Key takeaways

DOGE is down by nearly 6% and is now trading below $0.08.
The bearish performance comes as retail traders reduce their exposure to the market. 

DOGE extends losses after failed breakout

Dogecoin (DOGE) continued to face downward pressure on Tuesday, trading below $0.08 after failing to break above a key resistance zone. 

The meme coin has now dropped more than 10% over the past week, reflecting weakening momentum across both spot and derivatives markets.

Market data suggests that institutional participation in Dogecoin remains weak. According to SoSoValue data, spot Exchange Traded Funds (ETFs) linked to DOGE have shown little activity since early June, signaling a decline in demand from larger investors.

A continuation of negative or absent ETF flows could further weigh on price action, increasing the risk of additional downside volatility.

Sentiment around Dogecoin has also weakened on social platforms. Santiment’s Social Dominance metric, which tracks the share of cryptocurrency discussions focused on DOGE, fell to 0.095% on Tuesday. This level is close to early June lows and reflects a sharp decline in market attention.

The drop suggests fading enthusiasm among retail traders, often a key driver of momentum for meme-based cryptocurrencies.

Futures and options data further reinforce the cautious outlook. CoinGlass reports that Dogecoin’s long-to-short ratio fell to 0.80 on Tuesday, near its lowest level in over a month.

A ratio below 1 indicates that more traders are positioning for price declines than gains, highlighting growing bearish sentiment in the derivatives market.

DOGE price outlook: Key levels in focus

Dogecoin was trading around $0.07948 at the time of writing, maintaining a bearish short-term structure. 

The price remains below the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), which are clustered between $0.093 and $0.114, reinforcing downside pressure.

Momentum indicators present a mixed picture. The Relative Strength Index (RSI) sits at the oversold territory near 29, suggesting selling pressure is stretched. 

However, the Moving Average Convergence Divergence (MACD) shows only mild stabilization, not a confirmed reversal.

On the upside, immediate resistance is seen near $0.0885, followed by the 50-day EMA at $0.0926 and the 100-day EMA at $0.0982.

A stronger recovery would require a break above the descending trendline near $0.1000, with further resistance at $0.1027 and the 200-day EMA around $0.1138.

On the downside, the critical support level remains the recent yearly low at $0.0776. A decisive break below this level could open the door for a move toward $0.0700, where buyers may attempt to re-enter the market.

Key takeaways

CryptoQuant’s taker Cumulative Volume Delta (CVD) shows a persistent negative trend over the past 90 days for PI.
The coin is down 4.5% in the last 24 hours and now trades below $0.1300. 

PI extends losses amid weak market conditions

Pi Network (PI) traded in the red on Tuesday, falling below the $0.1300 level as selling pressure intensified across the broader crypto market. 

The token is now testing a breakdown of a rising support trendline, signaling growing bearish momentum.

Market data suggests that sellers remain firmly in control in the spot market. CryptoQuant’s taker Cumulative Volume Delta (CVD) shows a persistent negative trend over the past 90 days, indicating that sell orders have consistently outweighed buy orders. This pattern points to sustained distribution and weakening demand for PI.

At the same time, broader market sentiment is also deteriorating. The CoinMarketCap Fear and Greed Index currently sits at 20, reflecting “Extreme Fear” conditions. 

Such risk-averse environments often weigh heavily on speculative and community-driven assets like Pi Network.

PI technical breakdown signals bearish shift

Pi Network has extended its bearish structure after dropping below the 50-period Exponential Moving Average (EMA) at $0.1335 on the 4-hour chart, as well as the $0.1300 psychological level.

The breakdown below a rising support trendline near $0.1300 is a key technical development, with a confirmed close beneath this level potentially validating a bearish reversal.

Following the breakdown, price action now risks deeper declines toward key Fibonacci levels. Immediate downside focus lies at the 78.6% retracement level near $0.1251, based on the move from $0.1532 to $0.1184.

If selling pressure continues, the next support levels include the swing low at $0.1184, followed by the 127.2% Fibonacci extension around $0.1103.

Technical momentum indicators continue to favor sellers. The Relative Strength Index (RSI) on the 4-hour chart has dropped to 38, approaching oversold territory.

Meanwhile, the Moving Average Convergence Divergence (MACD) has crossed below the signal line, reinforcing bearish momentum despite the possibility of a short-term technical rebound.

