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Is it possible for Dogecoin to reach $1?
Dogecoin's market valuation needs to reach $100 billion to achieve $1, an ambitious but feasible goal given its ranking and community support.
DOGE has a market cap of $46.67 billion and is trading at $0.3167. The cryptocurrency should double in value to reach $1, as it did in 2021.
Galaxy Research tweeted this scenario:
DOGE has a market cap of $46.67 billion and is trading at $0.3167. The cryptocurrency should double in value to reach $1, as it did in 2021.
Galaxy Research tweeted this scenario:
(DOGS) $DOGE Continuously Rising! šš
What's Happening?
DOGSUSDT is in a strong uptrend, consolidating above key support levels. This is a bullish signal, indicating that the price is likely to continue rising.
Key Points:
* Highest Price Since October 2024: DOGSUSDT reached its highest price since October 2024 today, indicating strong buying pressure.
* EMA55 Line: The price reversed at the EMA55 line, which also coincides with the 0.618 Fibonacci extension level. This is a strong technical indicator of bullish momentum.
* Leveraged Trading: We have a 6X leveraged trade ready to explode as the price continues to rise.
The future looks bright!
The bears are nowhere to be seen, and the bulls are taking over. If you have been patient and stuck with DOGSUSDT, now is the time to reap the rewards.
What's Happening?
DOGSUSDT is in a strong uptrend, consolidating above key support levels. This is a bullish signal, indicating that the price is likely to continue rising.
Key Points:
* Highest Price Since October 2024: DOGSUSDT reached its highest price since October 2024 today, indicating strong buying pressure.
* EMA55 Line: The price reversed at the EMA55 line, which also coincides with the 0.618 Fibonacci extension level. This is a strong technical indicator of bullish momentum.
* Leveraged Trading: We have a 6X leveraged trade ready to explode as the price continues to rise.
The future looks bright!
The bears are nowhere to be seen, and the bulls are taking over. If you have been patient and stuck with DOGSUSDT, now is the time to reap the rewards.
Move
Why you should care about the $MOVE coin project
š Move is seen as one of the most promising languages āāin the field of smart contracts. Here are some factors that point to a promising future for Move:
ćSupport from major companies: Move has received support from major tech companies such as Meta (formerly Facebook), indicating that the industry recognizes its importance.
ćAccelerated growth of the ecosystem: Moveās ecosystem is growing rapidly, with more applications and projects being built on its foundation.
ćFocus on #Ų§ŁŁŲ§Ł Ų±ŁŲ²ŁŲ© : Move is in line with the general trend towards decentralization, making it an attractive option for developers and projects looking for alternatives to centralized systems.
š These factors point to a bright future for the coin, so start buying the coin today to become a winner tomorrow š°
š Move is seen as one of the most promising languages āāin the field of smart contracts. Here are some factors that point to a promising future for Move:
ćSupport from major companies: Move has received support from major tech companies such as Meta (formerly Facebook), indicating that the industry recognizes its importance.
ćAccelerated growth of the ecosystem: Moveās ecosystem is growing rapidly, with more applications and projects being built on its foundation.
ćFocus on #Ų§ŁŁŲ§Ł Ų±ŁŲ²ŁŲ© : Move is in line with the general trend towards decentralization, making it an attractive option for developers and projects looking for alternatives to centralized systems.
š These factors point to a bright future for the coin, so start buying the coin today to become a winner tomorrow š°
https://www.tradingview.com/x/FoiPjZn9
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ZyCrypto
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XRP Lawsuit: Ripple Moves to Shake Things Up With the SEC With $6 XRP Price Highly in View
Ripple has submitted a response letter bolstering its Motion to Seal documents amid the ongoing legal clash with the U.S. Securities and Exchange Commission (SEC). This move by Ripple aims to maintain confidentiality around certain materials filed in connection with the SECās Motion for Judgment and Remedies.
James K. Filan, a prominent figure in the XRP community, shared insights on Thursday regarding Rippleās recent legal maneuver. Notably, Rippleās submission, addressed to Hon. Analisa Torres of the United States District Court in New York, argued that disclosing current financial statements, especially those pertaining to years following the alleged misconduct, is irrelevant to the courtās analysis.
