Dogecoin (DOGE) Pulls Back — Is A Bounce from $0.1650 Support on the Horizon?
Dogecoin started a fresh increase above the $0.1700 zone against the US Dollar. DOGE is now correcting gains and might find bids near the $0.1650 zone.
DOGE price started a decent upward move above the $0.1700 level.
The price is trading above the $0.1650 level and the 100-hourly simple moving average.
There was a break below a key bullish trend line with support at $0.1760 on the hourly chart of the DOGE/USD pair (data source from Kraken).
The price could start a fresh increase if it clears the $0.1800 resistance zone.
Dogecoin started a fresh increase above the $0.1700 zone against the US Dollar. DOGE is now correcting gains and might find bids near the $0.1650 zone.
DOGE price started a decent upward move above the $0.1700 level.
The price is trading above the $0.1650 level and the 100-hourly simple moving average.
There was a break below a key bullish trend line with support at $0.1760 on the hourly chart of the DOGE/USD pair (data source from Kraken).
The price could start a fresh increase if it clears the $0.1800 resistance zone.
Russia’s Central Bank to Launch Crypto Exchange as Part of BRICS Digital Push
Russia is rolling out a government-backed cryptocurrency exchange—but not for everyday investors. Instead, the platform will be strictly limited to the ultra-wealthy, defined as “super-qualified” individuals holding over 100 million rubles (~$1.2M) in assets or earning more than 50 million rubles (~$600K) annually.
The initiative, jointly developed by the Ministry of Finance and the Central Bank of Russia, marks a dramatic shift in the nation’s approach to crypto. It’s part of a broader effort to legalize digital assets, create a controlled experimental zone, and sidestep mounting Western sanctions.
Russia is rolling out a government-backed cryptocurrency exchange—but not for everyday investors. Instead, the platform will be strictly limited to the ultra-wealthy, defined as “super-qualified” individuals holding over 100 million rubles (~$1.2M) in assets or earning more than 50 million rubles (~$600K) annually.
The initiative, jointly developed by the Ministry of Finance and the Central Bank of Russia, marks a dramatic shift in the nation’s approach to crypto. It’s part of a broader effort to legalize digital assets, create a controlled experimental zone, and sidestep mounting Western sanctions.
Canary Capital Registers Staked SEI ETF in Delaware Amid Growing Institutional Interest
Investment manager Canary Capital has registered a statutory trust for a staked Sei (SEI) exchange-traded fund (ETF) in Delaware. This marks the initial step toward launching the product.
To proceed, the firm will now likely file a Form S-1 registration statement with the US Securities and Exchange Commission (SEC).
Staked SEI ETF in the Works: Canary Capital Registers Trust
According to the official state website, the trust was registered on April 23 under file number 10171975.
Investment manager Canary Capital has registered a statutory trust for a staked Sei (SEI) exchange-traded fund (ETF) in Delaware. This marks the initial step toward launching the product.
To proceed, the firm will now likely file a Form S-1 registration statement with the US Securities and Exchange Commission (SEC).
Staked SEI ETF in the Works: Canary Capital Registers Trust
According to the official state website, the trust was registered on April 23 under file number 10171975.
Best Crypto Presales: The AurealOne Advantage— Gaming, Staking, And Real Ownership
Have you ever wondered how early investors find the next big cryptocurrency? Well, the answer could lie in crypto pre-sales. But what exactly are they?
Crypto pre-sales allow investors to buy tokens at a lower price before they hit the public market. It’s like getting a sneak peek into a promising project, giving you a chance to invest early.
With so many exciting opportunities, how do you decide which ones are worth it? Let’s dive in!
Listed Below are the Best Crypto Pre-sales:
AurealOne (DLUME)
DexBoss (DEBO)
Charlie the Unicorn (CHRLE)
Tiga Coin (TIGA)
LamboCoin (LAMBO)
Have you ever wondered how early investors find the next big cryptocurrency? Well, the answer could lie in crypto pre-sales. But what exactly are they?
Crypto pre-sales allow investors to buy tokens at a lower price before they hit the public market. It’s like getting a sneak peek into a promising project, giving you a chance to invest early.
With so many exciting opportunities, how do you decide which ones are worth it? Let’s dive in!
Listed Below are the Best Crypto Pre-sales:
AurealOne (DLUME)
DexBoss (DEBO)
Charlie the Unicorn (CHRLE)
Tiga Coin (TIGA)
LamboCoin (LAMBO)
US SEC and El Salvador’s CNAD explore tokenization with cross-border trials
The US Securities and Exchange Commission (SEC) is exploring a cross-border approach to digital asset oversight through early-stage discussions with El Salvador’s National Commission of Digital Assets (CNAD).
