Dogecoin Transactions Surge, Signaling Renewed Bullish Sentiment
Dogecoin network transactions hit 1.93 million in the past week, exceeding other popular memecoins, pointing to growing user engagement and potential price increase.
Dogecoin network transactions hit 1.93 million in the past week, exceeding other popular memecoins, pointing to growing user engagement and potential price increase.
Dogecoin faces selling pressure and bearish indicators, with potential resistance ahead. Traders should be cautious as there is a notable cluster of sellers between $0.101381 and $0.116812.
Dogecoin's breakout faces a crucial retest, with positive on-chain activity signaling potential for upward momentum.
Elon Musk's latest meme featuring 'DOGE' and 'Department of Government Efficiency' has sparked rumors of his potential political aspirations, as Dogecoin prices spiked in the aftermath.
Bitcoin bears have pulled the price below the support of the range, starting a potential downtrend toward $49,000. Top crypto analysts weigh in on the market outlook.
Bitcoin bulls are attempting to keep the price inside the current range, but BTC's growing weakness could eventually lead to new lows under $49,000. Crypto market data shows altcoins continuing to weaken as the total crypto market cap falls below $2 trillion.
Bitcoin's failure to maintain above $60,000 is pulling altcoin prices toward their recent swing lows. Whales and shark holders continue to accumulate BTC as smaller traders sell.
Bitcoin bulls struggle to maintain price range as altcoin weakness pulls crypto market cap below $2 trillion. Analysts divided on impact of expected US rate cut.