Meme cryptocurrency may soon be hot as their leader dogecoin

formed a golden cross, hinting at a huge price surge in the future.

A golden cross occurs with a simple moving average of 50 days (SMA) The price of the asset exceeds the 200-day SMA. The crossover shows that the short-term momentum is outweighing the long trajectory and could evolve into a major bull run.

Dogecoin averages bullished early today. Golden Cross is considered a positive indicator, but it has a complex record of predicting trends in most markets, including stocks, Bitcoin and Doge. This makes it less reliable as a standalone indicator.

That said, most of Doge’s previous big moves unfolded with the arrival of Golden Cross. For example, after the Golden Cross happened on November 6th, 2024, the price went from 130% to 46 cents in four weeks. Prices rose 25% in the four weeks since the average became bullish on November 22, 2023.

Similarly, a Golden Cross occurred in early November 2020, marking the start of a major four-month bull run, which saw prices rise above 1,000% in four months.

Let’s see if history repeats itself.

Read more: Sharp 7% Drop sends Doge to 22-cent support with a ton of selloffs

The price action of Shiba Inu is consolidating just above the $0.0000134 level, signaling a critical moment. SHIB tried to regain the $0.000015 zone following an aggressive surge earlier this month, but it was once more forcefully rejected close to the 200-day moving average, which led to a local correction. 

SHIB is currently making an effort to level off above the orange 100-day EMA, which serves as a soft support. With decreasing volume indicating a lack of buyer conviction, the momentum has obviously cooled off. There is no clear trend direction indicated by the Relative Strength Index (RSI), which remains neutral between 48 and 50. Investors are paying great attention because this is a classic SHIB decision point. 

The asset is likely to move lower toward $0.00001267 and possibly even the psychological support at $0.000012 if bulls are unable to use volume to push the price above the $0.00001449 resistance. The July breakout attempt would be effectively nullified by this deeper retracement.

However, if SHIB is able to break above $0.0000145 with fresh buying pressure, the door will open for $0.000016 and ultimately $0.00002. The development of a bullish continuation pattern would be validated by this upward move, which might also start a surge of speculation. 

SHIB is currently trapped between horizontal support/resistance zones and major moving averages, making market hesitancy evident. Retail traders and whales are waiting for a catalyst, whether macro or on-chain, that could bias either side. 

Solana’s small boost

With price action breaking through several resistance zones and moving toward the psychological mark of $200, Solana has been on a strong uptrend since the beginning of July. In keeping with its short-term bullish structure, the asset is currently trading at about $184 and is displaying indications of consolidation above $175.

More intriguingly, a technical configuration that could be a golden cross is approaching. This pattern, which is frequently taken as a bullish indication  is created when the 50-day moving average (orange line) crosses above the 200-day moving average (black line). In the case of SOL, that crossover is probably going to happen in the upcoming sessions regardless of whether the price continues to rise or stays unchanged.

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The unsettling reality is that this golden cross is currently all but worthless. The pattern is being formed following a huge rally even though it typically indicates longer-term bullish momentum. SOL has already exploded from below, $140 to almost $210, in a matter of weeks. 

Anyone betting on the golden cross at this time is just late to the party, as traders who are riding this trend have already reaped the benefits. As a lagging indicator, it serves more as a confirmation of the past than as a catalyst in this particular situation.

Volume has begun to taper down, suggesting that momentum is waning and the RSI has cooled off from overbought levels. The next significant support is located in the $162-164 zone, where all of the important EMAs are stacking up and a break below the ascending trendline and failure to hold $175 could lead to a more severe correction.

Bitcoin can blow up

Each candle closing within this range pushes the spring further, and Bitcoin is coiling tighter. Bitcoin has been consolidating just below the crucial resistance zone at $120,000, which it has repeatedly approached but failed to break through, and is currently trading at about $119,000. 

However this is a textbook example of a volatility squeeze. This structure is a classic example of a continuation pattern. Early in July, Bitcoin broke out of the descending triangle and began a gradual upward grind, but the momentum has since slowed. Low volume, compressed volatility and shrinking daily candles are all signs of an upcoming breakout. The RSI is still above 60, indicating that bulls are still in control. 

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This arrangement is made even more explosive by the multi-layered support that is developing underneath. At $116,000 the 20-day EMA is comfortably positioned, and the 50-day is not far below. Because of the strong floor these stacked moving averages provide for Bitcoin, there is less chance of a significant decline unless a black swan occurs. Combine that with the macro story, which includes historically bullish Q4 setups, declining exchange balances and ETF inflows. 

