Calls for the United States to establish a national Bitcoin (BTC) strategic reserve have sparked concern among market watchers, who warn of potential disruptions to both cryptocurrency prices and the U.S. dollar.
Haider Rafique, global managing partner for government and investor relations at crypto exchange OKX, argues that concentrating large amounts of BTC on a government balance sheet could undermine Bitcoin’s core appeal as neutral, decentralized money.
He posed a pointed question: “What happens in a few years if a new administration decides this was a bad idea?”
Rafique added, “Despite recent bipartisan support for crypto, it is essential to remember that administrative policies can change quickly. As circumstances change over time, the concentration of large amounts of BTC on a country’s balance sheet could represent a liquidation risk.”
Government Ownership Could Distort Markets
Rafique warns that governments holding significant portions of the BTC supply would be able to manipulate prices by selling large amounts at once.
Such a move could shock markets and undercut investor confidence in the cryptocurrency’s independence from state control.
Germany’s sale of 50,000 BTC in 2024, which helped keep prices below $60,000, serves as an example of how government action can weigh on the market, Rafique said.
Impact on the Dollar and Financial Markets
Beyond crypto itself, a U.S. Bitcoin reserve could signal weakness in the dollar, which underpins global finance.
Rafique warned that establishing a BTC reserve “would be a loss of confidence in the dollar.”
He argued that building a strategic reserve would tell investors the U.S. currency cannot sustain its value solely on economic fundamentals.
This could push investors to safe havens like gold or the Swiss franc while sparking sell-offs of riskier assets.
Rafique predicted such a chain reaction could trigger cascading liquidations across financial markets, ending in a sharp downturn as participants respond to a seismic shift in global finance.
Clashing with Bitcoin’s Original Ethos
Bitcoin advocates have long promoted the idea of nation-state-level treasuries as a path to making the cryptocurrency the global reserve asset.
However, critics warn that state-level control conflicts with Bitcoin’s decentralized design.
Centralized ownership could weaken its credibility as a currency that transcends politics and national boundaries.
Timing and Strategy Questions Remain
Some proponents argue a U.S. reserve would strengthen America’s monetary position and accelerate Bitcoin’s adoption as a unit of account.
But others urge caution, citing political risk and the volatility of the cryptocurrency market.
Without clear rules for accumulation and liquidation, a government reserve could transform from a strategic asset into a destabilizing liability.
As debate intensifies, policymakers face the challenge of integrating Bitcoin into national policy without compromising its foundational principles or global market stability.
XRP’s price action is sitting at a critical juncture, with the altcoin consolidating at the base of a descending triangle — a pattern that often signals bearish pressure.
The token hovered around the $2.75 support level on Friday, but analysts warned that sustained selling could push prices down toward the $2.65 to $2.45 range.
Such a move would represent an 8% to 10% decline, coinciding with a daily fair value gap (FVG) overlapping the 0.50–0.618 Fibonacci retracement levels.
This area could act as a liquidity magnet while offering a potential springboard for a bullish recovery.
Onchain Data Signals Strong Buyer Interest
Onchain metrics support the view that XRP may be approaching an important liquidity pocket.
Glassnode’s Unrealized Price Distribution (URPD) showed a dense cluster of buyers between $2.45 and $2.55, indicating a strong cost basis for many holders.
If price returns to this range, buyers may defend it aggressively, potentially laying the groundwork for a rebound.
The altcoin’s current behavior mirrors its fractal pattern from the first quarter.
XRP has already tested the $2.65 mark twice, but historical price structures suggest a sweep below this level into the liquid-heavy FVG could occur before a sustainable rally emerges.
Repeating Patterns Could Lead to Volatility
Market watchers have noted similarities between today’s setup and earlier fractals.
Previous patterns showed weakness heading into the weekend, followed by an FVG sweep early the following week.
If this plays out again, XRP could revisit the $2.50 zone as soon as Monday.
However, analysts caution that historical fractals do not guarantee a repeat performance.
A decisive break above $2.90 could invalidate the bearish structure altogether, but current momentum still favors one last dip into the $2.50 area.
Compression and ETF News Fuel Uncertainty
Sistine Research observed that XRP may be entering a significant expansion phase in the coming months.
The analysis highlighted how XRP’s tight price action over the past 10 weeks has compressed its order book, leaving larger gaps between levels.
This marks the third compression phase since the US elections in November 2024 and the tightest so far, built on three consecutively higher price points.
Such conditions have historically preceded sharp breakouts as built-up liquidity is released.
