hodler

24 Apr 2026, 09:08

Dogecoin Price Risks Reversal as Crowded Longs Meet Collapsing Network Activity

Dogecoin is trading at $0.09784 at the time of writing, but the mechanics behind its recent price movement raise questions about sustainability. Data from Alphractal shows that the current momentum is driven primarily by derivatives positioning rather than genuine network growth. Joao Wedson, founder and CEO of Alphractal, flagged a sharp decline in Dogecoin's social media traction. ”The number of social media interactions about Dogecoin has dropped drastically,” he wrote on X. He noted that only a handful of altcoins currently hold meaningful engagement online, with interest typically spiking during confirmed bull markets rather than preceding them. The numbers back his assessment. Daily active addresses fell to 37,197, a 44.88% decline week-over-week. Daily transactions dropped to 26,189, down 51.27% over the same period. Adjusted on-chain transfer volume came in at $118.12 million, sliding 41.25% week-over-week. These metrics collectively point to shrinking network participation, not expansion. Derivatives Markets Tell a Different Story While on-chain activity contracts, futures markets are heating up. Open interest climbed to $1.099 billion, and the long/short ratio reached 2.6433, a figure that signals strong bullish conviction among leveraged traders. Alphractal's AI characterizes this as a ”risk-on bullish regime” reflecting ”leveraged upside appetite.” The risk, however, is embedded in the same data. A long/short ratio above 2.6 indicates crowded positioning. Crowded longs create vulnerability. Any adverse price movement can trigger cascading liquidations, amplifying downside. Alphractal explicitly flagged ”a conflict between elevated leverage and fragile directional conviction.” The derivatives market is leaning hard in one direction, and that rarely ends cleanly. This divergence between derivatives enthusiasm and on-chain weakness is central to understanding DOGE's current position. Price is being pulled by trader sentiment, not by users actually transacting on the network. Valuation and Supply Paint a Cautious Picture From a valuation standpoint, Dogecoin does not look overheated. DOGE's MVRV ratio sits at 0.686, meaning it trades below its realized price of $0.1383. Net Unrealized Profit/Loss is at -0.459, placing the asset in what Alphractal identifies as a capitulation zone. The average holder is underwater. This profile more closely resembles a late-stage drawdown or early recovery phase than a speculative top. Momentum indicators offer partial relief. RSI is near neutral, and the MACD has turned bullish, suggesting that selling pressure has eased. Still, DOGE remains below its 200-day moving average, a key structural benchmark, and no meaningful breakout has materialized. Supply dynamics add further caution. Exchange reserves rose 8.45% over the past seven days, reaching 27.19 billion DOGE, worth approximately $2.66 billion. Rising exchange balances typically signal that holders are moving coins to platforms where they can be sold. That is not the supply tightening associated with strong demand cycles. Circulating supply stands at 153.95 billion DOGE. One mild counterbalance exists. Alphractal's AI detected a slightly positive whale-versus-retail delta, suggesting larger players are more active than retail at current levels. A 365-day delta growth rate of +4.54 implies some longer-term structural resilience. However, composite market sentiment remains neutral, not bullish.

