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Cryptocurrency News Articles
The battle of the altcoins continues as XRP vs. DOGE heats up
Apr 17, 2025 at 07:45 pm
Crypto expert Mindfully Lost has revealed strategic support and resistance levels for both coins amid a broader market downturn.
Analysts are closely following the battle of the altcoins as XRP vs. DOGE continues, setting the stage for interesting price action.
Crypto expert Mindfully Lost has revealed strategic support and resistance levels for both coins amid a broader market downturn.
While Ripple price faces downward pressure due to whale sell-offs, Dogecoin appears to benefit from bullish accumulation.
However, both altcoins continue to be dependent on Bitcoin’s movements, a factor that analysts are closely monitoring.
Tracking Key Zones in XRP and DOGE ChartsAnalyst Mindfully Lost highlighted a key resistance and support level for XRP and DOGE price action. For XRP, resistance is seen between $2.20 and $2.24. The low trading volume makes it a tough level to break.Chart 1 – Provided by Mindfully Lost, published on TradingView, April 15, 2025.
On the downside, support is seen between $1.92 and $1.95. Historically, this zone has seen a lot of buying interest. According to Mindfully Lost, market consolidation is expected in this zone before a clear trend emerges.
Dogecoin presents a slightly different zone. Its resistance level is set between $0.167 and $0.169, also marked by low trading activity. However, support is identified between $0.148 and $0.151. This is a zone backed by significant trading volume.
These levels are crucial for short-term traders assessing the XRP and DOGE price action.
Resistance Zones Trigger Warnings from Top AnalystsCasiTrades has had similar opinions on the Ripple price. CasiTrades noted that XRP continues to struggle around the $2.17 mark, encountering multiple rejections.
The analyst highlighted that if XRP fails to break above this, supports at $1.90 and $1.55 could come into play, potentially pushing the token below the $2 level.Chart 2 – Provided by CasiTrades, published on TradingView, April 15, 2025.
Meanwhile, whale activity is contrasting for the two coins. Analyst Ali Martinez noted that over 370 million XRP tokens have been sold since the beginning of the month, a signal that large investors may be exiting their positions.
Conversely, DOGE whales have been in accumulation mode. In the past 48 hours, they’ve added over 800 million DOGE to their holdings. This is a bullish signal. Martinez revealed that 72.13% of Binance traders are holding long positions. This suggests that the majority are betting on an upward breakout.
Will XRP and DOGE Hold Support Zones?The future trajectory of XRP and Dogecoin depends not just on technical levels but also on market sentiment and Bitcoin’s momentum. Analyst Master Kenobi highlighted the importance of the $0.14 support level for Dogecoin. If the coin loses this line, it could spell the end of the current bull cycle. DOGE whales, who appear to be defending the level with increased buying activity, share this view.
In the case of XRP, breaking the $2.17 resistance will be key to shifting momentum. Until then, further downside is expected. Traders are currently keeping an eye on whether buyer volume can keep pace with recent whale exits. This action could determine the short-term trends.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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