Not What It Seemed: Binance Quietly Moved 200M XRP and 300M DOGE Internally
On Monday, as the cryptocurrency market faced another sharp downturn, two eye-popping transfers involving 200 million XRP and 300 million Dogecoin captured the community’s attention. These significant transactions appeared to involve unmarked wallets moving massive crypto sums to Binance, the world’s largest cryptocurrency exchange by volume. Initially, many speculated that a large-scale investor, or whale might be cashing out amid the broader sell-off. Bitcoin had tumbled to $76,000 earlier that day, sparking double-digit losses across several altcoins. Notably, XRP and Dogecoin suffered over 9% corrections during the same period, adding fuel to the rumor mill. Whale Alert Rings the Bell On Monday, the renowned blockchain monitoring service Whale Alert took to X (formerly Twitter) to spotlight the two transactions. The first transfer involved 300 million DOGE, valued at approximately $41.7 million. The wallet address “DU8gPC” executed the transaction at 9:52 AM UTC. Just two seconds later, a second transaction surfaced. This time, 200 million XRP, worth a staggering $354.6 million—moved from wallet address “rPz2qA” to another Binance address. Despite originating from two seemingly unrelated wallets, the synchronized timing piqued interest among analysts and traders alike. The Catch: On-Chain Data Tells a Different Story Although these transactions initially looked like external whale movements, further investigation revealed they were, in fact, internal. Using Arkham Intelligence and Bithomp analytics, researchers traced the origins of both sending wallets back to Binance itself. Arkham’s platform identified “DU8gPC” as one of Binance’s cold Dogecoin wallets, while the receiving address was a Binance hot wallet used for facilitating trades and withdrawals. Similarly, Bithomp traced the XRP wallet “rPz2qA” back to a Binance-controlled address activated in December 2023. That wallet has since stored and moved substantial amounts of XRP on behalf of the exchange. Why Binance Moves Assets Internally Exchanges like Binance routinely shift assets between cold and hot wallets. Cold wallets are secure storage solutions, keeping large sums offline to mitigate hacking risks. On the other hand, hot wallets hold crypto that is readily available for trading and withdrawals. When a spike in trading activity or liquidity demand is expected, exchanges often move tokens from cold storage to hot wallets. This was likely the motive behind Monday’s movements. Rather than indicating panic selling, these transactions were strategic liquidity boosts. Such internal shuffles are not unprecedented. In September 2024, Binance moved 95 million XRP, worth $50 million, between two of its wallets. A similar transaction occurred in August involving the same XRP-sending address from Monday’s event. Back then, Binance moved $39 million worth of XRP to the same hot wallet used this week. Related article: XRP Price Plunges as Market Cap Loses $20 Billion in a Day Amid SEC Silence Price Reaction and Current Market Sentiment Despite the panic sparked by the initial alert, the actual nature of these transfers has calmed fears of a massive selloff. Still, the market continues to reel from broader losses. As of writing, XRP trades at $1.89, while Dogecoin holds at $0.1452, each down by over 9% in the last 24 hours. Understanding these wallet movements provides clarity amid the noise. While it’s easy to assume the worst during market dips, on-chain data again proves invaluable for discerning real activity from speculative panic.
Dogecoin Battles Resistance: Can It Reignite Bullish Momentum?
Dogecoin appears to be stabilizing at its current price levels, hinting at a potential end to its recent downtrend. Analysts are speculating whether this stability signals the start of a recovery or if further declines are still likely. Currently, DOGE trades below its 50-day EMA (Exponential Moving Average), positioned at approximately $0.36, reflecting its struggle to regain bullish momentum. RSI Suggests Limited Selling Pressure The Relative Strength Index (RSI), hovering near 42, indicates limited selling pressure despite the recent price drops. While the RSI remains above oversold territory, the potential for further declines cannot be ignored. Earlier in December, DOGE’s price broke below its ascending channel, shifting into a descending structure. This breakdown has introduced a more bearish outlook for the asset in the short term. Related article: Can Dogecoin (DOGE) Hit $1 by 2025? DOGE is now approaching its 100 EMA, located near $0.28, which could act as a crucial support level. If the price breaks below this point, the 200 EMA, at around $0.22, becomes the next significant level to monitor. A breach at this level could signal a major trend reversal, causing further bearish sentiment in the market. Resistance Levels for a Bullish Rebound To trigger a bullish recovery, DOGE must surpass the 50 EMA at $0.36. Breaking this barrier could lead to a test of the upper resistance zone between $0.38 and $0.40. Historically, this range has been a significant hurdle for DOGE during previous rallies. Source: CoinMarketCap The RSI reflects a neutral stance, suggesting that DOGE is neither overbought nor oversold. This aligns with the market’s current sideways movement, indicating indecision and a wait for a clear directional signal. Traders should closely monitor the price’s interaction with the 100 EMA and the RSI. A bounce from the 100 EMA could spark recovery optimism, but failure to hold this level may invite renewed selling pressure. Related article: Dogecoin to Reach $4: Analyst Predicts End of Correction and Breakout Timeline Dogecoin’s price action remains at a critical juncture. While stabilization offers hope for recovery, key support and resistance levels will determine its next move. Traders must stay vigilant as DOGE navigates this pivotal phase.
