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In the volatile world of cryptocurrencies, Dogecoin stands out not only for its origins as a memecoin, but also for its astonishing market performance. Since November 4, this leading meme coin by market cap has seen an impressive 155.25% increase. But the big question is: can Dogecoin maintain or even surpass this pace by 2025? Dogecoin Price Prediction 2025 Despite the significant increase, many experts believe that Dogecoin still has room to grow. Cryptocurrency expert Ali has been closely monitoring Dogecoin’s market movements and recently shared insights that are generating great excitement among investors.
Solana Breaks All-Time High on Coinbase, 2 Years After FTX Catastrophe
Solana prices rose 11% on the day, returning to the all-time high last visited three years ago.
Solana breaks all-time high on Coinbase, 2 years after FTX catastropheNEWS Solana finally hit a new all-time high on Nov. 22, two years after the collapse of the FTX exchange that sent prices of the layer-1 blockchain token tumbling. Solana prices $SOL R$ 1,483.34 reached $264.31 on Coinbase on Nov. 22, according to TradingView. The move follows an impressive 11% gain in the past 24 hours.
State pension plans may adopt cryptocurrencies more easily than private plans
Pension funds typically have smaller allocations to alternative assets and high liquidity to mitigate risk, Allie Itami said.
State pension plans have an easier time allocating a portion of their assets to cryptocurrencies than private pension plans, which must adhere to fiduciary regulations under the Employee Retirement Income Security Act of 1974 (ERISA), Allie Itami, an attorney at Lathrop GPM, explained to Cointelegraph. According to Itami, the Employee Benefits Security Administration (EBSA), which enforces ERISA regulations, cited the nascent and volatile nature of cryptocurrencies as the main reason for advising private pension plans against investing in digital assets. Itami explained:
US economic indicators continue to show an inconclusive scenario for the pace of economic activity. This Friday (22) two PMI indicators, or purchasing managers' indexes for November, will be released. The Industrial index, which should indicate 48.8, slightly above the 48.5 recorded in October. And the Services index, which should also register a slight increase, rising to 55.2 from the 55.0 recorded in October. These indicators show the willingness of companies' purchasing managers to consume. Therefore, they work as a good leading indicator: if companies are buying more, it is because they believe that the level of activity will be more intense in the near future.
What does Ethereum (ETH) need to catch up with BTC and SOL?
Ethereum (ETH) is lagging behind other major assets this year in terms of appreciation. Registering a 30% increase since the beginning of the year compared to Bitcoin (BTC)'s 102% and Solana's (SOL) 118% gains. However, recent metrics suggest the cryptocurrency may be gearing up for stronger performance. Accumulation by large investors is gaining momentum again, and key indicators are signaling a possible bullish phase. ETH’s 7-Day MVRV Is at an Important Threshold
Last Tuesday (12) Dogecoin (DOGE) soared and reached US$ 0.4398, marking its highest price in more than three years.
The memecoin inspired by the Shiba Inu dog saw a substantial increase of 143.2% last week, according to data from CoinGecko.
The rally observed after the American elections has increased optimism for speculative assets such as Dogecoin, while traders await a pro-crypto policy scenario.
Elon Musk, generated even more noise previously suggesting that, if appointed by Trump, he could lead a “Department of Government Efficiency” (D.O.G.E) with the ambitious goal of cutting US$ 2 trillion or more from the federal budget. An appointment that was later confirmed.
The challenge for DOGE will be to sustain this optimism in the long term while attracting institutional interest.$DOGE check out this report below!!
Bitcoin (BTC) is currently showing a bullish technical trend on the daily chart, maintaining a bullish pattern supported by several technical indicators and recent events.
Technical Summary
1. Support and Resistance:
BTC recently broke through a critical resistance around $71,473, consolidating above this range. However, the next significant support is at $70,000, which, if lost, could lead to declines to $66,448.
2. Technical Indicators:
RSI (Relative Strength Index): Is at average levels, indicating that the asset is neither overbought nor oversold.
MACD: Shows a bullish trajectory, with the moving averages converging favorably.
CCI (Commodity Channel Index): Is rising, suggesting buying pressure.
Moving averages: Signal strong buying, especially in the 10, 20 and 50 period averages.
3. Volume and Dominance:
BTC's dominance in the market is at 60%, indicating preference by investors, especially in times of uncertainty with altcoins.
4. Fundamental Catalysts:
The growth of inflows into Bitcoin ETFs and macroeconomic factors, such as the US elections, may support new highs. In addition, analysts predict the potential to reach US$ 100,000 by early 2025, with highs expected between US$ 80,000 and US$ 90,000 for November and December.
Conclusion
BTC is technically strong, but still faces psychological barriers around US$ 75,000. It is essential to monitor the next moves with a close eye on the $70,000 support and the behavior of the RSI and trading volume. Strategies that combine technical analysis and macroeconomic factors can provide valuable insights for future investments. $BTC #cripto