Dogecoin

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrencies-face-continued-decline-with-short-term-trends-uncertain/" data-wpel-link="internal">Cryptocurrencies Face Continued Decline with Short-Term Trends Uncertain</a><br></p>
<p style="text-align: justify"><strong>Cryptocurrencies</strong> could not recover from the decline that started on Friday, and the short-term trend direction will be determined in the next 24 hours. The likelihood of a rate cut before December has significantly weakened. The scenario is moving towards the possibility that even a 50bp cut may not happen, despite the <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">Fed</a>‘s 75bp cut prediction. The May inflation <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">data</a> will be a critical trigger. So, which among BONK, PEPE, DOGE, and BOME Coin might be attractive for buying during the decline?</p> 
<h2 style="text-align: justify" id="bonk-price-prediction">BONK Price Prediction</h2> 
<p style="text-align: justify">The <strong>BONK Coin price</strong>, which turned down from the $0.0000292 resistance, is now about to return to the $0.0000218 base. The popular meme coin was also moving significantly in sync with the <a href="https://en.coin-turk.com/solana-network-restored-after-outage/" data-wpel-link="internal">Solana</a> (SOL) price. This relaxation means more weakness for BONK Coin. If there is no bounce from the base support, the decline could continue to $0.0000138. For now, it is risky due to the possibility of breaking the short-term uptrend downwards. Investors advancing with stops at the first support could profit from a possible bounce from the support.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-361423 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/BONKUSDT_2024-06-12_00-24-23.png" alt="" width="1814" height="836"></p> 
<h2 style="text-align: justify" id="pepe-coin-commentary">PEPE Coin Commentary</h2> 
<p style="text-align: justify">The popular <strong>altcoin</strong> that maintains the $0.0000118 support still has the potential to test the ATH level. If the bounce here grows with developments in the coming hours, the $0.0000147 region can be reclaimed with closures above $0.0000130. The outlook here is more optimistic compared to <strong>BONK Coin</strong>.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-361424 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/PEPEUSDT_2024-06-12_00-28-48.png" alt="" width="1814" height="836"></p> 
<h2 style="text-align: justify" id="doge-price-prediction">DOGE Price Prediction</h2> 
<p style="text-align: justify"><strong>DOGE</strong> bulls struggled to maintain $0.153, but this region was lost. Now the Dogecoin (DOGE) price is likely to make new lows at $0.124 and $0.116. Below this, the gradual decline could continue to the $0.0837 threshold where the rise began.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-361425 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/DOGEUSDT_2024-06-12_00-31-11.png" alt="" width="1815" height="836"></p> 
<h2 style="text-align: justify" id="bome-coin-price-commentary">BOME Coin Price Commentary</h2> 
<p style="text-align: justify">For <strong>BOME Coin</strong>, which fell below the $0.0103 support, we can say that new lows are now open. Even though we saw a spike close to $0.0095, it is difficult to prevent bears eager for the lowest levels after the Binance listing. In the scenario where sales continue, the Binance ATL level of $0.00816 and the $0.00729 range can be reached.</p> 
<p style="text-align: justify"><img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-361426 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/BOMEUSDT_2024-06-12_00-41-02.png" alt="" width="1815" height="836"></p> 
<p style="text-align: justify">At the time of writing, <strong>GBTC</strong> reported a net outflow of around $120 million. If the panic in the ETF channel is strong and the inflation data is also bad, bears might start celebrating.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/cryptocurrencies-face-continued-decline-with-short-term-trends-uncertain/" data-wpel-link="internal">Cryptocurrencies Face Continued Decline with Short-Term Trends Uncertain</a></h5>

Cryptocurrencies Face Continued Decline with Short-Term Trends Uncertain

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