According to the meeting memo, the SEC is considering launching a regulatory sandbox to test tokenization models under real-world conditions.
The SEC highlighted CNAD’s success in managing diverse tokenization scenarios, ranging from debt instruments to fractional property ownership and leasing contracts. The agency believes analyzing real estate tokenization within this regulatory sandbox could generate key insights on scaling the market safely and effectively.
The US Securities and Exchange Commission (SEC) is exploring a cross-border approach to digital asset oversight through early-stage discussions with El Salvador’s National Commission of Digital Assets (CNAD).
According to the meeting memo, the SEC is considering launching a regulatory sandbox to test tokenization models under real-world conditions.
The SEC highlighted CNAD’s success in managing diverse tokenization scenarios, ranging from debt instruments to fractional property ownership and leasing contracts. The agency believes analyzing real estate tokenization within this regulatory sandbox could generate key insights on scaling the market safely and effectively.
The crypto market is roaring back to life this month. Bitcoin price surged to $93,000, gaining strength after weeks of uncertainty. While it still lags behind its January peak of $109,000, the current bounce signals a strong crypto market recovery trend. The boost came after Donald Trump’s tariff pause, a 90-day suspension of tariffs announced on April 10, 2025, easing investor anxiety and sparking renewed confidence in risk assets. Along with hopes of lower interest rates and a temporary halt in the China trade war, these developments created a perfect setup for a bullish move in crypto.
In a recent Talking Markets interview with Maggie Lake Jeff Dorman, CIO of Arca, laid out a bold vision for where crypto is headed. As Paul Atkins, the new SEC Chair, takes charge, Dorman believes the U.S. has a real chance to become a global crypto superpower. But he warned that the conversation needs to shift away from political noise and focus on the real opportunity: tokenization in finance as a powerful, flexible tool.
In a recent Talking Markets interview with Maggie Lake Jeff Dorman, CIO of Arca, laid out a bold vision for where crypto is headed. As Paul Atkins, the new SEC Chair, takes charge, Dorman believes the U.S. has a real chance to become a global crypto superpower. But he warned that the conversation needs to shift away from political noise and focus on the real opportunity: tokenization in finance as a powerful, flexible tool.
Why Did The Dogecoin And Shiba Inu Prices Surge Over 10%?
The Dogecoin and Shiba Inu prices have seen major price surges over the last few days. In one day alone, both meme coins saw their values skyrocket by more than 10%, putting them on the path to recovering their lost gains from the last few months. As these increases excite investors, let’s take a look behind the curtain and see what it is that has been driving this price recovery.
Donald Trump To Go Easy On China
The crypto market crashes that began in January 2025 were spurred by US President Donald Trump’s tariff wars with other countries, mainly China, that seemingly came out of nowhere. As the president had placed tariffs on China, the country had retaliated with its own tariffs on the US, triggering an all-out tariff war. Additionally, over 180 countries were hit with Trump’s tariffs, sending the market into disarray.
The Dogecoin and Shiba Inu prices have seen major price surges over the last few days. In one day alone, both meme coins saw their values skyrocket by more than 10%, putting them on the path to recovering their lost gains from the last few months. As these increases excite investors, let’s take a look behind the curtain and see what it is that has been driving this price recovery.
Donald Trump To Go Easy On China
The crypto market crashes that began in January 2025 were spurred by US President Donald Trump’s tariff wars with other countries, mainly China, that seemingly came out of nowhere. As the president had placed tariffs on China, the country had retaliated with its own tariffs on the US, triggering an all-out tariff war. Additionally, over 180 countries were hit with Trump’s tariffs, sending the market into disarray.
Dogecoin Price Analysis: Momentum Favors Further Gains
Technical analysis shows that the Dogecoin price is poised to gain 33% to 23 cents in the coming days.
The Dogecoin rally is heavily backed by institutional investors amid anticipated altseason 2025.
Dogecoin (DOGE) price gained 2 percent in the past 24 hours to trade around $0.1814 on Thursday, during the mid-North American trading session. The large-cap memecoin, with a fully diluted valuation of about $26.9 billion and a 24-hour average trading volume of around $1.5 billion, was among the best gainers in the top ten crypto assets.
