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Dogecoin is at a critical juncture. Although some old players have begun to withdraw and adjust their positions, the market does not seem to have given up hope for this doge coin. According to on-chain data, long-term holders are carefully moving their chips around — a move that reports suggest often signals a shift in sentiment. On October 31, Hodler’s net position change turned negative for the first time in weeks: about 8.2 million DOGE were transferred into the wallet, but 22 million DOGE were transferred out, a reversal of about 36%, which clearly shows that veterans are taking advantage of the situation. To put it simply, if HNPC is positive, it means that everyone is hoarding coins and is full of confidence.； If it is negative, it means someone is reducing their positions and cashing out. The current trend shows that Dogecoin veterans have chosen to partially leave the market after consolidation, and volatility may intensify in the short term. ⚡ Markets wait and see, DOGE testing key supportDOGE is struggling to hold key support at $0.18, but the price is currently slipping to $0.165, showing hesitation and uncertainty in the market. This price is not only a technical support, but also a psychological threshold - every time it falls here, there will always be buyers to support it.  If Dogecoin can regain stability above $0.18, it will have the opportunity to rebound to the range of $0.195~0.205 in the short term, and short-term traders may be able to make a wave of profits. However, she also reminded that the current market momentum is weak and operations should be cautious. If DOGE breaks below $0.175, bears may stage a comeback and test lower support further. The trend in the next few days will determine whether Dogecoin holds its ground or falls into a deeper downward channel. One sentence summary: Dogecoin is now hanging on the edge of a cliff, and the next step will either be a rebound or continue to “shed”. ⚠️ The XRP correction is not over yet? Technical signals suggest a retest of $2.05XRP hasn’t been having a good time lately either. It has fallen 23% since the market plunged in mid-October. Many analysts believe that XRP’s adjustment may not be over yet. Although the news that Ripple cooperated with Mastercard, WebBank, and Gemini to launch the RLUSD stablecoin once ignited enthusiasm and pushed XRP to $2.41, this surge was short-lived, and the price soon fell back.  XRP is currently running below the Fibonacci wave 1 low, indicating that the wave 3 low of $2.05 has not been fully tested. There is also a clear bearish divergence in the RSI, supporting the opportunity for price to test the lower trendline again. 💥 But don’t be too quick to bet on the bears – analysts are still bullish on a 20x surge in XRP?Despite the pressure on the short-term trend, some technical analysts still firmly believe that the ultimate explosion of XRP is still to come. XRP is currently more likely to be in a bottoming range than a typical rising wedge. According to wave theory calculations, the potential target range for wave 3 may be as high as $14 to $25! What’s even crazier is that XRP’s extreme target may even challenge $50, corresponding to an increase of up to 2,155%! Many people only focus on the $0.77 gap on Binance, ignoring the "$50 wick" that XRP once hit on the Gemini exchange, and the symmetry of the market may finally push it to reach that amazing height again. Currently, XRP is quoted at $2.22, still up 318% during the year. Although there is still adjustment pressure in the short term, in the long term, XRP’s “bull market story” is obviously not over yet.  🔥 To summarize in one sentence: Dogecoin is teetering on the edge of $0.18, while XRP is waiting for a reversal of fortunes. Whether it’s fear or enthusiasm, the crypto market seems to be brewing for a new outbreak. Want to be the first to seize the trend of Dogecoin and XRP? Remember to follow me and watch the market together to avoid getting lost! ” #Currency Circle#Dogecoin#XRP#Blockchain#Altcoin Want to join the circle to chat together and seize the next opportunity? 📱 WeChat: LYH-Love-ZJ📱 DingTalk: ysygnb520  |
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