Popular blockchain tracker Shibburn has published a tweet, notifying the community about a mammoth amount of SHIB has been burned since last morning.

Technical analysis and on-chain data suggest Dogecoin may be poised for a major rally if it breaks above the 100-week SMA and maintains support at $0.16.

Dogecoin is clearly not in a great place due to the aggravation of the death cross on the market, which is slowly but surely going deeper, pushing the price deeper. Basically, with short-term moving averages staying below longer-term averages, the price of the asset is unlikely to recover in a quick fashion.

Since the first week of December 2024, the Shibarmy has experienced a choppy market for Shiba Inu (SHIB) akin to Ethereum (ETH). The mid-cap dog-themed memecoin, with a fully diluted valuation of about $7.

Multiple factors are in line with each other, reinforcing the "buy low" strategy. However, is now the right time to follow suit?

The total cryptocurrency market cap has lost more than $1 trillion in the past three months, causing intensified panic selling.

Shiba Inu is not only seeing a decline in price, but also a falling Open Interest. A technical outlook reveals a potential reversal.

A death cross, a serious bearish signal that could threaten Dogecoin's price momentum, has officially formed. A prolonged period of downward pressure is frequently indicated by this technical pattern, which arises when the 50-day moving average crosses below the 200-day moving average.

After months in decline, Dogecoin price could be leaving the bears in the dust as it has its eyes peeled on a fresh rally. Analysts are calling the bottom for the dog-themed coin amid chatter for an ETF approval by the SEC.

Dogecoin's price action has been under intense pressure after another support level at $0.175 failed to hold, leading to a decline toward a crucial zone. The latest daily candle closed with a lower wick after a rebound from the $0.

Dogecoin (DOGE) is facing a critical moment, having lost over 40% of its value since the start of March. The entire crypto market is under intense selling pressure, driven by macroeconomic uncertainty and heightened volatility.

The Department of Government Efficiency (DOGE) is reportedly proposing cutting the Internal Revenue Service's (IRS) workforce by 20% in a change expected to take effect by May 15, 2025.According to CNN, the cuts would impact an estimated 6,800 employees at the government agency, in addition to the 6,700 probationary employees who have already been let go and 4,700 IRS agents who were given severance packages to retire. However, a recent ruling from US district judge William Alsup ordering federal agencies to reinstate probationary workers terminated due to the DOGE cost-cutting programs could hinder the layoffs if the order is not overturned.

Cryptocurrencies saw another day of bearish price action on Thursday, with only XRP displaying relative strength. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $80,353.45 -3% Ethereum (CRYPTO: ETH) $1,852.08 -1.5% Solana (CRYPTO: SOL) $121.79 -2.4% XRP (CRYPTO: XRP) $2.24 +0.4% Dogecoin (CRYPTO: DOGE) $0.1631 -3.7% Shiba Inu (CRYPTO: SHIB) $0.00001190 -2.9% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 10.7% and daily active addresses falling by 5%.

Shiba Inu (SHIB) price has gained attention recently, but it is struggling to maintain momentum. Currently, SHIB is hovering near the $0.000011 support level, showing difficulty in recovering.

Ripple's XRP is showing lingering short bias and sell pressure and Dogecoin is showing a "death cross" technical pattern, while bitcoin dominance rises. CoinDesk's Christine Lee explains the latest crypto market technical trends on "Chart of the Day.

A popular meme coin has shown signs of recovery as it entered bullish territory with analysts showing optimism for the future of the crypto in the upcoming months. Analysts predict that Dogecoin's current momentum will push it to a possible 318% rally, giving their insights on what is driving this move upward.

Top meme coins are bouncing as the broader market chops. Dogecoin is roughly flat, but Popcat and others are rising on Robinhood listings.

Shiba Inu (SHIB) whales are waking up again, as showcased by the significant on-chain activities. In the last 24 hours, SHIB whales have engaged in large transactions, which have jumped by 67%.

Dogecoin (DOGE) has surged 5.26% today, fuelled by a spike in trading volume to $1.5 billion—a sign that whales may be accumulating at lower levels. The post Dogecoin Surges 6% on $1.5 Billion Volume – Did Whales Just Buy the Bottom? appeared first on Cryptonews.

The cryptocurrency market is showing signs of recovery, with Bitcoin trading above $83,000. As Ethereum's value plummets by 60%, Solana rivals are gaining attention.

According to data from Shibburn, only 1,813,008 SHIB tokens were burned in the past 24 hours. Despite the relatively small amount, the daily burn rate has surged by a surprising 112%.

Wall Street analysts have raised their recession predictions, a move that may affect Bitcoin and other popular altcoins like Shiba Inu, Dogecoin, Ripple, and Cardano.

The crypto market is eagerly awaiting next week's FOMC meeting after CPI data revealed that inflation had fallen to 2.8%. Traders are now watching for signals and remarks by Fed committee members on interest rates, which could spike the crypto market volatility.

Extreme downward pressure is being applied to Shiba Inu as the asset finds it difficult to maintain market stability. A substantial rejection at a critical level is suggested by the recent price action, indicating that bearish sentiment is still in control.

