Blockchain News

Arthur Hayes, the co-founder of BitMEX who now runs the family-office-style fund Maelstrom, believes the macro cocktail that ignited Bitcoin’s six-fold advance from late 2022 into early 2025 is being mixed again. Speaking on the “Forward Guidance” podcast just minutes after a market-soothing Trump press conference, Hayes said the present environment “feels like November 2022.” Can Bitcoin Increase Sixfold Again? In Hayes’s telling, the fulcrum of the next impulse is not the Federal Reserve but the US Treasury. “People forgot about the other side of the equation,” he argued. “Yellen printed two-and-a-half trillion dollars just by switching issuance to bills, and now Scott Bessent is talking about Treasury buybacks—another form of stealth quantitative easing that needs no input from the Fed.” Hayes cited his own arithmetic from the previous episode: between September 2022 and early 2025, Bitcoin rose roughly 6x while the Fed’s balance sheet was ostensibly shrinking, a move he attributes almost entirely to Treasury-engineered liquidity. Related Reading: Bitcoin Explodes Above $94,000 — What’s Igniting The Fire? That dynamic, he contends, has returned. The Trump administration’s initial “maximalist” tariff schedule, announced in mid-April and aimed at slashing the US current-account deficit, triggered a brief but violent sell-off in bonds and equities before Trump began “concession after concession.” The rapid policy retreat, Hayes said, confirms that “the American financial system is so highly levered it couldn’t take one week” of trade hardball. To him, that single week exposed the political impossibility of fiscal retrenchment and made additional money creation inevitable. “They can call it whatever they want—just don’t call it QE—but it has the same effect: liquidity rises and Bitcoin benefits.” Hayes’s decoupling thesis rests on arithmetic as much as narrative. If tariffs do trim the current-account gap, the mirror-image financial-account surplus must also fall, reducing foreign demand for US mega cap stocks. “Mathematically, if Trump is serious, foreigners have to sell stocks. Period,” he said. In that world, Bitcoin’s flows are driven not by equity beta but by a global scramble for neutral stores of value amid escalating currency and trade friction. He expects “US-tech exceptionalism” to fade just as Bitcoin’s structural bid strengthens. Related Reading: Bitcoin Spot Volume Nearly Triples As BTC Breaks $91,000 The former BitMEX chief also sees a latent tail-risk in Japan. A stronger yen, encouraged by Washington to help weaken the dollar, could force Japanese investors to unwind enormous USD carry trades, dumping Treasuries and pushing yields toward levels that would “corner the Fed into covert curve control.” Any volatility spike of that kind, Hayes noted, historically elicits a rapid-fire response from the Federal Reserve—even if it arrives cloaked as a new alphabet facility rather than outright bond-buying. “Every time bond-market volatility spikes, the Fed does something,” he remarked. “It might not be QE in the traditional form, but it leads to the same outcome.” Throughout the hour-long conversation Hayes returned to November 2022 as the template. Back then, markets were reeling from the aftermath of FTX and bond yields were surging, yet Bitcoin began a relentless grind upward as the Treasury tapped the reverse-repo basin for fresh cash. Today, he sees an echo: “This feels like November 2022,” he told host Felix Jauvin. “Shit’s going up.” While Hayes stopped short of naming a price target, the implication was clear. In 2022–25 the stealth-liquidity wave took Bitcoin from roughly $16,000 to above $100,000. With Besson’s buyback machinery “ready to go” and political appetite for austerity already exhausted, Hayes says the stage is set for a sequel. At press time, BTC traded at $92,559. Featured image created with DALL.E, chart from TradingView.com

