As the newly elected US president, Donald Trump, plans to reduce regulatory pressures, the altcoin market is expected to thrive in 2025. Analysts suggest that Ethereum will reach a new all-time high.
Can Dogecoin (DOGE) Breakout To Undergo Another Surge?
Following the recent 200%+ rally, Dogecoin entered a consolidation due to decreased momentum near the $0.44 resistance level. During this period of slow price movement, the demand slowly faded, and Dogecoin plunged over 35% to trade in a tight range between the $0.31 support and $0.34 resistance levels.
Source: CoinMarketCap
After two weeks of sideways action, the Dogecoin price broke above this range but quickly reversed from the $0.398 resistance level and dropped to $0.31. Dogecoin took support here, gained over 14% in the last two days, and is trading at $0.3546 above the short-term 10-day and 20-day SMAs.
However, the price is facing immediate resistance from the 50-day SMA line. If Dogecoin can regain sufficient demand and move above this resistance, it may trigger another price surge and continue with another rally.
PEPE Consolidates Above Crucial Support Level
During the November rally, PEPE surged tremendously but lost demand nine days into the rally, so it consolidated below the $0.000023 price level for three weeks. The price regained momentum, and PEPE reached the latest ATH at $0.00002825 on 9 December 2024, but it faced massive bearish pressure and dropped nearly 50%.
Due to the lost demand, PEPE dropped to $0.0000165 a month ago and is still near this support level. In the previous 24 hours, PEPE has plunged 2.16% and is trading at $0.00001692 with a 43% decrease in trading volume. The MACD oscillator is dropping, indicating increasing bearish pressure. If the price drops further, $0.0000156 is a significant support level.
The Relative Strength Index for PEPE is 41 and is steadily dropping, indicating the price is moving towards the underbought region. If PEPE falls below the immediate support, it could increase buying pressure, and the changing market sentiment could spark a rally.
DTX Exchange: The Best ICO For 2025
DTX Exchange has become the go-to presale investment for traders since the project capturing the global financial markets with its hybrid trading platform and showing tremendous growth potential.
The platform is revolutionizing trading with innovative features such as on-chain analytics, copy trading, trading bots, and portfolio management tools. These tools allow users to make better trades and gain an edge over conventional investors.
Moreover, DTX Exchange has solved liquidity issues plaguing most exchanges by implementing distributed liquidity pools. The platform gets liquidity from external liquidity providers and exchanges to reduce slippage and ensure that users get consistent prices for efficient transactions.
DTX’s presale has reached the seventh round and offers investors a price of $0.14 per token. The token is considered undervalued as it will surge to $0.16 within a few days by the next round. The presale has already provided 7x gains to early investors who acquired the altcoin for $0.02 in the early stages.
However, traders who missed out on the early gains still have an excellent opportunity for quick and safe returns since DTX will surge to the launch price of $0.20 by the end of the presale. Moreover, analysts suggest that Ethereum will reach a new ATH this year and trigger a bull run, which could lead to a 300% growth for DTX after the launch.
Find out more information about DTX Exchange (DTX) by visiting the links below:
Buy Presale
Visit DTX Website
Join The DTX Community
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