The billionaire Elon Musk's favorite cryptocurrency wobbles after a statement that is as brief as it is devastating. In a few words, Musk has reignited doubts about the future of Dogecoin.
Dogecoin is trading around a key demand zone as the entire crypto market battles renewed selling pressure. Among the hardest-hit segments are meme coins, which have seen sharp pullbacks in recent days.
XRP's multi-month uptrend may be approaching a critical inflection point, according to technical analyst Josh Olszewicz, known online as @CarpeNoctom. In a chart published on X, Olszewicz highlighted a well-defined bearish reversal pattern, warning that a breakdown could trigger significant downside movement.
An influential investor who excelled at identifying the next breakout crypto is singling out Cardano (ADA), Ripple (XRP) and Mutuum Finance (MUTM) as the next altcoins to surpass Shiba Inu (SHIB) and Dogecoin's (DOGE) massive 2021 runs.
Unsurprisingly, Dogecoin (DOGE), which rode viral momentum after hitting that 2021 peak of having its price of $0.73, is still trading below that mark, leaving a swathe of investors hungry for something else. This is where Mutuum Financea (MUTM) comes in, a decentralized lending protocol hitting center stage as its presale heats up. A $5.
From March 28 to March 30, XRP whales — accounts holding more than 100,000,000 tokens, dumped a grand total of 1.12 billion of the digital asset, per a March 30 X post shared by on-chain analyst Ali Martinez.
Elon Musk has cleared the air about rumors surrounding Dogecoin's potential inclusion in the U.S. Department of Government Efficiency (DOGE). During a speech at the America Pack Town Hall in Green Bay, Wisconsin, he said, “There are no plans for the government to use dogecoin or anything.
Bitcoin dips below $82K, ADA volume drops, and XRP tests key support. Get today's top crypto prediction and price forecast for April 2025.
XRP has become the worst-performing top cryptocurrency, plunging 14.5% weekly to below $2.10 despite Ripple's SEC lawsuit resolution, with whale sell-offs and approaching critical $2.00 support.
The crucial $2 support level is once again in the vicinity of XRP, and the charts suggest that a breach could happen sooner than expected. XRP is now down more than 5% on the daily chart at about $2.06, following days of battling to keep momentum above important moving averages.
Elon Musk has announced that the US government does not plan to incorporate Dogecoin into its official activities. Speaking at a town hall in Green Bay, Wisconsin, on March 30, Musk responded to rumors about the link between Dogecoin and the Department of Government Efficiency (D.O.G.E.
Elon Musk clarifies there's no connection between the Department of Government Efficiency (D.O.G.E.) and Dogecoin cryptocurrency despite similar names and brief logo appearance on the department's website.
Bitcoin, Ethereum, and XRP show bearish breakdowns ahead of Trump's global tariff rollout. Here's how macro risk and technical patterns are aligning to pressure crypto prices.
Dogecoin trades at $0.17 amid a technical standoff between bulls and bears, with critical support at $0.16 determining whether it will decline to $0.10 or rally toward $0.30.
A highly-debated forecast that XRP may eventually reach $10,000 per coin has ignited controversy in the crypto world. The ambitious assertion has been greeted with excitement and skepticism as analysts consider the variables that might affect the token's price.
DOGE's price has dropped by 20% in the past month.
A renowned crypto investor has outlined a brave XRP price prediction saying that Ripple might rally to $3,000 this cycle. The analyst's bullish forecast comes at a time when bearish headwinds are causing a downturn across the broader crypto market as XRP struggles to sustain levels above the crucial support of $2.
Dogecoin's price, which surged when the department was announced, fell 3.2% over the past 24 hours at the time of writing.
XRP has plunged by nearly 15% in the past week.
The weekly trade has begun on a bearish note, with the prices of most tokens plunging close to their pivotal support levels. Bitcoin bulls tried hard to keep the rally above the support but failed as the price slipped below $82,000. Meanwhile, Ethereum and XRP prices hover around $1800 and $2, respectively.
The price of XRP, one of the leading altcoins, has nose-dived below the $2.1 level, according to data provided by CoinGecko.
Dogecoin started a fresh decline from the $0.1880 zone against the US Dollar. DOGE is declining and might test the $0.150 support zone.
Despite similar names and past endorsements, Musk says federal agency D.O.G.E. has nothing to do with the meme coin.
