Tag:

breakout

Shaurya Malwa
Crypto Trends

Dogecoin Bullish Structure Forms After High-Volume Breakout Sees 11% DOGE Surge

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Meme token climbs to $0.24 peak with volume nearly doubling monthly averages, signaling institutional activity behind the rally.

News Background

• The Federal Reserve signaled a softer stance on crypto banking rules, while Wyoming launched the first state-backed stablecoin. Both developments lifted sentiment around digital assets.
• Trump-linked entity Thumzup completed a $50 million acquisition of Dogecoin mining firm Dogehash, forming what executives claim is the largest DOGE mining operation.
• SoFi became the first U.S. banking institution to integrate Bitcoin’s Lightning Network for remittances, reinforcing broader institutional adoption of crypto infrastructure.
• Whale wallets accumulated 680 million DOGE tokens through August, cementing rising institutional flows despite retail-driven volatility.

Price Action Summary

• DOGE rallied 8% in the Aug. 22–23 session, climbing from $0.22 to $0.24 in a $0.02 range.
• The sharpest move came at 14:00 GMT on Aug. 22, when DOGE spiked from $0.21 to $0.23 on 4.27B volume, nearly quadruple the hourly average.
• Support now holds at $0.21 after a successful retest, while resistance capped gains at the $0.24 psychological level.
• A late-session surge added 1% from $0.23 to $0.24, with a volume peak of 28.1M at 04:52 GMT confirming accumulation.
• Price action shows consecutive higher lows, suggesting sustained buying pressure and potential trend continuation.

Market Analysis

DOGE’s breakout aligns with a broader crypto rebound as risk appetite improved across equities and digital assets. The combination of Fed policy recalibration, state-level stablecoin adoption, and a high-profile mining acquisition amplified institutional participation in a token often viewed as purely retail-driven.

The $0.24 level remains a critical inflection point. A sustained breakout could open momentum targets toward $0.26, while failure risks renewed retests of $0.21 support.

Technical Indicators

• 24-hour gain of 8% from $0.22 to $0.24 with $0.02 trading range.
• Volume spiked 97% above 30-day average with 4.27B tokens traded.
• Support confirmed at $0.21 following intraday retest.
• Resistance hardened at $0.24 psychological threshold.
• Consecutive higher lows point to bullish structure.
• Volume surge of 28.1M at 04:52 GMT validates institutional flows.

What Traders Are Watching

• Whether DOGE can establish $0.24 as support for a clean breakout toward $0.26.
• Ongoing whale accumulation trends versus potential retail profit-taking at resistance.
• Impact of Wyoming’s state-backed stablecoin launch on memecoin liquidity flows.
• Futures open interest reaction after heavy spot-driven rally.



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Chainlink (Link) Price Eyes $30 As Traders Watch $27 Breakout
Crypto Trends

Chainlink (LINK) Price Eyes $30 as Traders Watch $27 Breakout

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Chainlink (LINK) seems to be standing out in the crypto space now as its price displays a strong bullish trend. According to the experts on social media platform X, the token is preparing for an incredible push. 

Recently various analysts have shared their own take on the token with some suggesting a price correction while others expect even bigger gains ahead for LINK in the short term.

For instance, CryptoFeras on X, sees $26.6 as a resistance level and explained that if the price breaks the point, LINK could push up to $30.85 in coming days. The same analyst also noted that if the price decides to fall back to $22, the level could act as a strong buying zone which could give investors a chance to re-enter the market.

At the time of writing, Chainlink is trading at $24.98, which shows a 4.27% drop in the past 24 hours, while trading activity has dropped by 19% compared to the previous day. This results in $2.27 billion in trading volume, according to CoinMarketCap.

However, on the technical side, LINK has recently broken out of a bullish flag and pole pattern and is now facing resistance near $27.

Meanwhile, the Relative Strength Index (RSI) stands at 65. This means the token is not yet in overbought territory and still has room for growth. 

LINKUSD Weekly Price Chart | Source: TradingView

In addition to this, data from Ali chart on X shows Chainlink has been adding nearly 3,000 new wallet addresses every day. This is its fastest growth in the past five months. This surge in network participation is a bullish sign because it reflects higher interest from new users entering the LINK ecosystem.

