Dogecoin was changing hands near $0.174 in European trading on Thursday, extending a two-day rebound that began when buyers twice defended the mid-June floor around $0.16. The 11% recovery since the Tuesday low has put the largest memecoin back on traders’ radars, but technical analyst More Crypto Online cautions that what looks like an impulsive burst is in fact “all corrective in nature,” with the market still trapped inside a complex diagonal wave pattern that could just as easily fail. Dogecoin Is Quietly Coiling For A Potential Breakout In a video update recorded on 2 June, the analyst dissected the one-hour chart and concluded that the advance from the 22 June low is best counted as a three-wave move. “Because wave 1 … was only a three-wave move, the third wave should unfold as an ABC structure,” he said, underscoring that the rally lacks the five-wave DNA of a trend reversal. Even so, as long as Dogecoin defends what he called a “micro-support area between $0.16 and $0.166,” the diagonal remains valid and a measured target at $0.196—the 138 percent Fibonacci extension of wave 1—“remains plausible.” The roadmap is conditional. First, the current A-wave has to finish; then a corrective B-wave should follow, “and in the C-wave we could then rally to round about $0.196.” A probe toward $0.182 before that pullback cannot be ruled out, but the analyst warned viewers not to assume a straight shot higher. “Please be aware that we could be dealing with very choppy and messy structures,” he said. Related Reading: Dogecoin Under $0.20 ‘Is Free,’ Says Analyst—Predicts 2,000% Upside If bulls do force a full five-wave climb from the July swing low, that sequence would mark the first leg of a larger five-wave advance—a textbook signal that the broader down-trend from Dogecoin’s March peak may finally be exhausted. Failure to hold $0.16, however, would invalidate the diagonal count and expose the June lows near $0.151, where on-chain data show a thin layer of spot bids and little derivative support. Market context is mixed. CoinGecko data show Dogecoin’s 24-hour turnover has topped $1.5 billion, roughly in line with last week’s average, while the memecoin’s correlation with Bitcoin has weakened to 0.62, its lowest reading since early May. Related Reading: Dogecoin Under Pressure: Only Top 10 Coin Where Loss-Taking Exceeds Profit In the short term, though, all eyes are on the $0.16 band. As More Crypto Online summed up, “The diagonal pattern basically remains plausible as long as we’re holding that $0.16 level.” Should that floor survive the inevitable B-wave turbulence, Dogecoin’s “quiet setup” might indeed detonate shortly—propelling the token toward $0.196 and potentially signalling a more durable trend change. Notably, the upper boundary of Dogecoin’s long-running descending channel in the daily chart, now situated near $0.20, lines up almost exactly with More Crypto Online’s bullish target. A decisive breakout through this confluence would not only pierce the ceiling that has capped prices since the December 8 high at $0.4843 but could also validate the analyst’s call for a trend reversal. At press time, DOGE traded at $0.174. Featured image created with DALL.E, chart from TradingView.com
A powerful new crypto tax bill just landed in the U.S. Senate, and it could make a big difference for anyone using or holding digital assets like Bitcoin. Senator Cynthia Lummis is leading the charge to fix what she calls “unfair” and “outdated” tax rules that are hurting innovation and everyday users. So, what’s inside …
The Solana-based token sees a massive volume spike to 2.9 trillion amid potential ETF launch speculation and an upcoming token burn event.
The Solana-based token sees a massive volume spike to 2.9 trillion amid potential ETF launch speculation and an upcoming token burn event.
A consortium led by the founding forces behind Japan’s Metaplanet, known as the “MicroStrategy of Asia,” announced plans on July 3 to acquire Thailand’s DV8 Public Company Limited through a voluntary tender offer. The cross-border alliance includes UTXO Management, Sora Ventures, Kliff Capital, Simon Gerovich, Moon Inc., AsiaStrategy, and Mythos Group. The transaction marks a […]
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Bullish momentum drives NEAR token to $2.36 high before sellers step in, establishing new support at $2.26 Fibonacci level.
Bullish momentum drives NEAR token to $2.36 high before sellers step in, establishing new support at $2.26 Fibonacci level.
XRP is flashing strong bullish signals again. Over the past year, it has surged by a staggering 374.1%, easily outperforming Bitcoin and Ethereum. In the first quarter of 2025, XRP gained 0.45%, followed by a 7.12% rise in the second quarter. So far this quarter, the price is already up 2.31% and we’re just a …
The altcoin making is cooling down as bitcoin attempts to form a new record high.
The altcoin making is cooling down as bitcoin attempts to form a new record high.
XRP’s price breaks out of a “pennant” with a profit target of around $3.20 amid increasing futures open interest.
Senator Cynthia Lummis has introduced a standalone bill to pursue the same objectives to ease up on several tax concerns involving digital assets activity.
