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Dogecoin is facing a confusing technical setup as technical analysis warns of a major higher-timeframe move that could first send DOGE into a deeper accumulation zone. The chart appears bearish at first glance, but the inverted price scale changes the reading, turning the projected drop into a longer-term bullish setup that points to $1, $2, and eventually $5. Dogecoin Is Approaching Its Smart Money Zone Technical analysis done by a crypto analyst known as Crypto Patel is built around the idea that Dogecoin may still need to push lower before its larger upside cycle begins. Crypto Patel’s 3-week DOGE/USD chart on TradingView covers over a decade, from 2014 to a projected 2028, and it shows repetitive price action. The key detail, however, is that the chart is inverted for emphasis, meaning the bearish-looking projection actually points to a bullish long-term move. Related Reading: Dogecoin Has Entered The Zone That Led To The 2021 26,000% Surge And The Target Is Above $2 The chart show
Read full articleBitcoin's surge may boost institutional interest and market optimism, influencing long-term price predictions and geopolitical market dynamics. The post Bitcoin surges above $82,000 amid US-Iran de-escalation signals appeared first on Crypto Briefing.
The post Will Pi Network price drop back to $0.15 as it forms bearish divergence? appeared on BitcoinEthereumNews.com. Pi Network price remained under pressure on Monday as weakening momentum indicators and growing concerns surrounding upcoming token unlocks raised the risk of another decline toward the $0.15 support zone. Summary Pi Network price traded near $0.173 after failing to sustain its recovery from March highs around $0.30 amid weakening market momentum. Upcoming Pi token unlocks and increasing circulating supply have raised concerns about additional selling pressure in the near term. Technical indicators, including a bearish MACD divergence and Supertrend sell signal, suggest PI could retest support near $0.15 if current weakness persists. According to data from crypto.news, Pi Network (PI) traded around $0.173 at press time on May 11, struggling to sustain the recovery attempt seen late last month. The token has now fallen sharply from its March peak near $0.30 and continue
Pi Network price remained under pressure on Monday as weakening momentum indicators and growing concerns surrounding upcoming token unlocks raised the risk of another decline toward the $0.15 support zone. According to data from crypto.news, Pi Network (PI) traded around…
With the price of Bitcoin back above the pivotal $80,000 mark following a slight rebound on Sunday, several indicators are beginning to demonstrate strength once again. One of the most recent indicator that has turned bullish as market conditions slowly improves is the Bitcoin Realized Cap. A Change In Bitcoin Market Dynamics Bitcoin’s renewed bullish […]
As a result of global events, Bitcoin saw traditional end-of-week volatility, with a price that momentarily surpassed $82,000. Unfortunately, the increase was short-lived, according to CMC data, as BTC/USD swiftly dropped back around the $80,000 level. As a consequence, liquidity grabs occurred, which balanced out the long and short positions in
The post Best Crypto Picks for a $300 Budget: Why Little Pepe (LILPEPE) Is Standing Out Against SHIB and DOGE appeared on BitcoinEthereumNews.com. For people who are just venturing into the cryptocurrency world with $300 available, only two names stand out: Shiba Inu and Dogecoin. While both these currencies have managed to get themselves entrenched within a certain community, with an ever-growing number of contenders in the market, their presence is being slowly overshadowed by other coins. One of those coins is Little Pepe (LILPEPE), which combines both its meme coin nature and the community aspect into its system. Meme Coins Chose a Different Path SHIB and DOGE still hold a dominant place in the meme coin landscape. SHIB, which has a total supply of 589.49 trillion tokens and a circulating supply of 589.24 trillion, is based on a highly abundant supply environment that makes it difficult for the price to move suddenly unless influenced by considerable demand. On the other hand, DOGE
BNB price climbed toward the $660 level after breaking above a multi-month descending triangle resistance, with traders increasingly positioning for a larger upside move toward the $785 region. After briefly dipping near $627 earlier this month, BNB (BNB) price rebounded…
Bitcoin faced a choice between consolidation and new local highs as $80,000 support held despite flash BTC price volatility and liquidity grabs.