However, on-chain metrics are flashing a different signal. According to Coinglass, LINK’s major liquation points are at $24.29 on the downside and $26.69 on the upside. This is where traders have taken large leverage position 

Data also shows that around $48.53 million in long trades and $13.18 million in short trades are positioned at these levels. One red flag still remains. More than $18 million worth of LINK tokens have recently been transferred onto exchanges, which often mean that some long-term holders might be preparing to sell. 

Despite this, experts and traders remain focused on whether LINK can clear the $27 resistance level and continue its push toward the highly anticipated $30 mark.

Also Read: Shiba Inu Price Prediction: Key Levels to Watch Now



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Memecore Price Surges 20% Amid Breakout Hopes, What’s Next?
Crypto Trends

Memecore Price Surges 20% Amid Breakout Hopes, What’s Next?

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As major memecoins have displayed increased price volatility, this segment is back under discussion over the past few trading sessions. The Memecore (M) crypto has played a major role in this as its price has displayed major movements within a short period of time, making it the center of talks within the crypto community.

The memecore price chart has been displaying constant waves patterns over the past weeks and it is now on the path of potentially forming a massive swing-like pattern in the upcoming time. 

Memecore is currently listed on CoinMarketCap at $0.4566 with a change of +20%. Moreover, it was trading between a high of $0.4654 and a low of $0.4523. The daily volume is about $36.75 million, which implies good activity even in the trading periods when there is no direction in prices.

With this, investors are keeping a close eye on whether the token can defend its position around the $0.395 or record a breakout to higher levels beyond $0.484.

M Memecoin Breaks Out Channel Pattern

The chart in the 4H time frame has formed a down-sloping channel pattern since August 4, 2025. Ideally, this pattern is considered as a bullish pattern in the longer time frame. Fast-forwarding to the recent candle, the memecore price has successfully breach the resistance of the trend pattern around $0.39 level and has further converted it into a support as seen in the chart.

However, it has failed to breach the $0.484 mark in the 4H time frame. The recent bounce off the lower band ($0.36) of the trend pattern indicates that the buyers are fighting for support as that price point is a potential entry point for investors.

Historically, this memecoin has displayed major volatility around the $0.36 mark and it has also acted as a key resistance during the last week of July 2025.

In case the bullish dominance is maintained, the token may retest the resistance zone of $0.5814 that is where it was during the earlier rally. On the negative side, the important support level stands strong at $0.3951 with its crucial low holding at $0.3083 respectively.

The Bear Bull Power (BBP) which is used to identify potential trend reversal by measuring the strength of buyers(bulls) and sellers (bears) in the market, is pointing to a little restoration in purchasing strength is currently at 0.0773 (positive). Moreover, with 5 consecutive green histograms, the technical indicators show increasing bullish share in the market. With this, the trend of the overall channel indicates caution until the decisive breakout is made.

Will MemeCore Price Maintain Bullish Momentum?

A break above $0.48 should be an inflow magnet and the beginning of a rally toward its upper price target of $0.58 level. Failing to do so, the M memecoin price may experience a pullback towards the $0.39 in case of a major sell-off, its lower support of $0.30 may be retested where it has taken support in the past.

Also Read: Mark Cuban Questions Future of Crypto IPOs As Bullish Stock Drop 

Disclaimer: The Crypto Times does not endorse or promote this digital asset in any manner. This article was created only for educational purposes. Make sure to “DYOR” as the market is highly volatile. New positions should be done by traders being careful and awaiting volume-backed breakouts.



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NFT Gaming

Chainlink’s Token Surges 8% in Bullish Breakout Rally

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Oracle network Chainlink’s (LINK) native token showed remarkable strength during the Wednesday session as cryptocurrencies attempted to bounce back from yesterday’s carnage.

LINK topped $26, gaining 8.3% over the past 24 hours and erasing Tuesday’s losses. It vastly outperformed most large-cap cryptos, including bitcoin’s (BTC) modest 0.5% and ether’s (ETH) 4% rebound during the same period.

The crypto market benchmark CoinDesk 20 Index was up 1.5%.

