Crypto Analyst Says Dogecoin Price Is ‘Parabolic Coded’ To $1, Here’s What It Means

Ripple is set to expand its operations with a $4 billion investment aimed at integrating cryptocurrency with traditional financial systems, specifically targeting Wall Street. The company plans to offer a suite of services including custody, prime brokerage, treasury, and stablecoins, enabling institutions to function similarly to banks but utilizing crypto infrastructure. This expansion is significant as it represents a growing acceptance of cryptocurrency in mainstream finance, potentially reshaping how institutions engage with digital assets.

Dogecoin is experiencing its toughest quarter yet, struggling to maintain the $0.17 support level amid bearish sentiment and significant selling pressure, with a decline of over 3% this week. Despite this, analysts suggest that a potential rally could be on the horizon, as some mid-tier investors are accumulating nearly 5 billion coins, indicating possible volatility ahead.

The yield gap between cryptocurrency and traditional finance (TradFi) is narrowing, driven by the rise of stablecoins, staking tokens, and real-world assets (RWAs). This trend has been significantly supported by the historic approval of the US GENIUS Act in July 2025, which has facilitated new avenues for yield generation in the crypto space. As these financial instruments gain traction, they are helping to bridge the gap that has traditionally existed between the two sectors, making crypto investments more appealing and potentially increasing their adoption.

Dogecoin's price remains steady at $0.15 as traders observe the formation of a Three Drives pattern, suggesting a potential bullish reversal. This consolidation phase is significant as it may indicate a bottoming out for the cryptocurrency, attracting interest from investors looking for upward momentum.

Elon Musk's recent post on X, titled 'It's Time', has sparked a resurgence in the Dogecoin market, leading to increased interest and activity in the cryptocurrency. In response to this surge, Mint Miner has introduced a new cloud computing power contract for Dogecoin, priced at $5,900 per day. This development highlights the significant influence Musk has on cryptocurrency trends and the potential for companies like Mint Miner to capitalize on market fluctuations. The event underscores the dynamic nature of the cryptocurrency landscape and the interplay between social media and market movements.

Crypto analyst Balo predicts that Dogecoin is set for a price rally, potentially surpassing its all-time high of $0.74 and reaching $0.8. Despite current bearish trends, he notes that Dogecoin has consistently made higher lows, indicating a bullish trend. This prediction is significant as it offers investors an opportunity to accumulate before the anticipated surge.

BetPlays has launched a new online gaming platform that integrates cryptocurrency, offering over 4,000 casino games and fast payments. This initiative aims to redefine the online gaming experience for a global audience, enhancing security and trust in the rapidly growing gaming market.

In October, the cryptocurrency market faced a downturn, with prices falling unexpectedly. As November approaches, speculation arises about whether ETH USD could reach $10,000, reflecting a potential recovery. This situation highlights the volatility of the crypto market and the ongoing search for profitable opportunities.