The Dogecoin weekly chart is back at a cluster of technical levels that one market watcher says offers a favorable entry. The pseudonymous trader Cantonese Cat (@cantonmeow) posted a TradingView snapshot and wrote, “I bought a little bit more DOGE and Fartcoin last night, but you pretty much knew that. I think it’s great risk-reward here and that I’ll do what I can to buy anyway.” In a follow-up note attached to the same chart, the analyst summarized the setup as a “DOGE Bull market support band back-test. Diagonal bear market trendline breakout and back-test.” Best Dogecoin Buy Signal? The chart, created August 3,, tracks DOGE/USD (Coinbase) on the weekly timeframe and shows price pulling into the Bull Market Support Band—an envelope indicator plotted as two lines—now marked around $0.19025–$0.20703. At the time of the screenshot, the weekly candle displayed O: $0.24076, H: $0.24860, L: $0.18855, C: $0.19945, reflecting a drop of roughly 17.15% on the week with hours left in the session. The drawdown follows a sharp two-week advance that pushed Dogecoin into the upper $0.20s before sellers faded the move. Technically, the image highlights two elements beyond the support band. First is a descending trendline drawn across lower weekly highs, which price moved above on July 16 and is now testing from the topside. Second is the confluence between that trendline and the bull market support band, a zone that trend followers often watch to judge whether a breakout is holding or failing. Related Reading: Historical Data Predicts Dogecoin Price Crash In August — But There’s A Silver Lining The analyst’s post frames the current retreat as a “back-test” of both features rather than a breakdown, implying that demand near the band could keep bulls in control if the level continues to act as support. While the post is explicitly bullish, the evidence presented is descriptive rather than predictive. However, the weekly candle has closed above the crucial area. So, the configuration is clear: after piercing a long-running diagonal barrier, DOGE is revisiting the $0.19–$0.21 area, where the support band is aligned with the former downtrend line. Related Reading: If Dogecoin Loses This Level, Expect A Major Crash: Analyst Warns Traders who subscribe to momentum-and-trend methodologies often evaluate such retests for confirmation—looking for stabilization, shrinking downside momentum, or a swift recovery back above the midline of the band. Cantonese Cat’s message distills that view into a simple risk stance. By stating “I think it’s great risk-reward here,” the commentator is signaling that, in his opinion, the nearby technical levels define risk tightly relative to potential upside should the breakout sustain. As always, that is one analyst’s interpretation of the chart at a specific moment in time; Dogecoin remains volatile, and this week will be pivotal for bulls attempting to confirm the momentum, but the risk-reward ratio seems quite good. At press time, DOGE traded at $0.199. Featured image created with DALL.E, chart from TradingView.com
Ether “mega whales” continued buying the cryptocurrency, which dipped and began recovering over the weekend.
BlackRock’s Bitcoin ETF is set to get a boost from the SEC’s decision to raise the limit for options contracts by tenfold, says NYDIG’s Greg Cipolaro.
Ethena’s USDe stablecoin has experienced remarkable growth, with its supply surging 75% over the past month to reach $9.3 billion. This impressive expansion has pushed USDe past FDUSD to become the third-largest stablecoin by market capitalization, trailing only USDT and USDC. Meanwhile, Ethena has also climbed to become the sixth-largest DeFi protocol by total value …
The rally was driven by consistent accumulation and large holder activity, with key breakouts at $0.194, $0.196, and $0.198.
Rumors are once again making rounds on social media, claiming that famous investor and author of Rich Dad Poor Dad, Robert Kiyosaki, endorsed XRP. The viral quote being shared is: “1,000 XRP will make you the richest person in your family.” While this statement has caused excitement among XRP supporters, the facts behind it tell …
Metaplanet scooped up 463 Bitcoin on Monday, making it the first public company to capitalize on the August Bitcoin dip.
Capital B has teamed up with the TOBAM Bitcoin Alpha Fund to raise €11.5 million, planning to use the funds to buy 160 more BTC. This purchase will increase Capital B’s total Bitcoin holdings to 2,173 BTC. The partnership highlights both companies’ growing commitment to cryptocurrency and their strategy to build larger positions in the …
Japan-based Bitcoin holding firm Metaplanet has made another big move this August. The company bought 463 more BTC for around $53.7 million, continuing its steady Bitcoin accumulation. With this latest purchase, Metaplanet now holds 17,595 BTC, making it one of the top Bitcoin-holding companies in the world. Metaplanet Buys 463 More BTC In a recent …
Elliott wave expert suggests a potential BTC peak at around $140K followed by a bear market in 2026.