Cardano (ADA) may experience explosive price appreciation in the near future, with some experts projecting more than 1,000% gains, based on recent market movements. The cryptocurrency, which is currently valued at $0.64, may be on the verge of a major breakthrough if current trends continue. Related Reading: XRP Price Prognosis: Analyst Sees $14 In Spite Of Current Troubles Technical Trends Indicate Hope For ADA After not following through above a symmetrical triangle on Monday, Cardano has now broken above this significant pattern. Initial reports predicted this breakout would trigger a 25% rise to $0.80 in the short term. The token has lagged behind lately, 50% off its 2023 high of $1.327 and 80% below its all-time high of $3.16. Crypto analyst Deezy on X called on ADA investors to stay calm in times of present price volatility. His projection is based on a possible 1,000% spike that would bring the price to a record $7.09. Cardano is on pace for 1000% gains Just be patient and HODL pic.twitter.com/aKp0L7fmNT — Deezy (@deezy_BTC) April 21, 2025 Historical Cycles Back Bullish Prediction Deezy’s forecast is based on Cardano’s past market cycles. From his analysis, ADA has previously reached its high on an uptrend line that has continued since its market introduction. This pattern was replicated in January 2018, when the token reached $1.31 again in August 2021 when it attained a record-breaking high of $3.1. If history were to repeat, one can see trendline resistance sitting at about $7.09, granting a 10-fold reward from current prices for Cardano. Multiple Analysts See Upward Path Meanwhile, market expert Crypto Patel said that Cardano is still alive and kicking and foresees a massive rally to $5. Patel says the setup for such growth is easy but warns that patience will be required. His technical insight depicts ADA trading within an ascending channel, and price action like what fueled its rally to the 2021 all-time high. Patel sets a key support at $0.45 and paints an accumulation period between $0.45 and $0.65 before potentially rallying to three targets at $2, $4, and $6. Related Reading: Pi Network Frenzy Builds: $5 Prediction As Whales Take Out Millions Near-Term Forecast More Conservative Long-term prospects are very favorable, yet shorter-term expectations point to modest growth, with current technicals supporting Cardano’s rise by 18% to $0.75 by May 22, 2025. As per the current evaluation, the market sentiment on ADA is considered neutral at 54 on the Fear & Greed Index. In the last 30 days, Cardano had 15 up days (50% of the time), with price volatility remaining at 7.20%. These contrasting projections highlight that such speculation is rampant in crypto markets as analysts are reading different signals from the same price charts. While some look forward to record growth, others see it giving them tiny rewards in the near term. Featured image from Unsplash, chart from TradingView

April 22, 2025

This might be your last chance to buy Bitcoin below $100K, says Arthur Hayes, the co-founder of BitMEX. Hayes also hinted at an incoming treasury buyback, which might just be the catalyst Bitcoin needs. $BTC has gained around 3% during the last two days and has crossed the resistance at $87K. With increasing whale activity and strong technicals, $BTC may soon reach the much-talked-about $132K level. Want to make the most out of this Bitcoin rally? Read on as we’ll suggest the top new crypto you can buy to potentially make a fortune. Increase in Money Supply Haynes said that a treasury buyback might be around the corner. When the government buys back issued bonds from the open market, it puts more money in the hands of investors, mostly institutional traders. Will this money lie idle? No. It will flow into assets like stocks, mutual funds, ETFs, and cryptos. But why do we say that this increasing money supply may flow into Bitcoin? You’d only need to look at the US Dollar Index for answers. The index has reached its lowest since March 2022. The weakening dollar reflects the fear of broader market inflation and dipping confidence in fiat money and, hence, traditional investment tools. In times like these, money tends to flow towards safe-haven assets like gold and $BTC. Gold is already trading at around $3,483 an ounce – the highest it has ever been. And $BTC may follow suit sooner than later. Whales Gobbling up $BTC Even during the sluggish two-month period, whales have been slowly accumulating $BTC at lower prices. Data from Glassnode shows that the number of whale addresses with more than 1K $BTC has surpassed 2,100. 