Monat: Juni 2026

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Dogecoin slides below $0.08 as bearish signals intensify across markets

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.

DOGE/USD 4H Chart

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.

The post Dogecoin slides below $0.08 as bearish signals intensify across markets appeared first on CoinJournal.

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XRP dips to $1.10 as Ripple secures preliminary MiCA approval

Key takeaways

  • Luxembourg’s financial regulator has granted Ripple preliminary approval for a Crypto Asset Service Provider (CASP) license under the European Union’s Markets in Crypto-Assets Regulation (MiCA).
  • XRP is down by nearly 4% in the last 24 hours and now trades at $1.10 per coin. 

Luxembourg regulator grants Ripple CASP green light

Luxembourg’s financial regulator has granted Ripple preliminary approval for a Crypto Asset Service Provider (CASP) license under the European Union’s Markets in Crypto-Assets Regulation (MiCA), the company confirmed on Tuesday.

Once fully approved, the license will enable Ripple to provide regulated crypto services to banks, fintech firms, and other businesses across all 30 countries in the European Economic Area (EEA) through a single regulatory passport system.

The CASP approval expands Ripple’s existing regulatory footprint in Europe. The company already holds an Electronic Money Institution (EMI) license in Luxembourg, which allows it to offer cross-border payment and electronic money services throughout the EEA.

Together, the EMI and upcoming CASP authorization are expected to support a unified infrastructure for crypto asset and stablecoin-based payments across Europe.

The timing of the development is notable, coming just ahead of the July 1 transition deadline, when EU member states begin fully enforcing MiCA regulations.

According to Ripple, the combined regulatory approvals will enable the company to deliver a “full crypto asset and stablecoin payments infrastructure” through a single integration.

The firm also said the approval positions it to expand its broader crypto services across Europe, which it described as one of its most important growth regions.

Cassie Craddock, Managing Director for the UK and Europe at Ripple, said MiCA is already accelerating institutional adoption of digital assets across the region.

Ripple now holds more than 75 regulatory licenses worldwide, reinforcing its push toward regulated global expansion.

In addition to its EU progress, the company also secured a UK license from the Financial Conduct Authority in January 2026, further strengthening its position in key financial markets.

XRP could dip below $1.0 as the market sentiment remains bearish

The XRP/USD 4-hour chart remains bearish and efficient as Ripple has lost 4% of its value in the last 24 hours.

At press time, XRP is trading at $1.10 and could drop lower in the near term. The momentum indicators show that the bulls are in control of the market.

The MACD lines are below the neutral zone, while the RSI of 32 shows that XRP is heading into the oversold territory.

XRP/USD 4H Chart

If the bearish trend persists, XRP could retest the June low of $1.05, with lower demand zones at the $0.98 level. 

However, if the bulls regain control, XRP could rally towards the Monday high of $1.16. A daily candle close above this level could see XRP target the $1.23 resistance zone.

The post XRP dips to $1.10 as Ripple secures preliminary MiCA approval appeared first on CoinJournal.

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Bitcoin remains under pressure below $63K as US-Iran negotiation uncertainty persists

Key takeaways

  • Bitcoin remained under pressure after Iran announced that it would not permit inspectors from the International Atomic Energy Agency (IAEA) to access its damaged nuclear facilities, 
  • The leading cryptocurrency has dropped to the $62,300 level, down 3.5% in the last 24 hours. 

Bitcoin (BTC) continued to trade below the $63,000 level on Tuesday as mixed signals from the United States and Iran regarding nuclear negotiations kept geopolitical tensions elevated. At the same time, ongoing institutional selling and continued outflows from spot Bitcoin exchange-traded funds (ETFs) limited the cryptocurrency’s upside potential despite diplomatic efforts.

Conflicting US-Iran signals weigh on market sentiment

Bitcoin remained under pressure after Iran announced that it would not permit inspectors from the International Atomic Energy Agency (IAEA) to access its damaged nuclear facilities, raising fresh concerns about the progress of ongoing negotiations.

Iranian Foreign Ministry spokesperson Esmaeil Baghaei stated that no meeting had taken place between Iranian officials and IAEA Director General Rafael Grossi in Switzerland. The comments contradicted earlier remarks from US Vice President JD Vance, who suggested the talks included agreements related to IAEA inspections.

“There was no protocol for such inspections,” Baghaei said.

While US President Donald Trump and Vice President Vance have expressed optimism about the progress of nuclear discussions, Iranian officials maintain that no new commitments have been made. The conflicting narratives have renewed uncertainty surrounding negotiations between Washington and Tehran, encouraging investors to remain cautious and reducing appetite for risk assets such as cryptocurrencies.

Markets may also experience heightened volatility due to a major quarter-end portfolio rebalancing event.

Analysts at JPMorgan estimate that institutional investors could sell approximately $165 billion worth of equities while purchasing a similar amount of bonds before the end of the second quarter. Such a large-scale asset reallocation would represent the biggest shift in at least four years and could create significant volatility across multiple asset classes.

