This week, two altcoins are sending mixed signals to the market. Shiba Inu (SHIB) is stuck around $0.00001234, unable to break free from strong resistance and liquidity hurdles.
Meanwhile, Ethereum (ETH) is looking more promising, with analysts predicting a possible rally to $1,800 if it can clear the $1,650 level.
But while others are waiting for their big moves, Dragoin ($DDGN) is already making things happen. Its Telegram-based beta game is live and running, and with an incredible 6,700% ROI on its presale, Dragoin is proving it’s more than just talk. With a transparent framework and a privacy-first ecosystem, this project is ahead of the curve.
SHIB in a Tight Spot: Can It Break Through Resistance?
Shiba Inu (SHIB) is currently stuck near $0.00001234, caught in what analysts are calling a liquidity trap. The token has been trapped in a tight range for several sessions, with price attempts consistently getting rejected at the upper Bollinger Band. On-chain data shows a slowdown in active participation and a drop in burn volume, signaling that momentum is lacking.
Technically, SHIB has built a support base, but upward pressure is weak. Without a strong volume push or a shift in the broader market, the token may continue to move sideways. Analysts believe a breakout above $0.00001290 could spark some short-term upside, but that confirmation is still pending.
The lack of major catalysts or external momentum is adding to the uncertainty. Investors are watching SHIB closely for any signs of broader meme coin market sentiment. Until then, investor sentiment remains cautious. The token’s long-term prospects will largely depend on the expansion of its ecosystem and renewed interest in the meme coin space.
Ethereum Eyes $1,800: Is a Breakout Coming?
Ethereum (ETH) is currently testing the crucial $1,650 resistance level, but momentum is building. A breakout above this range could ignite a surge toward $1,800, a key target for traders anticipating a sharp reversal. Technical indicators are lining up to support this move—RSI has moved into neutral-bullish territory, signalling room for growth, while the MACD is narrowing, hinting at a potential bullish flip with continued buying pressure. On top of that, ETH has reclaimed its 50-day moving average, adding further strength to the trend.
Ethereum’s fundamentals remain robust, with strong developer activity and rising institutional interest in staking, keeping market confidence high. However, resistance between $1,650 and $1,680 is a tough barrier to crack. For a sustainable breakout, ETH needs higher volume and solid follow-through. Still, with healthy on-chain data and stable staking metrics, Ethereum continues to attract both short-term traders and long-term holders, setting the stage for a possible breakout soon.
Dragoin: Real Utility, Strong Tokenomics, and Privacy First
While SHIB is caught in tight trading conditions and ETH waits for a breakout, Dragoin is already executing. Its Telegram-based beta game is live, offering the community hands-on access to its ecosystem ahead of the official launch. This working product alone sets Dragoin apart from most presale tokens, making it stand out as more than just a speculative asset.
Dragoin’s infrastructure is built with longevity in mind. Smart contracts are fully audited, and the tokenomics are clear; 40% allocated to the presale, 30% for DAO and community incentives, and 30% for development and strategic partners. These tokenomics emphasise long-term growth with vesting periods and controlled unlocks, ensuring that early dumps and market manipulation are avoided.
Beyond transparency, Dragoin is privacy-first. There’s no IP tracking, no behavioural profiling, and no third-party analytics. Its design is focused on privacy, offering a secure, trust-based interaction environment. Dragoin is now in its second stage with prices at $0.00003 and its listing price at $0.002. With a confirmed presale ROI of 6,700%, Dragoin’s fundamentals show it’s built for real market impact and long-term value.
Final Thoughts
SHIB is caught in a liquidity trap, and ETH is cautiously testing resistance levels; both have potential, but neither has made a definitive move yet. Investors are waiting for clear signals, but confidence remains cautious.
Dragoin, however, is taking charge. Its Telegram-based beta game is already live, and with fully audited smart contracts and developer tools on the way, Dragoin is building, not waiting for hype. With a privacy-first approach and transparent tokenomics, it’s quickly establishing credibility. Plus, with a 6,700% ROI window, Dragoin is one of the most exciting crypto buys right now; it’s a project with serious growth potential.
Learn More About Dragoin:
Presale: https://purchase.dragoin.io/
Website: https://dragoin.io/
Telegram: https://t.me/DragoinOfficial
Twitter: https://x.com/DragoinOfficial
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Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/dragoin-leads-the-charge-with-6700-roi-potential-traders-earn-ddgn-with-tap-to-earn-game-while-shib-eth-fight-for-momentum/