Dogecoin Plunges Below $0.22 – Is a 12% Rebound Possible?
Dogecoin (DOGE) has seen dramatic price swings, leaving traders uncertain about its next move. After breaking out from a symmetrical triangle pattern, DOGE failed to sustain momentum and dropped to $0.2123. This decline has sparked concerns about market stability and the token’s future. A Breakout That Backfired Dogecoin seemed ready for a rally, but reality struck hard. The breakout from its symmetrical triangle, which ranged between $0.236 and $0.224, initially suggested a bullish run targeting $0.197. However, momentum faded quickly, and key indicators confirmed a bearish reversal. The failed breakout left traders questioning the token’s next move. Bearish Indicators Signal More Trouble The charts reveal a troubling picture for DOGE. Fibonacci retracement levels show that the token struggled to stay above the crucial 61.8% retracement level at $0.218, signaling strong selling pressure. The MACD line crossing below the signal line reinforced the bearish outlook, hinting at further losses. The Cumulative Volume Delta (CVD) surged to -7.64B, indicating intense selling pressure that solidified the downtrend. Are Traders Losing Confidence? Market sentiment plays a crucial role in price movements, and DOGE’s trading activity suggests growing uncertainty. Over the past 24 hours, DOGE saw outflows of -3.1M, meaning more traders are selling than buying. The drop below $0.22 coincided with this surge in selling, signaling reduced confidence in a near-term recovery. If this trend continues, DOGE may struggle to regain lost ground. Market Stability or Further Decline? DOGE’s 4-hour chart reveals a sharp decline in volatility. The Volatility Index fell to 0.23155, suggesting traders are adopting a wait-and-see approach. With DOGE stabilizing around $0.2123, it remains unclear whether the token will consolidate before rebounding or face another downturn. If volatility remains low, the price may continue hovering at current levels before traders make their next move. What’s Next for DOGE? Dogecoin faces an uphill battle as bearish signals persist. Declining netflows, reduced volatility, and strong selling pressure suggest a possible test of the $0.20 support level. Broader market trends, particularly in the meme coin sector, will influence whether DOGE recovers or dips further. If buyers step in, DOGE might see a short-term rebound, but sustained growth remains uncertain. Read Also: Dogecoin (DOGE) Faces 5% Drop: Will It Plummet Below $0.20? Dogecoin’s price action presents both risks and opportunities. Risk-tolerant investors may see this dip as a buying opportunity before a potential rebound. However, cautious traders may prefer to wait for confirmation of a trend reversal. Observing key support and resistance levels will be crucial in determining DOGE’s next move.
Dogecoin Battles Key Resistance: Will $0.40 Hold or Break?