Crypto analyst Pelin Ay pointed to spot market flows as evidence of the battle between buyers and sellers.
The 90-day spot taker CVD indicates that sellers remain in control despite brief bursts of buyer strength earlier in 2025.
A sustained upside move will require a decisive shift in volume from buyers, which has yet to materialize.
Meanwhile, ETF news adds another layer of uncertainty.
Franklin Templeton’s XRP ETF decision has been postponed until Nov. 14, while REX/Osprey’s XRPR product debuted with nearly $38 million in first-day volume.
Analysts warn that optimism may already be priced in, heightening the risk of a “sell the news” reaction when decisions are finalized.
Grayscale has suggested that the third quarter of 2025 may have represented a unique form of “alt season,” with altcoins outperforming Bitcoin and other major assets.
In its latest report, the asset manager noted that while cryptocurrencies across sectors posted positive returns, the pattern stood out for being distinct from traditional altcoin cycles.
“Bitcoin underperformed other market segments, and the pattern of returns could be considered a crypto ‘alt season’ — although distinct from other periods of falling Bitcoin dominance in the past,” the report explained.
Altcoins tied to smart contracts were particular beneficiaries, supported in part by the passage of the GENIUS Act in the US earlier this year.
Meanwhile, AI-related tokens and other niche sectors saw growth, while Bitcoin, Ether, and broader currency plays lagged.
Market Shifts Driven by Policy and Exchanges
Grayscale highlighted several trends that shaped Q3.
One was the growing number of corporate treasuries adding various tokens to their balance sheets.
Another was the increasing adoption of stablecoins in the United States, alongside stronger activity on centralized exchanges.
The firm argued that these elements combined to create a distinct market environment in which altcoins found momentum at Bitcoin’s expense.
Looking ahead, Grayscale speculated that pending legislation, including a digital asset market structure bill in Congress, could further support crypto markets in Q4.
Bitcoin’s Relative Underperformance
Although Bitcoin surged to a record high above $120,000 in August, its performance lagged other segments of the market.
Analysts suggested that both Bitcoin and altcoins were also trailing behind traditional assets such as gold and equities in reaching new records.
Stablecoin outflows from exchanges were cited as one factor weighing on crypto market dynamics.
This environment left altcoins better positioned to capture gains while Bitcoin’s dominance eased.
Optimism for ETFs
As a leader in crypto exchange-traded funds (ETFs), Grayscale noted that regulatory developments could provide a further boost.
The US Securities and Exchange Commission (SEC) recently approved new listing standards for digital asset ETFs.
One of Grayscale’s own products, a multi-asset crypto ETF, has already gained regulatory approval, giving investors exposure to a basket of leading assets including BTC, ETH, XRP, Solana, and Cardano.
The report concluded that optimism around ETFs and supportive legislation may sustain momentum for altcoins and the broader market heading into the final quarter of the year.
XRP gained momentum on Wednesday, rising 6.8% from Monday’s low of around $2.70.
The move came as traders adjusted following a sharp sell-off that shook the broader crypto market earlier in the week.
Technical indicators and onchain data suggested the XRP/USD pair could be preparing for a trend reversal, with a potential rally toward $4 in play.
Technical Setup Hints at Breakout Potential
XRP’s price action has been consolidating within a symmetrical triangle on the daily chart, according to data from TradingView.
This chart formation, which develops as price action compresses between converging support and resistance trendlines, often signals a breakout once momentum builds.
In XRP’s case, an upward move above the $3 resistance line could trigger a reversal toward the triangle’s projected target of $4.08, marking a potential 42% gain.
Before that target can be reached, XRP bulls will need to overcome intermediate resistance levels at $3.40 and the eight-year high of $3.66.
Traders Highlight Key Support and Resistance Zones
Analyst CasiTrades pointed out that XRP formed “a massive wick down to a double bottom near $2.70” on the four-hour chart.
“A double bottom like this still fits within a valid Wave 2 count, as long as the price holds above $2.70,” she explained in an X post.
Her analysis noted immediate downside support at $2.79, with a drop below $2.70 potentially opening the door to $2.58.
On the upside, she highlighted Fibonacci extension levels pointing to $4.00 and $4.40 as the next significant resistance zones.
“The market is preparing for a major trend shift,” she said.
Meanwhile, crypto analyst CryptoBull suggested that XRP could rally as high as $5 in October if it breaks out of a bull flag pattern currently visible on the charts.
Whale Accumulation Offers Market Support
Onchain data provided further optimism for XRP’s outlook.
