Kraken Observes Ethereum’s Bullish Surge Past $3K as Market Momentum Builds

Ethereum has demonstrated a strong bullish trend, breaking through the $2,800 resistance level and consolidating above $2,840. The cryptocurrency is now eyeing a sustained breakout beyond the psychological $3,000 mark. A key trendline on hourly charts supports ETH at $2,885, reinforcing the upward momentum. Earlier, Ethereum tested the $3,000 level before stabilizing near the 23.6% Fibonacci retracement level of its recent rally from $2,515. Immediate resistance is now in focus as traders and investors watch for further gains. This movement signals growing confidence in Ethereum's market position, with Kraken and other exchanges likely seeing increased activity as the bullish trend continues.

Ethereum Price Spikes To $3K — Breakout Confirms Bullish Trend

Ethereum surged past the $2,800 resistance level, marking a decisive bullish turn. The cryptocurrency now consolidates above $2,840, with eyes set on a sustained breakout beyond $3,000.

A key trendline supports ETH at $2,885 on hourly charts, reinforcing upward momentum. The asset tested $3,000 before stabilizing NEAR the 23.6% Fibonacci retracement level of its recent rally from $2,515.

Immediate resistance looms at $2,980, followed by critical thresholds at $3,040 and $3,120. Market sentiment suggests institutional accumulation as derivatives volumes spike alongside spot buying.

Bitcoin Hits New All-Time High Above $116,000 As Bulls Drive Fresh Rally

Bitcoin surged to a record $116,800, breaching key resistance levels with bullish momentum intact. The cryptocurrency now eyes higher targets at $118,000 and $120,000 as technical indicators flash green.

The breakout accelerated after clearing $110,500, with Kraken exchange data showing a decisive push past $115,000. Market technicians highlight the 23.6% Fibonacci level at $110,600 as new support, while the 100-hour moving average confirms upward trajectory.

XRP Price Builds Momentum — $2.50 Break Sparks Fresh Bullish Wave

XRP has surged past the $2.50 resistance level, signaling renewed bullish momentum. The cryptocurrency now trades above both this key threshold and its 100-hour moving average, with technical analysis revealing a supportive trendline at the $2.50 mark.

The rally follows Bitcoin and Ethereum's upward trajectory, with XRP posting over 5% gains. Market observers note the formation of a higher low at $2.25 before the current push toward $2.5870. Should the asset maintain its position above $2.50, analysts anticipate potential tests of resistance levels at $2.62 and $2.65.

Dogecoin (DOGE) Rockets to $0.20 — Can It Go Even Higher?

Dogecoin surged past the $0.180 resistance level against the US Dollar, marking a fresh bullish phase. The meme cryptocurrency now consolidates above $0.188, with technical indicators suggesting potential for further gains.

A bullish trend line forms at $0.1910 on the DOGE/USD hourly chart, with Kraken data showing strong support. The price tested $0.1992 before retracing slightly, holding above the 23.6% Fibonacci level of its recent rally from $0.1660.

Key resistance levels loom at $0.1980 and $0.20. A decisive break above $0.2050 could trigger another leg up, mirroring bitcoin and Ethereum's recent strength. Market participants watch whether DOGE can transform meme momentum into sustained price discovery.