Dogecoin (DOGE) fell 5% to $0.1039, retesting its 0.5 Fibonacci support level after sellers pushed back from the 0.786 Fib resistance. Technical indicators show dynamic support near current prices, but prediction markets suggest a 66% chance DOGE will close below $0.10 by June 1. Meanwhile, Shiba Inu (SHIB) declined only 0.5%, holding near support after breaking its ascending trendline. A significant 574% surge in SHIB token burn activity helped cushion its price drop, creating a divergence from DOGE's sharper decline. Investors should watch these support levels and burn trends for potential price movements.
Digital asset investment products experienced $1.07 billion in outflows last week, driven mainly by geopolitical tensions related to Iran. Bitcoin led withdrawals with $982 million leaving its products, while Ethereum saw $249 million in outflows, it...
Cryptocurrency markets saw a general decline with Bitcoin priced at $77,381, down 1.29%. Other major coins like Ethereum, Binance Coin, and XRP also dropped between 1.8% and 2.2%. Dogecoin experienced a significant fall of nearly 6%, and Bitcoin Cash...
Bitcoin dropped below $77,000 following $290.4 million in net outflows from Bitcoin ETFs, while Ethereum ETFs saw $65.7 million in outflows. Meme coins' market cap fell 3.2% to $35.5 billion in 24 hours. Traders warn Bitcoin is near a critical suppor...
Dogecoin (DOGE) is currently trading within a long-term accumulation range between $0.07 and $0.10, a critical support zone that has historically preceded significant price rallies. Analysts comparing current price patterns to previous mini cycles no...
Dogecoin (DOGE) is trading around $0.1105 with a market cap of $18.73 billion, showing sideways movement and a slight 1.23% gain in 24 hours. Technical analysis highlights resistance at the 0.618 Fibonacci level near $0.11799, which DOGE must surpass...
