The Dogecoin price has been defying broader market weakness by establishing a 
series of higher lows. Amidst the market downturn, technical indicators 
suggest that Dogecoin could be setting the stage for an explosive rally, with 
analysts predicting a 270% surge to a new price high. Dogecoin Price Prepares 
For 270% Surge A Dogecoin price chart shared by crypto analyst Javon Marks 
reveals a critical shift in momentum. Following a prolonged downtrend that saw 
the meme coin’s price crash to significant lows, Dogecoin has now broken out 
of a descending trendline, signaling the potential end of its bear cycle. 
Related Reading: Cardano Price Could Be Set For 100% Rally As This Bullish 
Triangle Has Formed On The Daily Timeframe Since reaching a cycle low, 
Dogecoin has consistently posted higher lows — a common sign of growing buying 
pressure and a steady uptrend. Following the formation of its latest higher 
low, Marks believes that DOGE is now positioned in a bullish set-up. 
Historically, similar patterns have preceded parabolic moves in the Dogecoin 
price, suggesting that the meme coin could be gearing up for an uptrend 
continuation. According to Marks‘ analysis, if Dogecoin follows the 
established trend, the next impulsive wave could push its price to $0.653, 
marking an explosive 270% surge. While past higher low formations support the 
likelihood of the analyst’s projected rally, Dogecoin’s recent breakout from 
the descending trendline reinforces its bullish structure. Marks also suggests 
that a climb to the $0.63 level could serve as a launchpad for Dogecoin, 
potentially driving its price even higher to $1.25 if its momentum persists. 
Despite the ongoing market volatility, DOGE continues to hold key support 
levels as it eyes a fresh breakout. Notably, a surge to the $1.25 target would 
mark an impressive 681.25% increase from the meme coin’s current market value 
of $0.16. DOGE Faces Make Or Break Level According to crypto analyst Ali 
Martinez, the Dogecoin price is currently at a make-or-break point, meaning 
that its next move could determine whether it sees a significant breakout or a 
sharp decline. Sharing a price chart highlighting Fibonacci retracements and 
trend channels, the analyst revealed that Dogecoin is sitting on a key 
ascending trendline that has acted as support since 2018. Related Reading: 
Pundit Gives Dogecoin Price 30-40% Chance Of Crash To $0.165 As RSI Enters 
Oversold Levels This trend line aligns with the 0.796 Fibonacci retracement 
level at $0.16, marking it a crucial support zone. If Dogecoin holds above 
this level, it could trigger a bullish continuation, with the next major 
Fibonacci extension level at $0.57. Surpassing this price mark could also 
propel Dogecoin to the 1.272 Fib at $2.77. On the flip side, if Dogecoin 
breaks below $0.16, the next major support lies around the 0.618 Fib at $0.06. 
The analyst’s chart also highlights a possible breakdown to $0.0066 or even as 
low as $0.0016 if bearish momentum persists. Featured image from iStock, chart 
from Tradingview.com

Dogecoin Price Notches Higher Lows Amid Market Downturn, Why A 270% Surge Is Possible

Ray Dalio warns that Donald Trump&#8217;s tariff policies could lead to global 
stagflation and significantly alter U.S.- China trade relations. Dalio&#8217;s 
analysis highlights the &#8220;first-order&#8221; effects of tariffs, which can generate 
revenue but also reduce global production efficiencies. Dalio Backs Trump&#8217;s 
Tariff Revenue Claim Ray Dalio, founder of Bridgewater Associates, has issued 
a stark warning […]

The Dark Side of Tariffs: Dalio Predicts Global Stagflation and Economic Upheaval

