DOGE
Dogecoin is currently hovering around the key support level of $0.145, down over 35%, with market volatility and insufficient bullish momentum. The price continues to fall below the 50-day, 100-day, and 200-day moving averages, forming a bearish pattern. After recently breaking below $0.17, further downside is possible. If it cannot hold $0.145, it may drop to last year's low. However, $0.145 has historically been a strong support level, and if trading volume increases and RSI rebounds from the oversold zone (around 27), a short-term rebound or consolidation may occur.
Current trading volume is low, and market confidence is insufficient. Unless there is a significant positive catalyst (such as market recovery or a retail surge), a rebound is only theoretically possible. Investors should closely monitor the performance at $0.145, as a drop below this level may lead to a test of $0.10 or lower.
XRP
XRP failed to break through the symmetrical triangle formation, falling below the 200-day moving average and the downward trend line, losing key support. The price has dropped below the psychological level of $2, shifting from consolidation to active selling, with trading volume surging and RSI dropping to 32 (close to oversold), indicating bearish sentiment. Breaking below the 200-day EMA suggests a breakdown of the long-term bullish trend, potentially entering consolidation or continued decline.
XRP may test the support level of $2.05-$2.10. If it cannot quickly recover, it may further decline to $1.70-$1.80. The trend has now turned downwards.
SHIB
Shiba Inu (SHIB) price is approaching a key turning point, currently slightly above the support level of $0.000010, which may trigger a rebound or further plunge. SHIB has been in continuous decline, with the 50-day, 100-day, and 200-day moving averages all trending downwards, far above the current price, and decreasing volume indicates reduced interest from retail investors.
RSI has dropped to 26, severely oversold. $0.000010 may provide temporary support and trigger a technical rebound, but weak trading volume lacks confidence. If this level is broken, selling pressure may intensify, leading to a potential price collapse, with a lack of structural support resulting in significant downside risk.
