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BTC Regains $84K; ETH, XRP, SOL Pump

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The crypto market today (March 15) showcased notable rising trajectories, igniting investor optimism globally. Bitcoin (BTC) price regained a break above $84K intraday, while Ethereum (ETH), Solana (SOL), and XRP prices also pumped considerably. Simultaneously, meme coins witnessed remarkable intraday gains, in sync with today’s broader market trend. Besides, Kaspa (KAS) emerged as the day’s top gainer, leading the market’s price gains.

Crypto Market Today: BTC, ETH, XRP, SOL Prices Pump Sparking Optimism

The global crypto market cap gained nearly 3% in the past 24 hours, reaching $2.75 trillion. Further, liquidations across the sector was down 23% from yesterday, at $160.75 million (Coinglass data). As a result, crypto prices have prevented a downturn, embarking on a rising action as of early Asian hours on Saturday.

BTC Price Taps $85K Sparking Crypto Market Recovery Hope

As of press time, BTC price witnessed gains worth 3% intraday and exchanged hands at $84,433. The flagship coin’s bottom and peak over the day were recorded as $81,771.76 and $85,263.29, respectively. Bitcoin’s market dominance was up by 0.11% over the past day, reaching 60.88%. Overall, the flagship coin appears to be outperforming altcoins this Saturday, recovering after dealing with massive macro heat.

ETH Price Jumps 2%

ETH price gained nearly 2% in the past 24 hours and exchanged hands at $1,919. The coin bottomed and peaked at $1,883.69 and $1,945.09 intraday. Ethereum’s market dominance rested at 8.4% this Saturday, signaling an undermining performance in the alts sector. The second-largest crypto’s trading volume was also down by 35% to $11.58 billion today.

XRP Price Soars

XRP price witnessed a 6% uptick in the past 24 hours and exchanged hands at $2.43. The coin’s intraday low and peak were $2.28 and $2.44, respectively. Ripple’s native coin enjoys a bullish action amid soaring odds of an XRP ETF approval shortly ahead. On the other hand, CoinGape reported that Ripple minted 6.5 million RLUSD, adding a layer of intrigue to the coin’s price movements.

SOL Price Shoots Up 8%

SOL price witnessed a remarkable 8% increase intraday and closed in at $135. The coin hit a low and a high of $124.48 and $135.64 in the past 24 hours. Solana’s trading volume was also up by 15% to $3.17 billion. The coin sees price gains in sync with the broader trend.

Meme Crypto Market Today

Simultaneously, meme coins also witnessed considerable gains this Saturday, further solidifying investor optimism. Dogecoin (DOGE) price gained nearly 2% intraday and exchanged hands at $0.1729. Shiba Inu (SHIB) price soared over 3% intraday to reach $0.00001276. Even Pepe Coin (PEPE) price gushed over 3%, resting at $0.000007133.

Top Crypto Market Gainers Today

Kaspa (KAS)

Price: $0.08113
24-Hour Gains: +14%

Hyperliquid (HYPE)

Price: $14.23
24-Hour Gains: +11%

OKB (OKB)

Price: $46.25
24-Hour Gains: +10%

Top Crypto Market Losers Today

Pi (PI)

Price: $1.47
24-Hour Loss: -10%

Celestia (TIA)

Price: $3.51
24-Hour Loss: -3%

TRON (TRX)

Price: $0.2229
24-Hour Loss: -1%

Overall, traders and investors currently reflect an optimistic sentiment amid prices recovering from previous slumps. On the other hand, VanEck filed for an Avalanche ETF recently, adding to recent pro-crypto advancements across the globe.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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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Dogecoin Price Registers Deviation From Macro Channel, Analyst Sets $6 Target

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Dogecoin has faced continued selling pressure, losing the $0.17 support level in the past 24 hours. This price decline comes amid broader market decline, which has seen the meme coin also struggling to regain momentum. Despite this setback, a new technical analysis from Trader Tardigrade shows that DOGE remains within a historically significant macro channel. If the price holds within this range, it could indicate that the bottom has already formed, setting the stage for a significant breakout in the coming months.

