Kategorie: Crypto Analysis

Key takeaways

• DOGE is up 5% in the last 24 hours and could surge to the $0.40 resistance level soon.
• iDEGEN’s presale approaches $16.5m.

DOGE hits $0.36

DOGE, the native coin of the Dogecoin ecosystem, is one of the best performers among the top 10 cryptocurrencies in the last 24 hours. The coin is up 5% as the broader market rebounds.

At press time, the price of Dogecoin stands at $0.3614 and could rally higher in the near term. Following the liquidity clearance of around $0.308 earlier this week, DOGE had renounced excellently and could target external liquidity above $0.40 soon. If the market conditions persist, DOGE could test the resistance level at $0.40070 in the coming days. 

What is iDEGEN?

The crypto market has recovered excellently following Monday’s dip. With Bitcoin and other major altcoins rallying, the total crypto market has recently increased.

Funding into new projects hasn’t halted as iDEGEN and other promising projects continue to attract investors. 

iDEGEN is an exciting project that merges the AI and memecoin ecosystems, ensuring investors take advantage of both. In their whitepaper, the team explained that iDEGEN is a meme project that leverages the benefits of AI to create the next billion-dollar memecoin. 

As an AI tool, iDEGEN learns, evolves, and adapts by leveraging community feeds on X. While iDEGEN is powered by AI, degens ultimately raise the tool. 

$IDGN will be a memecoin with exciting utility to the community. The team will launch its native token as a memecoin thanks to the massive adoption of this narrative in recent years. In 2024, the memecoin space grew from a $20 billion market cap to $120 billion, representing a 500% growth within 12 months. It is the second-best performing narrative in the crypto space, only behind AI. 

With iDEGEN combining the two strongest narratives (AI and meme) in the crypto ecosystem, it could become one of the best performers in 2025 once it launches on exchanges in February. 

The iDEGEN tool has a simple working mechanism. Users feed the tool their data through tweets, tags, and comments. It absorbs the post and adds it to its knowledge base; that’s how it learns. Furthermore, the tool posts on X every 60 minutes and can generate and post memes. 

Learn more about the iDEGEN project here.

iDEGEN’s presale to end in February, team raises over $16 million

The iDEGEN presale is approaching $16.5 million fast, with over 1.4 billion $IDGNE tokens sold. Currently, $IDGN is going for $0.01, with the price set to increase to $0.011 in the next stage. In the last presale stage, $IDGN will go for $0.038, giving early investors a massive ROI before the token launches on exchanges. 

According to the iDEGEN team, the presale will last 41 more days before the token launches on centralised and decentralised exchanges. $IDGN currently has over 19,000 holders with an accumulated 8,991% return on investments. 

Why invest in the iDEGEN presale today?

Investors are excited about the incoming Trump administration, which could result in another Bull cycle. Last year, memecoins and AI tokens outperformed other narratives, and this could repeat itself this year.

iDEGEN is one of the projects combining these narratives. The project is still in its presale, which means investors can purchase the tokens at possible discount prices before $IDGN lists on exchanges. 

$IDGN will list on February 27, once the presale is over, and could deliver excellent gains to early investors thanks to its AI and memecoin combination.

The post Dogecoin eyes the $0.40 resistance level as market rebounds appeared first on CoinJournal.

• Cryptos trended lower last week, driven largely by risk-off sentiments on newly released Fed meeting notes and economic data.
• The Fed expressed caution around inflation, especially as Trump’s policies will kick in after his inauguration on Jan. 20.
• Meanwhile, spot crypto ETFs logged outflows from Wednesday, Jan. 8.

Bitcoin

Bitcoin’s price logged a negative week falling from a high of $102,733 to a low of $91,188 before eventually closing at $94,547.

Technical analysis shows a break above the last lower high and a push back down into the H4 demand zone, which means that although the price took a bearish turn, it is still in overall bullish territory.

Much of this bearish sentiment is driven by bleak economic expectations. The Fed meeting minutes, released on Jan. 8, showed that the reserve bank is cautious about inflation it expects will follow Trump’s policies.

As such, the likelihood of continued rate cuts has dwindled, with some analysts seeing an end to cuts early this year. The market’s reaction reflects this updated risk-off sentiment.

Bitcoin’s open interest chart shows a decline in open contracts between Wednesday and now. Open interest hit a weekly high on Tuesday at $18.16Bn on the CME, fell to a low on Thursday ($16.55Bn), and mellowed out the rest of the week.

Meanwhile, spot Bitcoin ETFs logged outflows after the release of the Fed’s meeting minutes on Wednesday. Outflows totalled $718.20Mn while inflows totalled $1.03Bn.

Outlook

Bitcoin’s price currently hovers around the bottom of the demand zone. If it breaks below, price could be pushed down to $85,100 where a fair value gap could act as support.

BTC trades at $91,622 as of publishing.

Ethereum

Ethereum’s price also logged a negative week, falling from a high of $3,744 to a low of $3,157 before closing at $3,236. ETH price action tested March 2024’s high of $4,089  in early Dec 2024 but failed to break above and has been logging lower lows since.

Open interest dropped from a Jan. 7 high of $3.50Bn and continued to decline until it was $2.63Bn as of this publication.

Meanwhile, Ethereum spot ETFs logged a weekly net outflow of $186.00Mn following risk-off sentiments in the market.

