Thumzup Media Corporation, backed by Donald Trump Jr., has raised $50 million to expand its cryptocurrency mining operations and digital asset investments. The company plans to deploy capital toward advanced, energy-efficient Bitcoin mining infrastructure and diversify its crypto treasury, including Bitcoin, Ethereum, Dogecoin, and Solana. Thumzup also expanded its partnership with Coinbase, establishing a Bitcoin-backed …
On Monday, ALT5 Sigma, a fintech company specializing in blockchain infrastructure, unveiled plans to establish a crypto treasury focusing on the World Liberty Financial (WLFI) project—a venture backed by the Trump family. The announcement, however, was met with a swift and negative reaction from investors, resulting in a significant drop in the company’s stock price. First Crypto Treasury Focusing On World Liberty Financial ALT5 Sigma, which trades on Nasdaq under the ticker name “ATLS”, aims to raise $1.5 billion to become the first publicly traded company to hold WLFI, the governance token associated with World Liberty Financial. In a press release dated August 11, the company disclosed that it plans to raise these funds through a registered direct offering and a private placement, which will involve selling up to 100 million shares at a price of $7.50 each. Related Reading: Analyst Says What Happened With Bitcoin Is About To Happen With XRP Notably, the private placement will be conducted using WLFI tokens, which are currently non-transferable and will be treated as an over-the-counter (OTC) transaction. In its regulatory filing with the US Securities and Exchange Commission (SEC), ALT5 Sigma stated that acquiring WLFI directly from World Liberty Financial is currently the only option, as the tokens remain locked and cannot be traded. The filing also warned that if the company fails to acquire the tokens on favorable terms or at all, it may impair its ability to execute its digital asset treasury strategy, potentially requiring a reallocation of assets within the treasury. ALT5 Sigma Shares Plunge 26% Prior to the announcement with World Liberty Financial, ALT5 Sigma’s shares had been performing well, nearing $20 in pre-market trading and more than doubling in value. However, the news of the treasury plans reversed this momentum dramatically. By the close of trading on Monday, shares had plummeted by 26.42%, settling at $6.60. As of the latest reports, ALT5’s stock continues to hover around $6, reflecting a decline of about 10% over the past week. With the treasury acquisition, Zach Witkoff, co-founder of World Liberty Financial, is set to become ALT5’s chairman. Eric Trump, another WLFI co-founder, will join the board as a director. Additionally, Zak Folkman, also a co-founder, will serve as a board observer, while Matt Morgan, CEO of Blockstreet, will take on the role of chief investment officer. Related Reading: Ethereum Retail Mood Still Bearish: Perfect Setup For ATH Break? It’s important to note that the WLFI token, designed as a non-tradeable governance token, was launched in October 2024, with a subsequent announcement of a USD1 stablecoin in March. In mid-July, World Liberty Financial holders voted to allow the token to become tradable, facilitating peer-to-peer transactions and secondary market activity. However, for now, the movement of tokens remains limited, with trade eligibility constrained to a select group of early supporters. Featured image from DALL-E, chart from TradingView.com
A crypto trader says Chainlink may be “the most obvious large cap play for this cycle” that most people will miss.
The Bitcoin price has surged to a fresh ATH of $124,457 today, fueled by a surge in spot Bitcoin ETF inflows, heightened whale accumulation, and a notable rise in on-chain activity. Trading volume across major exchanges has spiked, reflecting growing investor confidence and renewed institutional interest. Active Bitcoin addresses have also hit multi-month highs, signaling …
Arkham Intelligence data shows SpaceX holds 8,285 BTC, worth over $1 billion. The company first bought Bitcoin on December 31, 2020, and made its last purchase on June 10, 2022. SpaceX has held its BTC since, with no major sales, placing it among the world’s largest corporate Bitcoin holders as of August 2025.
