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Crypto
Dogecoin short-term golden cross spotted, rebound to $0.16 possible
Dogecoin has formed a short-term golden cross on an hourly basis, signaling a near-term rebound. U.Today reported that Dogecoin’s 50-day moving average crossed above its 200-day moving average. After a weekend rally, it was last down 0.93 percent over 24 hours at about $0.072. Analyst Ali cited buy signals across multiple timeframes and pointed to $0.056 as key support, with $0.16 as a potential rebound level.
Crypto
XRP risks another 30% drop after breaking $1.06 support, may fall to $0.70
XRP has broken below $1.06, seen as a key support level, raising the risk of an additional 30% decline. Analyst Ali Martinez, citing on-chain data and technical indicators, said the next downside target could be 22 to 32% below current levels. He warned $1.06 may turn into resistance, while daily and weekly charts suggest potential targets at $0.80, $0.62, $0.51 and $0.70.
Crypto
Binance XRP holdings fall to 2.64 billion, lowest in four months
XRP holdings on exchanges are falling quickly, and Binance’s balance dropped to 2.64 billion tokens, the lowest level in four months, The Crypto Basic reported. CryptoQuant data put that at about 4.2 percent of circulating supply. CoinGlass data showed a net outflow of $42.67 million worth of XRP from global trading platforms over the past 10 days. XRP fell 7 percent in 24 hours to $1.05, while active addresses rose 36 percent over two weeks.