Santiment’s Supply Distribution metric showed steady accumulation among wallets holding between 1 million and 10 million XRP.
These addresses added 30 million XRP over the past two days, raising their holdings to 6.77 billion tokens—about 11% of the total circulating supply.
The data indicates that large holders did not sell during Monday’s dip but instead bought more, potentially signaling confidence in higher prices ahead.
By absorbing supply on declines, these whales may help establish price floors and encourage smaller investors to follow suit.
Holder Behavior Reinforces Positive Sentiment
Further supporting the bullish case, Glassnode data revealed that XRP’s net holder position change has been positive since late August.
This accumulation trend followed weeks of profit-taking during July and early August, when XRP reached its multi-year high of $3.66.
The recent activity suggests investors are positioning themselves for further upside, particularly in the $2.70 to $3.00 accumulation range.
This buying interest highlights the importance of these levels as a foundation for future price moves.
If bulls succeed in pushing past $3.40 and $3.66, momentum could accelerate quickly toward the $4 target zone.
BNB surged more than 10% over the weekend, reaching a record level above $1,080 while the broader cryptocurrency market remained relatively flat.
The rally has put the Binance-linked token in price discovery, fueling speculation about whether it can extend its upward trajectory in the weeks ahead.
Short-Term Risks From Overbought Levels
The latest rally pushed BNB’s relative strength index (RSI) into overbought territory on the four-hour chart.
This typically signals the risk of a cooling-off period or correction.
The token has already slipped nearly 3% from its intraday peak of $1,083.50.
Technical indicators point toward a potential retest of the 20-period exponential moving average (EMA) on the four-hour chart, which currently sits near $1,012.
That level also aligns with the 0.236 Fibonacci retracement zone, strengthening the case for a short-term pullback.
If selling pressure intensifies, the correction could extend deeper, with support at the 50-period EMA around $974.
Analyst Sees Strong Support at $970
Despite the overbought risks, analysts remain optimistic about BNB’s broader trend.
Market commentator Gael Gallot pointed out that BNB’s ability to stay above $970 is a sign of resilience, citing surging trading volumes and long positions dominating the derivatives market.
“BNB broke the 1000 mark and set a new high at 1074 before settling near support at 987 to 990,” Gallot noted.
“Trading volume hit 3.28 billion during the move, and momentum remains strong with a long short ratio of 17.71, showing bullish positioning.”
This $970 zone also coincides with the lower boundary of BNB’s ascending channel pattern, which has guided price action since June.
Historically, each retest of this trendline has triggered rebounds ranging between 20% and 35%.
October Target Above $1,150
If this pattern repeats, BNB could be on track to surpass $1,150 in October.
That would represent a 10% gain from current levels, even if the token first consolidates closer to the $970 support.
The channel’s historical reliability adds weight to this projection.
At the same time, the breakout has revived comparisons to earlier BNB rallies.
In 2020–2021, the token skyrocketed more than 2,600% after breaking through an ascending triangle pattern.
Year-End Prospects Point to $1,250 and Beyond
On longer-term charts, BNB is forming what analysts describe as a bullish cup-and-handle structure.
The recent move above the 1.618 Fibonacci extension near $1,037 has flipped that level into support.
Upside targets now include $1,250, projected from the cup-and-handle breakout, and potentially $1,565, based on the 2.618 Fibonacci extension.
If momentum holds, BNB could see its strongest phase of the cycle in the final months of the year.
On-Chain Indicators Support Optimism
BNB’s on-chain data appears to support the bullish technical outlook.
The Net Unrealized Profit/Loss (NUPL) metric has returned to the optimism-anxiety zone.
This level was last observed during the 2020–2021 bull market, when BNB rallied from under $50 to more than $600.
The metric suggests that most holders are in profit and lean optimistic, conditions often associated with mid-cycle strength.
While short-term corrections are still possible, both technical and on-chain signals indicate that BNB could be gearing up for its most decisive rally since the last major bull run.
The FTX Recovery Trust has confirmed plans to distribute a new round of reimbursements to creditors, marking another significant milestone in the ongoing effort to compensate those impacted by the collapse of the exchange.
The entity, which was established to handle repayments after the platform’s bankruptcy, said the latest tranche will be worth around $1.6 billion. The distribution is scheduled for September 30, with creditors expected to see funds arrive in their accounts within three business days of the payment date.
Breakdown of September’s Distribution
According to details shared by the trust, the payout will be distributed across different categories of claims.