Eric Trump reports that major U.S. banks—including Capital One, JPMorgan Chase, Bank of America, and First Republic—closed hundreds of Trump-linked accounts without warning in 2025. He cites these closures as the reason the Trump family turned to cryptocurrencies like Ethereum for financial operations. The move has fueled debate over political motivations in banking, with Eric …
XRP price is moving higher above the $3.250 zone. The price is showing positive signs and might aim for a move above the $3.350 resistance. XRP price is attempting to clear the $3.350 zone. The price is now trading above $3.250 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $3.288 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $3.350 zone. XRP Price Could Gain Bullish Momentum XRP price formed a base above the $3.150 level and started a fresh increase, like Bitcoin and Ethereum. The price gained pace for a move above the $3.20 and $3.25 resistance levels. The bulls pumped the price above the $3.280 resistance. Moreover, there was a break above a bearish trend line with resistance at $3.288 on the hourly chart of the XRP/USD pair. A high was formed at $3.350 and the price is now consolidating above the 23.6% Fib retracement level of the upward move from the $3.10 swing low to the $3.350 high. The price is now trading above $3.30 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $3.350 level. The first major resistance is near the $3.3650 level. A clear move above the $3.3650 resistance might send the price toward the $3.40 resistance. Any more gains might send the price toward the $3.450 resistance or even $3.480 in the near term. The next major hurdle for the bulls might be near the $3.50 zone. Another Pullback? If XRP fails to clear the $3.350 resistance zone, it could start a fresh decline. Initial support on the downside is near the $3.290 level. The next major support is near the $3.200 level or the 61.8% Fib retracement level of the upward move from the $3.10 swing low to the $3.350 high. If there is a downside break and a close below the $3.20 level, the price might continue to decline toward the $3.150 support. The next major support sits near the $3.080 zone, where the bulls might take a stand. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $3.20 and $3.150. Major Resistance Levels – $3.350 and $3.450.
The most aggressive move came at 13:00 when XRP pierced resistance at $3.27 on 217.4 million volume—nearly triple the 24-hour average—followed by sustained overnight accumulation with volumes above 117 million in consecutive hours.
The milestone reflects a year-long build in bullish sentiment, fueled by a friendlier regulatory backdrop under President Donald Trump and the rapid adoption of corporate treasury strategies centered on Bitcoin accumulation.
GMX said the $44 million distribution will be issued in GLV, also pledging a $500,000 incentive pool to users that keep their allocated GLV.
Ethereum price found support near the $4,500 zone and started a fresh surge. ETH is rising and might soon aim for a move above the $4,750 zone. Ethereum started a fresh increase above the $4,550 and $4,650 levels. The price is trading above $4,600 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $4,480 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $4,400 zone in the near term. Ethereum Price Rallies Further Ethereum price started a fresh increase from the $4,180 support zone, beating Bitcoin. ETH price was able to climb above the $4,500 and $4,650 resistance levels. The bulls even pushed the price above the $4,700 resistance zone. Finally, the price tested the $4,780 resistance zone. A high was formed at $4,782 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $4,170 swing low to the $4,782 high. Ethereum price is now trading above $4,700 and the 100-hourly Simple Moving Average. There is also a bullish trend line forming with support at $4,480 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $4,780 level. The next key resistance is near the $4,840 level. The first major resistance is near the $4,880 level. A clear move above the $4,880 resistance might send the price toward the $4,950 resistance. An upside break above the $4,950 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $5,000 resistance zone or even $5,150 in the near term. Are Dips Limited In ETH? If Ethereum fails to clear the $4,780 resistance, it could start a downside correction. Initial support on the downside is near the $4,700 level. The first major support sits near the $4,650 zone. A clear move below the $4,650 support might push the price toward the $4,550 support. Any more losses might send the price toward the $4,480 support level in the near term. The next key support sits at $4,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $4,650 Major Resistance Level – $4,780
The partnership could significantly boost Vietnam's digital finance sector, enhancing its global tech market position and economic growth.
The post Upbit operator Dunamu and MB Bank partner to launch Vietnam’s first crypto exchange appeared first on Crypto Briefing.
