💵 Weekly Analysis of $DOGE , $APT , $ATOM - GNCrypto Analytics
While the global trend for #Dogecoin remains bullish, it is currently confined within a local range between the support zone of $0.136–$0.142 and the resistance zone of $0.15–$0.157.
The coin has the potential to extend its gains and reach the resistance zone of $0.170–$0.181, which could lead to a new yearly high. This would require a positive push from Bitcoin reaching a new all-time high (ATH).
If a deeper correction ensues, Dogecoin could fall below $0.130.
#APT🔥 has been trading within a wide sideways range for nearly two months, with support at $7.30–$8.30 and resistance at $10–$10.75. A critical area for buyers will be the local cluster between $8.75–$9.10, formed after a recent drop last Friday.
APT will likely continue to trade sideways, independent of Bitcoin's movements. While a temporary dip to the $7 level is possible, this could represent the last opportunity for buyers to push the trend upward, particularly if the price can solidify above $11.
Conversely, a fall below $7 and staying under this level would negate the bullish scenario.
#Cosmos is currently caught in a trading range between the support zone of $7.54–$8.00 and the resistance area of $8.70–$9.00. Buyers also need to break through a resistance at $8.33.
It’s worth noting that ATOM is experiencing a general downward trend. Beyond the specified support zone, we do not see strong levels of buyer interest, which could result in a significant deepening of the correction.
However, if the market sentiment turns bullish, buyers might manage to drive ATOM's price into the resistance zone of $9.70–$10.36.