EigenLayer plans to start &#8220;slashing&#8221; restakers on April 17, resulting in the 
Ethereum restaking protocol&#8217;s &#8220;first feature-complete iteration,&#8221; it said in 
an April 2 announcement.
Implementing slashing will mark EigenLayer&#8217;s final step toward establishing 
the protocol as &#8220;infrastructure for a new generation of verifiable apps and 
services built on the Verifiable Cloud,&#8221; it said in a post on the X platform.
In 2024, EigenLayer started distributing rewards &#8212; including emissions of its 
native EIGEN token &#8212; to incentivize restakers. However, slashing has so far 
been limited to EigenLayer&#8217;s testnets.
Once slashing is live, node operators and restakers will be able to 
voluntarily &#8220;opt-in,&#8221; resulting in a gradual transition for users, EigenLayer 
said in a blog post.
_Slashing starts on EigenLayer &#8216;s mainnet soon. Source: __EigenLayer_
 _**Related:**__**EigenLayer eyes consumer adoption post EIGEN unlock, founder 
says**_
### Gradual roll-out
Launched in 2023, EigenLayer secures third-party protocols &#8212; dubbed actively 
validated services (AVSs) &#8212; against a pool of &#8220;restaked&#8221; cryptocurrencies 
used as collateral.
Restaking involves taking a token that has already been staked &#8212; posted as 
collateral with a validator in exchange for rewards &#8212; and using it to secure 
other protocols simultaneously.
Slashing is the primary method for securing proof-of-stake protocols &#8212; 
including Ethereum as well as &#8220;restaking&#8221; protocols such as EigenLayer &#8212; and 
involves penalizing a network&#8217;s node operators for poor performance or 
misbehavior.
&#8220;If Operators do not meet the conditions set, the AVS may penalize them. But, 
if the Operator runs the service successfully, AVSs can reward the Operator&#8217;s 
performance and incentivize specific activity,&#8221; EigenLayer said in an April 3 
blog post.
This &#8220;allows for a free marketplace where Operators can earn rewards for their 
work and AVSs can launch verifiable services,&#8221; the post said.
_EigenLayer &#8216;s total value locked (TVL) over time. Source: __DeFILlama_
### Growing ecosystem
Upward of 30 AVSs are already live on EigenLayer&#8217;s mainnet, and dozens more 
are being developed.
They include EigenDA &#8212; run by EigenLayer developer Eigen Labs &#8212; and ARPA 
Network, a protocol specializing in trustless randomization.
In October, EigenLayer unlocked its native token, EIGEN. It is designed as a 
more flexible option for securing consensus-based protocols than other proof- 
of-stake tokens, such as Ether, according to EigenLayer.
EigenLayer is prioritizing onboarding crypto-native apps in segments such as 
decentralized finance (DeFi) and gaming before expanding beyond Web3, founder 
Sreeram Kannan told Cointelegraph in October.
&#8220;We&#8217;re starting with the inside-out approach, focusing on high-throughput 
consumer apps like DeFi and gaming, but once we grow a little bigger and have 
critical mass, we&#8217;ll go outside and start targeting broader consumer markets,&#8221; 
Kannan said.
_**Magazine:**__**XRP win leaves Ripple a &#8216;bad actor&#8217; with no crypto legal 
precedent set**_

