Cryptocurrency prices continued booming during the weekend as Bitcoin surged to a new record high of $78,675, pointing to more gains to $80,000 soon. The total market cap of all coins has jumped to over $2.7 trillion, and analysts expect that this valuation will get to $3 trillion soon. This article looks at Vantard, Dogecoin, and X Empire.
Dogecoin price analysis
The daily chart shows that the DOGE price has been in a strong bull run, helped by the recent Trump election and Federal Reserve interest rate decision.
The coin has moved above the 50-week and 200-week moving averages, which have made a bullish crossover known as a golden cross. In most periods, this is one of the most popular bullish signs in the market.
Most notably, the coin is about to cross the key resistance level at $0.2300, the highest swing on March 25.
The percentage price oscillator (PPO) indicator has moved above the zero line, while the Relative Strength Index (RSI) and the Stochastic Oscillator have all pointed upwards.
Therefore, the Dogecoin price will likely continue rising as bulls target the key resistance level at $0.3500, its highest swing in August 2021.
X Empire price analysis
The X Empire token has been in a strong bull run, making it the best-performing Telegram tokens this year. Its surge has brought its market cap to over $194 million. Its surge has coincided by the rally of other Telegram tokens like Hamster Kombat and Catizen.
On the hourly chart, we see that the token has remained above the 50-period and 25-period moving averages. Also, the Relative Strength Index (RSI), Percentage Price Oscillator (PPO), and the Stochastic Oscillator have all pointed upwards.
Therefore, the X Empire token price will likely continue rising as bulls target the key resistance level at $0.00035.
Vantard token sale continues
Vantard, on the other hand, has become one of the fastest-growing token sales in the market this year. Data shows that the network has raised to $814,407 and if this trend continues, it will get to over $1 million this year.
Vantard is taking advantage of the meme coin industry, which is doing well. For example, new meme coins like Moodeng, Michi, Shiba Inu, and Dogwifhat have soared by double digits in the past few days.
Vantard is inspired by the success of Vanguard, a company that has been growing in the past few decades. It has moved to over $8 trillion in assets, making it the second-biggest asset manager in the world.
Vantard’s approach is to create a meme coin index fund that tracks the biggest meme coins. Users will be able to buy the VTARD token, which will have these tokens, which they can redeem for cash.
There are a few reasons why the Vantard token sale will continue booming. First, cryptocurrencies are doing well, with Bitcoin and other altcoins sitting at their all-time highs.
Second, the Federal Reserve has continued cutting interest rates, a move that will push investors to risky assets.
Third, the Trump victory will lead to more friendly regulations, making it more profitable for most altcoins. You can buy the Vantard token here.
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