12 Aug 2025, 04:24

Sharp 7% Drop Sends DOGE Toward 22-Cents Support on High-Volume Selloff

Technical Analysis Overview DOGE falls 6.88% in the 24-hour period ending August 12, dropping from $0.24 to $0.22 as sellers overwhelm bid-side liquidity. The heaviest pressure hits at 07:00 on August 11, with price sliding from $0.238 to $0.233 on 485.69M volume — 31% above the daily average of 371.45M. This establishes $0.238 as a major resistance level. Buyers step in at $0.226 during the 11:00 session, generating 793.38M in volume. Secondary resistance forms at $0.231 as multiple rally attempts fail. Final-hour trade sees DOGE range-bound between $0.2247-$0.2253 with volume compression, suggesting potential seller exhaustion. News Background The selloff comes amid broader weakness in digital assets, with regulatory uncertainty and global trade tensions weighing on risk sentiment. Major economies are escalating tariff disputes, pressuring multinational supply chains, while central banks signal potential policy shifts — a mix that has prompted institutional de-risking across crypto holdings. Price Action Summary • DOGE declines 6.88% from $0.24 to $0.22 in August 11 01:00–August 12 00:00 window • $0.238 resistance locked in after 07:00 selling climax on 485.69M volume • $0.226 support sees 793.38M in buy-side flows; $0.231 secondary resistance caps rebounds • Final hour trades in tight $0.2247-$0.2253 range with falling volume Market Analysis and Economic Factors Whale and institutional profit-taking at $0.238 resistance set the tone for the session, triggering a breakdown below $0.23 and forcing retests of $0.226. Support buying was evident on two major volume spikes (11:00 and 21:00), but repeated rejections near $0.231 kept DOGE pinned. With volume thinning at session lows, the structure hints at possible base-building — though macro headwinds could see $0.22 tested again. Technical Indicators Analysis • Resistance: $0.238 (high-volume rejection), $0.231 (secondary cap) • Support: $0.226 initial defense, $0.2247-$0.2249 intraday floor • 24-hour range: $0.019 (7.89% volatility) • Volume compression near lows signals possible seller fatigue • Multiple failed breakouts above $0.231 confirm supply zone overhead What Traders Are Watching • Retest of $0.22 and whether buyer flows reappear at key support • Breakout attempts above $0.231 as a first step toward recovery • Impact of macro headlines on broader meme coin sentiment • Signs of renewed whale accumulation after selling climax

12 Aug 2025, 04:20

[LIVE] Crypto News Today: Latest Updates for August 12, 2025 – Spot ETH ETFs See Record $1B Inflows, BlackRock Leads

Crypto market is flashing a bearish signal today as most sectors pulled back after recent gains. The AI sector led losses with a sharp 7.20% drop, driven by double-digit declines in Virtuals Protocol, ai16z, and Fartcoin. Bitcoin retreated over 2 % to $118,000 after briefly topping $122,000, while Ethereum fell 0.70%, slipping below $4,300. Other sectors, including DeFi and Meme, also saw notable declines, though select tokens like SOON and Pump.fun bucked the trend with double-digit gains. But what else is happening in crypto news today? Follow our up-to-date live coverage below. The post [LIVE] Crypto News Today: Latest Updates for August 12, 2025 – Spot ETH ETFs See Record $1B Inflows, BlackRock Leads appeared first on Cryptonews .