60 new whale addresses were added in just the last two months, as $BTC consolidated between $88K and $76K. Even the $BTC chart now looks stronger. The recent upward movement has meant that it has broken out from a descending wedge pattern and is now trading above the 50 EMA. By the looks of it, $BTC may retest the $91.2K level before moving towards $100K. As we mentioned earlier, you may never get a chance to buy $BTC below $100K again. If you want to grab the bull by its horns, here are the best cryptos to buy now. 1. BTC Bull Token ($BTCBULL) – Best New Crypto to Buy Right Now BTC Bull Token ($BTCBULL) is the best low-cap crypto coin to buy right now. It won’t just follow Bitcoin’s bullish trend but could also generate greater returns than the king cryptocurrency. Where you’d need thousands of dollars in investment to eke out something sizable out of Bitcoin’s rally, one $BTCBULL is available for just $0.002475. Plus, our BTC Bull Token price prediction suggests it could shoot up by nearly 400% and reach $0.0096 by 2026. Can $BTC rise by 400% in the same timeframe? Unlikely. BTC Bull Token is perhaps the most unique Bitcoin-themed meme coin. That’s because it’s the only one offering free $BTC airdrops to its token holders. $BTCBULL owners who hold their tokens in Best Wallet will be rewarded with real $BTC every time the latter reaches a new landmark, such as $150K, $200K, and $250K. Additionally, the developers have also planned to burn away a part of the total token supply every time Bitcoin climbs up by $25K. These token burns will boost $BTCBULL’s demand, and early buyers will ultimately benefit from the potential price increase. Despite being a young presale, BTC Bull Token has already amassed over $4.8M in funding. Check out our guide on how to buy $BTCBULL to learn the ropes around the purchase process. 2. Solaxy ($SOLX) – Top New Altcoin Building the First-Ever Layer-2 on Solana Solaxy ($SOLX) is another crypto presale with the potential to 1,000x your investment in only a few months. The token is predicted to surge past $0.20 by 2030 on account of its revolutionary mission and mind-blowing presale performance so far. Solaxy plans to build the first-ever Layer-2 solution on Solana, which is in dire need of it thanks to its recent struggles with scalability. Solaxy has been designed to blend Ethereum’s liquidity and Solana’s speed to offload a sizable part of Solana’s transactions onto a side chain. This will give the network’s mainnet a much-needed breather. In addition to solving Solana’s problems, Solaxy also aims to enhance the blockchain’s strengths. Simply put, Solaxy will boost Solana’s affordability by processing transactions in batches – and not one by one. A gateway to the future of meme coins, DeFi, and multi-chain environments, it’s no wonder Solaxy has raised over $31M in presale funding. You can join the gravy train for just $0.001702 – the price of one $SOLX. Here’s how to buy it. 3. FirstBroccoli ($BROCCOLI) – Brand-New Meme Coin Dominating the Top Gainers List Launched in February 2025, FirstBroccoli ($BROCCOLI) has been among the top trending cryptos ever since its debut. It’s up nearly 200% in the last 30 days, including 46% in just the last week. These are promising signs that the token could continue to rally higher. $BROCCOLI, in case you didn’t know, is a meme coin inspired by the pet dog of Binance’s ex-CEO, Changpeng ‘CZ’ Zhao, who’s a crypto legend. The $BROCCOLI mania started as soon as CZ revealed his dog’s name and picture on X. Shortly before that, CZ engaged in a discussion on X, where he appeared to be on board with the idea of meme coins. He even said that he’d entertain the idea of launching a meme coin based on his dog, Broccoli. Well, CZ didn’t, but crypto degens were quick to grab the opportunity with both hands. FirstBroccoli, which was one of the first $BROCCOLI tokens, benefited the most – it’s up over 2,300% in total. Time for the Best New Crypto to Shine? With Bitcoin being backed by governments and large institutions alike, the likelihood of another $BTC rally is higher than ever. However, while a Bitcoin bull run has traditionally resulted in huge gains for fundamentally strong tokens like the ones above, there are, unfortunately, no guarantees in crypto. The market is too volatile and dynamic for that. That’s why we recommend starting small – you can always scale in later once your selected cryptos show strength. Bear in mind, though, that you must always do your own research. None of the above is financial advice.

