DOGE slides below $0.070 as market sentiment weakens

Key takeaways

  • Dogecoin (DOGE) is trading below $0.070 after dropping 5% in the previous session.
  • Risk-off sentiment driven by geopolitical tensions has reduced demand for speculative assets like meme coins.
  • DOGE futures open interest has declined, while trading volume has surged 76%, indicating increased retail activity.

Dogecoin (DOGE) remained under pressure on Friday, trading below $0.070 after suffering a 5% decline in the previous trading session.

The world’s largest memecoin has weakened alongside the broader cryptocurrency market as investors reduce exposure to speculative assets amid heightened geopolitical tensions and deteriorating market sentiment.

Geopolitical uncertainty weighs on memecoins

Dogecoin has historically been one of the most sentiment-driven cryptocurrencies, with its price closely tied to retail investor enthusiasm and broader market risk appetite.

Recent geopolitical developments, including escalating tensions between the United States and Iran, have pushed investors toward a more cautious stance.

The decline in market confidence is reflected in CoinMarketCap’s Fear & Greed Index, which dropped to 37 on Friday from 40 earlier in the week, signaling that sentiment is shifting further toward fear.

As speculative demand fades, meme coins such as DOGE have experienced stronger selling pressure than many larger cryptocurrencies.

Dogecoin’s derivatives market presents a mixed picture. According to CoinGlass, DOGE futures open interest declined to approximately $1.10 billion, indicating a slight reduction in outstanding leveraged positions.

However, futures trading volume surged 76% to around $1.38 billion, suggesting retail traders remain highly active despite the recent price decline.

The increase in trading activity alongside falling prices points to heightened volatility rather than renewed bullish conviction.

Additional derivatives indicators continue to favor sellers. DOGE’s perpetual futures funding rate slipped to approximately -0.0016%, indicating that short sellers are paying long-position holders.

Negative funding rates generally reflect bearish market expectations and growing demand for short positions.

DOGE remains below key technical levels

From a technical perspective, Dogecoin continues to trade within a well-established downtrend.

The meme coin remains below both the 50-day EMA at $0.0788 and the 200-day EMA at $0.1032

Remaining beneath these indicators keeps the short-term and medium-term outlook tilted in favor of sellers.

Momentum indicators show bearish conditions persist, although DOGE is approaching oversold territory.

The Relative Strength Index (RSI) is hovering near 31, indicating selling pressure remains strong, and the asset is nearing levels where buyers may begin looking for value.

Meanwhile, the Moving Average Convergence Divergence (MACD) is testing its signal line, suggesting bearish momentum may continue building if sellers maintain control.

The next important support level lies at $0.0641. A daily close below this level could accelerate losses and trigger another wave of selling.

On the upside, buyers must overcome several resistance levels before sentiment can improve:

  • $0.0700 – Immediate resistance
  • $0.0777 – Secondary resistance
  • $0.0788 – 50-day EMA

Together, these levels form a significant resistance zone that bulls must reclaim to signal a potential trend reversal.

DOGE/USD 4H Chart

Dogecoin remains vulnerable as weakening market sentiment and geopolitical uncertainty continue to pressure speculative assets.

Unless broader market sentiment improves and DOGE reclaims the $0.070–$0.079 resistance zone, the meme coin could remain on course to test support near $0.0641 in the coming sessions.

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Bears maintain control for ADA as mixed derivatives signal market uncertainty

Key takeaways

  • Cardano (ADA) is trading below $0.168 after being rejected at the 50-day EMA.
  • Derivatives data presents mixed signals, with the long-to-short ratio remaining bullish while funding rates have turned negative.
  • Large Cardano whales have accumulated approximately 120 million ADA since Monday.

Cardano (ADA) extended its losses on Friday, trading below $0.168 after buyers failed to overcome resistance at the 50-day Exponential Moving Average (EMA) earlier in the week.

Although some large investors continue accumulating ADA, mixed derivatives data and subdued technical indicators suggest the market remains uncertain about the cryptocurrency’s next major move.

Derivatives data reflects divided trader sentiment

Cardano’s derivatives market is sending conflicting signals. According to CoinGlass data, ADA’s long-to-short ratio stood at 1.07 on Friday. 

A reading above one indicates that more traders are positioning for price gains than declines, reflecting a modest bullish bias among leveraged traders.

However, other derivatives metrics tell a different story. Cardano’s perpetual futures funding rates flipped into negative territory on Thursday and remained at approximately -0.014 on Friday.

Negative funding rates indicate that short sellers are paying long-position holders, typically signaling increased bearish sentiment and expectations of further downside.

The contrast between bullish positioning and negative funding highlights growing uncertainty among traders.

On-chain data suggests larger investors have continued buying despite recent price weakness.

According to Santiment, wallets holding 1 million to 10 million ADA and 10 million to 100 million ADA have accumulated approximately 120 million ADA since Monday.

