Kraken-Backed DOG Airdrop and Jupiter’s Bullish Surge: Altcoins to Watch

As the crypto market heats up this weekend, two altcoins stand out with significant developments. Jupiter (JUP) shows strong bullish momentum, while Dog (Bitcoin) (DOG) anticipates a Kraken-backed airdrop event. Here's a breakdown of what to expect from these promising assets.

3 Altcoins To Watch This Weekend | July 5 – 6

Jupiter (JUP) shows bullish potential with a 12.4% weekly gain, trading at $0.442. The Parabolic SAR indicator suggests an uptrend, and the launch of Jupiter Studio could fuel demand. A breakout above $0.471 may target $0.517.

Dog (Bitcoin) (DOG) anticipates an airdrop event on July 6, with Kraken exchange involvement. Trading at $0.0041, the meme coin could rally toward $0.0047 if the airdrop sparks market excitement.

Bitcoin Price Resumes Upward Move — Can It Break New Highs?

Bitcoin has reignited its bullish momentum, climbing above the $108,500 resistance level with eyes set on $110,000. The cryptocurrency now trades comfortably above its 100-hour Simple Moving Average, signaling strong institutional interest. A decisive break past $109,750 could pave the way for fresh all-time highs.

Technical indicators reveal a clear breakout from a bearish trend line at $109,350 on the BTC/USD hourly chart. Market depth from Kraken shows buying pressure accelerating NEAR the 76.4% Fibonacci retracement level of the recent pullback. Traders are watching the $108,350 support level closely—any sustained position above this threshold suggests continued upward trajectory.