Dogecoin price has tanked this year, coinciding with the recent crypto sell-off. This crash has erased billions of dollars in value. Still, one crypto analyst believes that it is just a matter of time until the DOGE price recovers, and potentially hits the psychological point at $1.
Crypto Pro Predicts Dogecoin Price Will Hit $1
A popular crypto expert has come out with a bullish DOGE price predictioneven as it deviates further from its 2024 highs. The analyst used a weekly chart to identify chart patterns he believes will drive the upcoming bull run.
As shown below, he noted that the Dogecoin price has been forming a falling wedge pattern on the weekly chart. The upper side of this wedge links the highest swings since December, while its lower side connects the lower lows since Dec. 19. This pattern often leads to a strong bullish breakout when the two lines are nearing their confluence level.
The analyst also pointed out that DOGE formed a similar pattern between March and November last year, culminating in a strong bull run to a high of $0.45.
Dogecoin Price Forecast
In this case, Dogecoin has formed a falling wedge and retested the important support at $0.2280, the highest swing in March last year. A break and retest pattern signals a potential continuation.
The pro now expects that the coin will initially jump to $0.50. After that, he expects it to surge to $1. Such a move would be a 400% surge from the current level. It would also push its market cap to $140 billion.
A 400% surge is possible in the crypto market. For example, Dogecoin jumped by 720% from its 2023 lows to the highest swing in 2024. It can also jump by 285% to get to its all-time high of $0.7370. After that, it will need to soar by just 0.35% to hit $1.
The bullish DOGE outlook will be canceled if the coin crashes below the ascending trendline that links the lowest levels since June 2023.
Dogecoin Price Weekly Chart
Potential Catalysts to Push DOGE Price to $1
Dogecoin price has numerous catalysts that may push it to $1. First, the upcoming reciprocal tariffsmay sink the US into a recession, leading to Fed interventions like rate cuts and quantitative easing. These actions may lead to a new crypto bull run.
Second, Polymarket users believe that theSEC will approve a DOGE ETF. That’s because Dogecoin is similar to Bitcoin in that it is a proof-of-work coin that the SEC does not consider a security. Such an ETF will lead to more demand from Wall Street investors.
Further, Dogecoin may benefit from the creation of crypto reserves since it is a candidate for inclusion. Finally, DOGE is one of the top blue-chip meme coins, meaning that it may see traction as investors rotate from risky Solana meme coins.
XRP price drops 2.6% to hit $2.2 on Thursday as Ripple’s $5 billion rejected offer to acquire Circle coincides with bearish ETF-related sentiment.
Ripple (XRP) sinks as SEC delays altcoin ETF decisions
XRP extended its weekly losses on Thursday, falling 2.6% to under $2.20 as major altcoins suffered considerable losses.
The drawdown came after the U.S. Securities and Exchange Commission (SEC) announced it would postpone decisions on all seven pending spot altcoin ETF applications.
The delay triggered immediate bearish sentiment across the crypto market, with Dogecoin (DOGE), Avalanche (AVAX), and Solana (SOL) also registering intraday losses of roughly 3%, according to Coingecko data
XRP Price Action, May 1 | Source: Coingecko
The synchronized pullback among altcoins highlights investor unease, particularly around assets with ETF filings currently under SEC review. While Bitcoin and Ethereum remained relatively stable, market data showed a distinct wave of outflows from tokens viewed as ETF contenders.
As seen above the 2.6% Ripple price dip saw its market capitalization slip below the $130 billion mark, wiping out short-term gains from late April. As regulatory uncertainty persists, risk-averse traders appear to be reducing exposure to altcoins vulnerable to SEC oversight.
Ripple’s failed $5B Circle offer deepens investor anxiety
Adding to the day’s market headwinds, Bloomberg reported on Wednesday that Ripple had made an unsolicited acquisition offer of between $4 billion and $5 billion to buy stablecoin issuer Circle. The bid was reportedly rejected as undervalued.
According to anonymous sources cited in the report, Circle—which issues the U.S. dollar-pegged stablecoin USDC—declined the proposal, stating the valuation did not reflect its current growth trajectory and IPO ambitions.
The disclosure of Ripple’s acquisition interest came just weeks after Circle filed a fresh prospectus for an initial public offering.
Circle, valued at $9 billion in a 2022 SPAC deal attempt, is the issuer of the world’s second-largest stablecoin and a key rival to Ripple’s newly launched RLUSD token.
