Nasdaq-listed VivoPower has achieved a major milestone by becoming the first public company to create an XRP-focused Treasury. To kickstart this initiative, the company has already raised up to $121 million, which it will use to acquire the altcoin. VivoPower To Launch XRP Treasury In a press release, VivoPower announced an XRP-focused digital asset Treasury Strategy, which will encompass the contribution to building out the XRPL ecosystem for real-world decentralized finance blockchain solutions. The company made this announcement while noting that the altcoin could be one of the five digital assets that the US government will accumulate as part of the Strategic Bitcoin Reserve and Digital Asset Stockpile that Donald Trump announced months ago. As part of the move to create this treasury, VivoPower revealed that it has raised $121 million through a private placement, with investors buying an aggregate of 20 million ordinary shares at $6.05 per share. The… Read More at Coingape.com
As the Dogecoin price consolidates, there are rising possibility that it may short-squeeze in the near term. An analyst has identified a unique chart pattern and boosted his target to $1.1, up by 510% from the current level. Further, there are signs that whales have accumulated the coin slowly.
Crypto Analyst Sees the Dogecoin Price Soaring to $1.1
Dogecoin price today trades at $0.18, a level it has been stuck at in the past few weeks. While the coin is not showing any bullish trend on the short-term charts, an analyst believes that it is in a long-term bull run that could see it cross the psychological point at $1, and then hit $1.1 eventually.
The analyst cited the weekly chart below and drew two trendlines. The lower line connects the lower highs since October 2023. Likewise, the upper side of his chart links the key levels at $0.23 and $0.50.
He then identified the first wave between October 2022 and the highest swing in April 2024. This wave was about 290% surge. The second wave ran from its September low and its December 2024 high.
After dropping to the lower side of the giant megaphone pattern, the analyst predicts that the next pump will push it to $1.1. He expects this DOGE price prediction to push it to happen in September this year.
Dogecoin Price Forecast
Whales are Accumulating DOGE
The bullish Dogecoin price outlook likely explains why whales have continued to accumulate it in the past few months. In an X post on May 1, Ali Martinez noted that whales had bought 100 million DOGE in the last week alone. At the current price, these coins are worth over $18 million.
A deeper dive shows that whales have been accumulating it since March 7. At the time, the number of coins held by whales with between 1 million and 10 million coins jumped from 10.3 billion to the current 10.59 billion or 290 million coins. Whale purchases is seen as a bullish signal in crypto market analysis.
DOGE Whales Are Buying
DOGE Price Forecast: Inverse Head and Shoulders Forms
The short-term DOGE price forecast is also bullish as it has slowly formed an inverse head and shoulders pattern on the eight-hour chart. Its head is at the April low of $0.1305, and it has a slanted shoulder.
The coin has also moved above the 50-period moving average, providing strong support. Therefore, the most likely Dogecoin forecast is where it surges, potentially to the next point at $0.2087, which is about 15% above the current level. Crossing that level will bring its next target at $0.2420, the highest level on March 2.
Dogecoin Price Chart
A drop below the right shoulder at $0.1513 will invalidate the bullish outlook, and point to further downside at $0.12.
As the Ripple vs. SEC case moves forward, rumors are growing on X (formerly Twitter) that Ripple could pay its SEC fine using XRP tokens while the price is still low. Some believe this might happen before ETF approvals and the FedNow launch on July 14.
Ripple Paying SEC Fine in Cash, Not XRP
However, former SEC official Marc Fagel has put those rumors to rest saying they are not paying in XRP. Instead, the money is already set aside in cash inside an escrow account.
They’re not paying in XRP. It’s sitting in an escrow account in cash.
An XRP supporter also said the token is safe for now and explained that while tokens can be moved, it’s an all-or-nothing system..
XRP Price Reacts to Uncertainty
Recently, crypto analyst John Squire had suggested that the U.S. government might seize Ripple’s escrowed XRP and hold it as a national reserve. However, Bill Morgan shut down the idea by simply stating “it wont”.
Amid these rumours, XRP price had dropped over 2%. However, crypto prices spiked today after President Trump announced a ceasefire deal between Iran and Israel. Bitcoin rose nearly 3% as it climbed above $106,000. XRP also posted gains around 6% in the last 24 hours.
No Long Delay in Sight
There were speculations that the Ripple vs. SEC case could drag into late 2026. But Bill Morgan clarified that such a delay is unlikely, unless Judge Torres rejects the current joint proposal. The most probable outcome, he says, is both parties accepting the summary judgment, along with a penalty and permanent injunction.
The court is now waiting on a key SEC filing due by mid-August. The XRP community remains on edge, unsure of what Judge Torres might decide next. Experts say that “it could go either way” but nobody has backed the idea of a delay into 2026.
The post Ripple Settlement Update: No, They’re Not Paying the SEC in XRP appeared first on Coinpedia Fintech News
As the Ripple vs. SEC case moves forward, rumors are growing on X (formerly Twitter) that Ripple could pay its SEC fine using XRP tokens while the price is still low. Some believe this might happen before ETF approvals and the FedNow launch on July 14. Ripple Paying SEC Fine in Cash, Not XRP However, …
Dogecoin has been among the top-traded tokens, which has been attracting enough liquidity, which has maintained the volatility. Meanwhile, the latest price action has remained stuck within a narrow range, hinting towards a drop in the bullish and bearish pressures. While the spot market remains uncertain, the whales seem to be confident of the upcoming price action as they continue to transfer huge amounts of DOGE but without impacting the DOGE price rally.
As per the data from a popular reporting platform, Whale Alert, an interesting transfer of over 478 million DOGE between two unknown wallets was reported. Another data from Santiment shows these whales have been on a selling spree since the first week of April. Despite the growing selling pressure over the token, the trade setup suggests the Dogecoin (DOGE) price is due for a major breakout, which may clear the path towards $0.2.
The short-term price action of Dogecoin suggests the token is stuck within a decisive symmetrical triangle and is ranging along the support to reach the edge of the consolidation. The Stochastic RSI has reached the upper threshold, while the bears are trying to trigger a bearish crossover. The historical pattern suggests that the RSI could remain around the upper threshold for a while, which may help the price to keep up the bullish momentum.
On the other hand, MACD has turned bullish after the selling pressure was outpowered by a notable increase in the buying pressure. With this, the Dogecoin (DOGE) price is expected to rise and test the resistance of the triangle. Meanwhile, the supporting volume has not yet registered, which may reduce the pace of the rally. However, a rise above $0.17 may validate a rise above bearish influence, and until then, the price is expected to remain consolidated within a narrow range.
The post Dogecoin Squeezing Within a Decisive Phase-Here’s the DOGE Price Prediction for the Upcoming Week appeared first on Coinpedia Fintech News
Dogecoin has been among the top-traded tokens, which has been attracting enough liquidity, which has maintained the volatility. Meanwhile, the latest price action has remained stuck within a narrow range, hinting towards a drop in the bullish and bearish pressures. While the spot market remains uncertain, the whales seem to be confident of the upcoming …
