The bull market is not over yet, so don’t rush to jump off a building!
Powell's negative attitude poses a challenge to Trump's policy advancement, but it may not be a decisive factor. Bitcoin can be implemented as a strategic reserve plan through congressional legislation. Believe in the power of trends; trends are irreversible.
The uptrend is still ongoing because as long as there are no major issues in Q1 next year, the new president will take office, the new SEC chairman will be in place, and the hype will continue; the trend is sure to persist.
How to pick up bloody chips at 100x?
WIF
The WIF EMA line currently presents a bearish pattern, with the short-term EMA below the long-term EMA. This setup indicates that downward pressure remains, and WIF may test the support level of $2.19. If this level is not maintained, the WIF price could decline further, potentially reaching $1.85 as the next significant support level.
On the other hand, if the WIF price can reverse the downward trend and regain positive momentum, it may challenge the resistance level of $2.91. Successfully breaking through this level could pave the way for further increases, targeting a price of $3.47, and if the upward trend strengthens, it could even reach $4.
DOGE
Dogecoin has recently shown mixed returns. However, over the long term, DOGE has increased by 228.17% over the past six months, which is impressive and indicates significant growth despite short-term fluctuations.
The current trading price of DOGE is between $0.3588 and $0.4603. The 10-day and 100-day simple moving averages are close to around $0.403. The relative strength index is at 47.39, indicating that the market is neutral. The stochastic oscillator is below 30, suggesting that the token may be oversold. The MACD level is slightly above zero, indicating a possible upward trend.
According to these indicators, DOGE may rise. If the price increases, the resistance level is $0.5145. A breakout of this level could lead to the next resistance level of $0.6160, representing a potential increase of about 35%.
ENS
ENS Labs, the creator of Ethereum Name Service (ENS), is taking significant steps to improve scalability and accessibility. By the end of 2025, they plan to launch Namechain, a Layer 2 aggregation network designed to make ENS cheaper and more widely available within the Layer 2 ecosystem. This bold initiative highlights ENS Labs' commitment to innovation in decentralized naming systems that link human-readable names with cryptocurrency addresses.
ENS has consistently attracted attention with its forward-thinking approach. Although the token has faced challenges in breaking through key resistance levels this year, recent developments suggest that it has the potential for a turnaround. If the current trend continues, the price of ENS could soon rise significantly again.