Meanwhile, wallets containing 100,000 to 1 million ADA have shown relatively little activity.

The selective accumulation by larger holders may indicate confidence in Cardano’s longer-term outlook, although the buying has not yet been strong enough to trigger a broader shift in market sentiment.

ADA remains below major moving averages

From a technical standpoint, Cardano continues to trade within a broader bearish structure.

ADA remains below the 50-day EMA ($0.176), the 100-day EMA ($0.202), and the 200-day EMA ($0.267)

The inability to reclaim these levels suggests sellers remain in control of the medium-term trend.

Technical momentum indicators point to a market lacking clear direction. The Relative Strength Index (RSI) is hovering near 48, reflecting balanced buying and selling pressure without a strong trend.

Meanwhile, the Moving Average Convergence Divergence (MACD) remains slightly above the zero line, suggesting that although occasional recovery attempts continue, bullish momentum remains relatively weak.

Adding to the technical challenge, a previously broken long-term downtrend line near $0.197 has now become a significant resistance level.

For bullish momentum to strengthen, ADA must first overcome several nearby resistance levels, including $0.176 (50-day EMA) and $0.197 (former long-term trendline resistance).

A sustained move above these barriers would improve Cardano’s short-term outlook.

On the downside, traders are watching:

  • $0.150 – Immediate horizontal support
  • $0.138 – Key Fibonacci support

A break below $0.138 could expose ADA to fresh lows and reinforce the broader bearish trend.

ADA/USD 4H Chart

Cardano continues to face selling pressure after failing to reclaim the 50-day EMA, while mixed derivatives signals reflect uncertainty among market participants.

For now, ADA’s ability to hold above $0.150 while reclaiming the $0.173-$0.176 resistance zone will likely determine whether the token can build a stronger recovery or extend its recent decline.

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ZEC dips toward the 50-Day EMA as momentum softens

Key takeaways

  • Zcash (ZEC) is trading above $500 but continues to face selling pressure beneath a descending resistance trendline.
  • The token remains above its 50-day EMA at $489 and 200-day EMA at $407, preserving its longer-term bullish structure.
  • Technical indicators show mixed signals, with the RSI near neutral and the MACD slipping below zero.

Zcash (ZEC) extended its recent pullback on Thursday, trading above the $500 level as sellers continued to defend a key descending resistance trendline.

Although short-term momentum has weakened, the privacy-focused cryptocurrency remains above important long-term support levels, suggesting that the broader uptrend has not yet been invalidated.

Descending trendline limits upside

ZEC has struggled to overcome a descending trendline that currently sits near $581. Repeated rejections at this resistance level indicate that sellers remain active during rallies, preventing the token from extending its previous bullish advance.

Despite the recent weakness, Zcash continues to trade above both its 50-day Exponential Moving Average (EMA) at $489 and the 200-day Exponential Moving Average (EMA) at $407

Holding above these moving averages suggests that buyers still retain control of the longer-term trend, even as short-term momentum cools.

Momentum indicators currently provide a balanced outlook for Zcash. The Relative Strength Index (RSI) is hovering around 52, remaining close to the neutral 50 level. This indicates that neither buyers nor sellers have established clear dominance, reflecting a period of consolidation.

Meanwhile, the Moving Average Convergence Divergence (MACD) has slipped below the zero line, signaling that bullish momentum has weakened in the near term.

While the MACD points to increasing downside pressure, the broader market structure remains constructive as long as key support levels continue to hold.

Key resistance levels

The first major challenge for ZEC is the descending resistance trendline near $581. A successful breakout above this barrier would strengthen the bullish outlook and could pave the way for a retest of the previous swing high around $690.

Reclaiming these levels would signal renewed buying interest and potentially restart the broader uptrend.

On the downside, the 50-day EMA at $489 serves as the most important immediate support.

A sustained move below this level could expose ZEC to additional selling pressure, although the 200-day EMA at $407 remains a strong longer-term support zone that could attract buyers if the correction deepens.

ZEC/USD 4H Chart

Zcash remains in a healthy long-term uptrend despite its recent pullback. While weakening momentum and resistance around $581 continue to cap gains, the token’s ability to remain above both its 50-day and 200-day EMAs suggests that the broader bullish structure remains intact.

A decisive break above the descending trendline would likely shift momentum back in favor of buyers, while a loss of support at the 50-day EMA could trigger a deeper correction before the next upward move.

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XRP faces resistance below the 50-Day EMA despite improving momentum

Key takeaways

  • XRP continues to trade below its 50-day EMA, keeping the short-term trend bearish.
  • Momentum indicators are improving, with the MACD turning more positive and the RSI rising to around 55.
  • A break above $1.15 could strengthen the recovery, while failure to do so may trigger another pullback.

Ripple’s native token, XRP, remained under pressure on Thursday, extending its corrective phase as it traded below the 50-day Exponential Moving Average (EMA). 