Dotcom Customer claims will receive a 6% payout.
US Customer Entitlement Claims will see a 40% distribution.
General Unsecured Claims and Digital Asset Loan Claims will receive a 24% share.
Convenience claims, which are capped at smaller amounts, will benefit from a 120% reimbursement as part of this latest tranche.
This distribution follows two earlier payouts, which began earlier this year.
In February, the trust released $1.2 billion to claimants, followed by a much larger $5 billion payout in May.
Assets Set Aside for Creditors
The FTX Recovery Trust has earmarked up to $16.5 billion to settle claims from creditors and former customers.
The scale of these reimbursements reflects both the size of the exchange prior to its downfall and the magnitude of losses suffered when the company entered bankruptcy.
The collapse of FTX in 2022 had a seismic effect on the cryptocurrency market.
The event deepened the bear market that was already underway, eroding confidence in digital assets and sparking greater scrutiny from regulators worldwide.
Even today, traders and investors watch developments around repayments closely, given the potential impact large inflows of capital back into the market could have on prices.
Sam Bankman-Fried’s Conviction and Appeal
The downfall of FTX has been closely tied to its former chief executive, Sam Bankman-Fried.
In November 2023, he was found guilty on seven charges, including wire fraud, wire fraud conspiracy, securities fraud, commodities fraud conspiracy, and money laundering conspiracy.
He was sentenced in March 2024 to 25 years in prison.
Judge Lewis Kaplan, who presided over the trial, described Bankman-Fried’s actions and the collapse of the exchange as a “serious” crime that justified decades of imprisonment.
Bankman-Fried’s attorneys are preparing to appeal the conviction this November.
They have argued that he did not receive a fair trial, claiming he was effectively treated as guilty from the start.
The defense has also asserted that FTX was not truly insolvent and that the company had sufficient funds to meet its obligations and repay customers.
Market Implications
With the third payout approaching, speculation continues over how these distributions might influence the wider crypto sector.
Some analysts believe creditors receiving significant amounts of cash could lead to renewed investment in Bitcoin and other digital assets.
Others caution that creditors may simply choose to exit the market altogether, pocketing their reimbursements instead of reinvesting.
Either way, the September distribution represents another step forward in one of the most closely watched bankruptcies in recent financial history.
The AVAX price rally has caught many by surprise. The layer-1 Avalanche chain’s native crypto had been struggling to keep up with the likes of SOL and BNB for months, but it now appears to be breaking through resistance on its way to potentially hitting a six-month high.
The rally has pushed $AVAX to above $30 for the first time in several years, marking a 300% return from its 2022 lows of under $10. However, a return to a new all-time high remains a long way off, and some AVAX price predictions suggest it won’t be coming anytime soon.
The LivLive crypto presale has also launched, bringing a new opportunity to the market with its native $LIVE token, which will act as a means of exchange and reward in the project’s augmented reality (AR) ecosystem.
AVAX Rallies: Can It Hit $50 in 2025?
The AVAX rally has outpaced the broader market, especially other cryptocurrencies with market capitalizations above $10 billion. The AVAX has surged from its 2025 low of $16.50 to over $30, adding several billion dollars to its market cap and pushing it into the top 20 coins by cap on CoinGecko.
Avalanche is a high-speed blockchain network designed for scalability and interoperability. It uses a unique consensus mechanism that enables rapid transaction finality, making it one of the fastest and most efficient smart contract platforms in the market. AVAX, the network’s native token, has a maximum supply capped at 720 million.
The AVAX token was hit hard during the 2022 bear market, which saw its price collapse from over $140 to under $10. At the depths of the downturn, many believed Avalanche might never fully recover.
Since then, AVAX has rallied more than 300% from its bear market low, though it still trades at around 80% below its all-time high. Another concern is that the total value locked (TVL) on Avalanche has not grown in line with price, which is one reason why some AVAX predictions remain cautious about the token reaching $50 in the near future.
Avalanche total value locked. Source: DeFiLlama
$LIVE Presale Offers 12x on Launch and M2E Crypto Rewards
The $LIVE crypto presale is currently trading at $0.02 with a launch price of $0.25, offering just over 12x potential returns for presale buyers. The presale is slightly different from the standard presale model, where users simply swap BTC, ETH, or USDC for tokens. Instead, buyers can purchase bundles that include a token allocation, an NFT key to access a virtual giveaway, bonus mining allocations, and a physical wristband that unlocks the LivLive AR world.
