Altcoins update: Dogecoin and Injective signal recoveries as Ethereum eyes $4,000

  • DOGE tests key support as technical setups suggest imminent breakouts.
  • A closing above $15 might propel INJ prices to $30.
  • ETH targets $4,000 psychological mark amid increasing institutional interest.

Cryptocurrencies flashed bearish tendencies in the past 24 hours.

With most tokens approaching critical price levels, analysts have shifted attention to digital assets ready for significant rallies amid reversals.

This article checks how Ethereum is setting the tone for an altcoin season as Dogecoin and Injective display key short-term price actions.

Dogecoin resilience after double-bottom breakout

The original meme token remained on investor radar after landing key utility on Gemini’s derivatives market.

The bullish news emerges as DOGE tested the vital resistance around $0.2300 after plunging from last week’s high of $0.27.

While losing this foothold could mean massive declines for the token, analyst Jireon observed an optimistic development on the price charts.

The highlighted chart shows Dogecoin had breached a long-standing trendline that limited its upside action.

A double test of the foothold before a significant bounce validated the double-bottom formation, which often precedes bullish reversals.

Notably, the pattern’s neckline at $0.231 had restricted DOGE’s movements during the consolidation period.

Nevertheless, the coin successfully broke above $0.231 on 25 July, with a massive trading volume of over $4 billion confirming the breakout.

Now, Dogecoin retests the support barrier after the latest pullback.

A rebound from this foothold could trigger considerable rallies towards the obstacle at $0.310.

That would mean a 35% increase from DOGE’s current price.

It might extend past $0.33 towards mid-January highs of $0.41.

However, a closing below $0.2300 will invalidate the optimistic outlook and catalyze notable dips.

Injective at a key juncture

INJ breached the resistance at $15 yesterday amid reinvigorated optimism, fueled by ETF filings, tokenization, and EVM integration.

Cboe has filed for the first-ever Injective staking ETF in the United States, indicating renewed institutional appetite.

While it retraced to trade at $14.87, analyst Ali Martinez highlighted $15 as a crucial breakout point.

The price chart shows INJ breaching a climbing triangle from $15.

The next crucial price levels are $18.95, $21.25, and $25, according to FIB extension levels.

Meanwhile, the altcoin requires significant trading volumes to confirm the breakout and push higher.

Failure to hold $15 would delay the projected reversal and lead to consolidations or price dips.

Ethereum sets sights on $4K after latest rebound

ETH has been the hottest digital token in the past few sessions as trends signal a materializing altcoin season.

Institutions are now dumping Bitcoin for ETH as demand for Ether-based exchange-traded funds soars.

The second-largest crypto hovers at $3,810 after touching YTD peaks above $3,940 on Monday.

Meanwhile, Ethereum retested and secured support at $3,500 last week on Thursday before closing above $3,730 on July 27 and extending to yesterday’s yearly high.

Further push would see Ethereum extend toward the $4,000 psychological zone.

Analysts trust that a candlestick closing beyond this resistance could welcome a full-blown altseason.

@ColinTCrypto expects Ethereum to explore $15,000 – $20,000 this bull cycle.

However, enthusiasts should beware of imminent volatility as the markets anticipate multiple announcements.

Tuesday’s US employment statistics, Fed rate decision, and a possible Crypto Report from the White House on Wednesday would likely shake the cryptocurrency space.

Moreover, Trump’s tariff deadline is on Friday.

These macroeconomic developments could trigger significant fluctuations in the digital assets market in the near term.

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$1M in 24 hours: why BPENGU is the new meme coin grabbing eyeballs

  • BPENGU is more than just another meme token.
  • Bitcoin Penguins (BPENGU) raised a jaw-dropping $187,000 within the first 90 seconds of its presale going live.
  • Community chatter is already comparing BPENGU’s potential to early-stage meme legends.

While Bitcoin continues to trade near its all-time high, one penguin-powered project is cutting through the noise and marching past expectations.

Bitcoin Penguins (BPENGU) raised a jaw-dropping $187,000 within the first 90 seconds of its presale going live.

Just 24 hours later, that number surged past $1 million, and momentum isn’t slowing.

With the presale still in motion, some are already predicting that the $10 million hard cap could be reached well before the scheduled August 27 close.

For investors tracking the next breakout in meme coins, BPENGU is fast becoming the meme coin to watch.

ETF inflows point to confidence

Despite the current lack of major price movement in Bitcoin, investor sentiment appears strong.

US-listed spot Bitcoin ETFs brought in $157 million in inflows on Monday alone, marking a three-day streak of accumulation.

That’s a clear sign that confidence in Bitcoin — and by extension, Bitcoin-native projects — is building.