Although the cryptocurrency has rebounded from recent lows, buyers continue to face strong resistance that has limited the recovery.

The current technical setup suggests that while bullish momentum is gradually improving, XRP has yet to confirm a sustained trend reversal.

50-Day EMA continues to cap upside

XRP is currently trading below the 50-day EMA at $1.1458, while remaining well beneath the 200-day EMA at $1.4425.

These moving averages continue to act as significant resistance levels, preventing the token from building stronger upward momentum.

Recent price action indicates that buyers have successfully defended lower support zones, but rallies have repeatedly stalled before reclaiming key technical levels.

Despite the broader corrective trend, technical indicators suggest that buying pressure is slowly returning.

The Moving Average Convergence Divergence (MACD) remains on an upward trajectory, with both the MACD line and signal line advancing while the histogram continues expanding into positive territory. This indicates that bullish momentum is strengthening.

Meanwhile, the Relative Strength Index (RSI) has climbed to approximately 55, placing it above the neutral 50 level. The reading suggests buyers are gradually regaining control without the market entering overbought conditions.

Together, these indicators point to improving market sentiment, although confirmation of a sustained recovery will require a breakout above key resistance.

Key Resistance Levels

The first major obstacle for XRP is the 50-day EMA at $1.1458. Just above that sits the 50% Fibonacci retracement level of the recent decline from $1.2935 to $1.0092, located around $1.1514.

A decisive move above this resistance zone would improve the short-term outlook and could encourage additional buying interest.

If XRP fails to break higher, traders will likely monitor several important support areas:

  • 38.2% Fibonacci retracement: $1.1178
  • Broken ascending trendline: Around $1.0937
  • 23.6% Fibonacci retracement: $1.0763
  • Recent swing low: $1.0092

Holding above these support levels would help preserve the current recovery structure, while a break below them could expose XRP to further downside.

XRP/USD 4H Chart

XRP remains in a cautious recovery phase, supported by improving momentum indicators but constrained by significant technical resistance.

A successful breakout above the $1.1458–$1.1514 resistance zone would provide the first meaningful signal that bulls are regaining control. Until then, the token is likely to remain in a consolidation phase, with traders watching whether support around $1.12 can withstand renewed selling pressure.

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XRP price eyes breakout as golden cross, whale accumulation and XRPL activity surge

  • XRP holds above the $1.13 breakout level.
  • Whale selling drops as large holders increase accumulation.
  • XRPL daily payments surpass 500,000 transactions.

XRP recently moved above the $1.13 level, a price zone that many traders had been watching as a major resistance area.

Holding above this level has shifted attention toward higher resistance levels, with market analyst Dark Defender identifying $1.22, or approximately $1.2269, as the next upside target using Elliott Wave analysis and Fibonacci extension levels.

Dark Defender’s analysis suggests that maintaining support above the breakout zone remains critical for the bullish structure to stay intact.

A sustained move above the current range would strengthen the technical setup, while a drop back below the breakout level could trigger another test of lower support.

Golden cross and breakout strengthen XRP’s technical picture

Another development attracting attention is the appearance of a golden cross, a chart pattern that occurs when a shorter-term moving average crosses above a longer-term moving average.

Shiba Inu price analysis

This signal has historically been associated with improving medium-term momentum.

Although a golden cross does not guarantee higher prices, it is widely regarded as one of the stronger confirmation signals when it appears alongside a confirmed breakout.

The combination of a resistance breakout and a golden cross has created a stronger technical backdrop than either signal would have provided independently.

Focus is now on whether XRP can build enough momentum to challenge the next resistance area identified by Dark Defender.

Whale accumulation replaces heavy selling pressure

On-chain data has also shown a noticeable change in the behaviour of large XRP holders.

Recent blockchain metrics indicate that whale selling pressure has dropped to its lowest level recorded since 2025.

Earlier in the year, hundreds of millions of XRP were regularly transferred by large holders to exchanges, increasing potential selling pressure.

Those exchange inflows have since declined sharply, suggesting that major holders are becoming less active sellers.

At the same time, blockchain data points to accelerating whale accumulation, indicating that some large investors are increasing their XRP positions instead of reducing them.

Normally, buying activity from large wallets reduces immediate selling pressure on the market.

Even so, whale accumulation alone does not determine future price direction. A sustained rally still depends on broader market demand and continued buying interest across both institutional and retail participants.

XRPL network activity reaches important milestone

Beyond price action, the XRP Ledger has also recorded stronger network usage.

Daily payment activity on the XRPL recently climbed above 500,000 transactions, marking one of the strongest levels of network utilisation in recent months.

XRPL payment transaction

Payment volume is one of the key indicators used to measure blockchain activity because it reflects how frequently the network is being used for transfers and settlement.

The increase in payment activity comes alongside growing development across the XRPL ecosystem, including projects focused on integrating artificial intelligence with blockchain infrastructure.

While these initiatives are still developing, they point to broader activity taking place beyond simple token trading.

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