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$DOGE
21 million+ got Liquidated
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Can Dogecoin Price Still Rally 1,000%? Analyst Reveals End-Of-Year Prediction : A crypto analyst has forecasted a potential 1,000% rally for the Dogecoin price by the end of the year, suggesting that the leading meme coin could not only reach the coveted $1 milestone but blast past it to $2. While this target may seem bold, especially with Dogecoin still trading below $0.5, the analysis is backed by a compelling combination of historical price behavior, market structure, and accumulation patterns. Dogecoin Price Targets $2 By Year’s End According to a 2-day chart analysis published by crypto market expert ‘Setupsfx_‘ on TradingView, Dogecoin has been navigating a textbook accumulation phase reminiscent of previous cycles that preceded explosive price surges. Based on this distinct historical price behavior, the analyst is boldly predicting a major breakout, anticipating a 1,000% rally that could allow the meme coin to smash through $2 by the end of the year. Using the Wyckoff theory as a foundation, the TradingView expert presented a chart illustrating a clear structure of accumulation, distribution, markdown, and markup—- all of which have played out in past market movements. The chart shows that Dogecoin followed a typical Wyckoff accumulation in its early 2021 cycle, where it traded sideways and spent months consolidating in a defined range. This range, indicated by the blue box on the chart, has been highlighted as a key buy zone between roughly $0.12 and $0.16. Notably, this key zone is the final area where the Dogecoin price could be revisited before launching higher. A return to this range would complete the historical price structure and present an ideal entry point before the markup stage begins. Currently, Dogecoin has concluded its markdown phase and is approaching the final stages of accumulation, paving the way for a potential bullish breakout. $DOGE
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Is Bitcoin Price Doomed For $93K? Technical Indicators Paint A Bearish Image : The Bitcoin price has not quite been able to maintain the bullish momentum that saw it climb to a new all-time high last week. Instead, the premier cryptocurrency has succumbed to bearish pressure over the past few days, falling about 7% from its record-high price. Unfortunately, the Bitcoin price seems to be at the start of what could be a disappointing downward run over the coming weeks. The latest technical price data indicate a potential bearish trend reversal for the price of BTC, with the market leader at risk of losing its six-figure valuation. Which Technical Indicators Are Sounding The Sell Alarm? In a May 30 post on the X platform, crypto analyst Burak Kesmeci provided a technical insight into the price of Bitcoin, explaining that signs are quickly turning bearish for the flagship cryptocurrency. The online pundit projected that BTC could face a severe price downturn to around the $93,000 level in the near future. Kesmeci highlighted changes in some technical indicators on the daily timeframe, suggesting that a correction might be on the horizon for the Bitcoin price. One of these indicators is the daily Relative Strength Index (RSI), a momentum indicator that estimates the speed and magnitude of an asset’s price movements. As observed in the chart above, the daily RSI is around 51 points and below the 14-day simple moving average (SMA). According to the crypto analyst, this technical indicator shift points to a weakening bullish momentum for the Bitcoin price. Kesmeci also noted that the Fixed Range Volume Profile (FRVP), which analyzes trading volume around a price region, signals a heavy trading zone around the $103,500 level. A sustained close beneath this level could lead to elevated selling pressure for the flagship cryptocurrency, the analyst said. $BTC
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Dogecoin risks extended fall as Elon Musk exits DOGE : Musk will meet President Trump on his last working day as a Special Government Employee on Friday. Dogecoin has fallen significantly this week, putting the early May gains at risk. The technical outlook suggests a steeper correction as bullish momentum declines. Dogecoin (DOGE) is down over 3% at press time on Friday as market volatility aligns with Elon Musk’s 130-day term as Special Government Employee, heading the Department of Government Efficiency (D.O.G.E.). Amidst the exit of Dogefather from federal responsibilities, President Donald Trump announces a press conference at the Oval Office on Friday at 1:30 P.M. EST, while Dogecoin risks a downfall below the $0.20 support. As headwinds grow, the technical outlook reveals a decline in bullish momentum coupled with rising long liquidations and falling open interest rates. Dogecoin hits $0.20 as sellers regain control Dogecoin (DOGE) trades