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DOGE Price Prediction for June 4. DOGE/USD. The rate of DOGE has fallen by 2.13% over the last day. On the hourly chart, the price of DOGE might have found a local support level of $0.1573. If the upward move continues until the end of the day, there is a chance to see a test of the the $0.16 zone tomorrow. On the bigger time frame, one should pay attention to the nearest level of $0.1550. If sellers' pressure continues, the accumulated energy might be enough for a breakout, followed by a drop to the $0.15 range. From the midterm point of view, the interim area of $0.16 plays an important role in terms of further price moves. If buyers lose it, there is a possibility of a test of $0.14 by mid-June. DOGE is trading at $0.1585 at press time.

Ethereum (ETH) Whales Make $32 Million Move -What's Happening? In a significant development on the cryptocurrency market, a massive Ethereum (ETH) transfer has caught the attention of investors and analysts alike. Whale Alert, a prominent blockchain tracking service, tweeted that 8,759 ETH, worth around $32.96 million, have been transferred from an unknown wallet to Coinbase. This transfer signals a potential sell-off from an Ethereum whale. Whale movements often serve as significant indicators of market sentiment. Large transfers, especially those heading toward exchanges like Coinbase, typically suggest that the whale might be preparing to sell a portion of their holdings. Such actions can lead to increased volatility and potential price adjustments as the market reacts to the influx of supply. Current market sentiment. The cryptocurrency market is known for its volatility, and whale movements often exacerbate this characteristic. While the exact intentions behind the recent transfer remain speculative, the market's response has been cautious. As of the latest data, the price of Ethereum stands at $3,761, marking a 1.40% decline in the last 24 hours. The recent whale movement has added a layer of intrigue to the market, as investors speculate on the potential impact of such large transfers on ETH's price trajectory. ETH's price dip in the last 24 hours could be partially attributed to the transfer news, as traders and investors react to the potential implications. Despite the recent dip, Ethereum's overall performance has been strong. The 20.86% increase over the last 30 days highlights the cryptocurrency's upward momentum, driven by several factors, including the broader market recovery, the spot Ethereum ETF approvals, and the ongoing development within the Ethereum network. Overall, the recent transfer of ETH to Coinbase has certainly stirred the waters within the market. While the exact intentions of the whale remain unclear, such large movements are always noteworthy and can significantly impact market dynamics.

25 Million XRP Suddenly Exit Binance as XRP Price Finds Crucial Support. Binance, the largest crypto exchange globally, has seen a sudden drop in XRP holdings as a total of 25.23 million XRP, or about $13.16 million, has been withdrawn from the exchange. The transfer was made to an undisclosed address, according to Whale Alert. Historically, withdrawals from exchanges have been seen as a positive sign. It is often thought that big investors are buying digital assets on these platforms and then moving them to their own wallets for safe storage. Further investigation into the transaction details shows that a specific address, "rDAE53," initiated the transfer of millions of XRP to another wallet, labeled "rfQ9." This destination address, which currently holds 4.167 million XRP, has been linked to withdrawals from Binance earlier this year. XRP price outlook. Moreover, the timing of this substantial XRP withdrawal coincides with notable price action for the cryptocurrency. Following a decline since May 21, XRP appears to have stabilized around $0.51 per token, a crucial support level historically associated with price upswings. It has been observed that maintaining this price level has historically led to price growth, whereas breaching it resulted in significant declines. XRP enthusiasts should watch closely to see if this withdrawal is a sign of accumulating investors betting on a future price surge, or if it could precede another downward trend for the popular cryptocurrency.

Shiba Inu (SHIB) Enters 'Red Zone' After Price Drops Below Crucial Support. Shiba Inu was slowly gaining traction on the market and looked like it was positioned pretty well for an upcoming bounce. However, things have changed faster than anyone could have anticipated. The price dropped below the 50 EMA and is not coming back. For now, SHIB's position is uncertain as a result of this abrupt decline. A break below the 50 EMA, a critical support level, suggests that sellers are gaining the upper hand. The 200 EMA, which is currently holding the line below very delicately, is the next major support. SHIB may test the 200 EMA and possibly decline even further if bears keep pushing. Selling volume increased noticeably as SHIB broke below the 50 EMA. This may indicate that traders are trimming their losses due to a lack of confidence, and that tendency may aggravate even further. Additionally, on the downward trend, the RSI is currently hovering just above the oversold area. Although this suggests that SHIB is oversold right now, a rebound is not guaranteed. Technical analysis relies heavily on moving averages, which are currently not to SHIB's advantage. The 20 EMA makes a bearish crossover when it crosses below the 50 ΕΜΑ. Keep a close eye on this pattern as it frequently signals impending declines. Further more, all major moving averages are currently being traded below by the price, which is generally a very bearish indication. Based on the present price movement, it appears that SHIB requires a significant uptick to prevent additional losses. In an ideal world, it would swiftly regain the 50 EMA to bolster market confidence. The 200 EMA is a potential support level for traders to watch, but if this level is broken, they should also brace themselves for additional downsides.

Toncoin (TON) Coasting Along With Unusual Whale Transactions. Toncoin (TON) is setting the pace for whale transaction count as the market seeks to maintain a balance between coins with a bearish trend and those sustaining their bullish momentum. Toncoin falls on the latter side of the aisle, building on the momentum it has registered since the start of this year. According to an update from top market analyst Ali Martinez, Toncoin whale transactions soared by more than 237% in a single day. By definition, Into TheBlock noted that whale transactions are those valued at $100,000 or more. As observed on the charts shared by Martinez, the Toncoin whale transaction soared from a low of five transactions over the past week to 27 as of June 3. Whale transactions have a way of shifting the narrative around the price of a particular digital currency. With more accumulation, the supply of the cryptocurrency in circulation is reduced, forcing a major crunch which, when matched with sustained demand, can drive the price of the coin higher. At the time of writing, TON, the native token of Toncoin, is up by 2.76% in the past 24 hours to $6.79. One intriguing trend was observed in the Toncoin ecosystem that further underscored the role of TON whales in fueling the price surge. The daily trading volume is down by more than 58% to $208,461,709. One major factor driving the TON whale transaction is the market action around Notcoin (NOT), the sensational token that launched on The Open Network in May. Notcoin is trying to carve a niche for itself as both a meme coin and a play-2-earn (P2E) game, one that has made it see a surge to an all-time high (ATH) of $0.02896 atop 201% growth in the trailing seven-day period. Toncoin remains in the top 10 list of most capitalized coins joining the altcoins, keeping Shiba Inu (SHIB) out of the top 10.

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