We may witness a sharp increase toward the $125,000-$130,000 range and potentially higher if momentum holds once Bitcoin convincingly breaks above $120,000, particularly on a daily close with a volume spike. There is a catch, though: the move will be more violent the longer Bitcoin remains flat. This is a when-and-where scenario rather than a maybe one. Bitcoin is about to make a decision as volatility returns. The trend indicates that the path of least resistance is still upward.

Over $1 trillion of a precious and highly desirable metal is ready and waiting to be mined on the moon – and it’s not gold, according to researchers.

A massive pile of platinum has accumulated under the moon’s surface, according to a paper published in the journal Planetary and Space Science.

Lead researcher Jayanth Chennamangalam tells New Scientist that the trillion-dollar estimate stems from findings that around 6,500 lunar craters, each at least 1 kilometer wide, contain significant platinum group metal (PGM) deposits from asteroid impacts.

The study spotlights the commercial potential of resources in space, which could attract private investment and reduce reliance on government funding for space exploration.

And lunar mining could be far more viable than extracting resources from near-Earth asteroids, with the moon offering a vastly larger number of potential mining sites.

Beyond its appeal in jewelry, platinum is coveted for its strength and vital use in high-tech applications, powering everything from clean energy solutions to life-saving medical equipment.

The precious metal’s price has soared this year, climbing over 30% to around $1,400 per troy ounce, driven by a global supply deficit and rising demand from the automotive and jewelry sectors.

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NASA’s Center for Near-Earth Object Studies has been tracking Asteroid 2024 YR4 since it first came into view last year. While initial estimates predicted up to a 3.1% probability that the asteroid would strike the Earth, with additional data, that probability has dropped to 0.00081%. Using the last bit of data the James Webb Space Telescope was able to gather before the asteroid makes its way around the Sun, the center has also updated the probability that the asteroid will strike the moon, raising it to 4.3%, up from an earlier estimate of 1.2%.

NASA emphasizes that if an unlikely collision were to occur, it would not alter the moon’s orbit. According to New Scientist, however, while the moon itself may not be at risk, the debris from the impact could endanger the thousands of artificial satellites orbiting the Earth.

A team from the University of Western Ontario in Canada calculated that the impact could create a kilometer-wide crater, spewing an amount of debris at satellites “equivalent to what we would expect to see in years or even decades, but occurring in just a few days.” The debris would likely destroy any satellites but could cause irreparable damage.

NASA’s Planetary Defense Coordination Office told New Scientist it would be “premature to speculate on potential response options” at this point. When 2024 YR4 comes back into view in 2028, scientists will have about four years to refine the data and develop a plan if a collision appears likely.

Previously:
• NASA bringing asteroid hunters to Sundance
• Asteroid flying close to Earth turns out to be douchebag’s car
• Comparing the size of known asteroids to New York City

According to market engineer Canton Meow (@cantonmeow), a single metric (a simple moving average of 20 months) should be a line that can separate another vertical rally from the catastrophic breakdown of Dogecoin. Currently, Doge sits comfortably above its moving average, and is currently plotted at $0.1751. The black curves on the cat chart show only three clean retests of the 20-month SMA since 2014.

We’re all looking at Dogecoin’s 20-month SMA

It was originally made in March 2017 when the price tapped the average nearly $0.00020, then tore over 9,000% to its peak in January 2018. The second occurs in the winter of 2020, with prices being about a quarter of the cents before 34,500% of the following May before it reaches $0.73. The third and current encounter began last August when Doge recovered more than 480%.

As of today, two consecutive monthly candles were soaked in a zone of less than 20 cents, but both were actively purchased, leaving a higher core, maintaining an average upward gradient. Cantonese cats claim that “we’ll be higher” as long as its moving average remains intact. The decisive monthly end, under $0.175, could risk the entire structure with this read and mark the arrival of a kind of months-long downtrend following the climaxes of 2018 and 2021.

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Total2 must occur

Analyst Kevin (@kev_capital_ta) overlays the microview with a much wider canvas. His chart tracks the total Crypto Markes Capitalization Ex-Bitcoin (TradingView Ticker “Total2”) with two bold yellow trend lines, with monthly candles, with the seven-year ascent channels that top railways fought off prices at the Alt-Season Tops in January 2017 and November 2021. Since its low in June 2022, the market has carved out a rising triangle. A series of rising highs pushes flat-top supply zones between around $1.43 trillion and $1.7 trillion.

