Litecoin Surges Past Descending Resistance – Bulls Target $97.10 Level

With a clear break above the 50-day Exponential Moving Average, XRP has finally broken through one of its most important resistance levels. The 50 EMA has kept XRP stuck in an uninspired sideways channel and consistently rejected price rallies for months, acting as a lid on any significant upside. But this new action marks a shift in the tide and possibly the beginning of a real recovery.

The innovation goes beyond mere technical interest. Breaking through this barrier could signal the start of a long-term bull run for XRP given its lengthy stagnation. The 50 EMA has historically been used to draw a line between bullish and bearish sentiment, and its recovery is frequently one of the first indications that the market is ready to resume taking risks.  Chart by TradingView">

XRP is making a strong statement with today's close above $2.28: the sellers are finally losing ground. Additionally volume makes the move seem more credible. The increase in trading activity indicates that this is not merely a lone short squeeze or a one-time spike brought on by a lack of liquidity. 

The Relative Strength Index (RSI) ascent to 57 indicates that buyers seem dedicated and that momentum is firmly shifting. XRP's price action is compressing above all of the major moving averages, which is particularly encouraging. If this rally can sustain momentum, a golden cross — a bullish crossover of shorter-term EMAs above long-term ones — could occur. The 100 and 200 EMAs are both within striking distance. 

Regaining $2.50 and ultimately retesting the psychological $3 level are the next goals, which are obvious. Now, that structural resistance has finally been broken, XRP has made it possible for a true reversal. This breakout could mark the beginning of a long-awaited comeback, making it more than just a technical footnote.

Dogecoin's push

Following weeks of sluggish price movement, Dogecoin has at last provided a much-needed jolt of optimism. As of right now, DOGE has clearly surpassed its 26 EMA on the daily chart, which is a crucial technical milestone that might pave the way to a more extensive recovery. Dogecoin repeatedly failed to regain short-term moving averages as it moved lower in a controlled downtrend for the majority of June.

Due to this ongoing weakness, the meme asset was unable to generate any bullish momentum and was trapped below its 26 EMA. Today's candle is different, though, as it broke above this dynamic resistance with a healthy 2.3% gain and an increase in volume, indicating that sidelined buyers were participating. 

A similar pattern has historically been seen at the start of DOGE rallies: a steady grind into the 26 EMA followed by a breakout candle that changes the market's sentiment from neutral to cautiously optimistic. Regaining the 26 EMA was obviously the first step in putting an end to the string of lower highs that have dogged the asset since May, even though the price is still trading below the heavier-weighted 50 and 100 EMAs, which are still overhead barriers. Also getting better are technical momentum indicators.

The daily RSI has risen to 51, returning to neutral territory but escaping the oversold state. Because of this DOGE has more time to run before any overbought signals appear. The $0.19-$0.20 range, where the 50 EMA and 100 EMA are convergent with horizontal resistance from early June, are the next important levels to keep an eye on. 

It would be possible for Dogecoin to retest the psychologically significant $0.22 region if it were to break through this band. Dogecoin is showing signs of life at last. Although one bullish candle does not ensure a long-term reversal, this breakout above the 26 EMA is an important technical development that could contribute to the restoration of momentum and confidence in DOGE's upside potential.

Ethereum secures breakthrough

Ethereum just produced its biggest breakout in months, breaking through the $2,600 barrier for the first time since May. Following weeks of consolidation and low conviction price action, this surge is more than just a transient technical reaction; it is an obvious indication that momentum is finally turning back in favor of the bulls. 

Now ETH has closed a daily candle above all of its major moving averages after grinding sideways between the 50 and 100 EMAs for the majority of June. Among these is the 200 EMA, which since mid-June had been limiting attempts to rise. It is critical to break through this level because it not only turns a significant structural resistance into support but also indicates that market players are prepared to assume greater risk in the hope of future gains.

A significant increase in volume coincides with the breakout, which is a crucial indicator that this is more than a passing squeeze. There is still potential for the rally to continue before the market becomes overbought, as indicated by the RSI's strong move into bullish territory and its approach to 58. 

Now that $2,600 has been reclaimed, traders ought to be focusing on the upcoming key resistance levels. The next psychological barrier, if the current momentum holds, is $3,000, which would represent a complete recovery from the decline that began in late March.

Even though this breakout is clearly positive, traders should remain vigilant because a retest of the $2,500-$2,550 range could confirm support. The case for a sustained upward move would be strengthened if buyers recovered from such a pullback.

The Dogecoin price may be setting up for a significant rally as a technical analyst identifies a bullish breakout above the 50-day trendline. After months of compressed price action, the meme coin now appears poised to conclude its downtrend, igniting fresh optimism within the crypto community. 

Dogecoin Price Set For Game-Changing Rally

Trader Tardigrade, a crypto market analyst, announced in an X (formerly Twitter) post on July 1 that the Dogecoin price has just broken above a critical 50-day descending trendline on its daily chart. With this new development, the analyst anticipates the potential start of a powerful upward price movement soon. 

