Rest – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sat, 23 Aug 2025 13:46:33 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.9 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Rest – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 South Park is doing what the rest of the media won’t https://earlybirdsinvest.com/south-park-is-doing-what-the-rest-of-the-media-wont/ https://earlybirdsinvest.com/south-park-is-doing-what-the-rest-of-the-media-wont/#respond Sat, 23 Aug 2025 13:46:32 +0000 https://earlybirdsinvest.com/south-park-is-doing-what-the-rest-of-the-media-wont/

South Park is back, and the show’s creators are going full force on their jabs at the Trump administration. Three episodes in, the show’s world-building centers fully around President Donald Trump and the colorful characters in his administration, with scathing parodies of figures like Homeland Security Secretary Kristi Noem and Vice President JD Vance.

While Matt Stone and Trey Parker are known for directing crude jokes at Democrats and Republicans alike, South Park’s latest season is already hitting record ratings with an especially unrestrained critique of the Trump administration. Since the new season launched, White House spokesperson Taylor Rogers has tried to dismiss the jabs, saying that South Park “hasn’t been relevant for over 20 years and is hanging on by a thread with uninspired ideas in a desperate attempt for attention.”

South Park’s latest season is launching in the context of interesting times for Comedy Central’s parent company, Paramount Pictures. Paramount has been under intense scrutiny from the Trump administration after settling a lawsuit with the Trump administration over their news magazine show 60 Minutes. Since then, the Trump administration oversaw Paramount’s deal with Skydance, which requires CBS to hire an ombudsman to root out “bias” at the network.

Today, Explained co-host Sean Rameswaram spoke with Brian Stelter, chief media analyst at CNN, about how South Park’s latest season is taking aim at the Trump administration, and how the show’s creators are navigating the context of their parent company seemingly buckling under the Trump administration’s scrutiny.

Below is an excerpt of their conversation, edited for length and clarity. There’s much more in the full podcast, so listen to Today, Explained wherever you get podcasts, including Apple Podcasts, Pandora, and Spotify.

Are you now, or have you ever been, a fan of South Park?

I would call myself a passive South Park fan. If I saw it on Comedy Central, I would enjoy it. But now, in the past month, I am an active fan. I’m seeking out new episodes.This show has defied the odds. It’s almost 30 years old and suddenly more relevant than ever.

How did it defy the odds?

By speaking truth to the ultimate power right now. You know, the creators of South Park have always hated bullies, and they seem to believe Trump is the biggest bully of them all. The very premise of the first episode of this new season is about Trump targeting the media.The character Eric Cartman is angry that NPR has been forced off the air. From the very first seconds of the new season, you know that this show has something to say.

You also see how South Park Elementary is being transformed due to Trump’s actions. This is a dramatic exaggeration of what’s happening in real life, but it is true. When Trump is introduced in the show, you see him fighting with the Prime Minister of Canada over tariffs. But most memorably you see him getting in bed with Satan.

I’m gonna use some words I don’t typically use on the show right now to describe that particular scene, because Trump derobes. Before you even see who he is about to get into bed with, we see that he has a micro penis. How do they follow that up?

The most ruthless jokes in the second episode were about Kristi Noem. They were about that old scandal involving her shooting a dog on her farm. You saw her over and over again in this episode shooting at dogs. This episode was really personal in the way it targeted Noem, showing her face maybe falling apart, pushing this idea that she was overusing Botox or other face fillers. Also, there’s the idea that she cares so much about photo ops and PR, she’s always out there dressing up in various outfits, posing for photos and videos. And as always, there are elements of truth to these critiques or satires.

It is true that Noem has tried really hard to be front and center, very visible, playing to the cameras, going out on tours, appearing in the field, showing that she’s doing the work, so to speak.

Noem did not take this episode in stride. She said, “It’s so lazy to make fun of women and how they look.” For Noem, this was personal, this was ugly. And she wanted to be on the record about it.

Is this the first time this show has gone after Donald Trump and his administration?

No, but it is by far the most direct, the most vicious. Back during Trump’s first term in office, there was this storyline where one of the teachers at the school, Mr. Garrison, was becoming president and over time acting more and more Trump-like. This served as a way for the creators of South Park to ridicule Trump and to speak out about some of his behaviors and conduct in the first term. But this was not nearly as direct or aggressive as what we’re seeing now.

