These 3 Cryptos May Be Ripe for a Breakout as the US Dollar Crashes

This article explores some of the best crypto to buy if this prediction is accurate. By Paul Tudor Jones

Crypto prices may be ripe for a strong bullish breakout in the coming weeks as a hedge fund billionaire warns of a US dollar crash amid a dovish Federal Reserve. Here are some of the best crypto to buy if this prediction is accurate.

Billionaire Warns on US Dollar Crash

Billionaire Paul Tudor Jones, who is known for accurately predicting the housing bubble, now believes that the US dollar index will crash by 10%. According to him, this crash will come as the Federal Reserve faces pressure to become more dovish.

Jones’s argument is that the Fed will ultimately turn dovish either later this year or in 2026 when Donald Trump replaces Jerome Powell. As we wrote recently, Trump is considering Scott Bessent to be the next Fed Chair.

Bessent has supported Trump’s call for lower interest rates. Jones said:

“You know that we are going to cut short-term rates dramatically in the next year. And you know that the dollar will probably be lower because of it. A lot lower because of it.”

A weaker US dollar and a dovish Fed would likely boost risky assets like cryptocurrencies. As such, some of the best ones to buy are AAVE, Bitcoin Pepe, and Flare.

AAVE (AAVE) Price Surges

AAVE is one of the best crypto to buy because of its strong fundamentals and technicals. It is the biggest player in decentralized finance (DeFi) with over $27 billion in assets under management.

AAVE has also gone through several real-world stress tests and survived. The most notable ones were the brief crash in 2020, the post-Terra and FTX crashes, and the huge dive earlier this year.

Technically, AAVE price has formed a golden cross as the 50-day and 200-day moving averages crossed each other. All oscillators are also pointing upwards, while the ADX is at its highest level in months. This price action points to a strong surge, potentially to last year’s high, which is about 28% above the current level.

Flare (FLR) Price Set for Breakout

Another top crypto coin to buy and hold for big gains is Flare. It is a fast-growing layer-1 network that has been gaining traction of late. Its total value locked (TVL) has now surged to a record-high of $185 million. Most of its assets are in SparkDEX, Kinetic, Sceptre Liquid, and ClearPool.

Technically, as the chart below shows, the token has formed a falling wedge pattern. A wedge comprises of two descending and converging trendlines and often leads to a strong bullish breakout.

The falling wedge pattern is happening after a big surge, signaling that it may be a bullish flag pattern. Therefore, the token will likely lead to a strong bullish breakout to $0.02220, the highest point in May.

Bitcoin Pepe (BPEP) Price Surging in Presale

The other top crypto to buy is Bitcoin Pepe, a popular project currently in its presale. It has already raised over $14 million in funds in the past few weeks.

Bitcoin Pepe is aiming to become a major player in the meme coin industry. Its goal is to be the biggest layer-2 network in the Bitcoin ecosystem. In this, it hopes to have instant transactions, ultra-low fees, and also have a new PEP-20 standard.

The next catalyst for the BPEP token will happen in the next five days. In this, the developers will announce the date of the token listing. Hurry up and buy Bitcoin Pepe here.