24 Apr 2026, 09:05

Gold Bounces Off Two-Week Low, But Faces Persistent USD Headwinds

BitcoinWorld Gold Bounces Off Two-Week Low, But Faces Persistent USD Headwinds Gold prices staged a modest recovery on Tuesday, bouncing off a two-week low as traders digested a stronger U.S. dollar and rising Treasury yields. The precious metal remains under pressure, however, with the bullish USD outlook limiting upside potential. Gold Bounces Off Two-Week Low: A Technical Respite Gold prices touched a low of $2,310 per ounce on Monday, the weakest level in two weeks. The bounce back to $2,345 represents a 1.5% recovery. This move follows a sharp sell-off triggered by robust U.S. economic data. The data reinforced expectations for higher interest rates. Technical analysts note that gold found support near its 50-day moving average. This level has acted as a key floor in recent months. The bounce, however, lacks strong momentum. Volume remains low, suggesting cautious buying. Key resistance now sits at $2,370. A break above this level could signal further gains. Conversely, a drop below $2,310 would open the door to $2,280. The market remains in a wait-and-see mode. USD Strength Caps Gold’s Recovery The U.S. dollar index (DXY) climbed to a six-month high of 106.50. A stronger dollar makes gold more expensive for holders of other currencies. This relationship remains a primary driver for gold prices. Several factors support the dollar’s strength: Hawkish Fed stance: Federal Reserve officials have pushed back against rate cut expectations. They cite persistent inflation above the 2% target. Resilient economy: U.S. GDP growth remains above trend. The labor market stays tight. These conditions reduce the urgency for monetary easing. Geopolitical uncertainty: Global tensions in the Middle East and Eastern Europe drive safe-haven flows into the dollar. This further pressures gold. The correlation between gold and the dollar remains strong. When the dollar rises, gold typically falls. This dynamic shows no sign of reversing soon. Expert Insight: The Fed’s Impact on Gold Market strategists highlight the Fed’s influence on gold prices. “The Fed’s message is clear: rates stay higher for longer,” says a senior analyst at a major investment bank. “This removes a key catalyst for gold rallies.” Historically, gold performs best when real interest rates fall. With real rates now above 2%, gold faces headwinds. The opportunity cost of holding gold rises when bonds offer competitive yields. Market Context: Gold’s Broader Outlook Gold has rallied over 12% in 2024. Central bank buying and geopolitical risks supported the move. Recent data, however, shows a slowdown in central bank purchases. China’s central bank, a major buyer, paused its buying spree in May. Investment demand through ETFs also remains weak. Global gold ETF holdings fell by 2.5% in June. This indicates a lack of fresh institutional buying. Consumer demand in India and China remains strong. Both countries are major gold consumers. Their demand provides a floor under prices. It does not, however, drive rallies. Factor Impact on Gold Current Status USD Strength Negative High (DXY at 106.5) Real Interest Rates Negative High (2%+) Central Bank Buying Positive Moderating Geopolitical Risk Positive Elevated ETF Demand Negative Declining Technical Analysis: Key Levels to Watch Gold’s price action shows a clear range-bound pattern. The $2,300-$2,400 zone has held since early June. A breakout from this range will set the next direction. Support levels: $2,310: Recent two-week low and 50-day moving average. $2,280: May swing low and 100-day moving average. $2,250: Key psychological support from April lows. Resistance levels: $2,370: 20-day moving average and recent consolidation high. $2,400: Major resistance from June highs. $2,450: All-time high from May. The Relative Strength Index (RSI) sits at 45. This neutral reading offers no clear directional signal. Momentum indicators are flat. What This Means for Traders Short-term traders may find opportunities within the range. Buying near support and selling near resistance works until a breakout occurs. Stop-losses should be placed just outside the range. Long-term investors should watch for a decisive break above $2,400. Such a move would confirm a bullish trend. A break below $2,280 would signal a bearish shift. Position sizing remains critical. Volatility is low, but it can spike on Fed announcements or economic data releases. The next major event is the U.S. Consumer Price Index (CPI) report due next week. Conclusion Gold bounces off a two-week low, but the recovery remains fragile. A bullish USD and hawkish Fed stance limit upside potential. The precious metal trades in a tight range. A breakout depends on future economic data and central bank policy signals. Traders should remain cautious and watch key support and resistance levels. The outlook for gold stays neutral to bearish in the near term, with long-term support from geopolitical and central bank demand. FAQs Q1: Why did gold bounce off its two-week low? Gold bounced due to technical buying near its 50-day moving average. Traders saw the $2,310 level as a value entry point. The move, however, lacks strong momentum and remains a correction within a broader downtrend. Q2: How does a strong U.S. dollar affect gold prices? A strong dollar makes gold more expensive for foreign buyers. This reduces demand and pushes prices lower. The inverse relationship between the dollar and gold is one of the most consistent in financial markets. Q3: What is the key resistance level for gold right now? The key resistance is $2,370, which aligns with the 20-day moving average. A break above this level could lead to a test of $2,400. Failure to break resistance would confirm the bearish bias. Q4: Should I buy gold at current levels? Buying gold at current levels carries risk. The trend is neutral to bearish. A better entry point may appear if gold drops to $2,280 or $2,250. Always use stop-losses and manage position size carefully. Q5: What economic data should gold traders watch next? Gold traders should watch the U.S. CPI report, Fed minutes, and jobless claims data. These releases influence interest rate expectations and the dollar. Any surprise could trigger a breakout from the current range. This post Gold Bounces Off Two-Week Low, But Faces Persistent USD Headwinds first appeared on BitcoinWorld .