I guess it’s not that big a surprise that South Park would go after Donald Trump when he is Donald Trumping harder than he is ever Donald Trumped before.
Yes.
But they’re not even sparing their parent company in these new episodes, right?

Matt and Trey are like a lot of creators in that they love to poke fun at the parent company when they can. The timing of this new season has been really extraordinary because Paramount was in the final days of this protracted, politically tortured merger approval process when the new season premiered.

So you literally had this anti-Trump episode, sticking it to the administration, putting the president in bed with Satan, airing on cable at the same time that the administration is having to review and approve this merger.

The second episode of the season aired on a Wednesday, and then on a Thursday the new Paramount took shape. The merged company, Paramount and Skydance, came together. There was this big formal press conference on Thursday around lunchtime in New York City and the new CEO David Ellison took questions from media reporters about his grand hopes and dreams about this new company.

I said to him, “So what about this South Park problem? You know, what are you gonna do about this problem? Do you view it as a problem?” Ellison’s response was really telling. He started out by saying he’s a huge fan of the show. He’s been a fan of South Park for his entire adult life. He’s 42, and he then went on to praise Matt and Trey as being really unique, talented creators. And he said to me, they are equal opportunity offenders, and they always have been.

So I think Ellison was saying: They’re not just targeting Trump because they’re a bunch of lefties who wanna attack the Republicans. They have always called out people on the left and on the right. They’re equal opportunity offenders. I think he was trying to differentiate South Park from late night shows like The Late Show With Stephen Colbert, which was recently canceled. I think he was trying to say, these two creators are special. They are one of a kind, and they’re gonna be protected by Paramount.

Obviously the other context here is the new owners of Paramount had just struck a five-year deal to exclusively stream South Park on the Paramount Plus streaming service. This five-year deal is worth well over a billion dollars. For the creators of South Park and for their production company, this is a huge vote of confidence in South Park as a tent pole of the future of Paramount. The whole idea makes a lot of sense when you think about it. South Park has a library of 325 episodes going back to the 1990s. This is a really valuable library in the streaming era, because people like to go back and watch episodes from 10 or 20 years ago. These episodes have a really long shelf life. That’s why Paramount was willing to fork over so much cash.

I think this might be where some people get confused, because you’ve got everyone from Brown University to Meta to CBS and Paramount settling with the president, making donations to the president’s inaugural committee. And then you’ve got Trey Parker and Matt Stone, who work for CBS or do business with Paramount Plus, not only going for the president, not only making fun of his administration, his own manhood, but making literally a billion dollars while doing it. How are they able to get away with something that seemingly no one else is right now?

This might be a case of business actually trumping politics. For the Paramount Plus streaming service, loud franchises like South Park are crucial. They’re more important now than they were 10 years ago, and they might even be more important 10 years from now.

They are the foundation of the house that David Ellison’s trying to build. and he can’t compromise. The difference here between South Park and Stephen Colbert is that The Late Show was losing money. So, yeah, Stephen Colbert is a staunch critic of President Trump, one of the loudest Trump critics on TV. He’s been canceled. A lot of his fans worry it’s for political reasons. CBS says it’s purely for financial reasons, and in a way, South Park actually affirms the CBS claim.

Paramount keeps putting out press releases touting how well South Park is doing. The show is beating some of its very old records on cable. But more importantly, if you add up the cable audience and the streaming audience, you’re seeing 5, 6, 7 million viewers tuning in for these new episodes. Those are the kinds of numbers that almost any creator would kill for, certainly creators of animated comedies.

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The west has on-ramps, the rest gave drop-offs: what’s really pushing global crypto adoption https://earlybirdsinvest.com/the-west-has-on-ramps-the-rest-gave-drop-offs-whats-really-pushing-global-crypto-adoption/ https://earlybirdsinvest.com/the-west-has-on-ramps-the-rest-gave-drop-offs-whats-really-pushing-global-crypto-adoption/#respond Sun, 17 Aug 2025 09:04:49 +0000 https://earlybirdsinvest.com/the-west-has-on-ramps-the-rest-gave-drop-offs-whats-really-pushing-global-crypto-adoption/

The following is a guest post and opinion from Konstantins Vasilenko, Co-Founder and Chief Business Development Officer at Paybis.