Dogecoin (DOGE), the popular meme-inspired cryptocurrency, stands at a pivotal point as it approaches a crucial resistance level. According to crypto analyst Ali Martinez, DOGE is currently battling resistance at $0.40. A sustained breakout above this level could pave the way for further gains, attracting increased buying interest. Martinez highlights that if DOGE manages to hold above $0.40, it could trigger a bullish signal. In this scenario, Dogecoin might aim for $0.43, potentially setting the stage for a stronger upward momentum. Downside Risks: Support Levels to Monitor However, failure to break past the $0.40 resistance may lead to another decline. The immediate support levels to watch are $0.36 and $0.34. Related article: Can Dogecoin Reach $1? Analysts Predict a 120% Surge for DOGE A dip below these points could indicate bearish sentiment, at least in the short term. Such a move might prompt further losses, pushing the price toward the $0.30 mark. Recent Price Action and Future Outlook In today’s session, Dogecoin attempted to breach the $0.40 mark but fell short, hitting intraday highs of $0.399. Despite this, DOGE rebounded, trading at $0.394 at the time of writing—up 4.16% in the last 24 hours. This recovery follows a dip to $0.364 during Tuesday’s sell-off. Over the next few days, traders will closely watch whether DOGE can break above or fall below the $0.40 level. Related article: Dogecoin Struggles at $0.40: Will It Reclaim Its Monthly High? A successful breakout could push Dogecoin to retest its yearly high of $0.48. If bullish momentum strengthens, DOGE might target $0.50 and eventually $0.59. Conversely, a drop below $0.36 and $0.34 could signal a loss of bullish control, triggering a deeper correction. In a positive turn for DOGE, Valour, a cryptocurrency fund issuer, has launched the first Dogecoin exchange-traded product (ETP). This ETP will trade on Sweden’s Spotlight Stock Market, offering both retail and institutional investors regulated exposure to Dogecoin. This development could enhance DOGE’s appeal and provide additional support for its price in the coming months. As Dogecoin hovers near critical levels, traders and investors should remain alert to potential shifts in momentum.
Dogecoin to Reach $4: Analyst Predicts End of Correction and Breakout Timeline
A timeline for Dogecoin’s breakout has been provided by a market analyst, who based the forecast on historical trends. Significant declines have been triggered for the meme coin as part of its ongoing pullback. Historically, Dogecoin rallied following the U.S. presidential election held on Nov. 5. Excitement in the crypto community was sparked when pro-crypto candidate Donald Trump won the election. By Dec. 8, Dogecoin’s value rose to $0.48. However, as the broader market corrected, DOGE’s price dropped 36% within two weeks. Despite this downturn, the correction is seen by analysts as part of a healthy market cycle. Predictions of a strong rebound have been made. Javier Santini, a market analyst and founder of Elemento Cripto, identified patterns in Dogecoin’s historical data and anticipates an imminent rally. DOGE’s Historical Pullback Patterns Santini’s analysis reveals that Dogecoin’s price corrections below the previous cycle’s all-time high often persist for about a month before an upward trend resumes. Weekly charts shared by Santini highlight a consistent pattern since 2017. In January 2014, Dogecoin reached an all-time high of $0.00232, followed by a correction phase that lasted until March 2017. During this time, prices fell as low as $0.00022. A breakout occurred in March 2017, leading to a month-long pullback before a new all-time high of $0.0187 was achieved in January 2018. Subsequently, another extended correction took place, forming a descending trendline. This trendline broke in December 2020, initiating another rally. A month-long pullback was again observed before Dogecoin surged to its latest all-time high of $0.7390 in May 2021. Predictions for Dogecoin’s Target of $4 The current market trend suggests that a similar cycle is repeating. A breakout from the latest descending trendline in Q4 2024 resulted in a 161% rally during November. December’s correction is expected by Santini to last approximately one month. The uptrend is predicted to resume in the coming week, with a price target of $4 set by the analyst. This target is expected to be reached in under a week. Could DOGE Rally to $18 After a 46% Drop? Historical Trends Suggest It Might For Dogecoin to achieve this milestone, a surge of 1,168% from its current trading price of $0.3253 would be necessary. Santini’s confidence stems from Dogecoin’s historical consistency, where each breakout phase has led to new highs. Related Article: Dogecoin Faces Resistance Amid Consolidation, Showing Minor 1.06% Decrease: 24-Hour Price Analysis Santini’s prediction aligns with that of another analyst, @Degengambleh, who projects Dogecoin reaching $4.20. The 1,000-day accumulation trend highlighted in the analysis is viewed as a foundation for this major rally. Related Article:Could DOGE Rally to $18 After a 46% Drop? Historical Trends Suggest It Might This trend was noted when Dogecoin traded at $0.1713 in March 2024.
Japan’s PM Backs Musk’s D.O.G.E to Cut Government Waste – But Is It Enough?