The token’s relative strength underscores Chainlink’s improving appeal to crypto investors as a key piece of infrastructure connecting traditional markets with blockchain rails, benefiting from accelerating institutional adoption.

Sergey Nazarov, co-founder of Chainlink, said on Tuesday he met with U.S. Senator Tim Scott, Chairman of the Senate Banking Committee, leading the effort to bring the market structure bill to the Senate.

“This new version of the market structure bill has many advantages over past versions, enabling our industry to rapidly grow in the U.S. with fewer limitations,” Nazarov said in an X post.

The Chainlink Reserve, an initiative that channels revenue from protocol integrations and services to buy LINK tokens, mirroring public companies’ share buyback programs, also supports the token’s price.

The facility has accumulated 109,664 tokens worth roughly $2.8 million in two weeks and it’s poised to execute the next weekly purchase on Thursday, data shows.

Technical Analysis

LINK showcased exceptional price momentum throughout the 24-hour session, successfully breaking critical resistance zones on heightened trading volume before transitioning into a consolidation phase, according to CoinDesk’s Research’s technical analysis data.

  • Price surge of 8.30% from $23.96 to $25.93 during 24-hour period.
  • Strong support levels formed around $23.50-$23.60 zone.
  • Key resistance broken at $24.50 and $25.20 levels.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



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Cookie price pulls back into major support zone but bullish structure remains intact
NFT Gaming

why this support zone could trigger the next breakout

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PEPE has corrected into a key dynamic support that has held since March. If the point of control is reclaimed with strong volume, a full rotation toward the swing high becomes likely.

Summary

  • Dynamic Support: Price is respecting the ascending support line since March.
  • Immediate Hurdle: Point of control acts as resistance; reclaim needed for upside.
  • Bullish Structure: Consecutive higher highs/lows signal continuation toward swing high.

PEPE’s (PEPE) price action is currently testing a critical zone where dynamic support has consistently acted as a base since the March low. Despite recent corrective movement, the overall market structure remains bullish with consecutive higher highs and higher lows. This retest could confirm another higher low, opening the path for continuation higher. At the same time, immediate resistance at the point of control presents a key hurdle for the bulls to overcome in order to reclaim momentum.

Key technical points

  • Dynamic Support Retest: Price is currently holding an upsloping support line that has repeatedly acted as a springboard since March.
  • Point of Control Resistance: The $POC remains the immediate barrier where rejection is visible; reclaiming it would unlock upside potential.
  • Bullish Market Structure: Consecutive higher lows and higher highs indicate that PEPE’s bullish trajectory is intact despite corrective phases.

PEPEUSDT (1D) Chart: Source: TradingView

PEPE has retraced into dynamic support, an ascending line that has been respected since March. Each interaction with this line has confirmed demand and established higher lows, reinforcing a bullish market structure. The latest correction has once again driven price into this zone, providing a critical test of its durability.

The main obstacle for continuation is the point of control, which has acted as resistance. Recent rejection suggests supply remains present at this level, but a decisive break backed by bullish volume would confirm strength. Such a reclaim would unlock a pathway toward the swing high, completing a full market auction rotation.

From a structural perspective, this price action forms an apex zone between the dynamic support and point of control. The tightening range indicates that a decision point is near, and resolution in either direction will determine the next significant move. For bulls, the focus remains on defending support and building volume momentum to break through resistance.

Another key factor is the volume profile. Current rejections at resistance show limited follow-through, highlighting the need for strong bullish influxes to sustain upward continuation. Once volume expands in line with bullish momentum, the probability of a breakout accelerates, setting up PEPE for a retest of prior highs and potentially new ones.

What to expect in the coming price action

If PEPE continues to respect dynamic support, the probability of a higher low being locked in increases. A bullish reclaim of the point of control backed by volume would pave the way for a push toward the swing high and beyond, while failure to hold dynamic support risks deeper corrective pressure.



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Pudgy Penguins pops at NASDAQ with VanEck as market watches for PENGU price breakout
Crypto Trends

Pudgy Penguins pops at NASDAQ with VanEck as market watches for PENGU price breakout

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Pudgy Penguins’ Nasdaq spotlight has ignited fresh bullish momentum in PENGU price, pushing the token toward a potential breakout from a months-long bullish pattern.