On the upside, immediate resistance is clustered around the $0.1300 region, which now aligns with the broken trendline. 

This is followed by the 50-period EMA at $0.1335 and the 50% Fibonacci retracement level at $0.1346.

Further resistance levels include the 200-period EMA near $0.1390 and the 78.6% retracement at $0.1441, which would need to be cleared for any meaningful bullish recovery to take shape.

Key takeaways

Bitcoin (BTC), Ethereum (ETH), and XRP are starting the week on a more stable footing after last week’s declines.
BTC is trading above $64,000 but remains below major moving averages, keeping the broader trend bearish.

Crypto market opens new weekly candle with signs of stability

Bitcoin, Ethereum, and XRP are showing resilience at the start of the week after experiencing notable declines during the previous trading period.

Bitcoin fell nearly 4% last week, while Ethereum and XRP dropped approximately 2% and 6%, respectively. 

Despite the weakness, all three assets have stabilized, with Bitcoin trading above $64,000, Ethereum holding the critical $1,700 support level, and XRP consolidating near $1.13.

For Bitcoin, traders are closely watching technical indicators for clues about whether the recent recovery can develop into a broader rebound.

Bitcoin remains below major resistance levels

Bitcoin is currently trading around $64,000, but the broader technical outlook remains cautious. BTC continues to trade below its key moving averages, 50-day EMA: approximately $69,106, 100-day EMA: approximately $72,123, and 200-day EMA: approximately $77,748.

The fact that Bitcoin remains below all three indicators suggests that sellers still maintain control of the broader trend.

Adding to the bearish outlook, BTC recently broke below a rising trendline that had previously supported the market. That trendline, now acting as resistance near $74,238, reinforces the view that Bitcoin remains in a corrective phase.

Although the overall trend remains weak, some technical indicators suggest that downside momentum may be slowing.

The Relative Strength Index (RSI) has rebounded from deeply oversold levels and is currently hovering in the high-40 range.

This improvement indicates that selling pressure has eased, but the indicator remains around the neutral 50 mark, meaning a clear bullish reversal has not yet been confirmed.

The Moving Average Convergence Divergence (MACD) indicator remains in positive territory, which is generally supportive for prices.

For Bitcoin to regain bullish momentum, buyers must overcome several resistance zones, including $69,106 (50-day EMA), $72,123 (100-day EMA), and $77,748 (200-day EMA).

A move above these levels would significantly improve the technical outlook and potentially signal the end of the current correction.

On the downside, the first major support level remains at $64,005.A decisive break below this area could expose Bitcoin to further losses and extend the existing downtrend.

Hedera (HBAR) price is currently consolidating in a tight range.
A falling wedge pattern is forming on the 15-minute chart.
A confirmed move above the wedge resistance zone near $0.0815 would signal a rebound.

Hedera (HBAR) has been trading in a narrow range, with price action showing repeated compression around key short-term levels.

At the time of writing, HBAR was trading at $0.0801, moving within a 24-hour range of $0.07801 to $0.0803.

The market has shown minimal directional strength today, with a 24-hour change of +0.1%, reflecting near-flat momentum.

While the token has seen a mild gain today, it continues to show weakness across longer timeframes.

HBAR is down 2.4% over the past 7 days, 6.7% over the past 30 days, and approximately 39.9% over the past year.

This extended decline places current price action in a longer consolidation phase rather than a sustained recovery trend.

Tight consolidation dominates short-term structure

Looking at the charts, the lower boundary around $0.0780 has acted as consistent support, while upside movement has been capped near $0.0803–$0.0810.

This compressed structure has resulted in a tightly controlled trading environment where volatility is declining.

Each minor rebound has been followed by rejection at nearby resistance, while dips continue to attract buyers at similar levels.

The result is a market that is neither trending upward nor breaking down decisively, but instead moving sideways in a constrained channel.

Falling wedge formation

On lower timeframes, particularly the 15-minute chart, HBAR is forming a clearly defined falling wedge pattern.

The pattern is characterised by two downward-sloping trendlines that converge as price action tightens.

The lower boundary of this wedge sits near $0.0780, a level that has been tested multiple times without a breakdown.

Each retest has produced short rebounds, indicating that selling pressure is gradually weakening at this zone.

