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Cryptocurrency News Articles
Rexas Finance (RXS): The Hidden Gem Set for a Massive Breakout
Mar 16, 2025 at 02:45 am
Binance Coin (BNB) has been struggling recently, falling to around $610 today after nearing $700 earlier this week. This decline has left investors wondering if it can still reach $1,500 in 2025.
In the dynamic realm of cryptocurrencies, where fortunes can be made and lost quickly, it is crucial to identify tokens that offer not only high growth potential but also reasonable risk-reward ratios. Recently, Binance Coin (BNB) has been struggling, falling to around $610 today after nearing $700 earlier this week. This decline has left investors pondering if BNB can still hit $1,500 in 2025.
However, some traders are shifting their attention to alternative investments that could yield even greater returns. Among them, Dogecoin (DOGE) continues to attract interest with its history of explosive rallies. After touching $0.70 in November 2021, DOGE went on to experience a 1,000% rally in 2023, making it one of the best-performing tokens.
Now, another token priced at just $0.20 is making headlines and presenting itself as a wiser choice for investment. This token has surged rapidly following its remarkable presale performance.
Binance Coin (BNB): Can It Hit $1500 In 2025?
Relative strength analysis indicates that BNB has been lagging compared to many altcoins, as the latter have shown more resilience during the recent market downturn.
Many altcoins have outperformed BNB in recent times.
Despite a 10% decline over the past month, several altcoins have managed to remain in positive territory. This downturn could be linked to concerns over centralized exchanges, especially following Bybit’s $1.4 billion hack.
Moreover, the U.S. administration is reportedly planning to impose stricter regulations on cryptocurrency exchanges. At press time, BNB traded at $610.
However, there are still some bullish signs for BNB. Ex-Binance CEO CZ recently revealed that 98% of his portfolio is in BNB, showcasing his strong belief in the token.
Furthermore, technical indicators suggest that a short-term bounce is in sight, with $69.7 million in long positions compared to $67 million in shorts. If sentiment shifts, BNB could push toward $680. Nonetheless, a breakdown below $620 may open the door for deeper losses.
Chart: Ali Martinez on X
Breaking down BNB’s technical outlook further, crypto derivatives analyst Ali Martinez notes that BNB may be forming a "deviation structure," which could see further downside. According to him, Fib support lies at $505, and a worst-case scenario could see a fall to $214, which is the 1.618 Fib.
However, to break out of this bearish trend, BNB needs to maintain its momentum and break above $720 to negate the implication of the "bearish butterfly." A recovery to $1,500 in 2025 would require a major shift in market conditions, macroeconomic outlook, and the broader cryptocurrency landscape.
Furthermore, BNB’s future trajectory will depend on several factors, including Binance’s ongoing reputation, exchange activity, and regulatory clarity in key markets. A strong bull market would be essential for BNB to reach such a high price target.
While BNB has solid fundamentals and a large community, its path remains uncertain, especially in the face of emerging tokens with even higher growth potential and lower risk.
Dogecoin (DOGE): A Potential Explosive Rally Ahead
Dogecoin (DOGE) has a history of delivering explosive growth to early investors, and analysts suggest that it could be setting the stage for another major rally.
Crypto analyst Javon Marks notes that in past bull runs, we’ve seen a crash, consolidation, and then a massive breakout to new all-time highs. According to him, if history repeats itself, Dogecoin could be preparing for a breakout above its previous peak of $0.73905.
Chart: Javon Marks on X
In a similar observation, Cass Abbé highlights that DOGE is following a pattern similar to early 2021, when it surged from $0.06 to $0.70. According to him, the next big run will be driven by Elon Musk and the hype surrounding his D.O.G.E department initiative.
Chart: Cass Abbé on X
Carl Moon also identifies bullish potential, pointing out that Dogecoin is currently at a key support level. If it manages to stay above this level and break out of the falling wedge pattern, he predicts a surge to $0.44.
Chart: Carl Moon on X
This pattern, known as a "falling wedge," is typically observed at the end of a bear market and signals a reversal of the ongoing trend. According to technical analysis, such reversal could set the stage for a strong rally.
One major factor that could contribute to Dogecoin’s bullish outlook, despite recent price dips, is the potential approval of a Bitcoin ETF by the U.S. Securities and Exchange Commission (
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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