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Dogecoin (DOGE), appears to be on the verge of a significant price rally, with technical indicators signaling a bullish breakout. The Stock RSI indicator suggests momentum is shifting, resembling past breakout points that led to massive price surges. Analysts predict that DOGE could be gearing up for an explosive move upward, with a potential rally of 318% based on historical patterns and market dynamics. Recent price movements show DOGE trading around $0.16760 after pulling back from its recent high near $0.50. Historically, Dogecoin has experienced substantial gains following periods of accumulation, with past rallies reaching 88.29%, 187.46%, and 444.60%. According to analyst Ali Martinez, the Stock RSI indicator is nearing a bullish crossover, indicating that momentum is shifting in favor of buyers. If history repeats itself, DOGE could be on track for another significant breakout.. Market analyst JavonTM1 has pointed out that DOGE recently surged 129% after breaching a critical resistance trendline. He believes that the price could reach $0.6533, representing a potential 318% increase . The coin is currently in a position to confirm another set of higher lows, which could clear the path for further gains. The key resistance levels to watch include $0.24, which could serve as the first major hurdle before higher targets become achievable. Analysts applying Elliott Wave Theory suggest that Dogecoin is in the middle of a bullish impulse wave. Volume spikes indicate increased market participation, which strengthens the possibility of a sustained upward move. Related: Dogecoin ETF Filing Sparks Interest, but Prices Drop Over 12%—What’s Next? Additionally, a curved trendline suggests that DOGE has shifted from a prolonged correction phase into a breakout phase. This structural change in the price movement aligns with previous bullish cycles that resulted in exponential gains. As of press time, Dogecoin is priced at $0.1649 , with a 24-hour trading volume of $1.49 billion. The meme coin has declined by 1.55% in the past 24 hours and 18.39% over the past week. Despite this short-term dip, analysts remain optimistic about its long-term potential. The current market cap of $24.39 billion and a circulating supply of 150 billion DOGE further support the case for continued investor interest and liquidity. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

The cryptocurrency land is advancing quickly, with projects introducing groundbreaking solutions to enhance nearness, security, and scalability. From Pi Network mobile mining revolution to Hedera enterprise grade blockchain, Sui’s scalable base, and Toncoin’s decentralized advancements, these platforms are shaping the future of digital assets. Explore how each project is pushing the boundaries of blockchain technology and driving mainstream adoption. Current market: $1.71 Market cap:$12.2B Pi Network continues to expand its reach by offering a user friendly approach to cryptocurrency mining. Unlike traditional mining, which demands important statistical power, Pi allows users to mine tokens through a mobile application. This strategy increases accessibility and fosters mass adoption. The platform also supports a habitat of decentralized applications, enhancing real-world use cases. Current market: $0.2001 Market cap:$8.45B Hedera Hashgraph remains a major player in enterprise grade blockchain technology. The network addresses key control faced by traditional blockchain platforms, including slow performance and instability. By offering secure and efficient decentralized applications, Hedera provides solutions tailored for businesses and institutions. The network gained traction following its initial coin offering, which enabled early investors to acquire its native HBAR tokens. Current market: $2.29 Market cap:$7.28B Sui is building a blockchain infrastructure designed to support global adoption. The platform employs an object-centric data model and the Move programming language, enhancing efficiency and security. Sui focuses on improving the user experience by removing barriers commonly associated with blockchain interactions. Features like zkLogin and programmable transaction blocks streamline blockchain accessibility, allowing developers to create seamless Web3 applications. Current price: $2.77 Market cap:$6.88B Toncoin continues to advance as the native cryptocurrency of The Open Network. Originally developed by Telegram, the project underwent significant changes after Telegram ceased its involvement following a regulatory decision. Despite this, the network remains open source and is supported by multiple contributors. The TON Foundation, based in Switzerland, plays a key role in inspecting its development. The project aims to enhance scalability and separate while maintaining strong community support. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Will #Bitcoin reach a new all-time high in Q2 🔥

The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Grayscale Investments’ proposal for a Hedera (HBAR) exchange-traded fund (ETF). This development follows the Nasdaq Stock Market’s submission of a 19b-4 filing to the SEC on behalf of Grayscale, as we reported on March 4. Notably, Nasdaq had previously filed a similar 19b-4 form for Canary Capital’s spot HBAR ETF, highlighting the growing interest in regulated investment products for Hedera’s native cryptocurrency. Grayscale aims to list a spot HBAR ETF on the Nasdaq Stock Market and offer investors direct exposure to HBAR without requiring them to hold the asset directly. The proposed ETF will have key institutional players involved, with BNY Mellon Asset Servicing expected to act as the administrator and transfer agent, Coinbase Custody Trust Company serving as the custodian, and CSC Delaware Trust Company fulfilling the role of trustee. Grayscale’s push for an HBAR ETF aligns with its ongoing efforts to expand its crypto investment portfolio, with additional filings for ETFs linked to Polkadot (DOT) , Ripple (XRP), Dogecoin (DOGE), Solana (SOL), and Cardano (ADA). The timing of these filings coincides with growing optimism for a more crypto-friendly regulatory environment, particularly as U.S. President Donald Trump has begun implementing policies that favor digital assets. With the SEC’s acknowledgment, the proposal enters a critical phase. A 21-day public comment period is now open, allowing stakeholders to submit their insights, concerns, or support for the ETF proposal. Once this period concludes, the SEC will review the feedback and assess the potential impact of the ETF. Based on its evaluation, the SEC will then decide whether to approve, disapprove, or extend the review process, which could further delay the final decision. Following the announcement of Grayscale’s HBAR ETF proposal acknowledgement, Hedera experienced a notable price surge. As of now, it ranks as the 13th largest cryptocurrency by market capitalization, valued at approximately $8 billion. In the last 24 hours, HBAR has risen by 2.94% to reach $0.1990, with trading volumes increasing by 13.7% to $615 million, reflecting heightened market interest. Technical indicators suggest a double-bottom pattern forming on the 12-hour chart, hinting at a possible move toward $0.25 if the bullish trend continues. The Relative Strength Index (RSI) currently stands at 46.60, reflecting neutral market conditions without clear buying or selling pressure. Looking ahead, Coincodex predicts that Hedera’s price could rise by 14.97%, reaching approximately $0.233 by April 11, 2025. Given the significant price surge Bitcoin experienced following the approval of a BTC ETF, a similar approval for an HBAR ETF could act as a major catalyst for Hedera’s price. Additionally, a successful launch might encourage more asset managers to file for their own HBAR ETFs, further legitimizing and strengthening the asset’s position in the crypto market.

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