TL;DR
- XRP took a nosedive below $3 but bounced back, and experts say it’s just taking a breather 🛀.
- DOGE whales are on a buying spree, and analysts are whispering about a moonshot to $0.46 or even $5 🚀.
- SHIB is showing signs of life with a massive burn rate and an oversold RSI, hinting at a possible comeback 💪.
Rapid Price Swings for XRP
The past few days have been a rollercoaster for Ripple’s native token, XRP. It hit a new all-time high of around $3.65 on July 18 and almost matched it three days later. But then, like a teenager after a night out, it woke up feeling a bit off and plunged below $3. The bulls managed to drag it back up to around $3.07 (per CoinGecko’s data), but it’s still down over 10% on a weekly scale.
Despite the drop, many analysts are shrugging it off. John Squire, an X user with more than 500,000 followers, reminded everyone that XRP has seen much worse crashes in the past, calling this one “just a coffee break.” 🧑💻☕️
Technical charts are also showing promising patterns, suggesting the uptrend might continue. And let’s not forget the whales, who’ve been busy buying up more than 280 million XRP in just ten days. This could lead to a price rally if demand stays strong, and it’s a good sign that the big players are confident in XRP’s future. Smaller investors might follow suit, hoping to catch the next wave. 🌊
How’s DOGE Doing?
The king of meme coins, DOGE, has also taken a hit, trading at around $0.22. But just like XRP, it’s caught the attention of whales, who’ve scooped up over 310 million DOGE in two days. Analysts are optimistic, with Ali Martinez suggesting that DOGE is “forming a double bottom” and could rally to $0.46 if it regains $0.26 as support. Some, like CryptoELITES, are even more bullish, setting their sights on a $5 all-time high. 🎉
What About SHIB?
SHIB, the second-biggest meme coin, has lost double digits in value over the past week and is now worth about $0.0000136. The downturn was partly due to the overall market correction and a massive transfer of 5 trillion tokens from Coinbase to an unknown wallet. However, the resurgence of the Shiba Inu burning program could signal a price uptick. The burn rate has skyrocketed by 2,700% in the last 24 hours, with the team and community sending around 6.3 million tokens to a dead wallet. This scarcity mechanism aims to make SHIB more valuable.
Moreover, SHIB’s Relative Strength Index (RSI) has dipped to nearly oversold levels, indicating a potential rally. The RSI, which ranges from 0 to 100, shows that ratios around and below 30 are typically bullish, while anything above 70 suggests the token might be overbought and due for a pullback. 📈📉
Read More
- All Data Pad Locations (Week 1) Destiny 2
- PS Plus Monthly Games for August 2025 Wish List
- The 20 Best Real-Time Strategy (RTS) Games To Wishlist In 2025
- Civ 7 DLC LEAKED! Is This Sid Meier’s Most Underrated Game?!
- Violence District Killer and Survivor Tier List
- Prestige Perks in Space Marine 2: A Grind That Could Backfire
- Top 8 UFC 5 Perks Every Fighter Should Use
- Best Ninja Upgrades in Killing Floor 3
- Silver Rate Forecast
- Wuchang: Fallen Feathers Steam Deck Impressions, ROG Ally Performance, PC Features, and More
2025-07-25 14:20