from CoinGecko indicate that Upbit has recorded a trading volume of $19.67 billion over the last 24 hours. This figure
In a recent statement made during the Credit Opportunity Symposium at New York University, Avenue Capital Group’s co-founder, Marc Lasry, highlighted the substantial impact of political uncertainty, particularly regarding tariffs
The US Congress approved the Republican spending bill on Friday, just hours before the deadline, preventing a government shutdown. The bill’s passing, however, unearthed the deep rifts in the Democratic Party, showing that the members are divided on how to deal with President Donald Trump. Failing to pass the government’s spending bill would have given the Democratic party room to stop Trump and Elon Musk’s mass dismissals and the dismantling of federal agencies. However, with a number of Democrats, like Senate Democratic leader Chuck Schumer, joining in to pass the bill, they’ve cleared a major procedural impediment for Trump’s administration. Chuck Schumer says he’d rather drop a procedural blockade on the bill than risk having a government shutdown The Democrats who helped pass the bill are now being heavily criticized by the public, seeing how Trump’s opponents will only have to rely on courts to halt his plans. Within the party, Democratic leaders also clashed over a difference in opinion. Those who backed the spending bill argued that a government shutdown would harm Americans more than Trump’s cost-cutting agenda. For instance, Senator Schumer claimed that his party had no good alternatives: they could either force a prolonged government shutdown to counter Trump or accept a Republican bill that would slash funding for veterans’ health care, firefighters, and police in Washington, DC. He added that he’d rather block the spending bill later than risk a government shutdown. He commented: “I believe it is the best way to minimize the harm that the Trump administration will do to the American people. Clearly, this is a Hobson’s choice. The CR is a bad bill, but as bad as the CR is, I believe allowing Donald Trump to take even much more power via a government shutdown is a far worse option.” – Chuck Schumer Schumer’s bill support, however, is a political victory for Trump and House Speaker Mike Johnson, who persistently pushed for the bill to advance the government’s cost-cutting plans. Trump even commended Schumer, saying he did the right thing by supporting the bill. Democrat leaders are second-guessing minority leader Chuck Schumer Before the bill’s passing, Democrats like Rep. Alexandria Ocasio-Cortez had called for the public to push against it. As a result, Americans called multiple senators’ offices, asking them to vote against the bill. However, as matters stand, many Democrats believe Schumer let them down. On Friday, when reporters asked House Minority Leader Hakeem Jeffries whether he still had confidence in Schumer, he did not give a direct answer and only asked reporters for the next question. The 52nd speaker of the United States House of Representatives, Nancy Pelosi, also argued that senators made the wrong choice by accepting the bill rather than fighting against it, taking a hit at senators like Schumer without naming them directly. Biden’s domestic chief policy adviser Susan Rice even asked Democrat leaders to “grow a spine”, asking them why they would want to “roll over and play dead.” Schumer has, however, stated that he’s proud of the decision he made, believing it was the right thing to do to protect his party. He even said he expected that some would disagree with his choice, claiming that’s always the case in such situations. Additionally, Senator Martin Henrich asked Democrats to come together, telling them that it’s not the right time to doubt their leader, Schumer, if they are going to stand against Trump. Virginia Sen. Mark Warner, the top Democrat on the Senate Intelligence Committee, also claimed he had confidence in Schumer, although he voted no on the Republican spending bill. He added that he respects all other democrats who supported the bill, claiming they were all torn between two awful choices. So far, the party’s more progressive voters are still insistent on opposing Musk’s plan to eliminate federal agencies. Many moderates, however, are leaning towards fighting to protect Medicaid and against the impact of Trump’s destructive trade tariffs. Nevertheless, the Senate approved a separate measure to allow Washington, DC, to have some authority over spending, but the measure still needs the House’s approval . Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
The post Why Crypto Market Is Going Up Today? Top Factors Driving Prices Higher appeared first on Coinpedia Fintech News The total crypto market cap surged by over 1.2 percent in the past 24 hours to hover about $2.84 trillion on Saturday, March 15, 2025. The mild crypto recovery was heavily welcomed, despite the industry having lost over $1 trillion in net valuation during the last two months. The wider altcoin market followed Bitcoin’s (BTC) price in a bullish recovery during the past 24 hours. As a result, the fear of further crypto capitulation significantly dropped as shown by Bitcoin’s fear and greed index which surged to 46 percent, which represents market neutrality. Major Factors that Influenced Crypto Recovery Today Sustained Gold Price Rally In the past three days, gold price has rallied over 3 percent to hit a new all-time high of around $3k per ounce for the first time in its history as a store of value for humanity. With Bitcoin regarded as digital gold, speculation about a V-shaped BTC price reversal surged across different social media channels. The wider crypto market, which has over the years moved in tandem with Bitcoin, benefited from the mild BTC price rebound. Stock Market Gains The wider crypto market followed major stock indexes in a bullish outlook in the last 24 hours. After a notable decline earlier this week, the S&P 500, NASDAQ Index, and the Dow gained around 2 percent in the last 24 hours. