Price analysis
Dogecoin Price Drops 19% In 24 Hours! But These Coins Can Earn You Profit
Published
1 week agoon
By
admin
Dogecoin (DOGE) investors were in a tough spot over the past few days as the world’s largest meme coin witnessed a major setback. To be precise, the DOGE price today dropped by 19%, making it trade at $0.1316 with a market capitalization of over $19.5 billion. However, there is more meat to the story, as Dogecoin price might just be mimicking a historical trend, which might result in a massive breakout in the coming days.
Dogecoin Price Mirrors 2017 Trend
Trader Tradigrade, a popular crypto analyst, posted a tweet revealing an interesting update. As pe the tweet, DOGE is undergoing its second retest of the Gaussian Channel. A similar pattern was seen back in 2017, after which Dogecoin price skyrocketed.
#Dogecoin is undergoing its second retest of the Gaussian Channel
$Doge is mirroring its 2017 price action with this channel
pic.twitter.com/6OBCTN0efZ
— Trader Tardigrade (@TATrader_Alan) April 6, 2025
Despite the bullish Dogecoin price prediction, it’s only time to tell whether history will repeat itself. Meanwhile, investors can rather turn to these cryptos to earn profits.
Cardano (ADA)
Like Dogecoin price action, Cardano also witnessed a similar price decline of nearly 19% in the last 24 hours. After the latest plummet, ADA price is now sitting at $0.5239. Nonetheless, the chances of ADA making a comeback can’t be ruled out, as the token’s Relative Strength Index (RSI) was about to enter the oversold zone. If that happens, then buying pressure on Cardano might increase, which in turn can push its price up.
Apart from this, a falling wedge pattern appeared on ADA’s price chart and at the time of writing, it was testing the pattern’s support level—a sign of possible recovery. In case of a reversal, Cardano price might first target $0.65. Going forwards, Cardano price forecast suggests a move towards its March high if ADA moves above $0.65.


Cobak Token (CBK)
Though Cobak Token’s market capitalization isn’t as substantial compared to top cryptos, it managed to outperform most of them by a huge margin. At a time when Dogecoin price struggled, CBK’s price surged by a staggering 33% in just the last 24 hours. This performance looks impressive, especially in a bear market.
While CBK’s price increased, its supply on exchanges dropped, and the supply outside of exchanges increased sharply. This clearly suggested that investors were buying Cobak Token in anticipation of a continued price rise going forward.


BNB
Despite following a similar path to that of Dogecoin price action, BNB might just be on the brink of a recovery if one condition is met. The coin’s daily chart revealed that BNB was about to test a crucial support near $530.


In the event of a successful test of the support, BNB can surprise investors with a rebound soon. If that happens, BNB price might first reclaim $636. A breakout above that will allow a continued bull rally in the coming days or weeks. Additionally, Coinglass’ data revealed that BNB’s long/short ratio registered a sharp uptick. This means that there are more long positions in the market than short positions—a sign of a possible price hike.


To Sum Up
Despite the sharp 19% drop in Dogecoin price, historical trends hint at a possible rebound. Meanwhile, altcoins like CBK, ADA, and BNB show promising recovery signals, offering investors alternative opportunities for gains.
Frequently Asked Questions (FAQs)
The Dogecoin price dropped due to market-wide volatility, but may mimic a bullish 2017 pattern.
Cobak Token (CBK) surged 33% in 24 hours, outperforming major cryptos despite the market dip.
Yes, both ADA and BNB show bullish indicators like support tests and oversold RSI levels.
Dipayan Mitra
Dipayan is a full-time journalist and editor working in the Web3 domain. He has over 4 years of experience in the media industry. A graduate in journalism, Dipayan has a keen interest in keeping himself updated with the latest developments in the crypto-space. Technical analysis and assessing market trends is what he specializes in. His work has been featured on popular crypto platforms like AMBCrypto.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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ETH Price
What Next for ETH as Traders Swap $86M into Solana DeFi protocols ?
Published
6 hours agoon
April 16, 2025By
admin
Ethereum price tumbles below $1,600 facing pressure amid $86 million DeFi capital flight to faster, low-cost rivals like Solana.
Capital Rotation Into Solana Spurs Concerns for Ethereum’s DeFi Dominance
Ethereum (ETH) is facing renewed competitive pressure after nearly $87 million in assets migrated from its ecosystem to rival blockchains in the week following former U.S. President Donald Trump’s repeal of a controversial decentralized finance (DeFi) regulation.
On April 10, Trump signed a bill overturning a Biden-era mandate requiring DeFi protocols to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) rules. The reversal was widely interpreted as a win for crypto-native projects, removing a major regulatory overhang that threatened the sector’s permissionless structure.


