The Crypto Basic

The earlier upward momentum for the prominent meme coin #shiba⚡ Inu has decayed, pushing prices back to the yearly demand stronghold.
Shiba Inu (SHIB) dropped to the support level following its Trump tariff-inspired decline to $0.00000745 yesterday, in line with broader crypto market trends. While this has cut down the asset’s year-to-date profitability from 46% to 13.9%, it could be part of a broader bullish formation.
Key Points
Shiba has collapsed to the yearly support from which it bounced on January 1.The recent SHIB consolidation also aligns with a trend within a tightening descending channel on the weekly chart.Two scenarios are possible here: further decline to retest the wedge’s lower support trendline or a bullish reversal to target its neckline resistance.Further downsides will see SHIB retest multi-year lows, while reclaiming the channel’s neckline fuels the prospect of a breakout to retest multi-year highs
Shiba Inu Bullish Reversal Wedge Still Valid
Shiba has collapsed to the yearly support from which it bounced on January 1. The token held this higher-timeframe demand zone despite the abysmal performance in the last quarter of last year, underscoring its importance for subsequent price action.
Notably, the recent consolidation also aligns with a trend within a tightening descending channel on the weekly chart. Shiba Inu has remained trapped within this structure since its May 2025 high of $0.00001765, and multiple attempts to break free have failed.

The recent drop to the yearly support still aligns with the trend within the channel. Meanwhile, two scenarios are possible here: further decline to retest the wedge’s lower support trendline or a bullish reversal to target its neckline resistance. Each outcome depends on the prevailing momentum around Shiba Inu and the broader crypto market mood.
Specifically, further downsides will see SHIB retest multi-year lows. However, reclaiming the channel’s neckline fuels the prospect of a breakout to retest multi-year highs.
Lower Timeframe Confirmation
On the daily chart, this accumulation within the descending channel remains in place. The January 5 swing to $0.00001009 saw Shiba Inu make its closest reach for the upper resistance trendline since September 2025.
If Shiba Inu recovers from the recent price rejection and resumes another northward push, it could target the upper resistance trendline at $0.0000110. However, an opposite price trend may occur, and prices could continue to trend lower. 
Hence, this outlook is based solely on data and technical developments and provides no certainty, nor is it financial advice.
#CryptoNewsFlash

#XRP must break above key resistance levels to trigger a bullish shift, while failing to do so could lead to a retest of critical support.
XRP is currently trading at $1.95, down about 0.3% in the last 24 hours. The price action has been relatively negative within this period, with a daily range between $1.94 and $2.02. The 24-hour trading volume remains significant at $2.84 billion; however, the volume has dropped 19.03%.
Over higher time frames, XRP’s recent performance has been a mix of volatility and a general decline, with a 5.5% drop over the last 7 days and 17.9% loss in the past 14 days. However, XRP has shown some resilience over the last 30 days, up by 1.6%, indicating that the asset faces near-term downward pressure.
Where’s XRP Headed?
On the technical end, the Bollinger Bands indicator shows the price is approaching the lower band, currently set at $1.8687. This could signal a potential reversal or at least a temporary support area, but the price is still clearly under pressure as it remains below the middle band around $2.0830.

Elsewhere, the Average Directional Index at 23.29 indicates that the market’s trend strength is moderate but moving to the downside. While this suggests some trend activity, the relatively low reading points to a lack of strong directional momentum.
Traders may need to wait for the price to either break above the middle band or retest support near the lower band to determine the next move. If XRP can break above the $2.08 level and hold above it, there may be potential for a bullish shift. Otherwise, failure to recover could bring further downside risk.
XRP Approaches a Bullish Cross
Per a recent chart by ChartNerd, XRP is showing potential for a bullish breakout in the coming weeks. The price is nearing a key level where it could break its descending resistance, forming a bullish cross on the weekly MACD.