The cryptocurrency market thrives on pivotal make-or-break moments at certain price levels where assets either collapse or catapult higher. For BNB, the $531 support level has proven to be a turning point. After a period of uncertainty, BNB has held this crucial zone and ignited a powerful rebound, confirming a shift in market structure from cautious consolidation to bullish momentum. This resurgence is more than just a technical bounce. It reflects growing confidence among traders, resilient demand at key levels, and a broader market appetite for altcoins as Bitcoin stabilizes. With strong volume, reclaiming key moving averages, and breaking near-term resistance, BNB is signaling that the correction phase may be over.  BNB Chart Pattern Signaling Sustained Momentum In a recent post shared on X, UniChartz highlighted that BNB is currently displaying strong bullish momentum after rebounding from a key zone. This level, which once served as a major resistance barrier, has now flipped into solid support, a classic bullish signal that often reinforces the strength of an ongoing uptrend.  Related Reading: BNB Price Eyes Breakout, But $600 Remains A Stubborn Ceiling According to the analysis, the successful retest of this zone validates the breakout and suggests that buyers are stepping in. With momentum building and price structure aligning in favor of the bulls, BNB could be primed for further climb if this support continues to hold firm. He further noted that as long as BNB maintains its position above this key support zone, the overall bullish structure remains intact, keeping the momentum firmly in favor of the bulls. This sustained strength reinforces the possibility of a continued climb, with the path toward a new all-time high (ATH) near the $794 level looking increasingly viable. This outlook is supported by the 50-day Exponential Moving Average (EMA), which continues to serve as dynamic support, closely tracking price action and cushioning minor pullbacks. The alignment of price above this moving average further solidifies the current uptrend, suggesting that BNB may be gearing up for a sustained rally if broader market sentiment remains favorable. Breaking Barriers: Key Resistance Levels To Watch Currently, BNB is on the verge of breaking above the crucial $605 resistance level. This level serves as a psychological barrier and aligns with a key technical area where selling pressure has historically emerged. A decisive break above this resistance, especially if supported by a strong surge in trading volume, might signal a clear confirmation of buyer dominance in the market. Related Reading: BNB Price Faces More Downside—Can Bulls Step In? Such a breakout would likely trigger a wave of new buying interest from retail traders and institutional participants. More importantly, clearing this level could open the door for BNB to target higher resistance zones, including the $680, $724, and all-time highs. Until then, traders should watch this level closely because BNB’s response here could shape the trajectory of its next major move. Featured image from iStock, chart from Tradingview.com

Ethereum is currently trading at a critical resistance level as bulls attempt to regain momentum and push for a fresh high. The broader market remains under pressure as global uncertainty escalates, largely fueled by ongoing trade tensions between the United States and China. Last week, US President Donald Trump announced a 90-day tariff pause on all countries except China, intensifying concerns about an extended trade conflict that could destabilize global financial markets. Related Reading: Ethereum Trades At Bear Market Lows: Fundamentals Signal Major Undervaluation In this high-stakes environment, Ethereum’s price action is drawing close attention from investors and analysts. Top crypto analyst Ali Martinez shared that historically, the best Ethereum buying opportunities have emerged when the price drops below the lower MVRV (Market Value to Realized Value) Price Band—a level that signals potential undervaluation. Notably, ETH is now trading precisely in that zone. This alignment between technical conditions and macroeconomic instability suggests that Ethereum could be entering a phase of accumulation, with long-term investors looking to capitalize on discounted prices. However, sustained upward momentum will depend on whether bulls can overcome immediate resistance and whether macro conditions improve. The coming days could prove pivotal for ETH as it tests both technical and psychological thresholds. Ethereum Dips Into Historical Opportunity Zone Ethereum is currently trading below key resistance levels after enduring several weeks of selling pressure and weak market performance. Since losing the crucial $2,000 support level, ETH has fallen roughly 21%, a clear indication that bulls have yet to regain control. Broader macroeconomic pressures, especially rising global tensions and uncertain trade conditions between the US and China, have further dampened market sentiment. These conditions have driven many investors to exit riskier assets like cryptocurrencies, leading to elevated volatility and reduced market