Altcoin
Dogecoin Sees Bullish Crossover in Key Metric Hinting at 180% Run as RCO Finance Prepares for 1,600% Rally in Q4 2024
Dogecoin (DOGE) has recently seen a bullish crossover on the Moving Average Convergence Divergence indicator, meaning the token could gain as high as 180% over the next few months. Meanwhile, RCO Finance (RCOF) is set to gain a massive 1,600% before 2024 ends.
How can crypto enthusiasts benefit from this epic surge? Let’s find out.
Top Analyst Predicts Dogecoin Pump After Bullish Crossover
Dogecoin has seen a bullish cross between the MACD and signal lines on the weekly chart. Based on the reading of the MACD indicator, DOGE could be in for a significant rise.
According to renowned analyst Ali Martinez on X, the previous two times Dogecoin had a MACD bullish crossover on the weekly chart, it rallied 90% and 180%, respectively. One instance was in February 2024, when Dogecoin gained 178% in six weeks, rising to $0.228 after a bullish MACD crossover.
Another bullish metric is Dogecoin reaching 84,306 active addresses, the highest in six months. A positive growth in network activity usually precedes a price increase.
However, Dogecoin has been affected by the ongoing market pullback, losing 12% in the past seven days.
How RCO Finance Will Rally By 1,600%
RCO Finance is a revolutionary financial platform that aims to extend anyone access to the best investment strategies. The protocol relies on artificial intelligence and machine learning to achieve this important goal.
This AI/ML technology is channeled through its AI Robo Advisor, which uses mathematical models to analyze markets and provide fully customized investment strategies tailored to each user’s financial goals, risk tolerance, and market preferences.
Machine learning models digest real-time financial data and generate market forecasts instantly, helping traders anticipate market movements with precision.
Traders are always prepared to capitalize on emerging trends without manually monitoring market activity. It is particularly useful during volatile market conditions, where quick, data-backed decisions can make all the difference.
All these are integrated into the decentralized multi-asset trading platform, which offers over 120,000 assets in 12,500 asset classes. Assets include traditional assets like ETFs, stocks, and bonds, others like cryptocurrencies, and tokenized real-world assets like commodities and real estate.
These options ensure users build diversified portfolios that balance risk and return across multiple asset categories.
Furthermore, RCO Finance offers up to 1000x leverage across multiple asset classes, allowing users to amplify their investments in both traditional and decentralized financial markets. It also offers a competitive advantage to investors seeking to maximize their returns with minimal capital.
RCO Finance’s presale is ongoing, and the RCOF token is sold for $0.0343. By the end of the presale, the token will rise by 1,649%, helping early investors gain significantly. This rise makes RCOF one of the more lucrative presale tokens around.
Importantly, users can trust RCO Finance’s smart contracts because they have been audited by SolidProof, a reputable European audit firm.
Purchase RCOF And Enjoy Huge Profits And Other Perks
RCOF is RCO Finance’s native token, with a total supply of 800 million. The token is sold for $0.0343 in Stage 2 of the ongoing presale. Investors who buy RCOF now will enjoy a 62.7% profit in Stage 3, and a 1,649% profit when it launches at $0.60.
In addition to the upcoming gains, token holders will enjoy significant discounts on trading fees. The more tokens a user holds, the larger the discount they receive on trades, making it financially advantageous to maintain a balance of RCOF tokens.
RCOF holders will also be involved in RCO Finance’s governance structure. They can propose and vote on crucial decisions like platform upgrades, changes to fee structures, and new features.
These attractive presale profits and other exciting perks make RCO Finance an attractive prospect for crypto investors seeking to grow their portfolios in Q4 2024.
For more information about the RCO Finance Presale:
Join The RCO Finance Community
Crypto expert Egrag Crypto has again predicted that the XRP price could rally to as high as $27. The analyst has also revealed the exact timeline for when the altcoin could record this massive price surge.
Expert Reveals Time For XRP Price To Hit $27
In an X post, Egrag Crypto asserted that the XRP price can hit $27 in 60 days. The expert remarked that historical patterns indicate that the altcoin can reach this target within this timeframe.
Based on this price prediction, XRP could reach this $27 target by June, marking a 1,250% gain for Ripple’s native crypto. The expert’s accompanying chart showed that he was alluding to the 2017 bull run as to why the altcoin could record such a parabolic rally.
In 2017, XRP recorded a historic gain of over 60,000% as it rallied to its current all-time high (ATH) of $3.8 the following year. As such, based on history, a 1,250% increase is nothing for the altcoin.
