The movement of XRP, DOGE and SHIB has been polarized following the recent expansion of the encryption market. According to a press comment article, XRP is trying to stop the fall near US$ 1.10 and DOGE is receiving a certain amount in the vicinity of US$ 0.08, while SHIB ' s technical shape remains weak and short-line pressure has not been significantly removed.

XRP focused on $1.20.

According to the article, after the previous fall of the XRP, supported by US$ 1.28, the pressure on the sale had increased rapidly and the price had fallen to about US$ 1.05. Since then, although there has been a rebound, the strength remains limited, indicating that market sentiment remains cautious.

  • The average daily line is about $1.20.
  • The average daily line is about $1.28.
  • 200 average daily at about $1.35

According to the article, if the price could rise again to $1.20, the market could rise further to the expected temperature of $1.28; if it failed, the XRP would still be able to return to the recent lows.

Could DOGE return to $ 0.1?

Doge is currently in the vicinity of $0.084. According to the article, the currency had previously fallen into an upward support line that had developed since February and was then under pressure again, but the empty head had temporarily failed to lower the price significantly below $0.08, indicating that there was still buyout participation in the low.

In terms of the position of resistance, the DOGE short-line was first subjected to an average of approximately US$ 0.089, while the higher resistance was close to US$ 0.098 and US$ 0.114. The article mentions that the so-called “no-no-growth” refers primarily to the return of the price to the top of $0.10 — that is, zero after a decimal point, as the market often says.

It is also mentioned that during the decline in the DOGE, the level of engagement increased and the kinetic energy indicators stabilized. This is considered to have eased, but is not sufficient to confirm independently that the trend has reversed.

SHIB is still in vulnerable areas.

By contrast, SHIB's performance was weaker. According to the article, SHIB had recently fallen into an uplink that had been formed since March and had been broken into a pre-existing biased structure, followed by a quick fall back. The current price, which is around US$ 70,00047, remains below the main average.

The average of 50 days, 100 days and 200 days above SHIB, according to the text, is approximately US$ 0.000050, US$ 0.000055 and US$ 0.000057 respectively. According to the article, this arrangement indicates that the seller remains active.

In addition, the small rebound formation of SHIB after its fall has not been accompanied by significant discharges, suggesting that the recent rebound is more of a recovery after the fall than a strong incremental buy-in. According to the article, SHIB is still at risk of re-entering the lower position in the near future if it is not possible to re-establish its position of US$ 70,00050 and recover the 50-day average.