Outlook

As Ethereum’s price continues to trend lower, the next technical level that could provide support is the fair value gap at the $2,893 price level.

ETH trades at $3,071 as of publishing.

Solana

Solana’s price fell from a weekly high of $223 to a weekly low of $181 before eventually closing at $188, logging a total loss of 12.53%. SOL continues to trend lower after failing to close above its all-time high of $260.

Open interest data shows a steep fall from $1.89Bn on Binance on Jan. 7 to $1.58Bn on Jan. 10. As of this publication, OI levels have improved to $1.63Bn.

Outlook

The next technical support zone is at the $164 price level. However, although the order block is a support, it is a poor low that could be taken out even if price reverses from that zone.

SOL trades at $176 as of publishing.

Ripple

Ripple’s price fared better last week, closing higher at $2.55 from $2.38 at the start of the week as price continued to log higher highs. Zooming out, the price continues to range between $1.90 and $2.90 as the market cools.

Open interest rose on Bitget, the exchange with the highest XRP derivative trading volume, over the last week, supporting upward price movement as positive news around Ripple’s case with the SEC boosted sentiments.

Outlook

Ripple’s price is buoyed by news around the SEC’s lawsuit against its parent company, a case which could be thrown out with the outgoing administration.

However, technical analysis shows that XRP trades at a premium and a pullback is expected. The most likely levels are the fair value gap at $1.75 and the order block at $1.46.

XRP trades at $2.37 as of publishing.

The post Weekly Price Analysis: Prices Decline on Risk-Off Sentiments appeared first on CoinJournal.

A $0.175 presale coin, Rexas Finance (RXS), is attracting much interest in the crypto scene. A growing number of analysts think it might copy or even outperform Ethereum’s (ETH) past bull run. During that remarkable rise, Ethereum jumped from about $10 to over $700, providing outstanding returns and confirming its position as among the most revolutionary initiatives in blockchain history. Early investors would see transforming results if Rexas Finance reached even a quarter of this performance.

Ethereum’s Historic Bull Run: A Gold Standard for Success

Ethereum surpassing and putting to shame standards in the crypto space was a revolution in the construction of that space. The entry of dApps and smart contracts was especially significant. This year ETH has seen accelerated growth in its market capitalization to the level of $70 billion from a mere $700 million a year ago.

Early Ethereum users profited roughly 7,000% after the platform switched its blockchain architecture. The success of Ethereum established a basis for many blockchain initiatives and continues to be a standard for what is achievable in the cryptocurrency field. With its original DeFi and blockchain invention method, Rexas Finance now seeks to replicate that degree of success.

Rexas Finance (RXS): The Token That Could Surpass Ethereum’s Legendary 2017 Bull Run

Rexas Finance is a decentralized finance (DeFi) ecosystem meant to transform sectors like real estate through blockchain tokenization, not just tokenization. Rexas Finance provides institutions and private investors with flawless transactions that appeal to security, efficiency, and openness. With its presale in stage 11 and tokens valued at $0.175, the initiative is rapidly gathering momentum. Rexas Finance has sold over 392.2 million tokens and raised more than $35.2 million thus far. This achievement emphasizes how ready the market is for creative and helpful blockchain solutions.

The hype around Rexas Finance comes from its ability to cause a historic price explosion. Analysts estimate RXS might reach $20, an 11,400% rise from its existing presale price. Market dynamics that enable creative blockchain ventures help justify this optimistic view. The growing acceptance of decentralized finance and Rexas Finance’s emphasis on practical uses like real estate tokenizing set the basis for rapid expansion. Once RXS lists on significant exchanges, limited tokens available and growing demand at every presale stage could help achieve notable appreciation.

The narrative of Ethereum teaches investors essential things. Early adopters who saw its promise before the 2017 gathering guaranteed significant gains since the platform transformed blockchain technology. Likewise, Rexas Finance allows investors to engage in creative initiatives early on. The similarities between Ethereum’s path and Rexas Finance’s present direction underline the need to move early to seize chances for significant growth.

Participating in the RXS presale is an easy way for early investors to buy tokens at a reasonable price before they appreciate much more. First, visit the official Rexas Finance website to ensure a safe transaction. Then, link the platform to your cryptocurrency wallet—perhaps MetaMask or Trust Wallet. Purchase RXS tokens with compatible cryptocurrencies like Ethereum (ETH) or USDT. After finishing the transaction, safely save your tokens in your wallet. This early-stage opportunity allows investors to profit from the predicted token increase during and after the presale.

Early investors in businesses with strong foundations and growth potential in the cryptocurrency market are rewarded. Rexas Finance offers a rare opportunity to enter for a presale price of $0.175, fitting this profile. Targeting a $20 price, there is an obvious possibility for exponential gains. Early involvement guarantees a lower price and lets investors profit from potential price swings during the following presale events and the exchange listing. Acting now helps investors take advantage of one of the most exciting prospects in the cryptocurrency sector.

Conclusion

Rexas Finance (RXS) is a revolutionary change in the world of cryptocurrencies. The project’s innovative approach to DeFi and tokenizing real estate has already made it a massive hit during its presale. Compared to Ethereum’s famous bull run in 2017, Rexas Finance has the potential for huge returns. Analysts think its price will rise to $20 from its present level of $0.175. The early buyers will make a lot of money from this chance. You can immediately get your tokens at a reasonable price if you act quickly. Join the trip toward what could be the next big cryptocurrency success story.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

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