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 Change Fee (SEC) acknowledged filings from crypto asset supervisor Grayscale to record a spot Dogecoin exchange-traded funds (ETF).

The company is now set to start out reviewing Grayscale’s Kind 19b-4 submitting and determine on the purposes inside the required 240-day deadline.

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

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

— James Seyffart (@JSeyff) February 13, 2025

Dogecoin Worth 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 shaped a key assist zone between $0.296 and $0.32 (highlighted in purple), in keeping with GeckoTerminal. Nonetheless, it failed to carry this assist and broke down, indicating bearish momentum and a shift in market sentiment.

Not too long ago, the value of DOGE discovered short-term assist close to the 200-day Easy Shifting Common (SMA) at roughly $0.2326. The worth 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 Energy Index (RSI) is at 39.81, indicating that the asset is approaching oversold territory. The RSI under 40 usually suggests potential for a reversal, particularly if supported by quantity.

DOGE Worth Prediction

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

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

Because the DOGE worth climbs, traders are speeding to purchase a brand new Bitcoin various referred to as BTC Bull (BTCBULL). 99Bitcoins, a distinguished 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 – Greatest Crypto To Purchase Now?

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

This Bitcoin-themed meme coin has gone viral as a result of BTCBULL is likely one of the first meme initiatives to supply its holders a direct solution to earn precise Bitcoin (BTC).

Each time Bitcoin reaches a brand new worth milestone the BTC Bull Token undertaking will distribute BTC airdrops to its holders. The subsequent worth milestones that can 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 collection of token burns, completely eradicating a portion of the full provide. The goal is to observe in Bitcoin’s footsteps and improve shortage and worth.

Traders enthusiastic about 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 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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