If this occurs, it could signal the start of a strong upward movement, similar to the previous bullish cross that drove XRP to new all-time highs. As XRP approaches this critical juncture, market watchers are closely monitoring these indicators, with the expectation that a clean break above current resistance levels could lead to a surge in price.
#CryptoNewss

#Cardano could be following a well-structured bullish pattern, and its price action around two key levels would either confirm or invalidate this.
The recent price development for Cardano (ADA) mirrors a 1-2 wave in a broader Elliot Wave Theory structure. However, Cardano needs to reach an identified price level to confirm the structure and the end of the wave 2 correctional push.
Key Points
Cardano could be following a well-structured bullish pattern, and its price action around two key levels would either confirm or invalidate this.The recent price development for Cardano mirrors a 1-2 wave setup in a broader Elliot Wave Theory structure.The January 6 peak price of $0.43 was the first wave of the structure.Wave 2—typically corrective—started after the end of the early January bullish session, steering Cardano to drop to its January 19 low of $0.34.Cardano would confirm the Elliot Wave pattern when it breaks above $0.404, representing a 10% growth from here.ADA can also invalidate this Elliot Wave structure formation if it drops to $0.328. 
Cardano in a Valid 1-2 Wave Pattern?
Research firm More Crypto Online identified in its recent X post that Cardano is in a valid 1-2 wave pattern. An accompanying chart provides further context, showing what appears to be an Elliott Wave pattern on the 30-minute timeframe.

The chart labelled the January 6 peak price of $0.43 as the end of the first wave of the structure. For context, this first wave began at the $0.32 lows on December 31, 2025, spurring a 34% surge to the early January high.
Notably, the chart suggested that wave 2—typically corrective—started after the end of the bullish session. This has led Cardano to drop to its January 19 low of $0.34 before rebounding to its current market standing.
Confirmation and Invalidation Points
Furthermore, the validity of this formation remains in contention, and More Crypto Online has shared points to confirm whether it is actually an Elliott Wave structure in the works. The platform highlighted that Cardano would confirm this pattern when it breaks above $0.404.
Reaching this price level, which aligns with the lower high formation on January 17, would also confirm that ADA has formed the low for the wave 2 corrective phase. Nonetheless, the analyst also identified the potential for further correction to retest the $0.34 low, which aligns with the 78.60% Fibonacci retracement level.
Meanwhile, Cardano can also invalidate this Elliot Wave structure formation if it drops to $0.328. This would imply a decline below recent lows, a move that would further add pressure on ADA’s price.
If wave 2 forms completely, the next is a bullish wave 3 phase, which typically is the largest uptrend in the Elliott Wave Theory. However, this move remains speculative and would depend on several market conditions to materialize.
#Crypto

The #Solana RWA ecosystem surpassing $1B in TVL the recent price stabilization signal potential for further gains if SOL maintains key support levels.
Notably, Solana (SOL) is currently changing hands at $143.08, a slight 1.0% decrease over the last 24 hours. The price range during this period has stood between $141.22 and $145.75, showing a relatively narrow daily activity.
Over the past 7 days, Solana has shown a positive 2.5% growth, and in the last 14 days, it has risen by 12.7%, which signals a solid recovery in the medium term. While the broader downturn suggests caution, the recent uptick in price might indicate that Solana is gearing up for further potential gains, assuming it maintains the support levels around $141.
With strong trading volume and a relatively stable price action, the key for Solana will be whether it can hold above the $141 support zone to avoid a deeper retracement. 
Solana Price Analysis
Elsewhere, the 4-hour chart reveals a bullish trend, with the price staying above the Ichimoku Cloud, indicating a positive outlook. The Standard Deviation indicator is at 1.87, which highlights the volatility around the price action. The declining value suggests that recent price fluctuations are becoming moderate, pointing to a more stable market in the short term.

Despite the overall bullish trend, Solana is encountering resistance near $146, and a possible pullback could occur if it fails to break this level. The Ichimoku Cloud support level around $140.48 is critical for maintaining the upward momentum.
As long as the price stays above this support zone, the bulls could attempt to push further toward $146 or higher. However, if Solana breaks below this support, a deeper retracement could be imminent.
Solana RWA Value Crosses $1B
Amid the price action, further data show Solana’s RWA ecosystem has surpassed $1 billion in TVL, reflecting strong growth alongside its price surge to $143. The chart indicates an upward trajectory, with the TVL steadily increasing from early 2025. 