There is a stark mismatch between the target and actual audience of crypto products. Crypto’s greatest upcomers rarely make an appearance in the news, nor do they enjoy the privilege of extensive localization and optimization efforts from the devs’ side. Today, most platforms are still building and optimizing for Western markets exclusively, resulting in high drop-off rates in Latin America, Africa, and Southeast Asia.

Yet, it is precisely these regions that drive crypto adoption forward. In 2024, the top 3 spots in Chainalysis’ crypto adoption ranking were secured by India, Nigeria, and Indonesia, and only four developed economies made it to the top 20 overall. Emerging markets are the most promising in terms of user count growth tempo: proprietary data from Paybis shows a 66% year-on-year user increase in developing economies, overshadowing the developed markets by a factor of two. And that has been the case for years.

The tested solution to boost engagement and secure a loyal customer base is crypto on-ramps, which have already proved their utility in the US and Europe. However, conversion rates on on-ramps tend to be notably lower in developing markets: 14% fewer users initiate KYC, 20% fewer are approved, and 11% fewer complete transactions. Replicating Western flows without localization has proven ineffective: platforms must localize to fit local KYC flows, local payment methods, and behaviors. Without localized on-ramps, mass adoption will remain a pipe dream.

Devs Still Optimize for Western Markets

Crypto may be borderless in theory, but in practice, it still has a passport. The comfort level of the same app might vary drastically from country to country, as platforms often assume fluency in the North American or European banking system or similarity in user habits.

To put it simply, something that works in Toronto might not work in Lagos. In Nigeria, over 96% of users register via mobile, making it the primary access method. It is simply incomparable to developed countries like Canada, Australia, or Japan, where desktop-first behavior dominates. Flows often fail when ported to countries with informal economies and lower banking penetration.

The challenge of KYC flows is compounded, considering how often some platforms lack on-ramps. Instead of a streamlined flow, a user has to go through repeated KYC verifications only to start using services. Without improvements to user experience, there is little chance that consumers will migrate to DeFi alternatives en masse. In emerging markets, crypto remains a geek-for-geeks type of product. Tech-savvy niches are satisfied, but the demographic that needs crypto the most is excluded.

Payment Localization Is the Future

To unlock growth in emerging markets, platforms must localize. Recent case studies suggest that the key to doing it successfully is integration with the payment systems people already trust and use.

Take South America, where PIX, the Brazilian government-backed instant payment system, has been a game-changer. Platforms that integrate with PIX have seen a marked reduction in drop-offs thanks to the seamless and familiar user experience. Brazilian platform Mercado Bitcoin integrated PIX in 2020. By enabling instant zero‑fee deposits via the country’s native payment rail, the platform saw onboarding completion rates jump, while early drop‑offs significantly declined. Users no longer needed cards or complex bank transfers—only the payment methods they already used on a daily basis.

Localization also means adapting verification processes to local norms, offering mobile-first and multilingual interfaces, and designing for environments where mobile usage is still dominant and digital literacy varies widely.

Fix the On-Ramps, Reduce the Drop-Offs

Emerging markets already dominate global crypto adoption metrics. But interest alone doesn’t guarantee sustainable adoption. Without localized on-ramps, platforms will continue to lose potential users at the very first step of the conversion funnel: the bridge from fiat funds to trusted and accessible crypto.

The next wave of crypto adoption will not be conquered by the best technology. Its crest will fall to the platforms that make this technology accessible, intuitive, and locally relevant.

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This Analyst Predicted Bitcoin’s Rally To $120,000 Months Ago, Here’s The Rest Of The Forecast https://earlybirdsinvest.com/this-analyst-predicted-bitcoins-rally-to-120000-months-ago-heres-the-rest-of-the-forecast/ https://earlybirdsinvest.com/this-analyst-predicted-bitcoins-rally-to-120000-months-ago-heres-the-rest-of-the-forecast/#respond Wed, 16 Jul 2025 00:57:56 +0000 https://earlybirdsinvest.com/this-analyst-predicted-bitcoins-rally-to-120000-months-ago-heres-the-rest-of-the-forecast/

A crypto analyst who accurately predicted the Bitcoin (BTC) price surge to $120,000 months ago has returned with a bold new forecast that could redefine investors’ expectations for the rest of the cycle. Using a detailed Elliott Wave structure and historical halving patterns, the expert outlines what could be Bitcoin’s final parabolic move, laying out a clear roadmap toward a new ATH target.  