Ripple, which has been expanding its presence in blockchain payments and stablecoin markets, has remained publicly quiet about the deal, with CEO Brad Garlinghouse previously indicating that future acquisitions were “on the table.”
As Circle pushes ahead with its IPO plans and market valuation, Ripple’s attempt to acquire a major player signals strategic urgency—but also hints at friction in executing that strategy. With altcoin sentiment already rattled by regulatory delays, the timing of Ripple’s bid and its rejection amplified downside pressure on XRP price action in the days ahead.
XRP Price Forecast Today: Bulls Eye $2.35 as Support Holds Above 50-Day SMA
XRP price forecast today leans moderately bullish following a resilient bounce from the $2.19 intraday low, suggesting buyers are defending the short-term trend.
The daily candle closed at $2.2199, up 1.33%, holding above the 50-day simple moving average (SMA) at $2.1914. This level now acts as immediate support, helping anchor bullish sentiment.
The RSI reading of 53.83 indicates a slight positive bias, reinforced by the RSI moving average at 53.00, with the gap between them subtly widening, often a precursor to major breakout
XRP Price Forecast Today
Volume remains moderate at 6.73 million, hinting at cautious accumulation rather than breakout conviction. Price has remained supported above the ascending trendline drawn from early April lows, while the 200-day SMA overhead at $2.39 continues to cap upside potential. A clean break and close above $2.25 could trigger follow-through momentum toward $2.35. However, failure to reclaim this resistance in coming sessions may expose XRP to a pullback toward $2.10. Still, the preservation of higher lows suggests the broader structure remains intact and tilts the bias slightly in favor of the bulls.
Wall Street analysts project that the U.S. SEC will approve a bunch of spot crypto ETFs possibly before the end of the third quarter.
Dogecoin price has hinted at an imminent rally towards its all-time high in the near future.
The United States Securities and Exchange Commission (SEC) delayed its decision-making on the proposed rule change to list and trade shares of Bitwise Dogecoin ETF under NYSE Arca. According to the announcement by Sherry Haywood, the SEC’s assistant secretary, the agency has designated June 15, 2025 as the next date the commission will make its decision on the Bitwise Dogecoin ETF.
“The commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein,” the announcement noted.
Closer Look at SEC’s Playbook on Dogecoin ETF
The U.S. SEC delayed decision-making for several crypto ETF products on Monday, led by spot XRP and Dogecoin ETFs. According to James Seyffart, a senior ETF analyst at Bloomberg, the U.S. SEC will likely delay decisions for spot Solana (SOL) and Hedera (HBAR) this week.
However, Seyffart is of the opinion that the SEC, under the new leadership of Paul Atkins, will approve a bunch of spot crypto ETFs in the third quarter and before the final deadlines in mid-October.
Agreed. i personally think the odds of a bunch of these crypto ETPs getting approved in late June or into July is fairly decent. Idk if its my ‘base case’ but GDLC’s conversion is due early July. I could see this SEC just signing off on a whole bunch around that same time.
The initial Dogecoin selloff expected in the first quarter has significantly reduced after the meme lord closed last week with a bullish outlook. The large-cap memecoin, with a fully diluted valuation of about $26.7 billion and a 24-hour average trading volume of around $1 billion, gained over 15 percent in the past two weeks to trade about $0.179 at the time of this writing.
If #Dogecoin$DOGE can secure a monthly close above $0.20, it could pave the way for a rally toward its all-time high of $0.74. Such a breakout would signal strong bullish momentum and potentially attract increased investor interest. pic.twitter.com/ky88B6XFZy
From a technical analysis standpoint, DOGE’s price is well-primed to enter its price discovery phase in the coming months. According to crypto analyst Ali Martinez, DOGE price will regain its all-time high above 74 cents, if the memecoin closes April above 20 cents.
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Wall Street analysts project that the U.S. SEC will approve a bunch of spot crypto ETFs possibly before the end of the third quarter. Dogecoin price has hinted at an imminent rally towards its all-time high in the near future. The United States Securities and Exchange Commission (SEC) delayed its decision-making on the proposed rule …
There has been a sharp decline in daily active addresses across Smart Contract Platforms (SCPs) in recent months, raising concerns among investors and developers.
Meanwhile, Ethereum’s Pectra Upgrade could be the turning point, with crypto analyst Jamie Coutts calling the current state a cleansing of the ecosystem.
SCPs See Sharp Decline in Active Users
Jamie Coutts, who built Bloomberg Intelligence’s crypto research product, says this is the worst decline ever recorded in the history of SCPs.