In the meantime, the XRP price still boasts a bearish outlook thanks to the sentiment in the broader crypto market. As CoinGape reported, Ripple’s coin could drop to the next major support levels at $1.79 and $1.56 if it fails to hold above $2.03.
Decision Time For The Altcoin
In an X post, crypto analyst CasiTrades stated that it is decision time for the XRP price. She noted that the altcoin is showing strength with a bounce right back to the first key test at $2.17. She added that this is the resistance level she wants to see flip into support, as it might be the “most important price of the week.”
The analyst stated that XRP must reclaim this level to build momentum. She added that the $2 level remains a valid target if the $2.17 level rejects. Meanwhile, CasiTrades revealed that $2.70, $3.05, and $3.80 are the major resistance zones once the upward trend is confirmed.
The analyst also mentioned that the XRP price is now fully inside the Fibonacci Time Zone 3, which spans most of April. She affirmed that this is the breakout window market participants have been preparing for and that all signs point to a macro wave.
CasiTrades affirmed that the structure is clean. The RSI divergence has confirmed the bottom, while the subwaves are aligning well with the larger targets. If the next leg pushes XRP back above $2.17 with momentum, she claimed that market participants may finally see obvious signs of Wave 3. Interestingly, the analyst added that if the altcoin clears $2.70 this week, it may break the $1,000 price extension.
For now, investors may remain cautious, especially seeing how XRP fell after the PMI and JOLTS data release earlier today. Donald Trump is also set to announce reciprocal tariffs tomorrow, which could spark a massive price crash.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
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.
A recent Binance update has triggered massive liquidations while sending Solana memecoin ACT into a steep correction. At first, pundits blamed market maker Wintermute for the jarring declines but Binance’s update to leverage and margin tiers appears to be the culprit.
Several Altcoins on Binance Suffer Massive Corrections
According to an X post, several altcoins listed on Binance took a major hit, dropping by double-digit percentages. The hardest hit of the lot was Solana memecoin ACT, experiencing a sudden drop of over 50% in 30 minutes.
Other altcoins including DEXE and DF equally recorded steep declines of 23% and 16% respectively in the same window. The price slump left traders scratching their heads but a consensus formed that sizable sell orders were behind the declines.
“The sudden dips were triggered by large sell orders executed in a short time frame, leading to a significant surge in spot trading volume,” said one pundit.
Others turned to market maker Wintermute as the trigger for the selloff. However, Wintermute CEO Evgeny Gaevoy denied responsibility while noting that the market maker reacted “post move.”
The decline comes amid a broader market recovery with several cryptocurrencies including Compound (COMP) gaining 70%.
What Triggered The 50% Decline For Solana Meme Coin
A Binance update on leverage and margin tiers on specific tokens like ACT triggered the massive declines. According to an April 1 announcement, the top exchange has updated the margin tiers of several perpetual contracts, noting that existing positions will be affected.
Following the move, one ACT whale got liquidated for $3.79 million at $0.1877, triggering a broad selloff. Former FTX community manager Benson Sun noted that traders had less than 3 hours to respond to the change, criticizing Binance for the move.
“Before changing the rules, Binance should have evaluated how many positions would be closed,” said Sun. “If there are market makers with large positions, they should have notified them in advance.”
Within hours of MUBARAK’s listing, the memecoin tumbled by 40% with Binance CEO Changpeng Zhao downplaying the impact of a listing on prices. Binance has drawn criticism in recent days following its exclusion of Pi Network from its Vote To List initiative.
Aliyu Pokima
Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.
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.
A crypto market crash looks imminent, with Bitcoin, Ethereum, XRP, and Dogecoin witnessing notable declines. This price crash happened following the release of weak manufacturing PMI and JOLTS data, which provides a bearish outlook for the market.
Crypto Market Crash: BTC, ETH, XRP, & DOGE Decline
CoinMarketCap data shows that a crypto market crash could be on the horizon, with the Bitcoin price sharply dropping below $83,000 from a daily high of around $84,400. Altcoins such as Ethereum, XRP, and DOGE also witnessed sharp declines.
This market crash occurred following the release of weak ISM manufacturing PMI and JOLTS data. The March PMI data dropped to 49, below expectations of 49.5 and lower than the 50 recorded in February.
The US JOLTS job openings for February came in at 7.568 million, below the expected 7.690 million and lower than the 7.762 million recorded in January. These data add to several macro fundamentals that paint a bearish outlook for the market.
This crypto market crash could persist, with China, Japan, and South Korea agreeing to respond to Donald Trump’s proposed tariffs. Trump is set to announce a number of reciprocal tariffs tomorrow, which could significantly harm the market as it sets off a trade war between the US and other nations.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
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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