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Dogecoin (DOGE) price traders are eyeing a major price move as the meme coin consolidates within a bullish falling wedge pattern. Analysts predict that a breakout above $0.276 could trigger the liquidation of over $94 million in short positions. This would potentially propel the price toward $0.30. With rising open interest and whale accumulation, DOGE appears primed for heightened market activity. In addition, long-term forecasts from market analysts suggest that Dogecoin could surpass $10 during the next significant market cycle, driven by historical price surges and increasing interest from large holders. Dogecoin Price Falling Wedge Targets $0.30 Breakout The 4-Hour chart of Dogecoin price (DOGE) presents the falling wedge pattern, which is seen to be a reversal pattern. This is where two converging trend lines are formed due to the formation of lower highs and lower lows as the bearish pressure gets weak. At the time of writing, DOGE was at $0.25381, further up, the price was being resisted by the upper trend line. Technical Indicators Show Momentum Building Currently, the Relative Strength Index (RSI) of DOGE is at 46.00. This is most of the time neutral but leans towards oversold. MACD has indicated an improving bull trend with the histogram bar proceeding to the positive side. This means that bearish pressure is declining. Analyst Ali points out that $0.276 is a critical level, with $94 million in short liquidations at risk across major exchanges. If Dogecoin price (DOGE) surpasses this level, it could act as a catalyst for rapid upward movement. This marks a significant shift in market sentiment. Open Interest and Whale Activity Boost Market Confidence Open interest (OI) data shows that users are active in the futures and options market of Dogecoin. The open interest of $1.2 billion shows that traders are opening new positions on different exchanges. It looks slightly up by 1.20% in the last 24 hours. Among the leading derivatives exchanges, Binance has the highest OI at $ 554.9 million. Bybit is at the second position at $395.6 million. This concentration means that most of the actions happen in these platforms. These are the places that can be used to closely track the prices. At the same time, there is concentration of whales which is referred to as the whale accumulation. As per the on-chain data, large investors have purchased 750 million Dogecoin (DOGE) during the low trend. The accumulation by large holders has risen by 5.33% in the last seven days, while the rise in large holder activity within the last 90 days was up 3,722.46%.. Short- and Long-Term Scenarios for Dogecoin Price In the short term, the level that has the most influence on DOGE is located at $0.276. Essentially, the price may rise to $0.30 in the shortest time and more resistance may be found around $0.32-$0.35. Nevertheless, the levels failed to be breached to the upside and this brings about a possibility of a tumble back to $0.25 or even as low as $0.20-$0.22. Long-Term Predictions Analysts are increasingly optimistic about DOGE’s potential in the next major market cycle. Drawing on historical patterns, which saw Dogecoin surge by 21,821% and 54,890% in previous bull markets, some projections suggest that DOGE could surpass $10. Disclaimer The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.

Several analysts are predicting a massive XRP price pump and chart fractals suggest a long-term target as high as $99. XRP wiped out nearly 23% of its value in the past seven days and hovers around $2.42 on Feb. 7, down 3% over the last 24 hours. Meanwhile, multiple spot XRP ETF applications and bullish technicals could see the altcoin rally into double-digits. XRP/USD daily chart. Source: Cointelegraph/TradingView XRP ETFs gain major traction XRP’s upside is supported by applications for XRP exchange-traded funds (ETFs) by leading asset managers, including 21Shares, Bitwise, Canary Capital, and WisdomTree. According to a report by Cointelegraph, the firms have filed for spot XRP ETFs with the US Securities and Exchange Commission (SEC) through the Cboe BZX Exchange. The 19b-4 filings inform the SEC of a proposed rule change and, if approved, would lead to the first XRP ETFs in the country. These filings follow recent XRP ETFs filled by CoinShares and 21Shares, among others.  