XRP and Dogecoin at Critical Price Levels: Analysts Warn of Increased Risks

XRP Struggles with Critical Resistance Zone

The XRP price is in a critical phase. Should the market fail once again to break through the yellow resistance zone, the probability of another sell-off increases significantly according to technical analysis^[1]. In this case, the underlying support zone comes into focus, where XRP would need to develop sufficient stability to form a possible W-Pattern – a classic bullish reversal signal^[1].

The area around the 800-day EMA remains particularly relevant. If this average line is broken downward and not held as support, the risk increases considerably that the entire previous wick will be worked off again^[1]. The current heatmap confirms this scenario: below the market, there continue to be larger liquidity pools that could pull the price downward like a magnetic target^[1].

Bitcoin Development Crucial for XRP

Since no macroeconomically relevant US data is expected for the current trading day, attention is increasingly turning to Bitcoin. BTC must defend its local low and cannot afford further weakness, as renewed weakness would make building stable structures for XRP considerably more difficult^[1].

In the 4-hour chart, it appears that the price could be rejected at the 50-EMA again. Such a pullback would likely lead the price toward the red support zone, where numerous long positions are located according to liquidation levels^[1]. However, should the price manage to hold above the 50-EMA, the next decisive step would be a breakout above the yellow box and the yellow resistance line^[1].

Grayscale Dogecoin ETF Launches Today

Today, Monday, Grayscale's Spot Dogecoin ETF is set to launch, triggering bullish speculation^[2]. The DOGE price has moved between $0.14355 (low) and $0.14930 (high) over the last 12 to 24 hours^[2]. The current closing price stands at $0.14503, approximately 1.5 percent below the closing price from 24 hours ago at $0.14724^[2]. Market capitalization amounts to approximately $22 billion^[2].

Technical Situation for Dogecoin Neutral

The price is trading just below the 20-EMA at $0.14513 and has shown a series of slightly higher lows since November 22 without clear confirmation through higher highs^[2]. Immediate support lies at $0.14355, followed by $0.14027, while resistance levels are located at $0.14730 and $0.14930^[2].

The overall assessment remains neutral with a slight bullish lean. A clean breakout above $0.14930 with confirmation above the 20-EMA could open room for a short-term advance to approximately $0.160^[2]. Conversely, a break below $0.14355 would activate the bearish scenario and make declines toward $0.120 to $0.110 possible^[2].

With both altcoins, critical price levels are thus in focus, whose breakthrough or defense will substantially determine the further direction.