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On-chain data is worrying investors due to the increase in BTC transfer size. BTC is currently at $26,450. Daily traders, who view every rise as a new selling opportunity, are strengthening their resistance levels. It is important to remember that in the past, these narrow ranges have worked against the majority of short-term investors.
Dogecoin (DOGE) Price Predictions
Bears are fighting hard at the $0.06 level to push the DOGE price to deeper lows. Negative RSI and falling moving averages indicate that bears continue to maintain control. If there are closes below $0.06, it is likely that the price will pull back to $0.055. The scenario for Dogecoin has been the same for a long time, and critical levels have not changed due to the price being trapped in a narrow range.
In a positive scenario, we can see the price rise to $0.07 and $0.08 with closes above $0.065. Of course, the BTC price performance will also be decisive for DOGE.
Solana (SOL) Chart Analysis
The inability of bulls to push Solana above the 20-day EMA in the past few days indicates the continuation of negativity. On the other hand, there has been a $100 million BTC influx into the Coinbase exchange at the time of writing. It is no longer surprising to see sudden sell-offs as the size of these inflows has been increasing for the past few days.
The price has turned down from the 20-day EMA, and bears may gather strength to pull the SOL/USDT pair to the $18.50 support area. If the critical support level is lost, we may see the price drop to $17.33. However, if the price bounces from $18.5 after the decline, a move towards $22.3 may occur depending on the overall market sentiment.
TON Coin Price Chart Analysis
Over the past few months, Telegram-backed TON Coin has started to gain attention. Integration announcements and recent developments have made the altcoin one of the top 9 cryptocurrencies. Telegram is planning significant steps in line with its Web3 goals. We have previously shared many moves with you, from username sales to internal wallet services, as breaking news.
The critical area for TON Coin bulls is at the $2.11 level. If this region can be preserved, resistance levels at $2.4 and higher can be targeted. However, bears will try to roll the price down to the $1.76 main support level with closes below $2.07.