Pudgy Penguins (PENGU) mascot recently stole the spotlight alongside VanEck at the Nasdaq opening bell ceremony, which took place on June 23 at the Nasdaq MarketSite in Times Square, New York.

At the ceremony, Matthew Sigel, VanEck’s Head of Digital Assets Research, rang the bell, while Pengu’s presence was a symbolic nod to crypto’s growing mainstream acceptance.

The appearance at the ceremony comes amid a wave of momentum for Pudgy Penguins, including the recent launch of a play-to-win game Pengu Clash on the TON blockchain and a partnership with Lufthansa’s Miles & More program.

The exposure helped boost PENGU memecoin‘s price by 16% in a single day, with the rally continuing to an intraday peak of $0.0100 on June 25. With this surge, PENGU price has edged closer to the upper boundary of the falling wedge pattern that has been forming since early May. The projected breakout level near $0.0106 is now just approximately 8% above the current price of $0.0098.

Source: TradingView

On the downside, support is around $0.008, where the lower boundary of the wedge aligns with the longer-term ascending trendline that has held since the April reversal, adding strength to this key level.

From a technical standpoint, momentum indicators are beginning to tilt in favor of the bulls.

The RSI currently stands at 48, having recovered from oversold conditions earlier this month. The MACD line has just crossed above the signal line in a bullish crossover, occurring near the zero line — a signal often interpreted as the beginning of a possible upward move.

The price is also retesting the 20-day EMA at $0.00989. A daily close above this level would confirm a short-term shift in momentum and strengthen the case for a breakout from the falling wedge.

If the breakout above $0.0106 is confirmed with strong volume and follow-through, the next upside targets are $0.0115 (50-day SMA), followed by $0.0130 and $0.0150 — the previous swing highs — and ultimately $0.0200 — the projected target based on the height of the falling wedge pattern.

A breakdown below $0.0080 would invalidate the wedge structure and expose the price to further downside, potentially toward $0.0070.



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Oliver Knight
Crypto Trends

Cosmos' ATOM Surges 10% in High-Volume Breakout Rally

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Uncertainty in the Middle East between Iran and Israel continues to shape cryptocurrency performance as ATOM demonstrates remarkable strength with a decisive breakout.

The cryptocurrency surged from $3.787 to $4.042, establishing new support above the psychological $4.00 level with strong buyer conviction.

Technical Analysis

  • ATOM-USD demonstrated a 6.73% gain over 24 hours, with a total price range of $0.359 (9.52%).
  • The decisive breakout occurred at 22:00 on June 23rd, with price surging through the $4.00 resistance level.
  • Trading volume during the breakout reached 2,027,234 units, nearly double the 24-hour SMA of 1,023,000.
  • A new high-volume resistance level was established at $4.09. • Post-breakout, ATOM maintained support above $4.00 with decreasing volatility, suggesting consolidation.
  • In the most recent hour, ATOM experienced a bullish breakout at 12:03, surging from $4.035 to $4.042.
  • This mini-rally continued to $4.046 at 12:04, representing a 1.0% gain within just two minutes.
  • The exceptionally high volume during this move (108,229 units at 12:03, followed by 91,550 units at 12:04) indicates strong buyer conviction.



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Ethereum
Crypto Trends

Ethereum Eyes Breakout Toward $4,204 With Key Technical Formation In Play

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Given the heightened volatility observed in the general crypto market during the weekend, Ethereum once again lost the $2,500 price mark, which led to a notable pullback close to $2,200. However, ETH has not fully lost its potential to rally as technical developments hint at a major rebound in the upcoming days.

Key Pattern Signals A Sharp Rally For Ethereum

Ethereum is battling with growing bearish pressure after losing the $2,500 mark a few days ago. ETH’s price may have witnessed a sharp pullback, but Rose Premium Signals, a crypto analyst, is confident that a rebound could be underway.

In the post shared on X, the expert’s analysis on ETH shows that the altcoin is building strength beneath the fall as a key chart pattern begins to take shape. Specifically, Rose Premium Signals has identified a Cup and Handle chart pattern on the 1-week time frame.

