Dogecoin

Top altcoins, including Ripple (XRP), Cardano (ADA), and Dogecoin (DOGE), face imminent downside risk as prevailing upside momentum recedes toward neutral.

Dogecoin (DOGE) ticks higher on Friday after facing two consecutive days of around 3% losses. Institutional demand declines after Bitwise announces the liquidation of its Dogecoin Exchange-Traded Fund (ETF) on Thursday.

Dogecoin (DOGE) holds a modest bullish bias, trading above the key support zone around $0.090 at the time of writing on Tuesday; however, it is capped below the 200-day Exponential Moving Average (EMA) near $0.094.

Ripple (XRP), Cardano (ADA), and Dogecoin (DOGE) remain weak after double-digit losses last week, testing their crucial Exponential Moving Averages (EMAs) for immediate support. The technical outlook warns of further weakness in the prices of XRP, ADA, and DOGE as bullish momentum eases.

Ripple (XRP) and Dogecoin (DOGE) are facing downside pressure after double-digit gains last week, while Solana (SOL) extends its rally to $100. The technical outlook for XRP, SOL, and DOGE points to potential upside as the broader market sustains a risk-on sentiment.

Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), are losing their bullish momentum after last week’s double-digit gains. Facing downside pressure amid profit-taking, DOGE and PEPE risk further decline while SHIB holds at a support level.