Japan’s Prime Minister Shigeru Ishiba and Digital Minister Masaaki Taira have publicly supported Elon Musk’s D.O.G.E (Department of Government Efficiency) initiative. They believe cutting government waste will streamline operations and modernize Japan’s administrative systems. The crypto community sees this as a step toward fairer regulations for digital assets, hoping it will create a more business-friendly environment. Why Japan Supports D.O.G.E Musk’s vision of reducing government inefficiency has gained strong support in Japan. Many social media users, including Nihon Patriot, argue that D.O.G.E. can eliminate outdated bureaucratic systems, simplify regulations, and boost business growth. Supporters believe modernizing government processes will accelerate decision-making and reduce red tape, creating a more efficient economy. Read also: Dogecoin Price Poised for a $0.47 Massive Rally… Overlooked Issues: Defense Spending and Bigger Financial Concerns While D.O.G.E has sparked enthusiasm, some critics argue that it focuses on minor inefficiencies while ignoring larger financial challenges. Japan continues to allocate massive funds to its military and U.S. defence projects, raising concerns about whether the government truly prioritises financial efficiency. Prime Minister Ishiba, a strong advocate for national defence, recently met with former U.S. President Donald Trump to reinforce military alliances. Critics believe that while D.O.G.E promotes cost-cutting, it does not address the billions spent on defense and foreign policies. Meanwhile, in the U.S., Musk’s involvement in government data access through D.O.G.E has led to legal battles with the U.S. Treasury, further fueling debates on transparency and accountability in public spending. A More Balanced Approach to Efficiency Reducing government waste is a positive step, but true efficiency requires reviewing all expenditures. Many crypto supporters argue that Japan should cut bureaucratic waste and reconsider unnecessary military and public project spending. A more balanced approach would free up resources for innovation, including blockchain and emerging technologies. Impact on Crypto and Blockchain If governments actively work to eliminate inefficiencies, crypto and blockchain industries could experience rapid growth. Fewer bureaucratic barriers would make it easier for businesses to adopt blockchain technology, strengthening Japan’s position as a leader in digital innovation. However, some caution that cutting waste should extend beyond government agencies to include all aspects of national spending. The Bigger Picture: Is Japan’s Support for D.O.G.E Enough? Musk’s D.O.G.E presents an ambitious plan to cut costs, but critics believe it fails to address Japan’s largest financial drains, such as military expenditures. While reducing government inefficiency is beneficial, achieving real economic impact requires evaluating all spending priorities. Japan’s endorsement of D.O.G.E, while simultaneously increasing military budgets, raises questions about the government’s true financial strategy. A fairer and more comprehensive approach to cost-cutting could strengthen Japan’s economy, foster innovation, and propel the crypto industry forward. The success of D.O.G.E will depend on whether Japan expands its focus beyond bureaucracy and applies efficiency reforms across all sectors.
Dogecoin Faces Resistance Amid Consolidation, Showing Minor 1.06% Decrease: 24-Hour Price Analysis
Dogecoin (DOGE) has entered a critical phase in its price action over the past 24 hours. Traders observed the cryptocurrency oscillating near the $0.313 zone, encountering resistance from key exponential moving averages (EMAs). This consolidation hints at indecision in the market, with potential for both bullish and bearish movements. Price Consolidation Under EMA Resistance The 20 EMA at $0.314 and the 50 EMA at $0.318 have acted as immediate barriers, restricting Dogecoin’s upward momentum. The 100 EMA, positioned higher at $0.328, represents a more significant resistance level that the bulls will need to overcome to establish a sustained uptrend. Meanwhile, the 200 EMA at $0.349 provides a distant target that highlights Dogecoin’s longer-term challenges. The price remains range-bound, with sellers defending these EMAs while buyers attempt to stabilize above the $0.31 support zone. This battle between bulls and bears reflects the lack of a clear trend, indicating that traders are awaiting a decisive breakout. RSI Divergence Suggests Market Uncertainty A key indicator in the current analysis is the Relative Strength Index (RSI) Divergence, calculated using 5 and 14 periods. The RSI reading of 1.87 shows a lack of conviction in bullish or bearish dominance. While the RSI has fluctuated above and below the midline, it has yet to signal a decisive trend reversal. Related article: XRP Price Could Surge if SBI Allocates 20% of Assets to XRP Reserves, Says ChatGPT This divergence suggests that while the bearish momentum has weakened, buyers lack the strength to push Dogecoin into a strong recovery phase. As a result, market participants may need to remain cautious and wait for further confirmations. Potential Scenarios for the Next 24 Hours If Dogecoin successfully breaks above the 50 EMA at $0.318, it could target the 100 EMA at $0.328 as the next resistance. A move above this level may attract additional buying pressure, potentially propelling DOGE toward the 200 EMA at $0.349. However, if the price fails to hold above $0.31, the downside risk could increase, potentially testing lower levels around $0.30. Conclusion Dogecoin’s price movement over the next 24 hours hinges on its ability to break through critical EMA levels. While consolidation suggests uncertainty, a breakout in either direction could set the tone for Dogecoin’s next trend. Stay updated to capitalize on potential opportunities.
