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ARTICLE AD BOX
Dogecoin (DOGE), the popular and largest meme coin in the cryptocurrency space, appears to be shifting towards a bullish trend after several days in a downtrend for DOGE price. As of January 30, 2025, along with other major assets, DOGE price seems to be recovering, forming a bullish price action. Though Dogecoin seems to be recovering, experts claim that the AI platform is gaining traction and attracting DOGE investors. The presale mania of IntelMarkets knows no bounds!
DOGE Price Momentum: Dogecoin Gains Support
With a positive market outlook, DOGE’s price is currently trading near $0.32 and has experienced a price surge. Following a DOGE price reversal from the crucial support level of $0.31, traders and investors have shown strong interest and confidence in the meme coin, resulting in an increase in trading volume, with the Dogecoin volume reaching $1.27 billion.
According to expert technical analysis, DOGE price appears to be forming a bullish double-bottom price action pattern on the daily time frame. However, Dogecoin’s bullish price action is still in formation, and it is currently at a support level of $0.31, which has a history of strong bullish price reversals.
Based on the recent price action, if DOGE price holds this support level, there is a strong possibility it could soar by 25% to reach the $0.41 level in the coming days. On the positive side, Dogecoin’s Relative Strength Index (RSI) currently stands at 45, indicating strong potential for the meme coin to rally further.
Looking at the bullish price action and market sentiment, traders and investors have been betting on and accumulating the meme coin, the on-chain analytics firm Coinglass reported. Data from spot inflow/outflow revealed that exchanges had witnessed an outflow of a significant $11.50 million worth of Dogecoin.
In the cryptocurrency landscape, outflow refers to the movement of assets from exchanges to wallets, suggesting potential accumulation. This can create buying pressure and lead to a further upside rally.
Apart from this, traders seem to be strongly betting on the long side. Currently, the DOGE price Long/Short ratio stands at 1.056, indicating strong bullish sentiment among traders, the highest since the beginning of December 2024.
IntelMarkets (INTL): Why It’s Poised to Outperform
Investors have embraced IntelMarkets (INTL) rapidly for its innovative use of AI and DeFi technologies. IntelMarkets is still in its early days and so has a massive upside like XRP and Solana. The project is designed to reshape the $36 billion crypto trading market using an AI-powered trading platform powered by machine learning algorithms and real-time market analysis.
Key features of IntelMarkets include AI-powered trading robots which are self-learning bots that take very large data sets and process them in real-time, and the users make informed trading decisions.
Dual-chain architecture is also a distinguishing feature. IntelMarkets runs on two different blockchains, Ethereum and Solana, and each allows for its scalability, efficiency, and compatibility between blockchains.
The AI platform has a low entry price. Right now, IntelMarkets is currently priced at just $0.082 during its presale stage, making it an affordable way for investors to jump in at the beginning.
IntelMarkets already $7.8m were raised during the presale, a clear sign of investor confidence. Experts from the industry are expecting a surge to 123,000% by 2026, making it far more probable than for Solana. INTL is one of the most promising altcoins we’ve seen this year due to the combination of cutting-edge technology, a low market cap, and a unique value proposition.
Discover More About Intel Markets:
Presale: https://intelmarkets.io/
Buy Presale: https://buy.intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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