The crypto market is consolidating after a rally earlier this week, with Bitcoin's return above $94,000 bolstering trader sentiment. While many altcoins experienced a pullback during the market correction, three tokens—Dogecoin, Solana, and ONDO—show potential for gains in the coming weeks.

Table of Contents

• Bitcoin Pullback and Outlook
• Bitcoin Bull Run Strategy: Top Three Tokens to Watch
• Dogecoin, Solana, and Ondo Price Forecasts
• Expert Opinion: Limited Bitcoin Upside, Potential Altcoin Rally
• Rising Crypto Adoption: Benefits for DOGE, SOL, and ONDO

Bitcoin Pullback and Outlook

Bitcoin started the week strongly, reclaiming the $94,000 level before a mid-week correction. By Thursday, it hovered near the $93,000 support level. The market-wide correction impacted top-30 altcoins, though a slight recovery began within 24 hours.

The pullback highlighted two key Bitcoin support zones ($88,465-$91,935 and $85,230-$87,076) and resistance above $95,000. Consecutive daily closes below these support levels could indicate a downward trend.

Bitcoin Bull Run Strategy: Top Three Tokens to Watch

The total crypto market capitalization (excluding Bitcoin and Ethereum) is currently lagging, with the $837 billion to $850 billion range acting as a key support level in past bull markets.

A break above this range could trigger gains for leading altcoins, including Dogecoin, Solana, and Ondo, which exhibit potential for upcoming price rallies. Similar market conditions to April 2025 (a 2.2% increase in altcoin market cap, excluding Bitcoin and Ethereum, from $797 billion to $815 billion) could drive further growth. Decreased Bitcoin dominance could further fuel an altcoin rally.

Dogecoin, Solana, and Ondo Price Forecasts

Dogecoin traded at $0.18047 on Thursday. A potential 20% rally could push it to $0.21465, a key resistance level aligning with the lower boundary of an imbalance zone on the DOGE/USDT daily chart. Positive RSI (59) and MACD readings suggest short-term bullish momentum.

Solana's daily chart shows similar positive RSI (64, sloping upwards, below the "overbought" level of 70) and MACD indicators. An 18% gain could take SOL to $180, with a daily close above this level potentially signaling an upward trend. $125 serves as key support.

ONDO could also break out of its consolidation phase. A daily close above $0.98 could confirm an upward trend, potentially leading to a 21% rally to $1.1895. $1.0667 acts as intermediate resistance, while $0.8174 provides support.

Expert Opinion: Limited Bitcoin Upside, Potential Altcoin Rally

CoinShares' April 24th bi-weekly digest reported $1 billion in global digital asset ETF inflows, adding to $2.4 billion in weekly inflows. Simultaneously, the ETH/BTC ratio decreased to 0.018. CoinShares analysts believe Bitcoin's upside is limited, with minor developments driving price swings amidst ongoing trader caution. Innokenty Isers, CEO of Paybis, noted Bitcoin's recent price reversal and potential resistance.

Rising Crypto Adoption: Benefits for DOGE, SOL, and ONDO

Ethereum's recent gain of 1.83 million new users in a week, coupled with a 40% rise in adoption (IntoTheBlock data), suggests increased overall crypto adoption. This rising demand could benefit altcoins and meme coins like Dogecoin, Solana, and Ondo.

Disclosure: This article is for informational purposes only and does not constitute investment advice.