Dogecoin’s Price Action And The Macro Channel

According to a detailed technical analysis of Dogecoin’s price action on the monthly candlestick timeframe, shared on social media platform X by crypto analyst Trader Tardigrade, Dogecoin has maintained a well-defined uptrend macro channel that has shaped its long-term price trajectory since its inception. However, the analyst pointed out that there have been instances where the meme coin briefly deviated above or below the upper and lower boundaries of this macro channel before reverting back inside.

The current price action of steady declines since January has seen DOGE now testing the lower trendline level within this macro structure. The question is now whether Dogecoin can rebound from the lower trendline without a deviation or whether it deviates again and trades below the trendline for a few months.

Dogecoin
Source: Trader Tardigrade on X

As highlighted by Trader Tardigrade, should DOGE remain within the macro channel without breaking below the lower trendline, it would indicate that the cryptocurrency has already reached its bottom. This scenario mirrors a similar pattern observed in 2017, when Dogecoin’s price respected the lower boundary without deviation. This, in turn, caused a strong rebound and sustained uptrend in the months that followed.

However, past price behavior from 2020 suggests that a deviation remains a possibility, meaning DOGE could temporarily fall below this trendline and spend the next few months trading beneath it. At the time of writing, this lower trendline is positioned around $0.15.

DOGE $6 Price Target And How To Get There

Despite the recent weakness in Dogecoin’s buying pressure, Trader Tardigrade is optimistic about Dogecoin’s long-term trajectory. Notably, the analyst projected a possible Dogecoin price surge toward $6. This ambitious price target hinges on the meme coin maintaining its macro structure without deviating and repeating the previous 2017 growth.

At the time of writing, Dogecoin is trading at $0.1687 after slipping below the crucial $0.17 support level in the past 24 hours. The loss of this support has intensified bearish sentiment, and there’s now a better likelihood of further downside movement in the short term. 

Technical indicators suggest that Dogecoin still has room to decline before finding solid footing, and $0.15 is now the next important level to watch. A confluence of factors, including technical indicators such as the Relative Strength Index (RSI), could be pivotal in determining when DOGE might reach oversold levels and bottom out at $0.15.

Dogecoin
DOGE trading at $0.17 on the 1D chart | Source: DOGEUSDT on Tradingview.com

Featured image from Unsplash, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Dogecoin Price Primed for Rally to $6 As DOGE Active Addresses Jump 400%

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Dogecoin price has bounced back from its crucial support levels at $0.16, trading 2.54% up, and moving back to its weekly resistance of $0.175. On-chain data also shows that the DOGE address activity has surged by 400% amid strong investor sentiment. Some market analysts believe that the gates for a parabolic rally in Dogecoin are still open.

Dogecoin Price to See A Parabolic Rally to $6?

Crypto market analysts are hopeful of a Dogecoin price rally all the way to $6 as the bulls take charge, bouncing back from the support of $6. Popular crypto analyst Ali Martinez displays Dogecoin’s price movement on a weekly timeframe from 2015 through early 2025.

Dogecoin Price Primed for Rally to $6 As DOGE Active Addresses Jump 400%Dogecoin Price Primed for Rally to $6 As DOGE Active Addresses Jump 400%
Source: Ali Charts

The technical analysis shows DOGE trading within a long-term logarithmic upward channel defined by parallel trend lines. As we can see from the above image, as long as DOGE holds above the crucial support levels, it can rally further all the way to $6 and beyond.

DOGE Active Addresses Surge 400%

Citing on-chain data from Santiment, crypto analyst Ali Martinez highlighted a major spike in Dogecoin (DOGE) network activity. According to the report, active Dogecoin addresses have surged by 400%, reaching nearly 395,000. This significant uptick in activity underscores growing interest in the popular meme coin.