Ethereum has posted significant gains over the past week, rising 29% and approaching its all-time high near $4,800 set in 2021. At the time of writing, ETH trades at $4,662, putting it within range of the $4,750–$4,800 resistance zone that has historically marked a key supply area for the market. This price move coincides with unprecedented network activity and notable on-chain flows that analysts say could influence the short-term price direction. Related Reading: Ethereum Flashes Once-In-A Decade Bull Signal, Says Analyst Ethereum Record Network Activity Meets Price Resistance Data from CryptoQuant contributor CryptoOnchain shows that daily Ethereum transactions have reached a record high of approximately 1.875 million. This surge in activity signals elevated demand for block space and heightened engagement across the network. The confluence of strong on-chain metrics with a critical price level creates a technical and fundamental intersection that could determine Ethereum’s next move. According to CryptoOnchain, Ethereum’s current position represents a decision point. A breakout above $4,750, accompanied by sustained transaction volume, could propel ETH into a price discovery phase, potentially surpassing its historical peak. Conversely, if sellers defend this level, a consolidation phase or a retracement toward the $3,950 support area is possible. The analyst also cautioned that while peak network activity often accompanies bullish price action, it can also signal a near-term overheating of the market. In such cases, even with strong fundamentals, prices may pause or retrace as participants adjust their positions. This dynamic is particularly relevant as Ethereum tests a historically significant resistance zone while network usage is at an all-time high. Exchange Outflows Suggest Continued Buying Pressure In a separate analysis, another CryptoQuant analyst, Burak Kesmeci, examined Ethereum’s net flow data across all exchanges. Using the 30-day simple moving average (SMA30), Kesmeci found that ETH net flows remain in strongly negative territory, at around –40,000 ETH as of August 12, 2025. This represents an average daily outflow of 40,000 ETH over the past month, a trend that has coincided with the asset’s recent price increase. Negative net flows indicate that more ETH is leaving exchanges than entering, often interpreted as a sign of reduced immediate selling pressure and increased holding behavior. Kesmeci linked the recent outflow strength to spot ETH ETF activity, suggesting that institutional demand has been a major factor supporting prices. He noted that as long as the SMA30 stays in negative territory, the upward trend is likely to continue. A shift into positive territory, however, could signal a change in market sentiment and potentially weaken buying momentum. Related Reading: Market Expert Says Sell All Ethereum By October, Here’s Why With both record transaction counts and sustained exchange outflows, Ethereum is facing a market environment shaped by strong usage fundamentals and significant institutional interest. Whether these factors will be enough to propel ETH through its long-standing price ceiling will likely be determined in the coming sessions, as traders watch for either a confirmed breakout or signs of rejection at the $4,750 level. Featured image created with DALL-E, Chart from TradingView
The offer will apply to new and existing USDC users looking to move onto Base, the Layer 2 network incubated by Coinbase.
Thumzup, a social marketing firm in which Donald Trump Jr. holds shares, will spend $50 million to buy crypto and mining rigs.
The crypto market is on a strong upswing, with major coins posting impressive gains over the past week. Bitcoin has surged above $123,000, marking a 7.7% weekly rise and hitting new all-time highs. Ethereum is up nearly 30% in the same period, trading close to $4,760, while XRP has climbed over 12% to $3.33. Looking …
The crypto market has seen impressive gains in the past 24 hours, led by Bitcoin’s historic breakout above $124,000. The world’s largest cryptocurrency surged 3.55% in a day and over 8% in the past week, pushing the total market cap to $4.19 trillion. This rally comes with strong market sentiment, reflected in a Fear & …
Two years after Rain Lõhmus admitted he lost access to a presale wallet, the stash is now worth over a billion, at least on paper.
A team of North Korean IT operatives behind 31 fake identities has been linked to the $680,000 hack of fan-token marketplace Favrr in June.