But for Ethereum — the current hub of DeFi liquidity — the impact has been less than favorable.
According to data from Wormhole, the largest cross-chain bridge on Ethereum, Solana captured the lion’s share of outflows with over $54 million redirected into its ecosystem. Base, Arbitrum, and Avalanche followed, attracting $9.6 million, $5.8 million, and $3.9 million, respectively.
Rapid Transfers from Ethereum Sparks 21% rally for Solana
Notably, the Solana-bound assets were funneled into DeFi protocols such as Jupiter, Kamino, and MarginFi.
Based on the latest data from DefiLlama, Solana TVL has been on a steady rise since Trump’s signing repealed the DeFI law last week.


As seen in the chart above, Solana TVL increased 12% from $6.1 billion on April 9, to hit the $6.9 million mark at press time on Wednesday, April 16. This shows that investors deposited over $800 million into various Solana native Defi protocols over the past week.
With Solana price currently trading at $135, up 21% on the weekly timeframe. Comparatively, Ethereum price is trading below $1,600 mark, with its 8% gain on the weekly candle, reflecting second lowest returns among the top 10 ranked crypto assets.
Looking Ahead:
The DeFi fund flows observed on the Wormhole bridge further reinforce the narrative that Ethereum could be losing market dominance, as deepening regulatory clarity encourages investors to switch towards rival Layer-1 and Layer-2 protocols.
The ongoing migration trend from Ethereum to faster, lower-cost networks. Ethereum still leads in total value locked (TVL), but this week’s data is a clear signal of shifting momentum.
More so, major institutional players venturing into crypto on new themes like Real-world Asset and securities Tokenization are increasingly opting for alternative layer-1 protocols like Hedera, Avalanche, while Solana and Cardano maintain a strong hold on retail dominance.
Solana, which suffered from performance concerns in 2022, has staged a significant turnaround in both uptime and developer activity.
The network processed over 60 million daily transactions this week, far surpassing Ethereum’s 1.1 million, and maintained average fees below $0.01, according to data from Solana Explorer.
Ethereum Price Forecast: ETH Eyes $1,700 Rebound as Momentum Shifts
Ethereum price forecast charts show early signs of a potential rebound after closing at $1,592.60, gaining 0.24% on the day.
The Bollinger Bands are starting to compress, suggesting a volatility squeeze, with the mid-band resistance at $1,695.42 acting as the first upside target. ETH price is currently attempting to reclaim ground within the lower half of the bands, signaling the possibility of a bullish reversal.