The upper boundary of the wedge is positioned around $0.0805 to $0.0815, where repeated rejection has occurred.

The price is gradually compressing toward the apex of this structure, a phase often associated with directional expansion once a breakout occurs.

Hedera price forecast

The current technical framework places clear importance on two primary levels.

On the upside, a confirmed move above the wedge resistance zone near $0.0815 would represent the first sign of a bullish rebound.

If followed by sustained momentum, short-term projections indicate a move toward $0.0830, with extended targets around $0.0840 to $0.0850.

On the downside, a breakdown below $0.0780 would invalidate the current wedge structure.

Such a move would expose lower liquidity zones and extend the existing bearish consolidation phase.

However, at present, price remains positioned almost exactly between these two thresholds, reinforcing the compression narrative.

Key takeaways

Bitcoin remains vulnerable as hawkish Federal Reserve guidance, rising Treasury yields, and inconsistent ETF demand continue to dampen investor sentiment.
With BTC trading below key moving averages and lacking strong buying momentum, the near-term bias remains bearish. 

Bitcoin (BTC) remained under pressure on Thursday, trading below the $64,000 level as investors reacted to a hawkish message from the U.S. Federal Reserve and mixed institutional demand signals.

The leading cryptocurrency continues to struggle for momentum, with risk appetite fading across financial markets after the Fed signaled a tougher policy outlook despite leaving interest rates unchanged.

Federal Reserve maintains rates but adopts hawkish tone

The U.S. Federal Reserve left its benchmark interest rate unchanged at 3.50% to 3.75% during its latest policy meeting, the first chaired by Kevin Warsh.

While the decision itself was widely expected, markets were focused on the Fed’s forward guidance and updated economic projections.

The central bank removed language suggesting a bias toward further monetary easing and instead signaled support for maintaining higher rates for longer. Policymakers now project the federal funds rate to end the year at 3.8%, up from the 3.4% forecast issued in March.

The revised outlook prompted traders to increase expectations for tighter monetary policy, with markets now pricing in nearly an 85% probability of a rate hike in December.

As a result, U.S. Treasury yields and the U.S. dollar moved higher, reducing demand for risk-sensitive assets such as cryptocurrencies.

Institutional demand for Bitcoin remains mixed, offering little support for a sustained recovery.

According to CoinGlass data, spot Bitcoin exchange-traded funds (ETFs) recorded a net outflow of $82.20 million on Wednesday, following:

The inconsistent flow pattern, coupled with a slight bearish bias, suggests institutional investors remain cautious amid macroeconomic uncertainty.

Should ETF outflows continue or accelerate in the coming sessions, Bitcoin could face additional downside pressure.

Bitcoin price outlook: Relief bounce shows signs of weakness

Recent price action indicates that Bitcoin’s rebound from oversold conditions may have been driven more by seller exhaustion than by renewed buying demand.

Bitcoin continues to trade within a bearish short-term structure and remains below several key moving averages.

BTC is currently trading below the 50-day EMA at $70,042, the 100-day EMA at $72,839, and the 200-day EMA at $78,174.

The failure to reclaim these levels reinforces the broader downtrend and highlights persistent overhead selling pressure.

Additionally, the previously broken uptrend support near $73,833 has now turned into a major resistance zone.

Technical indicators continue to favor caution. The Relative Strength Index (RSI) on the 4-hour chart remains below 50, indicating ongoing bearish momentum without yet reaching deeply oversold conditions.

The Moving Average Convergence Divergence (MACD) histogram remains slightly positive, suggesting that recent rebounds may be corrective moves within a broader bearish trend rather than the beginning of a sustained recovery.

If Bitcoin attempts a rebound, traders will likely focus on several major resistance zones. The first major resistance at $64,004 could pave the way for higher hurdles at $70,042 – 50-day EMA

A move above these levels would be required to significantly improve the technical outlook.

Real Finance launches REAL Competition for the $ASSET ecosystem.
Users can earn points by trading, staking and holding $ASSET.
A $3400 raffle pool gives more community members a chance to win.

Real Finance has launched the REAL Competition, a community rewards campaign aimed at increasing participation across the $ASSET ecosystem.

The Sofia-based company said the campaign will allow users to earn points through trading, staking and holding $ASSET, with top participants eligible for up to $20,000 in USDC rewards.

