Dogecoin dropped 5.84% to a monthly low of $0.099, breaking its $0.1 support level for the first time since April. This decline triggered $16.4 million in long position liquidations as traders who were bullish and leveraged exited their positions amid a market sell-off. Indicators like the Connors RSI and True Strength Index show strong bearish momentum, suggesting further downside risk with a potential drop to $0.096 if selling continues. To reverse the trend, Dogecoin needs to close above $0.106 on the daily chart, but current market sentiment remains weak and cautious.
Bitcoin fell below the key $75,000 level, sparking a sharp selloff across major cryptocurrencies including Ethereum and top altcoins. This drop triggered around $400 million in liquidations of leveraged long positions, intensifying market panic. The ...
Dogecoin dropped to $0.10, its lowest since April 30, marking a 10% weekly decline. Despite the price fall, large holders (whales) have accumulated over 525 million DOGE in four days, indicating strong buying interest and reducing immediate selling p...
Dogecoin (DOGE) is approaching a crucial resistance zone between $0.10 and $0.11 after forming a rounded base on its weekly chart. Traders are watching if DOGE can break above its descending trendline and hold this level, which could confirm a bullis...
The cryptocurrency market experienced a broad decline with Bitcoin down 2.4% and Ethereum down 3.6%, alongside losses in major altcoins. Trading volumes for both spot and derivatives fell significantly, indicating reduced risk appetite and lower leve...
Bitcoin and Ethereum are struggling to break key resistance levels, indicating a cautious market with bearish tendencies. Bitcoin remains below its 200-day moving average, showing signs of a potential bottoming rather than a strong recovery. Ethereum...
