trumpmarketinsights

Hey, crypto fam! 🐕💰 Dogecoin has been gaining some serious attention lately, and experts are making bold predictions for its future. One expert has set a *15 price target* for *Dogecoin* (DOGE) as it continues to trade within a *multi-year ascending channel*. 😱

Let’s dive into what this means for Dogecoin, what’s happening right now, and what we can expect in the future. 📈

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*Current Situation: Dogecoin’s Price Action 🐶💵*

At the moment, *Dogecoin* is trading within a solid *ascending channel* that spans over multiple years. This channel shows that the price has been gradually moving *upwards* over time, creating a strong trend. 🔼

Here’s what’s happening:
- *Price Stability*: DOGE has *recently found support* at a key level, maintaining stability even in volatile market conditions.
- *Resistance & Support*: It’s bouncing between key *resistance* and *support* levels, and the price tends to *retest* these levels before making a move higher.
- *Elon Musk’s Influence*: As always, *Elon Musk's tweets* continue to drive price action. Any mention of *Dogecoin* from him brings massive buying pressure, though it's not the only factor at play. 🐦🚀

Now, let’s talk about the expert price target! Experts are predicting that *Dogecoin* could potentially hit *15* in the future. Here’s why:

1. *Long-Term Uptrend*: Dogecoin has been trading in an *ascending channel*, which is a *bullish indicator*. If this trend continues, we could see a *gradual increase* in price, leading up to significant price levels like *15*.

2. *Wider Market Adoption*: Dogecoin isn’t just a meme coin anymore. It’s gaining more *acceptance* as a *payment method* in various platforms, which is adding to its utility. 🛍️💳

3. *Increased Interest*: As more investors recognize Dogecoin as a potential *store of value* and *payment option*, the demand will increase, pushing the price up.

4. *Bullish Sentiment*: *Crypto market recovery* and *altcoin season* could be key catalysts for Dogecoin’s rise. If Bitcoin continues to soar, many altcoins, including DOGE, will likely follow the same bullish momentum. 📈🚀

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*Future Outlook: Is15 Possible? 🤔*

While *15* might sound like a far stretch, here's the reality:

- *Timing is Key*: Dogecoin has been around for a while, and hitting *15* won’t happen overnight. It will require *patience*, continued *market support*, and consistent *upward price movement*.

- *Critical Levels to Watch*:
- *0.70*: If DOGE can break through *0.70*, it could signal a *strong move* toward higher targets.
- *1.00*: This psychological level could act as a *launchpad* for further price gains, with *15* as a longer-term goal. 🌟

- *Macro Trends*: The broader crypto market will play a *huge role* in Dogecoin’s future price. If the market enters another *bullish phase*, expect *altcoins* like Dogecoin to gain traction.

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*Conclusion: What Should You Do? 📊*

If you’re holding *Dogecoin*, here’s what you should consider:
- *Long-Term Vision*: Keep an eye on the *ascending channel*. If Dogecoin maintains its current trend, we could see gradual price increases.
- *Take Profits Along the Way*: As the price rises, consider taking *profits* at key levels like *1*, *3*, or *5*.
- *Patience is Key*: *15* is a *long-term goal*, so don’t expect it to happen overnight. It’s crucial to keep a *long-term perspective* and *not panic during market corrections*.

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🚨 : Dogecoin is in an *ascending channel*, with experts predicting a potential rise to *15*. This price target is based on a *long-term uptrend*, continued *market adoption*, and *bullish sentiment*. *Patience and timing* will be key, and *15* could be achievable in the *right market conditions*. 💎🙌

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According to data from DeFi Llama, the Solana (SOL) network’s total value locked reached a new all-time high of more than $12 billion on Jan. 19. This is the first time Solana’s TVL has crossed the $10 billion threshold since November 2022.
Not only that, Solana’s DEX volume also reached back-to-back all-time highs over the weekend. Solana’s DEX volume reached $28.2 billion on Jan. 18 and $39.2 billion on Jan. 19. On the DEX volume rankings, Solana has taken the top spot, surging by a whopping 320% in the past week.
At the time of writing, Solana’s price has gone down by nearly 8% to $238.47 in the past 24 hours of trading. However, on Jan. 19 the token reached as high as $261.78.
Solana’s TVL surge amounted to over $12 billion, signifying a nearly 50% increase over the last seven days. It first crossed the $10 billion mark on Jan. 18, the day after Donald Trump first launched his official meme coins. On Jan. 19, Solana’s TVL reached a peak of $12.19 billion

