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Cryptocurrency market shows early signs of bottoming but remains bearish overall.

Technical Signals
10 Jun 2026, 03:01 WIB
UToday
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Bearish
Cryptocurrency market shows early signs of bottoming but remains bearish overall.

Shiba Inu, XRP, Dogecoin, and Bitcoin all show signs of oversold conditions, suggesting potential short-term relief rallies. However, major moving averages remain resistance levels, indicating the overall bearish trend is intact. Bitcoin's recent sharp sell-off may have marked the worst phase, with stabilization around $62,000-$63,000, but a confirmed recovery depends on breaking key resistance. Altcoins like SHIB, XRP, and DOGE are beginning a bottoming process but need stronger buying momentum to reverse trends.

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