币富日记-ADA58699

As the weekend approaches, XRP has once again welcomed its 'last' opportunity for recovery alongside other parts of the cryptocurrency market.

XRP is at a critical turning point, currently testing its 200-day exponential moving average—this long-term support has historically been a core basis for price reversals. With pressure continuing to accumulate, if this support is lost, XRP may fall into a spiral of deep declines.
Intraday, XRP had a strong rebound from the 200-day moving average position, indicating that the bulls are still actively defending this key area, with the current price maintaining around $2.16. However, this support faces significant risk of being broken. If lost, the first potential support below will fall around $1, which is an extremely low level. If the price continues to weaken to this point, it would mean a 50% retracement from XRP's recent high.

The price trend of Dogecoin (Doge) has garnered widespread attention, recently showing bullish potential. According to historical patterns, the Doge price may break through resistance after forming a symmetrical triangle, signaling a move towards the $5 target. The current price is about $0.1925, with expectations to break through the $0.203 resistance in the short term, driving the price upward. Technical data indicates that the key support level is $0.194, and the breakout structure points to an upward trend, with sustained market support being crucial to achieving this goal.

Interest in Dogecoin (Doge) prices is rising as it forms certain patterns that imply a possible bullish trend. If the market remains consistent, the recent movements and historical patterns suggest that the price of Doge could rise to $5.

On Friday (June 6) during the Asian trading session, Bitcoin fell over 2% to around $102,414, stabilizing above $101,500, showing strong resilience despite the market unease caused by new tariffs proposed by the Trump administration.
Yesterday, Bitcoin briefly fell nearly 4%, testing the $100,000 support level before rebounding to above $101,500. The market faced high volume sell-offs and significant outflows from exchanges, reflecting a decrease in retail activity. Meanwhile, Ethereum dropped 4%, repeatedly failing to break the key resistance level of $2,640. Despite continuous buying from institutions, with whales accumulating over $285 million, the overall pressure remains.

UniChartz shared in a recent article on platform X: 'PEPE has shown strength after breaking through key resistance zones,' highlighting a decisive shift in the short-term momentum of this meme coin. This breakout reflects that as the price surpasses the main resistance that had previously constrained upward movement, new buying pressure is emerging.
PEPE has firmly established itself in a strong confluence zone.
The analyst further pointed out that PEPE is currently 'in the process of retesting breakout levels' and stated that 'if this area holds, it will be a typical bullish confirmation.' This retesting phase is crucial; if the bulls can successfully hold the newly formed support area, it may open the door for the next round of upward movement. Overall, the price action indicates that bullish momentum is increasing, and the current consolidation phase may serve as a springboard for the next upward move.

Due to background accumulation, the market may experience a rapid pullback.

If the current trend continues, the psychological barrier at $2 may not last long, as XRP is once again touching key support levels. After being decisively rejected at the $2.20 resistance level, the asset has entered a downtrend, missing the momentum that previously indicated a stronger breakout. The rejection of XRP occurred near the upper limit of a descending triangle, which typically signals a continuation of bearish momentum unless a significant volume breakout occurs.
From a technical analysis perspective, XRP is hovering above the 100 EMA, showing signs of a slow and weak reversal. However, this rebound lacks conviction; the volume remains weak, and momentum indicators like the RSI are hovering around the neutral area of 45, providing little confidence to bulls. The lack of oversold conditions in the Relative Momentum Index (RMI) indicates that a strong rebound from this level is not supported by any significant bullish divergence.

Bitcoin issues an important signal that may trigger a bullish market pullback

The price of Bitcoin currently hovers around $104,400, showing signs of market fatigue, and is at a critical turning point. Although the overall trend remains bullish, warning signals are starting to emerge in the current pullback phase. Among them, the potential formation of a small death cross on the four-hour chart is particularly concerning.

The so-called small death cross refers to a short-term moving average (typically the 20-day or 26-day EMA) crossing below a long-term moving average (such as the 50-day EMA) in a short time. This phenomenon often weakens momentum in a local uptrend, exacerbates bearish sentiment in the market, and triggers stop-losses, although its impact is not as severe as that of a daily-level death cross. If Bitcoin shows this signal in the coming days, the recent bullish momentum may be quickly weakened.