LivLive is an augmented reality ecosystem that merges AI, blockchain, and gamification to reward real-world actions with M2E crypto prizes. Players armed with the app synced LivLive wristbands can complete quests such as posting service reviews, visiting their favourite shops, or conquering gym sessions to earn $LIVE tokens and real-world assets (RWAs). Businesses and brands also benefit by launching quests that serve as interactive and verifiable marketing campaigns.
The $LIVE token follows a transparent distribution model with a hard-capped supply of 5 billion. New supply is introduced post-launch through mining allocations tied to presale bundles, incentivizing activity and ensuring a sustainable economy.
For example, the $250 IGNITE bundle includes 12,500 tokens plus a 140 percent mining bonus of 17,500 tokens, totaling 30,000 tokens. At the launch price of $0.25, this allocation could be worth $7,500, representing a 30x return.
LivLive’s Business Integration: Driving Demand for $LIVE
The $LIVE token will act as a means of exchange across the LivLive ecosystem, where businesses, brands, and users interact through quests and events. The idea of the LivLive AR gamified world is to give businesses the opportunity to launch interactive and verifiable marketing campaigns that players enjoy participating in while earning crypto rewards.
The LivLive protocol integrates AI, move-to-earn (M2E) mechanics, gamification, and proof-of-presence wristbands to ensure that campaigns are both authentic and effective. Businesses can create in-game quests, such as rewarding users for visiting a new café, attending a fitness class, or leaving a review at a local bar.
Players completing M2E crypto quests verify their presence through their wristbands, while AI ensures that quests and rewards are personalized to user behavior. To run these campaigns, businesses will need to buy and use $LIVE tokens, creating ongoing demand and adding real economic value to the ecosystem.
Final Thoughts on the AVAX Trading Action and $LIVE Presale
The AVAX trading action has been positive for several months now, marking a huge change in sentiment since the 2022 bear market pushed the layer-1 crypto under $10. Whether AVAX can hit $50 this year is hard to predict, but most price prediction experts believe that it is unlikely.
The $LIVE presale has positioned itself as the leading crypto in the AR and M2E market, offering real utility and opportunities to traders, Web3 gamers, and businesses. The $LIVE token is trading for $0.02 with a launch price of $0.25, offering a potential 12x return.
The U.S. market is set to welcome its first exchange-traded funds (ETFs) based on XRP and Dogecoin, marking a milestone for altcoin investment products.
Fund issuer REX-Osprey confirmed that the XRP ETF is expected to debut this week, while a Dogecoin ETF will follow shortly after.
XRP ETF to Trade Under XRPR
The REX-Osprey XRP ETF, set to trade under the ticker XRPR, will provide spot exposure to XRP, currently the third-largest cryptocurrency by market capitalization.
The fund has cleared the Securities and Exchange Commission’s (SEC) 75-day review window and is slated to begin trading on Friday, barring unforeseen delays.
The launch falls under the Investment Company Act of 1940, which allows funds to automatically take effect after 75 days unless the SEC raises objections.
This pathway differs from the Securities Act of 1933, which governs spot Bitcoin ETFs and involves a more complex approval process.
Market Views and Demand
Industry experts see the launch as a key test for demand.
“This will be another good litmus test for ‘33 Act spot XRP ETF demand,” said Nate Geraci, President of ETF consultancy Nova Dius.
He noted that futures-based XRP ETFs are already nearing $1 billion in assets.
Dogecoin ETF Follows Suit
Dogecoin is also set for its first U.S.-listed ETF.
“As of now, the Doge ETF DOJE is slated for a Thursday launch,” Bloomberg ETF analyst Eric Balchunas said.
The REX-Osprey Dogecoin ETF will also operate under the 1940 Act framework.
It marks the first memecoin ETF in the country and reflects growing acceptance of alternative cryptocurrencies in mainstream investment channels.
Track Record and Other Products
REX-Osprey has been active in the altcoin ETF space.
In July, the company launched a Solana staking ETF, though investor appetite has been limited, with just $274 million in assets since launch.
In late August, REX-Osprey also filed for a BNB staking ETF.
A Pipeline of Crypto ETFs
The new launches are part of a broader wave of crypto ETFs under review.
According to Bloomberg analyst James Seyffart, more than 90 such products are currently awaiting SEC approval.
Among them is Canary Capital’s Litecoin ETF, which is expected to receive a final decision in early October.
Bitwise has also filed for a spot Avalanche ETF, joining VanEck and Grayscale as contenders for approval.
