Dogecoin (DOGE) has staged a strong breakout after forming a double bottom near key support, surging past $0.26 and leaving earlier rejection zones behind. With the Bollinger Band width now hitting a historically bullish level, DOGE could be setting the stage for a major surge, targeting a price range between $0.41 and $0.97. Dogecoin Breaks Out After Double Bottom Formation In a recent post on X, BitGuru shared an analysis highlighting that DOGE has made a significant bullish move, breaking out from a classic double bottom chart pattern. This pattern formed near a key support level, signaling a potential reversal from a downtrend to an uptrend. Related Reading: Dogecoin (DOGE) Eyes $0.30 as Channel Breakout Fuels Bullish Speculation By surging past the $0.26 mark, DOGE has confirmed this breakout and is now in a strong position for further gains. This decisive move, which is a critical development, puts previous resistance zones firmly in the rearview mirror. The market now has a clear signal of continued bullish strength. Presently, momentum is being driven by buyers who have stepped in with enough force to push the price higher, indicating a shift in market sentiment. This sustained interest and upward pressure suggest that DOGE could be setting up for a more significant rally as it enters a new phase of its market cycle. Bollinger Band Width Hits Key Orange Level Based on his analysis of Dogecoin’s weekly chart, X crypto analyst Trader Tardigrade has revealed a compelling pattern related to the Bollinger Band Width (BBW). He notes that in the past, when the BBW for DOGE has reached a specific “orange level,” the cryptocurrency has gone on to see significant rallies, with price surges ranging from 100% to as much as 378%. Related Reading: Dogecoin To $0.50? This Channel Break Could Be The Catalyst The analyst’s post further highlights a critical development: the BBW has now returned to this very same “orange level.” Such recurrence suggests that a similar period of high volatility and explosive price movement could be imminent for Dogecoin. Based on this historical precedent, the analyst has set new price targets for DOGE. He is now eyeing a potential price range of $0.41 to $0.97 for the token, a forecast directly tied to the historical performance observed when the BBW reaches this key level. This analysis provides a strong bullish case for Dogecoin in the coming weeks and months. Dogecoin is currently experiencing bullish action, with its price trading around $0.2602, a notable increase of 3.78% over the past 24 hours. DOGE’s market capitalization stands at $39.29 billion, while its 24-hour trading volume has reached $4.09 billion, reflecting significant market activity and investor interest. Featured image from iStock, chart from Tradingview.com
SUI is currently poised at a pivotal crossroads, with its price action revolving around the key resistance level of $3.52. With momentum building, this crucial juncture has captured investors’ attention, as a sustained breakthrough could signal the beginning of a significant upward surge, and failure to do so may indicate a loss of momentum. SUI Maintains Strength At $3.52 With Fresh Gains In a recent post, crypto analyst BitGuru revealed that SUI is demonstrating notable strength in the market. At the time of the post, SUI was holding firm at the $3.48 level, having already secured a respectable 3.1% gain, a direct result of the asset bouncing back from its recent lows. Related Reading: SUI Breakout Structure Builds – Can The Bulls Push Past $3.50? Bitguru further highlighted that SUI’s momentum is not erratic but steady, signaling that buyers are firmly in control of the price action. This consistency is a key technical indicator, suggesting that the current upward trend has a solid foundation and is not simply a temporary spike. Looking ahead, BitGuru emphasized that the next critical point for SUI is the $3.52 resistance level, which SUI has now claimed. Meanwhile, a successful close above this price point is expected to trigger the next significant upward movement for the asset. This breakout would confirm the bullish momentum and reinforce the positive long-term outlook for SUI. Retest In Focus: Can Bulls Secure The Breakout? CryptoPulse, a prominent analyst, has provided an updated technical analysis of SUI’s price action, highlighting a key bullish development. According to the post, SUI has successfully broken out of a daily falling wedge pattern on its 12-hour chart. This is a significant event, as a falling wedge breakout typically signals a potential trend reversal from a downtrend to an uptrend, indicating that sellers are losing momentum and buyers are gaining control. Related Reading: SUI Price To $7? Analyst Predicts Altcoin’s Path To New ATH Following the breakout, SUI is now engaged in a crucial retest of the zone that previously served as resistance. In a classic “resistance-turned-support” scenario, the price is now testing this former ceiling to confirm it as a new floor, a trend that will likely dictate the asset’s short-term trajectory and confirm the validity of the breakout. Furthermore, CryptoPulse outlines two distinct scenarios based on the retest. If SUI can successfully hold this new support level, it would validate the breakout and set the stage for a continuation of the upward momentum, with the next potential price targets at $4.00 and $4.40. However, if SUI fails to hold the retest and falls back below this key level, it could trigger a deeper pullback, with the price retracing to the $3.20 area before any potential continuation of the uptrend. Featured image from Adobe Stock, chart from Tradingview.com
After a period of consolidation, SUI’s price action has finally tightened, forming a bullish structure that has analysts on high alert. With a clear foundation for an upward move now in place, all eyes are on the pivotal $3.50 resistance level. Presently, speculations are whether the bulls can summon enough momentum to push past this key hurdle, potentially unlocking a new phase of growth for SUI. Market Structure Strengthens For The Next Wave Up CryptoPulse, in his recent SUI analysis posted on X, highlighted how the token tapped perfectly into the $3.30 support zone. As anticipated, buyers quickly defended this zone, stepping in with strong momentum that signaled the market’s readiness to shift upward. This reaction not only confirmed $3.30 as a critical support level but also reinforced the growing confidence among bulls. Related Reading: SUI Bulls Target $3.50 After A Breakout From This Key Chart Pattern He explained that the strong bounce from this support has allowed him to position long, with the expectation of riding the next wave of upward momentum. The renewed upward pressure suggests that traders and investors alike are beginning to align with the bullish narrative. If this momentum sustains, SUI could continue building a healthy structure, forming the foundation needed for higher price targets. Looking ahead, CryptoPulse stated that his targets remain set above the $5 mark, underscoring the potential for significant upside if the breakout structure plays out as anticipated. With such a bullish move, SUI could be on track for one of its strongest rallies in months. SUI Recovers From Major Support Zone BitGuru, in an update on X, pointed out that SUI was trading around the $3.28 mark at the time of the post. This comes after the token managed to recover from recent lows where it tested a major support level, showing resilience from buyers who stepped in at a critical point. Related Reading: SUI MACD Signals Massive Rally Ahead — 400% Price Surge Possible He explained that the ability of buyers to sustain this momentum will be key to shaping the next move. If bullish pressure holds steady, SUI could advance toward the $3.50–$3.55 resistance zone, an area that may serve as the next major test for the market. A successful breakout above this range could strengthen the case for a broader upside rally. On the other hand, BitGuru stressed the importance of the $3.20 level, which is acting as a key downside protection zone. Should the price fail to maintain strength above this threshold, it would expose the market to renewed selling pressure. However, the market sentiment presently appears cautiously optimistic as SUI continues to hold its recovery momentum. Featured image from Adobe Stock, chart from Tradingview.com