Dogecoin is once again showing signs of history repeating itself, with its well-known 1-2 formation returning on the charts. After breaking out of its key $0.22–$0.24 channel, momentum is building as bullish signals align, hinting that the meme coin may be gearing up for another powerful move. Breakout From $0.22–$0.24 Marks End Of Consolidation Alpha Crypto Signal, in a recent update, revealed a significant development for Dogecoin, noting that the meme coin has successfully broken out of its long-standing horizontal channel. This channel, which had contained its price between $0.22 and $0.24 for an extended period, had been a key consolidation zone for the asset. This decisive breach of the range confirms a major shift in momentum and signals the end of a prolonged phase of stagnant price action. Related Reading: Dogecoin On Edge — 2.5 Days Remain To Lock In Breakout Springboard The validity of this breakout is further reinforced by a crucial technical indicator: rising volume. As Dogecoin pushed higher, the increased trading volume served as a powerful signal of conviction from the buyers. This strong backing indicates that the move was not a fleeting event but rather a genuine surge of interest, with significant capital flowing into the asset. Following its strong rally, Dogecoin is currently experiencing a healthy and expected pullback from the resistance zone between $0.29 and $0.30. However, this slight retreat is a positive and natural part of a strong uptrend, as it allows the market to consolidate and prevents the rally from becoming overheated. According to the expert, this pullback is presenting a strategic opportunity for traders. Alpha Crypto Signal suggests that any retest of the breakout level, specifically the $0.24 to $0.25 zone, could offer a solid long opportunity. As long as Dogecoin can hold above this crucial zone and maintain its overall bullish structure, the positive momentum from the breakout is expected to continue. Dogecoin Pattern Repeats: History Points To Another Pump In a recent post on X, crypto analyst CryptoELlTES has revealed a compelling observation about Dogecoin’s price history. He asserts that a specific technical pattern is repeating itself on the chart, one that has consistently preceded every major Dogecoin pump in the past. This historical correlation suggests that the current setup is highly significant. Related Reading: Dogecoin Ready To Bark Again? Analyst Sees Path To $0.45 According to the analysis, Dogecoin is at the final stage of this “1-2 pattern.” The chart displays the same formation that previously launched the asset into several parabolic moves. Since the market is showing the same bullish behavior that has historically led to explosive growth for the coin, a major upward move could be on the horizon. Featured image from Pixabay, chart from Tradingview.com
Bitcoin (BTC) has reached a critical turning point, successfully flipping a key horizontal support zone that previously acted as resistance. With momentum now building, the focus has shifted to the next major test: the $117,000 resistance level. A decisive move above this threshold would not only confirm the continuation of the current rally but also set the stage for a potential run toward new highs. Daily Support Flip Confirms Bullish Control Alpha Crypto Signal, in a recent market update, pointed out that BTC is showing renewed strength on the daily timeframe. The leading cryptocurrency successfully flipped a key horizontal zone into support, a move that highlights growing buyer dominance in the market. This structural shift is seen as a positive development for bulls, laying the groundwork for further upside momentum. Related Reading: Bitcoin Price Flashes ‘Rarest Signal’ Ever, Is A 100% Rally Possible? With buyers firmly in control, Bitcoin’s price action is now being driven higher toward the previous swing high near $117,000. This level has emerged as the next significant hurdle for bulls, acting as a critical area where market sentiment could either extend the rally or spark profit-taking. The analysis further noted that if Bitcoin manages to push above $117,000, the level itself could turn into an attractive area for potential short setups. However, such a strategy carries risks, as the invalidation point would be a decisive breakout above BTC’s all-time high. Until then, $117,000 stands out as the key level of interest for market participants. How Bitcoin reacts in this zone will determine whether it consolidates, faces rejection, or surges higher. For traders, this level offers a critical point to evaluate possible entries, exits, and positioning as the next major move takes shape. Bitcoin Struggles To Secure A Hold Above $116,000 According to a recent post by Crypto VIP Signal, Bitcoin is continuing its upward trajectory. However, the cryptocurrency has not yet been able to firmly hold above the $116,000 level, which suggests that while the overall trend is bullish, buyers have yet to fully overcome this significant hurdle. Related Reading: Bitcoin Price Recovery Hopes Rise – Can Bulls Push It Past Resistance? Crypto VIP Signal’s analysis notes that the entire market is looking positive, but a temporary slowdown can be expected. This is primarily attributed to a decline in trading volume, which is a common occurrence on weekends as activity from institutional traders and large investors often lessens. Given these conditions, Crypto VIP Signal predicts that Bitcoin will likely experience a period of sideways movement. The consolidation phase would allow the market to digest recent gains and build the necessary momentum to attempt another push past the $116,000 resistance. Featured image from Pixabay, chart from Tradingview.com
