Expert notes that Dogwifhat price eyes a 186.36% rally, targeting a multi-month high of $3.15 if buyers breach a critical sell wall at $1.5. According to crypto analyst @CW, buyers must continue accumulating past the $1.5 resistance level and trigger a breakout rally towards the meme coin’s all-time high of $4.85. The bullish outlook is accompanied by a spectacular 18% price gain over the past 24 hours and approximately $1.68 billion in daily derivatives trading volume. At press time, Dogwifhat’s price is trading at $1.148, with its market cap hovering around $1.14 billion to make it the 73rd largest cryptocurrency by market capitalization. Dogwifhat Price Eyes $3.15 Multi-Month High, Says Expert As per a Dogwifhat price assessment by @CW, WIF is primed for a potential 186.36% rally to a new annual high, a move that could activate a spike towards the all-time high at $4.85. According to CW, buyers should… Read More at Coingape.com
BTC price today: Bitcoin has recorded a surge of nearly 2%, indicating a renewed market confidence towards the flagship crypto. Notably, the crypto market has recorded volatile trading lately, especially as President Donald Trump’s Tariff policy has dampened market sentiment, triggering a massive selloff in the broader financial market. However, with recent indications of further tariff relief, the investors seem to be entering the digital assets space again today.
BTC Price Today Soars Amid Trump’s Tariff Relief
Bitcoin price surged nearly 2% today as global financial markets reacted to recent comments from Donald Trump. The US President hinted at easing certain trade barriers, sparking renewed interest in digital assets. Investors, previously spooked by tariff escalations, appear to be shifting focus back to crypto.
Bitcoin traded at $85,896k, after touching a high of $85,926 in the last 24 hours. However, its one-day volume fell nearly 6% to $28.58 billion while CoinGlass data showed that BTC Futures Open Interest rose around 1%, reflecting renewed market confidence.
Meanwhile, this rebound in the financial market comes as Trump suggested possible exemptions from the steep 25% tariffs on imported vehicles. This potential relief for key partners like Mexico and Canada has calmed nerves in a market rattled by protectionist policies.
According to reports, Trump’s administration has also walked back some earlier tariffs. Notably, gadgets like smartphones, laptops, and other tech products from China are now off the hook.
However, despite the softer rhetoric, uncertainty looms. Reports suggest the administration may target new areas, such as pharmaceuticals and semiconductors. These sectors are critical to global trade and could face steep duties. Tensions with China remain high, with certain goods still facing tariffs up to 145%, while China maintains retaliatory measures of 125%.
Crypto Market In Focus
Amid the looming market uncertainty, investors are once again shifting their focus towards the digital assets space, especially Bitcoin. Besides, the Trump administration is reportedly considering using tariff revenues to purchase BTC, which has further fueled market sentiment.
Besides, the recent meeting between Donald Trump and BTC president Nayib Bukele has further bolstered market sentiment. On the other hand, the US government is exploring ways to accumulate more BTC, according to Bo Hines, Executive Director of the Presidential Digital Asset Advisory Committee.
This move is part of President Trump’s commitment to make the US a global crypto leader. The government is considering using tariff revenues to fund a national Bitcoin reserve, signaling a potential shift in economic strategy.
With BTC currently trading near $86K, the administration’s plan could redefine digital assets’ role in the US economy. Besides, it could also help continue its run towards the run ahead.
Source: Michael van de Poppe, X
Meanwhile, as BTC price today recorded a robust surge, analyst Michael van de Poppe has shared key insights on the potential future trajectory of the coin. In a recent X post, Poppe said that if BTC breaks through $87K, it could potentially target $92K to $94K in the coming days.
The crypto market’s ongoing growth is propelling several tokens toward new highs, with many already achieving this milestone in the past week. Among those poised to follow suit is BNB, which is on track to make history.
BeInCrypto has identified two additional altcoins that are quickly approaching their all-time highs and could soon set new records.
XRP
XRP price recently marked a new all-time high, reaching $3.66 for the first time in over six months. While the altcoin experienced a slight dip shortly after, it now trades just 3.2% below its ATH, signaling strong investor interest.
