Dogecoin Elliott Wave analysis - eyes at 0.13 support zone

Bitcoin is falling sharply
Altcoins may fall down into a wave C of (B)
Dogecoin looks lower at 0.13 support area

Gregor Horvat Wavetraders

As per Elliott Wave analysis, Crypto currencies are moving perfectly as expected and there is no need to say anything, pictures say it all.

Bitcoin is falling sharply after the final wave E and Ripple, XRP is trying to turn down after only a three-wave corrective recovery, while other major ALTcoins may fall down into a wave C of (B) as part of flat correction.

So, bears are still here and watch out for more intraday weakness today and maybe even during the weekend.

Dogecoin, DOGEUSD failed to make a bigger recovery, so bears are probably still here and we are still tracking a bearish triangle formation within wave »b«, so watch out for more weakness towards projected 0.13 support area for wave »c«.
DOGEUSD 4h Elliott Wave Analysis Chart

Author

Gregor Horvat

Wavetraders

Experience Grega is based in Slovenia and has been in the Forex market since 2003.

Ripple falls below $1.20 despite Africa stablecoin payments push

XRP corrects to trade below $1.20 following early-week rejection at $1.28 and broader crypto market weakness. XRP remains under pressure from declining major moving averages, undermining the MACD buy signal.

Crypto Today: Bitcoin, Ethereum, XRP trim breakout gains as focus shifts to Fed decision

Cryptocurrency prices broadly decline as investors show caution toward risk assets ahead of the Fed's interest rate decision on Wednesday. Bitcoin (BTC) holds around $65,000 after correcting from its Monday high of $67,292.

Ondo Price Forecast: Multiple trendline rejections, fading bullish momentum warn of a steeper correction

Ondo price hovers around $0.3700 at press time on Wednesday, maintaining a broader corrective phase under the influence of a resistance trendline. Retail demand for ONDO remains firm, driven by the tokenization trend for traditional stocks and other Real World Assets.

Bitcoin steadies near $66,000 as markets await first Warsh-led Fed decision

Bitcoin steadies near $66,000 at the time of writing on Wednesday as investors await the Fed’s interest rate decision. Institutional demand shows slight improvement as spot Exchange Traded Funds recorded a mild inflow on Tuesday, after weeks of outflows.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.