The filings coincide with a trend toward integrating cryptocurrencies into traditional investment vehicles following the SEC's approval of Bitcoin and Ethereum ETFs. The approval of a spot XRP ETF should improve liquidity as ETFs would provide a regulated pathway for institutional investors to gain exposure without direct crypto ownership. This could increase demand for XRP, increasing its price due to the influx of institutional capital and broader market participation. JPMorgan said last month that it believes spot XRP ETFs could attract between $4 billion to $8 billion in net new assets within the first 12 months of launch, potentially driving its price toward or beyond the $5-$8 range. Hopes for a spot XRP ETF approval emerged after US President Donald Trump assumed office on Jan. 20, with most analysts expecting major regulatory changes that will likely benefit the crypto industry across the board. Analysts see double-digit XRP prices ahead With XRP below $3, analysts say that XRP price could see a trend reversal from the current sell-off with a target of $27 and above. XRP price may see a “1,500% pump” into double digits within four weeks, according to popular market analyst Egrag Crypto. In his latest analysis, he used the Bull Market Support Band (BMSB), a moving average support band that is used to tell whether the market is in a determining whether we’re in a bull run or a bear cycle. XRP price is above the BMSB, suggesting the market is still bullish. This mirrors a 2017 fractal when the XRP price touched the Purple Foundation and nearly hit the BMSB, leading to an incredible 1500% surge in just 4 weeks. This rally targeted the 1.618 Fibonacci extension level from the cycle low. Currently, XRP has dipped to the Purple Foundation of this cycle and made contact with the BMSB, as shown in the chart below. If history repeats itself, the analyst says it may result in 1500% gains over the next four weeks, as in 2017. “The measurement starts from $1.71, and if this prediction holds, it would land around Fib 1.618 at $27!” XRP/USD daily chart. Source: Egrag Crypto Fellow analyst Javon Marks echoes this, saying that XRP’s current technical setup is “shaping up extremely similar to 2017.” Marks explained that in 2017, the price consolidated below its previous all-time high before recovering and breaking out to the second target of the triangle, which at the time was $1.27. If the 2017 scenario is repeated, a breakout could see the price rally toward the second triangle at $99, representing an over 3,900% uptick from current levels. “XRP’s current second target is at $99, over 3,900% away, which is more than 40X from here, and based on past performance, the next wave can be massive towards, eventually leading to not only the meeting of it but also the breaking above” XRP/USD chart. Source: Javon Marks While these are very ambitious targets, other analysts have set more conservative predictions for XRP. Based on Elliott Wave Theory, crypto analyst Dark Defender predicts XRP could hit $5.85 in the short term and $18.22 in the long run. Meanwhile, Credibull Crypto sees XRP dropping between another 30-45% in the coming weeks toward the $1.60-1.30 area, which could act as a strong demand zone, with buyers likely stepping in. $ETH $XRP

Several analysts are predicting a massive XRP price pump and chart fractals suggest a long-term target as high as $99. XRP wiped out nearly 23% of its value in the past seven days and hovers around $2.42 on Feb. 7, down 3% over the last 24 hours. Meanwhile, multiple spot XRP ETF applications and bullish technicals could see the altcoin rally into double-digits. XRP/USD daily chart. Source: Cointelegraph/TradingView XRP ETFs gain major traction XRP’s upside is supported by applications for XRP exchange-traded funds (ETFs) by leading asset managers, including 21Shares, Bitwise, Canary Capital, and WisdomTree. According to a report by Cointelegraph, the firms have filed for spot XRP ETFs with the US Securities and Exchange Commission (SEC) through the Cboe BZX Exchange. The 19b-4 filings inform the SEC of a proposed rule change and, if approved, would lead to the first XRP ETFs in the country. These filings follow recent XRP ETFs filled by CoinShares and 21Shares, among others.  The filings coincide with a trend toward integrating cryptocurrencies into traditional investment vehicles following the SEC's approval of Bitcoin and Ethereum ETFs. The approval of a spot XRP ETF should improve liquidity as ETFs would provide a regulated pathway for institutional investors to gain exposure without direct crypto ownership. This could increase demand for XRP, increasing its price due to the influx of institutional capital and broader market participation. JPMorgan said last month that it believes spot XRP ETFs could attract between $4 billion to $8 billion in net new assets within the first 12 months of launch, potentially driving its price toward or beyond the $5-$8 range. Hopes for a spot XRP ETF approval emerged after US President Donald Trump assumed office on Jan. 20, with most analysts expecting major regulatory changes that will likely benefit the crypto industry across the board. Analysts see double-digit XRP prices ahead With XRP below $3, analysts say that XRP price could see a