Dogecoin (DOGE) dropped 18% from June 1 to June 6, hitting its lowest since February 2024 at around $0.07. This decline occurred despite expectations that SpaceX's upcoming IPO on June 12 might boost DOGE, due to Elon Musk's past association of Dogecoin with SpaceX missions. The broader crypto market weakness, triggered by Bitcoin falling below $60,000, caused widespread selling pressure. Trader confidence in DOGE is low, with futures open interest and ETF inflows declining, while technical indicators suggest continued bearish momentum. Investors will watch if oversold conditions prompt a rebound or if DOGE falls further after the IPO.
FARTCOIN's price dropped over 16% in 24 hours, extending a 34% weekly and 58% monthly decline amid a broader memecoin market downturn. Despite increased trading volume, the surge reflects heavy selling pressure rather than buying interest. Open Inter...
Dogecoin's price fell to around $0.081 after breaking below a multi-year head-and-shoulders pattern, signaling renewed bearish pressure. The drop followed a broader crypto market selloff triggered by Bitcoin slipping below $60,000, causing heavy liqu...
Dogecoin (DOGE) is testing a major long-term resistance zone near $0.086, a level that has historically triggered price declines. The monthly chart shows DOGE at the upper boundary of a descending channel, suggesting potential bearish pressure if it ...
Dogecoin and Shiba Inu each dropped about 8%, breaking important support levels on heavy volume, signaling strong selling pressure. Dogecoin fell to $0.0830, hitting a key support at $0.080, while Shiba Inu broke below $0.000004780 with no clear supp...
Major cryptocurrencies experienced significant price declines, with Bitcoin falling 4.25% to $60,761 and Ethereum dropping 9.86% to $1,592. Other notable losses include Binance Coin down 4.74% and Cardano plunging nearly 15%. This broad sell-off refl...