The Parabolic SAR dots have flipped below the candlesticks, which is a classic buy signal in trend-following strategies.
This adds further weight to a bullish Ethereum price forecast, especially as the MACD histogram shifts into green territory for the first time in weeks. The MACD line is rising toward the signal line, suggesting bullish momentum may soon dominate.
If ETH clears $1,695, a push toward the upper Bollinger Band at $1,960 becomes plausible. However, failure to maintain current support near $1,430, ETH price risks a retest of $1,397.19, where the SAR last confirmed support.
Frequently Asked Questions (FAQs)
Ethereum faces stiff competition from faster, lower-cost Layer-1s like Solana, especially after $87M in assets migrated post-regulation repeal.
Ethereum still leads in Total Value Locked (TVL), but ongoing migration to Solana and others poses a real competitive threat.
Yes, Ethereum remains foundational for DeFi, but investors should monitor shifting flows and regulatory developments affecting its ecosystem
ibrahim
Crypto analyst covering derivatives markets, macro trends, technical analysis, and DeFi. His works feature in-depth market insights, price forecasts, and institutional-grade research on digital assets.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Pi Coin
How High Would Pi Network Price Go If Pi Coin Adopts Transparency to Avoid Mantra Pitfalls
Published
22 hours agoon
April 16, 2025By
admin
Pi Network price is under heavy selling pressure today, April 16, as the community draws similarities between the project and the recent wrangles around Mantra (OM). The Pi Coin community now believes that the project can only avoid a similar fate by adopting transparency, which would secure listings on major exchanges like Binance and Coinbase. If this happens, how high would the Pi Network token rally?
Pi Network Price Prediction As Community Demands Transparency
Dr Altcoin, one of the most vocal members of the Pi Coin community has demanded that the project adopt transparency to avoid following the same path as Mantra. In an X post, he stated,
“It serves as a HUGE lesson for the Pi Core Team as we transition from the Open Network to the Open Mainnet… One thing is clear about the PTC, they are not transparent.”
Dr Altcoin’s remarks come after another user noted that there have been no major developments in the Pi Network ecosystem since the Pi Open mainnet launch.
This lack of transparency has hindered top exchanges like Binance and Coinbase from listing the token and driving a Pi Network price rally. These exchanges require access to an auditable mainnet to assess factors such as liquidity and decentralization before listing a token.
Additionally, the community has previously expressed concerns about Pi Coin tokenomics. Data from Pi Explorer shows that the top 3 wallets belong to the Pi Coin team, and they hold more than 67 billion PI tokens, which is more than half of the maximum supply of 100 billion.


Therefore, if the Pi Network team can address these concerns and embrace transparency, increased investor confidence may push the price to a new record high of $3. Listings on top exchanges might also accelerate this uptrend and prevent the steep Mantra downtrend.
Pi Network Technical Analysis as Pi Coin Re-Enters Demand Zone
Pi Network price has dropped by 17% today to trade at $0.611 at press time. After this drop, the altcoin has entered a major demand zone, which may lead to the next bullish leg if buyers step in. Looking at past trends, each drop to this level has quickly been followed by a surge in buying volumes.
The volume profile bars further show that Pi Coin has entered a region that has previously been marked by high trading volumes. Traders should watch out for the PoC line at around $0.73, as a move above it will flip the structure to bullish and precede a run past $1.
The RSI also hints at a possible trend reversal after it plunged to an oversold level of 28. The last time that Pi Network was this oversold, the price bounced by 99% within hours. This further supports a bullish Pi Network price prediction.


Considering the community efforts to advocate for transparency, Pi Network price may witness a trend reversal and possibly reach an ATH above $3 if the Pi Coin team heeds the concerns. Moreover, the three-hour chart hints towards a possible reversal in the near term.
Frequently Asked Questions (FAQs)
Pi Network price could rally past the $3 ATH if Pi Coin adopts transparency. Embracing transparency may also lead to listing on top exchanges like Binance and Coinbase.
Pi Coin price can recover after the recent dip with the 3-hour chart showing that it has entered a demand zone. The oversold RSI also hints at a trend reversal.
The recent sell-off in Pi Coin is due to profit-taking after the recent rally that saw PI outperform the broader market. Lack of confidence in the long-term performance may also be driving the downtrend.
muthoni
Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience dissecting blockchain trends, price movements, and market dynamics. With a sharp eye for technical analysis and an in-depth understanding of on-chain metrics, she delivers insightful, data-driven content that helps investors navigate the fast-paced world of digital assets.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Price analysis
5 Biggest Ripple (XRP) Price Predictions for April 2025
Published
1 day agoon
April 15, 2025By
admin
Fifteen days into April, Ripple (XRP) price has endured volaltile swings. Reacting to recent catalysts ranging from RLUSD rollout to wew SEC Chair Paul Atkins’ confirmation—prominent analysts have pegged bold XRP price forecasts between $1.80 and $4.50.
Ripple ( XRP) Predictions for April Diverge Widely as Market Volatility Mounts
In March 2025, Ripple secured a resounding win in its long-running case with the US Securities and Exchange Commission. This positive catalyst prompted many investors, market watchers and prominent cryptocurrency analysts to make audacious price predictions for April 2025.
However, with the month now at the half-way mark, fresh developments in the US trade war and new crypto-friendly SEC chief Paul Atkin’s finally taking office have pulled XRP in different volatility swings. This examines the biggest XRP price prediction for April 2025 have fared so far.
1. Changelly $2.12 support forecast still play
According to Changelly, a widely used crypto exchange known for its algorithmic forecasts, XRP is expected to trade between $2.12 and $4.52 this month, citing increasing volume and strong momentum.
That prediction arrived just days after Ripple price surged 10% in 24 hours to reach $1.99, driven by Bitcoin’s bullish move and a marketwide uptick in sentiment following the Trump administration’s decision to pause tariff hikes on key Chinese imports.
2. RLUSD narrative: Halli Uzzi’s $3 Breakout target remain within touching distance
Other analysts have echoed similar short-term bullishness. Crypto trader Hali_uzzi noted XRP’s fundamentals are strengthening, particularly due to the rollout of Ripple’s new U.S.-dollar stablecoin, RLUSD, and expanding institutional adoption.
The trader estimates a range of $2.50 to $3.00 in April, with the potential to climb toward $15 by May if adoption trends persist.
3. Investorie’s conservative outlook signals consolidation around $2.30
Meanwhile, another analyst posting under the Investorie pseudonym issued a more measured view, forecasting an April trading range between $1.80 and $2.90, with $2.30 labeled as the “realistic” price level.


