A brief technical and on-chain analysis on Dogecoin price. Here, FXStreet's analysts evaluate how DOGE would behave as it approaches stiff resistance.
Author
FXStreet Team
FXStreet
Pump.fun (PUMP) edges higher by almost 5% at press time on Friday, recovering from a 3% decline the previous day. The release of the new callout feature on the Solana-based launchpad platform for creators could boost trading activity.
Internet Computer (ICP) trades above $4.30 on Friday, up more than 40% so far this week. The bullish price action is further supported by strengthening on-chain and derivatives data. On the technical side, it suggests rally continuation with bulls targeting levels above $5.
Bitcoin holds above $95,400 on Friday after rallying 5% so far this week. Ethereum and Ripple followed BTC’s footsteps, hovering around key levels after their upside moves.
Privacy coins, including Decred and Dash, sustain the ongoing rally over the last four days while Chiliz (CHZ) takes a breather after extending gains above $0.05500. The technical outlook for privacy coins focuses on immediate resistance while Chiliz faces headwinds near $0.06000.
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Bitcoin (BTC) is trading lower toward $90,000 on Friday after encountering rejection at a key resistance zone. The price pullback in BTC is supported by fading institutional demand, as spot Exchange Traded Funds (ETFs) have recorded net outflows so far this week.