The broader cryptocurrency market is experiencing renewed pressure, with several top coins retesting former support levels. Amid this environment, Dogecoin (DOGE) and Ethereum (ETH) are showing mixed signals, consolidating after recent price movements, while the new project Digitap ($TAP) is demonstrating strong momentum with significant presale gains.
Dogecoin's price is currently hovering around the $0.14 level, having traded between $0.135 and $0.155 over the past week. Despite a 2.94% weekly gain, analysts note it is trading below a key trendline. Some, like Aman, forecast a potential breakout to $0.18, while Eric Crypto B identifies a bullish falling wedge pattern that could propel DOGE to $0.20 if resistance is broken.
Ethereum has been trading below $3,400 for nearly a month, consolidating in the $2,796–$3,222 range. While bulls have struggled to break past upper resistance, strong support is seen at the $3,000 level. Analyst Ted suggests ETH needs to surpass the $3,300-$3,400 zone to initiate a new rally towards $3,800, whereas KALEO is optimistic about a breakout that could push the price to $4,800. However, bearish technical indicators like declining volume present a challenge to these predictions.
In stark contrast, the Digitap ($TAP) presale has soared by 188%, raising over $2.3 million and selling more than 140 million tokens. The token price has increased from $0.0125 to $0.0361, with another price hike to $0.0371 expected imminently. The project's core offering is a cross-border payment platform that merges DeFi and traditional finance, allowing users to trade over 100 cryptocurrencies and 20 fiat currencies. A key catalyst for its growth is the integration of Apple Pay and Google Pay, alongside Visa card support, enabling seamless online and in-store transactions without manual conversions.
Analysts project that $TAP could see gains of 100x or even 1,000% in the near future, fueled by its real-world utility and rumors of an upcoming listing on a major Tier-1 exchange like Kraken. The project also offers staking rewards of up to 124% APY. A 20% discount is available for first-time purchasers using the code "TAPPER20."
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