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Traders Eye DOGE, SUI, PEPE & FTM Amid Bitcoin’s $100K Range

Posted on by CryptoCoinstart News Report
Traders Eye DOGE, SUI, PEPE & FTM Amid Bitcoin's $100K Range
09
Dec
FTM 16

Bitcoin Price Analysis

Bitcoin continues to face a fierce battle between bulls and bears at the psychologically crucial $100,000 level. According to CryptoQuant contributor Percival, Bitcoin’s weekly strength appears to be waning, suggesting potential consolidation.

Despite near-term uncertainty, analysts remain bullish on Bitcoin’s long-term trajectory. Quinten François, co-founder of WeRate, noted that Bitcoin is entering the “euphoria stage,” which could extend the rally for up to 12 months before reaching a cycle top.

Currently, Bitcoin is trading near $100,000, with support at the 20-day EMA ($95,285). Key resistance lies in the $101,900–$104,088 range. A breakout above $104,088 could propel the price to $113,331 and eventually $125,000. Conversely, a dip below the 20-day EMA might lead to declines toward $90,000 or lower.

Dogecoin (DOGE) Price Analysis

Dogecoin is trading within an ascending channel, favoring buyers. Resistance at $0.48 has slowed bullish momentum, but support at the 20-day EMA ($0.41) suggests continued optimism.

  • A breakout above $0.48 could drive DOGE to the channel’s resistance line and potentially $0.60.
  • A breakdown below the channel’s support line might lead to a decline toward the 50-day SMA ($0.30).

Sui (SUI) Price Analysis

Sui is facing resistance at $4.50, but buyers remain optimistic about the uptrend continuing. Support levels include $3.94 and the 20-day EMA ($3.66).

  • A rally above $4.50 could push the price to $5.31.
  • A break below the 20-day EMA might signal profit-taking, potentially pulling the price to the 50-day SMA ($2.93).

Pepe (PEPE) Price Analysis

Pepe is trading near the critical resistance at $0.000027. The 20-day EMA ($0.000021) is trending upward, suggesting a bullish edge.

  • If bulls overcome $0.000027, the price could surge to $0.000035 and $0.000044.
  • A drop below the 20-day EMA could see PEPE testing strong support near $0.000017.

Fantom (FTM) Price Analysis

Fantom broke above $1.23 and is sustaining its gains, supported by a rising 20-day EMA ($1.09). This indicates strong buying interest.

  • Resistance at $1.68 could limit further upside, but a breakout may take FTM to $2.
  • A dip below $1.23 might lead to declines toward the 20-day EMA and eventually the 50-SMA.
CryptoCoinstart News Report