Monat: September 2025

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Dogecoin price crashes 11% as bears wipe $1.6B off the crypto market

  • Dogecoin’s price fell 11% to $0.23, with a trading range of $0.23–$0.26.
  • Despite an earlier accumulation of 4.9 billion DOGE by large holders in August, recent data shows a 6% reduction in holdings by wallets with 10 million to 100 million DOGE.
  • The launch of the first US Dogecoin ETF on September 12, 2025, failed to sustain bullish momentum.

As the cryptocurrency market faced turbulence on Monday, Dogecoin (DOGE) experienced a sharp decline of over 11% in its price.

This came as bearish sentiment drove a substantial sell-off, erasing over $1.7 billion in positions from the broader crypto market. Tokens such as Pi Network fell more than 20% in the past 24 hours.

Dogecoin price crashes

Dogecoin’s value dropped by 10%, dropping to $0.23. This decline followed a period of consolidation, with DOGE trading between $0.23 and $0.26.

DOGE’s price drop aligns with broader market weakness and analyst caution.

Despite holding around $0.23, the technical picture suggests bulls might have to defend levels below $0.20. Indeed, the $0.13 area and a potential 40% drop from current levels might be one to highlight.

DOGE price chart by CoinMarketCap

 

This bearish outlook is down to declining retail momentum.

Despite earlier optimism surrounding the launch of the first US Dogecoin ETF and significant whale accumulation of 4.9 billion DOGE in August, the current sell-off has overshadowed these bullish catalysts.

The Coin Days Destroyed indicator also signals potential further declines, as long-term holders have begun moving assets, a historically bearish sign.

DOGE price outlook as bears wipe $1.7 billion off crypto market

Bitcoin dropped to around $112k and the broader cryptocurrency market has not been spared.

Per Coinglass data, bears wiped out $1.7 billion in value as major cryptocurrencies like Ethereum and XRP struggle to maintain key psychological levels.

Dogecoin’s 11% drop within 24 hours to $0.23 contributed to the overall market downturn.

The sell-off has been made worse by weakening sentiment. Dogecoin’s futures open interest has dropped significantly as holders reduce their positions.

Data shows wallets holding 10 million to 100 million DOGE decreased their holdings by 6% in the past two months.

Despite some analysts viewing the current dip as a buying opportunity, the prevailing bearish trend suggests further volatility.

If bulls fail to bounce, Dogecoin will potentially revisit support levels at $0.22 and $0.20.

Investors might want to not only monitor technical indicators and market developments, but overall risk asset market outlook.

This means a look at the interplay of whale activity, macroeconomic factors, and ETF-driven optimism. The latter benefitted from the launch of the REX-Osprey DOGE ETF, with an upbeat uptake on debut.

However, Dogecoin’s initial reaction to the first US-listed DOGE ETF has waned. All eyes are on the upcoming deadlines for the SEC to approve or reject multiple proposals.

The post Dogecoin price crashes 11% as bears wipe $1.6B off the crypto market appeared first on CoinJournal.

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Shiba Inu price drops 6% as governance and DeFi plans advance

  • DAO participation highlights investor engagement in decisions.
  • Whale activity drives volatility with accumulation and distribution.
  • Shibarium growth supports DeFi expansion amid rising competition.

Shiba Inu (SHIB) has slipped 6% in the past 24 hours, trading at $0.00001209. The decline comes as the ecosystem prepares for a series of structural changes, including decentralised governance, token burns, and DeFi expansion.

While short-term sentiment reflects volatility, developers and investors are looking to 2025 as a year of transition.

Technical indicators present a mixed outlook, with scenarios ranging from further consolidation to sharp rallies.

At the same time, whale activity, broader crypto market conditions, and ongoing network growth continue to play a major role in determining SHIB’s price path, especially as competition intensifies across the meme coin sector.

Shiba Inu price
Source: CoinMarketCap

Shiba Inu expands governance with community elections

Shiba Inu’s developers are introducing governance reforms to move beyond its meme coin origins.

Lead developer Shytoshi Kusama recently unveiled the SHIB State presidential election, a community-driven process designed to formalise decision-making.

The election follows recent decentralised autonomous organisation (DAO) votes, which showed strong participation among investors.

By allowing token holders to shape proposals and strategic directions, SHIB is attempting to embed governance into its core ecosystem.

This shift reflects an effort to strengthen Shiba Inu’s long-term stability and increase investor engagement, with the team hoping to align community input more closely with development priorities.

Technical forecasts show both upside and downside

The latest price drop highlights SHIB’s volatility, but analysts see several possible technical paths.

The token is currently trading below near-term support levels, with projections indicating possible stabilisation around $0.0000191 if liquidity holds.

