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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.

The post Altcoins update: Dogecoin and Injective signal recoveries as Ethereum eyes $4,000 appeared first on CoinJournal.

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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.

The post $1M in 24 hours: why BPENGU is the new meme coin grabbing eyeballs appeared first on CoinJournal.

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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.

The post Omni Network price jumps 90% as Upbit lists OMNI token appeared first on CoinJournal.