12 Aug 2025, 04:18

XRP Price Flirts With Breakdown—Bulls on the Defensive

XRP price is correcting gains below the $3.25 zone. The price is consolidating and might dip below the $3.080 support zone in the near term. XRP price is struggling to settle above the $3.250 zone. The price is now trading below $3.250 and the 100-hourly Simple Moving Average. There was a break below a key contracting triangle with support at $3.20 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $3.080 zone. XRP Price Approaches Key Support XRP price formed a base above the $2.920 level and started a fresh increase, like Bitcoin and Ethereum . The price gained pace for a move above the $3.20 and $3.25 resistance levels. The bulls pumped the price above the $3.320 level before the bears appeared. A high was formed at $3.380 and the price is now correcting gains. There was a move below the $3.250 level. The price dipped below 23.6% Fib retracement level of the upward move from the $2.90 swing low to the $3.380 high. Besides, there was a break below a key contracting triangle with support at $3.20 on the hourly chart of the XRP/USD pair. The price is now trading below $3.220 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $3.20 level. The first major resistance is near the $3.220 level. A clear move above the $3.220 resistance might send the price toward the $3.2650 resistance. Any more gains might send the price toward the $3.320 resistance or even $3.350 in the near term. The next major hurdle for the bulls might be near the $3.450 zone. More Losses? If XRP fails to clear the $3.220 resistance zone, it could start a fresh decline. Initial support on the downside is near the $3.120 level. The next major support is near the $3.080 level or the 61.8% Fib retracement level of the upward move from the $2.90 swing low to the $3.380 high. If there is a downside break and a close below the $3.080 level, the price might continue to decline toward the $3.020 support. The next major support sits near the $3.00 zone where the bulls might take a stand. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $3.120 and $3.080. Major Resistance Levels – $3.220 and $3.2650.

12 Aug 2025, 04:16

Safety Shot Explores Memecoin Treasury Strategy with Bonk Amid Investor Concerns Over Stock Decline

Safety Shot, a wellness drinks maker, has announced a $25 million investment in the Bonk memecoin, leading to a 50% drop in its stock price. Safety Shot’s stock fell over

12 Aug 2025, 04:14

Ripple-SEC Rally Cools as XRP Drops 2% on Heavy Profit-Taking

Technical Analysis Overview XRP drops 2% in the 24-hour period ending August 12, sliding from $3.19 to $3.14 after touching an intraday peak of $3.32 at 08:00. The move comes after two days of double-digit gains on regulatory clarity, with selling pressure concentrated in the 19:00 hour — a $3.20 to $3.15 drop on 73.87 million volume. Support holds at $3.13 after multiple successful tests, while resistance builds at $3.27, setting a defined near-term range. Final-hour trade sees a bounce from $3.13 to $3.14 on late buying, with volume spikes of 3.21M and 4.45M signaling dip-buying interest. News Background Ripple Labs and the Securities and Exchange Commission have formally ended their nearly five-year legal battle, jointly dismissing appeals in the XRP case. The settlement removes a significant compliance overhang, unlocking greater institutional participation. Daily trading volumes have jumped 208% to $12.4B since the announcement, with open interest also climbing. Despite the legal breakthrough, broader crypto sentiment remains tied to macro factors, including ongoing international trade disputes and shifting monetary policy expectations. Price Action Summary • XRP declines from $3.19 to $3.14 in the August 11 01:00–August 12 00:00 window • Intraday peak of $3.32 at 08:00 meets heavy resistance, triggering selloff • 19:00 hour sees $3.20 to $3.15 drop on 73.87M volume — session’s heaviest print • Support confirmed at $3.13; resistance locked at $3.27 Market Analysis and Economic Factors The pullback reflects natural profit-taking after XRP’s post-settlement rally. Large holders appear to be rebalancing positions while maintaining bids at $3.13-$3.15, indicating no deterioration in longer-term sentiment. Macro uncertainty continues to influence broader flows, though XRP’s regulatory clarity gives it relative insulation versus peers. Technical Indicators Analysis • Support: $3.13 (multiple volume-backed tests) • Resistance: $3.27-$3.32 (repeated rejection) • Intraday range: $0.19 (6% volatility) • Heavy 19:00 volume suggests coordinated institutional selling • Late-session accumulation keeps price above $3.13 What Traders Are Watching • Breakout potential above $3.27 to resume upward momentum • Stability of $3.13 support on further profit-taking waves • Persistence of institutional inflows post-regulatory settlement • Macro spillover effects from trade and monetary policy developments

12 Aug 2025, 04:12

Nasdaq-listed firm slumps 50% on BONK memecoin treasury play

Wellness drinks maker Safety Shot has made a bold shift into a memecoin treasury strategy, but shareholders were not impressed.