3 Cryptocurrencies in the Spotlight After the April 2025 Market Crash

Updated

April 8, 2025

Gambar 3 Cryptocurrencies in the Spotlight After the April 2025 Market Crash

Jakarta, Pintu News—In recent times, the cryptocurrency market has shown interesting dynamics. Bitcoin struggles to maintain its critical levels, while Dogecoin and Shiba Inu have experienced significant pressure.

Recent technical analysis suggests that these three digital currencies may face several challenges in the near future.

Check out the full analysis below!

Bitcoin (BTC): Potential Decline to $72,000?

Bitcoin (BTC) is currently under pressure after failing to break the 200 EMA at around $85,344. With the current price at $82,870, Bitcoin (BTC) shows signs of weakness with the RSI starting to flatten and the distance between short-term moving averages narrowing.

This signals uncertainty among traders. If the selling pressure increases, Bitcoin (BTC) could lose support at $82,000, which might pave the way towards $78,000 and even drop to $72,000 if the pressure continues.

With the potential implementation of new trade tariffs by the United States, risky assets such as Bitcoin (BTC) may experience capital outflows. This could worsen market conditions and push the price of Bitcoin (BTC) to even lower levels.

Dogecoin (DOGE): Facing Critical Support

Dogecoin (DOGE) is struggling to maintain its position above $0.16 and shows increasingly weak indications. With the current price at $0.1646, Dogecoin (DOGE) has shown a downward trend since its peak in February. If Dogecoin (DOGE) is unable to maintain support at $0.14, there is a possibility that the currency will experience further declines.

The RSI indicator is approaching the oversold zone, and declining volume suggests that the current momentum favours sellers. If the $0.14 support level breaks, there could be accelerated selling, which would significantly affect the Dogecoin (DOGE) price.

Shiba Inu (SHIB): Whale Dominance and Selling Pressure

shiba inu coin prediction — Generated by AI

Shiba Inu (SHIB) is trading at around $0.00001210, showing a daily decline of 1.94% and close to critical support levels. On-chain data shows that a small number of large holders or whales own more than 70% of SHIB’s supply, which poses a serious liquidity risk if they decide to sell.

If the $0.000011 support level does not hold, Shiba Inu (SHIB) may experience a sharp decline towards the previously unexplored zone. However, the strong community and utility development within the Shibarium ecosystem could support SHIB’s ability to maintain value in the market.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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