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Free skirt + Q: 3914125409 No threshold, no charge There is no charge to enter the community skirt, no exchange Click on the blue words above to follow and not get lost Recently, the encryption market has entered a period of shock, and the trends of mainstream currencies vary. Among them, Dogecoin (DOGE) was blocked before the key resistance level, and the power of the bulls was significantly weakened. ； Ripple (XRP) rebounded from lows and showed some recovery momentum. Let’s take a look at the latest performance of the two separately. 🐶 Dogecoin (DOGE) Price Analysis: Bulls are struggling at the $0.20 markDogecoin has had a volatile trend in recent days, and after rebounding it is still difficult to break through the key price of $0.20. This position is not only a previous pressure point, but also an important "control area" of the market. It has been a high ground where prices have been suppressed many times. Although prices have rebounded recently, transaction volume has been significantly low, indicating a lack of enthusiasm from buyers in the market. To put it simply, "there are not many people who want to rise and there are not enough funds willing to take over", which results in the market being unable to break through the resistance. If this weak trend continues, Dogecoin is likely to pull back again to test the $0.15 support. This area was where the main funds concentrated in the past, so it still has some support in the short term. To truly turn the tide, Dogecoin must break out at the daily level and hold firmly above $0.20, accompanied by significant volume. Only in this way can buyers regain the initiative and market sentiment will shift from caution to optimism. Once a successful breakout occurs, DOGE may start a new leg higher, with the next target targeting the $0.26 area. By then, bull confidence is expected to be fully restored, and the market may usher in a short period of strength.  👉 Let’s summarize the key points of DOGE:
💧 Ripple (XRP) Price Analysis: Rebounding from Lows, Short-term Momentum GainsUnlike Dogecoin’s struggles, Ripple (XRP) has been slightly positive lately. The coin managed to halt its decline after finding support near $2.50 and is starting to show some signs of a rebound. From the perspective of technical indicators, RSI (relative strength index) has rebounded from the oversold area, which means that the market selling pressure has begun to weaken and buying power is gradually increasing. At the same time, MACD has also begun to move closer to the "Golden Cross" direction, indicating that the short-term momentum is changing from idle to long. If XRP can stabilize above $2.60, market sentiment may pick up further, validating the short-term bullish structure. Next, the upper resistance level that investors will focus on will be near $3.00, which is also an important level that determines whether the rise can continue. From the overall trend, the current trend of XRP is more towards a "technical rebound", but as long as the bulls can continue to hold the support level and maintain the coordination of trading volume, an upward trend may be extended in the short term.  👉 XRP key observation points:
📊 Summary: The long-short game is fierce and market signals are divided.At present, the encryption market as a whole is in a "hesitation period." The sentiment of the "popular coin" represented by Dogecoin is still cautious, and there is insufficient willingness to break through. ； Ripple, as an old mainstream technology-based currency, has shown certain signs of recovery. In the short term, DOGE needs stronger trading volume to break through the $0.20 pressure, otherwise the risk of a correction remains； If XRP can continue to hold support at $2.60, it is expected to lead to a recovery in market sentiment. Investors should remain rational at the current stage and do not blindly chase prices or panic sell, but pay attention to changes in trading volume and key prices. When the price breaks through or falls below these key points, you can then operate with the trend to grasp a more stable rhythm.  |
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