This growth is crucial for Solana as it continues to expand its decentralized finance ecosystem, allowing for more tokenized assets to be integrated into its network. This growth is likely to drive further positive momentum in its price, potentially pushing it beyond current resistance levels.
#CryptoNewsCommunity

#Dogecoin faces resistance, but analysts predict a potential surge if key indicators align.
Dogecoin (DOGE) changes hands at $0.14 during this press, a 2.6% decline over the last 24 hours. The price has hit a low of $0.1388 and a high of $0.1449 during this period, indicating relatively moderate volatility in the short term. With a market cap of $23.56 billion, down 2.65% today, Dogecoin continues to hold a strong position in the market, despite the recent dip.
Over the past 7 days, DOGE has seen a slight increase of 0.4%, while in the last 14 days, it has gained 8.8%. Despite the recent pullback, Dogecoin’s support level of $0.139 appears to be holding steady. If DOGE can maintain its position above this lower end of the daily range, it may be poised for a recovery in the coming days. Will DOGE recover?
Can Dogecoin Hold $0.139?
The 1-week chart analysis for Dogecoin shows that while the price is currently at $0.1396, it faces significant resistance as the Parabolic SAR sits above the price action at $0.257. This placement suggests that DOGE’s upward movement faces limitations at the moment, and for further gains, the price will need to reach and break through the SAR level.

The indicator’s presence above the price line indicates that a bullish continuation is unlikely until this resistance gives way. If Dogecoin can break this level, the next key resistance to test would be around the $0.15 level, which had previously capped upside moves. A successful breach of this level could pave the way for further upward momentum, potentially pushing DOGE toward $0.16 or higher.
Elsewhere, the MACD histogram and line provide additional insights, as the MACD line is still below the signal line, suggesting that momentum is still bearish. The histogram remains red, further confirming the current lack of buying strength. 
For DOGE to experience a strong rally, the MACD line must cross above the signal line, and the histogram must turn green, signaling a shift towards positive momentum. Without these key technical indicators aligning, DOGE’s price may continue to face downward pressure, possibly testing levels like $0.11. 
Can Dogecoin go to $9?
On the social media commentary side, Trader Tardigrade, an analyst on X, highlighted that Dogecoin’s RSI has recently retraced, setting the stage for a potential massive surge. As seen in the 2-week chart, the RSI has followed a similar pattern to previous cycles.

Previously, it first surged to overbought levels, then formed two consecutive peaks, followed by a retracement to lower levels, and then rebounded.
If this formation works out, it may lead to a substantial upward movement for DOGE, potentially reaching levels like $9. To reach a price of $9 from the current price of $0.14, Dogecoin would need to increase by approximately 6328%.
#CryptoNewss

#shiba⚡ Inu must hold above the middle Bollinger Band support to reverse the current price action.
Shiba Inu (SHIB) has experienced a 2.3% decline in the last 24 hours, with the price fluctuating between $0.000008497 and $0.00000899, reflecting moderate volatility during this period. The price has shown some retracement from the recent peak of $0.0000091 seen on Jan 13. Despite the decline, SHIB is holding just below the mid-range, suggesting potential support around current levels.
In terms of broader performance, SHIB has underperformed compared to both Bitcoin and Ethereum. Specifically, Shiba Inu has fallen 3.6% against BTC and 2.1% against ETH over the past 24 hours. Despite the recent underperformance, Shiba Inu remains closely watched by traders, as its next move could determine whether it finds support.
Can Shiba Inu Hold Above Key Support?
The daily chart for Shiba Inu shows the price attempting to stabilize after a prolonged downtrend. SHIB is currently trading above the middle Bollinger Band, the 20-day SMA, which often acts as a short-term equilibrium zone.

This level, placed at $0.00000825 could offer support for a potential bounce. Shiba Inu needs to hold above it to maintain its bullish structure and potentially push higher, which could lead to it testing the upper Bollinger Band. For context, SHIB remains capped below the upper Bollinger Band at $0.00000971. 
Elsewhere, volatility conditions remain moderate. The Bollinger Bands had widened during the prior surge that pushed SHIB to $0.000010, reflecting increased volatility, but are now beginning to compress, which may indicate a period of consolidation. 
Meanwhile, the Average True Range has recently declined, showing that daily price swings are narrowing. This supports the view that SHIB is entering a cooling phase after heightened volatility, with traders waiting for SHIB to find support.
Shiba Inu Open Interest is Declining 
CoinGlass’ Open Interest chart shows a decline in the recent trading sessions. Notably, over the past several months, open interest has fluctuated in tandem with SHIB’s price movements, suggesting a relationship between speculative positioning and price action.