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has made a significant comeback with a 29% surge over the past week, approaching all-time high (ATH) levels. Ethereum’s price performance has prompted Standard Chartered, one of the UK’s largest financial institutions, to significantly revise its price projections for the cryptocurrency. Ethereum Consolidates 4% Below All-Time Highs Currently, the Ethereum price is consolidating above the $4,600 level, which could serve as a crucial support point as if ETH breaks through its previous all-time high of $4,878 reached in 2021, it may enter a new phase of price discovery. Presently, a mere 4% gap separates Ethereum’s current price from that record, but analysts at Standard Chartered, led by Geoff Kendrick, are optimistic for a new bullish phase for the cryptocurrency. They forecast a bullish trend that could nearly double the Ethereum price by the end of the year, raising their year-end target from $4,000 to $7,500. Furthermore, they have set an ambitious 2028 target of $25,000 for ETH. Related Reading: The Grand Bitcoin Roadmap: Crypto Expert Says $160,000 Still In The Works Several key factors underlie this optimistic outlook. Firstly, the recent approval of Ethereum spot exchange-traded funds (ETFs) has led to significant market activity. Ethereum ETFs recently recorded $1 billion in inflows, marking the largest daily influx to date. Year-to-date, these exchange-traded funds tracking ETH’s price have attracted $8.2 billion, representing around 1.5% of Ethereum’s market capitalization. Additionally, legislative progress in the United States, particularly with the passage of the GENIUS Act and the CLARITY Act, has bolstered Ethereum’s prospects. These developments are expected to enhance liquidity in the Ethereum ecosystem, as a substantial portion of stablecoins—often considered a stealth bullish driver for ETH—are issued on the Ethereum blockchain. Currently, major stablecoins like USDC, issued by Circle (CRCL), and USDT, developed by Tether, primarily operate within Ethereum’s ecosystem, further supporting the altcoin’s price performance. Greater Impact From Institutional Investments Beyond these bullish developments, there is a growing trend among public companies adopting Ethereum treasury strategies similar to those employed by Strategy (formerly MicroStrategy) with Bitcoin (BTC). As reported by NewsBTC on Tuesday, approximately 865,000 ETH is now held by these companies, reflecting a broadening interest from institutional investors looking to capitalize on Ethereum’s long-term potential. Related Reading: Analyst Predicts XRP Price Crash Below $3, But There’s Good News Adding to the bullish sentiment, analyst VirtualBacon has shared forecasts suggesting that if Bitcoin approaches $150,000 and the ETH/BTC ratio rises to 0.044, Ethereum could reach prices between $6,000 and $7,000 this year. The analyst noted in a social media post on X (formerly Twitter), that Ethereum’s smaller market capitalization means that each dollar from institutional investors has a more pronounced effect on its price compared to Bitcoin. VirtualBacon identifies $3,350 as a potential floor for ETH, unless Bitcoin experiences a significant downturn. He emphasizes that the pivotal moment for Ethereum will be clearing the $4,850 resistance level, which could quickly propel ETH above $6,000. As of this writing, ETH trades at $4,636, registering a 4.3% surge in the 24-hour time frame. Featured image from DALL-E, chart from TradingView.com
Bitcoin price is gaining pace above the $121,200 zone. BTC is now consolidating and might aim for a move above the $124,000 resistance zone. Bitcoin started a fresh increase above the $122,000 zone. The price is trading above $122,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $120,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $124,000 resistance zone. Bitcoin Price Hits New ATH Bitcoin price formed a base above the $118,500 level and started a fresh increase. BTC gained pace for a move above the $120,000 and $120,500 levels. The bulls even pumped the price above the $122,000 level. The price traded to a new all-time high near $123,973. It is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $118,971 swing low to the $123,973 high. Bitcoin is now trading above $120,000 and the 100 hourly Simple moving average. There is also a bullish trend line forming with support at $120,200 on the hourly chart of the BTC/USD pair. Immediate resistance on the upside is near the $124,000 level. The first key resistance is near the $124,500 level. The next resistance could be $125,000. A close above the $125,000 resistance might send the price further higher. In the stated case, the price could rise and test the $126,250 resistance level. Any more gains might send the price toward the $127,000 level. The main target could be $128,000. Are Dips Limited In BTC? If Bitcoin fails to rise above the $124,000 resistance zone, it could start a correction. Immediate support is near the $122,750 level. The first major support is near the $121,500 level or the 50% Fib retracement level of the upward move from the $118,971 swing low to the $123,973 high. The next support is now near the $120,200 zone. Any more losses might send the price toward the $118,500 support in the near term. The main support sits at $117,500, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $122,750, followed by $120,200. Major Resistance Levels – $124,000 and $125,000.
The surge in cryptocurrency values may signal increased investor confidence and potential shifts in financial markets and monetary policy.
The post Bitcoin climbs to record $124,000, Ethereum approaches ATH appeared first on Crypto Briefing.
Spot Ethereum ETFs in the U.S. saw $729.1 million flow into the products on Wednesday, marking their second-largest inflows on record.