participation. Despite this downtrend, some analysts believe Ethereum could be nearing a pivotal turnaround zone. According to Martinez, one of the best historical signals for Ethereum accumulation has been price action dipping below the lower bound of the MVRV Price Band—a metric that compares market value to realized value to assess whether an asset is over- or undervalued. Currently, Ethereum is trading beneath that lower band. Martinez emphasizes that this positioning has typically preceded strong upside reversals, especially during periods of extreme market pessimism. While short-term volatility may persist, ETH’s entry into this zone could present a rare opportunity for long-term investors to accumulate at historically discounted levels—if market conditions stabilize and sentiment shifts. Related Reading: Cardano Whales Offload 180 Million ADA In 5 Days – Smart Profit-Taking? ETH Stalls In Tight Range Ethereum is currently trading at $1,610 after nearly a week of low volatility and sideways action. Since last Tuesday, ETH has remained locked in a tight range between $1,550 and $1,630, reflecting the market’s uncertainty and hesitation to take a clear directional stance. This narrow trading zone highlights a period of price compression, often a precursor to a larger move in either direction. For bulls to regain momentum and shift sentiment, Ethereum must reclaim the $1,700 level and push decisively above the $2,000 mark. These levels not only serve as key psychological barriers but also represent critical zones of previous support that have now turned into resistance. A breakout above $2,000 would likely trigger renewed buying interest and set the stage for a potential recovery rally. Related Reading: Ethereum Price Stalls In Tight Range – Big Price Move Incoming? However, if bearish pressure builds and the $1,550 floor is breached, Ethereum could quickly test the $1,500 support zone. A breakdown below that level would confirm further downside risk, potentially accelerating sell-offs and deepening the current correction. Until a breakout or breakdown occurs, traders should prepare for more consolidation and volatility as the market awaits a macro or technical catalyst. Featured image from Dall-E, chart from TradingView 

The Dogecoin price has been struggling in the market as bears have dominated in the last couple of months. This has seen the meme coin crash below $0.15, taking investor sentiment down with it. However, as the altcoin seems to be setting up for a recovery with multiple bullish formations. Analysts Call Breakout For Dogecoin Price In an analysis on X (formerly Twitter), Crypto School pointed out that the Dogecoin price continues to hold support above $0.15. This suggests that bulls are making their stand at this level and is now a pivotal level for the altcoin. This means that what the altcoin does next from here would be a “make or break move”, determining what direction the price could be headed next from here. Related Reading: Bitcoin Price Fails To Launch With $751 Million In Outflows, Are Institutions Cashing Out? The next bullish confirmation would be for the Dogecoin price to actually reach and clear the resistance at $0.18. However, if this does not happen, then the bearish downtrend could continue, and in that case, DOGE could crash another 20% to drop down to $0.11. “This is a high time frame setup where confirmation is key. Not looking to front-run the move,” the analyst said. “Waiting for the reclaim to reduce risk and maximise positioning.” DOGE And The Falling Wedge Pattern Another crypto analyst on the platform also pointed out that the Dogecoin price is still trading within a falling wedge pattern. The thing about falling wedge patterns is that they appear when a downtrend is nearing its end. And more often than not, the culmination of a falling wedge pattern will end up in a bullish breakout. In this case, if the Dogecoin price were to breakout, then it still has to beat the $0.18 level outlined above. Otherwise, the breakout could lose its momentum very quickly and fall back down. From here, the major support levels then lie between $0.134 and $0.142, according to the analyst. Related Reading: Dogecoin Price To Enter Phase E After Testing Last Point Of Support, Here’s The Target Dogecoin Trend Reversal On The Horizon The current trend for Dogecoin remains bearish as sellers are still dominating. However, there is a chance that a trend reversal is coming, as outlined by crypto analyst Trader Tardigrade. The analysis shows that the meme coin has already seen a trend reversal on the 4-Hour chart, with signs of uptrend continuation. If this uptrend holds, it could mark the beginning of a drawn-out recovery rally for the Dogecoin price. Additionally, the analyst confirms that DOGE saw its RSI fall below 50. But with the recovery, the RSI is trending back toward 50, and a break above this level would support an uptrend continuation. Featured image from Dall.E, chart from TradingView.com

