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💵 AMBCrypto Analytics: $DOGE Analysis Dogecoin has outperformed all other memecoins in terms of both traders and transactions. However, despite this, the price of DOGE fell significantly over the last few days. At press time, DOGE was trading at $0.181 and its price had fallen by 15.33% in the last week itself. The price of DOGE fell past the $0.193 level during this period. If things turn worse for DOGE, the price of the memecoin could decline further and reach the 0.15949 level as well. The CMF (Chaikin Money Flow) of DOGE had declined and fell to -0.11. With a CMF value below zero, it suggests a prevailing outflow of money from DOGE, indicating a bearish sentiment prevailing among traders. This suggests that selling pressure may be outweighing buying interest, exerting downward pressure on DOGE’s price. Additionally, the OBV (On-Balance Volume) for DOGE also declined. Moreover, the declining OBV reflects diminishing trading volume over time, which, when coupled with falling prices, confirms a downtrend. The reduction in trading activity alongside declining prices can intensify downward movements and weaken support levels for DOGE. #Dogecoin‬⁩

💵 AMBCrypto Analytics: $DOGE Analysis

Dogecoin has outperformed all other memecoins in terms of both traders and transactions. However, despite this, the price of DOGE fell significantly over the last few days. At press time, DOGE was trading at $0.181 and its price had fallen by 15.33% in the last week itself.

The price of DOGE fell past the $0.193 level during this period. If things turn worse for DOGE, the price of the memecoin could decline further and reach the 0.15949 level as well.

The CMF (Chaikin Money Flow) of DOGE had declined and fell to -0.11.

With a CMF value below zero, it suggests a prevailing outflow of money from DOGE, indicating a bearish sentiment prevailing among traders. This suggests that selling pressure may be outweighing buying interest, exerting downward pressure on DOGE’s price.

Additionally, the OBV (On-Balance Volume) for DOGE also declined. Moreover, the declining OBV reflects diminishing trading volume over time, which, when coupled with falling prices, confirms a downtrend.

The reduction in trading activity alongside declining prices can intensify downward movements and weaken support levels for DOGE.


#Dogecoin‬⁩

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💥 Will $PEPE Price Recover in June 2024? - CoinGape Analytics Moving averages analyze market trends by averaging price data over certain timeframes, offering a more balanced perspective. For PEPE, the current signals are mixed. Short-term Moving Averages suggest a ‘Sell’ signal due to the current price being lower than these averages, indicating a bearish outlook. Conversely, extended Moving Averages indicate a ‘Buy’ signal, indicating that although the short-term forecast is bearish, the long-term trend is still bullish. This mixture of signals indicates a careful perspective. While there are immediate challenges, the outlook for the future remains optimistic. Exponential Moving Averages (EMA) gives more weight to recent price changes. Although short-term EMAs signal a bearish momentum, the 50-day EMA emphasizes a bullish sentiment in the long-term, regardless of the recent price drops. The MACD, a momentum indicator, is currently indicating a ‘Sell’ signal. This unfavorable figure indicates a downward trend, predicting that the price could keep dropping in the short run before possibly turning around. The Relative Strength Index (RSI) measures the speed and change of price movements, identifying overbought or oversold conditions. PEPE’s current RSI is 42.86, placing it in the neutral zone. This suggests no immediate pressure for a reversal, allowing for both upward and downward movements. Fibonacci retracement levels help identify potential support and resistance points. Resistance levels of Pepe Coin are at $0.000017167881 and $0.000021054328, and support levels are at $0.000008487254 and $0.000005877938. To confirm a recovery, PEPE needs to break through the immediate resistance. The support levels can act as a safety net, preventing further declines.
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💵 Weekly Analysis of $DOGE , $APT , $ATOM - GNCrypto Analytics While the global trend for #Dogecoin‬⁩ remains bullish, it is currently confined within a local range between the support zone of $0.136–$0.142 and the resistance zone of $0.15–$0.157.  The coin has the potential to extend its gains and reach the resistance zone of $0.170–$0.181, which could lead to a new yearly high. This would require a positive push from Bitcoin reaching a new all-time high (ATH).  If a deeper correction ensues, Dogecoin could fall below $0.130. #APT🔥 has been trading within a wide sideways range for nearly two months, with support at $7.30–$8.30 and resistance at $10–$10.75. A critical area for buyers will be the local cluster between $8.75–$9.10, formed after a recent drop last Friday.  APT will likely continue to trade sideways, independent of Bitcoin's movements. While a temporary dip to the $7 level is possible, this could represent the last opportunity for buyers to push the trend upward, particularly if the price can solidify above $11.  Conversely, a fall below $7 and staying under this level would negate the bullish scenario. #Cosmos is currently caught in a trading range between the support zone of $7.54–$8.00 and the resistance area of $8.70–$9.00. Buyers also need to break through a resistance at $8.33.  It’s worth noting that ATOM is experiencing a general downward trend. Beyond the specified support zone, we do not see strong levels of buyer interest, which could result in a significant deepening of the correction.  However, if the market sentiment turns bullish, buyers might manage to drive ATOM's price into the resistance zone of $9.70–$10.36. 
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🔥 $NOT Price Prepares for a Fall to $0.01 - BeinCrypto Analytics Notcoin’s price has been cooling down since the rally last month, during which many investors made money. But as the bullish cues wane, NOT’s real test begins to see if it survives the profit-taking or loses to skepticism. Rising bearishness in the short-term timeframe shows signs of a potential downtrend. The Relative Strength Index (RSI) is well below the neutral line into the bearish zone. The Relative Strength Index (RSI) measures the magnitude of recent price changes to evaluate overbought or oversold conditions in a security. It oscillates between 0 and 100, with readings above 70 typically indicating overbought conditions and readings below 30 indicating oversold conditions. Given the aforementioned cues, Notcoin’s price is likely to witness a drawdown. The Telegram Coin has already dropped from the high of $0.023 to $0.018. At the moment of report, NOT is trading at: - $0.15887 on Binance - $0.15910 on WhiteBIT - $0.15900 on MEXC The altcoin holds above the crucial support of $0.017, but a drop below it is likely. The consequent decline will potentially send NOT to $0.013. This would nearly wipe out the entirety of the 94% rise noted during the early June rally. However, if Notcoin’s price prevents a breakdown and bounces back from $0.017, it could recover the recent losses. The likely uptick will send NOT to $0.020, and breaching the resistance of $0.023 will invalidate the bearish thesis.
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