Litecoin (LTC) is showing strength as it holds onto its ascending trendline, maintaining bullish momentum. After holding above the $112–$115 demand zone, buyers continue to defend key support levels, positioning the market for further upside. With immediate targets around $120–$125, a breakout above this range could clear the path toward the highly anticipated $135 mark. Litecoin Technical Alignment Signals Strong Bullish Case In a recent X post, Alpha Crypto Signal, a cryptocurrency market analysis group, has noted that LTC is exhibiting a robust and healthy structure, indicating a potential long setup. According to the analysis, LTC is holding strong above its ascending trendline. It is also retesting the $112–$115 demand zone, a price range where buying pressure is expected to be high. Related Reading: Litecoin Structural Integrity: Long-Term Trendline Remains Unbroken Since 2020 The crypto analyst’s analysis further emphasizes the importance of key moving averages, noting that LTC is positioned precisely on top of the 9-day Exponential Moving Average (EMA) at $112.68 and just below the 50-day Simple Moving Average (SMA) at $115.25. Both of these moving averages are acting as dynamic support levels, which provide a solid foundation for the cryptocurrency’s price. This confluence of technical factors, as identified by Alpha Crypto Signal, adds significant weight to the bullish case for Litecoin. The horizontal demand block, combined with support from both the EMA and SMA, creates a strong technical picture that suggests the cryptocurrency is well-positioned for a potential price rally. Key Support At $112 Holds Bullish Bias According to Alpha Crypto Signal, the bullish outlook for Litecoin remains intact as long as it holds its position above the $112 mark. This support level is considered a crucial threshold; maintaining it would indicate that the current market structure is favorable for a continued upward trend towards targets of $120–$125. Related Reading: This Litecoin Indicator Just Crossed A Critical Level — Here’s What Happened Last Time Alpha Crypto Signal’s analysis also outlines what a significant breakout could mean for LTC’s price. A decisive move and clean break above the $120–$125 resistance zone could pave the way for a more substantial rally. This would potentially unlock a path toward the next major price target of $135 or even higher, signaling strong momentum for the cryptocurrency. However, the crypto expert also specifies the conditions that would invalidate this positive forecast. The bullish long setup would be at risk if LTC were to experience a breakdown below the $110 support level. A drop below this point would not only threaten the current trendline support but would also cast doubt on the overall bullish structure, suggesting a potential shift in momentum to the downside. Featured image from Adobe Stock, chart from Tradingview.com
Bitcoin’s recent price action has positioned the cryptocurrency at a pivotal crossroads. While it has successfully broken above a key long-term trendline, it remains locked in a consolidation pattern below its all-time high (ATH). This dual dynamic creates a compelling and uncertain environment, leaving investors to ponder the most critical question in the market: Is the next explosive rally finally loading? Bitcoin Breaks Long-Term Trendline: A Familiar Cycle Signal CryptoELITES, a seasoned crypto analyst, recently revealed a highly bullish perspective on Bitcoin’s recent price action. According to the analysis, Bitcoin has successfully broken above a key long-term trendline on its chart, a move that signals a significant shift in the market’s trajectory. Related Reading: Bitcoin Finds Crucial Support On Bull Market Band — Will Momentum Hold Following this breakout, Bitcoin has entered a consolidation phase. This pattern is particularly noteworthy because it mirrors the behavior seen in previous market cycles. Such post-breakout consolidation has historically served as a precursor to much larger price movements. Based on this historical precedent and the current chart pattern, the analyst is confident that a major move is on the horizon. BTC Faces Strong Rejection At Key Resistance Zone Despite the optimistic signals emerging from Bitcoin’s recent trendline breakout, not all analysts are convinced the market is ready for a full-fledged rally. In a recent update, Alpha Crypto Signal pointed out that BTC is still facing strong rejection at a key horizontal resistance zone on the daily chart. This resistance continues to weigh heavily on price action, keeping the broader structure tilted toward a bearish stance. Related Reading: Bitcoin Price Recovery Hopes Rise – Can Bulls Push It Past Resistance? The analyst emphasized that unless Bitcoin achieves a convincing breakout above its ATH, any upward movement from current levels risks being a temporary recovery. In the analyst’s view, such moves could easily turn into a “dead cat bounce,” a short-lived rally that fails to establish sustainable bullish momentum. Adding to this caution, Alpha Crypto Signal also expressed skepticism about the ongoing altcoin rally, describing it as a potential liquidity trap. According to the expert, market makers could be using this surge to lure retail traders into premature long positions before triggering the next major downward leg. This strategy has been a recurring pattern in past cycles and should not be underestimated by market participants. Still, the crypto analyst acknowledged that short-term opportunities do exist. The expert emphasized that longing bounces remain a viable strategy, provided traders employ strict stop-losses and maintain disciplined risk management. Presently, the market is in a “trap territory,” which demands precision and caution, trade the moves, but avoid getting caught in setups designed to shake out the unwary. Featured image from Pixabay, chart from Tradingview.com