Top Reasons Why Dogecoin is on the Rise
The Dogecoin’s price rally has heavily been driven by the rising Futures Open Interest (OI). In the past two weeks, Dogecoin’s OI surged from around $1.3 billion to about $2 billion at the time of this writing. Additionally, the Dogecoin network has recorded a significant increase in whale activity, led by fund managers, such as 21Shares, seeking to offer spot DOGE ETF.
Technical analysis shows that the Dogecoin price is poised to gain 33% to 23 cents in the coming days.
The Dogecoin rally is heavily backed by institutional investors amid anticipated altseason 2025.
Dogecoin (DOGE) price gained 2 percent in the past 24 hours to trade around $0.1814 on Thursday, during the mid-North American trading session. The large-cap memecoin, with a fully diluted valuation of about $26.9 billion and a 24-hour average trading volume of around $1.5 billion, was among the best gainers in the top ten crypto assets.
Top Reasons Why Dogecoin is on the Rise
The Dogecoin’s price rally has heavily been driven by the rising Futures Open Interest (OI). In the past two weeks, Dogecoin’s OI surged from around $1.3 billion to about $2 billion at the time of this writing. Additionally, the Dogecoin network has recorded a significant increase in whale activity, led by fund managers, such as 21Shares, seeking to offer spot DOGE ETF.
Citigroup Predicts Stablecoin Market to Reach $3.7 Trillion By 2030
A recent study from the Citi Institute, Citigroup’s research organization, claims that the global stablecoin market could reach as high as $3.7 trillion by 2030. This was its most bullish estimate, but the base case was $1.5 trillion.
It acknowledged a few risks that could lead to a bearish scenario of $0.5 trillion, but the report largely remained optimistic. In any event, this sector could tremendously impact global markets.
Citigroup Is Extremely Bullish on Stablecoins
Citigroup’s researchers had one clear reason to be optimistic about stablecoins: friendly regulation worldwide. The Citi Institute’s report was titled “Digital Dollars.” It called special attention to stablecoins’ growing integration with the US dollar. This could serve as the motor for long-term growth:
A recent study from the Citi Institute, Citigroup’s research organization, claims that the global stablecoin market could reach as high as $3.7 trillion by 2030. This was its most bullish estimate, but the base case was $1.5 trillion.
It acknowledged a few risks that could lead to a bearish scenario of $0.5 trillion, but the report largely remained optimistic. In any event, this sector could tremendously impact global markets.
Citigroup Is Extremely Bullish on Stablecoins
Citigroup’s researchers had one clear reason to be optimistic about stablecoins: friendly regulation worldwide. The Citi Institute’s report was titled “Digital Dollars.” It called special attention to stablecoins’ growing integration with the US dollar. This could serve as the motor for long-term growth:
Cathie Woods' ARK Invest Predicts Bitcoin at $2.4 Million by 2030 Amid Government and Corporate Buying
ARK Invest, led by Cathie Woods, has revised its Bitcoin price predictions for the year 2030, with the bull case scenario now projecting a price of $2
ARK Invest, led by Cathie Woods, has revised its Bitcoin price predictions for the year 2030, with the bull case scenario now projecting a price of $2.4 million per Bitcoin due to expected government and corporate buying. This update reflects an increase from their previous bull case estimate.
The firm's Big Ideas 2025 report also outlines a base case scenario of $1.2 million and a bear case of $500,000 per Bitcoin. These projections are based on anticipated capital inflows from institutional investments, the adoption of Bitcoin as digital gold, and demand from emerging markets.
ARK Invest, led by Cathie Woods, has revised its Bitcoin price predictions for the year 2030, with the bull case scenario now projecting a price of $2
ARK Invest, led by Cathie Woods, has revised its Bitcoin price predictions for the year 2030, with the bull case scenario now projecting a price of $2.4 million per Bitcoin due to expected government and corporate buying. This update reflects an increase from their previous bull case estimate.
The firm's Big Ideas 2025 report also outlines a base case scenario of $1.2 million and a bear case of $500,000 per Bitcoin. These projections are based on anticipated capital inflows from institutional investments, the adoption of Bitcoin as digital gold, and demand from emerging markets.
Bitcoin: Dormant coins wake up after 7 years! – Is $95K closer than ever?
Bitcoin gains strength from whale activity and technicals as $95K breakout edges closer.
Dormant Bitcoin supply jumped 121% YoY as institutional transfers surged above $10M.
Bullish momentum builds as BTC nears liquidation zones and exchange flows rise subtly.
Bitcoin’s [BTC] Q1 2025 performance has turned heads, with over 62,800 BTC—dormant for more than seven years—suddenly moving on-chain.