However, the SEC has delayed decisions on other filings, including Bitwise’s Dogecoin ETF and Grayscale’s Hedera ETF, extending deadlines until November 12.
The imminent arrival of XRP and Dogecoin ETFs is expected to set the tone for how regulators and investors approach the next wave of altcoin investment vehicles.
Bitcoin entered the new trading week under pressure, with prices circling weekend lows of around $115,000 as investors looked ahead to a pivotal U.S. Federal Reserve meeting.
The world’s largest cryptocurrency avoided sharp volatility but remained on watch for signals that could shape its near-term direction.
Cautious Market Moves
Data from TradingView showed Bitcoin dropping toward $115,000 after peaking at $116,800 during Friday’s Wall Street session — its highest level since late August.
“Pretty clear price is being walked down here yet again going into a new week,” trader Skew wrote on X, adding that there was “some pretty decent bid depth & liquidity just below $115K.”
“Time to pay attention,” he concluded.
Other analysts emphasized that Bitcoin’s short-term goal was not a breakout, but rather regaining stability at key support levels.
Traders Focus on $114K Support
Popular analyst Rekt Capital explained that the immediate task was for Bitcoin to reclaim $114,000 as a firm base.
“The goal isn’t for Bitcoin to break $117k in the short-term,” he wrote.
“The goal is for Bitcoin to reclaim $114k into support first. Because that’s what would enable the premium-buying necessary to get price above $117k later on.”
Despite short-term uncertainty, Rekt Capital maintained that Bitcoin’s bull market remained intact and that fresh all-time highs were likely still ahead.
He added that a weekly close above $114,000 would be considered “bullish.”
Fed Rate Cut Expectations Dominate
Beyond Bitcoin, the spotlight was firmly on the Federal Reserve’s upcoming policy decision.
Markets were near-unanimous in predicting a 0.25% rate cut, a move that could further support risk assets, including cryptocurrencies.
Analysts argued that improving U.S. economic data, looser financial conditions, and broad participation from cyclical industries all point to continued economic expansion.
In a recent update, trading firm Mosaic Asset Company struck an optimistic tone.
“The combination of improving leading indicators, ongoing loose financial conditions, and strong market breadth that includes participation by cyclical industries favors an ongoing economic expansion in my opinion,” its author wrote.
“That supports the earnings outlook which is ultimately good for stock prices at the same time the Fed is set to resume rate cuts. That could make for an excellent trading environment into next year.”
Dogecoin has staged a powerful rally, gaining nearly 40% in just seven days, far outperforming the wider cryptocurrency market, which rose around 8% in the same timeframe.
The price of DOGE now sits close to $0.296, up from $0.21 earlier this month, as traders point to strong technical and onchain signals suggesting further growth.
Bullish Technical Breakout
On the weekly chart, Dogecoin has broken out of a multimonth symmetrical triangle, a continuation pattern that typically signals further upside.
Trading volumes surged during the breakout, more than tripling compared to average levels, indicating strong momentum behind the move.
Chart projections suggest Dogecoin could rise as high as $0.60, a gain of about 95% from current levels, by October.
Some analysts, including CryptoKing and CryptoGoos, have issued more conservative targets near $0.45, which aligns with resistance from a broader multiyear triangle.
Key Support Levels to Watch
Dogecoin’s relative strength index (RSI) remains below the overbought threshold of 70, giving bulls further room to push higher.
Still, traders warn that DOGE must hold above its 50-week exponential moving average, currently near $0.227, to sustain the bullish setup.
A decisive drop below this level could trigger a deeper correction toward the 200-week EMA around $0.215.
Signs of More Growth Potential
Beyond technical patterns, onchain indicators point to additional upside.
Dogecoin’s MVRV Z-Score, which measures whether an asset is over- or undervalued compared to historical holder costs, currently sits at 1.35.
In past cycles, similar readings have preceded major rallies, including last November’s 230% surge.
By contrast, extreme highs — such as the Z-Score exceeding 20 during DOGE’s all-time peak near $0.70 in 2021 — signaled overheated conditions.
The modest current reading suggests that investors are not sitting on excessive unrealized profits, leaving more room for price appreciation.
Can Dogecoin Repeat Historic Rallies?
With momentum building, comparisons are being made to past explosive moves, particularly last year’s triple-digit surge.
Analysts say the current setup leaves open the possibility of another significant rally if key supports hold and broader crypto sentiment remains positive.
While risks remain — including sudden market corrections and broader macroeconomic factors — Dogecoin’s breakout has strengthened the case for further gains in the coming weeks.