crypto technicals Archives - Coin Engineer

Dogecoin Technical Outlook and Commentary – 07.08.2025

Yeliz Akmaca — Thu, 07 Aug 2025 10:57:14 +0000

Dogecoin, originally created as an internet meme, has gained significant popularity due to its strong community support. Despite its humorous beginnings, it is now considered a major coin in the market. However, its unlimited supply poses an inflation risk, which can make long-term value growth challenging. Price movements are largely influenced by social media trends and celebrity endorsements. Currently, Dogecoin holds a market capitalization of $31 billion.

Dogecoin Technical Analysis

Looking at the daily chart, after last year’s rally, Dogecoin has rebounded from the accumulation zone that initiated that move. The price regained upward momentum without losing this zone. As it made positive internal breakouts, it retested the area again and received another bullish response, forming new highs.

Currently, the price has successfully held above the $0.191 level, which was previously a resistance but now acts as a strong support. On lower timeframes, the next key level to break is $0.212. If Dogecoin faces another rejection here, and if the overall market pulls back, the price could decline to around $0.140. However, the $0.191 support continues to hold well.

The next resistance level is at $0.250. If this level is surpassed, the price could test higher levels rapidly. The major resistance zone for DOGE stands at $0.288. A clear breakout above this area would indicate that DOGE has entered a full bullish trend.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Dogecoin Technical Outlook and Commentary – 07.08.2025 appeared first on Coin Engineer.

Ethereum Holding Support: Can The Rally Continue?

Yigit Taha OZTURK — Mon, 30 Jun 2025 15:00:26 +0000

The recent price action of Ethereum is unfolding as anticipated, offering traders both validation and opportunity. With each technical level playing its role, the question now is whether ETH can sustain its momentum—or face a correction.

Resistance Broken, Trend Line Tested

After successfully reclaiming the 2,450 – 2,405 USD resistance area, ETH first met a descending trendline. From there, the price gained momentum and pushed towards the 2,550 USD level. This move confirmed the bullish setup, giving traders confidence in the previous analysis.

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Support Zone Holding, But Pressure Builds

Currently, the price remains in the support region. However, if this area fails to hold, a pullback toward 2,300 USD could occur. Such a decline would raise red flags for short-term traders looking for stability.

The 2,550 USD level now acts as the immediate resistance. A strong breakout above this zone could signal a continuation of the upward trend, positioning Ethereum for further gains.

ETH/USDT pair 4-hour chart.

The post Ethereum Holding Support: Can The Rally Continue? appeared first on Coin Engineer.

FET Rises with Buyback Move: Will the Trend Break?

Yigit Taha OZTURK — Thu, 19 Jun 2025 12:00:43 +0000

One of the most notable moves in the crypto market today came from Fetch.ai, which announced a $50 million token buyback program. Following the news, FET gained nearly 6%, drawing strong attention from traders and investors alike.

Rebound from a Strong Support Zone

After the announcement, the price rebounded from the key support range between $0.65 and $0.61, touching the resistance of the downward trendline. While there’s no confirmed breakout yet, a volume-backed move above this trend could open the door toward the $0.75 level.

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What Levels to Watch Next?

If FET breaks above the trendline with strong momentum, the next target would likely be $0.75. On the flip side, if the support range is lost, the next major support is at $0.57.

Volume remains the key factor to watch, as it may determine the direction of the next major move.

FET/USDT pair 4-hour chart.

The post FET Rises with Buyback Move: Will the Trend Break? appeared first on Coin Engineer.

AVAX Tests Key Support As Uptrend Breaks – What’s Next?

Yigit Taha OZTURK — Fri, 30 May 2025 14:30:25 +0000

In the midst of ongoing market volatility, AVAX has shown signs of weakness after losing its short-term uptrend. The price action on the 4-hour chart now points to a crucial support test that may determine the next directional move.

Trend Break Sends AVAX Toward Key Support Level

After breaking below the rising trendline on the 4-hour timeframe, AVAX slipped to test the 21.29$ support level. Although some buying activity emerged at this zone, the price hasn’t yet re-entered the lost trend channel.

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If 21.29$ is broken with a 4-hour candle close, the next major support level to watch lies at 19.35$. Such a move could reinforce the bearish momentum and lead to further downside in the short term.

Retesting the Broken Trendline as Resistance

On the flip side, if AVAX continues to hold above 21.29$ and bounces from this level, the previously lost trendline will now act as a resistance. Reclaiming that level would be a signal of strength and could pave the way for a short-term recovery.

AVAX/USDT pair 4-hour chart.

Traders should monitor volume levels and 4-hour candle closures around this zone to better interpret whether the market favors continuation or reversal.

