DOGE currently trades at $0.39, reflecting over a 170% increase in the past month. Although DOGE fell a bit after crossing $0.40, it’s still bullish. Analysts also believe its rally has just started, and Dogecoin’s price could reach $1 shortly. However, if it reaches the $1 psychological level, will it keep rising or fall below the mark?
Dogecoin (DOGE) Price Rallies: Higher Highs Ahead
Dogecoin’s rally looks strong, and despite already gaining over 170% in the past month, analysts believe it’s yet to reach its max. According to popular analyst Alan Santana, this is the first strong bullish month for DOGE since the 2021 bull run. In January 2021, DOGE saw a very strong bullish phase like this one. However, he believes DOGE is yet to be done, and this is simply the beginning of a bullish cycle; Dogecoin’s price will see more explosions. He also claims that Dogecoin just broke out of a three-year consolidation period. This will lead DOGE to a massive rally, but there will be short correction periods in between. Another analyst, Kevin Capital, reiterated this stance in a post on X. He claimed that Dogecoin, the most explosive yet, is still ahead. According to him, if DOGE holds its price level and RSI, it will continue its rally with it going stronger. Yet, another notable trader has resounded this $1 optimism. If DOGE keeps surging per the predictions, it could soon rise to $1. However, it must break past the resistance at $0.43 and $0.49 before surging further. If DOGE touches $1, will it keep rising or see a strong pullback?
DOGE at $1: Will It Hold or Pull Back?
Dogecoin’s current rally can see it reach the $1 psychological mark. However, it’s hard to predict if it will stay strong above $1 or see a retracement, as many factors could work for or against it. The major factors fueling DOGE’s rise are the fear of missing out (FOMO), Elon Musk’s influence, whale activities, and BTC’s surge. If FOMO remains and whales keep buying, it will fuel bullish sentiment. Similarly, Elon Musk’s recent posts have led to a two-digit surge for DOGE. His continuous influence can also spark a frenzy, leading to more gains. Also, BTC will have to maintain its uptrend with the market remaining positive for Dogecoin to stay above $1 and surge further. If these fail, DOGE could lose the support at $1 and fall below, retracting its gains. Investors must remain cautious as DOGE relies on hype and speculation. Thus, it could fall sharply.
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Rexas Finance: A Real-World Value Asset, Not a Speculative Coin
Rexas Finance (RXS) stands out as a cryptocurrency with true value, breaking away from the trend of speculative assets. Unlike meme coins like Dogecoin, which rely heavily on hype, Rexas Finance focuses on tokenizing real-world assets like real estate, commodities, artwork, and collectibles. This unique approach gives everyday investors access to assets that are typically hard to trade because of their high cost. These assets are converted into digital tokens through tokenization, making them available in smaller fractions. Also, Rexas Finance can solve other problems associated with traditional assets. These include accessibility, liquidity, transparency, and fraud. Blockchain technology makes them more liquid and globally accessible and increases security. Rexas Finance’s utility extends to its ecosystem, which features state-of-the-art asset tokenization, trading, and management tools. These include the Rexas Token Builder, which simplifies asset tokenization; Rexas Launchpad, a platform for raising and managing startup fundraising; and Rexas GenAI, which creates high-quality digital artworks.
RXS to $10: Higher Gains Than DOGE
RXS started at just $0.03 in its first presale stage, and now the token has grown quickly to $0.10 in its eighth stage, with an anticipated listing price of $0.20. This means early investors could see a return of up to 566%. Even those joining now can benefit significantly as the project gains momentum. Upon its launch, experts have predicted it could surge explosively, going as high as $10 in 2025. Dogecoin, on the other hand, depends on hype, making it more volatile. Rexas Finance sets itself apart by offering real-world value and a clear roadmap for growth. It recently completed its Certik audit, which has assured investors of the project’s security, leading to the potential for long-term success. Rexas Finance has gained reputation and investors’ confidence after raising more than $17 million during its presale and listings on major tracking sites such as CoinMarketCap and CoinGecko. Three main exchanges will also list the coin once it launches, therefore extending its reach and establishing it as a prominent player in the market.
Conclusion
Dogecoin’s strong rally indicates that it might soon skyrocket to $1. However, factors like whale activities, FOMO, Elon Musk’s influence, the BTC surge, and the general market momentum will determine whether it will stay above $1 or retrace its steps. Meanwhile, Rexas Finance has a stronger potential to book higher gains in 2025 and beyond. RXS’s price will go from $0.03 to $0.20 when it goes live, leading to a 566% gain. Experts also think it will go up to $10 or more in 2025. Rexas Finance is giving away a million dollars right now. Twenty lucky winners will each get fifty thousand dollars, so you can enter to win if you sign up now.
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Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
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