at $0.2085 after a 7% drop over the last 24 hours at press time. The meme coin tests the crucial $0.20 support zone, aligning with the 50-day Exponential Moving Average (EMA) at $0.2061. Dogecoin is down over 7% this week, piling on the 3.49% drop a week before, which projects a bearish reversal. The price action breaks down the 100- and 200-day EMAs at $0.21 and $0.2177, respectively, indicating a new downtrend at play. The momentum indicators indicate a sharp plunge in bullish momentum as the Moving Average Convergence/Divergence (MACD) and signal line fall towards the centre line after a bearish crossover and a surge in negative histogram bars. Additionally, the Relative Strength Index (RSI) is down at 46 under the halfway level, indicating a bearish trend in motion. As RSI is well above the oversold boundary line at 30, the indicator warns of room for a steeper correction, hinting at the potential breakdown of the $0.20 support level. $DOGE
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Top AI tokens Bittensor, NEAR, ICP flip bearish as uncertainty surrounding US tariffs bites : The cryptocurrency market claws back mid-week gains amid US tariff uncertainty. Bittensor bulls fight to defend $400 support and the broader trend within an ascending channel. Near Protocol's higher lows pattern in jeopardy as the price drops below 100-day and 50-day moving averages. Internet Computer downside vulnerability in focus as the MACD indicator signals bearish momentum. The crypto market is mainly in the red on Friday, characterized by losses sustained over the past 24 hours after a United States (US) appeals court stayed the ruling that had blocked President Donald Trump's tariffs. Leading Artificial Intelligence (AI) tokens, including Bittensor (TAO), Near Protocol (NEAR) and Internet Computer (ICP), showcase weakness alongside major assets such as Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP). Market overview: Volatility spikes amid tariff uncertainty A federal court of appeals stayed the ruling that had nullified President Donald Trump's tariffs on Wednesday at the request of the Justice Department. The ruling by the Court of International Trade said that the US Constitution grants Congress exclusive power to regulate trade with other countries and that this authority cannot be overridden by the President's emergency powers to safeguard the economy. President Trump's tariffs will continue, at least for now, adding another layer of uncertainty. The focus could also shift to the reciprocal tariffs announced in April but delayed for 90 days to allow for negotiations. As the negotiation window narrows, doubt could creep in, spooking investors. The Federal Reserve (Fed) has in the recent past warned that tariffs could have a lasting impact on the economy, particularly on inflation, despite President Trump calling for urgent interest rate cuts. This signal occurred on Thursday when the blue MACD line crossed below the red signal line, encouraging traders to sell ICP and contributing to the selling pressure. $TAO $NEAR $ICP
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Crypto Today: Negative spot ETF flows break 10-day inflow streak as BTC, ETH, XRP extend losses : Bitcoin strongly falls below $106,000 support as renewed tariff fears rattle markets. Bitcoin spot ETF flows flip negative after ten consecutive days of inflows. Bitcoin's current bull market exhibits significantly lower volatility compared to previous cycles, with a 50% average realized volatility. Ethereum holds steadily above $2,600 short-term support while XRP shows multiple sell signals. The cryptocurrency market faces intensifying headwinds on Friday as markets digest the uncertainty surrounding tariffs in the United States (US). Bitcoin (BTC) is extending losses below $106,000 while major altcoins, including Ethereum (ETH) and Ripple (XRP), test critical support areas. Market overview: Macroeconomic risks surge as US tariff tune changes Sharp pullbacks characterize trading in the cryptocurrency market on Friday after a federal court of appeals stayed the ruling that had nullified President Donald Trump's tariffs on Wednesday at the request of the Justice Department. The ruling by the Court of International Trade said that the US Constitution grants Congress exclusive power to regulate trade with other countries and that this authority cannot be overridden by the President's emergency powers to safeguard the economy. However, the Trump administration called the ruling a "judicial overreach," according to The Washington Post. Global markets clawed back the gains accrued on Thursday amid growing uncertainty over the US tariff policy. Volatility in the cryptocurrency market could persist into the weekend, depending on how investors react to the Personal Consumption Expenditures (PCE) Price Index inflation data, which is expected later on Friday. $BTC $ETH $XRP
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