Crypto's September Surprise: Dogecoin and Solana Buck the Trend
USATue Sep 16 2025
Crypto investors are feeling hopeful as Dogecoin and Solana show strong gains, defying the usual September slump. The Altcoin Season Index hit 80 points, its highest in 2025, while the Crypto Fear and Greed Index rose to 53, showing growing confidence.
On Wall Street, the S&P 500 and Nasdaq hit record highs, with the S&P 500 up 0. 85% and the Nasdaq up 0. 72%. This boosts the mood for riskier investments, like crypto. The Federal Reserve is expected to cut interest rates by 0. 25% at their September meeting, which could free up about $7 trillion from money market funds into riskier assets.
Dogecoin has surged over 11% in the past week, but today it dropped about 5%, trading at $0. 2649. Despite this dip, technical indicators like the RSI and ADX suggest strong momentum. The RSI is at 60, indicating bullish momentum but not overbought territory. The ADX at 26 confirms a strong trend. Support levels are at $0. 25 and $0. 22, with resistance at $0. 28214 and $0. 30000.
Solana is also performing well, up nearly 10% since last Monday, trading around $232 with a market cap above $126 billion. The token peaked at $244. 08 before consolidating. Technical indicators like the RSI and ADX show strong momentum, with the RSI at 65 and the ADX at 33. Support levels are at $218 and $207, with resistance at $244. 08 and $260. 00.
Investors are optimistic about Solana's future, with a 90% chance it hits $250 before dropping to $130, and a 59% chance it reaches a new all-time high above $294 this year.
https://localnews.ai/article/cryptos-september-surprise-dogecoin-and-solana-buck-the-trend-47680632
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If Dogecoin and Solana were people, what would their dating profiles look like?
Is the Federal Reserve's potential interest rate cut a ploy to drive more investment into crypto?
What are the potential consequences of a sudden correction in the crypto market on Dogecoin and Solana?
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