Bullish scenarios suggest a rally could push SHIB toward $0.0000315, while longer-term forecasts see potential highs at $0.00006392.

More cautious views suggest the token could trade in a range between $0.000022 and $0.000034 through late 2025 and into 2026.

If negative sentiment or weak liquidity dominates, however, SHIB could slide closer to $0.0000201, underscoring the balance of risk in the current environment and the importance of sustained investor confidence.

Whale activity adds to volatility

On-chain data shows that large holders remain influential in shaping SHIB’s price action.

Recent whale transactions have coincided with increased volatility, suggesting that accumulation or distribution by these players can spark major swings.

Analysts tracking whale wallets note that such movements often precede short-term breakouts or corrections.

Combined with ongoing token burns and governance reforms, whale participation is expected to remain a decisive factor in Shiba Inu’s performance over the coming months, keeping smaller investors highly attentive to wallet monitoring platforms.

Shibarium growth and competition from new tokens

Shiba Inu’s layer-2 solution, Shibarium, is central to its DeFi strategy.

The network is seeing growing activity in decentralised applications (dApps), alongside continuous token burns designed to reduce supply.

These efforts could support gradual long-term price stability. However, Shiba Inu faces competition from newer tokens such as Little Pepe, which are drawing attention for faster short-term gains.

While SHIB’s ecosystem is expanding, its ability to maintain momentum depends on adoption, community governance, and the effectiveness of its DeFi initiatives in 2025, especially as rival meme coins attempt to capture similar market share with more aggressive campaigns.

The post Shiba Inu price drops 6% as governance and DeFi plans advance appeared first on CoinJournal.

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Pi Network price forecast as crypto bloodbath sinks altcoins

  • Pi Network price fell more than 20% to $0.28, with an intraday low of $0.22.
  • Declines came amid a bloodbath across crypto, with Bitcoin falling to near $112k.
  • Over the coming weeks, the key levels to watch will be $0.28–$0.22 area.

Pi Network (PI) has crashed more than 20% in the past 24 hours as a major crypto downswing has top altcoins bleeding.

The PI token price now hovers around $0.28 after dropping below the key level of $0.30 amid Bitcoin’s sharp decline to near $112k.

Amid a sector-wide sell-off, is PI’s trajectory set for further pain? Or can bulls defend critical thresholds in the short term?

Pi Network nosedives 20% to key support

Pi Network’s PI token plummeted more than 20% on September 22, 2025, settling near $0.28 at the time of writing.

The altcoin’s price tested lows of $0.22, an all-time low for a cryptocurrency that spiked to highs of $1.24 in May and hit its all-time high near $3.00 in February 2025.

PI price chart by CoinMarketCap

Declines have propelled the PI token to a pivotal support zone around the $0.28–$0.30 zone.

This downside has come amid a sharp ascent in daily trading volume, a scenario that points to the frantic activity as bulls look to the dip and bears eye fresh lows.

Notably, Pi Network’s downturn mirrors a brutal market rout.

Most major coins were bleeding red as Bitcoin crashed to near $112,000, and the global crypto market saw over $1.7 billion in value wiped off in one of the steepest price dips in months.

Per Coinglass data, more than $1.7 billion was liquidated across the cryptocurrency market in 24 hours.

Most of this, about $1.61 billion, was in long positions and only $85.8 million in short positions.

Bitcoin and Ethereum saw $276 million and $483 million in 12-hour liquidations, respectively.

As Ethereum dropped to near $4,100, down more than 6% on the day, other altcoins followed suit.

Solana shed 8%, XRP nearly 7% and Dogecoin stumbled to near $0.23.

Despite broader optimism, macroeconomic jitters allowed for a bearish flip.

Analysts attribute the cascade of bloodbaths across leveraged positions to panic selling.

PI price forecast – short-term outlook

The market’s performance paints a likely short-term picture for Pi Network.

Notably, technical indicators signal potential for prolonged consolidation or mild recovery if support holds.

Over the coming weeks, the key levels to watch will be $0.28–$0.22 area, with subdued on-chain activity adding to this outlook.

However, a bullish reversal might emerge if top alts and Bitcoin see a notable spike and prices stabilise above key levels.

Recent ecosystem upgrades like token lock-ups for enhanced mining rewards and decentralised KYC are likely catalysts.

The flipside is that bears take control and push for the $0.20 region.

The post Pi Network price forecast as crypto bloodbath sinks altcoins appeared first on CoinJournal.

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IMX to bounce back above $0.80 despite bearish PA: Check forecast

Key takeaways

  • IMX is down 8.8% in the last 24 hours and briefly dropped below $0.70.
  • The coin could surge past the $0.80 resistance level soon if the market recovery persists.

