“Dogecoin rebounding sharply from a heavy-volume flush while Shiba Inu broke key support before staging an aggressive intraday reversal.”, — write: www.coindesk.com
News BackgroundBroader crypto markets continued their risk-off rotation as sentiment remained pressured by AI-bubble concerns, $800M in Bitcoin ETF outflows, and tightening liquidity across speculative assets. The weak macro backdrop left meme-coins particularly exposed to volatility shocks.
Despite this, large-holder behavior diverged across DOGE and SHIB. Dogecoin saw an uptick in institutional accumulation following two weeks of heavy whale positioning, while SHIB faced elevated retail-driven selling before buyers stepped in aggressively at intraday lows.
No major token-specific catalysts drove the session’s moves, although traders monitored continued ETF-related discussions and whale positioning trends as key sentiment drivers.
Price Action SummaryDogecoinDOGE climbed 3.0% to close at $0.1641, rebounding from a sharp early-session decline that flushed the price to $0.1551.
• Volume spiked to 613M during the support test — 186% above the 214M average
• Breakout above $0.1640 established an ascending intraday trendline
• Late-session trading held DOGE in a $0.1638–$0.1643 consolidation band
The rebound produced a clear higher-lows pattern, confirming momentum rotation despite broader market weakness.
SHIB$0.0₅9170SHIB fell 2.0% from $0.000009233 to $0.000009045, breaking daily support at $0.000009240.
• Heavy selling at 08:00 GMT surged to 412.35B tokens — 67% above average
• Price dropped to $0.000008975 before reversing violently
• A V-shaped spike back to $0.000009082 printed on 32.34B hourly volume
The intraday recovery reclaimed short-term resistance at $0.000009060, signaling stability despite the broader downtrend.
Technical AnalysisDogecoinSupport/Resistance:
• Major support validated at $0.1551
• New support: $0.1638–$0.1640
• Resistance: $0.1650then $0.1680
Volume:
• 613M peak confirms institutional buying
• Recovery maintained above baseline, signaling sustained demand
Chart Structure:
• Ascending trendline intact
• Higher-lows pattern reinforces bullish momentum
Shiba InuSupport/Resistance:
Strong support: $0.000009020 (triple defense)
• Resistance: $0.000009240then $0.000009307
Volume:
• Breakdown: 412.35B (+67%)
• Recovery: consistent elevated flows across 02:10–02:12
Chart Structure:
• Daily downtrend intact (lower highs)
• Hourly V-reversal suggests near-term stabilization
What Traders Should Know
- DOGE and SHIB present opposite near-term technical dynamics despite similar macro pressures.
- Dogecoin’s near-term outlook leans bullish, with continuation favored if price clears the $0.1650 barrier, while a failure to hold $0.1620 risks a return to the $0.1600–$0.1580 support cluster.
- Whale accumulation and strong volume defense along the $0.155–$0.161 zone continue to underpin the upside case. Shiba Inu, meanwhile, requires a decisive close back above $0.000009240 to confirm stabilization; a breakdown below $0.000008975 would expose a deeper slide toward the mid-$0.00000870 region.
- The hourly V-shaped reversal is constructive, but the broader daily structure remains fragile until key resistance levels are reclaimed.
- Overall, DOGE shows intraday bullish rotation, while SHIB sits at a tactical inflection, requiring confirmation before trend reversal can be assumed.
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence’s Token Security API averaged 717 million monthly calls year-to-date in 2025, with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch, the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B, while derivatives volume peaked the same month at over $4B.
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The market remains bearish with XRP struggling to break above the $2.23–$2.24 resistance zone.
- XRP experienced a significant selloff, dropping from $2.31 to $2.22, despite the launch of a new US spot XRP ETF.
- The market remains bearish with XRP struggling to break above the $2.23–$2.24 resistance zone.
- Institutional interest is evident from ETF inflows, but broader market pressures continue to suppress crypto momentum.
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