Add in the looming volatility expected from the upcoming US tariff deadline and Fed rate decision, and crypto markets may be gearing up for a major move.

BPENGU, with its high-velocity start, looks well-positioned to ride that wave.

Structure meets story

BPENGU is more than just another meme token.

 It’s being marketed as a next-generation answer to Pudgy Penguins, but with one key twist: it’s built on the Bitcoin network, not Ethereum.

That infrastructure gives it added weight — and so does its highly structured 15-stage presale, where the price increases by 5% at each stage.

Early buyers are eligible for up to 75% in notional gains before the token even lists.

No open-ended promises here. The project’s presale ends August 27 (or when the $10 million cap is reached), and it has a confirmed claim and listing date of September 2 — a level of transparency and commitment that most meme coins simply don’t offer.

A 1000x opportunity?

Community chatter is already comparing BPENGU’s potential to early-stage meme legends.

With clear branding, a viral-friendly mascot, and Bitcoin-native credibility, some believe this could be a 1000x moonshot, echoing the likes of PEPE and PENGU in their breakout phases.

As the presale races ahead, Bitcoin Penguins has captured the imagination of investors chasing the next meme-powered rocket.

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Omni Network price jumps 90% as Upbit lists OMNI token

  • Omni Network (OMNI) price recorded a near triple-digit gain to break from intraday lows of $2.5 to highs of $7.13.
  • The token traded around $5.37 at the time of writing, 90% up in the past 24 hours.
  • Gains came amid OMNI listing on South Korea’s largest crypto exchange Upbit.

Omni Network (OMNI) trended as the top gaining token among the 500 largest coins by market cap on Tuesday, recording a double-digit gain to break from intraday lows of $2.5 to highs of $7.13.

While the price has retreated from the intraday peak to currently sit around $5.37, it still sports an impressive 90% gain in the past 24 hours.

The daily volume was up 455% to over $584 million, with the dramatic price gain aligning with a speculative rally largely attributed to the token’s latest milestone.

Why is OMNI price exploding?

OMNI hovered flat and under $3.2 since dropping from highs of $5.50 on July 11, 2025. Before then, Omni Network price had struggled with bearish pressure below $1.7.

So why did OMNI explode today?

Many small cap tokens have seen a notable flip amid overall gains for mega cap tokens such as Ethereum, XRP and Solana.

However, some small caps are seeing huge moves, and for Omni, the primary catalyst appears to be the official listing of OMNI on Upbit, the largest crypto exchange in South Korea.

As detailed in an announcement on X, Upbit, known for its substantial user base and high trading volumes, has added support for OMNI.

The exchange’s listing news has often triggered meteoric rises in both price and activity for newly listed assets, and it looks to be no different for Omni Network.

Upbit is listing the OMNI/KRW trading pair with the market commencing at 18:30 local time on July 29, 2025.

OMNI’s price experienced a volatile swing following the news, with the token reaching a high of approximately $7.13.

The near triple-digit gain saw OMNI extend gains over the past month to over 250%. Bulls were also up 285% since the all-time lows of $1.37 reached on July 6, 2025.

The overall upward trajectory could see buyers target more gains.

Omni Network price prediction

Looking at the Omni Network price charts, technical indicators are largely bullish.

However, the Relative Strength Index (RSI) currently hovers around 80 and is in the overbought territory.

This signals potential correction in the near term amid profit taking. Bulls may nonetheless attempt to put bears off around key support at $3.45.

OMNI price chart by TradingView

This outlook will be helped by the Moving Average Convergence Divergence (MACD), which continues to signal bullish momentum with the MACD line above the signal line.

If bulls hold above $4.50, which serves as a critical support level, they could target a breakout to $10.5 and probably December 2024 highs of $15. Downside pressure could see OMNI’s price slip to $3.45 and $2.

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Can VINE cryptocurrency sustain the Elon Musk initiated bull run? Here’s a closer look

  • The price of VINE cryptocurrency spiked after Elon Musk teased a Vine AI relaunch.
  • The momentum, however, faded as the price failed to hold above key resistance.
  • Without utility, VINE relies on hype to sustain its rally.

In yet another example of Elon Musk’s uncanny ability to move markets with a single tweet, Vine Coin (VINE), a meme token on the Solana blockchain, saw its price more than double within hours on July 24, 2025.

The trigger was a brief but powerful message from Musk: “We’re bringing back Vine, but in AI form.”

That simple announcement catapulted VINE back into the spotlight and sent traders scrambling.

But as the hype begins to cool, serious questions are emerging. Can VINE maintain its bullish momentum, or was this just another fleeting rally powered by social media hype?