A Cup and Handle formation is a bullish technical continuation pattern that suggests a possible bounce toward the upside following a phase of consolidation. Since the pattern often points to a bullish outlook, the expert believes that ETH could bounce back again and surge dramatically to high levels.

An emerging cup and handle pattern | Source: Rose Premium Signals on X

Looking at the 1-week chart, Ethereum’s price is presently retreating from the neckline region at about $2,600. Despite the notable decline, the key chart pattern is expected to trigger a major rally for ETH.

As the cup and handle pattern slowly matures, ETH could be on the verge of a significant upward move that may challenge previous highs. According to Rose Premium Signals, if this zone is successfully recovered, the altcoin may move closer to the key target of $4,204.69.

Is It A Good Time To Purchase ETH?

While Ethereum has retraced, AlienOvicho, a crypto expert and trader, revealed that the altcoin is inching closer to a price range considered a good buying point. After navigating the ongoing price action, the analyst has underlined the buy zone between the $2140 and $1970 range.

As bearish pressure mounts, the $2,140 – $1,970 buying zone is a crucial area where a positive reaction is expected, and is currently being tested by ETH. However, if the bounce does not happen next week, attention will be shifted to the next possible demand zone, which is around $1,800.

This level is consistent with the earlier structure and may provide a more solid foundation for the subsequent move higher if the larger structure holds. Meanwhile, a rebound, which is expected to take place in the upcoming days, would push ETH’s price past the $2,300 resistance level.

At the time of writing, ETH was trading at $2,264, demonstrating a nearly 1% decrease in the last 24 hours. ETH’s price may be facing bearish pressure, but sentiment among traders appears to be improving. Data from CoinMarketCap reveals that its trading volume has increased by over 13% in the past day.

ETH trading at $2,254 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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dune awakening character looking at sandworm
Esports

Peak becomes breakout indie success because people can’t stop joking about the name

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Peak, a small and relatively cheap co-op indie game about climbing mountains with your friends, has become a breakout hit on Steam. It sold over a million copies in its first week due almost solely to good word of mouth… and people making puns about the name.

In a gaming landscape dominated by big AAA multiplayer live service titles, there’s been a renaissance of co-op games for people who aren’t feeling competitive and just want to have a good time with their friends.

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Titles like Lethal Company, R.E.P.O., and Chained Together have shown just how powerful this formula can be. The fact that the price tag on these games is so much lower than the $80 standard makes them incredibly appealing for people who just want a couple fun gaming sessions with a group of friends.

Peak is the next big indie co-op game, and it has already sold over a million copies in the first week after launch due to a deceptively simple marketing strategy.

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Indie climbing game Peak sells a million copies in a week

For big gaming companies, games often have to sell millions of copies just for them to break even. But the wonderful thing about indie game dev is that a really solid idea executed well can create a game that’s truly special that doesn’t break the bank. Enter Peak.

Peak is a co-op climbing game where you’re tasked with traversing four different biomes, each of which have different weather conditions, to try and make it to the peak of that day’s mountain.

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The maps swap every 24 hours, giving players a new experience every time they open the game. So, despite it only being $5 on Steam, people can expect huge value out of this title and something they can play with friends for years to come.

🏔️PEAK is OUT NOW on Steam‼️

Scale the mountain as a group of lost nature scouts (or solo) in this co-op climbing game

Work together, communicate, and support your fellow scouts to make it to the peak… or perish 💀

Finally… we made PEAK pic.twitter.com/6kssz85I54

— AGGRO CRAB 💥 (@AggroCrabGames) June 16, 2025

Aggro Crab, a studio that helped with development on this game and has released successful indie titles like Another Crab’s Treasure and Going Under, was surprised and a little irritated by just how successful Peak has been.

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“why did this stupid jam game sell more copies than another crabs treasure im gonna crash out,” Aggro Crab said on their official Twitter account.

For those unfamiliar, a jam game is when devs get together and essentially speedrun making a game, using existing in-engine tools and a solid core concept to flex their creative muscles and just make something. This was a collab between them and Landfall, the studio behind games like Clustertruck, with them just wanting to make something cool. Turns out, they made Peak.