The competition also includes an additional raffle prize pool, broadening the reward structure beyond the highest-ranked users.

Real Finance said the campaign is designed to recognise sustained on-chain engagement rather than simply rewarding short-term trading volume.

Points system targets wider ecosystem activity

The REAL Competition introduces a points-based model that tracks qualifying activity involving $ASSET.

Participants can earn points by trading, staking and holding the token, with all activity monitored on-chain through the competition dashboard.

The structure is designed to give users multiple ways to participate.

Active traders can build points through qualifying transactions, while long-term holders and stakers can also improve their standing through sustained participation.

Real Finance said participants will move through a 13-level rewards structure during the campaign.

This approach marks a shift from conventional trading competitions, which often focus mainly on volume.

By including staking and holding activity, the REAL Competition is intended to reward broader involvement across the $ASSET ecosystem.

Leaderboard rewards backed by raffle prizes

The campaign’s main prize structure includes fixed rewards for the top-ranked participants, with total rewards of up to $20,000 in USDC available through the competition.

Real Finance will also distribute rewards through a broader pool based on final point totals.

This means participants outside the highest leaderboard positions may still be eligible for rewards, depending on their accumulated score.

In addition, the company said it will offer a separate raffle reward pool worth $3,400.

The raffle is designed to give more community members a chance to win prizes, even if they do not finish among the top-ranked participants.

“The REAL Competition is designed to reward meaningful participation across our ecosystem,” said Ivo Georgiev, CEO of Real Finance.

Whether users are actively trading, staking for the long term, or steadily building their position in $ASSET, we want to recognize the community members helping drive the growth of the network. By combining leaderboard rewards with raffle prizes, we’re creating opportunities for a broader range of participants to benefit from the campaign.

Campaign to run over coming months

Participants can join the REAL Competition by connecting a supported wallet and completing qualifying $ASSET transactions or staking activities.

Real Finance said users will be able to track their points, leaderboard ranking and unlocked multipliers through the campaign dashboard.

The company said the competition is now live and will run through the coming months, with rewards to be distributed after the campaign concludes.

The REAL Competition is scheduled to go live at 11 AM UTC.

Key takeaways

XMR is down 2% and could record further losses in the near term
The Fed’s hawkishness weighs on the broader crypto market.

Privacy coins remain under pressure amid weak risk appetite

Monero (XMR) continued its downward trajectory on Friday as bearish sentiment persisted across the cryptocurrency market. 

XMR slipped for a third consecutive session, remaining below the $330 level. 

The broader crypto market came under renewed pressure following remarks from Federal Reserve Chairman Kevin Warsh during his first post-meeting press conference on Wednesday.

While the Federal Open Market Committee (FOMC) left interest rates unchanged, in line with market expectations, investors reacted negatively to the central bank’s hawkish tone. 

Policymakers emphasized their commitment to restoring inflation to the long-term 2% target, prioritizing price stability over near-term monetary easing.

Warsh’s comments suggested the Fed remains comfortable maintaining its current policy stance and is not yet considering interest-rate cuts. Market participants have even begun pricing in the possibility of another rate increase, with current expectations implying a 30% probability of a hike at an upcoming policy meeting.

Risk appetite weakened further as the Crypto Fear & Greed Index fell to 15 on Thursday from 22 a day earlier, keeping the market firmly in the “Extreme Fear” zone. The decline highlights growing investor caution and reduced exposure to risk assets.

Monero price outlook: Correction continues below key resistance levels

Monero remains trapped below the Bollinger Bands middle line near $340 and all major Exponential Moving Averages (EMAs). 

The 50-day EMA sits around $359, while the 100-day and 200-day EMAs cluster near $366, creating a significant resistance zone overhead.

Despite the ongoing correction, technical indicators show signs of improving momentum. 

The Moving Average Convergence Divergence (MACD) histogram remains positive, while the Money Flow Index (MFI) near 65 suggests steady capital inflows. 

However, these signals currently point to corrective rebounds rather than a broader trend reversal as long as XMR remains beneath key resistance levels.

Immediate resistance is located around the Bollinger Bands’ middle line at $340, followed by the 50-day EMA near $359. 

