Review:

DOGE and XRP trend analysis and opening strategy

DOGE

The current daily line price is around 0.237, rebounding from the previous low of 0.188.

In terms of moving averages: MA(7) has turned upwards, and the price is above MA(25) and MA(99), showing signs of stabilization.

The trading volume is gradually increasing, indicating that funds are slowly returning.

4-hour trend

After continuously closing positive K-lines, it encountered pressure around 0.242 and experienced a slight pullback.

The MACD golden cross is below the zero axis, and the trend is slightly stronger, but there may be repeated oscillations in the short term.

Support level: 0.225 – 0.228, consider buying low if it falls here.

Resistance level: 0.245 – 0.25, once broken through, there is a chance to hit 0.27.

Operation suggestions:
👉 If it retraces to the support (around 0.225), you can open a long position with a small position, with a target of 0.245~0.27, and a stop loss below 0.218.
👉 If it breaks through 0.25 strongly, you can chase the long position with half or less position.

This wave of Dogecoin has a bit of a "head up" sign, but the pressure above is not small. Don't go all-in at once. You can wait for it to retrace or break through before catching up.

XRP

The current daily line price is 3.05, and the previous low of 2.72 has rebounded.

In terms of moving averages: MA(7) has started to rise, but MA(25) is still pressing above, and the short-term pattern is still oscillating.

From the daily line, the volume has increased compared to the previous period, and market popularity is recovering.

4-hour trend

It rebounded quickly from 2.78 to 3.10, but it encountered pressure and fell back. It is currently oscillating in the 3.00 – 3.05 range.

The MACD golden cross is running, the trend is upward, and there may be a second pull-up in the short term.

Support level: 3.00 – 2.95

Resistance level: 3.10 – 3.17

👉 You can ambush long orders near 3.00 – 2.95, with a target of 3.10 – 3.17.
👉 If it stabilizes at 3.17, the subsequent space will be opened, and it may touch 3.30+.
👉 But if it falls below 2.92, pay attention to the stop loss.

XRP has just rebounded a wave, and it means a bit of a "rest" in the short term, but the support is relatively strong. If it can hold 3 yuan, there is still a chance in the future.

DOGE: The oscillation is slightly stronger, suitable for buying low or breaking through to chase more.

XRP: The key support is at 3.0, and maintaining it is a more bullish idea.

Don't use heavy positions in operation, it is best to layout in batches, and keep your mentality stable.