Ethereum (ETH) is up 1% on Monday and is looking set for a 20% rally following buying momentum from traditional investors across ETH ETFs. However, it faces potential bearish pressure from a likely dump by an old whale and resistance around a key trendline.
Dogecoin (DOGE) is up 0.5% on Monday as it attempts to stage a comeback from last week’s market decline. In the past week, DOGE rallied 25% amid signs of recovery visible across its on-chain metrics. However, the technical side shows that key indicators could hamper DOGE’s road to recovery.
Crypto investment products turned green last week after seeing net inflows of $176 million. Meanwhile, Marathon Digital (MARA) plans to add to its Bitcoin holdings with convertible note offerings worth $250 million as the crypto market recovery looks imminent.