A stronger resistance zone emerges around $367, where the 100-day and 200-day EMAs converge. Beyond that, the upper Bollinger Band near $389 represents the next major hurdle for buyers.

On the downside, support is found near the lower Bollinger Band at approximately $291. A breakdown below this level could accelerate losses and trigger a deeper retracement despite the recent improvement in momentum indicators.

Monero remains vulnerable to further downside as macroeconomic uncertainty and restrictive monetary policy continue to weigh on investor sentiment. 

While technical indicators suggest some underlying buying interest, the privacy coins must reclaim key resistance levels before a more sustained recovery can take shape.

Cardano (ADA) trades near $0.160 with weak momentum and fading buying pressure.
The key support at $0.157 is critical, with $0.13 risk if it breaks.
Oversold signals and the Leios testnet could trigger a short rebound soon.

Cardano (ADA) continues to trade under pressure, holding near the lower end of its recent range as both spot and derivatives markets reflect cautious sentiment.

The token is priced at $0.1607, down 3.2% in the past 24 hours.

Over longer timeframes, the token is down 6.1% over the past 7 days, down 35.6% over the past month, and down 73.2% in the past year, reflecting sustained downside pressure across the broader trend structure.

Daily trading activity, however, remains active, with $368.8 million in 24-hour volume.

Weak derivatives positioning and fading participation

In the derivatives market, the long-to-short ratio stands at 0.96, indicating slightly more short positions than long positions among traders.

Futures open interest is around $348 million, continuing a broader decline from mid-May levels.

This reduction in open interest signals lower speculative engagement and suggests that traders are reducing exposure rather than building conviction positions in either direction.

On-chain indicators also reflect strain in market behaviour.

The Network Realised Profit/Loss (NPL) metric has dropped sharply, showing that a large portion of recent holders have been realising losses rather than gains.

This type of activity is commonly associated with capitulation phases, where weaker holders exit positions under sustained price pressure.

Cardano technical analysis

Cardano remains below its major long-term moving averages, confirming that the broader trend is still bearish.

The altcoin’s price is trading under the 50-day, 100-day, and 200-day exponential moving averages (EMAs), which typically reinforces resistance during attempted recoveries.

The RSI (14) on the daily chart is around 31, suggesting bearish control is still present, though no longer in extreme oversold territory.

Cardano price outlook heading into the Leios testnet catalyst

A key event in the near-term outlook is the expected Leios scaling upgrade testnet around June 23.

This upgrade testnet is being closely watched as a potential catalyst for renewed activity within the Cardano ecosystem.

The current market structure at this stage remains weak, but conditions are showing early signs of compression.

Oversold readings on higher timeframes, combined with reduced selling momentum, suggest that price is approaching a decision point rather than continuing in a steady decline without interruption.

If bulls step in around the $0.157 support zone, a short-term rebound toward $0.172 remains the primary recovery scenario.

However, failure to hold this level would keep downside projections toward $0.148 and potentially $0.13 in focus, depending on how market liquidity and sentiment evolve.

Notably, a bearish flag breakdown has also been noted in recent technical assessments, a formation that typically signals continuation of an existing downtrend after a brief consolidation phase.

This adds weight to the downside risk scenario unless buyers regain control above key resistance levels.

Key takeaways

ZEC is still struggling under the $477-$500 zone. 
Although momentum indicators show signs of stabilization, Zcash remains vulnerable to further downside as investors react to persistent macroeconomic uncertainty and rising rate-hike expectations. 

Zcash (ZEC) remains under pressure on Thursday as bearish sentiment continued to dominate the cryptocurrency market. ZEC is facing mounting resistance beneath the $500 mark as investors reduce exposure to risk assets.

Fed’s policy stance causes a negative market reaction

The broader crypto market weakened following remarks from Federal Reserve Chairman Kevin Warsh during his first post-meeting press conference on Wednesday.

Although the Federal Open Market Committee (FOMC) kept interest rates unchanged, in line with expectations, investors reacted negatively to the central bank’s firm commitment to bringing inflation back to its long-term 2% target. The Fed’s emphasis on price stability signaled that policymakers are not yet prepared to pivot toward monetary easing.

Warsh’s comments reinforced expectations that higher interest rates could remain in place for longer. Market participants are even assigning a roughly 30% probability to a future rate hike, reviving concerns about tighter financial conditions and reduced liquidity for risk assets.