24 Apr 2026, 09:02

Expert to XRP Investors: Nothing Has Changed. Only Our Bags Getting Bigger

Crypto analyst Egrag Crypto has issued a renewed statement on XRP’s market structure, emphasizing that his outlook for the token remains unchanged despite ongoing price movements. In a recent tweet, he stated that “nothing has changed,” adding that only positions are increasing among a limited group of participants. The message reinforces his long-standing view that XRP continues to follow a cyclical pattern tied closely to technical indicators and historical behavior. To support this position, the analyst referenced an earlier breakdown of XRP’s price cycles, highlighting the significance of the 100 exponential moving average as a recurring foundation for major upward movements. According to his analysis, this level has consistently acted as a bottoming zone in previous market cycles. #XRP – Nothing Has Changed – ONLY Our bags getting bigger. ONLY FEW https://t.co/e7c4dteBqc — EGRAG CRYPTO (@egragcrypto) April 22, 2026 Historical Cycles and the 100 EMA Pattern Egrag Crypto pointed to XRP’s performance in 2017 and 2021, where price action reset near the 100 EMA before entering expansion phases. In both instances, the asset formed a structural base at this level, which preceded a rally. He suggests that the current market phase reflects a similar setup, describing it as “Cycle 3,” where price is once again approaching this macro support zone. He stated that if historical patterns continue to hold, this region may serve as the accumulation floor for the ongoing cycle. The analyst also noted that XRP appears to be following a repeating channel structure, reinforcing his argument that the asset remains within a predictable long-term framework. Ascending Channel and Structural Behavior The analysis further outlines XRP’s adherence to a long-term ascending channel. Within this structure, price has historically bottomed near the mid-to-lower band and expanded toward the upper boundary during bullish phases. Egrag Crypto observed that the asset is currently revisiting this lower structural region, which aligns with previous cycle behavior. He emphasized that this pattern reflects consistency in market structure rather than short-term volatility. His conclusion centers on the idea that structural indicators should carry more weight than short-term market noise when evaluating XRP’s trajectory. Fibonacci Targets and Expansion Scenarios Egrag Crypto also revisited potential price targets using Fibonacci extension levels, presenting two possible expansion scenarios. The first scenario aligns with the 2021 cycle , suggesting a move toward the 1.618 extension, with a projected range between $6 and $9. The second scenario mirrors the 2017 cycle , pointing to a more aggressive extension between 2.414 and 2.618, potentially placing XRP in a range of $20 to $25. He noted that the higher range would depend on stronger liquidity rotation in the altcoin market and increased momentum during later stages of the cycle. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Current Market Structure Outlook According to the analyst, the present structure suggests a sequence of stabilization near the 100 EMA, followed by a period of sideways accumulation. He expects this phase to precede a breakout above resistance levels, eventually leading to expansion toward the outlined Fibonacci targets. Egrag Crypto concluded by posing a direct question regarding XRP’s consistency in respecting the 100 EMA across previous cycles, suggesting there is no clear reason to expect a deviation under current conditions. His final remark emphasized a preference for structural analysis over short-term distractions, underscoring the foundation of his outlook. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Expert to XRP Investors: Nothing Has Changed. Only Our Bags Getting Bigger appeared first on Times Tabloid .

