DOGE set for bullish breakout as Cardano and TradFi altcoin pick up steam

A crypto analyst predicts a bullish breakout for Dogecoin, while Cardano and FXGuys show potential for significant gains. Explore the next big altcoin opportunities.

Cryptocurrency analyst and trader Ali Martinez, well-known for his technical insights on the X platform, recently shared his optimistic outlook for Dogecoin (DOGE). 

Martinez, an expert in identifying price movements in the crypto market, has sparked interest in the community by predicting a potential breakout for the largest meme cryptocurrency by market cap.

In his latest update, Martinez pointed out key indicators that traders should watch closely if they want to profit from Dogecoin’s next price move. There are also other promising assets like FXGuys that could take off in 2025. 

Dogecoin eyes a bullish breakout

On September 18, Martinez tweeted that Dogecoin is showing signs of a bullish breakout, providing two crucial signals for traders to monitor. 

According to Martinez, the first signal is the RSI (Relative Strength Index), breaking a descending trendline on the daily chart. This indicates growing momentum and suggests that Dogecoin may soon gain enough strength to challenge its next resistance level.

The second key signal, as per Martinez, is Dogecoin’s ability to break through the $0.11 resistance level. If DOGE surpasses this barrier, Martinez expects the price to climb. Specifically, he predicts that Dogecoin could surge from its current price of $0.10470 to over $0.14500, representing a potential 41% price increase.

While Dogecoin has seen a price drop of more than 8% in recent weeks—falling from $0.1088 to just below the $0.10 mark—it has recently shown signs of recovery. Over the past two days, DOGE has risen by approximately 4.55%, climbing back to $0.10470. 

Upward momentum, coupled with Martinez’s analysis, has renewed optimism among Dogecoin traders waiting for the right moment to capitalize on the following price spike.

FXG shows bullish potential: The next altcoin to watch

While Dogecoin is drawing attention for a potential price rally, another altcoin is gaining momentum: FXG, the native token of FXGuys. FXGuys is a decentralized forex trading platform making waves in the crypto space due to its unique combination of DeFi principles and traditional forex brokerage.

One of FXGuys’s standout features is its Trade2Earn model, which allows users to earn FXG tokens with every trade. This provides continuous value for traders, who can accumulate tokens while engaging in their usual trading activities. 

Additionally, FXGuys offers a prop firm funding program, enabling talented traders to access capital and leverage, further boosting their earning potential.

The tokenomics of FXG are also a key factor in its bullish outlook. With a total supply of 835 billion tokens, FXG has been strategically allocated to support marketing, staking rewards, and liquidity. 

Currently, FXG is available in its Stage1 presale round for $0.03 per token. This early-stage price offers a significant opportunity for investors, as the token is expected to launch at $0.10, representing a huge potential return on investment for those participating in the presale.

Cardano poised for a rally

In addition to FxGuys, another cryptocurrency generating buzz is Cardano (ADA). After a prolonged period of subdued price action, Cardano holders finally have something to celebrate. According to price predictions from leading analysts, ADA could be gearing up for a significant rally.

Technical indicators suggest that Cardano might attempt to break through the $0.5 level in the coming days, driven by its improving RSI (14). If buying pressure increases, the cryptocurrency could continue its upward trajectory and push through its next major resistance level at $0.6.

The long-term prospects for Cardano are also looking brighter, thanks to ongoing developments within its ecosystem. One major improvement bolstering ADA’s potential is the Iagon bridge, which facilitates the movement of assets between Cardano and Ethereum. 

An interoperability enhancement strengthens Cardano’s ecosystem and opens up new possibilities for decentralized applications (dApps) and cross-chain interactions, making Cardano a more attractive option for investors and developers alike.

Conclusion: Altcoins to watch as markets heat up

As the cryptocurrency market enters a renewed activity, altcoins like Dogecoin, Cardano, and FXG are emerging as key opportunities for investors. 

Dogecoin’s potential breakout and strong community backing make it a compelling option for traders looking for short-term gains. Similarly, Cardano’s expanding ecosystem and technical indicators suggest that ADA could be on the verge of a rally, offering long-term growth potential.

However, FXG stands out due to its innovative platform, unique features, and lucrative presale opportunity. With predictions of massive gains for early investors, FXG is quickly becoming one of the most talked-about tokens in the altcoin space.

To learn more, visit FXGuys and view the platform, USE PROP10 FOR 10% BONUS and join the FXG Community