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The recent encryption market can be summed up in one sentence:
The veterans are losing their hair and the newcomers are dancing.
Dogecoin fell below $0.25, Solana was teetering on the $200 mark, and XRP was about to hit $5, but Layer Brett suddenly appeared and stole the spotlight. Let’s chat about this scene.
🐶 Dogecoin: From Fountain of Joy to Sad Puppy
The recent performance of Dogecoin, in the words of netizens, is: “The currency is still there, but the people are gone. ”
The price fell below $0.25 and is now hovering at $0.23.
In technical analysis, a bearish trend line appeared on the hourly chart, pressing above $0.2450, like a pot lid, unable to lift its head no matter what.
If this resistance cannot be broken in the short term, then the bulls will basically be in trouble. In terms of support level:
$0.2320 is the first small threshold
$0.230 is key support
If it falls below $0.2250, it will be dangerous, and it may slide all the way to $0.2120 ~ $0.2050
One sentence comment: Dogecoin is like a lovelorn puppy now. Not only does it have no energy to jump up, it keeps falling down. Want to save it? It depends on whether there is a "rich dad" who is willing to spend money to survive.
☀️ Solana: The $200 mark is teetering on the edge
The plot of Solana is different from that of Dogecoin. It is not a direct hit on the street, but one that slowly grinds away.
It has fallen all the way back from its highs and is now hanging around $200.
There is a small support near $206
But if it really collapses, $193 is a bigger backer.
But the bad thing is that the short sellers are particularly calm now, and the trading volume shows that they are not panicking at all, and they have no intention of destroying it with a hammer.
Instead, it is done slowly and slowly, as if to say: "Don't worry, I have plenty of time." ”
Another technical update: RSI has fallen from overbought and is now in the neutral zone, indicating that the upward trend is gone. If you can’t hold on any longer, $180 will no longer be a dream.
One sentence review: It’s not that SOL doesn’t love you, it’s just that the brakes failed.
💧 XRP: 5 USD Dream VS Layer Brett’s 100x Fantasy
Looking at XRP again, the plot is a bit like a hot-blooded teenage comic.
Now it’s languishing around $2.80, and analysts are shouting: “$5 is almost here! ”
The logic is this:
A symmetrical triangle on a technical chart → indicates a possible breakout
The United States wants to launch a spot XRP ETF → Institutions want to enter the market to support it
As long as it breaks resistance at $3.10, a shot to $5 is possible
Sounds wonderful, right? but! Just when everyone was staring at XRP, LBRETT came out of the blue and took away most of the traffic.
Layer Brett: Dark horse on the second level, meme + technical double BUFF
The setting of LBRETT is very interesting:
Pre-sale price is only $0.0058
Staking rewards are as high as 630% (sounds like a liar, but they really launched the dApp)
It is not a pure Meme, but a Layer 2 solution of Ethereum, focusing on fast, cheap and scalable
Coupled with the fact that the community is posting memes every day, the Telegram group has seen a crazy increase in the number of people, and crypto Twitter has been flooded with discussions, which has directly promoted it to the new top in the currency circle.
Compare this:
XRP: Veteran, following the "steady rise" route, is expected to break through $5, but the increase will be limited.
LBRETT: Rising stars have a very low starting point and a huge room for explosion. They have the opportunity to directly pull out a hundred-fold curve.
This is why many analysts shout:
“XRP may reach $5, but LBRETT may double by itself before XRP reaches $10. ”
📝 Summary
Dogecoin (DOGE): If it can’t hold on, it will continue to fall. Don’t be too optimistic.
Solana (SOL): $200 is the key point. If it cannot hold, it may slip to 180.
XRP: There is hope for the $5 mark, but it depends on trading volume and the progress of ETFs.
Layer Brett (LBRETT): a new dark horse, low price + high popularity + Layer2 support, high hopes for its potential.
There is never a shortage of stories or fresh blood in the cryptosphere. The veterans are slowly pulling away, but the newcomers can become famous directly by relying on memes and community atmosphere.
#Currency Circle#Dogecoin#XRP#SOL
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