Institutional demand for Bitcoin continues to weaken as spot Bitcoin ETFs recorded additional outflows at the start of the week.

Data from CoinGlass shows that spot Bitcoin ETFs experienced net outflows of $68.30 million on Monday, following $226.84 million in withdrawals during the previous week. The latest figures mark the sixth consecutive week of net outflows.

Although Monday’s withdrawals were smaller than those recorded in recent weeks, the persistent trend continues to weigh on Bitcoin’s price outlook. Analysts warn that a further acceleration in outflows could trigger a deeper correction in the market.

Bitcoin price outlook: $64K remains key resistance

Bitcoin was trading near $62,350 at the time of writing, maintaining a bearish short-term outlook as the asset remains below several key Exponential Moving Averages (EMAs).

The cryptocurrency faced rejection at the important horizontal resistance level of $64,004 on Monday, highlighting the market’s inability to sustain upward momentum.

Technical indicators present a mixed picture. The Relative Strength Index (RSI) remains subdued near 34, signaling weak momentum. 

However, the Moving Average Convergence Divergence (MACD) histogram remains in positive territory, suggesting that selling pressure may be easing rather than accelerating.

On the upside, Bitcoin’s first major hurdle remains the $64,004 resistance level. A successful breakout could open the door for a move toward the 50-day EMA at $68,821 and the 100-day EMA at $71,922.

BTC/USD 4H Chart

Beyond these levels, the 200-day EMA at $77,528 and the horizontal resistance zone near $84,410 represent significant medium-term barriers.

On the downside, traders are closely monitoring the psychological $60,000 level. A decisive daily close below this support could trigger a deeper corrective phase and increase downside risks in the near term.

The post Bitcoin remains under pressure below $63K as US-Iran negotiation uncertainty persists appeared first on CoinJournal.

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Hedera (HBAR) price compresses in tight range as breakout nears

  • 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.

Hedera price chart

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.

The post Hedera (HBAR) price compresses in tight range as breakout nears appeared first on CoinJournal.

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Solana price reclaims $74, nearing a major breakout zone

  • Solana (SOL) is stuck between $72 support and $76 resistance.
  • Solana’s price action shows a tight range with possible short-term rejection risk.
  • $90 remains the key breakout level for a stronger bullish move.

Solana has moved back above the $74 level after a period of sideways trading, putting the asset close to a key technical zone that traders have been watching for several days.

The latest gains come after a gradual recovery from the lower $70 range, where price repeatedly found support before pushing higher.

Is this a correction within a larger bearish trend?

Recent price action shows Solana compressing inside a well-defined range between $62.08 and $76.00.

This range has become the main battleground for buyers and sellers, with repeated reactions near both ends.

On the lower side, support has been consistently observed around $69.50 and $62.08, where buying interest has prevented deeper declines.

On the upper side, resistance is clustered between $76.00 and $83.00, a zone that has rejected multiple upward attempts in recent sessions.

Solana price chart

Some short-term technical analysis, however, suggests that the current upward move may still be part of a broader corrective phase within a larger bearish structure.

Market analysis highlights the possibility of a short squeeze toward the $76 region, followed by a rejection if bulls fail to maintain momentum above resistance.

If price is rejected from this zone, downside pressure could return quickly, with initial support at $69.50, followed by the lower boundary near $62.08.

The $76–$90 range is now the key decision area

While short-term resistance sits near $76, higher timeframe analysis places a more important threshold at the $90 level.

This zone has been highlighted as a structural breakout point that could determine whether Solana transitions into a stronger upward trend or remains in consolidation.

A move above $90 could open room toward the $100 to $114 range, which has been identified as the next liquidity zone on higher timeframes.

However, failure to break this level would likely keep price action trapped in a broader corrective environment.

At the same time, one technical interpretation suggests that the current movement is still part of a countertrend rally within a wider bearish cycle in the crypto market.

Under this scenario, upward moves into resistance zones are viewed as temporary expansions designed to capture liquidity before potential reversals.

This conflict between breakout potential and bearish continuation has created a split in analyst expectations.

The $90 level now acts as the line between the continuation of the recovery and renewed consolidation.

Morgan Stanley’s Solana ETF adds a layer of optimism

Beyond technical levels, institutional developments are also shaping sentiment around Solana.

Morgan Stanley has reportedly advanced filings for proposed spot Solana and Ethereum exchange-traded funds (ETFs, with a proposed management fee of 0.14%, which would place them among the lowest-cost crypto ETF proposals currently under consideration.

The structure of these proposed products includes staking mechanisms, in which a large portion of staking rewards would be returned to investors after operational costs are covered.

Although these ETFs are not yet approved, the filings signal increasing institutional interest in structured Solana exposure through regulated financial instruments.

The post Solana price reclaims $74, nearing a major breakout zone appeared first on CoinJournal.