As seen on the chart, open interest peaked earlier this month, reaching over $145 million, but has since fallen back to $104.29 million. Ultimately, the drop in open interest in tandem with the price decline could signal reduced speculative activity and less confidence in the continuation of the uptrend.
#CryptoNewss

Analyst Zach Rector has warned that #XRP is approaching major resistance levels that could either support a brief move higher or trigger a near-term correction. 
Rector framed his commentary as a “critical warning” for short-term traders navigating XRP’s current price zone. While noting that XRP could still extend its rally toward $2.40, he argued that a rejection at nearby resistance could spark a pullback.
His analysis comes as U.S. crypto legislation faces delays. He urges traders to watch both price signals and policy developments as XRP’s price nears a key move.
Key Takeaways
Rector alerts the XRP community to potential short-term price risks.The analysis focuses on XRP’s reaction to Fibonacci levels, with the 0.236 FIB acting as a critical decision point.XRP could still climb toward the $2.40 region, where a potential double-top formation may emerge.Regulatory and political developments may act as catalysts for increased volatility.
XRP Approaching Key Fibonacci Levels
In a tweet, Rector explained that XRP has closely respected Fibonacci levels during its recent advance. He noted that the token climbed to about $2.17 on January 14, bringing it closer to an important decision zone.
Rector pointed to the 0.236 Fibonacci level near $2.27 as the next key area, where XRP could either face rejection or briefly move higher before selling pressure increases.
According to him, a rejection at this level would signal weakening momentum, while a move toward $2.40 could mark a final push higher. Rector also warned that $2.40 could form a double top —a bearish pattern that occurs when prices fail to break a resistance level twice.
For context, after XRP surged to $2.40 on January 6, the token declined sharply and eventually fell to near $2.00.
Since then, XRP has rebounded above $2.10 and is currently trading around $2.11, slightly below the previous day’s peak. If the price revisits the $2.40 region and stalls, it could strengthen the case for a short-term correction.
Regulatory Uncertainty Adds to Volatility Risk
Beyond technical factors, Rector highlighted political and regulatory uncertainty in the United States as a key source of potential volatility. He specifically referenced delays related to the CLARITY Act, upcoming markup votes, and political developments in Washington, D.C., which could weigh on sentiment and prompt profit-taking.
Notably, the U.S. Senate Banking Committee has canceled the markup of the CLARITY Act, initially scheduled for today, after Coinbase publicly withdrew its support for the bill.
XRP Historical Reaction to Delayed Regulation
Historically, XRP has been highly sensitive to regulatory news. Periods of optimism around legal clarity have often fueled strong rallies, while delays or ambiguity have triggered volatility or consolidation.
For example, XRP surged to $3.34 in January 2025 as investors anticipated a swift resolution to Ripple’s long-running legal battle. However, following delays in that resolution and broader macroeconomic pressures, the price fell below $2.00.
Later, in July 2025, XRP rebounded to $3.65 after signs emerged that a resolution was approaching. This reinforces the asset’s strong correlation with regulatory developments.

#Crypto

#Bitcoin surged on Tuesday, briefly reaching a two-month high as traders unwound bearish positions and rotated capital into other cryptocurrencies.
The rally gained momentum after Bitcoin pushed through the $95,000 resistance, a price that had capped multiple rallies in recent months. Consequently, the breakout forced heavily leveraged traders to exit short positions, accelerating the advance and reinforcing bullish conviction.
Key Data Points
Bitcoin reached $96,450 on Tuesday, its highest level in two monthsMore than $678 million in futures positions were liquidated over the past 24 hoursBitcoin crossed $96,000 for the first time since NovemberFutures open interest fell from $31.5 billion to $30.6 billion in one dayDASH climbed to its highest level since 2021
Break Above $95,000 Reshapes Market Structure
The move above $95,000 marked a clear inflection point for Bitcoin’s short-term market structure. Traders had been closely monitoring this level after several failed breakout attempts earlier in the cycle.
Bitcoin was rejected near the same price on December 3, December 10, and January 5. However, this time, sustained buying pressure proved sufficient to overwhelm sellers and push prices decisively higher.
As the level gave way, approximately $591.16 million in short positions were liquidated. Futures open interest dropped sharply, indicating a reduction in leverage and a shift toward spot-driven demand.