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Bitcoin Holds Around Key $85K Level: Will BTC Price Meet Buyers’ Demand? , Since the second inauguration of U.S. President Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President the wider crypto market has signaled a positive correlation with major stock indexes. Crypto Regulatory Clarity The cryptocurrency market recorded a mild recovery in the past 24 hours as the United States Security and Exchange Commission (SEC) proposed the implementation of a strategic Bitcoin reserve through the use of XRP. According to the U.S. SEC, XRP should be considered a payment asset and not a security investment. As a result, the agency believes that XRP can be used to free up funds locked up in the U.S. Nostro account, which can be used to purchase more Bitcoins. 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The crypto market is recovering, with a 1.2% surge in total market cap, Bitcoin rebounding, and improved investor confidence from SEC clarity. How does gold’s price rally affect Bitcoin? Bitcoin is seen as digital gold, so its price often follows gold’s trends. Gold hitting $3K fueled speculation of a BTC price reversal.
The Pi coin is the latest sensation hitting the crypto market, breaking out around $2. Pi’s emergence among the top altcoins has been met with a lot of optimism following the coin’s six-year run until its current launch process this year. Holders have been rewarded for their patience and persistence over the course of the last six years. However, while the market continues to grapple with the success of Pi joining the top altcoins, there is a new altcoin projected to see a bigger breakout in the coming months. Hence, if the success of Pi has interested you, Remittix might stun you more. What Made the Pi Top Altcoins Breakout Possible There is strong optimism currently growing around the Pi coin in the last few weeks as it approached the end of its onboarding process for new users. The coin breakout has been a major sensation, breaking out amongst the top altcoins with a massive market cap in the upwards of $10B. This has continued to boost the hype around this new altcoin as it brings a fresh atmosphere to the market during these turbulent times in the crypto market. However, unlike other new crypto assets, which usually face a strong dump after an official launch, the Pi coin has launched on a strong foot, keeping a consistent growth spirit. The first few days saw the Pi coin on a continuous growth, opening at $0.6287 and hitting a new high of $2.9817 by the end of the sixth day. But the coin’s innovative approach for providing utility for the coin using local businesses has kept the coin waxing stronger. Although the Pi coin is currently about 49% down from the ATH of $2.9817 set late February, analysts predict the utility of this new token could see it at a new ATH before the end of the second quarter. Could Remittix Break The Pi Coin Growth Record This Year Remittix is another new token that has become a sensation during its presale round in the last few weeks. Experts are quickly catching up on this new token. One standout projection predicts that the Remittix token could join the top altcoins this year with a 100x breakout. This follows a careful analysis of the growing investor list and positive sentiments around the ongoing Remittix presale. One factor that stood the Pi coin out for success in the last few years was the fact that it continues to enjoy a positive outlook even while it was yet to launch. However, with careful evaluation of the Remittix token, analysts believe the Remittix presale has also been following this path, enjoying a strong buzz around its presale. Although the Pi launch process in the last few years didn’t give a hint of the price change, the Remittix presale round, on the other hand, has shown over 7x change since it began. Given the high optimism about the Remittix token and its more user-focused utility, the token is projected to see a breakout that could see it above $5 before the end of the year. Experts believe the demand for the Remittix token will continue to enjoy a surge as the exchange allows users to make crypto to FIAT payments smoothly. The Remittix exchange uses a user-friendly interface while also implementing an approach that makes transactions easy and at a low fee. Investors have continued pushing the Remittix price higher, and it has now raised more than $13.8M, making it one of the best crypto ICOs this year. Join the Remittix presale today as it moves towards becoming one of the top altcoins in the market this year, with a projected 100x before the end of 2025. Follow any of the links below to buy Remittix tokens today at the best price. Website: https://remittix.io/ Socials: https://linktr.ee/remittix
WLFI challenges misleading media reports regarding its ties with Binance.US. The project emphasizes its mission in decentralized finance and transparency. Continue Reading: Trump Family’s Crypto Project Defends Itself Against Misleading Media Reports The post Trump Family’s Crypto Project Defends Itself Against Misleading Media Reports appeared first on COINTURK NEWS .