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Crypto Gainers on May 1: Ethereum (ETH),Chainlink (LINK) and Dogecoin (DOGE)

Irene Mukiri by Irene Mukiri
2 months ago
in Price Predictions
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Crypto gainers on May 1: Ethereum (ETH),Chainlink (LINK) and Dogecoin (DOGE)
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  • Ethereum shows strong intraday momentum with bullish price action above $1,850. 
  • Chainlink targets $47–$88 as technicals hint at a macro reversal. 
  • Dogecoin breaks descending trendline, forming a bull flag setup for potential continuation.

Crypto markets are heating up as major altcoins flash strong bullish signals, fueling investor optimism across the board. Fundamental improvements with technical ascent in both Ethereum, Chainlink and Dogecoin create indications for an upcoming major market move. From Ethereum’s surging intraday strength to Chainlink’s breakout potential and Dogecoin’s textbook bull flag setup, analysts and traders alike are watching closely. 

Ethereum (ETH)

Ethereum (ETH) climbed to $1,864.42, gaining 5.97% over the past 24 hours, as renewed bullish momentum lifted the world’s second-largest cryptocurrency from an intraday low of $1,758.9 Technical indicators showed Ethereum gained high market demand through its $225.24 billion market capitalization and $16.21 billion 8.94% growth in trading volume. Market liquidity remains strong because the volume-to-market cap ratio measures at 6.98%. All of Ethereum’s 120.73 million ETH total supply is currently in circulation, and the network maintains a perfect profile score of 100%, underscoring its maturity and reliability amid continued market recovery.

Source: CoinMarketCap

According to CryptoGoos, Ethereum (ETH) is demonstrating strong intraday bullish momentum, surging to $1,822.24 with a 0.97% gain within a 5-minute timeframe. A plain sequence of rising high and low points appears in the candlestick formation, which supports the upward price movement starting at $1,802.54. The currency hit $1,824.21 as its daily peak during this period while maintaining a 24-hour price movement from $1,731.63 to $1,824.21. The intense green candles show intense buying behavior while indicating that more price increases would occur if buyers maintain buying momentum above $1,820.

Source: X

Chainlink (LINK) 

Chainlink (LINK) surged to $14.93, marking a 5.52% gain over the past 24 hours, as bullish momentum lifted the token from an intraday low of approximately $14.0657.The market capitalization achieved $9.81 billion along with a 5.51% increase, which indicated increasing investor confidence. The daily trading volume continued at $301.71 million, and the ratio of volume to market cap reached 3.06%, maintaining strong market liquidity. LINK tokens occupied 657.09 million out of a maximum 1 billion supply that remains active in circulation. LINK approaches its recent high points because of the rally while facing steady crypto market volatility. 

Source: CoinMarketCap

According to JAVON MARKS, Chainlink (LINK) is setting the stage for a potential explosive breakout, with projected long-term targets of $47.15 and $88.26. Analysis of the chart indicates LINK rose after enduring an extended bear market wave from 2021, which led into its prolonged consolidation process from 2023 until early 2024. The recent upward momentum and higher lows indicate bullish strength building within the market. These technical setups suggest the possibility of a macro reversal, with LINK now trading around $15 and showing signs of gearing up for a substantial upward move toward these ambitious price targets.

Source: X

Dogecoin (DOGE) 

Dogecoin (DOGE) rallied to $0.1812, posting a 6.23% gain over the last 24 hours, as market sentiment turned bullish despite a notable 11.81% drop in daily trading volume, now at $943.67 million. The meme-inspired cryptocurrency saw its market capitalization climb to $27.01 billion, reclaiming investor attention and holding its eighth position in the crypto rankings. With a circulating and total supply of 149.08 billion DOGE, the asset’s volume-to-market cap ratio sits at a healthy 3.48%, suggesting sustained liquidity. 

Source: CoinMarketCap

According to Trader Tardigrade, Dogecoin (DOGE) has officially broken out of a long-standing descending trendline, forming a classic bullish continuation pattern known as a “bull flag.” The breakout signals a potential reversal from the extended downtrend that spanned several months into early April 2025. Dogecoin initiated a strong price rise after its breakout as it enters a flag consolidation that often functions as an interruption before another upward price surge. The technical pattern indicates rising bullish sentiment since investors hope for further price growth if crypto market action propels past the flag resistance level.

Source: X

Tags: ChainlinkcryptocurrencyDogecoinEthereum
Irene Mukiri

Irene Mukiri

Irene Mukiri, a crypto enthusiast and writer, embraces travel. As a digital nomad, she delves into the potential of blockchain technology, showcasing its capacity to unite and empower humanity in her writing.

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