Author: dfmines

Dogecoin is consolidating gains above the $0.380 resistance against the US Dollar. DOGE is holding gains and eyeing more upsides above $0.400. DOGE price started a fresh increase above the $0.3750 resistance level. The price is trading above the $0.3800 level and the 100-hourly simple moving average. There was a break above a short-term contracting triangle with resistance at $0.390 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to rally if it clears the $0.400 and $0.4080 resistance levels. Dogecoin Price Eyes More Upsides Dogecoin price remained supported above the $0.350 level and recently started a fresh increase like Bitcoin and Ethereum. DOGE was able to clear the $0.3650 and $0.3750 resistance levels. The price climbed above the 50% Fib retracement level of the downward move from the $0.4208 swing high to the $0.3652 low. Besides, there was a break above a short-term contracting triangle with resistance at $0.390 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading above the $0.3750 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.3950 level or the 61.8% Fib retracement level of the downward move from the $0.4208 swing high to the $0.3652 low. The first major resistance for the bulls could be near the $0.400 level. The next major resistance is near the $0.4080 level. A close above the $0.4080 resistance might send the price toward the $0.4200 resistance. Any more gains might send the price toward the $0.4500 level. The next major stop for the bulls might be $0.500. Are Dips Supported In DOGE? If DOGE’s price fails to climb above the $0.400 level, it could start a downside correction. Initial support on the downside is near the $0.3850 level. The next major support is near the $0.3750 level. The main support sits at $0.3550. If there is a downside break below the $0.3550 support, the price could decline further. In the stated case, the price might decline toward the $0.3200 level or even $0.300 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.3850 and $0.3750. Major Resistance Levels – $0.4000 and $0.4200.

The defendants will likely have to pay something along with “neither admit nor deny” type language, says Pantera’s chief legal officer Katrina Paglia. 

Polkadot (DOT) has entered a consolidation phase, trading below the $6 mark after a strong 30% rally since last Friday. This period of sideways movement has brought some volatility, but market conditions suggest DOT might be gearing up for its next major move. Investors watch the asset closely as it maintains a bullish structure despite temporary resistance near the $6 level. Related Reading: Last Chance To Buy Ethereum? Analyst Expects $6,000 Once It Breaks 8-Month Accumulation Top crypto analyst Ali Martinez has shared a technical analysis highlighting Polkadot’s resilience. According to Martinez, DOT is holding the firm above a critical demand zone, a sign that the asset could prepare for a significant breakout. His insights point to growing interest and optimism around Polkadot, fueled by its potential for another bullish leg. As one of the leading blockchain ecosystems with robust interoperability solutions, Polkadot continues to capture attention in a market increasingly favoring quality projects. The next few days will determine whether DOT can capitalize on its recent momentum to push past key resistance levels. All eyes remain on Polkadot’s price action as it tests investor confidence and market strength. If the anticipated surge materializes, DOT could soon reclaim higher ground, further solidifying its position in the crypto space. Polkadot Preparing For A Breakout   Polkadot appears to be on the verge of a breakout as it maintains bullish momentum despite a recent pullback from the $6 resistance level. After a nearly 10% retrace, DOT has found stability above the critical $5.7 demand zone, signaling buyers are still firmly in control. This resilience has sparked optimism among investors and analysts, who view the current price action as a setup for a significant rally. Top crypto analyst Ali Martinez recently shared his insights on X, pointing to Polkadot’s weekly price chart as evidence of its potential. According to Martinez, DOT has shown remarkable strength by holding above the $3.6 support level, which has served as a foundation for its recent recovery. He suggests that if the current momentum continues, DOT could climb to $11 in the coming weeks, representing a substantial gain from current levels. Martinez also emphasized that reaching and consolidating above the $11 mark could set the stage for an even bigger rally. He predicts that such a move would open the door for a surge to $22, aligning with broader bullish expectations for the altcoin market. Related Reading: Bitcoin Demand Outweighs Supply As LTH Enter Active Distribution Phase With Polkadot’s fundamentals and technical setup aligning, all eyes are on its ability to overcome key resistance levels. If these predictions materialize, DOT could reestablish itself as a leading player in the crypto market. DOT Price Action: Technical Details Polkadot is trading at $5.6, maintaining its position above the critical 200-day Moving Average (MA) at $5.3. Breaking above this key indicator is a strong bullish signal, suggesting that DOT shows long-term strength as buyers gain control. The price is also holding firmly above the $5.6 demand level, which served as crucial support during June and July but was lost until its recent recovery. This regained demand level at $5.6 has reignited optimism among investors, as sustaining this zone could provide the foundation for further bullish momentum. If DOT manages to hold steady above this level in the coming days, a move toward new supply zones is likely, with the next target at approximately $6.5. Related Reading: Ethereum Consolidation Continues – Charts Signal Potential Breakout The combination of breaking the 200-day MA and reclaiming a significant demand level demonstrates that DOT has the potential to maintain its current upward trajectory. However, sustained buying pressure will be necessary to overcome resistance and push toward higher targets. For now, all eyes remain on DOT’s ability to consolidate above $5.6, which will be a key indicator of whether it can continue climbing in the coming weeks. Featured image from Dall-E, chart from TradingView