He also notes that it is far worse than the 2022-2023 bear market, with daily active addresses dropping 40.5% in just five months.
“This is the largest usage collapse in SCP history,” wrote Coutts.
Coutts’ analysis provides a deeper look at the broader crypto ecosystem, which is simultaneously witnessing an uptick in global liquidity and an all-time high in stablecoin market cap.
While the sector seems to be experiencing a shakeout, Coutts says this decline does not indicate the death of smart contract platforms. Rather, it is a necessary cleansing of the ecosystem.
The analyst attributes the drop in daily active addresses to several key factors, including the rise of artificial activity.
“Much of the past cycle’s growth was artificial: Usage inflated by bots and Sybil farms, Incentive programs created temporary traction without stickiness. The unwind reflects a cleansing of fake activity, not the death of the sector,” Coutts explains.
The rise of bots and Sybil attacks, where bad actors create multiple fake identities to manipulate a platform’s usage metrics, has artificially inflated the activity numbers across various smart contract platforms.
Now, as these fake users are being weeded out, the real growth potential of SCPs is becoming clearer.
Moreover, this trend suggests that SCPs with weak application ecosystems or limited use cases will face significant valuation compression. This is especially true without stablecoin integration or real-world asset (RWA) applications.
Coutts notes that many SCP tokens risk valuation compression if their platforms do not offer high throughput, low-cost, and real settlement capabilities.
The market will likely reward mature platforms capable of supporting real economic activity. These include stablecoin transactions, payments, and AI-native applications.
“…going forward, value will concentrate in platforms that enable high-throughput, low-cost, real settlement and agentic automation,” he added.
Ethereum Staking Surge Post-Pectra
Interestingly, these predictions align with the recent Ethereum Pectra upgrade, which went live on May 7, 2025.
The Pectra upgrade introduces key features that could help Ethereum, the largest smart contract platform, stay ahead in this playing field. Specifically, the upgrade improves Ethereum’s staking model and validator operations.
CryptoQuant recently indicated a notable spike in ETH staking around the Pectra Upgrade news. Specifically, before the Pectra upgrade news, ETH staking saw a net outflow of around 1.02 million ETH, reflecting uncertainty.
However, after the news, staking rebounded with a 627,000 ETH inflow, signaling renewed market confidence in the Ethereum staking ecosystem.
“Before Pectra News (Nov 16 – Feb 15): ETH staking dropped from ≈34.88M to 33.86M ETH, a net outflow of ~1.02M ETH. This period reflects market uncertainty and mild unwinding of staking positions ahead of the upgrade. After Pectra News (Feb 16 – May 16): Total ETH staked rose from 33.78M to 34.41M ETH — a net inflow of ~627K ETH. Indicates renewed confidence in the staking process following the upgrade,” wrote CryptoQuant analyst Kripto Mevsimi.
ETH Staking before and after Pectra Upgrade news. Source: CryptoQuant
In the same tone, Bohdan Opryshko, co-founder and COO at Everstake, told BeInCrypto that the Pectra upgrade may be Ethereum’s most institution-friendly update. He says the upgrade is the clearest signal that Ethereum is ready for conservative capital.
“For the first time, institutions can stake at scale with operational clarity and reduced complexity. It’s a green light for conservative capital to get involved in native Ethereum staking,” Opryshko told BeInCrypto.
Further, Pectra’s introduction of smart accounts allows Ethereum wallets to execute smart contract logic. This could drive stablecoin integration.
At the same time, it could enhance scalability. This would make Ethereum better suited to handle real economic activities such as payments and financial transactions.
Nevertheless, Coutts highlighted a divergence between price action and network activity, a common phenomenon in the crypto space. While markets stabilize, activity on many SCPs remains stagnant.
Coutts notes that this divergence will not last. More sophisticated capital will increasingly flow toward platforms that anchor real economic behavior, especially via stablecoin flows and payments.
“Markets may be stabilizing, but activity is not,” More sophisticated capital will increasingly rotate toward chains that anchor real economic behavior, especially via stablecoin flows, payments, and AI-native applications,” Coutts says.
Finally, Coutts predicts that a liquidity-driven rally will return, fueled by the significant liquidity expected to enter the system in the coming months.
However, he cautions that the value will likely accrue to a subset of SCPs that can deliver tangible value through real-world applications and stablecoin integration. This sentiment aligns with the structural upgrades brought by Ethereum’s Pectra fork.