24 Apr 2026, 09:00

EUR/USD Trades Flat Below 1.1700: Critical Central Bank Policy Week Looms

BitcoinWorld EUR/USD Trades Flat Below 1.1700: Critical Central Bank Policy Week Looms The EUR/USD currency pair trades flat below the key psychological level of 1.1700 on Monday. Market participants remain cautious. They await a week packed with central bank policy decisions. The European Central Bank and the Federal Reserve will announce their latest monetary policy moves. This creates a tense atmosphere for forex traders. The pair shows minimal movement. It hovers around 1.1680 during early European trading hours. This lack of volatility reflects market indecision. EUR/USD Flat Below 1.1700 as Traders Await ECB and Fed Decisions The EUR/USD pair has stalled below 1.1700 for the third consecutive session. Trading volumes remain low. Investors prefer to stay on the sidelines. They want clarity from the upcoming central bank meetings. The European Central Bank meets on Thursday. The Federal Reserve follows next week. Both events carry significant weight for the euro-dollar exchange rate. Analysts at ING Bank note that the pair lacks directional bias. They point to diverging economic data. The eurozone shows signs of slowing growth. The US economy remains resilient. This divergence creates a tug-of-war for the pair. The EUR/USD flat below 1.1700 reflects this balance. Market Context: Why EUR/USD Stays Below 1.1700 Several factors keep the EUR/USD below 1.1700. First, the US dollar index holds steady near 93.00. Second, eurozone bond yields remain subdued. Third, traders price in a potential hawkish Fed. The Federal Reserve may signal tapering of asset purchases. This expectation supports the dollar. It caps any upside for the euro. Key support levels for the pair sit at 1.1650 and 1.1600. Resistance lies at 1.1720 and 1.1750. A break above 1.1700 could trigger short-covering. But traders need a catalyst. The central bank meetings provide that catalyst. ECB Meeting Expectations The European Central Bank faces a difficult decision. Inflation in the eurozone has risen above its 2% target. But the recovery remains uneven. President Christine Lagarde may strike a dovish tone. She could emphasize the need for continued stimulus. This would weaken the euro. It would keep EUR/USD below 1.1700. Market pricing shows a 30% chance of a rate hike in 2022. But most analysts expect the ECB to hold rates. They predict a steady pace for the Pandemic Emergency Purchase Programme. Any hint of tightening could boost the euro. It would push EUR/USD above 1.1700. Federal Reserve Policy Outlook The Federal Reserve meets next week. Markets expect no change in interest rates. But the focus is on the dot plot. The Fed may signal a rate hike in 2023. This would strengthen the US dollar. It would keep EUR/USD flat below 1.1700. Fed Chair Jerome Powell has stressed patience. He wants to see more job growth. But inflation pressures persist. The market watches for any shift in language. A hawkish surprise could push EUR/USD below 1.1600. Technical Analysis: EUR/USD Below 1.1700 From a technical perspective, EUR/USD trades flat below 1.1700. The 50-day moving average sits at 1.1720. The 200-day moving average is at 1.1800. Both act as resistance. The Relative Strength Index reads 48. This indicates neutral momentum. No clear trend emerges. Support levels to watch: 1.1650 — Recent swing low 1.1600 — Psychological support 1.1550 — August low Resistance levels to watch: 1.1700 — Key psychological level 1.1720 — 50-day moving average 1.1750 — September high The EUR/USD flat below 1.1700 suggests a breakout is coming. The direction depends on central bank guidance. Impact of Central Bank Policies on EUR/USD Central bank policies drive currency movements. The ECB and Fed set interest rates. They control money supply. Their statements guide market expectations. This week, their decisions will determine EUR/USD direction. If the ECB stays dovish, the euro weakens. EUR/USD could fall to 1.1600. If the Fed turns hawkish, the dollar strengthens. EUR/USD could test 1.1550. But if both banks hold steady, the pair may remain flat below 1.1700. Historical Precedents Looking back at similar periods, EUR/USD often consolidates before central bank meetings. In September 2020, the pair traded flat below 1.1800. The Fed