Titel: Dogecoin Koers Breakout Voorziet 34% Stijging Na Bullish Signaal

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As a crypto investor, I’ve noticed that Dogecoin, along with the rest of the cryptocurrency market, has experienced a tumultuous period recently. Due to disappointing economic news over the past three weeks, the price fluctuated around €0.30. Fortunately, it seems like things are starting to turn around. Yesterday, positive economic news emerged from the United States. At the same time, traders appear to be catching bullish signals based on technical analysis.

Macro-economische factoren

Economic factors have negatively influenced the Dogecoin price over the past few weeks. One factor contributing to this was the unexpected delay in interest rate cuts by the U.S. Federal Reserve. Additionally, a report released last week showed that the job market in the United States might be stronger than anticipated at the moment. This could lead to inflation, which is generally unfavorable for the cryptocurrency market.

Yesterday was quite an exciting day. However, when the Core Price-Index (CPI) figures were released, they turned out to be better than expected. The CPI is a statistic used in the United States to measure inflation. Analysts had anticipated that this figure compared to last year would come out at 3%. However, it was actually 2.9%. A small difference, but economically significant.

The brief rally observed yesterday from €0.34 to €0.37 was directly caused by. If inflation continues to drop in the coming months, interest rate cuts will quickly follow. This, of course, is extremely bullish for the crypto market and the Dogecoin price.

Technische analyse van de Dogecoin koers

Apart from favorable macroeconomic factors, traders are also noticing promising technical indicators at the moment. Yesterday, crypto analyst “CobraVanguard” shared his analysis on TradingView regarding a 4-hour timeframe. As you can see below, it involves an ascending triangle and a cup & handle pattern. Both signals are well-known in the realm of technical analysis as strong bullish indicators.

Further, it appears bullish that the price has tested the rising lower bound a few times but hasn’t broken through yet.

According to this analyst, it is expected that Dogecoin will fully complete the cup & handle pattern. Afterward, the Dogecoin price may likely break through the €0.40 level and rise to around €0.47.

Welke coins staan op een breakout?

The fact that inflation in the U.S. is returning to its target level of 2% is a very positive sign for some investors. But when it comes to profiting from this trend, they might find more potential in the dynamic and volatile crypto market, where Dogecoin’s projected growth pales in comparison.

As a crypto analyst, I’d advise keeping an eye on the world of crypto presales, as these are where you can find the most promising new coins that aren’t yet available on decentralized exchanges. By jumping in early and selecting the right coin, you could potentially see returns that range from hundreds to thousands of percent. Here then, are the three hottest presales at present!

Wall Street Pepe

One of the first coins we’ll discuss is Wall Street Pepe, or $WEPE as it’s also known. This coin has been breaking records, with its presale almost reaching €50 million! But why should a trader invest in this coin? Because at $WEPE they are doing everything to make you rich!

Developers of this coin, in particular, dislike crypto whales and insiders who usually make off with the cryptocurrency profits. Therefore, they’ve devised a way for small traders to benefit from their work. As an early adopter of $WEPE, you’ll gain access to an exclusive community.

In this community, developers will inform you precisely when you should buy $WEPE. They then promote the coin to the outside world, causing the price to rise because crypto whales and insiders are buying. This is the moment to sell the coin at a profit while big traders continue to lose money! If you want to join this cunning group, the presale is your opportunity!

Nu naar Wall Street Pepe

Mind Of Pepe

Over the past year, the advancements made by AI have been monumental. However, its impact on the crypto world hasn’t been as life-changing as anticipated. Fortunately, Mind Of Pepe is set to bring change! This AI-bot is omniscient, meaning it’s always up-to-date with the latest trends in the crypto sphere.

How does $MIND play a role in the crypto world? Because the AI-bot has access to its own X-account and is in constant conversation with crypto influencers and traders 24/7. Using these insights, the bot can spot cryptotrends before human traders do. Therefore, you will have the first insight into the latest trends, allowing you to quickly jump on them and potentially earn a lot of money.

Beyond that, this advanced AI-bot can also create its own coins that follow popular trends. As a $MIND trader, you’ll be among the first to invest in these new coins. Later, you sell them when slower traders spot the trends that you were already aware of! So with this AI-bot, you essentially have a market researcher and a crypto developer all in one.

Nu naar Mind Of Pepe

Meme Index

Are you aware that meme coins saw the highest growth among all coins last year? At the beginning of 2024, the meme coin market had a capitalization of €18 billion. A year later and the size of this market has grown to €115 billion! This means that as a trader, there is likely much profit to be made in this sector this year as well.

How do I find out which meme coins to invest in? It’s often just a few coins that perform well. Meme Index understands this challenge and have come up with a smarter solution – they don’t make you choose at all! Instead, they’ve developed indexes where you can invest in a bag of meme coins in one go.

If you buy $MEMEX, you’ll then choose one of the four indices associated with it. For instance, Titan contains coins like $PEPE, $SHIB, and $DOGE. If these coins perform well, your investment will also do well. However, if a coin performs poorly, the risk to your investment is spread out, so you’ll benefit optimally from the growth of the meme coin market without having sleepless nights!

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2025-01-16 17:39