Bitcoin Parabolic Phase Still Ahead

Following Bitcoin’s explosive rise above $123,000 in a single day, crypto analyst XForceGlobal reaffirmed his earlier predictions and intensified his bullish outlook. He now asserts that Bitcoin is in the early stages of a much larger breakout, with the final and most parabolic phase of its rally yet to unfold.  

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The analyst Bitcoin Price Trajectory To $155,000: Why No Major Dips Are Expected From Here a detailed chart showing that Bitcoin is now trading over $40,000 above its Wave 2 bottom of the macro 5th. This indicates that the market could be transitioning into Wave 3 of a larger Elliott Wave impulse pattern. The chart also visually segments previous bull market runs into distinct macro phases, each unfolding after a halving cycle. Every phase began with a consolidation period, followed by exponential growth and eventual correction. 

Bitcoin’s price history is further marked by the halving events in 2012, 2016, 2020, and 2024—all of which have consistently preceded major bullish rallies. The latest halving, which occurred in April 2024, is now expected to lead to an intermediate-term rally that may extend BTC’s price beyond $270,000 before entering another corrective phase.  

Bitcoin
Source: XForceGlobal on X

While XForceGlobal maintains a bullish long-term outlook for Bitcoin, he urges investors to be cautious and aware that the final wave may generate market euphoria before a significant decline sets in. His projected roadmap shows a steady bullish climb toward $272,832, followed by a potential retracement to around $41,646, marking a steep 85% crash from the top. 

During his analysis, the market expert highlighted the difference between smart and dumb money during this bullish phase of the cycle. He claimed that smart investors have already mapped out their exit strategies, understanding that success comes from early planning rather than spontaneous decisions. He also added that with the market yet to reach a climax, there’s still time to prepare an exit before red flags emerge.

Analyst Predicts $155,000 As Bitcoin’s Next Stop 

In a follow-up X post, XForceGlobal forecasted Bitcoin’s next short-term price target at $155,000. This prediction comes as BTC recently rallied past $123,000 before undergoing a pullback, now trading slightly above $116,800. According to the analyst, Bitcoin remains firmly in an extended Wave 3, which traditionally represents the most impulsive and powerful phase of the Elliott Wave sequence.

Related Reading

XForceGlobal’s chart reveals that Bitcoin recently broke out from a complex WXYXZ correction structure, which served as the launchpad for the present rally. His projection suggests that BTC is now forming a five-wave structure targeting the $140,000-$155,000 range, with macro-level corrections expected along the way. 

Bitcoin
BTC trading at $117,100 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

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Japan is pushing cashless payments to keep up with the rest of Asia https://earlybirdsinvest.com/japan-is-pushing-cashless-payments-to-keep-up-with-the-rest-of-asia/ https://earlybirdsinvest.com/japan-is-pushing-cashless-payments-to-keep-up-with-the-rest-of-asia/#respond Wed, 04 Jun 2025 23:52:17 +0000 https://earlybirdsinvest.com/japan-is-pushing-cashless-payments-to-keep-up-with-the-rest-of-asia/

Japan is preparing to innovate and implement a robust payment system as its economy gradually becomes cashless.

Kazushige Kamiyama, executive director of the Bank of Japan (BOJ), said that while he has not yet had a firm stance on CBDC, he needs to develop other payment options as society becomes more and more cashless.

According to an article published by Reuters on June 4, 2025, Kamiyama said that while banknotes still exist in high circulation in Japan, physical currencies could see a sharp decline in usage as Japan rapidly becomes digital.

“So Japan must consider the steps now to ensure that the retail settlement system is convenient, efficient and universally accessible while still safe and resilient,” he said.

He further explained that the government and Congress have decided to issue CBDCs and that they have not made any decisions on the issue so far.

However, the country’s central banks conducted experiments with private companies in digital yen and exchanged opinions.

Explore: Best Meme Coin ICOS to Invest in June 2025

Asia appears to be leading CBDC rates

The talk around the CBDC appears to be in decline and flowing, largely restrained after President Trump banned US CBDC jobs. But they seem to be revived at least in Asia.

