In the past week, the crypto market has decreased by over 3%. Bitcoin has shown relative stability, testing key support levels at 118,859 USD and 112,000 USD, while Dogecoin suffers a notable decline of 8%. XRP’s progress remains stagnant amid regulatory uncertainties.
Bitcoin’s recent trading shows a minor decline, currently positioned below significant support levels. The market sentiment exhibits bullish signals, but oscillating indicators warn of potential volatility in the upcoming trading sessions.
Dogecoin’s decline to around 0.20 USD raises alarms about its recovery potential. With bearish patterns emerging, the coin’s ability to regain momentum appears fragile, indicating a critical period ahead for meme coins.
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