Altcoins Rally as Confidence Spreads
The renewed momentum quickly spilled into the broader market. Following Bitcoin’s breakout, capital rotated into altcoins, driving widespread gains after a prolonged corrective phase.
Ethereum rose 6.52% over 24 hours to $3,327. Optimism (OP) advanced 13%, while Celestia (TIA) and Pudgy Penguins (PENGU) gained roughly 10% each.
DASH stood out earlier in the session, climbing to a multi-year high on strong volume. As of press time, the token is trading at $59.74, representing a 33% increase over the past 24 hours.
As altcoins outperformed, Bitcoin’s dominance slipped from 59.3% on December 24 to 58%, according to CoinMarketCap. The decline suggests traders are increasingly diversifying exposure beyond Bitcoin as confidence improves.
Sentiment Recovers After Extended Weakness
The rally follows months of cautious positioning across the crypto market. Bitcoin had been widely perceived as lacking strong bullish catalysts when it entered 2026.
A major $19 billion liquidation event in October 2025 left markets deeply oversold. In response, many investors reduced crypto exposure and redirected capital toward assets such as gold, silver, and AI-related equities.
During that period, the crypto fear and greed index repeatedly fell into “extreme fear” territory, a condition that has historically coincided with market stabilization and eventual recoveries.
Traders Focus on Key Levels Ahead
With momentum rebuilding, attention has shifted to whether Bitcoin can maintain $94,500 as a new support level. A sustained hold could open the door to a move toward $99,000, an area that acted as support between June and November and may now serve as resistance.
Conversely, a failure to defend $94,500 could see Bitcoin fall back into its previous range between $85,000 and $94,500. As a result, short-term price action around this level is likely to play a decisive role in determining near-term market direction.
#CryptoNewss

The #Solana price faces critical resistance at the upper Bollinger Band, with a breakout needed for continued bullish momentum or risk consolidation.
Solana (SOL) has shown a notable price increase over the past 24 hours, trading at $144 amid a 2.9% rise within this period. The asset spiked to $147.08, testing key resistance levels. However, SOL has yet to break past the $147 resistance, which will be crucial for further bullish movement.
Compared to Bitcoin, Solana has performed well in the last 24 hours, with BTC showing a 0.3% decline. Over the past 7 days, Solana has recorded a 4.1% increase, while the 14-day performance shows a 15% increase. Solana’s ability to sustain this momentum will depend on breaking key resistance levels and broader market conditions.
Solana Price Prediction
The 4-hour TradingView chart indicates that Solana recently faced rejection at the upper Bollinger Band near $146.5, which suggests that the current bullish momentum may be losing steam unless a breakout occurs. Moreover, the Bollinger Bands indicate that the market is experiencing increased volatility, and the rejection at the upper band signals potential resistance.

Additionally, the True Strength Index is currently at 24.54, showing positive momentum, while the signal line rests at 16.94, indicating that the momentum is still strong but not yet fully overbought. For Solana to maintain its bullish trend and continue its upward movement, it will need to break above the $146.5 resistance level. 
If the price manages to clear this barrier, it could set up a potential rally towards levels like $148.2, whereas failure to break this resistance may lead to consolidation or even a pullback to lower levels like $140 or $134.
Solana Case Scenarios
Elsewhere, an analyst UB from X highlights a significant resistance level for Solana, which has been tested multiple times over the past two months. This level, seen near $141.17, has proven to be crucial, with the price only breaking it once. UB suggests that this price point can serve as a foundation for both long and short setups, depending on how the market reacts. 