This marked a staggering 121% year-over-year increase, notably excluding any Mt. Gox-linked transfers. Naturally, this points to organic repositioning by long-term holders.
Their activity often marks a strategic repositioning, possibly driven by macro uncertainty or renewed bullish conviction.
As liquidity tightens, such shifts may precede high-volatility phases. These coins rarely move without intent, so their emergence could signal either exit planning or fresh accumulation.
Bitcoin gains strength from whale activity and technicals as $95K breakout edges closer.
Dormant Bitcoin supply jumped 121% YoY as institutional transfers surged above $10M.
Bullish momentum builds as BTC nears liquidation zones and exchange flows rise subtly.
Bitcoin’s [BTC] Q1 2025 performance has turned heads, with over 62,800 BTC—dormant for more than seven years—suddenly moving on-chain.
This marked a staggering 121% year-over-year increase, notably excluding any Mt. Gox-linked transfers. Naturally, this points to organic repositioning by long-term holders.
Their activity often marks a strategic repositioning, possibly driven by macro uncertainty or renewed bullish conviction.
As liquidity tightens, such shifts may precede high-volatility phases. These coins rarely move without intent, so their emergence could signal either exit planning or fresh accumulation.
The XRP price is once again drawing the attention of analysts, with bold predictions suggesting a potential surge to $6.5. With momentum indicators flashing bullish signals and a key date highlighted, XRP could soon see a 200% rise from current levels to a new all-time high.
A new technical analysis from ‘Cryptarch_,’ a pseudonymous market expert on TradingView, suggests that XRP is on the verge of a major price breakout to $6.5. The analyst marked an ideal entry point at $2.10, paired with a tight stop-loss at $2.00. This strategy reflects strong conviction in XRP’s bullish setup while managing downside risks.
XRP Price Sets Sights On $6.5 ATH
The TradingView analyst shared an XRP price chart, identifying the formation of a Descending Triangle supported by a break in the daily Relative Strength Index (RSI) downtrend. XRP’s RSI has been declining since late 2024, indicating weakening momentum. However, a recent upward cross into bullish territory hints at a possible trend reversal.
A new technical analysis from ‘Cryptarch_,’ a pseudonymous market expert on TradingView, suggests that XRP is on the verge of a major price breakout to $6.5. The analyst marked an ideal entry point at $2.10, paired with a tight stop-loss at $2.00. This strategy reflects strong conviction in XRP’s bullish setup while managing downside risks.
XRP Price Sets Sights On $6.5 ATH
The TradingView analyst shared an XRP price chart, identifying the formation of a Descending Triangle supported by a break in the daily Relative Strength Index (RSI) downtrend. XRP’s RSI has been declining since late 2024, indicating weakening momentum. However, a recent upward cross into bullish territory hints at a possible trend reversal.
A fresh wave of calls has turned Bitcoin’s options market into a coiled spring.
As Bitcoin's options open interest sees a dramatic surge, traders are opting for convex positions, signaling a potential storm on the horizon. The $100,000 strike teems with call contracts, revealing a trend toward bullish bets despite Bitcoin's recent dip from its highs. With the options-to-futures open-interest ratio climbing to new heights, the market braces for amplified volatility. Could this setup nudge Bitcoin to the mythical $100,000 level, or is a downturn looming as it tests the waters?
As Bitcoin's options open interest sees a dramatic surge, traders are opting for convex positions, signaling a potential storm on the horizon. The $100,000 strike teems with call contracts, revealing a trend toward bullish bets despite Bitcoin's recent dip from its highs. With the options-to-futures open-interest ratio climbing to new heights, the market braces for amplified volatility. Could this setup nudge Bitcoin to the mythical $100,000 level, or is a downturn looming as it tests the waters?
Ethereum Explodes As Active Addresses Surge In Just 48 Hours
etween Apr. 20 and Apr. 22, Ethereum (ETH) saw its number of active addresses rise from 306,211 to 336,366—a 9.85% increase in just 48 hours.
The data, shared by CryptoQuant analyst Carmelo Alemán, linked the spike to growing activity across the Ethereum network.
Active addresses refer to unique wallets sending or receiving transactions. A short-term increase in this metric typically reflects heightened user engagement or interest in the network.
etween Apr. 20 and Apr. 22, Ethereum (ETH) saw its number of active addresses rise from 306,211 to 336,366—a 9.85% increase in just 48 hours.
