DOGE faces resistance, SOL fight continues as whales swarm toward new memecoin

Dogecoin eyes a rally if it closes above $0.17, Solana sees support at $170, and Rebel Satoshi Arcade gains traction among whales with its integration of memes, GameFi, nfts, and merchandise.

The crypto community is still abuzz following the approval of ethereum spot ETFs by the US SEC. However, the market is yet to react positively. Major altcoins like Dogecoin (DOGE) are facing huge resistance and Solana (SOL)'s fight with the bears continues.

Meanwhile, Satoshi's Rebel Arcade (RECQ), a new memecoin from GameFi, has emerged as a silver lining. Even though the market fell below expectations, whales have been invading pre-sales, suggesting there is confidence in its potential.

Rebel Satoshi Arcade: The best of GameFi and nft

Rebel Satoshi Arcade (RECQ) is the talk of the crypto community, becoming not only a retail favorite but also the new whale favorite. These high-volume investors have been circling this new altcoin at the intersection of memes, GameFi, and nfts, gobbling up the pre-sale.

In stage 2 of the ICO, almost 80% of the tokens were sold out, which suggests nothing but investor confidence. Its low entry point is one of its many attractions, with the token priced at $0.0044. According to top analysts, early investors could see 65x gains after launch, making it a horse worth backing.

Another layer of its appeal is its ecosystem, prepared to compete with the largest and most popular ones. It will feature an arcade with a variety of entertaining and engaging games for unruly players to have fun and earn rewards. There will also be an nft marketplace and merchandise store, with the RECQ token powering the ecosystem and ready for mass adoption.

Dogecoin: great resistance faced

Dogecoin (DOGE) is a well-known name in the crypto space, or almost so. Lead the memecoin movement as the first fun-inspired, dog-themed cryptocurrency. It debuted on the market in 2013 and has since risen to the ranks of major altcoins.

However, it hasn't been easy for the first dog-themed cryptocurrency, considering the volatile nature of cryptocurrencies. It has risen and fallen, soared and plummeted. This time, it faces major resistance between $0.17 and $0.20, and the bulls apparently do not have enough firepower to overcome these levels.

If the week closes above $0.17, there is reason to be excited: we could see DOGE trading above $0.20. However, if the support at $0.165 does not hold, the bears will be alerted like blood whales, triggering a sell-off. But it is a bull market (long-term outlook remains bullish) and Dogecoin is one of the best coins to invest in.

Solana: Fights between bulls and bears continue

Solana (SOL), a defi powerhouse, is a top ten cryptocurrency. On the list of altcoins, it is only behind ethereum (eth) and Binance Coin (BNB), highlighting its leading status. As such, institutional appetite is on the rise and it is apparently next on the list of altcoins to be wrapped in an ETF following the SEC's green light for Ether.

However, despite the broader bullish sentiments, Solana has remained unusually calm. The confrontation between bears and bulls continues, and the former have a slight advantage. A close below $160 this week could result in more red.

On the other hand, a rally above $170 will bolster investor confidence. Many will be willing to bet on Solana's growing momentum (a scenario that will likely play out) and put it on the list of the best cryptocurrencies to invest in.

Conclusion

Even though Dogecoin faces key resistance and Solana's fight with the bears continues, the bulls are betting on a price increase. Meanwhile, Satoshi's Rebel Arcadea promising memecoin from GameFi, is exploding in pre-sale, and its launch will be unforgettable.

For more information, visit the official site. Rebel Satoshi website or contact Rebel Red via Telegram.