As its price action tries to bounce back from recent losses, Solana finds itself in a vulnerable position. A declining trendline on the chart indicates persistent selling pressure, and buyers are frantically attempting to protect the 26 EMA, a crucial support level.
Dogecoin is testing demand above the $0.40 level following several days of consolidation below its yearly high of $0.484. This period of choppy price action has kept traders on edge, as Dogecoin's price appears poised for a decisive move.
Shiba Inus price is on edge, with Bollinger Bands pointing to a possible 17% crash or a surprising breakout. As the weekend approaches, SHIBs next move could define its short-term trajectory amid heightened market tension.
Cryptocurrency markets are trading higher on Friday as the stock market continues to have a bullish outlook for 2025. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $101,697.15 +2.2% Ethereum (CRYPTO: ETH) $3,931.03 +1.6% Solana (CRYPTO: SOL) $224.50 -1.5% XRP (CRYPTO: XRP) $2.43 +3% Dogecoin (CRYPTO: DOGE) $0.4063 +0.4% Shiba Inu (CRYPTO: SHIB) $0.00002846 +1.4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 13.1% and daily active addresses growing by 3.8%.
Bitcoin's recent surge toward the $100,000 mark has raised widespread excitement, but also raised concerns regarding the sustainability of the rally. While this price level signifies an important milestone for the world's largest cryptocurrency, market observers are cautious about whether Bitcoin can maintain its current trajectory or if it will face a retracement.
Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout.
Solana meme tokens are still highly active, with five assets breaking the $1B market cap barrier. AI agents are also boosting Solana meme activity.
Dogecoin's (CRYPTO: DOGE) lackluster performance over the past month has dampened optimism among Polymarket traders, but crypto traders on social media remain hopeful about its future prospects. What Happened: Crypto trader Altcoin Sherpa advised his followers on X to buy DOGE aggressively only when Bitcoin shows a clear upward momentum during its next leg up.
In recent days, the price of DOGE has stabilized near the $0.4 level, with neither buyers nor sellers gaining clear control. Buyers are becoming impatient, seeking a quick rise above this steady range. This has triggered significant buying interest from large investors, potentially leading to an increase in long positions for Dogecoin.
Shiba Inu (SHIB), the second-largest meme coin by market cap, may soon awaken, according to popular cryptocurrency analyst Zach Humphries.
Dogecoin price has been consolidating between $0.39–$0.48 with patterns resembling its behavior before the 8,000% rally in 2021.
The price of the popular meme-inspired cryptocurrency Shiba Inu (SHIB) has come to a point that can be described as nothing short of "now or never." According to the Bollinger Bands indicator, the Shiba Inu token has hit the median line, a fixation below which could result in a painful drop of more than 17% to the lower end of the range.
BONK finds itself under increasing selling pressure as its recent rally falters, raising concerns about the token's ability to sustain its upward momentum. Struggling to maintain its gains, the price has started a fresh drop toward the $0.00002962 key support level, indicating a possible bearish continuation.
Dogecoin (DOGE), the original meme coin, has had an interesting year. While the digital asset spent most of 2024 either trading flatly or in a slight downtrend after a short move to the upside in March, the wider cryptocurrency bull market that ignited in November has seen DOGE prices skyrocket.
Dogecoin price, a major meme-based altcoin, has experienced a staggering 350% surge in value over recent years. This remarkable growth has garnered widespread attention across trading platforms, positioning DOGE as a leading performer.
As fear, uncertainty and doubt reign in the cryptocurrency space, market participants find themselves in the midst of notorious volatility and dislocation in the prices of digital assets. Against this backdrop, it is extremely difficult to make investment decisions, and there is little to guide one.
Fartcoin (CRYPTO: FARTCOIN), a meme-based cryptocurrency with unconventional origins, has hit an all-time high market capitalization of $763.9 million. The Solana (CRYPTO: SOL)-based token's meteoric rise, reaching a preliminary all-time high of $764 million on Friday per DexScreener data, has been driven by a mix of online speculation and social media buzz.
The Shiba Inu price is gearing up for a massive rally amid positive market trends. Notably, the SHIB burn rate also noted a massive surge of over 3700% today, indicating a bullish momentum ahead for the crypto.
The Dogecoin team has issued a critical reminder to the community to upgrade their nodes to the most recent version, 1.14.9, highlighting the importance of staying updated for the network's health and security.
Dogecoin (DOGE) has entered a period of weakness, slipping roughly 16% from its November 23 local high of $0.4795. As the original meme cryptocurrency struggles to reclaim key technical levels, the consensus among some analysts is that DOGE's ability to stabilize or recover may hinge almost entirely on an external factor: Bitcoin's trajectory.
A significant shift has occurred in the Dogecoin (DOGE) ecosystem in the last 24 hours. Despite the ongoing bullish market cycle that saw Bitcoin rally above $100,000, DOGE has continued to see mild bleeding.
While $DOGE remains the most popular meme coin, attributed to being the first to exist and consistently endorsed by the crypto titan Elon Musk, a light is shining on other cryptocurrencies and meme coin presales with real-world utility. Just look at Floki, for example.
Tesla CEO Musk's political influence continues to rub certain individuals the wrong way. His battle with the US Security and Exchanges Commission (SEC) is very much alive, and with outgoing chair Gary Gensler still in office, the political war is undoubtedly far from over.
The orders imbalance showed that sell orders were few within 10% of the price. This can be perceived as a short-term SHIB buying opportunity.