Notably, the company argued against the SECās claim that information about Rippleās financial condition is crucial to determining remedies for its historical conduct. Furthermore, Ripple emphasized the need to maintain confidentiality around past contracts, highlighting potential leverage future counterparties could gain if such details were made public.
The reply letter also rebutted the SECās assertion that Rippleās historical contracts are no longer relevant due to changes in its XRP sales methods. Ripple clarified that while its sales approach may have evolved, the terms of past contracts remain commercially significant and could provide valuable insights into the companyās current business practices.
The letter comes even as Rippleās CEO, Brad Garlinghouse, actively advocates for favorable cryptocurrency regulations alongside those of other industry leaders. Recently, the businessman applauded the passage of the FIT21 bill, which is seen as a legislative victory for the crypto community, while expressing confidence in Rippleās favorable outcome in the SEC lawsuit.
That said, amidst these legal developments, XRPās price struggles to gain momentum, with months of consolidation resulting in a Doji Candle formation on the monthly timeframe, indicating indecision among buyers and sellers.
Nonetheless, amid this weakness, various analysts remain bullish. Crypto analyst Babenski predicts a breakout for XRP, suggesting that the altcoin is on the verge of breaking out of its seven-year accumulation trend.
In a tweet, the pundit presented a chart showing he anticipates XRP breaking out of a bullish symmetrical triangle pattern. He projects a surge of over 1,100% to reach $6, thus setting a new all-time high for the coin.
This sentiment is echoed by other analysts, including U-Copy, who suggested that XRPās price is nearing the end of its triangle formation, potentially indicating an imminent breakout. While U-Copy refrained from specifying a target price, the analyst anticipates significant XRP price movement by December 2024.
At press time, XRP was trading at $0.5213, reflecting a 0.43% drop over the past 24 hours.
James K. Filan, a prominent figure in the XRP community, shared insights on Thursday regarding Rippleās recent legal maneuver. Notably, Rippleās submission, addressed to Hon. Analisa Torres of the United States District Court in New York, argued that disclosing current financial statements, especially those pertaining to years following the alleged misconduct, is irrelevant to the courtās analysis.
Notably, the company argued against the SECās claim that information about Rippleās financial condition is crucial to determining remedies for its historical conduct. Furthermore, Ripple emphasized the need to maintain confidentiality around past contracts, highlighting potential leverage future counterparties could gain if such details were made public.
The reply letter also rebutted the SECās assertion that Rippleās historical contracts are no longer relevant due to changes in its XRP sales methods. Ripple clarified that while its sales approach may have evolved, the terms of past contracts remain commercially significant and could provide valuable insights into the companyās current business practices.
The letter comes even as Rippleās CEO, Brad Garlinghouse, actively advocates for favorable cryptocurrency regulations alongside those of other industry leaders. Recently, the businessman applauded the passage of the FIT21 bill, which is seen as a legislative victory for the crypto community, while expressing confidence in Rippleās favorable outcome in the SEC lawsuit.
That said, amidst these legal developments, XRPās price struggles to gain momentum, with months of consolidation resulting in a Doji Candle formation on the monthly timeframe, indicating indecision among buyers and sellers.
Nonetheless, amid this weakness, various analysts remain bullish. Crypto analyst Babenski predicts a breakout for XRP, suggesting that the altcoin is on the verge of breaking out of its seven-year accumulation trend.
In a tweet, the pundit presented a chart showing he anticipates XRP breaking out of a bullish symmetrical triangle pattern. He projects a surge of over 1,100% to reach $6, thus setting a new all-time high for the coin.
This sentiment is echoed by other analysts, including U-Copy, who suggested that XRPās price is nearing the end of its triangle formation, potentially indicating an imminent breakout. While U-Copy refrained from specifying a target price, the analyst anticipates significant XRP price movement by December 2024.
At press time, XRP was trading at $0.5213, reflecting a 0.43% drop over the past 24 hours.