Crypto Market Mixed as DOGE Hits Key Level, Bitcoin Surges Past $80k

After surging last week, Dogecoin (DOGE) is approaching a crucial technical level at $0.094 on Tuesday, which could determine its next move.

Institutional demand shows some strength, as spot Exchange Traded Funds (ETFs) recorded positive flows on Monday.

However, on-chain and derivatives metrics point to caution after DOGE's massive 34% rally last week.

Bitcoin is up over 2% on Tuesday, pushing it above $80,000 and maintaining a bullish bias as the rally extends beyond both the 50-day Exponential Moving Average (EMA) at $67,394 and the 200-day EMA at $72,431.

The Relative Strength Index (RSI) near 83 signals an overbought condition that could encourage corrective pullbacks in Bitcoin's momentum.

XRP price trades at $1.526 on Tuesday after surging over 53% in the previous week and maintaining a clear bullish near-term bias, holding well above its Exponential Moving Averages.