Source: Ali Charts

Furthermore, analyst Ali Martinez also pointed out the Stochastic RSI crossover for the Dogecoin price, referring to it as the starting point of the new bullish phase. A bullish crossover in the Stochastic RSI on Dogecoin’s weekly chart could signal a potential sharp rally, based on historical trends. Previous instances of this crossover have led to significant price surges, with gains of 88%, 187%, and even 444%.

Dogecoin Price Primed for Rally to $6 As DOGE Active Addresses Jump 400%Dogecoin Price Primed for Rally to $6 As DOGE Active Addresses Jump 400%
Source: Ali Charts

Short Term Target for DOGE

While the expectations of a parabolic Dogecoin price rally to $6 could be far-fetched for now, it is still aiming for 200-300% gains from here onwards. Prominent crypto analyst Marzell has highlighted a critical support level for Dogecoin (DOGE) in recent technical analysis. According to the analyst, maintaining the $0.14750 level is crucial for a bullish breakout scenario.

Furthermore, the analyst added that DOGE is showing promising signs of a breakout from its current falling wedge pattern. If the support holds firm, the analyst predicts a strong rally, potentially pushing DOGE prices toward the $0.46 to $0.65 range.

Source: Marzell

An increase in the DOGE user engagement could provide the meme coin the necessary momentum needed to overcome resistance levels and initiate a bullish trend.

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Bhushan Akolkar

Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.

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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Shiba Inu Price Jumps Amid Massive 535M SHIB Token Burn, 20% Gains Ahead?

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Shiba Inu price garnered significant investor attention on Saturday, surging against the backdrop of a weekly SHIB burn saga. The latest burn metrics by the coin’s community indicated a staggering 535 million tokens destroyed in the past 7 days. As an upshot, traders and investors eye looming price gains, whilst a renowned market analyst further highlights the potential for a 22% rally soon.

Shiba Inu Price Bullish As 535M Tokens Burnt Weekly

SHIB coin’s price today gained over 2% intraday and closed in at $0.00001276. The meme coin bottomed and peaked at $0.00001244 and $0.0000129, respectively. For context, the rising price trajectory aligns with the massive blow to the supply brought by a phenomenal weekly burn chronicle.

According to the data from Shibburn on X, 535.85 million SHIB tokens were burnt over the past seven days, resulting in a 415% upswing in the weekly burn rate. With this massive burn weighing in, a staggering 410.49 trillion coins have been burnt to date in total.

For context, the burn mechanism deals a massive blow to the meme coin’s market supply by sending tokens to a null address. Therefore, crypto market traders and investors anticipate a bolstered effect on Shiba Inu price amid reduced supply, mirroring the law of supply and demand.

Intraday Burn

Meanwhile, the intraday burn data indicated that 5.11 million coins were destroyed in the past 24 hours. The constant burns further fuel market optimism surrounding the crypto’s long-term price prospects.

Notably, a total of 999.99 trillion SHIB tokens were created, of which roughly 410 trillion have been destroyed to date. Yet, market watchers eagerly await phenomenal returns as the current bull cycle halted amid macro heat.

Can SHIB Price Gain 22%?

Nevertheless, with the broader crypto market showing a recovery trend this weekend, investors remain optimistic about future movements. As mentioned above, Shiba Inu’s price entered the green zone leveraging its burn rate surge today.

In the midst of this optimism, a crypto market analyst took to X, revealing crucial price statistics. As per analyst ‘Rose Premium Signals,’ SHIB recently challenged the upper resistance of a falling wedge pattern on the 4H chart, marking a crucial move.

Shiba Inu priceShiba Inu price
Source: Rose Premium Signals, X

In the wake of this trajectory, if the price manages to break out above the MA 50, a bullish momentum can be confirmed. The analyst spotlights the next price targets at $0.00001375, $0.00001485, and $0.00001565, which is up nearly 22% from the current level.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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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