Former UK Chancellor George Osborne has warned that Britain is falling behind in the global crypto race due to the Labour government’s overly cautious approach. He compared the current shift in digital finance to the 1980s “Big Bang” reforms and urged swift action to stay competitive with the US, EU, and Asia. Osborne, who now …
Ripple recently released a report revealing how banks are shaping their long-term digital asset strategies with blockchain technology. The report also clarified that Citigroup, JPMorgan Chase, Goldman Sachs, and Japan’s SBI Group are leading the way in traditional finance backing blockchain startups. With cheaper, faster, and more accessible services, the future of financial institutions will …
France’s far-right National Rally party, Rassemblement National (RN), is preparing a bill to tap into the nation’s surplus nuclear energy to mine Bitcoin. The proposal, led by MP Aurélien Lopez‑Liguori, would run as a five‑year pilot program at nuclear plants like Flamanville. The idea behind this initiative is that when power demand is low, nuclear …
After crashing below the $115,000 territory over the weekend, Bitcoin has reached an important level that could determine where the crypto market is headed next. Eventually, it comes down to the support levels and how much buying is going on to actually counter the effects of massive sell-offs that continue to drive down the price. However, if bulls are able to hold, then it could suggest there is enough momentum behind the cryptocurrency to push for new highs. Why Bitcoin Must Hold $100,000 In an analysis, crypto and market analyst MasterAnanda has pointed to the Bitcoin price already solidifying support that could help end the downtrend. Pointing to the current market decline, the analyst explains that the price is actually only down 8% after hitting its $123,000 all-time high back on July 14. This retrace is nothing out of the ordinary, which MasterAnanda refers to as “part of the normal workings of the market.” Related Reading: Satoshimeter Shows Where Bitcoin Price Is In This Cycle The current Bitcoin price fluctuations have not raised any alarms, as corrections are expected and are needed for the price to continue to rally. As the analyst explains, such fluctuations usually see the cryptocurrency reach new higher highs over the longer timeframe. Already, there is a lot of support for the Bitcoin price above the $110,000 level. This shows that while bears are pushing down hard, buying is still soaking up the dumped supply in the market. The analyst points to this support level as important, but highlights an even more important and stronger support level lying just above $100,000. This $100,000 level has remained a psychological level since it was first hit back in December 2024, becoming the level to hold if the market were to continue its uptrend. The crypto analyst explains that as long as the Bitcoin price remains above $100,000, then the bulls will continue to be in control. Related Reading: Market Cap Not A Hindrance To XRP Price Reaching $1,000, Expert Explains Why “After a few weeks, or several months, exactly as it happened last time, Bitcoin will go up. So you can expect retraces and corrections, but this is only short-term long-term we grow,” Master Ananda stated. However, there is still the possibility that the price does fall below the $100,000 level. In this case, it would mean an invalidation of the bullish thesis, and the analyst revealed that the short and mid-term analysis would need to be revisited and updated if this happens. Featured image from Dall.E, chart from TradingView.com
Prior to the proposal passing, Cardano's Technical Steering Committee submitted a competing bid. Users were also concerned about transparency and accountability.
The month of August has historically been a bearish one for Bitcoin, and is already off to a choppy start.
The crypto market is staging a strong comeback after a rocky start to August. Bitcoin is trading around $114,635, while Ethereum is near $3,553, both rebounding sharply from earlier lows. Instead of panicking, investors appear to be rotating back into crypto, treating current prices as a buying opportunity. The recovery is striking: the market has …
India now holds 1 million BTC, which is 5.1% of all Bitcoins currently in circulation. With this major milestone, India moves up to second place worldwide in terms of Bitcoin holdings. The achievement highlights the growing interest and strong presence of the country’s investors in the cryptocurrency market. As Bitcoin continues to gain acceptance, India’s …
Metaplanet has increased its investment in Bitcoin by purchasing an additional 463 BTC, spending $53.7 million on the recent acquisition. With this new addition, the company’s total Bitcoin holdings now stand at 17,595 BTC. The move highlights Metaplanet’s strong commitment to cryptocurrency as part of its investment strategy and demonstrates its confidence in Bitcoin’s long-term …
A statue honoring Bitcoin’s creator, Satoshi Nakamoto, was stolen in Lugano, Switzerland, raising alarm in the crypto community. Symbolizing Bitcoin’s anonymity, the statue mysteriously disappeared, prompting organizers at SatoshiGallery to offer a 0.1 BTC reward for any helpful information. It was later found broken near the Lugano waterfront. While the thief remains unknown, the incident …
The Commodity Futures Trading Commission will work with the Securities and Exchange Commission to implement White House crypto recommendations.
After a brief correction, the crypto markets have begun to recover, starting the weekly trade on a bullish note. Although the volume has fallen by more than 22%, the global market capitalization still stands above $3.72 trillion, with BTC market cap alone leading at over $2.27 trillion. The major tokens like Bitcoin (BTC) and Ethereum …
In a landmark legal triumph, the Apertum Foundation and its senior advisor Josip Heit have decisively defeated the Texas State Securities Board (TSSB), one of the most formidable regulators in the United States. This resounding victory confirms that neither the Apertum token nor the DAO1 decentralized finance (DeFi) platform constitute securities under applicable securities laws, thereby dismantling …
“The dip was driven by concerns over Trump’s tariff stance and the Fed’s signal that it’s not keen to cut rates soon,” one trader said.
Despite bullish headlines and China ties, Conflux’s on-chain metrics remain weak even as insiders say Beijing might be warming up to some forms of digital assets.
The XRP community is on high alert as the Ripple vs U.S. Securities and Exchange Commission (SEC) legal battle moves toward what could be a decisive step on August 15. The date could mark the official end of the lawsuit that has loomed over XRP since 2020. However, despite excitement, there’s still confusion about the …
David Sacks says fears that AI will overtake human jobs are overblown, while a recent Microsoft study has flagged the top roles at risk.
The cryptocurrency market has seen a strong rebound over the past 24 hours, with several major coins recording solid price increases. The global market cap rose by nearly 2% to reach $3.73 trillion, signaling renewed investor interest after days of uncertainty. Bitcoin (BTC) climbed 1.16% to trade at $114,797, while Ethereum (ETH) jumped 3.69%, now …
XRP is once again under pressure as bearish signals continue to build on both weekly and daily charts. One analyst has said that the token is just hours away from possibly confirming a major bearish divergence on the weekly timeframe, a technical pattern that has previously led to steep price declines. However, at the time …