This aligns closely with XRP’s recent technical structure, which shows support around $1.85 and resistance near the psychological $2.50 mark.
4. Cryptogeek $58,000 hype falters under bearish market sentiment
However, not all predictions have been tethered to market realities. A viral post by CryptoGeekNews citing Forbes projected an astronomical price of $58,000 per XRP—a level that would imply a market cap larger than the entire global money supply. While such extreme targets often capture attention, analysts widely regard them as speculative and not grounded in institutional flows or historical precedent.


Binance was referenced in an earlier post suggesting XRP could hit $600 in 2025, though no direct source was provided, and no mention was made of April-specific targets.
The post, however, speaks to the growing buzz surrounding a potential XRP ETF, which remains a topic of interest among investors betting on Ripple’s regulatory clarity and its real-time fiat settlement use case.
Looking Ahead:
Looking ahead, XRP’s ability to sustain April’s gains will likely depend on macroeconomic stability, crypto market leadership from Bitcoin, and Ripple’s success in onboarding institutions to the RLUSD framework. While triple- or quadruple-digit predictions make for sensational headlines, most expert analysts agree that a realistic target range for XRP this month sits between $2.30 and $4.50, barring any unforeseen catalysts.
- XRP Price Forecast Today: Eyes $2.35 With Bullish Momentum Building Above Key Support
XRP price is showing weakened bullish strength after reclaiming the mid-Bollinger Band level near $2.02,this week. However market volume indicators suggest upside continuation is possible if momentum holds.
Indicators on the 12-hour candle, shows XRP trades at $2.11, sitting comfortably above the Parabolic SAR at $1.83, which flips bullish when price closes above the blue dots. This alignment supports the case for an extended move higher, potentially toward the upper Bollinger Band at $2.27, with an intraday target of $2.35 if volume follows through.


While short-term price action has consolidated sideways, the contraction of the Bollinger Bands hints at an imminent breakout. A close above the March resistance zone near $2.20 could trigger that move. However, the Volume Delta shows persistent net selling over the past 48 hours, indicating weakened conviction behind the rally. A failure to break above $2.27 could invite sellers to retest the $2.02 mid-band and potentially expose the lower support zone at $1.76. Bulls need to maintain momentum or risk bearish reversal pressure creeping back in.
Frequently Asked Questions (FAQs)
Most analysts, including Investorie and Changelly, predict XRP trading between $2.30 and $4.50 this April, citing technical momentum.
No. While viral posts cite massive targets, such predictions lack credible fundamentals and are widely dismissed by serious market analysts.
Factors include Ripple’s SEC case win, RLUSD adoption, crypto-friendly policy shifts, and Bitcoin-led market sentiment.
ibrahim
Crypto analyst covering derivatives markets, macro trends, technical analysis, and DeFi. His works feature in-depth market insights, price forecasts, and institutional-grade research on digital assets.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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