Dogecoin Consolidates As Retail Meme-Token Demand Cools
July 17, 2026
There were two imbalances (white) on the daily chart that were likely to be tested as supply zones next.
Traders should not be looking to go long, though a price bounce appeared likely.
The negative Funding Rates and spot ETF flows reflected how demand for Ethereum could not outweigh the selling pressure.
The $0.26-$0.27 demand zone has been demonstrated to be a strong demand zone.
Bulls threatened a breakout in early January, but it did not succeed.
Holders and investors can remain bullishly biased. For now.
The daily RSI has been hovering around 20 since last Thursday, showing extreme oversold conditions.
Bitcoin volatility could take SUI back above the $1.02 local resistance.
The Open Interest fragmentation away from Binance could have a big say in how high Cardano can rally.
The liquidation clustered around the $72k area over the past three days has been swept, but the Bitcoin price did...
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© 2018 JNews by Jegtheme.