COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Market Trends Reveal Alarming Declines for SHIB, DOGE, and PEPE Coins
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Technical Analysis > Market Trends Reveal Alarming Declines for SHIB, DOGE, and PEPE Coins
Technical Analysis

Market Trends Reveal Alarming Declines for SHIB, DOGE, and PEPE Coins

In Brief

  • Bitcoin and altcoins face significant losses in the current market downturn.

  • SHIB, DOGE, and PEPE coins show alarming declines and potential new support levels.

  • Market sentiment remains negative, raising concerns for future price stability.

Ömer Ergin
Ömer Ergin 5 months ago
Share
SHARE

Bitcoin $105,739 is facing a challenging market at $99,500, while altcoins struggle with double-digit losses. SOL Coin, which recently hit an all-time high, has plummeted to the $220 range. Notably, SHIB has fallen by 8% and DOGE by 9%, reinforcing the bearish trend that has gripped the market over the weekend. The situation reflects the ongoing nightmare for altcoins in this bearish climate.

Contents
SHIB Coin AnalysisDogecoin (DOGE) Insights

SHIB Coin Analysis

As the second-largest meme coin by market cap, SHIB has dipped below the critical support level of $0.00001857. Should this downward trend continue, it may reach the $0.00001601 mark. The parallel channel support stands at $0.00002080, making recovery appear challenging for BTC. In the event of a rebound, reclaiming the channel support might indicate a future test at $0.00002938.

If the DeepSeek incident triggers deeper corrections, new lows between $0.00001241 and $0.00000873 could be on the horizon.

Dogecoin (DOGE) Insights

DOGE has lost a critical support level at $0.33. Bulls are now working to maintain the $0.30 support; losing this could lead to declines toward $0.27. The sentiment in the market has negatively impacted DOGE, alongside struggles with new meme coins. If excessive selling occurs, a series of losses could extend between $0.27 and $0.23.

While historical data suggests that rising fear often precedes significant upswings, there are no guarantees of replicating past cycles.

Having dropped 35% from its peak, DOGE must establish a bottom at current levels, or the risk of larger declines will increase.

As SOL Coin prices have melted away and ETH has fallen to $3,000, who can sustain PEPE Coin? The loss from its peak has approached 60%. PEPE Coin has failed to maintain the previously mentioned support level of $0.00001448 and is now trending toward a bottom of $0.00001199. Should selling continue, a target of $0.00001029 may be within reach.

Further losses in an upward trend may cause concern regarding the health of the cycle.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Bitcoin Stirs Anticipation as Market Dynamics Shift

Bitcoin Reclaims Its Ground Amid Global Peace Signals

Crypto Market Reacts Strongly to Geopolitical Developments

Bitcoin Faces New Challenges as Global Tensions Rise

Will Trump Shake the Markets? Tensions with Iran and Cryptocurrency Predictions

Ömer Ergin 27 January, 2025 - 10:35 pm 27 January, 2025 - 10:35 pm
Share This Article
Facebook Twitter
Share
Previous Article Why Are Cryptocurrencies Falling Despite Government BTC Sales Ceasing?
Next Article Market Trends Show Dramatic Drops for SOL, XRP, and ADA Coins
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Bitcoin Stirs Anticipation as Market Dynamics Shift
Technical Analysis
Exciting Developments in Crypto: Powell’s Statements and Chainlink-Mastercard Collaboration
Cryptocurrency News
Discover Exciting Developments in the Crypto Landscape Today
Binance
US Consumer Confidence Report Triggers Positive Moves in Crypto Markets
Economy
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?