Dogecoin Breakout Could Create Millionaires in the Next 2-3 Months, Analysts Say
Dogecoin (DOGE) may be on the verge of a major breakout that could create a new wave of millionaires, according to analysts. Recent technical patterns and trendline behaviour suggest that DOGE is gearing up for a powerful rally in the coming months. Dogecoin Shows Strength Amid Sideways Trading After peaking at $0.19, Dogecoin spent weeks in a consolidation phase. Over the past seven days, however, it has climbed by 12%, signalling a growing bullish sentiment. Over the past 14 days, DOGE has remained up 10.6%, currently trading at $0.1779. Amid this backdrop, analysts are identifying key technical indicators that point to a potential trend reversal, one that could send Dogecoin soaring toward the $0.50 mark. Bullish Divergences Signal a Trend Reversal Crypto Bio, a respected market analyst, recently highlighted two important bullish divergences on Dogecoin’s chart. These divergences signal weakening bearish momentum and hint at an imminent upward move. The first divergence appeared between late June and August 2024. While Dogecoin’s price fell into the $0.07 to $0.09 range, the Relative Strength Index (RSI) formed higher lows, indicating a reduction in selling pressure. This setup preceded a sharp rally that carried DOGE above $0.40 by December 2024. Now, a similar divergence has emerged between March and April 2025. As Dogecoin’s price fell to around $0.13, the RSI once again formed higher lows, replicating the bullish setup seen last year. Crypto Bio believes this pattern suggests Dogecoin is “waking up,” projecting a price surge toward $0.50 within the next two to three months. According to his analysis, investors who hold large quantities of DOGE stand to benefit the most. For example, a $10,000 investment at current prices could grow to $27,534 if Dogecoin hits $0.50. However, achieving millionaire status would require holding around 2 million DOGE, currently valued at approximately $360,000. Parabolic Trendline Offers Strong Support Further bolstering the bullish case, analyst abermix points to Dogecoin’s adherence to a long-term parabolic trendline. This trendline, drawn from lows near $0.05 during 2022 and 2023, continues to hold firm in 2025. Despite several attempts to breach this trendline, notably at $0.06, around $0.08, and near $0.14, Dogecoin’s price has managed to stay above it. Although DOGE remains slightly below its short- and long-term exponential moving averages (EMAs), analysts suggest that a rally above $0.20 could confirm a broader trend reversal. Related article: Dogecoin Could Rally 364% to $0.67, Top Analyst Predicts Falling Wedge Breakout Adds to Optimism Adding even more weight to the bullish thesis, Dogecoin recently broke out of a falling wedge pattern. This technical setup had constrained DOGE’s price for several months, with notable resistance levels tested at $0.28 in February and $0.16 in April. The breakout near $0.18 was accompanied by increased trading volume and a reclaiming of critical support levels. Historically, falling wedge patterns often precede bullish reversals, and Dogecoin’s current price action aligns with this behaviour. Analysts note strong support levels at $0.143 and $0.16, suggesting that DOGE’s breakout could propel it toward the $0.46 to $0.50 range over the coming months. With bullish divergences, trendline support, a falling wedge breakout, and increasing market momentum, Dogecoin appears poised for a major move. If the technical patterns continue to play out, investors could witness a surge to $0.50, potentially minting new Dogecoin millionaires along the way.