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The name accidentally created a viral marketing campaign that cost them nothing and gave them a breakout hit.

One tweet that people thought was funny garnered millions of views while simultaneously linking out to a Steam page where people could buy the game for cheap. Some AAA game devs wish they had marketing this smart.

They also made a little guy named Bing Bong that people just really like. So that’s something.

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And, while that $5 price tag certainly helps with selling copies, especially since someone could feasibly spend $20 bucks to give their friend group something new to play together. But it may also just be selling because, well… it’s Peak.

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Bullish breakout? Double digit gains likely
GameFi Guides

Bullish breakout? Double digit gains likely

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SEI and KAIA tokens extended their rally Friday as Bitcoin held firm below $105,000, signaling trader resilience ahead of a potentially volatile derivatives expiration day.

With markets weathering geopolitical and macroeconomic shocks in recent weeks, the coming “quadruple witching” could test altcoin stability—but if Bitcoin (BTC) stays above key support at $104,000, SEI and KAIA may have room to run.

SEI and KAIA price analysis 

SEI traded at $0.1948 early on Friday, with modest gains. The token added 6% to its value in the past seven days, as seen on TradingView.

SEI’s closest support and resistance levels are S1 at $0.1582, the June 17 low and R1 at $0.2494, the upper boundary of an FVG on the daily price chart. 

Technical indicators RSI and MACD support a bullish thesis. RSI reads 50 and is sloping upwards. MACD shows underlying positive momentum in SEI price trend on the daily timeframe. 

SEI could see a daily candlestick close above R1 and test resistance at $0.2750, the May 11 peak for the token. 

SEI/USDT daily price chart | Source: Crypto.news

Conversely, higher volatility could usher a correction in SEI, sending the token to collect liquidity at $0.1303 support, as seen in the SEI/USDT price chart. 

KAIA hovers above the $0.19 level on Friday. The token posted over 2% gains and extended its value on Friday. KAIA has observed nearly 9% increase in its value in the past seven days. The KAIA/USDT daily price chart shows strong potential for further increase in the token’s price. 

RSI signals the token is currently overvalued, however until it dips under the 70 level, it does not typically generate a sell signal. MACD flashes increasingly taller green histogram bars, meaning there is an underlying positive trend in KAIA price. 

The closest resistance is R1 at $0.2054, the upper boundary of the FVG on the daily price chart. Next hurdle on the path to re-test 2025 peak at $0.2665 is R2 at $0.2525. 

KAIA/USDT daily price chart | Source: Crypto.news

Conversely, KAIA could sweep liquidity at the February 3 low of $0.08. Another key support is the lower boundary of the FVG at $0.1077. 

Market volatility in response to quadruple witching

Crypto market capitalization is down 2.3% in the last 24 hours. The quadruple witching event has traders on edge, expecting higher volatility and price swings in Bitcoin and altcoin prices. Volatility may have subsided for now, with most altcoins ending the week in green, geopolitical tensions over the weekend could impact liquidity and trader sentiment. 

Traders have previously remained neutral, and crypto prices have shown resilience in the face of tariff uncertainty, wars, and missiles. However, it remains to be seen how the market will react to short-lived volatility this weekend. 

Traders remained neutral on Friday, sentiment reads 54 on a scale of 0 to 100, suggesting a neutral outlook towards the market. 

Crypto Fear & Greed Index | Source: Alternative

Trump-era optimism

The optimism that Trump ushered in with his election victory and Bitcoin’s new all-time high could keep altcoins afloat during times of uncertainty. Even as traders turn risk-averse, Bitcoin price defended the $100,000 milestone and failed to sweep under the level even in the face of escalating conflict between Israel and Iran. 

In short, macroeconomic headwinds have failed to shake the resolve of crypto traders, perhaps due to the passage of the GENIUS Act in the Senate, the resolution of the SEC v. Ripple lawsuit, and the SEC’s leniency toward the crypto sector.

Altcoin market capitalization is testing key support at $1.09 trillion. If prices remain relatively stable and traders defend the support, altcoins like SEI and KAIA could survive the short-lived market volatility without erasing prior gains. 

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.



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