The data, shared by CryptoQuant analyst Carmelo Alemán, linked the spike to growing activity across the Ethereum network.
Active addresses refer to unique wallets sending or receiving transactions. A short-term increase in this metric typically reflects heightened user engagement or interest in the network.
Slovenia’s capital of Ljubljana ranked as world’s most crypto-friendly city
Ljubljana, Slovenia, has taken the spot as the world’s most crypto-friendly city, beating out well-known crypto hubs Hong Kong and Singapore.
The capital city of Slovenia — Ljubljana — has been named the world’s most crypto-friendly city by migration advisory firm Multipolitan.
The city outranked runners-up Hong Kong and Switzerland’s economic powerhouse Züric, which scored the same in the Crypto-Friendly Cities Index, found in its 2025 Crypto Report.
The index featured 20 cities and ranked their crypto-friendliness based on their regulations, tax environment, lifestyle factors and digital and crypto infrastructure.
Multipolitan said its evaluation included weighing areas such as a city’s licensing frameworks, capital gains tax rates, GDP per capita, housing affordability and internet speeds.
Ljubljana, Slovenia, has taken the spot as the world’s most crypto-friendly city, beating out well-known crypto hubs Hong Kong and Singapore.
The capital city of Slovenia — Ljubljana — has been named the world’s most crypto-friendly city by migration advisory firm Multipolitan.
The city outranked runners-up Hong Kong and Switzerland’s economic powerhouse Züric, which scored the same in the Crypto-Friendly Cities Index, found in its 2025 Crypto Report.
The index featured 20 cities and ranked their crypto-friendliness based on their regulations, tax environment, lifestyle factors and digital and crypto infrastructure.
Multipolitan said its evaluation included weighing areas such as a city’s licensing frameworks, capital gains tax rates, GDP per capita, housing affordability and internet speeds.
Federal Reserve Eases Crypto Rules for U.S. Banks
The U.S. Federal Reserve has officially rolled back key rules that once restricted how banks engage with cryptocurrencies and dollar-backed tokens. The move marks a significant step toward easing regulatory pressure and signals growing openness to digital asset innovation within the U.S. banking system.
Why Is the Federal Reserve Pulling Back Its Crypto Rules?
The FED has withdrawn its 2022 guidlines that required state-chartered banks to notify the Board before offering crypto-related services. Under the new direction, banks no longer need to send advance notices. Instead, the Fed will oversee crypto activities through its usual supervisory processes—just like any other banking service.
The U.S. Federal Reserve has officially rolled back key rules that once restricted how banks engage with cryptocurrencies and dollar-backed tokens. The move marks a significant step toward easing regulatory pressure and signals growing openness to digital asset innovation within the U.S. banking system.
Why Is the Federal Reserve Pulling Back Its Crypto Rules?
The FED has withdrawn its 2022 guidlines that required state-chartered banks to notify the Board before offering crypto-related services. Under the new direction, banks no longer need to send advance notices. Instead, the Fed will oversee crypto activities through its usual supervisory processes—just like any other banking service.
Movement of 7+ Year Old Bitcoins Surges 121% as BTC Soars
A massive wave of long-dormant Bitcoin is stirring, with on-chain data showing a 121% increase in the movement of BTC aged over seven years in the first quarter of 2025.
According to blockchain analytics firm CryptoQuant, approximately 62,800 BTC that had remained untouched for over seven years were transferred between January and March, compared to just 28,000 BTC during the same period in 2024.
Notably, this activity, which excludes the highly publicized 141,000 BTC linked to the Mt. Gox estate transfers in May 2024, represents a significant shift in behavior among long-term holders. By filtering out Mt. Gox’s court-mandated movements, the data provides a clearer picture of organic changes in investor sentiment.
A massive wave of long-dormant Bitcoin is stirring, with on-chain data showing a 121% increase in the movement of BTC aged over seven years in the first quarter of 2025.
According to blockchain analytics firm CryptoQuant, approximately 62,800 BTC that had remained untouched for over seven years were transferred between January and March, compared to just 28,000 BTC during the same period in 2024.
Notably, this activity, which excludes the highly publicized 141,000 BTC linked to the Mt. Gox estate transfers in May 2024, represents a significant shift in behavior among long-term holders. By filtering out Mt. Gox’s court-mandated movements, the data provides a clearer picture of organic changes in investor sentiment.
INIT crypto surges 36% post-launch, edging towards $1 as volume explodes over 45,000%
Initia (INIT) price has surged 36% in the past 24 hours, currently trading at $0.90, with trading volume surging by over 45,000% . The rally is fueled by major exchange listings, with the most recent addition being Gate.io, offering both spot and perps.
