The recently concluded US general election, which saw former president Donald Trump return to power, has sparked a crypto market rally. The price of Dogecoin has surged by 84% in the past seven days, hitting $0.30 for the first time since 2021. These moves come as whales continue accumulating the meme coin.
Kaspa is another altcoin that has experienced a massive bullish wave in the past week. The 42% gains in the past 7 days ensured that the Kaspa token established support above $0.13. With the rising Kaspa trading volume, which has seen the crypto hit $560M in daily trading activity, Kaspa could be one of the highest gainers by the time the bull season is over.
Dogecoin Price Set to Surge, Analyst Predicts
Dogecoin has witnessed massive rallies in the past weeks. Having stayed in the consolidation zone for a long time, the recent breakout has seen the price retest the $0.30 mark. However, the meme coin failed in its attempt to establish support in the zone. Technical indicators suggest that the Dogecoin price could witness a short-term correction before resuming its rally.
The RSI is 87, suggesting that Dogecoin is in the overbought zone. However, the meme coin price is above the 50-day and 200-day SMA, an indication the rally is not over. Also, the Dogecoin trading volume remains healthy at around $18.79B in daily trading activity, showing high demand for the token.
If the Dogecoin price is able to establish support above $0.31, it could hit $0.34, $0.37, or $0.40 this week. Ali Martinez, a popular crypto analyst on X, thinks that the Dogecoin crypto is about to go parabolic. Based on the historical pattern, Ali believes the meme coin could top at 1.618 and 2.272, which translates to a price range of $3.95 to $23.26.
Kaspa Price Prediction – Expert Project a Rise to $0.50
Kaspa has been one of the top performers in the past few months. Its bullish momentum in August saw the altcoin set an all-time high price of $0.20 on August 01. Although Kaspa’s price has dropped by 25% from its ATH, the ongoing bullish momentum could push the Kaspa token price towards the $0.20 mark soon.
Already, Kaspa is trading above the $0.13 mark and is preparing to break out of the consolidation zone. Even though the token has yet to list on major exchanges like Binance, the Kaspa trading volume has surged by 57% to $554M in the past 24 hours, a signal of massive demand for the token.
A crypto analyst, SatoshiBroker on X, thinks that Kaspa will hit $0.50 soon, projecting it as the best entry point for the altcoin. Looking at the Kaspa technical analysis on Tradingview, the altcoin is trading above the 50-day and 200-day EMA. Over 20 key market indicators are flashing bullish signals. A surge above $0.20 might push the KAS token to $0.50 in the short term.
Lunex Network Token Projected To Hit $1 in Q4
Lunex Network is a next-gen DeFi crypto exchange built to connect blockchains and allow for the instant buying, selling, and swapping of cryptocurrencies anonymously. Unlike Binance and Coinbase, which have rigorous KYC processes, Lunex Network exchange does not require KYC; all users need to do is input the receiving address and initiate transactions.
Outside of the unique profit-sharing model, the Lunex Network ecosystem has notable tools, such as a mobile exchange that allows users to spot trade over 50k crypto pairs. There is also a DeFi wallet that allows users to buy, sell, and swap cryptos all from one account. Adding to the unique staking model, LNEX could hit $1 before the end of the presale. At $0.0021, now is the best time to buy the token.
You can find more information about Lunex Network (LNEX) here:
Website: Lunex Network
Socials: Link Tree
