Solana May Extend Gains as Dogecoin Rises Amid Fed Rate-Cut Odds, Charts Suggest

Binance 20% Trading Fee Rebate

  • Altcoins rebound: Altcoin Season Index hits 80; Fear & Greed at 53.

  • Fed rate-cut odds near 89% are turning cash in money market funds toward risk assets.

  • Technicals: DOGE RSI 60, ADX 26; SOL RSI 65, ADX 33—bullish but watch for short corrections.

Dogecoin price and Solana price surge amid Fed rate-cut bets; read key levels, indicators, and trade ideas. Stay informed with COINOTAG analysis—act wisely.

What is driving the Dogecoin price and Solana price during “Red September”?

Dogecoin price and Solana price strength is driven by rising risk appetite as markets price a likely Federal Reserve rate cut, stronger altcoin season signals, and bullish technical setups. These factors front-load buying interest, but short-term corrections remain possible.

How are macro and sentiment indicators influencing altcoin momentum?

Macro data—core inflation at 2.9% and unemployment at 4.2%—gives the Federal Reserve cover to ease policy. Markets imply a high probability of a 0.25% cut at the September meeting, encouraging flows from roughly $7 trillion in money market funds into risk assets.

‘,

🚀 Advanced Trading Tools Await You!
Maximize your potential. Join now and start trading!

‘,

📈 Professional Trading Platform
Leverage advanced tools and a wide range of coins to boost your investments. Sign up now!


];

var adplace = document.getElementById(“ads-bitget”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex;
adplace.innerHTML = adscodesBitget[adsindex];
sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBitget”, sessperindex);
}
})();

Sentiment gauges confirm the shift: the Altcoin Season Index at 80 and the Crypto Fear and Greed Index at 53 show increasing bullishness. Prediction markets (Myriad, mentioned as a public prediction market) are placing higher odds on Solana milestones, reflecting retail and derivatives positioning.

How is Dogecoin performing technically and what are the key levels?

Dogecoin is trading above its 50-day and 200-day EMAs, showing a bullish divergence. Short-term momentum measures support upside but suggest near-term volatility.

  • Price snapshot: trading near $0.2649 after an 11% weekly rise and ~5% 24-hour dip.
  • RSI: 60 — bullish momentum, not overbought.
  • ADX: 26 — a trending environment is established.
  • EMA structure: 50-day above 200-day — bullish divergence.

Key Levels:

  • Immediate support: $0.25
  • Strong support: $0.22 (psychological)
  • Immediate resistance: $0.28214
  • Strong resistance: $0.30000

How is Solana performing technically and what are the key levels?

Solana price is showing a bullish medium-term setup following a golden cross and sustained trading above key EMAs, though momentum indicators warn of a possible short dip.

‘,

🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!

‘,

💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!


];

var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();

Immediate Dogecoin support sits near $0.25 with resistance around $0.28214; Solana support is near $218 with immediate resistance at $244.08. Use these levels for stop placement and targets.

Markets pricing an 89% chance of a 0.25% Fed rate cut increases liquidity and risk appetite, helping push flows from money market funds into stocks and crypto, supporting altcoin rallies.


];

var adplace = document.getElementById(“ads-htx”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex;
adplace.innerHTML = adscodesHtx[adsindex];
sessperindex = adsindex === adscodesHtx.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexHtx”, sessperindex);
}
})();

Source: https://en.coinotag.com/solana-may-extend-gains-as-dogecoin-rises-amid-fed-rate-cut-odds-charts-suggest/