Dogecoin Could Rally 364% to $0.67, Top Analyst Predicts
Despite recent volatility, a prominent TradingView analyst believes Dogecoin (DOGE) could be on the verge of a massive 364% surge, projecting a long-term price target of $0.67. The forecast comes as technical indicators point to a possible inflection point, even as short-term performance remains mixed. Dogecoin saw a sharp decline from April 5 to April 7, bottoming out at $0.13. While the token rebounded briefly to $0.15 on April 10, it struggled to maintain upward momentum, falling back to around $0.14. Over the past week, Dogecoin has dropped 5.8%, extending to a 13.8% loss over 14 days and 6.9% over the last 30 days. Despite the red candles, analysts tracking historical patterns believe DOGE may be setting up for a major breakout. Breakout Patterns Emerge on 3-Day Chart The analyst without_worries shared a 3-day candlestick chart that reveals a technical formation similar to previous bull runs. He noted the following indicators supporting his projection: According to the analyst, these signals reflect the same pre-breakout setup that preceded earlier rallies. He confidently projects a 364% price increase, estimating Dogecoin could reach $0.67 if these signals hold and volume confirms a breakout. Interestingly, this analyst previously predicted a 70% price drop in February, which materialized as DOGE fell to the $0.20 level—bolstering his credibility among followers. $0.14 Support Remains a Key Battleground Another analyst, MonoCoinSignal, offered a more tempered perspective. In a recent report, he noted that Dogecoin increased 0.11% on a day when the overall crypto market plunged 4.4%, suggesting a level of price resilience. However, he emphasized that $0.14 is a crucial support zone. A sustained dip below this level could reverse recent gains and reintroduce bearish sentiment. Related article: Dogecoin Sheds 23% in One Month: Is the Meme Coin Losing Momentum or Primed for a Bounce? Resistance at $0.15 Limits Short-Term Upside MonoCoinSignal also pointed out that $0.15 serves as immediate resistance, and any move toward $0.16 depends on strong trading volume. A confirmed breakout above $0.16 could open the door to retesting $0.20, setting the stage for mid-term bullish momentum. He also warned that broader macroeconomic concerns—particularly those stemming from President Donald Trump’s ongoing trade policy decisions—may weigh on crypto markets, limiting DOGE’s rapid price appreciation. While short-term metrics remain bearish, analysts see signs that Dogecoin may soon pivot into a strong rally. With technical setups aligning and previous predictions proving accurate, optimism is growing—especially among traders betting on DOGE’s breakout above $0.16. Still, the path to $0.67 hinges on volume, macro conditions, and the market’s reaction to key support levels. For now, Dogecoin sits at the edge of possibility.
Dogecoin’s Explosive Growth: Can the $0.50 Target Be Reached?
Dogecoin’s recent surge saw a record-breaking 61 billion DOGE transacted in a single day, setting a new high in whale movements for the past year. This massive increase in large-scale transactions has raised concerns about potential behind-the-scenes activities. Whale transactions, usually involving large holders, suggest significant market involvement that may point to either redistribution or accumulation. Due to their transaction size, whales can heavily impact Dogecoin’s price, and their high activity levels often signal possible volatility ahead. Intense Rally Fuels High Transaction Volume Aligned with Dogecoin’s impressive rally, which has pushed its price to annual highs, on-chain data reveals continued high transaction volume, with over 60 billion DOGE moved in the past 24 hours alone. Analysis by IntoTheBlock indicates that 96.18% of Dogecoin addresses are currently “in the money,” meaning most holders are profiting at these price levels. This strong on-chain performance reflects a bullish market sentiment, suggesting potential for further price growth. Rising Prices Attract Retail Investors The recent price surge has rekindled interest among retail investors, drawn to Dogecoin’s recent upswing toward the $0.40 mark. As the rally continues, investors are focusing on the key resistance zone around $0.40 and the next target level of $0.50. Breaking these points could push DOGE even higher. Source: CoinMarketCap However, some analysts caution that increased whale activity could lead to a correction if large holders decide to cash out. This situation presents an uncertain outlook, where prices could either continue upward or experience a steep drop, depending on whether whales accumulate or sell. Related article: Dogecoin on the Rise: Wallet Trends Signal a Market Shift Investors are advised to watch for signals from whale activity, as extreme transactions could drive volatility. Whales often capitalize on peak activity by either driving up prices or triggering sell-offs. If whale transactions show more selling than accumulating, a correction could follow Dogecoin’s rapid ascent. While Dogecoin’s recent performance reflects strong market optimism, the high whale activity indicates potential risks that investors should consider as they monitor the cryptocurrency’s next moves.