The Bitcoin open interest has remained on the high side despite the price declines, suggesting that interest in the leading cryptocurrency by market cap remains abundant. This interest is no doubt a good thing for the crypto market, especially in the long-term. But looking back at previous trends involving the Bitcoin open interest, it is concerning that the value is still so high and this could hinder a recovery for the Bitcoin price from here. Bitcoin Open Interest Still Above $56 Billion Data from the Coinglass website shows that the Bitcoin open interest is still quite high and not far off from its November 2024 highs after the BTC price hit a new peak above $109,000. This consistently high open interest signifies traders still taking considerable positions in the digital asset despite its price falling over 20% since then, something that could be a hindrance to recovery. Related Reading: Analyst Who Called Dogecoin Price Rally In 2024 Predicts 300% Rally In April The total Bitcoin open interest is currently sitting at $56.17 billion, falling approximately 22% from its all-time high of $71.85 billion. This shows a close correlation between how much the price has fallen compared to the open interest. However, the open interest remaining this high could have some negative implications for the BTC price and the crypto market by extension. For example, looking at the chart above, it is obvious that Bitcoin has seen its largest moves upward when the open interest has been low. This suggests that the lack of market pressure gives bulls the space to push the price upward. Hence, with the open interest still so high, it could be much harder to push the price higher. Given this, the BTC price could see further decline before there is more recovery from here. BTC Price Crash Below $70,000 Imminent? Besides the Bitcoin open interest remaining high, a crypto analyst has also given reasons why the BTC price could see a crash from here. The first factor given is the fake bullish divergence. According to the analysis, the RSI may be showing a bullish divergence but the price action isn’t following it. Hence, this could lead to a bull trap, pulling traders into losses as the price crashes. Related Reading: Is The XRP Price Mirroring Bitcoin’s Macro Action? Analyst Maps Out How It Could Get To $71 Another factor given is the fact that the Bitcoin price has broken a trendline support after falling to the low $80,000s. This suggests that bullish momentum is weakening and the recent recovery might not hold. Given the factors listed above, the crypto analyst expects the Bitcoin price to fall another 20% from here. The target is placed at $69,149, which is an all-time high from 2021. “This level coincides with the intersection of the mid-channel support line and horizontal price structure,” the analyst explains. Featured image from Dall.E, chart from TradingView.com

A well-known cryptocurrency commentator thinks Ethereum is poised to reach new all-time highs, potentially setting off large gains for other smaller cryptocurrencies. The analyst, Alex Becker, shared his expert analysis on these points in a recent livestream where he was talking about Ethereum’s price action and what that may portend for the wider market. Related Reading: Whale Alert: Ripple Sends 200 Million XRP Into The Shadows Ethereum Displays Signs Of Recovery Ethereum has risen nearly 5% in the past 24 hours, trading at $1,675, which is a 10% rise in the past week. The second-largest cryptocurrency recovered strongly after touching a multi-year low of $1,380 recently. The recovery has been very rapid, with Ethereum rising almost 20% in a five-day timeframe. In spite of this rise, current prices still indicate a steep 50% fall from where Ethereum had been trading at the start of 2025. Analyst Asserts 90% Probability Of Shattering Past Records The cryptocurrency also has a way to go before it hits its all-time high of $4,890, which is around 60% lower than the peak. Ethereum would have to more than double its current price to hit its previous record. Becker voiced strong optimism regarding Ethereum’s future, saying there’s a “90% chance” it will break its prior record high. He even dared viewers to come back in three years and ridicule him if his prediction fails to materialize. The analyst is optimistic in part due to what he perceives as widespread negativity in regards to Ethereum, with most investors writing it off as “dead.” However, Becker is going the other direction, indicating the cryptocurrency is overvalued and offers a good buying opportunity for those who had the willingness to accept the risks. Without hype there is a 90% chance ETH returns to its old ATH… Which will trigger huge gains in alts from these prices… Making this the easiest way to 3-8x your money in history. Ever. This isn’t even the best case scenario where it gets a true bull past aths. — Alex Becker 🍊🏆🥇 (@ZssBecker) April 11, 2025 Possible Ripple Effect On Other Cryptocurrencies According to Becker, an Ethereum “comeback” would have profound implications on other leading cryptocurrencies. He believes coins positioned just below Ethereum to experience explosive growth in case his expectations come to fruition. The analyst outlined specific cryptocurrencies he thinks will gain, such as Cardano (ADA), XRP, Dogecoin (DOGE), SUI, Avalanche (AVAX), and Solana (SOL). Though stressing the risks involved with cryptocurrency investing, Becker recommended such coins could be worth holding by long-term investors willing to deal with high-risk assets. Related Reading: Crypto Holders Beware! New Malware Drains ETH, SOL, XRP Wallets Price Targets And Growth Projections Becker drew a number of scenarios for growth in cryptocurrencies. For Ethereum, he predicted that a four-fold ROI on present levels can happen, and prices can possibly touch as much as $10,000 under a highly optimistic scenario. The analyst was even more optimistic about XRP, indicating that it could beat Ethereum by 25%-50% if it starts to close the market capitalization gap between the two cryptocurrencies. Even with his positive view, Becker admitted that investing in cryptocurrencies is still very risky. He cautioned that in the worst-case scenario, Ethereum can fall to $500, which is a 50% decline from current prices for investors. Featured image from Reuters, chart from TradingView

After enduring weeks of heavy selling pressure and bearish sentiment, Dogecoin is beginning to show signs of stability. The broader crypto market is hinting at a potential recovery, though many analysts argue this could simply be a relief rally within a longer-term bear market that began after Bitcoin reached its all-time high in January. Related Reading: Solana Triggers Long Thesis After Pushing Above $125 – Start Of A Bigger Rally? Despite the uncertainty, some assets—including Dogecoin—are starting to build bullish momentum. Investors are closely watching key technical levels as meme coins attempt to recover lost ground. According to crypto analyst Ali Martinez, Dogecoin could be poised for a significant breakout this week. In his recent analysis, Martinez noted that a decisive daily close above $0.17 could unlock upside potential toward $0.21, provided that DOGE maintains support above a critical support level. This setup could mark a turning point for Dogecoin, which has lagged behind many altcoins during the recent downturn. However, the market remains volatile, and traders should remain cautious until confirmation of a sustained breakout. Whether this is the start of a new uptrend or just a temporary bounce remains to be seen—but for now, Dogecoin bulls have something to watch closely. Dogecoin Eyes Breakout As Bulls Target Higher Levels Dogecoin is now facing critical supply levels as the entire crypto market shows signs of recovery following last week’s announcement from US President Donald Trump of a 90-day pause on reciprocal tariffs for all countries except China. While this news injected short-term optimism and triggered a bounce across risk assets, macroeconomic uncertainty continues to dominate the global landscape. With tariffs still on the table and rising geopolitical tensions, the market remains vulnerable to sharp volatility and unpredictable swings. Within this context, Dogecoin is positioning itself for a potential breakout. After weeks of selling pressure that saw DOGE drop to the $0.13 level, bulls have finally stepped in with renewed momentum. According to Martinez, the coming days could be pivotal for Dogecoin. His technical analysis indicates that a close above the $0.17 mark would trigger a bullish breakout, opening the door to $0.21 or even $0.29, as long as the price maintains the $0.13 support. This setup is drawing attention from both retail and institutional traders who are now eyeing DOGE as a potential high-beta play during this recovery phase. Still, confirmation is needed. If Dogecoin can hold above $0.17 with volume, the meme coin may finally leave its consolidation zone behind and regain market momentum. Related Reading: Ethereum Stays Below Realized Price: Once-In-A-Cycle Opportunity? DOGE Price Tests Key Resistance After 30% Rally Dogecoin is currently trading at $0.162, marking an impressive 30% surge from last Monday’s low of approximately $0.129. The bounce comes amid broader market optimism following a temporary pause in tariff escalation announced by US President Donald Trump. However, for DOGE to fully confirm a recovery phase, bulls must continue the momentum and reclaim critical resistance levels ahead. The next upside targets for DOGE sit at $0.185 and $0.205. A sustained close above these levels would signal a strong reversal and potentially kick off a broader uptrend. These price zones align with previous supply areas where selling pressure intensified during past rallies, making them essential hurdles for bullish continuation. Despite the recent rally, risks remain. If Dogecoin loses support at the $0.15 level, it would indicate weakening bullish control and open the door for a decline toward the $0.12 zone—close to its recent bottom. Such a move would likely invalidate the recovery narrative and reinforce the view of DOGE remaining in a broader downtrend. Related Reading: Dogecoin Whales Buy Over 80 Million DOGE In 24 Hours – Sign Of Recovery​? For now, the market watches closely. Holding above $0.15 and breaking $0.185 will be crucial to confirm whether Dogecoin is truly gearing up for a sustained reversal. Featured image from Dall-E, chart from TradingView