Bitcoin Nears $81K; XRP, ADA Slide as Traders Brace For Tariff War Ahead
XRP has shown some interesting price movements over the past 24 hours, with increased trading activity catching the attention of traders. Even though volume is down 6%, it's holding up better than Bitcoin, where trading volume has dropped by 37%. Recently, XRP dropped to a key support zone between $1.95 and $2.10.
XRP price started a fresh decline below the $2.20 zone. The price is now showing a few bearish signs and might decline below the $2.050 level.
XRP is currently trading at $2.19 after a modest recovery from yesterdays dip, but the asset remains under pressure as it hovers dangerously close to the critical $2.00 support level. Earlier this week, XRP briefly touched $2, raising concerns among investors.
Ethereum has struggled throughout the year, with network stagnating amidst poor leadership concerns.
Musk's clarification may temper speculative crypto market reactions, emphasizing a focus on government efficiency over crypto integration. The post Elon Musk says US government has no plans to use Dogecoin appeared first on Crypto Briefing.
The cryptocurrency market was in the red on Monday, with Bitcoin (BTC) continuing its fall over the weekend. The crypto market's downturn is being driven by weak demand in spot markets and a clear shift toward derisking, with traders hesitant to take new positions.
XRP price is holding firm above $2 as traders position for a potential rebound, with derivatives data hinting at bullish momentum for the week ahead. Ripple (XRP) Holds Firm Above $2 as Markets Await Clarity Ripple (XRP) has endured volatile price action over the past week.
XRP and BTC fall under pressure amid trade tensions and inflation fears. XRP's recovery may depend on SEC transparency and ETF momentum.
After a slight recovery from yesterday's decline, XRP is currently trading at $2.19, displaying concerning weakness as the asset teeters perilously close to the $2.00 threshold. Earlier this week the asset dropped as low as $2, and although today's recovery may provide a brief sense of relief, the bigger picture is still precarious.
Crypto users are backing a spot XRP ETF approval on Polymarket as odds soar past 85%. Anticipation for altcoin ETFs has dominated the market since Donald Trump's election victory in November 2024.
Ripple recently faced rejection at the 100-day MA of $2.5, leading to a substantial decline. However, the price is now approaching a confluence of key support zones, increasing the likelihood of consolidation in the mid-term.
A new partnership between Ripple and Chipper will make sending money across Africa easier than ever. On March 27th, both companies announced their partnership to improve cross-border transactions within Africa.
Rising anxiety among long-term holders is driving social sentiment that points to increased price volatility for Dogecoin (DOGE).
Made in USA coins are showing mixed signals as April begins, with XRP, SUI, and Pi Network (PI) standing out. XRP leads in market cap but also posted the biggest drop among the top 10, down 10.6% this week.
Perhaps the verdict did not have the intended effect.
Dogecoin has been on a shaky path lately, entering March with a steep decline and only briefly reclaiming momentum before stumbling again. After starting the month in a downtrend, the meme coin managed to climb back to the $0.20 mark during the middle of the just-concluded week.
Dogecoin dips to $0.1673 amid market uncertainty. With RSI nearing oversold levels, analysts debate whether DOGE is preparing for a bounce—or a deeper correction. The post Dogecoin Drops to $0.1673: Investment Opportunity or Time to Hold Your Horses? appeared first on Cryptonews.
The crypto market is mostly in the red zone today, according to CoinStats.
As XRP consolidates above $2 following a massive capital outflow on the weekly timeframe, the asset's technical indicators suggest that historical patterns hint at a new record high.
Ripple's USD-pegged stablecoin, RLUSD, has hit a market cap of $170 million, eyeing the top five spot among stablecoins in the crypto industry. According to the company's latest report, the stablecoin outpaced the company's internal projections when it hit the new market cap record.
XRP has continued to exhibit frailty, experiencing a sharp decline on Friday amid a broader cryptocurrency market pullback.
XRP, currently the fourth largest cryptocurrency, has made what might be deemed a "key reversal" after posting five straight days of falling. XRP bounced from the key $2 level, which is currently decisive for its price action.
XRP Turbo (XRT) is transforming DeFi with AI-driven automation, liquid staking, and RWA tokenization on the XRP Ledger.
XRP is currently trading at $2.16 with a market cap of $125 billion and a 24-hour global trade volume of $2.76 billion, fluctuating within an intraday range of $2.09 to $2.21, sitting 36.4% below its all-time high. XRP The 1-hour chart reflects a consolidation phase, with XRP stabilizing around the $2.16 mark.