The U.S. Justice Department has announced the seizure of Popeyetools, a cybercrime marketplace, and unmasked its role in illicit cryptocurrency transactions. Administrators Abdul Ghaffar, Abdul Sami, and Javed Mirza were charged with selling stolen financial data and facilitating crimes involving ransomware and fraud. Since 2016, Popeyetools generated $1.7 million in revenue, partly from cryptocurrency payments, […]

XRP price rallied above the $1.15 and $1.20 resistance levels. The price is up over 25% and might rise further above the $1.420 resistance. XRP price started a fresh surge above the $1.20 resistance level. The price is now trading above $1.250 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $1.1400 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is up over 25% and it seems like the bulls are not done yet. XRP Price Eyes Steady Increase XRP price formed a base above $1.050 and started a fresh increase. There was a move above the $1.150 and $1.20 resistance levels. It even pumped above the $1.25 level, beating Ethereum and Bitcoin in the past two sessions. There was also a break above a key bearish trend line with resistance at $1.1400 on the hourly chart of the XRP/USD pair. A high was formed at $1.4161 and the price is now consolidating gains. It is trading above the 23.6% Fib retracement level of the upward move from the $1.0649 swing low to the $1.4161 high. The price is now trading above $1.30 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $1.400 level. The first major resistance is near the $1.420 level. The next key resistance could be $1.450. A clear move above the $1.450 resistance might send the price toward the $1.50 resistance. Any more gains might send the price toward the $1.550 resistance or even $1.620 in the near term. The next major hurdle for the bulls might be $1.750 or $1.80. Are Dips Supported? If XRP fails to clear the $1.420 resistance zone, it could start a downside correction. Initial support on the downside is near the $1.3350 level. The next major support is near the $1.2850 level. If there is a downside break and a close below the $1.2850 level, the price might continue to decline toward the $1.240 support or the 50% Fib retracement level of the upward move from the $1.0649 swing low to the $1.4161 high in the near term. The next major support sits near the $1.20 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $1.3350 and $1.2850. Major Resistance Levels – $1.4000 and $1.4200.

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Russia’s foreign trade is defying Western sanctions, with rising imports, resilient transaction systems, and projected economic growth outpacing stagnating Western economies. Western Sanctions Meet Resistance as Russia’s Trade Surges Russian Finance Minister Anton Siluanov has claimed that Western sanctions will not hinder Russia’s foreign trade. Speaking in an interview with Nailya Asker-Zade on the Rossiya-24 […]

Ethereum price started a fresh increase above the $3,220 zone. ETH is rising and aiming for more gains above the $3,350 resistance. Ethereum started a fresh increase above the $3,220 and $3,300 levels. The price is trading above $3,250 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $3,360 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it clears the $3,385 resistance zone. Ethereum Price Regains Traction Ethereum price remained supported above $3,000 and started a fresh increase like Bitcoin. ETH gained pace for a move above the $3,150 and $3,220 resistance levels. The bulls pumped the price above the $3,300 level. It gained over 10% and traded as high as $3,387. It is now consolidating gains above the 23.6% Fib retracement level of the recent move from the $3,036 swing low to the $3,387 high. Ethereum price is now trading above $3,220 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $3,350 level. There is also a short-term contracting triangle forming with resistance at $3,360 on the hourly chart of ETH/USD. The first major resistance is near the $3,385 level. The main resistance is now forming near $3,420. A clear move above the $3,420 resistance might send the price toward the $3,550 resistance. An upside break above the $3,550 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,650 resistance zone or even $3,880. Another Decline In ETH? If Ethereum fails to clear the $3,350 resistance, it could start another decline. Initial support on the downside is near the $3,300 level. The first major support sits near the $3,250 zone. A clear move below the $3,250 support might push the price toward $3,220 or the 50% Fib retracement level of the recent move from the $3,036 swing low to the $3,387 high. Any more losses might send the price toward the $3,150 support level in the near term. The next key support sits at $3,050. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,250 Major Resistance Level – $3,385