The exponential moving averages show a bullish Golden Cross and are currently serving as dynamic support. This technical signal suggests that XRP is primed for continued gains. A breakout past the $3.66 level could propel the altcoin toward $3.80, enabling it to set a fresh all-time high.
For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
However, profit-taking remains a risk as some investors may look to cash in on recent gains. If selling pressure intensifies, XRP price could break below the $3.38 support level. A fall to $3.00 would invalidate the bullish outlook and potentially mark the beginning of a broader correction.
BNB
BNB price is currently trading at $761, just 4% short of breaching its all-time high of $793. Investors have waited seven months for this moment. To achieve a breakout, the altcoin must first secure $741 as a stable support.
The Parabolic SAR indicator is currently positioned below the candlesticks, acting as a strong signal of bullish momentum. This technical pattern suggests an ongoing uptrend. If sustained, BNB could surpass the $793 mark and also climb to $810, setting a new all-time high and reinforcing investor optimism.
However, a premature sell-off could hinder this rally. If BNB fails to hold the $741 support level, it risks declining to $700. Such a drop would invalidate the bullish outlook and may trigger a wave of caution across the market, especially among short-term traders banking on a breakout.
Hyperliquid (HYPE)
HYPE is positioned to chart a new all-time high, provided it secures $46.94 as solid support. Maintaining this floor could pave the way for HYPE to extend its upward momentum in the near term.
Currently trading at $46.89, HYPE is just over 6% away from breaching its all-time high of $49.87, recorded last week. The Ichimoku Cloud forming below the candlesticks signals growing bullish strength. This technical setup indicates a high probability for HYPE to surpass the $50.00 mark soon.
However, if HYPE fails to establish $46.94 as reliable support, the bullish outlook could be invalidated. A drop toward $42.30 would represent a significant correction, erasing recent gains. Such a reversal would also reduce investor confidence and signal a potential shift in short-term market sentiment.
The crypto market has shown consistent growth over the past few days, helping altcoins alongside Bitcoin to recover. However, relying solely on broader market cues or momentum will not sustain price growth.
BeInCrypto has analyzed three altcoins for investors to watch in April, as important developments are set to unfold this week.
Tutorial (TUT)
TUT price has remained stable throughout most of the month, currently hovering below the $0.027 resistance level. Successfully breaching this barrier is crucial for recovering the 53% losses incurred in March. A price rise above $0.027 could signal a positive trend and further upward movement in the coming weeks.
If this trend continues, TUT could push toward the next resistance level of $0.039, indicating strong momentum.
However, if TUT fails to break above the $0.027 resistance, the price could decline below $0.021. Such a drop would likely invalidate the bullish outlook and lead to further losses. In that scenario, the altcoin’s price might fall to $0.015, a significant setback for the token’s recovery.
Injective (INJ)
Injective’s price has surged by 17% in recent days, fueled by anticipation surrounding the upcoming Lyota Mainnet Upgrade. Set to go live on April 22, the upgrade is expected to enhance Injective’s infrastructure, performance, and transaction speeds. This has sparked optimism, driving the price higher in the short term.
Currently trading at $8.97, Injective is nearing the $9.11 resistance level. If it successfully breaches this barrier, the price could move beyond $10.00, potentially reaching $10.35. The positive sentiment surrounding the Lyota Mainnet Upgrade is likely to continue driving the token’s growth if it can surpass these levels.
However, if Injective fails to break through the $9.11 resistance, as seen earlier in April, the price could fall below $8.40. This would signal a retreat and could see the token dip to $7.64, invalidating the bullish outlook and erasing recent gains.
BNB
BNB’s price currently stands at $604, experiencing a two-month downtrend. The altcoin is struggling to breach the resistance of $611. To push past this barrier, BNB needs strong support from the broader market or upcoming developments that could provide a catalyst for price movement and reversal.
One potential catalyst is the Lorentz opBNB mainnet hard fork, which is scheduled for today. The hard fork aims to enhance the chain’s speed and responsiveness. If successful, this could help BNB break the $611 resistance and push the price toward the next level of $647, spurring bullish sentiment.
However, if the hard fork’s impact fails to meet expectations, BNB could struggle to maintain upward momentum. In this case, the price may slip below the support of $576, potentially falling as low as $550. This would invalidate the current bullish outlook and likely continue the downtrend.
