Dogecoin’s price action is beginning to tell a quiet but compelling story, as key structural signals align to support a potential move higher. While the meme coin has stayed under the radar recently, a closer look at its chart reveals a foundation of gradually rising lows and well-respected support levels, which are classic traits of an asset quietly building strength. This setup suggests that Dogecoin may be forming a base for a larger upside move. If confirmed, the path ahead could see DOGE testing higher resistance zones as confidence subtly returns to the market. Ascending Wedge Emerges On DOGE’s 30-Minute Chart According to a recent analysis shared by Thomas Anderson on X, Dogecoin is currently forming an ascending wedge pattern on the 30-minute chart, a technical setup often associated with potential breakout scenarios. At the time of his post, DOGE was trading around $0.17397, testing the 200-period moving average. Related Reading: What Will Send Dogecoin Soaring? Analyst Reveals The Key Drivers Despite this overhead pressure, the price remains securely above a critical support zone at $0.16424, reinforcing the strength of the current uptrend on this lower timeframe. Anderson further emphasized that short-term momentum appears bullish, supported by a steady increase in trading volume, a positive sign that market participants are engaging with the move. However, he issued a note of caution based on broader context: the 1-hour chart shows DOGE is trading near the upper boundary of the pattern.  As the price approaches the pattern’s upper boundary, the potential for rejection and a pullback grows. Traders are advised to stay alert and consider both the bullish wedge on the M30 and the larger bearish context on H1, as this confluence might lead to heightened volatility in the near term. Dogecoin Nears Falling Wedge Breakout In a recent update shared on X, Whales_Crypto_Trading pointed out that DOGE is trading at the edge of a falling wedge pattern on the daily chart, a technical formation hinting at upcoming bullish reversals. This pattern has been developing over time, showing a gradual narrowing of price swings as DOGE coils within a tightening range. Related Reading: Dogecoin (DOGE) Eyes Breakout: Could an Upside Rally Spark Full-On Recovery? According to Whales_Crypto_Trading, if DOGE successfully breaks out of this wedge, it could unleash a powerful rally in the medium term, pushing prices 80–100% higher. This projection aligns with historical behavior following similar wedge breakouts, where compressed price action leads to explosive moves once resistance is cleared. The setup highlights a crucial moment for DOGE, with bulls looking for a confirmation signal while bears attempt to maintain downward pressure. A clean breakout could shift sentiment decisively, turning this long-standing consolidation into a strong upward trend. Featured image from Getty Images, chart from Tradingview.com

Dogecoin's price chart shows aligning structural signals, including rising lows and strong support levels, indicating a potential buildup for a future upward move. While the meme coin has been relatively quiet, these technical patterns suggest a confident foundation for higher price levels.  

Dogecoin Structural Signals Align: Chart Suggests A Quietly Confident Path Toward Higher Levels

Bitcoin has finally broken above the $96,000 mark, signaling a potential shift in market structure after weeks of consolidation and selling pressure. This breakout gives bulls the upper hand as momentum builds across the board, with renewed optimism that BTC could reclaim the $100K milestone in the near term. The market’s tone has shifted, and [&#8230;]

Bitcoin has finally broken above the $96,000 mark, signaling a potential shift in market structure after weeks of consolidation and selling pressure. This breakout gives bulls the upper hand as momentum builds across the board, with renewed optimism that BTC could reclaim the $100K milestone in the near term. The market’s tone has shifted, and […]

Bitcoin has surged past $96,000, breaking a prolonged consolidation phase and sparking bullish momentum. Analysts suggest this could pave the way for a push toward $100,000, with three key scenarios likely shaping Bitcoin's next major price movement.  