Several Asian countries have been successful in CBDC testing and pilot projects. For example, India’s CBDC Pilot Program has successfully provided farm loans directly to tenant farmers in the country.

Additionally, the Reserve Bank of India (RBI) is considering cross-border CBDC pilots as the electronic rupee circulation exceeds Rs. 1,016 crores (over $118 million) from rupee. In 2024, it would have been 232 crores (approximately $27 million). We are also considering entering a multilateral CBDC initiative through the Bank of International Strements (BIS) Innovation Hub.

Additionally, RBI believes it is expanding the use cases and scope of both e-Rupee retail and e-Rupee wholesale pilots. Plans are in place to improve the technical aspects of the aggregator framework and further increase transparency, convenience and efficiency.

Other Asian countries have also warmed up to CBDCs. For example, Korea is testing two CBDC projects. Project Hangan and Project Agora are domestic tokenized deposits involving multiple banks and institutions.

Interestingly, Bank of Korea Governor Rhee Chang-Yong personally visited six largest US banks to defend the role of wholesale CBDCs after the bank announced its announcement of plans to develop joint stability coins.

Explore:12+ Hottest Encryption Presale to Buy Now

Cashless payment transition in Asia

Driven by technological advances, changing consumer behavior and government initiatives, Asia is rapidly moving towards a cashless society. The adoption of India’s unified payment system is highlighted by network processing, which processes more than 13.1 billion transactions by fiscal year 2023.

China’s Alipay and Wechat pay accounts to over 1 billion users. Furthermore, cash transactions in China are expected to fall to just 3% by 2027. Beyond these Asian giants, other Southeast Asian countries like Thailand and Singapore are accepting cashless payments.

They developed interoperable systems such as PromptPay and PayNow, enabling cross-border transactions and reducing their reliance on Western credit card networks.

The surge in smartphones has been the catalyst for this conversion, especially in areas where bank penetration has previously been low.

Explore: 9+ Best High Risk, High Reward Crypto Buy in June 2025

Key takeout

  • Japan has not yet decided its stance on CBDC, but it is experimenting with digital yen

  • Asian countries such as India and South Korea are leading CBDC accusations

  • Asia is rapidly becoming a cashless payment association led by India and China

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This Crypto Analyst Correctly Predicted XRP Price Crash Below $2, Here’s The Rest Of The Forecast https://earlybirdsinvest.com/this-crypto-analyst-correctly-predicted-xrp-price-crash-below-2-heres-the-rest-of-the-forecast/ https://earlybirdsinvest.com/this-crypto-analyst-correctly-predicted-xrp-price-crash-below-2-heres-the-rest-of-the-forecast/#respond Thu, 13 Mar 2025 09:53:47 +0000 https://earlybirdsinvest.com/this-crypto-analyst-correctly-predicted-xrp-price-crash-below-2-heres-the-rest-of-the-forecast/

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A new XRP price forecast has emerged, offering insights into the cryptocurrency’s next bearish move. A crypto analyst who previously predicted XRP‘s crash below $2 has provided a more comprehensive outlook, outlining key support and resistance areas that will determine XRP’s next target. 

According to TradingView crypto analyst, ‘MMBTrader,’ the XRP price is set to dump below the $2 threshold. As of writing, CoinMarketCap reports that XRP is trading at $2.2, reflecting a modest 3% increase in value in the last 24 hours. 

XRP Price Projected To Crash To $1.5

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The TradingView crypto expert has identified a Head and Shoulder pattern on the XRP daily chart, consisting of three peaks: left shoulder, head, and right shoulder. Typically, a classic Head and Shoulder pattern is considered one of the most common indicators of a potential price breakdown, with the price of a cryptocurrency expected to reverse from bullish to bearish. 

XRP
Further decline ahead | Source: MMTrader on Tradingview

Looking at the price chart, a break below the pattern’s neckline around the $1.95 price point would confirm XRP’s bearish position. If the cryptocurrency fails to hold the $1.95 support level, a sharp drop, possibly up to 50%, is expected. This massive crash would effectively place the price around the $1.5 level or even as low as $1.2.

While he expects a possible crash to $1.5, MMBTrader also projects an alternative bullish scenario in which the XRP price initiates a strong rebound. The analyst revealed that if the cryptocurrency consolidates near $2 without breaking lower, then a bounce to new highs could follow.