A break above this level could trigger a bullish breakout, offering a long setup for traders. However, if the price fails to hold above and instead reclaims the level after a brief deviation, it could signal a short setup.
#Crypto

The latest #Bitcoin rebound push, which began earlier in the year, may be unsustainable due to the absence of retail demand.
IT Tech, a pseudonymous CryptoQuant author, revealed this in one of his latest market commentaries. According to him, during periods of sustained upward push from Bitcoin (BTC), demand from retail investors typically spikes considerably. 
However, while BTC has recently moved to recover from the 23% decline it recorded in the fourth quarter of 2025, increasing 5% this year to first reclaim $90,000, retail demand seems to be nonexistent this time. As a result, IT Tech has advised investors to remain cautious. 
To highlight this trend, the market analyst shared the Bitcoin Retail Investor (Volume $0 to $10K) Demand 30D Change chart from CryptoQuant. Notably, this chart tracks changes in Bitcoin demand from small investors, bordering on transfers worth $10,000 or less.

Key Points
While Bitcoin’s price appears to be recovering from the Q4 2025 downtrend, the indicator has dropped to -10%, showing selloffs among retail.According to IT Tech, as Bitcoin’s price has increased toward the top of its range, the drop in retail demand is a bearish sign.The analyst stressed that this suggests large investors are solely behind the ongoing rebound effort.He believes the upside potential remains fragile as long as this trend holds, and any correction that emerges could significantly damage price action.As a result, IT Tech urged investors to regard the latest Bitcoin rebound as a “cautious, late-cycle” phase until the retail demand indicator pushes back above 0.
Why Retail Demand is Important for a Sustained Uptrend
Retail investors have an important role in every strong Bitcoin rally because they bring in fresh capital once the early gains attract attention. Specifically, institutional buyers often move first, but retail activity usually determines how long and how far the trend runs. 
Notably, when everyday traders enter the market, trading volume grows, sentiment turns optimistic, and price spikes become easier to sustain. Without this, the market depends too heavily on a smaller group of participants, which would limit its upside potential.
Right now, retail demand remains negative, which suggests that many smaller investors are selling instead of buying. This creates weak support beneath Bitcoin’s current rebound. If retail traders stay on the sidelines or continue to take profit, the market loses one of its most reliable sources of sustained buying pressure. 
How Retail Demand Has Historically Held Bitcoin’s Rallies
Historical data from the CryptoQuant chart confirms how retail participation has been crucial for past BTC rallies. For instance, the trend played out during the 2021 bull cycle. Specifically, Bitcoin’s rise from $35,000 to $69,000 by November of that year coincided with an increase in retail demand to 15%.
The same pattern appeared again in September 2023. Bitcoin advanced from $25,927 to $73,794, with retail investors supporting this uptrend, as the indicator approached 20%. Interestingly, one of the largest spikes in retail demand occurred in late 2024 and coincided with Bitcoin’s rise above $100,000.
What Analysts Are Saying About Bitcoin’s Current Position 
Meanwhile, analysts remain cautious on Bitcoin’s price action amid the current uncertainty. For context, after rising to a yearly high of $94,792, BTC faced resistance and corrected. Now, the crypto asset changes hands at $92,383, up 5.57% this month.
Despite the caution, Michaël van de Poppe believes the market trend has begun flipping to Bitcoin’s favor, as the crypto asset has continued to “attack” the $92,000 mark while holding above the 21-day EMA at $90,466.

#Dogecoin has upheld its standards so far this cycle, and analyst Bitcoinsensus has kept in touch with this sideways trend.
In a Monday commentary, the analyst asked whether Dogecoin would perform as well as previous cycles, where it exploded after a similar structural development. Notably, the analysis featured a breakdown of Dogecoin’s price action in previous market periods and how far it has progressed.
Key Data Points
Dogecoin’s current price action mirrors what the market witnessed in past market cycles.Bitcoinsensus has closely monitored this trend, asking in the recent analysis if Dogecoin would follow its previous cycles.The analysis highlighted Dogecoin’s price action in previous market cycles, with Bitcoinsensus noting that Dogecoin has been moving in several waves for over 12 years.Within this period, Dogecoin has moved in a clear pattern of correction, accumulation, and then a price rally.The last two cycles have followed this pattern, producing growths of 5,858% and 21,457%.Two of the three cyclical fractal patterns have occurred since the 2022 market cycle started.If history repeats, Bitcoinsensus says Dogecoin will rebound from recent lows and target higher prices.
Historical Data of Previous Dogecoin Cycles
Over the past 12 years, DOGE has moved in a clear pattern of correction, accumulation, and then a price rally. In the earliest cycle, Dogecoin started a correctional phase in 2014, correcting from its post-launch rally to $0.0022.
This continued until early 2015, when it entered an ascending channel from the lows of $0.001. In March 2017, DOGE broke out from this channel and began an expansion to the cycle’s high of $0.0041, culminating in a 5,858% growth per the analyst’s chart.