The project is fresh out of Binance Launchpool, launching yesterday after 6-day farming period through staking USD Coin USDC
Binance Coin (BNB), or FDUSD, where 3% of the total supply was allocated for rewards. Additionally, 5% of the supply is reserved for airdrops for early users and testers, with the latest airdrop still ongoing and set to conclude at 23:59 UTC today.
The project is gaining massive momentum as evidenced by both price action and volume. According to Lookonchain, a trader went long on INIT about 16 hours ago with 2x leverage at an average price of $0.638 and is now sitting on an unrealized profit of over $630K.
Initia (INIT) price has surged 36% in the past 24 hours, currently trading at $0.90, with trading volume surging by over 45,000% . The rally is fueled by major exchange listings, with the most recent addition being Gate.io, offering both spot and perps.
The project is fresh out of Binance Launchpool, launching yesterday after 6-day farming period through staking USD Coin USDC
Binance Coin (BNB), or FDUSD, where 3% of the total supply was allocated for rewards. Additionally, 5% of the supply is reserved for airdrops for early users and testers, with the latest airdrop still ongoing and set to conclude at 23:59 UTC today.
The project is gaining massive momentum as evidenced by both price action and volume. According to Lookonchain, a trader went long on INIT about 16 hours ago with 2x leverage at an average price of $0.638 and is now sitting on an unrealized profit of over $630K.
Trump memecoin team highlights $420 price for Dinner with the President, then it tripled
The Donald Trump memecoin project has clarified the rules of its newly launched competition, which gives holders a chance to attend a private dinner with the US president.
On April 23, the team behind the TRUMP token announced that the top 220 holders would receive invites to an exclusive dinner set for May 22. They added that the top 25 participants will also gain access to a special VIP reception and a guided tour of the
Early reports estimated that participants would need to hold over $395,000 worth of the TRUMP token to qualify.
However, the project team has pushed back against figures, stating that contenders do not need to spend hundreds of thousands of dollars to qualify. The team also rejected claims that locked tokens would be released to influence the competition.
The Donald Trump memecoin project has clarified the rules of its newly launched competition, which gives holders a chance to attend a private dinner with the US president.
On April 23, the team behind the TRUMP token announced that the top 220 holders would receive invites to an exclusive dinner set for May 22. They added that the top 25 participants will also gain access to a special VIP reception and a guided tour of the
Early reports estimated that participants would need to hold over $395,000 worth of the TRUMP token to qualify.
However, the project team has pushed back against figures, stating that contenders do not need to spend hundreds of thousands of dollars to qualify. The team also rejected claims that locked tokens would be released to influence the competition.
Dogecoin Sets Sight On A New All-Time High – Here’s Where This Major Rally Will Begin
Dogecoin’s recent upward trend witnessed a brief setback on Thursday as its price dropped to levels below $0.17. However, the dog-themed meme coin has regained its footing and has rebounded slightly above $0.18 within hours, reflecting its robust resilience. With DOGE showing notable upside momentum, many enthusiasts continue to point to an extension of the ongoing rally to higher price levels.
DOGE Gearing Up For A Bigger Rally
At the time of writing, DOGE’s price has risen to the $0.18 mark with a strong rebound. Meanwhile, Memecrypto, a crypto analyst and trader, claims that Dogecoin looks like it might be starting something bigger from the current $0.18 level.
According to the expert, Dogecoin‘s momentum is not random and structure is building naturally, indicating a breakout from consolidation. This breakout is observed through the lens of momentum and Exponential Moving Averages (EMAs).
Dogecoin’s recent upward trend witnessed a brief setback on Thursday as its price dropped to levels below $0.17. However, the dog-themed meme coin has regained its footing and has rebounded slightly above $0.18 within hours, reflecting its robust resilience. With DOGE showing notable upside momentum, many enthusiasts continue to point to an extension of the ongoing rally to higher price levels.
DOGE Gearing Up For A Bigger Rally
At the time of writing, DOGE’s price has risen to the $0.18 mark with a strong rebound. Meanwhile, Memecrypto, a crypto analyst and trader, claims that Dogecoin looks like it might be starting something bigger from the current $0.18 level.
According to the expert, Dogecoin‘s momentum is not random and structure is building naturally, indicating a breakout from consolidation. This breakout is observed through the lens of momentum and Exponential Moving Averages (EMAs).