Dogecoin Price Climbs 2% As Traders Flock To This BTC ICO

The Dogecoin worth climbed 2% within the final 24 hours to commerce at $0.2661 as of 04:10 a.m. EST on buying and selling quantity that plunged 28% to $1.4 billion.

This uptick within the DOGE worth comes because the US Securities and Alternate Fee (SEC) acknowledged filings from crypto asset supervisor Grayscale to listing a spot Dogecoin exchange-traded funds (ETF).

The company is now set to begin reviewing Grayscale’s Kind 19b-4 submitting and resolve on the functions inside the required 240-day deadline.

NEW: There it’s — The SEC simply acknowledged @Grayscale & @NYSE’s 19b-4 submitting to listing an XRP ETF

(this was principally anticipated however formally means the clock will begin quickly for this and Dogecoin) pic.twitter.com/IQgTqPiiOe

— James Seyffart (@JSeyff) February 13, 2025

Dogecoin Value Evaluation: Potential Reversal Or Additional Draw back?

The DOGE worth is at present in a corrective section after a robust bullish rally that peaked round $0.45. The Dogecoin worth has retraced considerably and is now buying and selling round $0.2661.

DOGE then fashioned a key assist zone between $0.296 and $0.32 (highlighted in purple), in response to GeckoTerminal. Nonetheless, it failed to carry this assist and broke down, indicating bearish momentum and a shift in market sentiment.

Lately, the worth of DOGE discovered short-term assist close to the 200-day Easy Shifting Common (SMA) at roughly $0.2326. The value of Dogecoin is now consolidating simply above this stage, hinting at a possible rebound if patrons regain management.

In the meantime, the 50-day SMA (white line) is at present at $0.3245 and trending downward, indicating short-term bearish sentiment.

The Relative Power Index (RSI) is at 39.81, indicating that the asset is approaching oversold territory. The RSI beneath 40 typically suggests potential for a reversal, particularly if supported by quantity.

DOGE Value Prediction

The DOGE worth is at a essential crossroads, consolidating above a key long-term assist stage. The dying cross and weakened RSI trace at a attainable draw back. If DOGE fails to carry above the 200-day SMA, the worth might drop to $0.20 and even $0.18, marking a deeper retracement earlier than any restoration.

Nonetheless, if the RSI alerts an oversold bounce and quantity helps the transfer, the Dogecoin worth might try a restoration, with a possible goal of $0.38–$0.40.

Because the DOGE worth climbs, buyers are speeding to purchase a brand new Bitcoin various referred to as BTC Bull (BTCBULL). 99Bitcoins, a outstanding YouTube channel with over 725k subscribers, says BTC BULL Token has the potential to soar 10X after launch.

BTC Bull Token ICO Hits $1.3 Million In Much less Than 96 Hours – Finest Crypto To Purchase Now?

After launching lower than 4 days in the past, the mission has achieved a record-breaking $1.3 million increase, illustrating appreciable market attraction.

This Bitcoin-themed meme coin has gone viral as a result of BTCBULL is without doubt one of the first meme initiatives to supply its holders a direct method to earn precise Bitcoin (BTC).

Each time Bitcoin reaches a brand new worth milestone the BTC Bull Token mission will distribute BTC airdrops to its holders. The following worth milestones that may set off airdrops are $150K and $200K. 

The system failed us. So we created a brand new one. BTCBULL is main the cost. 🐂🔥 pic.twitter.com/DSoZ7fPzt8

— BTCBULL_TOKEN (@BTCBULL_TOKEN) February 11, 2025

Along with BTC airdrops, the crew can even perform a sequence of token burns, completely eradicating a portion of the overall provide. The purpose is to comply with in Bitcoin’s footsteps and enhance shortage and worth.

Traders concerned with collaborating within the presale can go to the official BTC Bull web site to purchase BTC BULL Tokens for $0.00236 every utilizing BNB, ETH, USDT, or a financial institution card. Bitcoin Bull token holders may also earn passively by staking the tokens for an annual share yield (APY) of 292%.

Purchase earlier than a worth hike in lower than 2 days to safe one of the best deal.

Purchase BTCBULL Tokens on the official web site right here.

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