With its price falling below the crucial 200 EMA, Shiba Inu has had a wild ride lately. Traders were alerted by this move because it implied a possible move into bearish territory.
Traders must be cautious - The CMF showed that capital flows were slightly negative.
The selloff in stocks and cryptocurrencies could mean Donald Trump's inauguration will less likely be a sell the news event, K33 Research said.
A widely followed cryptocurrency trader is warning that several large-cap memecoins are printing bearish price patterns. The trader pseudonymously known as Altcoin Sherpa tells his 239,100 followers on the social media platform X that memecoins like Pepe (PEPE), Bonk (BONK) and dogwifhat (WIF) are printing lower highs and lower lows on their price charts.
Crypto analyst Kevin (@Kev_Capital_TA) has outlined a bullish case for the Dogecoin price while identifying a final price target of $1.30, but under specific market conditions. In his technical analysis shared on X (formerly Twitter), Kevin emphasized the importance of a critical support level and a bullish pattern currently shaping Dogecoin's price trajectory.
Cryptocurrency markets are seeing gains across the board despite ongoing ETF outflows, indicating underlying strength in the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,344.48 +4.7% Ethereum (CRYPTO: ETH) $3,201.80 +6.2% Solana (CRYPTO: SOL) $186.30 +5.2% XRP (CRYPTO: XRP) $2.65 +7.9% Dogecoin (CRYPTO: DOGE) $0.3527 +8.6% Shiba Inu (CRYPTO: SHIB) $0.00002138 +5.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 34.7% and daily active addresses up by 4.5%.
A deeper pattern is unfolding. If it repeats, DOGE could be on the verge of a breakout.
Shiba Inu (SHIB) has been consolidating above the critical support level of $0.00002093, struggling to break out and post rallies.
Meme coins have faced intense volatility in the last two weeks. Data from CoinMarketCap shows that the total meme coin market capitalization has fallen below $100 billion, with most of these coins registering double-digit percentage losses in just one week.
Dogecoin, XRP, and Bitcoin have not only rebounded from Monday's plunge but are actually flying higher on Tuesday.
Shiba Inu debuts its reward token TREAT on three major exchanges amid a dramatic 2,229% surge in SHIB burn rate, signaling potential market implications.
Peanut The Squirrel (CRYPTO: PNUT) has rebounded with a 22% single-day surge but remains down 47% on the month, with traders questioning its near-term potential. Cryptocurrency Price Market Cap 24-Hour Trend 24-Hour Trading Volume Peanut The Squirrel (CRYPTO: PNUT) $0.6217 $621.6 million +24.8% $572.8 million Shiba Inu (CRYPTO: SHIB) $0.3519 $51.8 billion +8.1% $371.9 million Dogecoin (CRYPTO: DOGE) $0.00002138 $12.6 billion +4.9% $3.2 billion Pepe (CRYPTO: PEPE) $0.00001724 $7.3 billion +5.3% $874.01 million Trader Notes: Crypto Bull expressed confidence in PNUT, predicting it's time for the meme coin to reach $1 following its Coinbase listing.
Crypto analyst Javon Marks has provided a bullish outlook for Dogecoin, stating that the foremost meme coin has entered another bull phase. The analyst also predicted how high the foremost meme coin could rally in this bull phase.
As the broader cryptocurrency market registers an altcoin rally, Dogecoin (DOGE) has taken a staggering lead. The meme coin has soared past other notable assets like XRP, Solana (SOL) and Cardano (ADA), which have all recorded impressive price upticks in the last 24 hours.
AmberMining redefines cryptocurrency mining by providing a platform that simplifies the entire process. With its one-click mining feature, AmberMining allows users to effortlessly earn consistent daily profits without requiring technical expertise or hefty upfront investments.
As Bitcoin (BTC) bounces from the local bottom below $90,000, the cryptocurrency segment is recovering. Top-tier meme coins are recovering faster than their competitors, while some dog-themed cryptos are posting double-digit gains today.
The crypto market trades downward amid rising selling pressure and underwhelming price actions. Like the rest of the market, Cardano (ADA) and Shiba Inu (SHIB) are in bearish zones, sparking concerns. However, IntelMarkets (INTL), a new AI crypto, is on a bullish course.
The price of popular meme-inspired cryptocurrency Shiba Inu (SHIB) may be on the verge of stunning price action in the coming weeks. In particular, as the Bollinger Bands indicate on the weekly price chart of SHIB, the price of the asset found support at a median level, despite a painful sell-off yesterday.
Most of the coins are back in the green zone today, according to CoinStats.
Bulls are back in the game after a few days of the market dropping, according to CoinMarketCap.
Dog-themed meme coin Shiba Inu (SHIB), has seen its Open Interest soar amid the ongoing rebound on the cryptocurrency market. According to CoinGlass data, 18.64 trillion SHIB worth $399.79 million in outstanding derivatives contracts were opened in the last 24 hours.
As became known thanks to data from IntoTheBlock, the amount of Shiba Inu (SHIB) tokens outflowing from the wallets of large holders in the past 24 hours skyrocketed by a staggering 475%.
Dogecoin (DOGE), the meme-inspired cryptocurrency has long been a favorite in the cryptocurrency space, known for its explosive price movements during bull cycles.