Senator Cynthia Lummis has introduced a standalone bill to pursue the same objectives to ease up on several tax concerns involving digital assets activity.
AI models generate immense value from user data. It’s time to demand onchain attribution and pay the people whose data makes AI possible with Payable AI, to ensure fair recognition and payment for everyone.
Zoltan Istvan, a leading transhumanist, proposes a new economic model for the age of AI and robots.
Zoltan Istvan, a leading transhumanist, proposes a new economic model for the age of AI and robots.
The developer said it was valued at a $1 billion valuation in an extended Series A fundraising.
The developer said it was valued at a $1 billion valuation in an extended Series A fundraising.
The funding and valuation boost for The Open Platform could accelerate global blockchain adoption, leveraging Telegram's extensive user base.
The post TON builder The Open Platform raises $28.5 million, reaches $1 billion valuation in extended Series A appeared first on Crypto Briefing.
Cryptocurrency trends evolve rapidly, and the rise of AI-powered meme coins marks one of the most intriguing developments of 2025. Investors and crypto enthusiasts have historically flocked to meme coins like PEPE, DOGE, and SHIB, captivated by their cultural appeal and explosive price rallies. Now, the fusion of meme culture and artificial intelligence presents a …
Crypto analyst Crypto Inside has provided a bullish outlook for the PEPE meme coin. The analyst predicted that it could witness a 150% surge as it looks to grab the liquidity above its current range. PEPE Eyes Rally To $0.000025 In Bid To Grab Liquidity Above In a TradingView post, Crypto Inside shared an accompanying chart in which he predicted that PEPE could jump to as high as $0.000025 following its reclaim of the $0.000010 support zone. He explained that this price surge could occur because there is currently more liquidity above than below. Related Reading: PEPE Eyes 500% Move In Pre-Breakout Retest, Can It Outperform Dogecoin? The chart showed that there is a total sell liquidity of 10,678.659 trillion around this $0.00025 range. Meanwhile, the total buy liquidity for PEPE below its current crucial support zone is 6,827.768 trillion. It is worth mentioning that a rally to $0.000025 will bring the meme coin close to its current all-time high (ATH) of $0.00002825. Crypto Inside touched on the meme coin’s liquidity depth. The analyst stated that the price moves from one liquidity to another and that this is the meme coin’s fuel. He remarked that there is significantly more of this fuel accumulated at the top, alluding to the sell liquidity. The analyst added that PEPE has always been a highly speculative asset, and during prolonged one-sided movements, extremely high funding is formed in it. This, he noted, provokes sharp jumps in price. Crypto Inside also commented on the current PEPE price action. He noted that the meme coin has now reached the largest zone of interest at $00.0000817 and is trying to consolidate there. He remarked that this is a powerful level around which consolidation can be expected before further growth. However, he warned that if the PEPE price falls below it without the possibility of returning, it will be an extremely bearish signal. The Meme Coin’s Narrative Is Still Strong As part of his analysis, Crypto Inside suggested that PEPE’s narrative is still strong, which is why the meme coin still has a chance to reach new highs. He explained that the narrative itself is still important in meme coins and that PEPE is an “eternal meme,” which will live forever. He added that it is the embodiment of meme culture in the world. Related Reading: PEPE Price Confirms Phoenix Rising Pattern That Triggers 70% Surge The analyst assured market participants that there is no need to fear PEPE’s oblivion. He declared that it will definitely not die as a narrative and that there is nothing to worry about. However, he admitted that new meme coins like Fartcoin have stretched liquidity across the market, and many have left PEPE for “new shiny things.” At the time of writing, the PEPE price is trading at around $0.00001056, over 11% in the last 24 hours, according to data from CoinMarketCap. Featured image from Medium, chart from Tradingview.com
Quantum computing could enable the reverse engineering of private keys from publicly exposed ones, putting the security of Bitcoin holders at risk.
The future belongs to platforms that can offer a full suite of services in a compliant environment, says Deng Chao, CEO of HashKey Capital and HashKey OTC Global.
The future belongs to platforms that can offer a full suite of services in a compliant environment, says Deng Chao, CEO of HashKey Capital and HashKey OTC Global.
Earlier this year, Ondo Finance launched a platform to give onchain exposure to U.S. securities such as stocks, bonds, and ETFs.
JD.com and Ant Group are reportedly lobbying Chinese regulators to launch yuan-based stablecoins to boost the currency’s global role and counter US dollar-pegged tokens.
Following the SEC's decision to put a pause on a Grayscale ETF, a spokesperson for the company says it "remains committed" to trying to list.
Bitcoin reverses its push beyond $110,000 as markets discount the odds of the Federal Reserve lowering interest rates before September.
The project aims to monetize surplus energy and potentially add BTC to Adecoagro’s balance sheet.
The project aims to monetize surplus energy and potentially add BTC to Adecoagro’s balance sheet.