Bitcoin has extended its upward momentum over the past week, gaining nearly 6% in that time and 1.8% in the past 24 hours. At the time of writing, BTC is trading at $120,499, maintaining its position near a key resistance zone between $119,000 and $120,000. Market data indicates that traders are watching this price area closely, given its significance in previous price action during July. Recent analysis from CryptoQuant contributor Arab Chain shows that Bitcoin’s open interest (OI) on Binance has climbed to around $13.7 billion, approaching its mid-to-late July highs. This metric, which tracks the total value of outstanding futures contracts, is often used to gauge market participation and potential volatility. The current levels suggest a notable build-up of speculative positions as the price approaches critical resistance. Related Reading: Bitcoin At Risk Of Pullback As Binance Miner Distributions Spike, Analyst Says Bitcoin Leveraged Positions and Potential Market Outcomes According to Arab Chain, a simultaneous rise in both price and open interest typically signals the entry of new speculative liquidity, most likely from traders taking long positions. While this can support short-term price increases, it also raises the market’s sensitivity to corrections. If open interest grows faster than price, the rally can become overleveraged, leaving the market vulnerable to a long squeeze in the event of a sharp pullback. The $119,000–$120,000 range has acted as a decision point in recent months. A breakout above this level with stable or slightly declining open interest could indicate the move is driven by spot buying or short covering, which generally carries less liquidation risk. In this scenario, Arab Chain sees potential for BTC to target the $122,000–$124,000 range. However, a sharp rejection at these levels with elevated open interest could trigger liquidation-driven declines toward nearby support. Monitoring Open Interest Trends for Confirmation Open interest is currently just below the all-time high of approximately $14 billion, leaving limited room for further leveraged build-up before reaching historic extremes. Arab Chain notes that after a decline in both price and OI from late July to early August, indicating capital exiting the market, both have since rebounded together, suggesting renewed confidence among derivatives traders. The analyst cautions that a significant jump in open interest without a corresponding price advance, or worse, with a price decline, would point to an overleveraged environment. Related Reading: Two Forces Can Launch Bitcoin To $1 Million, Says Mike Novogratz Conversely, price stability or gains above $120,000 while open interest holds steady or declines slightly would be a healthier sign, indicating the move is supported by actual buying rather than excessive leverage. At present, the intraday trend remains bullish, but the sustainability of this move depends on whether leverage levels stabilize as Bitcoin tests resistance. Traders are likely to focus on how BTC behaves around the $120,000 mark in the coming days, with open interest dynamics serving as a key signal for the next directional move. Featured image created with DALL-E, Chart from TradingView
Korea's Won is stuck onshore. That's going to put a damper on any demand for a Won-backed stablecoin.
SpaceX's bitcoin holdings surpassed $1 billion as the cryptocurrency surged to hit a new all-time high on Wednesday.
Upexi, a Nasdaq-listed company, has stepped up its bet on Solana by forming a new advisory committee and naming Arthur Hayes as its first member. Related Reading: Ethereum Hits $4,300, Restoring Vitalik Buterin’s Crypto Billionaire Status Reports have disclosed the move came with a clear push to support the firm’s large Solana treasury, which has drawn attention from investors and rival corporate treasuries alike. Upexi Deepens Its Solana Bet According to Upexi’s own filings and public statements, the company now holds over 2 million SOL in its treasury. That stake has been built quickly through multiple purchases and capital raises, and publications place its value in the hundreds of millions of dollars depending on the SOL price used. Upexi says it is also using staking to earn yield from the holdings, a move meant to add steady income as it holds the tokens. upexi forms advisory committee, welcoming arthur hayes (@CryptoHayes) as first member arthur is cio of @maelstromfund and brings deep digital asset and institutional finance expertise committee will drive strategy, expand visibility, and unlock capital for our $SOL treasury… pic.twitter.com/lBtzxziL3r — Upexi (@UpexiTreasury) August 12, 2025 Upexi’s hiring of Arthur Hayes — a high-profile figure in crypto circles — is meant to sharpen strategy and help unlock more capital for the firm’s purchase plans. Reports say the advisory committee will guide visibility, partnerships and capital-raising for acquisitions tied to the treasury effort. The move has already helped lift investor interest in the company’s stock. Other Public Firms Join The Push Beyond Upexi, other public companies have made clear Solana bets. Based on reports, DeFi Development Corp. has increased its holdings to nearly a million SOL units after a fresh round of purchases and financing. That placement puts it among the biggest corporate Solana holders and gives it meaningful exposure to the altcoin’s price moves. Meanwhile, crypto miner BIT Mining disclosed purchases around 27,190 SOL and has said it will convert existing crypto holdings to focus on SOL while also launching a validator to stake tokens. These corporate moves are not just headlines. They represent predictable, on-balance-sheet demand that can tighten the available supply held by retail traders and exchanges. At the same time, concentrated positions raise questions about what would happen if any of these holders decided to change strategy or sell quickly. Related Reading: Chainlink Tipped To Outshine XRP In Global Banking Links: Analyst Market Moves And Technical Signs Market data shows SOL trading back around the $200 mark after a strong daily gain, and daily volumes have spiked as traders pile in. Price sites report roughly a mid-$100-billion market capitalization for SOL and daily turnover in the low double-digit billions, figures that underline how big the token’s market has become. Technical commentators have pointed to moving average crossovers and other bullish setups as reasons traders are optimistic right now. Featured image from SolanaFloor, chart from TradingView
This lawsuit highlights the tension between media transparency and individual privacy, potentially impacting future media practices and crypto privacy norms.