EigenLayer to begin 'slashing' restakers in April

An analyst has explained how Dogecoin could be at a make-or-break level right 
now based on a technical analysis (TA) chart pattern. Dogecoin Is Retesting 
The Lower Bound Of An Ascending Channel In a new post on X, analyst Ali 
Martinez has shared a TA pattern potentially forming in the meme coin&#8217;s 1-week 
price chart. The pattern in question is an Ascending Channel, which appears 
when an asset trades between two parallel trendlines slopped upwards. As the 
price curve moves inside the channel, it observes consolidation toward the 
upside. The upper line of the pattern acts as a ceiling, providing resistance 
when the asset retests it. Similarly, the lower line acts as a point of 
support. Related Reading: Dogecoin, XRP Among Coins Seeing The Largest Decline 
In Profit Supply: Data In the scenario that one of these levels breaks, the 
price can see a continuation of the trend in that direction. That is, a surge 
above the channel can be a bullish signal, while a drop under it is a bearish 
one. Now, here is the chart posted by the analyst displaying the Ascending 
Channel that the weekly Dogecoin price has been traveling inside for the last 
few years: As is visible in the above graph, the 1-week price of Dogecoin has 
recently witnessed a plunge to the support level of this multi-year Ascending 
Channel, situated around $0.16. The last time that the meme coin retested this 
line was last year and back then, the coin was able to find a successful 
bottom, which launched its price into a bull rally. Given this trend, the 
latest retest of the line could also prove to be crucial for the 
cryptocurrency, with the analyst even tagging the level as a &#8216;make-or-break&#8217; 
one. As for the potential scenarios that this retest can lead to, the analyst 
has noted, &#8220;if $0.16 holds, a rally to $0.57 could follow. If it fails, a drop 
to $0.06 becomes likely.&#8221; These targets are based on the Fibonacci Retracement 
levels, which are lines that correspond to important ratios from the popular 
Fibonacci series. Fibonacci Retracement levels are taken from a specific price 
top, with the point of the top corresponding to the 1 level. From the chart, 
it&#8217;s visible that DOGE is currently trading almost exactly at the 0.786 level, 
making the asset&#8217;s current retest have another layer of significance. A 
breakdown could send the coin to the next retracement level, 0.618, which 
corresponds to the $0.06 target that the analyst has given. Related Reading: 
Bitcoin Fear &amp; Greed Index Approaches Neutral As BTC Recovers To $85,000 
Similarly, a surge upward could help Dogecoin touch the higher 1 level, 
situated around $0.57. It now remains to be seen how the memecoin&#8217;s retest 
would go. DOGE Price Dogecoin has had a bearish past day as it has dropped to 
$0.16 following a drawdown of more than 8%. Featured image from Dall-E, charts 
from TradingView.com

Dogecoin To $0.57 Or $0.06? Analyst Says DOGE’s Fate Hinges On This Level

The cryptocurrency exchange Gemini, backed by Cameron and Tyler Winklevoss, 
plans to move into a Miami-area office space, as US Securities and Exchange 
Commission (SEC) enforcement case may have reached its end.
According to a March 31 post from Sterling Bay Properties, Gemini signed a 
lease for an office in Miami&#8217;s Wynwood Art District. The move would expand the 
exchange&#8217;s offices from Europe and New York to Florida, where some crypto 
companies are headquartered.
Bloomberg reported Gemini was expected to move into the Miami office by May. 
Cointelegraph reached out to the exchange for comment but did not receive a 
response at the time of publication.
## Wrapping up regulatory issues?
The move to Florida came amid a federal judge ordering a 60-day stay on the 
SEC&#8217;s lawsuit against Gemini Global Capital &#8220;to allow the parties to explore a 
potential resolution.&#8221; The enforcement action, filed in January 2023, alleges 
the crypto firm offered and sold unregistered securities through its Gemini 
Earn program.
Cameron Winklevoss said in February that the regulator had closed an 
investigation into a separate matter involving Gemini. The firm also agreed in 
January to a $5 million penalty imposed by the US Commodity Futures Trading 
Commission over alleged &#8220;false and misleading&#8221; statements related to its 2017 
bid to offer Bitcoin (BTC) futures contracts.
_**Related:**__**Crypto PAC-backed Republicans win US House seats in Florida 
special elections**_
Gemini reportedly filed confidentially for an initial public offering (IPO) 
earlier this year. The exchange may have pursued an IPO as early as 2021 
before shares of many US-based crypto firms were publicly traded.
Several crypto firms have regional offices in Miami, possibly due to Florida&#8217;s 
seemingly favorable regulatory environment and the lack of state income tax 
for residents. Ripple Labs has an office in the Wynwood neighborhood, not far 
from Gemini&#8217;s future location, and BTC miner MARA Holdings is headquartered in 
Fort Lauderdale.
_**Magazine:**__**Crypto City: The ultimate guide to Miami**_

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