The broader crypto market is facing renewed pressure. Some top coins have dropped to former support levels. Meanwhile, Dogecoin and Ethereum remain modestly higher on the week despite the pullback. Separately, Digitap ($TAP) has reported token-sale and product updates.
According to information shared by the project, the token-sale price has increased since earlier stages. Any projections about future price performance are speculative and may not materialize.
Dogecoin Stays Positive on the Week Despite Correction
The Dogecoin price is revisiting the $0.140 level following the inability of bulls to sustain an uptrend. The DOGE price has been trading between $0.135 and $0.155 over the last one week.
To break the existing consolidation, market demand would need to increase. Nevertheless, CoinMarketCap data shows the price of Dogecoin is up by 2.94% on the weekly chart.
Meanwhile, Aman noted that the price of DOGE is trading below a trendline. The analyst suggested that the Dogecoin price could reach $0.18 if a breakout occurs, although such outcomes are uncertain.
Another commentator, Eric Crypto B, noted that Dogecoin is forming a falling wedge pattern. He said the value of Dogecoin could move to $0.20 if a breakout takes place, but this is a market opinion rather than a guarantee.
Analysts Discuss Potential Ethereum (ETH) Price Scenarios
The Ethereum price has been trading below $3,400 for almost a month. CoinMarketCap data shows the price of Ethereum has consolidated around $2,796–$3,222 region in the past week.
Bulls have failed in their attempts to break past the upper level. In the case of a downturn, the ETH price has been discussed by some traders as having support around $3,000. Ted observes that the value of Ethereum may need to surpass $3,300–$3,400 before further upside becomes more likely, though market conditions can change quickly.
In the meantime, KALEO is optimistic that a breakout could come soon and speculated that Ethereum may increase to $4,800. However, Jip Molenaar suggested an alternative scenario in which the price of Ethereum may move down toward $3,000.
Meanwhile, ETH indicators appear mixed. The RSI value of 51 suggests neither side is clearly in control, although RSI signals are not definitive.
Digitap Shares Product and Token-Sale Updates
Digitap is a newer project that says it is building a cross-border payment platform that combines crypto and traditional finance features, including support for multiple cryptocurrencies and fiat currencies.
The team says its goal is to reduce transfer times and fees compared with some traditional payment rails. It also states that its mobile application is available on Google Play Store and the App Store.
According to the project, the app includes transaction monitoring features and two-factor authentication options. The team also references a Visa card integration as part of its planned or supported functionality.
Digitap has also published token-sale figures, including a reported $2.3 million raised and more than 140 million tokens sold. The project states the $TAP token price has increased from $0.0125 to $0.0361 over the course of the token sale. The project also describes a staking program and other marketing incentives; terms and rates may change and carry risk.
Reference links
Website: https://digitap.app/
Social: https://linktr.ee/DigiTap.app
This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