IMX dips below $0.70 despite Immutable launching its mobile gaming division

IMX, the native coin of the Immutable ecosystem, has lost nearly 10% of its value over the weekend. The coin was trading around $0.90 on Friday but has since dropped and now trades around $0.7100 per coin.

The coin briefly dropped below $0.70 on Monday after the flash dump that saw Bitcoin dip below $112k. However, it has slightly recovered and now trades around $0.71 per coin.

IMX’s bearish performance comes despite Immutable launching its mobile gaming division. The Immutable team announced this latest development on Friday, adding that the division will target mainstream users on mobile with new growth products, expertise, and investments.

Furthermore, Web3 games on the Immutable blockchain can now link to external crypto payments without incurring a 30% fee.

IMX targets $0.80 amid bearish price action

The IMX/USDT 4-hour chart is bearish and efficient thanks to the coin underperforming over the weekend. The technical indicators have also switched bearish as sellers dominate the market.

The MACD lines are about to crossover into the negative territory, suggesting a switch to bearish price action. The RSI of 48 means it is below the neutral 50, indicating that sellers are in control.

IMX/USD 4H Chart

If the bearish trend continues, IMX could drop to the $0.614 support level in the near term. However, the support level at $0.690 is currently holding strong.

On the flip side, if the market embarks on a strong recovery, IMX could target the first major resistance level at $0.867. An extended bullish run would allow IMX to surpass last week’s high of $0.97.

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XRP falls 6% to $2.81 as bearish channel signals more downside

  • Descending channel signals sustained bearish momentum with sellers in control.

  • $2.58 EMA emerges as the next critical support to watch.

  • Low trading volumes highlight weak buyer conviction and fragile sentiment.

XRP has fallen to $2.81, marking a 6.01% decline in the latest session. The cryptocurrency continues to struggle under persistent selling pressure, with its price action locked in a descending channel.

The break below the key $3 threshold has weakened sentiment further and raised the risk of deeper retracement in the coming sessions.

The fall reflects not just a psychological setback, but also the continuation of a broader downward pattern that has been in play for weeks. Lower highs have repeatedly forced XRP into tighter ranges, leaving traders cautious about entering long positions.

With subdued trading volumes and no significant signs of a bullish reversal, the latest slide underscores the fragility of its current position in the market. Unless momentum shifts soon, XRP could remain on the defensive with downside targets still in play.

XRP price
Source: CoinMarketCap

Descending channel signals extended weakness

XRP has been trading within a downward-sloping channel for weeks, with lower highs steadily compressing price movement.

Every attempt at recovery has been rejected at resistance levels, reinforcing the bearish structure.

The channel has also narrowed to the point where smaller price swings reflect reduced trader confidence, suggesting that a strong move in either direction may be imminent.

The recent slide to $2.81 adds weight to the pattern, suggesting that sellers remain in control. The 200-day EMA, trending downward at around $2.58, is now the next key support.

If downward momentum builds, XRP could test the $2.80 zone again or slip closer to $2.50 in the short term.

A failure to defend these levels could leave the market exposed to even deeper losses, especially if broader crypto sentiment weakens at the same time.

Indicators point to more downside

Technical indicators underline the pressure on XRP. The RSI remains neutral at 39.55, showing that XRP has scope for further declines before oversold conditions emerge.

This means sellers still have room to drive the price lower without triggering a rebound.

The moving averages also offer little relief, with the short-term trend lines pointing down and the longer-term averages continuing to tilt lower.

For the trend to reverse, XRP would need to break decisively above $3.10–$3.20, which marks the upper boundary of the channel. Without such a move, the path of least resistance remains downward.

Traders are also monitoring momentum indicators for signs of divergence, which could signal whether current weakness is losing strength, but for now no such signals have appeared.

Low volumes highlight weak conviction

Trading volume has also been subdued, amplifying the weakness. Recent rallies have lacked conviction, with buyers hesitant to re-enter the market at current levels.

This absence of strong participation suggests that confidence in XRP’s ability to sustain higher prices remains low.

Short-lived bursts of activity have not been enough to counter consistent selling, and the lack of depth in the order books makes the price vulnerable to sharper moves when pressure builds.

Until buyers return with enough strength to sustain momentum, XRP is likely to remain under pressure inside its bearish channel.

Analysts are closely watching liquidity across exchanges, as thin volumes may make support levels less reliable in the days ahead.

XRP struggles below key level

The decline to $2.81 highlights how weak technicals and low volume are shaping XRP’s short-term performance.

Unless the token can reclaim and hold above the $3 mark with stronger demand, it faces the risk of moving closer to $2.50.

Traders will be watching support at $2.58 closely, as further losses could erase much of its earlier recovery gains.

A sustained move back above $3.20 would be required to signal a change in trend, but with current momentum still favouring sellers, XRP remains in a fragile position.

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