trend reversal from the current sell-off with a target of $27 and above. XRP price may see a “1,500% pump” into double digits within four weeks, according to popular market analyst Egrag Crypto. In his latest analysis, he used the Bull Market Support Band (BMSB), a moving average support band that is used to tell whether the market is in a determining whether we’re in a bull run or a bear cycle. XRP price is above the BMSB, suggesting the market is still bullish. This mirrors a 2017 fractal when the XRP price touched the Purple Foundation and nearly hit the BMSB, leading to an incredible 1500% surge in just 4 weeks. This rally targeted the 1.618 Fibonacci extension level from the cycle low. Currently, XRP has dipped to the Purple Foundation of this cycle and made contact with the BMSB, as shown in the chart below. If history repeats itself, the analyst says it may result in 1500% gains over the next four weeks, as in 2017. “The measurement starts from $1.71, and if this prediction holds, it would land around Fib 1.618 at $27!” XRP/USD daily chart. Source: Egrag Crypto Fellow analyst Javon Marks echoes this, saying that XRP’s current technical setup is “shaping up extremely similar to 2017.” Marks explained that in 2017, the price consolidated below its previous all-time high before recovering and breaking out to the second target of the triangle, which at the time was $1.27. If the 2017 scenario is repeated, a breakout could see the price rally toward the second triangle at $99, representing an over 3,900% uptick from current levels. “XRP’s current second target is at $99, over 3,900% away, which is more than 40X from here, and based on past performance, the next wave can be massive towards, eventually leading to not only the meeting of it but also the breaking above” XRP/USD chart. Source: Javon Marks While these are very ambitious targets, other analysts have set more conservative predictions for XRP. Based on Elliott Wave Theory, crypto analyst Dark Defender predicts XRP could hit $5.85 in the short term and $18.22 in the long run. Meanwhile, Credibull Crypto sees XRP dropping between another 30-45% in the coming weeks toward the $1.60-1.30 area, which could act as a strong demand zone, with buyers likely stepping in. $ETH $XRP

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Holding a trade refers to the act of maintaining an open position in a financial market, such as stocks, forex, or cryptocurrencies, with the expectation of profiting from future price movements. Here are the general steps to hold a trade: 1. *Enter a trade*: Open a position in the market by buying or selling an asset, such as a stock, currency pair, or cryptocurrency. 2. *Set a stop-loss*: Determine a stop-loss level, which is the price at which you will close the trade if it moves against you. This helps limit potential losses. 3. *Set a take-profit*: Determine a take-profit level, which is the price at which you will close the trade if it moves in your favor. This helps lock in profits. 4. *Monitor the trade*: Continuously monitor the trade's performance, watching for changes in market conditions, news, and technical analysis indicators. 5. *Adjust the stop-loss*: As the trade moves in your favor, you can adjust the stop-loss level to lock in profits and limit potential losses. 6. *Hold the trade*: Continue to hold the trade until it reaches your take-profit level, or until you decide to close it manually. 7. *Close the trade*: Close the trade by selling or buying back the asset, depending on the type of trade you entered. *Types of trade holds*: 1. *Long hold*: Holding a long position, where you expect the price to rise. 2. *Short hold*: Holding a short position, where you expect the price to fall. 3. *Scalping hold*: Holding a trade for a short period, usually minutes or hours, to take advantage of small price movements. 4. *Swing hold*: Holding a trade for a longer period, usually days or weeks, to take advantage of larger price movements. 5. *Position hold*: Holding a trade for an extended period, usually months or years, to take advantage of long-term trends. *Tips for holding a trade*: 1. *Stay disciplined*: Stick to your trading plan and avoid impulsive decisions. 2. *Monitor market conditions*: Stay informed about market news, trends, and analysis. 3. *Adjust your stop-loss*: Regularly adjust your stop-loss level to lock in profits and limit potential losses. 4. *Be patient*: Holding a trade requires patience, as market movements can be unpredictable. 5. *Stay informed*: Continuously educate yourself on trading strategies, market analysis, and risk management techniques. Remember, holding a trade involves risk, and there are no guarantees of success. It's essential to develop a trading plan, set clear goals, and manage risk to achieve success in the markets.$BERA