Dogecoin is showing signs of recovery, with a recent price increase of 10% bringing it to $0.34. Analysts highlight key Fibonacci levels to watch, including targets at $0.50, $0.70, and between $1 and $1.1, while also noting critical support zones below $0.297. Historical trends suggest a potential 400% rally could occur if the Relative Strength Index (RSI) dips below 40 again, similar to past performance.
Solaxy ($SOLX) is emerging as a potential 100x token, developing a layer-2 solution for the congested Solana network. By offloading processing and enhancing scalability, it addresses key performance issues while attracting significant interest, surpassing $3 million in presale sales within a week. Experts predict a price surge post-presale, although concerns about a market crash in 2026 linger.
Bitcoin is currently trading at approximately $98,600, following a volatile week. Analyst Adrian Zduńczyk predicts a surge to over $225,000 by June 2025, marking the final phase of the current bull run, which began in October 2023. He warns of a potential bear market in 2026, advising investors to secure gains before the year ends.
Argentina is set to launch its first blockchain-powered lithium tokenization project in Q1 2025, allowing global investors to own fractional shares of this essential resource for electric vehicle batteries. This initiative aims to enhance transparency, liquidity, and ethical sourcing while reducing transaction costs by eliminating intermediaries. With the EV industry projected to reach $1.3 trillion by 2027, Argentina's move positions it as a leader in sustainable innovation and digital asset integration.
Colombian investors can now trade shares of the IBIT Bitcoin ETF, issued by BlackRock, in pesos, marking a significant development in the country's financial markets. This ETF, managing over 500,000 BTC and valued at $50 billion, offers regulated access to Bitcoin, facilitating portfolio diversification while lowering barriers for new participants in the crypto sector. Currently, IBIT shares are trading at an average price of 242,960 pesos, approximately 55 US dollars, reflecting its valuation in global markets.
Dogecoin has recently experienced a significant price drop, breaking below key support levels of $0.4 and $0.3, before rebounding to $0.34 after hitting a low of $0.2663. Analysts suggest that the cryptocurrency is now positioned for a potential 100% rally to $0.69, contingent on sustaining momentum and breaking above the Gaussian Channel's upper boundary. Key resistance and support levels are critical to watch as market sentiment shifts.
Polkadot's price has dropped to $6.50, prompting traders to view this dip as a buying opportunity, with potential for a 50% rise amid upcoming upgrades. Despite bearish trends and a head-and-shoulders pattern indicating possible further declines, strong support at $6 reflects buyer confidence. The market remains divided, influenced by macroeconomic factors and recent Federal Reserve meetings.
Polygon has launched its AggLayer v0.2 testnet, enhancing blockchain interoperability and security through "pessimistic proofs." Despite recent price declines, analysts are optimistic about POL's potential to reach $1 by 2025, driven by ecosystem growth and a partnership with Eternal AI. Additionally, a proposal to generate $1.3 billion in stablecoins from the Polygon PoS bridge could yield significant annual interest, further supporting the network's expansion.
Cardano is showing signs of a bullish divergence despite a recent 23.1% weekly drop, with analysts predicting a potential rally to $2.50-$3.50. In contrast, Solana has fallen below $200, losing 16% weekly, but some analysts foresee a rebound to $240. Meanwhile, Lunex Network has surged 283% and is expected to reach $1, driven by its innovative cross-chain swap feature and strong community incentives.
Interpol has issued a "Red Notice" for Hex founder Richard Schueler, also known as Richard Heart, for alleged tax fraud and assault, with Finnish authorities seeking his arrest. The allegations include a physical assault on a minor and tax evasion from June 2020 to April 2024. Schueler is also embroiled in a $1 billion lawsuit with the SEC over unregistered crypto token offerings.
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