The vertex of the triangle is approaching. The Aggregate Alt-Cap is already worth around $1.2 trillion. Between the current print and the confirmed breakout, it is nearly monthly on top of its yellow rectangle. Kevin’s projection measures the height of the pattern, adds it to the breakout level, dropping vertical markers that intersect with the near $5.89 trillion mid-channel.

Kevin’s first Fibonacci expansion target is 1.618 for $4.06 trillion. The higher extensions of 1.886, 2.0 and 2.618 are clusters of around $4.57 trillion, 5.89 trillion and 6.9 trillion respectively, which are almost exactly the last of which match the ceiling of the channel, surrounded by the ultimate in reverse objective for the analyst.

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Why is it important to Dogecoin? Meme-Coin’s two explosive cycles only began after Total2 broke its own pre-cycle highs and money was poured into non-Bitcoin assets. Kevin says, “Altcoins are just hooking the surface of what is possible in the coming months.” This is provided that macrofluidity and regulatory factors allow capital reversal from Bitcoin to the wider market.

In that scenario, Doge’s 20-month SMA is likely to continue to tilt higher, setting a stage of explosive movement. Conversely, the triangle failure of the Alt-Cap makes it much more possible to sustained losses of SMA and robs its historic launch pad Doge.

For now, the indicator is retained. And there is a prospect that it could potentially lead Dogecoin to be primed for another upside down match, even more intense. But as both analysts warn, the end of each month tells the story: 20-month SMA and Alt-Cap breakout, return to hibernation.

At the time of pressing, Doge traded for $0.189.

Featured images created with dall.e, charts on tradingview.com

Plus: 83% of institutions are going deeper into crypto… are you?

GM. Think of us as your crypto juice bar – blending the freshest updates into something smooth, drinkable, and just the right amount of sweet.

Institutions are coming.

News drops: Director spends Netflix’s money on crypto, Hollywood stars demand copyright protections + more

Market flavor today

Part of the reason for today’s combo of fear and excitement: traders are waiting to see what the Fed does with interest rates + what Jerome Powell says at 2:30 PM EST.

And, y’know, one funky comment from him could make the entire market go sicko mode.

Now, many expect no changes to interest rates – CME Group’s FedWatch tool is giving that a 99% probability. If that’s the case, Bitcoin might just keep the same sideways path it’s been on.

No surprises there.

But here’s where things could get interesting – the quantitative tightening (QT) program.

Last year, Powell hinted that QT (aka the Fed cutting down its balance sheet) might end in 2025.

If he brings that up today, it could be a sign that the Fed is open to restarting buying debt if needed – which basically means they might start putting more money into the system again.

And when there’s more cash in the system, investors tend to feel richer and are more willing to take risks on assets like Bitcoin.

Oh, and there’s something else: spot Bitcoin ETFs had $209.1M in net inflows yesterday.

That’s a change compared to previous FOMC meetings, where investors dumped BTC ahead of the rate decision.

The takeaway here? A few things:

• Some institutional investors might be expecting the Fed to soften its stance;

• Others could be hedging against uncertainty, meaning they think Bitcoin is a good bet no matter what Powell says.

So yeah, keep an eye on today’s announcement. But if you miss it, no worries – we’ll break it all down tomorrow.

Now, beyond the Fed drama, something else has been goin’ on under the surface – stablecoin supply has been rising fast since November 2024.

Normally, that could mean more liquidity for the market (= more fuel for prices to go up)… but here’s the weird part: it’s not actually helping investors much.

Why? Because, yes, the total supply is up, but stablecoin reserves on spot exchanges are down. At the same time, reserves on derivatives exchanges are increasing.

This suggests that right now, price action is mostly driven by derivatives trading rather than actual spot buying.

Translation: the market isn’t struggling with a lack of liquidity – it’s struggling with a lack of real buying demand.

And if that doesn’t change, expect more volatility in the short term.

Memecoin harvest

Somewhere out there, a random memecoin just turned a broke degen into a semi-rich degen

Data as of 05:55 AM EST.

Check out these memecoins and plenty more here.

In times like these, there’s always gotta be someone that delivers our daily dose of hopium.

That “someone” today: EY-Parthenon and Coinbase.

They surveyed decision-makers at 352 companies worldwide and came back with this fun conclusion: crypto’s going mainstream.