A similar scene played out after the 2014-2018 cycle concluded. Specifically, Dogecoin entered another triangle-like accumulation structure and consolidated until June 2020, when it reached a low of $0.0022.
DOGE transitioned to a very short accumulation zone that lasted just five months. In November 2020, the token broke out and entered an impulsive move to its May 2021 peak price of $0.7605, which remains its all-time high. The move implied a 21,457% gain from the breakout point of the accumulation zone.
Repeating Cyclical Pattern? What It Means for Dogecoin
Meanwhile, two of the three cyclical fractal patterns have occurred since the 2022 market cycle started. Dogecoin entered another descending triangle after the ATH and consolidated to the lows of $0.0569 before beginning its current accumulation phase in early November 2023.
Notably, Bitcoinsensus’ chart shows that the meme coin is now at a point where Dogecoin historically broke out. As the accumulation period winds down, the analysis shows a correlation with previous ones; hence, there is a strong chance that history will repeat itself.
However, the rate at which DOGE would increase if the bullish phase starts remains uncertain. As a result, he asked if this cycle would be as “explosive” as the previous ones.
Risks to Consider
If history repeats, Dogecoin will rebound from recent lows and target higher prices. The percentage increase will depend on momentum, adoption, and the broader market conditions.
However, it could go the other way too, and Dogecoin could dump to retest previous lows. So Bitcoinsensus is not giving financial advice, and all investment decisions should be made after thorough research.
#CryptoNewsCommunity

#XRP faces key resistance at the 0.5 Fibonacci level, with the next major move dependent on whether support holds.
XRP is currently sitting at $2.06, with a modest 24-hour surge of 0.1%. Over the last 24 hours, the price has fluctuated between $2.03 and $2.10. Despite the fluctuations, XRP has demonstrated resilience, holding above the $2.05 mark, which suggests steady demand at these levels.
Notably, over the past 7 days, XRP has seen a negative performance, down by 13.4%, indicating strong short-term bearish momentum. Within these 14 days, XRP has gained 10.7%, reflecting a continued medium term upward trend. More impressively, over the 30 days, XRP has increased by 1.9%. As these fluctuations continue, the question remains: can XRP maintain support and surge higher?
Can XRP Maintain Support?
A TradingView chart shows XRP trading within a clearly defined Fibonacci retracement range, with recent price action pulling back from the upper boundary near $2.41. During the latest move, XRP declined from this upper range, but buyers stepped in before the price could test the 0.618 Fibonacci level at around $2.02. 

For now, the next price action would depend on whether XRP holds this support and reverses upward. Further, overhead resistance now starts at the 0.5 Fibonacci level near $2.09.
If XRP fails to reclaim the $2.09–$2.17 zone, downside pressure could return, with first support at the 0.618 level, followed by deeper support at the 0.786 retracement near $1.91. A loss of that level would expose the lower demand area around $1.77, which marks the base of the broader Fibonacci structure. 
Meanwhile, the True Strength Index remains elevated but has begun to slope downward, signaling cooling momentum rather than outright weakness. This suggests XRP is consolidating after a strong impulse move, with the next directional break likely to occur once momentum decisively resets or reaccelerates.
XRP Case Scenarios
Elsewhere, in the analysis shared by More Crypto Online, the Elliott Wave theory is applied to explain XRP’s price action, with the market currently looking lifeless.

The key focus now is on the start of wave B, which will be pivotal in determining whether the market follows the yellow scenario (an upward move) or the orange scenario (a continued downtrend). Resistance is firmly set between $2.17 and $2.33, acting as an obstacle for any immediate bullish momentum.
Currently, the attention is on the $1.96 support level, which serves as the next critical structural point. A break below this level could indicate further downside, potentially testing support zones around $1.77 and $1.68.
#Crypto