The People’s Bank of China reasserted the country’s crypto ban, claiming 
trading had reemerged and vowed to crack down on stablecoins.

China reaffirms crypto ban after noticing ‘speculation has resurfaced’

Dogecoin started a fresh decline below the $0.150 zone against the US Dollar. 
DOGE is now consolidating losses and might face hurdles near $0.1420. DOGE 
price started a fresh decline below the $0.150 level. The price is trading 
below the $0.1450 level and the 100-hourly simple moving average. There was a 
break below a key bullish trend line with support at $0.1520 on the hourly 
chart of the DOGE/USD pair (data source from Kraken). The price could extend 
losses if it stays below $0.150 and $0.1450. Dogecoin Price Dips Again 
Dogecoin price started a fresh decline after it closed below $0.1520, like 
Bitcoin and Ethereum. DOGE declined below the $0.150 and $0.1450 support 
levels. More importantly, there was a break below a key bullish trend line 
with support at $0.1520 on the hourly chart of the DOGE/USD pair. The price 
even traded below $0.1380. A low was formed near $0.1369, and the price is now 
showing bearish signs below the 23.6% Fib retracement level of the downward 
move from the $0.1566 swing high to the $0.1369 low. Dogecoin price is now 
trading below the $0.1450 level and the 100-hourly simple moving average. If 
there is a recovery wave, immediate resistance on the upside is near the 
$0.1420 level. The first major resistance for the bulls could be near the 
$0.1465 level and the 50% Fib retracement level of the downward move from the 
$0.1566 swing high to the $0.1369 low. The next major resistance is near the 
$0.1490 level. A close above the $0.1490 resistance might send the price 
toward the $0.1520 resistance. Any more gains might send the price toward the 
$0.1550 level. The next major stop for the bulls might be $0.1620. More Losses 
In DOGE? If DOGE’s price fails to climb above the $0.1465 level, it could 
continue to move down. Initial support on the downside is near the $0.1370 
level. The next major support is near the $0.1350 level. The main support sits 
at $0.1330. If there is a downside break below the $0.1330 support, the price 
could decline further. In the stated case, the price might slide toward the 
$0.1250 level or even $0.1240 in the near term. Technical Indicators Hourly 
MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. 
Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 
50 level. Major Support Levels – $0.1350 and $0.1250. Major Resistance Levels 
– $0.1420 and $0.1465.

Dogecoin (DOGE) Turns Red Again — Are Traders Bracing for Deeper Declines?

Tokenization is poised to open a vast new financial market in the Philippines, 
with fresh analysis pointing to a multibillion-dollar opportunity driven by 
rapid retail adoption and expanding blockchain access. Report Sees 
Philippines’ $60B Tokenized Market as Entry Point With Upside Philippine 
Digital Asset Exchange (PDAX), Saison Capital, and Onigiri Capital released a 
report projecting […]

$60B Tokenized Potential in Philippines Seen as Opening Move, Not Limit

XRP price started a fresh decline below $2.150. The price is now struggling 
and faces resistance near the $2.10 pivot level. XRP price started a fresh 
decline below the $2.150 zone. The price is now trading below $2.120 and the 
100-hourly Simple Moving Average. There was a break below a key bullish trend 
line with support at $2.180 on the hourly chart of the XRP/USD pair (data 
source from Kraken). The pair could continue to move down if it settles below 
$2.00. XRP Price Dips Again XRP price attempted a recovery wave above $2.150 
but failed to continue higher, like Bitcoin and Ethereum. The price started a 
fresh decline below $2.120 and $2.10. There was a move below the 50% Fib 
retracement level of the upward move from the $1.817 swing low to the $2.286 
high. Besides, there was a break below a key bullish trend line with support 
at $2.180 on the hourly chart of the XRP/USD pair. The price is now trading 
below $2.10 and the 100-hourly Simple Moving Average. If there is a fresh 
upward move, the price might face resistance near the $2.080 level. The first 
major resistance is near the $2.10 level. A close above $2.10 could send the 
price to $2.120. The next hurdle sits at $2.150. A clear move above the $2.150 
resistance might send the price toward the $2.20 resistance. Any more gains 
might send the price toward the $2.250 resistance. The next major hurdle for 
the bulls might be near $2.320. More Losses? If XRP fails to clear the $2.10 
resistance zone, it could start a fresh decline. Initial support on the 
downside is near the $2.00 level or the 61.8% Fib retracement level of the 
upward move from the $1.817 swing low to the $2.286 high. The next major 
support is near the $1.9250 level. If there is a downside break and a close 
below the $1.9250 level, the price might continue to decline toward $1.850. 
The next major support sits near the $1.820 zone, below which the price could 
continue lower toward $1.80. 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 – 
$2.00 and $1.9250. Major Resistance Levels – $2.10 and $2.120.

XRP Price Dips Under Crucial Support, Putting Spotlight on Lower Price Targets

Grayscale’s Chainlink ETF is expected to launch on Tuesday this week, marking 
the first spot LINK ETF to enter the US market.

Cryptocurrency price in BTC