Dogecoin Poised for Breakout as Technicals Turn Bullish

Dogecoin is exhibiting bullish technical signals, with its price holding above key support levels, including the 200-week moving average and an ascending trendline. Analysts Thomas Anderson and Andrew highlight DOGE’s consolidation near resistance at $0.16490, with the 200 MA acting as dynamic support. Anderson suggests pullbacks toward this level could present buying opportunities, while Andrew points to an Elliott Wave structure indicating a potential Wave 3 advance. If the pattern holds, DOGE may enter a new bullish phase, possibly surpassing previous highs. The combination of Fibonacci retracement support and a broader bullish structure reinforces optimism for Dogecoin’s near-term trajectory.

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Bitcoin Eyes $166K as Institutional Inflows Fuel Rally

Bitcoin has surged to $110,386, nearing its peak above $111,000, driven by institutional buying and spot ETF inflows. Analysts project a 52% rise to $166,000 by September, based on Fibonacci extension models that have accurately predicted past price movements. Despite delays in the current cycle, the $166,000 target remains intact, with the next potential milestone at $254,162 if the rally continues. Bitcoin is currently trading at $109,110, with bullish momentum suggesting further gains ahead.

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SUI Cryptocurrency Eyes Breakout Amid Bullish Signals

SUI has surged over 10% from its $2.70 support, aiming to reclaim the crucial $3.00 resistance. Breaking this level could trigger a rally toward $5.00 or even $10, according to analysts. The cryptocurrency recently bounced from a multi-month downtrend and is now testing key EMAs and a bullish flag pattern. Despite June pullbacks driven by geopolitical tensions, SUI has regained momentum, with technical indicators suggesting further upside. Analysts highlight strong support zones and accumulation patterns, pointing to a potential major move ahead. Currently trading at $3.09, SUI has seen a 15% weekly increase.

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Dogecoin Eyes $0.196 Breakout Amid Choppy Recovery

Dogecoin (DOGE) is trading near $0.174, recovering 11% from its Tuesday low as buyers defend the $0.16 support level. Technical analyst More Crypto Online suggests the rebound is corrective, unfolding in a three-wave pattern rather than a trend-reversing five-wave structure. The analyst identifies a potential target of $0.196 if DOGE holds above $0.16, but warns of choppy price action ahead. A failure to maintain this support could expose June lows near $0.151. Market context shows DOGE’s correlation with Bitcoin has weakened, while trading volume remains steady at $1.5 billion daily. A breakout above the descending channel’s upper boundary near $0.20 could signal a broader trend reversal.

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Dogecoin Targets $1.17 Amid Bullish Signals & ETF Hype

Dogecoin (DOGE) is exhibiting bullish continuation patterns, with Fibonacci projections suggesting a major upside target of $1.17—a 591% increase from current levels. Since its June 2022 low, DOGE has surged 880%, peaking near the 0.618 Fibonacci extension. Currently consolidating between $0.14 and $0.17, DOGE faces resistance at $0.168, with whale activity and a recent $11.6M token unlock adding volatility. Speculation around a potential DOGE ETF in 2025 (51% chance per Polymarket) mirrors Bitcoin’s 2024 rally. Meanwhile, Bhutan now accepts DOGE for travel payments, expanding its use case. Analyst Master Ananda identifies key resistances at $0.59 and $0.74, with a breakout potentially pushing DOGE to new all-time highs above $1.00.

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XRP Enters Wave 3: Breakout to $2.25 in Focus

XRP’s price structure has completed its corrective phase, entering Wave 3 with momentum building toward a breakout, according to analyst CasiTrades. The token rebounded from a key Fibonacci support at $2.07, now targeting the $2.25 resistance level—a decisive breach of which could signal further upside toward $2.45–$2.69. Ripple’s withdrawal of its SEC appeal adds fundamental optimism, though regulatory risks remain. Traders are closely watching whether XRP can convert $2.25 into support, with historical supply zones near $2.60–$2.70 posing the next challenge. Technicals suggest bullish potential, but Elliott Wave targets are probabilistic, and macro-regulatory shifts could alter the trajectory.

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XRP Consolidation Mirrors 2017, Analysts Predict $10 Breakout

XRP’s prolonged consolidation phase is drawing comparisons to its 2017 breakout setup, where it surged over 1,300%. Analysts like Mikybull Crypto and XRPunkie highlight a symmetrical triangle pattern, suggesting a breakout could propel XRP to $3.70 or even $10, with some optimistic targets reaching $25. The altcoin has held steady above $1.90 but struggles to break past $2.90, mirroring a six-year structure that previously led to massive gains. While some traders caution about a bearish inverse cup-and-handle pattern, bullish sentiment remains strong, with a CoinMarketCap poll showing 91.3% of participants believe XRP could hit $5. Ripple’s potential in cross-border payments and ETF-driven demand add further upside potential.

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XRP Poised for $6-$8 Breakout, Analyst Predicts

In a recent livestream, crypto analyst Cantonese Cat argued that XRP’s prolonged consolidation phase is a setup for a significant breakout, with potential targets between $6 and $8. He highlighted key technical indicators, including the Gann arc resistance, Fibonacci extensions, and the Ichimoku Cloud, all signaling bullish momentum. XRP has held critical support levels, and a clean break above the 0.86 Fibonacci zone could trigger a parabolic rally. While the market remains quiet, Cantonese Cat views this as a compression phase before a high-volatility surge. At press time, XRP traded at $2.20, but the analyst warns that the breakout could catch many off guard.

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XRP Breakout or Crash? Analyst Warns of Volatility Ahead

XRP has surged above a descending trendline that previously capped rallies since February, but derivatives positioning hints at a possible shakeout. Market technician CasiTrades analyzes the setup using Elliott-wave theory, suggesting the breakout could mark the start of wave (3), targeting $3.77 or higher. However, rising funding rates without a decisive price move may trigger a liquidity sweep, dragging XRP down to $2.01, $1.90, or even $1.55. The 14-period RSI shows bearish divergence, signaling potential volatility. Traders face a binary outcome: a dip to $1.55 before a rally or consolidation above $2.25 leading to a breakout toward $2.69 and beyond. At press time, XRP traded at $2.25.

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XRP Nears Critical Decision Zone as Bitcoin Leads Market

XRP is trading around $2.30, testing the upper half of its seven-month range between $2.00 and $2.80. Analyst Quantum Ascend highlights a critical ‘decision zone’ at $2.42–$2.52, where the token could either break out into a wave-three surge or face a final wave-two correction. The outcome may depend on Bitcoin’s momentum and the SEC’s ruling on Franklin Templeton’s spot-XRP ETF proposal by 17 June. A breakout above $2.52 could target mid-$3s, while a rejection might push XRP back toward lower supports. The analyst remains optimistic, viewing any short-term volatility as part of a larger bullish structure.

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