then signaled low rates for longer. The euro rallied to 1.2000. In March 2021, the ECB maintained stimulus. EUR/USD fell from 1.1900 to 1.1700. These examples show the importance of policy signals. Traders should prepare for volatility after the announcements. Expert Views on EUR/USD Flat Below 1.1700 Forex analysts offer mixed views. Jane Foley, senior strategist at Rabobank, says the pair lacks momentum. She expects EUR/USD to stay below 1.1700 until the Fed meeting. She notes that US data remains strong. This supports the dollar. Chris Turner, head of FX strategy at ING, sees potential for a euro bounce. He argues that the ECB may surprise with a hawkish tilt. This could push EUR/USD above 1.1700. But he admits the risk is low. Both experts agree on one point. The EUR/USD flat below 1.1700 reflects a market in wait-and-see mode. Action will come later this week. Global Economic Data This Week Several data releases will also influence EUR/USD. The eurozone releases CPI data on Tuesday. The US publishes retail sales on Wednesday. These reports can shift expectations. They may cause short-term moves. Key data points to watch: Eurozone CPI — Expected at 3.0% year-on-year US Retail Sales — Expected at 0.5% month-on-month US Industrial Production — Expected at 0.3% Strong US data would support the dollar. It would keep EUR/USD below 1.1700. Weak data could trigger a euro rally. Risk Sentiment and EUR/USD Risk appetite also affects the pair. The euro often rises when stocks gain. It falls when investors seek safety. Currently, global equities trade mixed. This provides no clear signal. The VIX index, a measure of volatility, sits at 18. This is low. It suggests calm markets. But this calm may break after the central bank decisions. Traders should monitor risk sentiment closely. Conclusion The EUR/USD pair trades flat below 1.1700 as the market enters a critical central bank policy week. The ECB and Fed decisions will determine the next major move. Technical indicators show no clear trend. Fundamentals remain mixed. Traders should prepare for increased volatility. The EUR/USD flat below 1.1700 may not last long. A breakout is imminent. The direction depends on policy guidance and economic data. Stay informed and watch the key levels. FAQs Q1: Why is EUR/USD trading flat below 1.1700? A1: The pair lacks direction because traders await central bank decisions from the ECB and Fed. Market participants stay on the sidelines. This causes low volatility and flat trading. Q2: What levels should I watch for EUR/USD this week? A2: Key support sits at 1.1650 and 1.1600. Resistance lies at 1.1700, 1.1720, and 1.1750. A break above 1.1700 could trigger a rally. A drop below 1.1650 may lead to further losses. Q3: How will the ECB decision affect EUR/USD? A3: If the ECB stays dovish, the euro weakens. This keeps EUR/USD below 1.1700. If the ECB turns hawkish, the euro strengthens. This could push the pair above 1.1700. Q4: What is the Fed expected to do next week? A4: The Fed is expected to hold rates steady. But it may signal tapering of asset purchases. It could also update its rate projections. A hawkish signal would boost the dollar. Q5: Can EUR/USD fall below 1.1600? A5: Yes, if the Fed surprises with a hawkish tone. A strong US retail sales report could also push the pair lower. Traders should watch for these catalysts. Q6: Is this a good time to trade EUR/USD? A6: The pair offers low volatility now. But this may change after central bank meetings. Traders should use tight stop losses. They should wait for clear signals before entering new positions. This post EUR/USD Trades Flat Below 1.1700: Critical Central Bank Policy Week Looms first appeared on BitcoinWorld .

24 Apr 2026, 09:00

Pavel Durov announces 6× fee reduction for TON, ‘Regardless of…’

TON reduces transaction fees as DeFi sentiment improves, raising questions about where it stands among L1 blockchains.

24 Apr 2026, 08:56

Metaplanet issues $50 million bond to boost BTC holdings

🚨 Metaplanet issued a $50 million zero-interest bond to buy more Bitcoin. All bonds were purchased by EVO Fund, boosting the company’s BTC reserves to 40,177 coins. Continue Reading: Metaplanet issues $50 million bond to boost BTC holdings The post Metaplanet issues $50 million bond to boost BTC holdings appeared first on COINTURK NEWS .