Dogecoin approaches $0.145 support amid falling volume and weak RSI, risking further losses if the level fails to hold.
XRP breaks below the triangle formation and 200 EMA, shifting from consolidation to confirmed bearish movement with rising sell volume.
Shiba Inu faces pressure at $0.000010 as RSI dips below 26 and major averages stay well above current price levels.
Dogecoin's price movement is approaching a critical support level at $0.145 after falling more than 35% from its recent high. The asset has steadily formed lower highs and lower lows, confirming a strong bearish Important technical mark like 50, 100, and 200-day moving averages have turned into resistance after getting penetrated.
Dogecoin continued to exist in a depressed state due to low trading volume and little or no bulls after its fall below the $0.17 mark. The Relative Strength Index (RSI) is currently near 27, indicating oversold conditions, yet volume remains weak.
Without a decisive rebound at $0.145, the token may slide further, with the next psychological level near $0.10 becoming a possible target.
XRP Breaks Triangle Pattern Support
XRP recently invalidated a symmetrical triangle pattern by moving sharply below the 200-day EMA and the key $2.00 mark. The breakdown occurred with high volume, confirming the bearish shift in market structure. For months, XRP held support within this triangle, but the current breach suggests a move from consolidation to active selling.
XRP can make an effort to test the range of $2.05 to $2.10 after breaking the lower trendline. Failure to get back to these levels in a hurry to loss, more losses up to the levels of 1.80 or below may ensue. Its daily RSI is hovering around 32, which indicates that the token is in the process of reaching the oversold zone but is not ready to recuperate yet.
Shiba Inu Struggles at $0.000010 Support
Shiba Inu is trading just above its long-standing support at $0.000010 following weeks of gradual decline. This level has historically offered a base for short-term recoveries, but the current conditions show little buyer interest. All major moving averages remain above the current price and continue trending downward.
Trading volume for SHIB has continued to drop, which indicates a lack of market participation. The RSI is now below 26, further confirming its oversold status. If the asset fails to hold above $0.000010, a sharper decline could follow, potentially adding another zero to the token's price.
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