{"id":24701,"date":"2023-11-23T18:32:09","date_gmt":"2023-11-23T18:32:09","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ripple-xrp-and-dogecoin-doge-eyeing-upswings-analyst\/"},"modified":"2023-11-23T18:32:09","modified_gmt":"2023-11-23T18:32:09","slug":"ripple-xrp-and-dogecoin-doge-eyeing-upswings-analyst","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ripple-xrp-and-dogecoin-doge-eyeing-upswings-analyst\/","title":{"rendered":"Ripple (XRP) and Dogecoin (DOGE) eyeing upswings: analyst"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1690278872522-632a3e80-c55b-4247-a34a-a60ef4e194a8-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1690278872522-632a3e80-c55b-4247-a34a-a60ef4e194a8-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1690278872522-632a3e80-c55b-4247-a34a-a60ef4e194a8-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1690278872522-632a3e80-c55b-4247-a34a-a60ef4e194a8-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">Ripple\u2019s XRP looks to be breaking from a descending channel, suggesting further upside momentum.<\/li>\n<li dir=\"ltr\">Dogecoin price is poised amid a notable surge in DOGE transactions.<\/li>\n<li dir=\"ltr\">Both coins traded lower this week as markets reacted to Binance news.<\/li>\n<\/ul>\n<p dir=\"ltr\">The <a href=\"https:\/\/coinjournal.net\/ripple\/\">Ripple token<\/a>, the fifth-largest by market cap with over $33 billion, was trading near $0.61 at the time of writing. Meanwhile, <a href=\"https:\/\/coinjournal.net\/dogecoin\/\">Dogecoin (DOGE)<\/a> has surged to highs of $0.075 and could break higher as on-chain activity swells.<\/p>\n<p dir=\"ltr\">Both XRP and DOGE saw a negative flip this week as cryptocurrencies dumped after news that former Binance CEO Changpeng Zhao was <a href=\"https:\/\/coinjournal.net\/news\/binance-ceo-changpeng-zhao-to-resign-as-part-of-doj-settlement-report\/\">stepping down<\/a>.<\/p>\n<h2 dir=\"ltr\">Analyst shares XRP and DOGE price outlook<\/h2>\n<p dir=\"ltr\">While XRP failed to break the <a href=\"https:\/\/coinjournal.net\/news\/xlm-price-soars-as-stellar-rides-ripples-xrp-wave\/\">psychological barrier at $1<\/a> in July, crypto analyst Ali says a breakout from a descending parallel channel could see XRP\/USD push to the $0.65 \u2013 $0.66 region.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Ripple?src=hash&amp;ref_src=twsrc%5Etfw\">#Ripple<\/a> | <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$XRP<\/a> appears to be breaking out from a descending parallel channel, which may result in an upswing to $0.65 \u2013 $0.66 for <a href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&amp;ref_src=twsrc%5Etfw\">#XRP<\/a>. <a href=\"https:\/\/t.co\/gvfeEMKIDX\">pic.twitter.com\/gvfeEMKIDX<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1727627940207206797?ref_src=twsrc%5Etfw\">November 23, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">Recent lawsuits by the SEC have listed several altcoins as securities \u2013 but not XRP has not been. In as much as there\u2019s a likely battle over a settlement with the SEC in April next year, the previous wins against the regulator has the community buzzing on what next when the case that started in December 2020 finally recedes into the rear mirror.<\/p>\n<p dir=\"ltr\">As for DOGE, the analyst looks at a spike in large transactions amid institutional interest as pointers to a potential price spike.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Dogecoin<\/a> | There&#8217;s a notable surge in <a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOGE<\/a> transactions exceeding $100,000 in the past month, consistently hitting new highs.<\/p>\n<p>This uptick suggests increased interest in <a href=\"https:\/\/twitter.com\/hashtag\/DOGE?src=hash&amp;ref_src=twsrc%5Etfw\">#DOGE<\/a> from institutional players and whales, potentially gearing up for a significant price spike. <a href=\"https:\/\/t.co\/UpxVkfu9hW\">pic.twitter.com\/UpxVkfu9hW<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1727704876829098382?ref_src=twsrc%5Etfw\">November 23, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">The intraday gains stand at 3.5%, while the 24-hour trading volume is currently over $1.1 billion. It\u2019s the fourth biggest volume in the period among non-stables, with Bitcoin, Ethereum and Solana \u2013 which has been flying in the market \u2013 ranking higher.<\/p>\n<p dir=\"ltr\">Dogecoin has seen a 24-hour trading volume of nearly $452 million. While the top meme coin lags some tokens in the $16 billion dog-meme market, its gains over the past month have cut yearly losses to just 5.5%.<\/p>\n<p dir=\"ltr\">Positive moves in the market could see DOGE\/USD break above $0.1 going into next year. However, DOGE bulls have a steep hill to climb if they are to reclaim the all-time high of $0.73 reached in May 2021.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/xrp-and-doge-poised-for-significant-upswings-analyst\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Ripple\u2019s XRP looks to be breaking from a descending channel, suggesting further upside momentum. Dogecoin price is poised amid a notable surge in DOGE transactions. Both coins traded lower this week as markets reacted to Binance news. The Ripple token, the fifth-largest by [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":24702,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24701"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=24701"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24701\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/24702"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=24701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=24701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=24701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}