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The transfer also included the movement of 1,322 #ETH , worth around $2 million, to cryptocurrency #exchange Poloniex, which suggests that the #whale may be planning to liquidate some of their holdings.The timing of the transfer is significant, as it coincides with #Ethereum

The transfer also included the movement of 1,322 #ETH , worth around $2 million, to cryptocurrency #exchange Poloniex, which suggests that the #whale may be planning to liquidate some of their holdings.The timing of the transfer is significant, as it coincides with #Ethereum

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In Important Ordinals Update, Dogecoin Forms Bullish Inverse Head And Shoulders Since becoming the biggest meme coin, Dogecoin has been a hot topic in the cryptocurrency world. Investors are uncertain about its price direction after its recent price activity. However, a key bullish development on the chart might alter everything for meme coin. Bullish inverse head-and-shoulders pattern for Dogecoin Dogecoin's recent price movement hasn't been great, but it's building into one of its most bullish patterns. Crypto expert Benji Hyam says Dogecoin's chart displays an inverted head-and-shoulders pattern. Big shorters bet $6.9 billion against pro-Bitcoin MicroStrategy—how are they doing? The TradingView analyst noted that this trend is positive for meme coin. It frequently starts significant rallies that might push Dogecoin to new annual highs. When the report was presented on June 5, Dogecoin had formed a bullish inverse head and shoulders pattern and was breaking out. DOGE has subsequently fallen to $0.16 after failing to break out. However, the crypto researcher believes the meme currency might continue its rise if it holds $0.158. In the first study, the crypto researcher gives Dogecoin till Sunday to prove its bullishness or risk falling. Dogecoin Ordinals became popular after Bitcoin Ordinals made news. The MyDogeWallet team's latest revelation suggests that Dogecoin ordinals have become a blockchain staple, despite their lesser attention than Bitcoin ordinals. Alex, the MyDogeWallet CTO, says the wallet can now handle Dogecoin ordinals, or Doginals. The wallet will also handle blockchain-created DRC-20 coins. Alex told the community that this feature would debut this weekend. This further establishes Ordinals' relevance on the Dogecoin network, and increasing adoption may improve DOGE's price action. #DOGE #altcoins $DOGE
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Another purchase opportunity is expected to arise with Dogwifhat meme currency A widening wedge pattern is forming as the price of dogwifhat consolidates. Just recently, WIF was pushed back down to retest the pattern's bottom limit. Before setting off an upward movement, WIF will probably break $2.32. Friday saw a devastating decline in the price of Dogwifhat (WIF) as it followed Bitcoin's lead. much if several cryptocurrencies are making a comeback, WIF will probably fall much farther before it tries to climb back up. A widening wedge has formed in the dogwifhat price pattern since April 14, which consists of four lower lows and four higher highs. WIF is now trading at $2.83 after a brief rally that sent it back down to $2.50 after Friday's drop retested the bottom limit of this wedge. Dogwifhat is expected to break the expanding downward wedge and go beyond the $2.32 support level in the near future, according to investors. The fate of the crypto with a canine motif hinges on WIF's response to this level. As soon as the dogwifhat meme currency does a sweep and then a reclaim, it will be ready to climb higher. In order for WIF to go beyond this level, it must rebound above the bottom limit of the widening wedge. There is a possibility that the meme currency may retest $3.25 if these two things happen. The bullish thesis will be rendered useless if the price of dogwifhat breaks below the $2.32 support level, regardless of the possibility of a rebound. If this trend continues, WIF can fall 14% and reach the $2 psychological barrier. #BTC #WIF #Dogwifhat $WIF
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