Cryptocurrency plunges! Who will have the last laugh among SOL, XRP, and DOGE?
The trend of the cryptocurrency market has always been the focus of everyone's attention.
Spot Bitcoin ETF data began to show an outflow trend, and GBTC is expected to outflow $82.4 million.
Ahead of the upcoming Federal Reserve meeting, investor sentiment in the cryptocurrency market and ETF channels has generally weakened. This may be because people are worried that the Fed's policy adjustments will have an impact on the market, so they choose to reduce risks and reduce trading volume.
Specific to some popular cryptocurrencies
SOL, XRP and DOGE price trends
SOL
Although it broke through the $162 resistance level at some point, the price subsequently fell back and is currently at the $139 level. If the price continues to fall, it may look for new lows between $126 and $107.
XRP
The price is below its 20-day moving average, showing a weak trend. If the Bitcoin market rebounds unexpectedly, the price of XRP may rise, but this also depends on the overall situation of the market.
DOGE
Its price trend has formed a symmetrical triangle, and the market is in a state of indecision. If the price falls below this triangle, it may fall further to below $0.1. On the contrary, if the price can break through this triangle, it may rise to $0.18 or higher.
If you don't know how to choose? Do you know nothing alone?
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