The research arm of Galaxy Digital is predicting Dogecoin (DOGE) will hit a major milestone in 2025. In a new thread on the social media platform X, Galaxy Research’s Alex Thorn predicts that top memecoin DOGE will soar more than 170% from its current value this year and hit a psychological price point for the […]
The post Dogecoin (DOGE) To Finally Hit Major Milestone in 2025, Predicts Galaxy Research – Here Is the Target appeared first on The Daily Hodl.
Bitcoin price looks on track to reclaim the $100,000 level. Are altcoins set to follow?
Bitcoin (BTC) bulls are maintaining the pressure and are likely to test the stiff overhead resistance at $100,000 soon. Although the recovery has been strong, the relief rally on Jan. 2 was greeted by profit booking by the United States spot Bitcoin exchange-traded fund investors. The ETFs witnessed $242.3 million in outflows, per Farside Investors data.
Bitcoin’s hesitation to cross above $100,000 has not altered its long-term view. Steno Research said in a research note that 2025 is likely to be the best year for cryptocurrency markets ever. They expect Bitcoin to hit more than $150,000 and Ether (ETH) to cross $8,000.
Crypto market data daily view. Source: Coin360
A frog-themed memecoin is up massively after billionaire Elon Musk changed his username on the social media platform X. According to Musk’s X profile, his name has been changed to “Kekius Maximus,” a vague reference to the frog-headed Egyptian god Kek, whose name has been used to convey laughter by gamers and internet users. Kek […]
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A popular crypto analyst says that meme asset Dogecoin (DOGE) could surge by quadruple digits percentage-wise for one key reason. Crypto trader Ali Martinez tells his 106,500 followers on the social media platform X that if DOGE follows a historic price pattern, the memecoin could surge to $17.76. “Dogecoin could rally by another 6,770% if […]
The post Dogecoin Could Rally by 6,770%, According to Crypto Analyst – Here’s What Needs To Happen appeared first on The Daily Hodl.
A chart pattern suggests an Ethereum (ETH) layer-2 scaling solution altcoin could surge by 2,400%, according to a popular crypto analyst. The trader Ali Martinez tells his 105,800 followers on the social media platform X that Polygon (MATIC) has been building a multi-year descending triangle since 2021. “This pattern shows lower highs pressing towards a […]
The post Trader Predicts Ethereum-Based Altcoin Could Explode by Over 2,400%, Updates Outlook on Bitcoin appeared first on The Daily Hodl.
Bitcoin needs to find support in the $90,000 to $85,000 range in order for altcoins to recover and find new buyers.
Bitcoin (BTC) has started the last week of the year on a soft note, indicating that the bulls are not hurrying to buy the dip. Analysts are divided about Bitcoin’s short-term price action. Some expect a strong rally leading into United States President-elect Donald Trump’s inauguration in January, while others anticipate the volatility to increase. BitMEX co-founder Arthur Hayes voiced a contrarian view in his blog post on Dec. 17, where he said the markets are likely to witness a “harrowing dump” around Trump’s inauguration day.
While short-term traders may be waiting for the uncertainty to clear before buying, MicroStrategy has continued its Bitcoin buying spree for the eighth successive week. The business intelligence firm announced the purchase of 2,138 Bitcoin between Dec. 23 and Dec. 29 at an average price of roughly $97,837.
Daily cryptocurrency market performance. Source: Coin360
A popular crypto analyst says one technical signal suggests that top meme token Dogecoin (DOGE) could be primed for a bounce. Ali Martinez tells his 104,600 followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator presented a bullish signal for DOGE. “The TD Sequential presents a buy signal on the […]
The post Dogecoin Primed for a Price Rebound As Crypto Whales Accumulate DOGE, According to Analyst appeared first on The Daily Hodl.
Riding political shifts, regulatory optimism and growing institutional interest, these three coins delivered monumental gains this past year.
The cryptocurrency market experienced a remarkable resurgence in 2024, rising from its January capitalization of $1.8 trillion to an astounding $3.9 trillion as of mid-December. The surge was spearheaded, in large part, by Bitcoin’s meteoric year-to-date (YTD) rise of 160%.
However, this dramatic recovery also triggered a wave of bullish momentum across the board — especially for some altcoins — breathing new life into projects that had otherwise stagnated or underperformed, at least in the eyes of some observers.
Below are some standout crypto performers that registered extraordinary comebacks in 2024 that analysts say may continue to outperform.
A closely followed crypto analyst believes top memecoin Dogecoin (DOGE) is gearing up to unleash another parabolic rally. Crypto strategist Ali Martinez tells his 103,200 followers on the social media platform X that Dogecoin may be following in the footsteps of its 2017 and 2021 market cycles when the memecoin ignited a meteoric ascent after […]
The post Another Parabolic Rally on the Way for Dogecoin if History Repeats, Says Crypto Strategist – Here’s His Outlook appeared first on The Daily Hodl.
Bitcoin’s recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.
Bitcoin (BTC) bulls are trying to start a Santa Claus rally by pushing the price back above the psychological level of $100,000, but higher levels may attract sellers. Bitcoin has gained nearly 2% in December, but it will have to do more work to catch up with the previous year’s 12.18% rise in December, per CoinGlass data.
CryptoQuant contributor Joo Hyun Ryu said in a Quicktake blog post that Bitcoin demand has increased from speculative short-term holders (STH) and Korean investors. The share of STH increased by 3% within a week, and the “Kimchi Premium,” the aggregate difference in price between South Korean exchanges and others, reached a local high of 5.12.
Crypto market data daily view. Source: Coin360