Shiba Inu burn rate has surged significantly in the last 24 hours. Over 21 million SHIB tokens have been burned in the last 24 hours, bringing down the circulating supply to create scarcity and mark upticks in price.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are gaining momentum, trading significantly up on Tuesday morning. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3475 $51.3 billion +9.7% -10.1% Shiba Inu (CRYPTO: SHIB) $0.00002133 $12.6 billion +6% -10.1% Pepe (CRYPTO: PEPE) $0.00001721 $7.2 billion +6.6% -15.4% Trader Notes: Crypto trader Kevin highlighted that Dogecoin's price action remains strong as long as it holds above $0.26 within its bullish falling channel.
TL;DR The crypto market rebounds significantly, with Bitcoin surging back to $96,000 after a dramatic dip below $90,000. Ethereum and Dogecoin also see impressive gains, with Ethereum climbing to $3,184.61 and Dogecoin rallying over 8.75% to $0.346. The overall crypto market cap rises by 5.40% to $3.32 trillion, fueled by cooling U.S.
Dogecoin price has shown a strong recovery in the last 24 hours, surging 10% after recent market losses. This rebound follows a challenging week for the cryptocurrency, marking a significant turnaround amid renewed bullish sentiment.
Shiba Inu (SHIB) currently trades at $0.00002148, reflecting a 5.07% rise in the past 24 hours, lifting its market capitalization to $12.65 billion.
The altcoin space displayed notable recoveries today as Bitcoin soared past $95K, currently trading at $95,399. While most tokens printed significant movements, Dogecoin and Monero grabbed investor attention with their current performances. Let's find out more. Bitcoin above $95K Bitcoin has regained $95K after plunging beneath $90K on Monday.
Public burn tracker Shibburn has revealed that another large SHIB stash has been transferred to a “virtual furnace” over the past day. The burn rate, respectively, has shown a four-digit rise.
Dogecoin is testing critical $0.30 support amid strong holder accumulation and bullish trader sentiment, with $54 million in exchange outflows and 81.44% of Binance traders holding long positions as the market awaits its next major move.
Shiba Inu price remains steady this week, reflecting the broader crypto market trend. The SHIB is trading above $0.00002, exhibiting sideways movement.
Shiba Inu has reversed its trajectory above the 200 EMA at $0.00002082, avoiding a critical breakdown. SHIB has proven resilient after testing this crucial support level and enduring a bearish wave, which is much-needed relief for its investors.
81.44% of top traders on Binance holding long positions, while 18.56% are holding short positions.
Dogecoin's price fell drastically over the 7-day period ending Mon, Jan. 13, posting a 17% loss for the week, from $0.4 to under $0.32.
Solana, Dogecoin, and Worldcoin rebound sharply, but technical analysis suggests risks of dead cat bounces and potential further declines.
The total trading volume in the prediction market forecasting what Trump will say on Jan. 20 surpassed $1.86 million.
Cryptocurrency markets reversed a weak start to the week on news that Donald Trump reportedly plans signing sseveral crypto-related executive orders on his first day in office. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,357 -0.1% Ethereum (CRYPTO: ETH) $3,117 -4.5% Solana (CRYPTO: SOL) $181.90 -3.3% XRP (CRYPTO: XRP) $2.54 +0.9% Dogecoin (CRYPTO: DOGE) $0.3358 -0.0% Shiba Inu (CRYPTO: SHIB) $0.00002108 -2.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 9.2% and daily active addresses up by 6.4%.
As we enter January 2025, Dogecoin (DOGE) is once more piquing the interest of investors and crypto aficionados. With a market capitalization of more than $50 billion, this meme-inspired coin—which is presently trading at around $0.34—has grown to be a key participant in the cryptocurrency market.
Kaal Dhariya, a leading developer within the Shiba Inu ecosystem, has strongly refuted claims that the team behind Shiba Inu could still mint Bone ShibaSwap (BONE) tokens, despite prior assurances that the token's supply was fixed. The confusion arose after a claim from a Solidity developer known by the username @shallowhal-i4n, who suggested that the Shiba Inu team could exploit a loophole in the contract to mint additional BONE tokens.
Dogecoin has maintained its consolidation path into the last 24 hours, with price data reflecting a 14.5% decline in a seven-day timeframe. However, the price decline has done little to dampen the general sentiment surrounding Dogecoin, especially in a long-term timeframe.
Bitcoin's fall below $90,000 is a negative sign, but the bulls are expected to vigorously defend the $85,000 level.
Eligible KuCoin, Gate.io, and Bitget users will receive millions of TREAT tokens.
Despite the heightened volatility in the market, Dogecoin has shown robust resilience and is holding strong at crucial support levels. Given its capacity to sustain key support levels, many crypto analysts believe that the dog-themed meme coin still has the potential to surge massively within the year.
The cryptocurrency market has seen incredible transformations, with memecoins like Dogecoin (DOGE) turning casual investors into millionaires. But as the space evolves, a new contender is gaining traction—BIG BOSS INU Combining meme appeal with real utility, BigBossInu is being touted as a potential 1,000x token by 2025.
Here's why SHIB could escape the bearish territory soon.
A new Dogecoin price analysis suggests this top meme coin could rise to a new ATH of $10. A crypto market expert, Dima James Potts, attributes this prediction to the 4-year cycle theory, which illustrates parabolic growth during each major cycle.
Forget the Bitcoin dip—traders are dumping their Dogecoin, Pepe, and Bonk today in a bloody crypto market selloff.