Investor confidence weakened further as the Crypto Fear & Greed Index fell to 15 on Thursday from 22 a day earlier, remaining firmly within the “Extreme Fear” zone. The reading highlights growing caution among traders and suggests subdued market participation in the near term.

ZEC price forecast: Zcash faces growing downside risks

Zcash has also remained on the defensive, recording three straight days of losses while trading below its 50-day EMA near $477. 

The continued inability to reclaim this level has reinforced bearish sentiment and increased the likelihood of further downside.

A sustained move lower could encourage additional de-risking among traders, placing the spotlight on key support zones near $434 and $376.

While the MACD histogram remains marginally positive, suggesting some recovery attempts may be forming, the Money Flow Index remains in the mid-40s, indicating relatively weak buying momentum compared with Monero.

The immediate resistance level remains the 50-day EMA at approximately $477. If buyers manage to regain control, attention could shift toward the upper boundary of the descending channel near $549.

On the downside, support is located near the 100-day EMA around $434, followed by the 200-day EMA near $376. 

Should bearish pressure intensify, the lower boundary of the descending channel near $279 could emerge as a critical medium-term support zone.

Shiba Inu (SHIB) trades near $0.00000476 with weak short-term momentum.
Shiba Inu burn activity has dropped to about $5 worth of SHIB daily.
SHIB’s price remains below all major EMAs, maintaining a bearish trend.

Shiba Inu is trading at $0.00000476, holding a tight range between $0.000004638 and $0.000004789 over the past 24 hours.

The memecoin has remained under pressure in recent sessions, with a -0.4% daily change, extending a broader weakness that has seen it fall 17% over the past 30 days and nearly 59% over the past year.

Market activity, however, remains elevated, with 24-hour trading volume at roughly $54.7 million.

SHIB price structure tightens as support zone comes under pressure

Shiba Inu is testing a support region around $0.0000046, while a deeper support level sits at $0.00000430.

On the upside, resistance is forming near $0.0000048, with a further barrier at $0.00000491.

Notably, SHIB is trading below all major daily exponential moving averages (EMAs), including the 10-day, 20-day, 50-day, 100-day, and 200-day EMAs.

This alignment places the broader trend firmly in bearish territory, with no short-term average currently supporting price from below.

In addition, out of 23 tracked technical indicators, 13 are bearish, 9 neutral, and only 1 bullish, giving bears roughly 57% control of the signal distribution.

The RSI (14) sits around 35.47 on the daily chart, while the weekly reading is near 35.68, both pointing to nearly oversold conditions.

While this does not confirm a reversal, it does suggest the market is approaching levels where short-term reactions have historically occurred.

A close below $0.00000455 would expose SHIB to lower support levels, while a recovery above $0.0000048 would be required to shift short-term momentum toward $0.00000507.

Burn activity and Shibarium engagement decline

Shiba Inu token burn activity has weakened significantly.

Data from the Shibburn website shows that daily burns have fallen to extremely low levels, with estimates indicating only around 1 million SHIB burned per day, valued at roughly $5.

Weekly burn totals remain similarly small, around 15 million SHIB, worth approximately $75.

At current levels, the burn activity has minimal effect on SHIB’s total supply dynamics.

The scale of the supply reduction is too small to influence price behaviour in the short or medium term, especially during periods of weak demand.

Shibarium activity has also shown limited market impact recently.

While the Layer-2 network continues to process transactions, there has been no measurable effect on SHIB price stability or upside momentum in recent trading sessions.

The lack of strong network-driven demand has left price action largely dependent on broader market sentiment and technical levels.

Exchange flows show accumulation, but price response remains weak

Exchange flow data presents a mixed picture.

CryptoQuant has stated that total SHIB exchange reserves have dropped below 80 trillion tokens.

Net outflows of approximately 266 billion SHIB in 24 hours have been recorded, suggesting that holders are moving tokens off exchanges, a behaviour often associated with accumulation or longer-term holding.

Despite this, the Shiba Inu price has not reacted strongly to the shift in flows.

SHIB continues to trade near the lower end of its recent range, indicating that buying pressure has not yet outweighed broader selling activity.

This divergence between on-chain accumulation and price response highlights a market that is still waiting for stronger confirmation from demand-side activity.