Bitcoin Ratio Nears Key Threshold: 3 Scenarios That Could Define The Next Move

<img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDUvMDE5NjhkZDEtYmNjNy03OGE5LWFhODQtY2QzNmRiYTVjZWY5.jpg"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDUvMDE5NjhkZDEtYmNjNy03OGE5LWFhODQtY2QzNmRiYTVjZWY5.jpg" alt="Kraken finalizes NinjaTrader buy as Q1 revenue jumps 19%">Crypto exchange Kraken has completed its acquisition of the futures trading platform NinjaTrader and reported its first quarter revenues jumped 19% year-on-year to $471.7 million.Kraken <a data-ct-non-breakable="null" href="https://blog.kraken.com/news/kraken-q1-2025-financials" rel="null" target="null" text="null" title="null">said</a> in a May 1 report that its <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/kraken-reportedly-nears-billion-dollar-deal-allowing-futures-trading-us-report" rel="null" target="null" text="null" title="null">NinjaTrader acquisition</a> would give its US customers access to the traditional derivatives market, aligning with its <a data-ct-non-breakable="null" href="https://x.com/krakenfx/status/1902677547730772476?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1902677547730772476%7Ctwgr%5Eb9539fccc0b10981ae9d68f9cac4c29340861ba9%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.financemagnates.com%2Fcryptocurrency%2Fkraken-completes-15b-ninjatrader-acquisition-as-funded-accounts-jump-26-in-q1%2F" rel="null" target="null" text="null" title="null">plans</a> to expand its offerings and be the go-to platform for all types of trading.NinjaTrader is a registered Futures Commission Merchant with the Commodity Futures Trading Commission. Last month, it <a data-ct-non-breakable="null" href="https://blog.kraken.com/product/equities/stock-and-etf-trading" rel="null" target="null" text="null" title="null">rolled</a> out trading for over 11,000 stocks and exchange-traded funds to certain US clients.The deal, which Kraken dubbed the largest ever between a crypto and traditional finance firm, allows NinjaTrader to expand to the UK, continental Europe and Australian markets and comes as Kraken is preparing for an <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/crypto-exchange-kraken-exploring-1-billion-raise-report" rel="null" target="null" text="null" title="null">initial public offering</a> in early 2026. The company is exploring a debt package worth between $200 million and $1 billion to facilitate that transaction.<h2>Kraken revenue, trading volume falls on Trump&rsquo;s return</h2>Kraken&rsquo;s $471.7 million revenue in Q1 marked a 19% increase from the year-ago quarter but a 6.8% fall <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/crypto-exchange-kraken-revenue-doubled-2024" rel="null" target="null" text="null" title="null">from Q4 2024</a>.The exchange reported that trading volume fell 9.6% quarter-over-quarter to $208.7 billion while the value of its custodied assets fell 18% to $34.9 billion over the same time.Kraken attributed the drop to a &ldquo;slowdown in overall market trading activity&rdquo; as US President <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/betting-markets-q1-us-gdp-forecast-flips-negative-amid-tariff-turmoil" rel="null" target="null" text="null" title="null">Donald Trump&rsquo;s</a> threats of implementing sweeping tariffs triggered an 18% fall in the crypto market cap over the quarter.<figure><img src="https://s3.cointelegraph.com/uploads/2025-05/01968e6f-4e1c-7dbd-add6-2385f1aa912e" title="" alt="Kraken finalizes NinjaTrader buy as Q1 revenue jumps 19%"><figcaption style="text-align: center;">Key metrics from Kraken&rsquo;s Q1 report. Source: <a data-ct-non-breakable="null" href="https://blog.kraken.com/news/kraken-q1-2025-financials" rel="null" target="null" text="null" title="null">Kraken</a> </figcaption></figure>Kraken is one of several crypto platforms that saw record or near-record highs in <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/robinhood-shares-surge-q4-crypto-revenue" rel="null" target="null" text="null" title="null">trading activity in Q4</a> as Trump's November election win sparked larger-than-usual market volatility.Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/kraken-crypto-exchange-expands-us-stocks-etfs" rel="null" target="null" text="null" title="null">Kraken rolls out ETF and stock access for US crypto traders</a>Kraken said that despite a &ldquo;softening market,&rdquo; its adjusted EBITDA&nbsp; &mdash; earnings before interest, taxes, depreciation and amortization &mdash; jumped 1% from the previous quarter to $187.4 million.The firm also saw the number of funded accounts on its platform increase 10% quarter-on-quarter to 3.9 million, signaling &ldquo;deeper client engagement.&rdquo;Reuters <a data-ct-non-breakable="null" href="https://www.reuters.com/technology/kraken-lays-off-hundreds-ahead-ipo-coindesk-reports-2025-04-17/" rel="null" target="null" text="null" title="null">reported</a> on April 18 that Kraken restructured its workforce after Arjun Sethi was appointed as co-CEO last October. Sethi has laid off around 400 employees since.Magazine: <a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/crypto-banks-stablecoin-fight/" rel="null" target="null" text="null" title="null">Crypto wanted to overthrow banks, now it&rsquo;s becoming them in stablecoin fight</a><template data-name="subscription_form" data-type="markets_outlook" label="Subscription Form: Markets Outlook"></template>

