Crypto majors crumbled in early Monday session as financial markets reacted to President Trump’s decision to impose hefty tariffs on its key trade partners. While the risk-off mood pushed the digital assets to multi-month lows, savvy investors saw an opportunity to ‘buy the dip’. Subsequently, the likes of Ripple and Bitcoin have recorded impressive rebounds with the latter getting back above the psychologically crucial zone of $100,000.
Meanwhile, crypto projects in innovative subsectors are reaping big from the positive market sentiment and appetite for revolutionary projects. Dogizen, a new kid on the block in GameFi is set for explosive success asit leverages on Telegram’s wide reach and the expected pro-crypto environment.
With less than a week left before it hits the open market, DOGIZ tokens are on high demand. Crypto enthusiasts acknowledge that its current price may be the lowest the project ever reaches on its path to explosive growth.
Ripple price impressive rebound as investors buy the dip
Earlier on Monday, Ripple price extended its losses from the previous session; plunging below the ascending trendline connecting several of its lows since mid November 2024. It has dropped to a two-month low at $1.7610 before reversing some of those losses to trade at $2.6902 as at the time of writing.
Similar to most other cryptocurrencies, ripple price was reacting to President Trump’s decision to impose 25% tarriffs on imports from its key trading partners; Canada and Mexico. He has also signed an order imposing a 10% duty on goods from China as from 4th February.
Following the rebound, the altcoin has gone back to trading above the medium-term 50-day EMA even as it remains below the short-term 20-day EMA. At its current level, it will likely find support along the 50-day EMA at $2.6255 as the bulls gather enough momentum to break the resistance along the 20-day EMA at $2.9000. Notably, this thesis will hold for a long as ripple price remains above the crucial zone of $2.5000.
Dogizen enters the home stretch as a broad playing field awaits
Dogizen is on its home stretch with the presale slated to end on Friday, 7th February. In a span of 4 months, the project has already raised $3.86 million.
With this trend, it will likely surpass its target as more savvy investors rush to amass some Dogiz tokens in time. With its apt timing and immense growth potential, its current price of $0.000085 may be the lowest it will ever get to.
As a small-cap cryptocurrency, it has a wider room
