Dogecoin is showing signs of history repeating itself as a recent breakout 
begins to mirror a previous trend that led to a major rally. With structure 
aligning and momentum slowly building, the current setup is raising 
expectations that a larger move could be on the horizon. Descending Triangle 
Breakout Signals Trend Shift Charting Dogecoin on the daily timeframe, analyst 
Trader Tardigrade revealed that DOGE has successfully broken out of a 
descending triangle pattern, a structure typically associated with bearish 
continuation but one that can signal a strong reversal when invalidated. The 
breakout suggests a potential shift in market sentiment as buyers begin to 
take control. Related Reading: Dogecoin (DOGE) Reattempts Breakout, Bulls Eye 
Strong Rally Move The price action tells a clear story through three distinct 
attempts at the resistance level. During the first attempt, the price was 
firmly rejected, with the candle body closing below the resistance zone, 
highlighting a lack of buying pressure to challenge the trend. Furthermore, 
the second attempt showed early signs of a shift. Although the price was still 
rejected, the candle managed to close right at the resistance level. This 
subtle change indicated that buyers were stepping in with more conviction even 
as sellers continued to defend the zone. By the third attempt, the balance had 
clearly shifted. Price was no longer rejected, and the entire candle closed 
above the resistance zone, signaling a decisive breakout. Such a move confirms 
that resistance has flipped into support, marking a transition from seller 
control to buyer strength and opening the door for continued bullish momentum. 
Dogecoin Trades Differently From High-Volatility Small Caps Analyst Ultimae 
highlighted that the broader altcoin market has been under sustained pressure 
for quite some time, with many assets caught in a prolonged period of decline 
and overall stagnation. Market sentiment has remained relatively weak, 
limiting strong upside momentum across most major cryptocurrencies. Related 
Reading: Dogecoin Cracks Again: BTC Pair Collapse Signals Imminent Drop To 
$0.07 Despite this broader slowdown, signs of strength have started to emerge 
in some areas of the market. Some low market cap coins have recently broken 
above key downtrend resistance levels, delivering explosive gains of several 
hundred percent within short timeframes. These moves suggest that capital is 
beginning to shift back into riskier assets, often serving as an early signal 
of a potential broader market recovery. However, large-cap assets like 
Dogecoin, due to their size and liquidity, tend to move more gradually and 
rarely match the rapid, aggressive rallies seen in smaller-cap tokens. Even 
so, DOGE has previously demonstrated its ability to produce substantial gains 
under the right conditions. In 2024, after nearly a year of sideways 
consolidation, it broke out of a long-standing downtrend and rallied by 
approximately 300%. According to Ultimae, a larger structural pattern is now 
forming, suggesting that Dogecoin may be setting up for another major move if 
momentum begins to build. Featured image from Peakpx, chart from 
Tradingview.com

Dogecoin Breakout Mirrors Past Trend — Bigger Move Coming?

The liquidation highlights market sensitivity to geopolitical shifts, 
underscoring the fragile nature of crypto market stability amid global 
tensions.
The post Solana shorts liquidated for $24M as token surges past $90 appeared 
first on Crypto Briefing.

Solana shorts liquidated for $24M as token surges past $90

US President Donald Trump took to Truth Social to announce that the Strait of 
Hormuz is now fully open for passage — a declaration that came hours after 
Iran&#8217;s Foreign Minister, Abbas Araghchi, confirmed the waterway would be 
unblocked for all commercial vessels during the remaining period of the US- 
Iran ceasefire. Related Reading: Bitcoin, Ethereum Trading Expands As Charles 
Schwab Enters Crypto Market Trump Weighs In As Bitcoin Climbs Bitcoin reacted 
fast. The leading cryptocurrency jumped sharply after Araghchi&#8217;s announcement 
and rose above $76,000 — its highest mark since February. At the time of 
reporting, it was trading around $76,612, up more than 2% on the day, 
according to TradingView data. Trump had expressed optimism the previous day 
that the war with Iran would soon end. His Truth Social post citing Iran&#8217;s 
announcement added weight to what was already a significant shift in the 
region&#8217;s security posture. &#8220;The Strait will be open for the period of the 
remaining US-Iran ceasefire, which expires on April 22,&#8221; Foreign Minister 
Abbas Araghchi said. The ceasefire between the US and Iran has a hard deadline 
— April 22. The Strait reopening is tied to that window, and Iran&#8217;s Ports and 
Maritime Organization has already announced a coordinated route that vessels 
will be required to follow. Lebanon Deal Unlocks The Wider Equation The 
decision to reopen the Strait did not happen in isolation. Iran had long 
maintained that Lebanon was part of the conditions it agreed to in its 
ceasefire with the US. When Israel and Lebanon struck a 10-day ceasefire deal, 
it cleared a key condition for Iran to act. The Lebanon agreement, in effect, 
opened the door for the Hormuz announcement. That chain of events — Lebanon 
deal, then Hormuz reopening, then Bitcoin rally — unfolded within a compressed 
period, catching markets mid-session. The crypto market responded across the 
board, with broader sentiment lifted by reduced tensions in the Middle East. 
The Strait of Hormuz is one of the world&#8217;s most critical shipping lanes. A 
significant share of global oil exports passes through it. Any closure or 
threat of closure tends to rattle energy markets and risk assets alike. Its 
reopening, even on a temporary basis, removes one source of uncertainty for 
traders. Related Reading: Bitcoin Pressure Builds As Miners Dump 32K BTC In 
Just 3 Months What Happens After April 22? The current arrangement has a short 
shelf life. The ceasefire between the US and Iran expires in five days. 
Whether it gets extended — and whether the Strait remains open past that point 
— depends on negotiations that are still ongoing. Reports indicate that Iran 
views the Lebanon ceasefire as validation of its broader position in the 
talks. A resolution to the wider conflict, if reached, would likely be seen as 
a positive signal for Bitcoin and the broader crypto market. For now, the 
price reaction suggests traders are pricing in a degree of cautious optimism. 
No formal extension to the US-Iran ceasefire has been announced. Featured 
image from SeaTradeMaritimeNews, chart from TradingView

BREAKING – Bitcoin Breaks $76K As Iran Reopens Strait Of Hormuz

Slash raised $100M at a $1.4B valuation as it processes over $1B in annualized 
stablecoin payments for 5,000+ businesses, turning crypto into back‑office 
banking rails. Slash’s $100M round and stablecoin push Slash Financial, a 
business banking platform built for online‑first…

Slash hits $1.4B as stablecoin payments move into boring B2B banking

The yuan payment strategy highlights shifting global trade dynamics, 
potentially impacting oil markets and geopolitical alliances post-2026.
The post Indian refiners pay for Iranian oil in yuan under US waiver expiring 
2026 appeared first on Crypto Briefing.

Cryptocurrency price in MMK