Solana’s TVL hits new all-time high on the eve of the Presidential inauguration, January 21, 2025 | Source: DeFi Llama
On Jan. 20, Solana managed to maintain its TVL at the $12 billion mark, before dropping slightly on Jan. 21 to $11 billion. At the time of writing, Solana MEV Jito Foundation leads the charge with the highest TVL, followed by other major protocols including Jupiter, Raydium and Kamino.
Overall, Ethereum still holds the crown at first place with Solana tailing behind in second place. Ethereum’s TVL stands at nearly $65 billion while Solana’s is at $11 billion. However, whereas Solana’s TVL has seen a boost of more than 33% in the past month, Ethereum’s TVL has gone down by nearly 5%.
You might also like: Top 3 reasons why Solana price rally has more room to go
Did TRUMP and MELANIA fuel the Solana surge?
Solana is well-known for being the go-to backing crypto for meme coins, and the Trump family official meme coins are no exception. TRUMP (TRUMP) and MELANIA (MELANIA) are both Solana-based tokens with market caps that have reached billions in a span of only three days after they were launched.
As Solana’s TVL went down, so have the price of TRUMP and MELANIA tokens.
According to data from crypto.news, in the past 24 hours TRUMP has fallen by 26% from $74 to just $37.50. MELANIA suffered a worse fall by nearly two fold; plummeting 47%, from $13 to only $4.48.
Aside from TVL, the influence of presidential meme coins can also be seen in Solana’s DEX volume. As previously reported by crypto.news, Solana’s volume in the decentralized exchange industry also leapt to record highs on Jan. 19, reaching $19.47 billion.
You might also like: TRUMP meme coin pushes Solana DEX volume, SOL price to all-time high
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Hey, crypto fam! 🤑 If you’ve been following my predictions, you know that *XRP* has been on a major ride lately. Remember when we pointed out that *XRP/USDT* could hit *3.8* in this *11-year supercycle*? Well, it’s almost there, and we may have just seen the *end of the bull run* for now! 😱

Let’s dive into the latest analysis and predictions to see what’s going on with *XRP*. ⬇️

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*XRP’s Bull Run – A Quick Recap 🔄*

When we first discussed *XRP*’s potential to reach *3.8*, we pointed to key signals from *Elliott Waves* and *Fibonacci levels*. Now, we’re seeing that the price has come pretty close to those *target areas*! 🚀

Here’s what’s happening on the *weekly time frame*:

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*1. Elliott Wave Structure: Wave 3 in Progress*

XRP is currently in *Wave 3*, and this wave is known for being the most *aggressive* and *bullish* in the Elliott Wave cycle. Typically, *Wave 3* sees prices *break above previous resistance levels*, and *XRP* has done exactly that! We’ve now reached the extended Fibonacci target between *2.61 -3.61*, signaling that this wave might be nearing its peak. 📈

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*2. Time for a Potential Wave 4 Correction? ⏳*
After an intense rally, the market usually experiences a *Wave 4* correction. So, what does this mean for *XRP*? 🤔

- *Wave 4* isn’t typically a *sharp crash* but more of a *slow distribution* phase.
- *XRP* may experience *sideways movement* or a gradual *price pullback* in *2025* as we enter the correction phase.
- Based on the analysis, the *correction target* could bring *XRP* down to *2* (around the *0.38 Fibonacci level*).

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*3. Multilayer AC Strategy Confirms the Pump 🚀*

The *Multilayer AC Strategy* has confirmed that *XRP* had a true pump this time. It’s showing that the momentum was real, and the rally was *supported by strong market signals*. However, as we near the *end of Wave 3*, we can expect the market to slow down and start shifting toward *Wave 4*.

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*4. Predictions for 2025 📅*

Looking forward, we can expect a couple of key things:

- The *correction* should be *gradual*, with a potential price dip to *around2*.
- XRP could see some *sideways trading* in the coming months before finding its next major breakout.
- After the *Wave 4 correction*, *XRP* may move into *Wave 5*, which could take us to even *higher levels* in the future. But for now, let’s focus on the current phase.

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