Crypto exchange Kraken has completed its acquisition of the futures trading platform NinjaTrader and reported its first quarter revenues jumped 19% year-on-year to $471.7 million.
Kraken said in a May 1 report that its NinjaTrader acquisition would give its US customers access to the traditional derivatives market, aligning with its plans to expand its offerings and be the go-to platform for all types of trading.
NinjaTrader is a registered Futures Commission Merchant with the Commodity Futures Trading Commission. Last month, it rolled out trading for over 11,000 stocks and exchange-traded funds to certain US clients.
The deal, which Kraken dubbed the largest ever between a crypto and traditional finance firm, allows NinjaTrader to expand to the UK, continental Europe and Australian markets and comes as Kraken is preparing for an initial public offering in early 2026. The company is exploring a debt package worth between $200 million and $1 billion to facilitate that transaction.
Kraken revenue, trading volume falls on Trump’s return
Kraken’s $471.7 million revenue in Q1 marked a 19% increase from the year-ago quarter but a 6.8% fall from Q4 2024.
The exchange reported that trading volume fell 9.6% quarter-over-quarter to $208.7 billion while the value of its custodied assets fell 18% to $34.9 billion over the same time.
Kraken attributed the drop to a “slowdown in overall market trading activity” as US President Donald Trump’s threats of implementing sweeping tariffs triggered an 18% fall in the crypto market cap over the quarter.
Key metrics from Kraken’s Q1 report. Source: Kraken

Kraken is one of several crypto platforms that saw record or near-record highs in trading activity in Q4 as Trump's November election win sparked larger-than-usual market volatility.
Related: Kraken rolls out ETF and stock access for US crypto traders
Kraken said that despite a “softening market,” its adjusted EBITDA  — earnings before interest, taxes, depreciation and amortization — jumped 1% from the previous quarter to $187.4 million.
The firm also saw the number of funded accounts on its platform increase 10% quarter-on-quarter to 3.9 million, signaling “deeper client engagement.”
Reuters reported on April 18 that Kraken restructured its workforce after Arjun Sethi was appointed as co-CEO last October. Sethi has laid off around 400 employees since.
Magazine: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight

Crypto exchange Kraken has finalized its acquisition of futures trading platform NinjaTrader, expanding its services to include traditional derivatives for US customers. The company also reported a 19% year-on-year revenue increase in Q1, reaching $471.7 million, signaling strong growth and strategic expansion.  

Kraken finalizes NinjaTrader buy as Q1 revenue jumps 19%

<img width="768" height="432" src="https://static.news.bitcoin.com/wp-content/uploads/2025/05/mstr-3000-768x432.jpg" class="attachment-medium_large size-medium_large wp-post-image" alt="MSTR Explodes 3,000% Since Embracing Bitcoin" decoding="async" style="float:left; margin:0 15px 15px 0;" srcset="https://static.news.bitcoin.com/wp-content/uploads/2025/05/mstr-3000-300x169.jpg 300w, https://static.news.bitcoin.com/wp-content/uploads/2025/05/mstr-3000-1024x576.jpg 1024w, https://static.news.bitcoin.com/wp-content/uploads/2025/05/mstr-3000-768x432.jpg 768w, https://static.news.bitcoin.com/wp-content/uploads/2025/05/mstr-3000-190x107.jpg 190w, https://static.news.bitcoin.com/wp-content/uploads/2025/05/mstr-3000-380x214.jpg 380w, https://static.news.bitcoin.com/wp-content/uploads/2025/05/mstr-3000-760x428.jpg 760w, https://static.news.bitcoin.com/wp-content/uploads/2025/05/mstr-3000.jpg 1280w" sizes="(max-width: 768px) 100vw, 768px" />Strategy’s bitcoin-first model catapults its stock 3,142%, outpacing tech giants and signaling a seismic market shift toward sound money assets. MSTR’s Bitcoin Standard Bet Crushed Legacy Finance Microstrategy (Nasdaq: MSTR), which recently rebranded as Strategy, has achieved a staggering return of 3,142% since transitioning to a bitcoin-focused business model. The dramatic surge in the company’s [&#8230;]

