With Donald Trump stepping into the role of Commander in Chief on Monday, the 
newly established Republican administration faces an array of pressing 
challenges following the profound economic damage wrought under Joe Biden&#8217;s 
tenure. Can Trump Salvage America’s Economic Future? On her final day in 
office, Biden’s Treasury Secretary, Janet Yellen, delivered a dire admonition 
[…]

Trump Inherits Biden’s Economic Time Bomb: Debt Crisis, Inflation, and Global Tensions Await

Melania Trump&#8217;s memecoin launched after Donald Trump&#8217;s official TRUMP token 
reached a $15 billion market cap before falling nearly 30%.

TRUMP crashes 30% as MELANIA launches her own memecoin

MicroStrategy&#8217;s Michael Saylor has hinted at another Bitcoin acquisition in a 
cryptic tweet that also seemingly references President-elect Donald Trump&#8217;s 
inauguration. &#8220;Things will be different tomorrow,&#8221; Saylor tweeted Sunday. The 
statement comes on the heels of MicroStrategy upping its Bitcoin…

Saylor expects ‘things will be different’ on Inauguration Day: Is another Bitcoin purchase in the works?

Many crypto influencers and financial analysts have characterized the TRUMP 
memecoin launch as a new era for capital formation.

'Buy crypto' and 'Solana' search volumes surge amid TRUMP meme frenzy

Dogecoin seems to have finally moved past its extended consolidation phase 
with the return of greed sentiment into the crypto market. Intrestingly, 
technical analysis of the Dogecoin price chart shows that this greed sentiment 
is about to push the meme coin into a parabolic rally that would send it to 
new all-time highs. Related Reading: Dogecoin Bulls Eye $3 As Whales Scoop 200 
Million DOGE In The Last 2 Days This rally is from a projection of the &#8220;Power 
of 3&#8221; concept, with recent price action pushing Dogecoin into the distribution 
phase. Power Of 3 Patterns Point To Bullish Momentum For Dogecoin The Power of 
3 pattern is a technical analysis concept that divides the price cycle into 
three distinct phases of accumulation, manipulation, and distribution. These 
phases are each distinct in their price performance. The accumulation phase, 
which is the first phase of the pattern, is characterized by a consolidation 
around a recent high after a strong upwards price action. Next is the 
manipulation phase, where price action breaks below the support of the 
accumulation phase and starts to trade within a range just below this support. 
The distribution phase is the last phase, which is characterized by a strong 
price breakout in the upward direction as momentum builds and a large number 
of participants enter the market. According to technical analysis of the 
Dogecoin price action by crypto analyst Trader Tardigrade, two consecutive 
Power of 3 patterns have appeared on the DOGE daily chart. The first pattern 
has been fully completed and played out during the months of March to November 
2024, with the ensuing distribution phase pushing Dogecoin to multi-year 
highs. The second pattern began shortly after the first one concluded and is 
now nearing its final stage. The accumulation phase for this pattern lasted 
from early November to mid-December, during which Dogecoin rejected at $0.48 
and began consolidating around $0.48 to $0.4. This was followed by the 
manipulation phase, which persisted from mid-December through the first weeks 
of January after Dogecoin broke below $0.4 Recent positive price movements 
show that Dogecoin has now exited the manipulation phase and is now in the 
distribution phase. If history were to repeat itself, Dogecoin could 
experience another parabolic rally from here, driven by increased market 
participation and growing bullish sentiment. Breaking Out Of Consolidation: 
The 2017 Parallel Trader Tardigrade projected that the distribution phase will 
send the Dogecoin price above its current all-time high of $0.7316 and finally 
above the $1 mark. The final price target is around $1.3, which represents a 
225% increase from the current price. Tardigrade also drew parallels between 
Dogecoin&#8217;s current movement and its price action from 2017. He noted that 
Dogecoin has broken out from a consolidation trendline in a manner similar to 
a breakout before its rally in 2017. If history repeats itself, Dogecoin could 
reach a local peak above $3 in 2025. Related Reading: Bitcoin Reserve In The 
US: 65% Chance It Happens In 2025 At the time of writing, Dogecoin is trading 
at $0.3975. Featured image from Pexels, chart from TradingView

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