Dogecoin Price Technicals Suggest DOGE Must Clear $0.920 For Another Rally

Dogecoin is gaining pace above the $0.085 resistance against the US Dollar. DOGE could rise further if there is a close above the $0.092 resistance. DOGE gained pace and traded above the $0.085 resistance against the US dollar. The price is trading above the $0.0850 zone and the 100 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.0830 on the 4-hours chart of the DOGE/USD pair (data source from Kraken). The pair could rise further if there is a clear close above the…

Bitcoin Price Bulls In Check, Signs of Fresh Increase above $21.5K

Bitcoin price is attempting a fresh increase above the $21,200 resistance zone. BTC could gain bullish momentum if there is a clear move above the $21,500 resistance. Bitcoin corrected lower, but it found support near the $20,500 zones. The price is trading above $21,000 and the 100 hourly simple moving average. There is a short-term key bullish trend line forming with support near $21,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if there is a clear move above…

Ethereum Price Accelerates Higher as The Bulls Aim $1,720

Ethereum climbed higher above the $1,500 resistance zone against the US Dollar. ETH is consolidating gains and might rise further towards the $1,650 level. Ethereum started a fresh increase above the $1,450 and $1,500 resistance levels. The price is now trading above $1,500 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $1,540 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise further unless there is a downside correction below the $1,540 support. Ethereum Price Signals…

BNB Price Gearing For Another Lift-Off to $300: Rally Isn’t Over Yet

BNB price (Binance coin) found support near $240 against the US Dollar. BNB rallied above $260 and might aim more upsides towards the $300 level. Binance coin price started a recovery wave from the $240 support against the US Dollar. The price is now trading above $265 and the 100 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $250 on the 4-hours chart of the BNB/USD pair (data source from Binance). The pair could is rising and might climb further above…

Big Options Trade in Ether Market Would Profit from 69% Price Slide

Last week, a buy order for 50,000 contracts of ether options – with a $400 strike price and expiring in June – appeared on Deribit’s order book, raising alarm bells in the crypto community. As of press time, ether was priced around $1,300, so the options trade would pay off if the ether price slid 69% in less than six months. On Deribit, one ether options contract represents one ETH. Author: Jocelyn Yang Source link

BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration – Altcoins Bitcoin News

After the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched on the Solana network. The crypto asset bonk inu (BONK) has a circulating token supply of around 41.5 trillion and it has managed to gather a market capitalization of around $63 million. BONK Sees Market Cap Soar to $204 Million Before Plummeting to $63 Million in 24 Hours The cryptocurrency community has been discussing a…

Ethereum Price Looks Ready For Another Leg Higher Over $1,300

Ethereum was able to clear the $1,240 resistance zone against the US Dollar. ETH is showing positive signs and there might be a move above the $1,300 resistance. Ethereum is moving higher above the $1,220 and $1,240 resistance levels. The price is now trading above $1,220 and the 100 hourly simple moving average. There was a break above a key contracting triangle with resistance near $1,215 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise further if there is a clear move above the $1,300…

XRP Price Suddenly Plummets By 12%

The XRP price has experienced a harsh downward movement in the early morning hours of the Asian market (9 am in Tokyo). Within 45 minutes, the price dropped from $0.3394 to $0.2998, meaning that XRP experienced a drop of a whopping 12%. Remarkably, this move did not happen in line with the broader market sentiment, as BTC and ETH recorded small gains in the meantime. It’s also worth noting that the sudden price drop seemingly happened without any real news related to Ripple, such as a new development in the…

Dogecoin Price Tumbles Below Support, Why This Could Be Strong Bearish

Dogecoin extended its decline below the $0.070 support against the US Dollar. DOGE could continue to move down towards the $0.0620 support zone. DOGE gained pace and traded below the $0.072 support against the US dollar. The price is trading below the $0.0700 zone and the 100 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0698 on the 4-hours chart of the DOGE/USD pair (data source from Kraken). The pair could dive further towards the $0.062 support in the near term. Dogecoin Price…

Ethereum Price Signals Bearish Moves, Test of $1,100 Seems Possible

Ethereum is still showing bearish signs below the $1,200 zone against the US Dollar. ETH could continue to move down below the $1,180 support zone. Ethereum is attempting a minor upside correction towards the $1,200 barrier. The price is now trading below $1,200 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $1,195 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains at a risk of a larger decline towards the $1,100 level or even…