Strategy’s bitcoin-first model catapults its stock 3,142%, outpacing tech giants and signaling a seismic market shift toward sound money assets. MSTR’s Bitcoin Standard Bet Crushed Legacy Finance Microstrategy (Nasdaq: MSTR), which recently rebranded as Strategy, has achieved a staggering return of 3,142% since transitioning to a bitcoin-focused business model. The dramatic surge in the company’s […]

MicroStrategy, now rebranded as Strategy, has seen its stock skyrocket by 3,142% after adopting a Bitcoin-centric business model, significantly outperforming major tech companies and highlighting a growing market trend toward sound money assets.  

MSTR Explodes 3,000% Since Embracing Bitcoin

<img width="768" height="432" src="https://static.news.bitcoin.com/wp-content/uploads/2025/05/morgan-stanley-crypto-trading-768x432.jpg" class="attachment-medium_large size-medium_large wp-post-image" alt="Morgan Stanley to Bring Spot Crypto Trading to E*Trade Amid US Crypto Policy Reversal" decoding="async" loading="lazy" style="float:left; margin:0 15px 15px 0;" srcset="https://static.news.bitcoin.com/wp-content/uploads/2025/05/morgan-stanley-crypto-trading-300x169.jpg 300w, https://static.news.bitcoin.com/wp-content/uploads/2025/05/morgan-stanley-crypto-trading-1024x576.jpg 1024w, https://static.news.bitcoin.com/wp-content/uploads/2025/05/morgan-stanley-crypto-trading-768x432.jpg 768w, https://static.news.bitcoin.com/wp-content/uploads/2025/05/morgan-stanley-crypto-trading-190x107.jpg 190w, https://static.news.bitcoin.com/wp-content/uploads/2025/05/morgan-stanley-crypto-trading-380x214.jpg 380w, https://static.news.bitcoin.com/wp-content/uploads/2025/05/morgan-stanley-crypto-trading-760x428.jpg 760w, https://static.news.bitcoin.com/wp-content/uploads/2025/05/morgan-stanley-crypto-trading.jpg 1280w" sizes="(max-width: 768px) 100vw, 768px" />Morgan Stanley is gearing up to offer direct crypto trading on E*Trade, signaling a seismic shift as Wall Street embraces bitcoin amid a more favorable regulatory environment in the United States. Morgan Stanley Plans E*Trade Crypto Launch Global investment bank Morgan Stanley is preparing to introduce cryptocurrency trading to its E*Trade platform, Bloomberg reported on [&#8230;]

Morgan Stanley is gearing up to offer direct crypto trading on E*Trade, signaling a seismic shift as Wall Street embraces bitcoin amid a more favorable regulatory environment in the United States. Morgan Stanley Plans E*Trade Crypto Launch Global investment bank Morgan Stanley is preparing to introduce cryptocurrency trading to its E*Trade platform, Bloomberg reported on […]

Morgan Stanley is set to launch spot cryptocurrency trading on its E*Trade platform, reflecting Wall Street's growing acceptance of digital assets as U.S. regulatory policies become more crypto-friendly.  

Morgan Stanley to Bring Spot Crypto Trading to E*Trade Amid US Crypto Policy Shift

Bullish sentiment has slightly dropped in the general crypto market, affecting major digital assets like Dogecoin, which fell to the $0.168 level as Wednesday drew to a close. DOGE may be struggling to sustain its recent upward trend, but indicators suggest that an upside movement is more likely than a downside movement. An End In [&#8230;]

Bullish sentiment has slightly dropped in the general crypto market, affecting major digital assets like Dogecoin, which fell to the $0.168 level as Wednesday drew to a close. DOGE may be struggling to sustain its recent upward trend, but indicators suggest that an upside movement is more likely than a downside movement. An End In […]

Dogecoin (DOGE) has experienced a pullback, dropping to $0.168 amid a slight decline in overall crypto market bullishness. Despite the recent dip, technical indicators suggest that an upward surge may be more probable than further declines, hinting at a potential rebound for the meme-inspired cryptocurrency.  

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Dogecoin Structural Signals Align: Chart Suggests A Quietly Confident Path Toward Higher Levels

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