Here’s what the survey revealed:

1/ Institutions are getting serious about crypto

83% of surveyed institutional investors plan to increase their crypto holdings in 2025.

That’s cuz they see crypto as the best opportunity for solid returns over the next three years.

Other reasons they’re going in:

• Crypto is innovative tech, and they wanna be part of the future;

• They see it as a hedge against inflation.

2/ It’s not just BTC and ETH

Turns out, 73% of investors already hold altcoins (most stick to just one or two, tho’).

Top picks? XRP and Solana, followed by Dogecoin and Binance Coin.

3/ Interest in stablecoins

84% of investors are either using or planning to use stablecoins.

And no, it’s not just for buying other cryptos.

Institutions are using stablecoins for generating yield, foreign exchange, internal cash management, and external payments.

4/ DeFi is about to explode

Right now, only 24% of investors engage with DeFi. But in just two years, that’s expected to triple to 75%.

They’re drawn in mainly by derivatives, staking, lending, and cross-border settlements.

5/ Yes, challenges still exist

Even though institutions are generally bullish, there are still some concerns.

The biggest ones? Regulations, volatility, and secure custody.

But here’s the good part: 68% of investors believe that better regulatory clarity will be the next big catalyst for crypto growth.

The takeaway: institutions aren’t just testing the waters anymore – they’re diving into crypto this year.

And when big money starts pouring in… well, you know…

News drops

Film director Carl Erik Rinsch is facing charges after blowing Netflix’s money on everything but his sci-fi series Conquest. The millions he got were used to fund crypto trades, luxury cars, designer clothes, and even his divorce.

Apptronik got $403M in Series A funding – and ARK Invest was among the backers. This company has built 15 robots, including NASA’s Valkyrie.

400+ Hollywood stars – including Paul McCartney and Chris Rock – are urging the US government to keep copyright protections strong. They’re not happy about companies like Google and OpenAI wanting to loosen the rules so AI can train on their work.

Enemies-to-lovers story of the day: Minnesota state Senator Jeremy Miller and Bitcoin. He went from being a skeptic to now pushing the Minnesota Bitcoin Act.

Not every day you get a $50 welcome bonus just for trying an app. Changelly’s making it happen this month – download it, claim your bonus, and start swapping.*

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Juicy memes

One Gravity has sold out a new NFT series developed for 0G, an up-and-coming blockchain system that calls itself the planet’s largest DeAI L1 ecosystem. The collection follows a “Community First” approach, inviting participants to work together on the 0G platform and influence future plans.

With a supply of 1,888 tokens, One Gravity drew massive attention. Each NFT provides a chance for holders to join an exclusive family of supporters who believe in 0G Labs’ direction and are ready to back its next important chapter, or, as the 0G Gravity team says: “the journey to defy Gravity”.

The One Gravity NFT series completed its FCFS (First-Come, First-Served) minting phase on Ethereum on March 13, selling out in under a minute at a mint price of 0.1 ETH per NFT. The floor price quickly surged to 1.42 ETH (it currently stands at 1.28 ETH), with trading volume now near 740 ETH, putting the collection at #2 on OpenSea.

One Gravity NFTs on OpenSea

Fair Access and Mitigating Bots

Right before minting began, the project team adjusted the contract to cap purchases at one NFT per transaction. This step helped reduce automated buying and gave genuine collectors a better chance of securing a piece.

Along with its rapid sellout, One Gravity provides its holders with entry to a dedicated community. Those who have these tokens can look forward to additional benefits once the 0G Mainnet becomes fully operational. Alignment Node operators, in particular, may enjoy extra perks by pairing their nodes with a One Gravity NFT, presenting notable possibilities for those invested in 0G.

A Vision for AI and Web3 Integration

When it comes to allocation, 10% of the NFTs are set aside for the 0G Foundation, showing support for further development and group-driven efforts. Another 40% is designated for AI Alignment Nodes, tying the project to early 0G advocates, and the remaining 50% is made available to anyone looking to become part of this expanding network.

0G, also known as Zero Gravity, is considered the first decentralized AI operating system designed as a core platform for decentralized AI applications and blockchains. It coordinates hardware resources—such as storage and computing power—and software elements like data and models, enabling it to handle the wide-ranging requirements of AI workloads.

By uniting a community-focused mindset with 0G’s AI-based capabilities, One Gravity may help accelerate Web3 adoption while introducing new on-chain possibilities.