đ” Weekly Analysis of $DOGE , $APT , $ATOM - GNCrypto Analytics
While the global trend for #DogecoinâŹâ© remains bullish, it is currently confined within a local range between the support zone of $0.136â$0.142 and the resistance zone of $0.15â$0.157.Â
The coin has the potential to extend its gains and reach the resistance zone of $0.170â$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).Â
If a deeper correction ensues, Dogecoin could fall below $0.130.
#APTđ„ has been trading within a wide sideways range for nearly two months, with support at $7.30â$8.30 and resistance at $10â$10.75. A critical area for buyers will be the local cluster between $8.75â$9.10, formed after a recent drop last Friday.Â
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.Â
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 $7.54â$8.00 and the resistance area of $8.70â$9.00. Buyers also need to break through a resistance at $8.33.Â
Itâs 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.Â
However, if the market sentiment turns bullish, buyers might manage to drive ATOM's price into the resistance zone of $9.70â$10.36.Â