Between August and October of this year, Ethereum attempted to break through its all-time high of $4.8K four times – each time failing to do so and facing extreme selling pressure from that level.

Plus, on every occasion, the rejection led to a noticeable drop in price. For instance, in September, $ETH fell around 20% from its highs.

However, even though $ETH’s latest decline was the steepest – about 26% – it might actually have been necessary to prepare Ethereum for its next big step up.

Why? Because during the previous three attempts, even though Ethereum fell back, it never really caught a strong support level, meaning each subsequent rally was built on a weak footing.

This time, $ETH seems to have found not one but two extremely strong support levels that could propel it to new all-time highs.

First, an upward-sloping trend line that has been in place since April of this year. The last time Ethereum touched this line was in June, when it skyrocketed over 130% in less than two months.

Second, the 200-day Exponential Moving Average (EMA). This is not just a textbook support level, but one that has proven its strength repeatedly on Ethereum’s charts.

For example, the 200 EMA held Ethereum firmly through May and June, before fueling a strong one-sided rally.

Now, both these support levels have converged, forming a powerful confluence zone. $ETH came in contact with this zone on October 10, and although it’s been more than 10 days since, there’s nothing to worry about.

Back in May-June, Ethereum spent well over two months hovering around the 200-day EMA before taking off.

Here’s the kicker: An Ethereum rally isn’t just about the world’s second-biggest cryptocurrency gaining more dominance and signaling crypto’s overall growth. It’s also the biggest catalyst for a full-blown altcoin boom, which is exactly what degen (smart) investors are after.

If you’re one and want to maximize your returns during this altcoin boom – without going full tilt on a degen shitcoin – how about Maxi Doge ($MAXI)?

It combines Dogecoin’s OG aura with a never-before-seen drive for meme coin success.

Why Maxi Doge Can Set You Up for Crypto Success

At first glance, Maxi Doge might look like yet another dog-themed crypto aiming to woo investors with its cute paws and fun-loving vibe. But look under the hood, and you’ll instantly know that Maxi means business.

However, behind his battle-hardened personality lies a surprisingly emotional backstory. In case you didn’t know, Maxi and Dogecoin are distant cousins.

Growing up, DOGE stole all the attention, leaving Maxi in the shadows.

So, everything he is today – from his bulked-up muscles to his sky-high ambition to overthrow DOGE as the top meme coin – is built on the foundation of that very pain.

Now, in the wild world of crypto, a story as ridiculous and over-the-top as Maxi’s is exactly what can spark off the next 1000x coin.

How Maxi Plans to Become a Top-Trending Crypto

Of course, $MAXI‘s mission to outdo cousin Dogecoin is absurd, but therein lies the appeal, and why Maxi Doge may be on course to go viral.

But Maxi Doge’s developers are taking no chances and have reserved a whopping 40% of its total token supply for marketing efforts.

This includes paid collaborations, influencer partnerships, and large-scale social media campaigns – all working together to position Maxi Doge firmly in the hearts and minds of meme coin investors around the world.

Now, while $MAXI, like any good meme coin, proudly admits to having no intrinsic value, utility, or world-changing mission, it does offer some exciting community-focused benefits.

These include weekly trading competitions, complete with leaderboard rewards, and other engaging community events.

This will make it a full-fledged trading token, attracting risk-loving traders who thrive on leverage and chase whale-like returns.

Maxi Doge ($MAXI) is currently in presale and available at some of its lowest-ever prices.

The best part is, if you buy $MAXI now, you can stake your tokens for an impressive 80% APY. Best to move fast, though, as the later you invest, the smaller this staking reward becomes.

Join the next Dogecoin rally – grab your $MAXI tokens today.

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Filed under: Bitcoin - @ October 21, 2025 8:27 am