Dog-themed cryptocurrency Dogecoin (DOGE) shows signs of a potential trend reversal after weeks of declining. According to crypto analyst Ali, DOGE is printing a bullish reversal doji on the weekly chart, a classic candlestick pattern that often signals a shift in momentum.

Renowned crypto trader Ali Martinez has released a new update suggesting that Dogecoin could be preparing for a large price upswing. In his latest chart shared on X, Martinez draws attention to the stock RSI on the weekly timeframe.

Dogecoin (DOGE) is on the verge of confirming a death cross, a bearish technical pattern where the 50-day simple moving average (SMA) drops below the 200-day SMA. This signals weakening short-term momentum against long-term trends, potentially leading to further downside pressure.

The digital artwork was minted on the Tezos blockchain.

The official marketing lead of the Shiba Inu team, known under the pseudonym Lucie, has addressed the crypto community with a post, revealing the key features of the innovative product recently launched by SHIB – the SHIB OS (operating system).

Dogecoin has witnessed an explosive rise in new addresses, signaling growing network activity.

After the latest Consumer Price Index (CPI) report on Wednesday, U.S. inflation eased to 2.8% in February, coming in lower than expected. Despite this, the crypto market remains in a consolidation phase, with Bitcoin holding near the $82,000 support level.

The crypto market today, March 13, 2025, shows a slight price gain after the recent data showed that US inflation is cooling. Investors are now hopeful that the Fed will adopt a dovish monetary policy, which could drive demand for risk assets.

Dogecoin shows signs of a short-term rally after bouncing from support, but faces significant resistance before confirming a trend reversal.

XRP, Dogecoin, Bitcoin News: XRP Short Bias Lingers Amid Ripple Legal Hopes, DOGE Nears Death Cross as BTC Dominance Hits 4-Year high

Shiba Inu (SHIB) has faced intense bearish pressure in recent weeks but remains resilient. Despite struggling to hold key support levels, recent price action suggests that bulls are not ready to give up.

Dogecoin price is showing upside momentum, gaining 5.38% after reversing the trajectory from a crucial support level and eyeing further rally to $3. Additionally, the DOGE network has been expanding very fast with new addresses doubling over the past month.

Crypto analyst Lumen has revealed a significant accumulation trend among Dogecoin whales, which provides a bullish outlook for the DOGE price. The analyst also mentioned what could drive the meme coin's price to $0.5, marking a bullish reversal for Dogecoin.

After experiencing a massive price crash, Dogecoin (DOGE) and Shiba Inu (SHIB) continue to struggle to recover, currently trading at significant lows. Despite this broader market downtrend, the Machine Learning Algorithm CoinCodex shares an optimistic forecast, offering a glimmer of hope in this bearish market.

After weeks of dictating its market direction, XRP is still stuck in a downward channel. Both the channel's upper and lower boundaries has been moving steadily downward.

Shiba Inu successfully tested the $0.000010 support as buyers dominate the market.

Crypto analyst Kevin (@Kev_Capital_TA) suggests that Dogecoin's current market structure signals “the last opportunity” for investors to acquire the meme coin at relatively low prices. Kevin points to several convergent technical indicators, including a back test of the macro 0.5 Fibonacci retracement near $0.158, a retest of descending multi‐year trend lines, a convergence with both the 200‐week Simple Moving Average (SMA) and Exponential Moving Average (EMA), and an historically low 3‐Day RSI reading.

Bitcoin and Ethereum struggle to maintain gains, while XRP rallies on optimism over the SEC potentially closing its case against Ripple. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,997.45 -0.13% Ethereum (CRYPTO: ETH) $1,876.24 -3.7% Solana (CRYPTO: SOL) $124.56 -2.1% XRP (CRYPTO: XRP) $2.23 +2.5% Dogecoin (CRYPTO: DOGE) $0.1689 +1.3% Shiba Inu (CRYPTO: SHIB) $0.00001229 +0.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.2% and daily active addresses falling by 3.4%.

The U.S. Federal Trade Commission on Wednesday reversed one of its lawyer's statements in court that it needed to delay the trial in its consumer protection case against Amazon.com , after earlier citing "severe resource shortfalls" caused by cost cutting measures.

Dogecoin (DOGE) price has experienced a slight rebound after a few days of decline. The meme-based coin recently tested its critical support level at $0.14.

The U.S. Securities and Exchange Commission is unlikely to approve or reject crypto ETFs until its new leadership is in place, according to a new report. What Happened: Coindesk on Wednesday reported that the SEC has acknowledged multiple spot crypto ETF applications but is unlikely to approve them until its leadership is settled.

Dogecoin (DOGE) and Shiba Inu (SHIB), the two largest meme coins by market capitalization, are taking a breather today after some heavy losses in the past week.

Dogecoin showing signs of bullish momentum but SEC's delay on ETF decision could hinder this potential trajectory.

The SEC delayed taking the next steps on several filings this week, but experts say this is 'no surprise' until the new chair is in place.