Musk’s Tweet lit the fuse, speculation fueled the flame

Notably, Musk’s post didn’t mention any cryptocurrency, yet it instantly sent VINE soaring.

The connection was speculative at best, but in the meme coin world, that’s often all it takes.

Within hours, the token’s market cap doubled, and trading volume surged past $240 million.

Social media exploded with mentions of #VineCoin, while Telegram groups and crypto X (formerly Twitter) fed the narrative that VINE could somehow be tied to a revived version of the Vine app.

However, it’s important to note that VINE has no official affiliation with Musk or X. The token was created in January 2025 by Rus Yusupov, one of Vine’s original co-founders.

Unlike other blockchain projects, VINE comes with no roadmap, no promise of future integration, and no token utility.

What it does have is nostalgia, narrative potential, and a fast-moving, speculation-driven community.

Vine price correction signals caution

At the peak of the Musk-driven frenzy, VINE hit $0.1765 before quickly retracing to around $0.1351 and later slightly recovering to $0.1402 by the time of writing.

Vine cryptocurrency price chart

While the rally was impressive, the failure to hold above the key resistance above $0.1765 signalled a lack of sustained buying pressure.

Technical indicators soon confirmed the shift.

The Chaikin Money Flow (CMF) dropped below zero, indicating fading inflows, while the Awesome Oscillator (AO) began flashing red, pointing to weakening bullish momentum.

Elevated trading volume during the pullback added another layer of concern. When volume remains high while prices fall, it often signals increasing selling pressure rather than a healthy consolidation.

Although some traders are still hopeful for a bounce, if support at $0.14 fails, the next downside targets could be $0.070 and even $0.051.

On the other hand, if bulls regain control, VINE could push toward its all-time high of $0.02358, registered in March this year.

However, without concrete steps toward utility or ecosystem development, meme coins like VINE often struggle to maintain gains.

While the excitement around a possible Vine AI relaunch gave traders a reason to speculate, it’s unclear whether that will translate into long-term value for the token itself.

What separates fleeting fads from sustained growth is the ability to convert attention into utility.

At this stage, VINE lacks the fundamentals to do that, and unless that changes, it remains at the mercy of online sentiment and celebrity influence.

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Zircuit price rises sharply as Binance adds ZRC perps

  • Zircuit price jumped 11% as Binance Futures announced support for ZRC perpetual contracts. 
  • The ZRC token traded to highs of $0.038 as daily volume picked up.
  • Zircuit is also listed on Binance Alpha and recently launched a key product likely to catalyze more gains.

Zircuit (ZRC) saw its price rise sharply on Tuesday morning as Binance Futures announced support for ZRC perpetual contracts.

The token traded at $0.038, up 11% in the past 24 hours as the price bounced off lows of $0.034.

Binance’s latest announcement, coupled with Zircuit’s inclusion on Binance Alpha, could catalyze more gains for the native token of this AI-powered blockchain platform.

Zircuit price rises sharply as Binance adds futures trading

Binance has added trading support for Zircuit (ZRC) perpetual futures on its platform, according to an announcement on July 29, 2025.

While listing on Binance Futures does not guarantee spot listing, the move is crucial for Zircuit as it allows traders increased exposure to ZRC through leveraged trading.

Binance will offer support for up to 50x leverage for ZRC perps on its platform.

The listing on Binance Futures, a leading platform for cryptocurrency derivatives, amplifies ZRC’s visibility and accessibility.

In terms of market traction, this is poised to attract more investor participation, both retail and institutional.

According to Binance’s official announcement, the listing enhances ZRC’s liquidity and provides traders with advanced tools to capitalize on market movements, further fueling its upward trajectory.

In addition to the Futures listing, Zircuit is also on Binance Alpha, a platform designed to showcase high-potential projects.

Reaction to the announcement saw ZRC’s price, which hovered around $0.034 after paring gains from highs of $0.042, quickly recoup some of the losses.

The token rose to $0.038 and looked poised to reclaim the $0.040 mark as daily volume rose.

ZRC price forecast

On the technical front, indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) support upside continuation.

The latter shows a bullish crossover while RSI is at 57. However, the histogram is weakening and the RSI is slightly downsloping.

Despite this outlook, ZRC’s price has gained amid key bullish catalysts, including the launch of Zircuit AI Vault.

The product offers users the chance to deposit tokens and earn passive, secure yield on stablecoins and top coins such as Ethereum (ETH) and Bitcoin (BTC).

Its AI trading engine provides for real‑time signal detection and cross‑chain execution on Ethereum Virtual Machine-compatible chains and Solana.

Amid these developments, ZRC price could ride the overall market sentiment to eye 2025 highs of $0.05 and then $0.13 peak seen in November 2024.

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