Notably, the trendline breakout marks a significant shift in momentum for Dogecoin, which had been locked in a consistent downtrend over several weeks. The leading meme coin is currently trading at $0.17, having declined by almost 10% over the past month, according to CoinMarketCap. 

With the potential end of this market downturn in sight, Trader Tardigrade suggests that DOGE’s microstructure is now beginning to show early signs of a bullish reversal pattern. In his price chart, the analyst notes that Dogecoin established a higher low, followed by a higher high after its breakout above the long-standing trendline. 

More recently, a second higher low has formed, reinforcing the possibility that a new uptrend is underway. This structure, characterized by successively higher highs and lows, is often seen as the earliest confirmation that buyers could be regaining control of the market. 

The breakout is also especially significant because it follows an extended period of lower lows and lower highs, with the 50-day trendline acting as a strong resistance barrier throughout. With that resistance now breached and early signs of a bullish market structure developing, Trader Tardigrade is increasingly optimistic about Dogecoin’s near-term prospects. If the current trend persists, it could signal the start of a sustained rally for the meme coin. 

Analyst Says Dogecoin Below $0.2 Is Free

In a separate analysis, market expert Kaleo disclosed that Dogecoin’s current price below $0.20 presents a strong accumulation opportunity, implying that the meme coin is significantly undervalued when compared to its potential upside. Backing his view with a chart, the analyst projected that the Dogecoin price may be on the verge of a major breakout, with possible upside targets indicating a surge toward $1.5 and possibly beyond $ 3.50. 

Kaleo’s chart analysis highlights strong similarities between Dogecoin’s current market structure, following the April 2024 Bitcoin halving, and the 2020 breakout that preceded the meme coin’s historic bull run. In 2020, Dogecoin traded sideways within a Falling Wedge pattern for months before a breakout triggered a parabolic surge to fresh ATHs. The current price action exhibits a nearly identical setup, with the meme coin now emerging from a similar multi-year Falling Wedge, potentially setting the stage for another historic bull rally.

In a recent post on X, Michael Steinbach highlighted that Toncoin’s current price is at $2.80, which he considers one of the most exciting levels of the year. With momentum building, Steinbach noted that traders everywhere are now asking the same question: Is a breakout finally underway, or is a sharp sell-off just around the corner?

Toncoin Locked In A Narrow Range Between $2.70 And $2.80

Analyzing the daily chart, Michael Steinbach points out that Toncoin has been locked in a tight range between $2.70 as support and $2.80 as resistance for several weeks now. He warns that jumping into the market without a clear plan is a recipe for losses, especially when others are already navigating these well-defined zones with precision.

He highlights the RSI sitting at 39, a relatively weak position. While it’s not yet in oversold territory, Steinbach notes that buyers may be holding off for deeper levels. Back in April, a strong rebound occurred from below 30, making the 30–32 zone a critical area to watch for potential bullish reactions.

In terms of risk, Steinbach warns that a break below the $2.70 support could hand control over to the bears. If that level fails, the next downside targets to watch are $2.50 and, in a worst-case scenario, $2.00. He reminds traders that repeated tests of a support zone tend to weaken it over time, and when it finally cracks, the fallout can come fast.

Whether watching for a breakout or a breakdown, having a plan is essential. Reacting after the crowd moves rarely pays off; it’s the calm, pre-planned decisions that give traders the edge when volatility strikes.

Breakout Or Pullback? Define The Setup Before Entering

In outlining the bullish scenario, the analyst noted that if Toncoin manages to secure a daily close above the $2.80 resistance, momentum could quickly follow through. This breakout could open the path toward $3.00, with an extended target near $3.40, representing a potential 26% gain from current levels. That’s the kind of upside savvy traders prepare for.

So, what’s the key takeaway? According to the analyst, successful trading doesn’t rely on gut feeling; it requires well-defined triggers. That means either entering on a confirmed breakout above $2.80 with a stop-loss just below, or stepping back and waiting for a pullback that aligns with RSI signals. The focus should always be on minimizing risk while allowing profits room to grow.

As for now, the analyst sees the trend as sideways to slightly bearish. Until the chart sends a crystal-clear signal, the best approach is patience — no FOMO trades, no blind bets, just disciplined setups.

Long‑term holders of Bitcoin may need to see a fresh high around $140,000 before they enjoy the same kind of profits they saw earlier this cycle.

According to CryptoQuant, that price point lines up with past peaks in realized gains for those who have kept their coins untouched for at least six months.

‘Market Magnet’ Theory

CryptoQuant used the Market Value to Realized Value (MVRV) ratio to track how deep in profit holders are right now. Based on reports, the average realized profit for long‑term holders stands at about 220%.

That sounds healthy. But in March and December 2024, holders were sitting on roughly 300% and 350% gains, respectively.

The gap between today’s 220% and those earlier highs is what Darkfost, a CryptoQuant contributor, calls a form of “market magnet.” Many are calling for $140,000 BTC so that unrealized profits match the cycle’s top levels.