XRP Price Dips Below Support – Is A Bearish Breakdown Now Underway?

The ongoing bearish pressure in the general crypto market is growing significantly, and Bitcoin, the largest digital asset, has fallen sharply below the $103,000 price mark. With several indicators exhibiting negative signals, the current downward trend seems poised to extend, targeting deeper, crucial support levels. A Notable Bearish Breakdown In Bitcoin’s Price Impending While Bitcoin’s […]

Dogecoin Price Key Highlights. Dogecoin price continued to remain under the bearish pressure after a critical break below 50.0 Satoshis. There was a nasty move down, which took the price lower, but it was limited due to buyers putting up a fight. A recovery in underway, but it looks like buyers are struggling to hold the ground. Dogecoin price is under a bearish pressure, as there are many hurdles on the way up, and puts it on the risk of a down-move. Retest of lows? There was a break below a major support area of 50.0 Satoshis, as highlighted in yesterday's post. The downside was as....

XRP price started a fresh decline below the $3.00 zone. The price is now showing bearish signs and might decline further below the $2.880 zone. XRP price is moving lower below the $3.00 support zone. The price is now trading below $2.950 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.980 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it dips below $2.880. XRP Price Dips Below Support XRP price failed to extend gains above $3.20 and started a fresh decline, like Bitcoin and....

Shiba Inu is under mounting pressure, bringing the key $0.00001272 support level into focus. After multiple failed attempts to reclaim higher levels, sellers have tightened their grip, pushing SHIB toward a potential breakdown.  The declining buying interest and growing bearish sentiment suggest that a decisive move below this support could open the door for a deeper correction, reinforcing a more bearish outlook for the meme coin. If bulls fail to step in and defend this critical zone, SHIB could see increased volatility, with lower support levels coming into play.  On the other hand, a....

Litecoin Price Key Highlights. Litecoin price previously broke below a rising trend line support, indicating that a reversal from the recent climb is underway and that further losses are likely. Price showed follow-through with its bearish move, although a retracement to the broken support zone might still be possible later on. Litecoin price is still being dragged lower by sellers, as the selloff hasn't looked back since its breakdown from the rising trend line on the 4-hour time frame. Technical signals show exhaustion. The selloff might be losing steam, as technical indicators like....