Dogecoin Breaks Resistance With Strong Volume Surge; On-Chain Data Points to $0.36 Breakout
Dogecoin has been able to overcome the resistance level of $0.20, reflecting a significant development in its current price trend. The digital currency is currently trading at $0.2355, reflecting a solid 12.3% increase over the previous 24 hours. Market movement reflects increased investor interest, supported by a 24-hour trading volume of $4.48 billion, up 43.64%. Such a push puts Dogecoin at the cusp of challenging the next major resistance level of $0.2363. Rising Market Strength and Capitalization Present statistics reflect a large increase in market cap, which stands at $35.52 billion, an increase of 12.99% from highs previously reached. The growth reflects strong buying pressure, driven by improved market sentiment around the token. The fully diluted value (FDV) also stands at $35.52 billion, which is reflective of a consistent trend relative to the overall supply impact. Aside from that, the support level of $0.2085 is still a cushioning for traders since the price remains above it. Having been able to maintain support has been instrumental in maintaining the momentum established over the last 24 hours. Key On-Chain Insights Indicate High Accumulation Zones An analysis of UTXO Realized Price Distribution (URPD) from Glassnode highlights critical accumulation clusters for Dogecoin. The largest realized price concentration appears around $0.08, reflecting historical entry points for a substantial volume of tokens. Another notable cluster exists near $0.20, where the market recently witnessed strong resistance before breaking higher. Importantly, a significant realized value sits close to $0.36, which aligns with the next major resistance target. Historical data suggests that surpassing this level could reduce selling pressure from long-term holders who acquired positions during previous peaks. Dogecoin Eyes Breakout as Key Resistance Nears The current action in Dogecoin indicates a robust momentum based on increased liquidity and buyer interest. This token is now nearing a critical resistance level around 0.2363 and may determine the short-term price movement breakout. Market participants also pay attention to whether this level will turn into new support or lead to consolidation. Moreover, the price would likely move up to the $0.36 resistance, which consists of a significant historical area of supply. Traders must, however, be wary of the current support at around $0.2085 that is acting as an important breakpoint against any downside retracement.
Bitcoin Price Prediction: Crash Alert as BTC Risks Drop to $110K
Bitcoin Price Prediction: Crash Alert as BTC Risks Drop to $110K Bitcoin Price Hits New ATH ā But the Momentum Fades Bitcoin ($BTC) officially reached a new all-time high this week, spiking to around $123,000 before retracing back to the $118,000 zone. The rally was explosive and confirmed bullish momentum across the board, but as of now, consolidation has taken over. The big question on everyoneās mind: Is this just a cooldown ā or the start of a deeper pullback?
BTC/USD 4-hours chart - TradingView A quick look at the 4H chart (attached) shows signs of short-term weakness, but also critical support zones that could act as buffers before a major crash. Bitcoin Chart Analysis: Is $110K the Next Stop? The current 4-hour chart reveals some important technical signals: Support at $118,000 has just been broken, as seen by the red candle drop below the orange horizontal zone and both MA lines (9 and 21 EMA).Next major support is marked at $116,000, which aligns with the previous consolidation zone from earlier in the month. If $116,000 fails to hold, the $110,470 and $109,000 levels come into play ā zones that many analysts now mention as potential retracement targets. The RSI indicator is also signaling weakening momentum. With a current RSI around 45.5, the bullish strength is cooling, and traders might be heading into a more cautious phase. Bearish or Just a Healthy Correction? While a drop to $110,000 is definitely possible, it doesnāt necessarily signal the end of the bull run. In fact: The macro trend remains bullish, with BTC still trading well above its 21 EMA on the daily.The last correction brought BTC down only ~7% before buyers stepped in ā a standard move after a parabolic rise. As long as Bitcoin remains above $109Kā$110K, the structure stays intact for another push higher in the coming weeks. Bitcoin Price Prediction: What to Watch Next for BTC Price? If $Bitcoin reclaims the $118K zone and prints a higher low, bulls might regain control and test $123K again. However, if sellers dominate and push BTC below $116K, prepare for a deeper dip toward $110K ā where bargain hunters might step back in. Keep an eye on RSI recovery, price action around $116K, and potential bullish divergence. This is a key zone that could dictate the next big move.
Ethereum Breaks $3,000 as Bitcoin Rally Cools and Capital Shifts
While BTCās rally has dominated headlines, ETH surged past $3,000 for the first time since early February, reaching $3,150 and marking a five-month high. According to Swissblock analysts, Ethereumās breakout appears to be driven by capital moving out of Bitcoin as traders begin to take profits. Historically, Bitcoinās bullish waves this year have lasted between two to four weeks, and with the current rally entering its twelfth day, the window for a shift in momentum could be opening. Technical signals support this rotation. The ETH/BTC ratio recently broke its year-long downtrend, pushing above the 200-day moving averageāa key indicator suggesting renewed strength for Ethereum in the medium to long term.
WCTUSDT is near it buying Range on 1 Day Timeframe. Never Miss Opportunity to Buy WCTUSDT Token.
Spot Trade:
Buying Range : 0.27 to 0.35
Target: 1.30
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Ethereum Whales Accumulate 1.4M ETH Amid Technical Signals of Uptrend
Ethereum whales added 1.4 million ETH during its rally from $1,600 to $3,100, marking a strong show of confidence.A golden cross on the 12-hour chart indicates rising momentum and increased pressure from buyers in the current market trend.Ethereum must hold above $2,200 to sustain its upward trajectory and avoid renewed bearish pressure below key support levels. Large Ethereum holders have significantly increased their holdings over the past month.From mid-April to mid-May, wallets that held between 10,000 and 100,000 ETH increased their ETH holdings by more than 1.4 million units. Data reveals that Ethereum held by whales increased from 15.8 million to over 17.2 million ETH during these days. The accumulation phase closely matched Ethereumās price rise from around $1,600 to above $3,100. The buying activity intensified before major price gains, pointing to strong confidence among whales. Their entry before key resistance levels were breached suggests their actions may have helped propel the rally. Golden Cross Confirms a Bullish Trend A golden cross was seen on Ethereumās 12-hour chart recently, when the 50-day average crossed above the 200-day average. Such a formation generally appears when there is growing demand and strong upward trends. Analysts believe this highlights the strengthening impact of buyers. https://twitter.com/rovercrc/status/1924796747861405844 Ethereumās price remains highly sensitive to critical support and resistance zones. The $2,200 level is now considered a key threshold to maintain bullish momentum. Holding above this line keeps the uptrend intact, while a drop below may expose Ethereum to downside risks near $1,900. Market Conditions Remain Volatile At the time of writing, Ethereum trades at $2,478.66, marking a daily increase of 1.29 percent. Despite recent gains, the past week shows a decline of 2.74 percent. The $3,100 resistance level is being watched closely by market analysts as a potential target if support levels continue to hold. The combination of whale accumulation and bullish technical indicators provides Ethereum with a strong foundation for continued upward movement. Market watchers remain focused on whether Ethereum can maintain its current momentum and build towards the next resistance. The post Ethereum Whales Accumulate 1.4M ETH Amid Technical Signals of Uptrend appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
#BTCBreaksATH110K $BTC just hit all-time high, and this breakout confirms continued bullish strength. After a period of consolidation between $104K and $107.8K, Bitcoin has surged above $109K, signaling the start of a fresh leg up in price discovery. This breakout from the range shows strong buyer conviction, and as long as price holds above the previous range high, momentum could carry Bitcoin toward the $115Kā$120K zone or higher in the near term.