The Fed dovish pivot—Federal Reserve Chair Jerome Powell flagging potential rate cuts at Jackson Hole—triggered a synchronized risk-on move, lifting crypto markets above $4 trillion as Bitcoin, Ethereum price, Solana and Dogecoin surged on cheaper-money expectations and renewed buying momentum.
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Fed dovish pivot sparked a cross-market risk-on rally
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Ethereum led altcoins with a 12% surge; Solana and Dogecoin posted double-digit and high-single-digit gains respectively.
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On-chain metrics and technicals (RSI, ADX, EMAs) show momentum building; prediction markets (Myriad) increased odds for new highs.
Fed dovish pivot fuels crypto rally: Ethereum price, Solana, and Dogecoin surge—read market levels, indicators, and expert context. Stay informed with COINOTAG.
What caused the crypto rally after Powell’s Jackson Hole comments?
Fed dovish pivot at Jackson Hole—Jerome Powell indicating downside risks to employment and a possible shift toward easing—reduced expected policy rates, prompting portfolio reallocation from yield-bearing assets into risk assets. The result: synchronized gains in stocks and crypto with renewed buying in altcoins.
How did major tokens react to the dovish pivot?
Bitcoin spiked about 3.5%, pushing total crypto market capitalization back above $4 trillion. Ethereum price led altcoins with a more than 12% intraday gain, briefly probing near the 2021 all-time high. Solana jumped nearly 9% while Dogecoin rose roughly 9% as retail and whale activity accelerated.
What technical signals support the move?
Across tokens, momentum indicators align: ETH shows an ADX of 41 (strong trend) and RSI ~65, SOL’s ADX crossed 25 with RSI ~58, and DOGE’s RSI around 55 with ADX ~15—indicating building momentum but still room before classic overbought thresholds.
Dogecoin: Return of the meme king — what do the charts say?
Dogecoin rallied ~9% to $0.23 on heavy accumulation after large whale buys in August. The coin sits inside a long-term symmetrical triangle and currently trades above the 50-day and 200-day EMAs—technicals that often signal bullish bias when maintained.
- Immediate support: $0.21
- Strong support: $0.20 (50-day EMA)
- Immediate resistance: $0.24
- Strong resistance: $0.30
Plain-text sources: TradingView price charts, on-chain whale trackers, Myriad prediction markets.
Solana: Is the rebound sustainable?
Solana climbed to roughly $196 with volume near $3.8 billion. ADX rising above 25 and the 50-day EMA providing support point to a trend that may continue, though key resistance near $210–$250 should be watched.
Ethereum price: Can ETH retake all-time highs?
Ethereum price traded above $4,700, touching ~$4,830 on the rally. ADX at 41 and an RSI around 65 indicate powerful trend momentum; prediction markets (Myriad) significantly raised odds for $5,000 and new all-time highs this year.
| Token | Intraday % | Key support | Key resistance |
|---|---|---|---|
| Bitcoin | +3.5% | $110k | $120k |
| Ethereum | +12% | $4,500 | $4,866 (AT H) |
| Solana | +8.99% | $166 | $210 |
| Dogecoin | +9% | $0.20 | $0.24 |
Frequently Asked Questions
Will lower interest rates always boost crypto prices?
Not always. Lower rates can increase risk appetite, benefiting crypto, but local factors—network news, liquidity, regulatory actions—also determine price direction. Use macro context plus token-specific indicators for a fuller view.
How should traders manage risk after such rallies?
Use defined stop-loss levels, consider scaling out at resistance targets, and monitor volume and on-chain flows. Diversify position sizes and avoid overleveraging into short-term spikes.
Key Takeaways
- Macro catalyst: Powell’s dovish tone at Jackson Hole triggered cross-market risk-on flows.
- Altcoin leadership: Ethereum led gains, with Solana and Dogecoin posting significant moves supported by volume and on-chain activity.
- Risk management: Momentum is strong but watch EMAs, RSI thresholds, and major resistance levels for signs of exhaustion.
Conclusion
Federal Reserve Chair Jerome Powell’s more dovish remarks catalyzed a broad crypto rally, sending Ethereum price, Solana and Dogecoin higher as markets priced potential rate cuts. Traders should weigh macro drivers, on-chain flows, and technical signals before acting. COINOTAG will update as data and market structure evolve.
Disclaimer: The views and opinions expressed are informational and do not constitute financial advice. Publication date: 2025-08-22. Updated: 2025-08-22.