With its fantastic price momentum, dogecoin (DOGE) keeps the front stage in the crypto scene. At $0.4603, DOGE has increased by 2.04% in the past 24 hours. The token has risen 130% over the past thirty days and by about 400% in the past three months, indicating a strong positive attitude among investors.
Donald Trump's team is intent on consolidating or even eliminating some long-standing banking watchdogs, WSJ reports, while Wall Street Pepe ($WEPE) fans cheer. Trump's incoming US presidency has signaled a promising forecast for cryptocurrency regulations in the US.
Dogecoin repeats its bullish 2021 fractal, with whales piling in and Elon Musk's influence sparking speculation of an 85% rally next.
Shiba Inu (SHIB) has risen 8% to $0.000029, bringing 69% of holders into profit while showing mixed on-chain metrics and decreased burn rate, with technical analysis suggesting potential for further upward movement to $0.000081.
On-chain data shows $45.73 million in BONK token outflows from exchanges during December 2024, coinciding with bullish technical patterns and a 5.65% price increase in the last 24 hours.
Donald Trump's transition team is reportedly planning a major overhaul in the country's banking sector by reducing, consolidating, and even eliminating key banking regulators in Washington. Advisors from the newly formed Department of Government Efficiency (DOGE), headed by Elon Musk, are mulling the possibility of abolishing the Federal Deposit Insurance Corporation (FDIC).
In a recent YouTube video, crypto analyst Crypto Banter revealed top altcoins that could soar up to 50x during this market rally. As excitement builds in the crypto space, these coins are drawing massive attention from investors eager for big gains.
Legacy memecoins have done well so far, but their position could be under threat soon.
69% of Dogecoin's active nodes were rendered dysfunctional after a hacker exploited the blockchain network's weakness. The attack which affected the older versions of the network has presented the dogecoin community with security and robustness issues.
On-chain metrics reveal that exchanges have witnessed $45.73 million worth of BONK outflow.
Whales massively bought DOGE during a price correction leading a rebound.
The number of new Dogecoin (DOGE) investors has increased in recent days, suggesting the potential for a price rally similar to its previous surge between September 23 and December 12. During that period, DOGE's price climbed from $0.10 to $0.47.
17 million Shiba Inu (SHIB) tokens were burnt in the last 2 days, data provided by shibburn.com suggests. That makes for a good title, but actually, that only amount to token worth around $500 being burnt. The post Shiba Inu Burns 17M Tokens – Could a Parabolic Rally Be Next? appeared first on Cryptonews.
The price movement of Bitcoin close to $100,000 has drawn a lot of attention and represents a crucial technical and psychological turning point for the market. Although the milestone is remarkable, there are legitimate concerns regarding the rally's sustainability and the potential for a retracement.
The Shiba Inu price has rebounded towards $0.00003, which has put most of the SHIB holders back in the green. This is significant, considering how it could set Shiba Inu on a path to higher prices.
New data blockchain explorer Blockchair reveals that a hacker took advantage of an exploit in Dogecoin's (DOGE) blockchain, causing the majority of its nodes to crash. Earlier this week, a Dogecoin monitoring platform noticed that the number of DOGE nodes dipped from 647 to just 205, a decrease of about 69%.
Shibarium, the blockchain scaling solution designed to enhance Shiba Inu's ecosystem, has recently surpassed 600 million transactions. This is a remarkable achievement that highlights its growing popularity and the efficiency of the network in handling high volumes of transactions.
Shiba Inu (SHIB), the popular and second-largest crypto meme coin by market cap, is poised for upside momentum as whale interest in the meme coin skyrockets. Despite the recent price decline across the cryptocurrency market, whales' interest and confidence in SHIB remain unchanged, according to an on-chain analytics report by Coinglass. 3.
Earlier in November, Dogecoin experienced a rapid ascent to new price highs, driving its Relative Strength Index (RSI) into the overbought zone. However, a crypto analyst revealed that the popular meme coin has officially exited this overbought range following its recent pullback below $0.4.
As the Dogecoin ($DOGE) price consolidates just above $0.40, investors are weighing up whether the market could be about to vault to new highs, or whether a deeper pullback could be in store. The post Dogecoin Price Could Dump 50% Soon – But Here's Why You Should Still Be Bullish appeared first on Cryptonews.
Cryptocurrency markets are trading lower on Thursday as President-elect Donald Trump rang the bell at the New York Stock Exchange. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $99,666.97 -1.7% Ethereum (CRYPTO: ETH) $3,882.77 +1.8% Solana (CRYPTO: SOL) $228.16 -0.9% XRP (CRYPTO: XRP) $2.36 -3.2% Dogecoin (CRYPTO: DOGE) $0.404 -3.2% Shiba Inu (CRYPTO: SHIB) $0.00002804 -4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.3% and daily active addresses falling by 11.9%.
Shiba Inu (SHIB) has gained significant attention in the cryptocurrency world with its impressive 133% surge from the low of $0.000013 in August to its recent high of $0.00003031 in early November. This surge has prompted experts to revise their predictions for the coin's potential future price movements, specifically for targets like $0.0001, $0.001, and $0.01.
The Dogecoin network exploit crashed 69% of its nodes, exposing critical security flaws and highlighting the need for timely updates.
Following the recent waning price performance of Dogecoin, the largest meme coin in the past few days, speculations and uncertainties about DOGE's potential to hit a new all-time high in the short term have emerged within the crypto community.