Dogecoin Eyes Rebound as Ethereum, Stablecoins Surge
Dogecoin Eyes Rebound as Ethereum, Stablecoins Surge

Dogecoin Eyes Rebound as Ethereum, Stablecoins Surge

News summary

Dogecoin (DOGE) is showing signs of a potential bullish reversal after rebounding from lows near $0.14 to around $0.166, with technical analysts citing a bullish MACD crossover and RSI divergence as positive signals. Experts predict a possible 260% rally for DOGE if it reclaims resistance at $0.18 and overall market optimism continues. The broader meme coin sector remains under pressure, with major tokens like PEPE and Dogwifhat facing losses as traders shift focus to core assets such as Bitcoin and Ethereum. Ethereum is currently outperforming Bitcoin due to robust institutional inflows, record staking, and increased perpetual futures activity, which could push ETH toward the $3,000 level. The stablecoin market has reached a record $228 billion, reflecting high investor confidence and liquidity, with Tron also benefiting from stablecoin inflows. Additionally, the convergence of AI and crypto is gaining attention, as Tether's CEO predicts AI agents will drive blockchain commerce using assets like USDT and Bitcoin.

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