The post AVAX Tests Key Support As Uptrend Breaks – What’s Next? appeared first on Coin Engineer.

SUI Breaks Key Support: Eyes Now on Crucial $3.78 Level

Yigit Taha OZTURK — Fri, 23 May 2025 14:30:22 +0000

In recent analysis, we warned that a break below $4.01 in SUI could trigger a drop toward $3.83. That scenario played out swiftly, with the price even dipping below the target to reach $3.78. Now, market attention shifts to whether this level can hold the line.

Why $3.78 Is the Key Level Right Now

The $3.78 support is now acting as a potential pivot point. A successful defense here could lead to renewed upward momentum for SUI. However, if bears continue to dominate and push the price lower, another leg down may follow.

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Analysts warn that a loss of the $3.78 level may result in a further decline toward $3.21, posing nearly a 15% downside risk.

Traders Advised to Stay Alert

With volatility still elevated, maintaining proper risk management is essential. SUI has shown sensitivity to both news and technical levels in recent sessions, reinforcing the need for cautious positioning.

Traders should closely monitor the $3.78 and $3.21 zones as they could define the short-term direction of this altcoin.

SUI/USDT pair 4-hour chart.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post SUI Breaks Key Support: Eyes Now on Crucial $3.78 Level appeared first on Coin Engineer.

APE Nears $0.46 Support: Key Reaction Expected

Yigit Taha OZTURK — Tue, 06 May 2025 18:00:21 +0000

As highlighted in our previous high-timeframe analysis, APE failed to break through the bearish FVG (Fair Value Gap) zone. As anticipated, the rejection led to a downward move toward the $0.46 support, with the current price hovering around $0.47.

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This puts APE at a critical point, as traders watch closely for price action around this key level.

Holding $0.46 Could Spark Recovery, Breakdown Targets $0.40

If APE finds strong buying support at $0.46, a rebound toward the FVG zone could begin. This would signal a potential short-term recovery.

However, if the support breaks down with volume, a drop to the $0.40 area becomes a likely scenario. The $0.46 level remains crucial for determining APE’s next move in the market.

APE/USDT pair daily chart.

The post APE Nears $0.46 Support: Key Reaction Expected appeared first on Coin Engineer.

AVAX Technical Analysis: Trend Break Confirmed but No Strong Reaction Yet

Yigit Taha OZTURK — Tue, 15 Apr 2025 13:30:59 +0000

AVAX has finally broken out of its long-standing downtrend on the daily chart. However, it has yet to deliver the strong upward move that traders were expecting following this breakout.

Key Support at $15.5

After bouncing from the $15.5 support level — a historically significant area — the price climbed into the downward Fair Value Gap (FVG) zone. This area has previously acted as strong resistance, and once again, AVAX faced rejection here.

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The price failed to break the FVG zone, showing weakness at this critical resistance. If this rejection continues, AVAX could revisit the $15.5 support level. Holding above that line is essential to prevent further downside.

Bullish Breakout Scenario: Targeting $25–$27 Range

If AVAX manages to break through the resistance zone with strong volume, it could quickly move towards the $25–$27 range. This zone represents a key technical and psychological barrier and would likely attract attention from traders.

AVAX/USDT pair daily chart.

AVAX has broken its downtrend, which is a strong technical signal, but price action has not yet confirmed sustained bullishness. If $15.5 holds and volume increases, we could see a bullish breakout toward $25–$27. However, if support fails, further correction may follow.

Traders should remain cautious, follow key support/resistance levels closely, and prepare risk-management strategies accordingly.

The post AVAX Technical Analysis: Trend Break Confirmed but No Strong Reaction Yet appeared first on Coin Engineer.

Bitcoin Technical Analysis: Testing Critical Support

Yigit Taha OZTURK — Mon, 07 Apr 2025 11:30:58 +0000

Bitcoin continues to follow its downtrend on the daily chart, pulling back into the critical bullish Fair Value Gap (FVG) zone. This area will be decisive for the continuation of any upward movement.

If this FVG support breaks down, the bitcoin price could drop further towards 66,852$. On the other hand, a reaction from the 73,462$ support could fuel a strong upside move.

Key Reaction Zone: 73,462$ Support!

A solid bounce from 73,462$ could reignite bullish momentum. Holding above this level may trigger recovery, pushing bitcoin toward higher resistance zones.

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Should a confirmed breakout from the downtrend occur, bitcoin may quickly target the 84,000$ resistance, a key psychological and technical level.

BTC/USD pair daily chart.

Right now, bitcoin is at a decision point. Either the price holds and reverses upward, or we witness a deeper correction.

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