Bitcoin’s recent breakdown has rattled traders, with the price slipping below key support levels and sparking fresh concerns over the market’s direction. While a relief bounce may occur, many crypto analysts warn it could be nothing more than a trap before deeper losses unfold. Bitcoin Loses Key Horizontal Support, Signals Weakness In a recent update on X, Alpha Crypto Signal highlighted that Bitcoin has now lost its crucial horizontal support zone. The inability to reclaim this level quickly underscores weakness in the market, signaling that bearish pressure remains firmly in play. The breakdown, according to the analyst, opens the door for deeper downside movement in the coming sessions. Related Reading: Why August Could Be Remembered As A Major Trap For Bitcoin And Crypto Market While a minor relief bounce from the $108,000 region could occur, it is unlikely to shift the broader outlook. Unless Bitcoin reclaims the broken support level with conviction, any short-term upward moves may only serve as setups for further decline. This suggests that bulls could struggle to regain control unless a decisive recovery materializes. The analyst further noted that the current structure favors sellers, with bounces seen as opportunities for short entries rather than signals of a potential trend reversal. This aligns with the broader bearish momentum observed across Bitcoin’s price action since the loss of its support base. As it stands, the bias remains firmly bearish, with lower targets likely to remain in play until Bitcoin proves otherwise by reclaiming the lost horizontal support. BTC Slips Below The 100 EMA: A Bearish Signal Unfolds According to Cryptorphic, Bitcoin has fallen below the 100 EMA on the daily chart, a level widely regarded as a key trend indicator. The analyst explained that this breakdown is not a favorable sign for the bulls, as it often signals weakening momentum and the possibility of a deeper pullback. Related Reading: Bitcoin Price Faces Heavy Obstacles on Its Recovery Journey This recurring pattern adds weight to the current bearish outlook, reinforcing the idea that the market may need to absorb additional downside pressure before stabilizing. With the loss of this support, Cryptorphic pointed out that the next area of interest lies around $103,000, where further correction could find temporary stability. In conclusion, the crypto analyst made it clear that his focus will remain on whether Bitcoin can swiftly reclaim the 100 EMA in the coming sessions. A strong recovery above this level, he explained, would help preserve the broader uptrend and restore confidence among market participants. However, failure to reclaim the 100 EMA would likely allow bearish momentum to build further, increasing the risk of extended declines and testing lower supports. Featured image from Getty Images, chart from Tradingview.com
Cardano’s price is caught in a tight range, holding above key support while facing resistance overhead. With momentum weakening, will ADA break higher or slide back toward lower levels in its next decisive move? Bearish AB=CD Pattern Completed With Rejection At $0.95 Alpha Crypto Signal, a crypto analyst on X, recently shared insights on Cardano’s price action, noting that ADA has just completed a bearish AB=CD pattern on the daily timeframe. The rejection around the $0.95 level confirms this setup, suggesting that the market may be preparing for a corrective move. Such harmonic patterns often signal exhaustion in the preceding trend, hinting that ADA could face additional downward pressure in the short term. Related Reading: Cardano (ADA) Pulls Back, Will Bears Push It Lower Again? Currently, Cardano is trading below the 9-day EMA at $0.88, indicating that momentum has weakened following its recent attempts to push higher. Trading beneath this moving average often reflects a bearish shift in sentiment, where buyers struggle to maintain control. The analyst highlighted a critical support zone between $0.74 and $0.77, which will likely act as the first line of defense for bulls. Should this area give way, ADA could extend its decline toward the $0.70–$0.68 range, marking a deeper retracement and potentially testing the patience of long-term holders. Still, the outlook is not entirely bearish. According to the analysis, bulls could regain momentum if ADA manages to reclaim the $0.90 level and establish support above it. A successful recovery beyond this threshold would weaken the bearish narrative and possibly set the stage for another upward push. Cardano Holds Key Level After Pullback CryptoPulse, another market analyst, noted in an X update that Cardano is currently holding above a key support level following a pullback. This resilience suggests that buyers are still defending critical price zones despite recent bearish pressure. Related Reading: Cardano Defies Market Pullback: Could On-Chain Momentum Signal a 70% Run Ahead? According to the analyst, as long as the price maintains this support just above $0.80, ADA has the potential to rebound toward the $1.06 region, which aligns with the 0.382 Fibonacci retracement level. A move in this direction would indicate that momentum is shifting back in favor of the bulls. However, CryptoPulse cautioned that if support fails and ADA breaks lower, a backtest could occur, raising the risk of the price revisiting its range lows. Such a move would reinforce bearish sentiment and potentially delay any significant recovery attempts. In the meantime, the levels are clearly defined, leaving the market to decide its next direction. Whether ADA manages to build on its current support and push higher, or slips back into deeper corrective territory, will depend on how traders respond around these pivotal zones. Featured image from iStock, chart from Tradingview.com