Additionally, the TradingView expert believes that the asset could also experience a significant rally toward $5 after its projected 50% price crash. He highlights that if XRP can hold the support level near $1.5, then a strong reversal could occur, potentially triggering a bullish move between $4 and $4.5.

Whales Scoop Up $385 Million Amid Market Downtrend

While XRP experiences slow momentum due to the market’s recent decline, whales are seizing the opportunity to buy the dip, accumulating a significant amount of the token. According to crypto analyst Brett, an XRP whale has executed a large-scale transaction, buying over 167 million XRP, valued at $368.4 million, in a single purchase.

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Brett revealed that this whale purchase was made as the market panicked over increasing volatility and price declines. Over the past few weeks, XRP has struggled to recover from bearish trends, joining the ranks of top cryptocurrencies like Bitcoin and Ethereum, which recorded a major price crash earlier in February.

CoinMarketCap’s data shows that the the altcoin’s price has fallen by 11.6% in just one week. This decline comes as the broader crypto market faces massive liquidations totaling hundreds of millions of dollars.

XRP
XRP trading at $2.2 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

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This Analyst Predicted The Dogecoin Price Crash Below $0.2, Here’s The Rest Of The Forecast https://earlybirdsinvest.com/this-analyst-predicted-the-dogecoin-price-crash-below-0-2-heres-the-rest-of-the-forecast/ https://earlybirdsinvest.com/this-analyst-predicted-the-dogecoin-price-crash-below-0-2-heres-the-rest-of-the-forecast/#respond Wed, 26 Feb 2025 21:01:42 +0000 https://earlybirdsinvest.com/this-analyst-predicted-the-dogecoin-price-crash-below-0-2-heres-the-rest-of-the-forecast/

Crypto analyst Bithereum, who predicted the Dogecoin price crash below the $0.2 level, has revealed the rest of his forecast for the foremost meme coin. Based on this, DOGE could soon witness a bullish reversal and rally to its local high of $0.45. 

What Next For The Dogecoin Price

In a TradingView post, Bithereum revealed that the Dogecoin price was moving inside a falling wedge and could test the support level of $0.20197 and the ultimate support zone. This eventually happened with Dogecoin dropping to as low as $0.2 following the recent market crash. 

The crypto analyst further suggested that the Dogecoin price could rebound to $0.2 following the crash. He advised market participants to set their buy orders at this level and revealed that the targets for a potential rebound are $0.30998, $0.37154, and $0.45918. His accompanying chart showed that a rebound to as high as $0.45918 could happen between now and March. 

Dogecoin
Source: Bithereum on Tradingview

Indeed, this Dogecoin price rebound could be imminent, especially with crypto analysts like Kevin Capital suggesting that the Bitcoin price could soon rebound. Given the strong price correlation between both coins, DOGE would likely reverse to the upside as the Bitcoin price rebounds.

A Dogecoin price rally to the local high of $0.45 is significant as it could pave the way for a further rally to DOGE’s current all-time high (ATH) of $0.7. Crypto analyst Basic Trading also recently predicted that Dogecoin could reach as high as $5 if it successfully reclaims the $0.5 price level. He made this prediction based on his belief that the foremost meme coin could replicate its previous bull cycle performances in this market cycle.  

More Reasons Why DOGE Could Rebound From This Level

In an X post, crypto analyst Trader Tardigrade revealed that DOGE’s 100 Exponential Moving Average (EMA) is supporting the Dogecoin price well. The analyst highlighted similarities between the current price action and last year’s, around this same period. His accompanying chart suggested that Dogecoin could rebound like it did in 2024. This time, he predicts that the foremost meme coin could rally to as high as $1.7 as it records a bullish reversal. 

Meanwhile, crypto analyst Master Kenobi noted that the Dogecoin price is at a critical trend line that has consistently provided support over the past year. This trend line also acted as the launchpad for the rally that started precisely one year ago. The crypto analyst added that DOGE’s Relative Strength Index (RSI) is at its lowest point since March 2023. In line with this, he remarked that there are plenty of reasons to anticipate a strong reversal. 

At the time of writing, the DOGE price is trading at around $0.21, up in the last 24 hours, according to data from CoinMarketCap.

Dogecoin
DOGE trading at $0.21 on the 1D chart | Source: DOGEUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

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