The post Justin Sun sues Bloomberg over plan to publish confidential crypto holdings appeared first on Crypto Briefing.
Coinbase CSO Philip Martin said no customer funds have been affected, and that this is an isolated incident.
Crypto analyst CryptoInsightUK has promoted Dogecoin as one of the top altcoins right now, anchoring the call to a clean weekly structure and an emerging broadening, ascending wedge that still governs price. He opens his note with an unambiguous header—“My Top Altcoin Picks: DOGE”—and then lays out the case in plain language: “We’ve been actively trading Doge for about a week and a half now, and I’ve been sharing updates with you every step of the way. Doge looks extremely bullish on the weekly time frame, potentially closing this week with a bullish engulfing candle if we can manage to close above $0.241. That would be fantastic.” Why Dogecoin Is The Top Altcoin Right Now The weekly DOGE/USDT chart shows price pressing into a well-defined supply band labeled “Resistance” around $0.27–$0.30, where July’s “Higher High” ($0.287) sits. Underneath, a rising weekly trendline that has contained price since mid-2023 currently tracks through the upper-$0.16s to low-$0.17s, with a horizontal “Support” shelf near $0.13 aligned to the prior “Swing Low.” The staircase of “swing low → higher → higher low → higher high” marked on the chart remains intact. The analyst ties the structure to a specific pattern roadmap. “We may also be forming a broadening ascending wedge pattern here, and the potential upside target of this pattern could be as high as the all-time highs at $0.75,” he writes. Related Reading: Dogecoin To $1? Only If This Plays Out, Says Analyst Extending the projection, he adds: “If we extend this further out in time, we could even argue that the 1.618 Fibonacci extension around $1.17 might come into play. Of course, we’d need to break through the resistance levels marked on the chart to see something like that,” before situating the trade in market context: “If the market continues as it is—Bitcoin dominance dropping and ETH continuing its upward momentum—I don’t think this is out of the question for Doge.” Momentum reads argue there is room. On the chart, weekly RSI has turned up from the mid-30s, reclaimed its signal, and now sits in the mid-50s to low-60s—well shy of the overbought band that accompanied the prior thrust. The analyst highlights that runway explicitly: “Using the RSI as an indicator, there’s still significant room for growth before we enter the overbought territory, which is typically when things get exciting.” He also frames the setup within a higher-timeframe impulsive structure: “Technically speaking, Doge has experienced two significant impulses on a higher timeframe, both setting higher highs and higher lows. Now, we’re looking for a third impulse.” Positioning matters to him as well. “Looking at Doge as a top 10 crypto asset, we see that all other cryptos in the top 10, except for Cardano and Solana, have reached all-time highs… Doge remains behind, and I believe the major impulse is still yet to come.” Related Reading: Dogecoin Whales Buy The Dip: $1 Billion DOGE Added On execution, he points to the lower-timeframe tape confirming the bias: “On the lower timeframes, we’re seeing higher highs and higher lows, which suggests that the impulse may have already begun.” That leads to the trade thesis: “With all this in mind, it’s an exciting time for altcoins, and I believe that Doge’s risk-to-reward ratio, especially considering its position as a top 10 asset, makes it an attractive trade even from current levels.” Peer technicians are aligned. In a brief community ping titled “Good boy Doge,” the analyst reiterated the same levels and structure from earlier in the week. Fellow trader CRG explained the patience trade: “Nothing much to update. Price just chilling for now, been consolidating for 6 months making higher lows. DOGE is gonna full send at some point, no doubt in my mind, just gotta be patient.” He summarized the rationale behind positioning with a screenshot captioned, “This is why we are in the $DOGE trade fam.” From here, the immediate trigger is mechanical and visible on the chart: a weekly settlement above $0.241 would print the bullish-engulfing confirmation the analyst is watching at the mouth of resistance. Acceptance through the $0.27–$0.30 band would reopen the path toward the mid-$0.30s and the prior rejection in December last year when DOGE peaked above $0.48, while failure to hold the rising trendline would defer the move to the next demand zones near $0.17 and $0.13. As long as the sequence of higher lows remains unbroken, the wedge continues to frame a credible springboard toward the analysts’ stated targets, with $0.75 as the first historical waypoint and the 1.618 extension at ~$1.17 reserved for a fully developed impulse. At press time, DOGE traded at $0.242. Featured image created with DALL.E, chart from TradingView.com