⚠️ Breaking Updates Regarding  $XRP $BNB $DOGE

XRP (XRP)

XRP (XRP) surged above the moving averages to reach the overhead resistance at $0.64 on August 7, indicating aggressive buying by bulls. Bears are trying to stall the up move at $0.64, but the bulls have not allowed the price to dip below the 20-day EMA at $0.57. If the price turns up from the current level, it could rally above $0.64, targeting $0.74. A break below the 20-day EMA would suggest a range-bound action between $0.41 and $0.64.

Binance Coin (BNB)

BNB (BNB) managed to rise above $495 on August 8 after buyers stepped in at the $460 level. The downsloping 20-day EMA at $533 and the RSI in negative territory indicate that bears have the upper hand. Sellers will attempt to pull the price back below $495 and retest the critical support at $460. A break below this level could signal the start of a downtrend, with potential targets at $400 and $360. Conversely, a break above the moving averages could extend the range-bound action.

Dogecoin (DOGE)

Dogecoin (DOGE) remains in a downtrend, but bulls are attempting a recovery towards the moving averages. Buyers will face resistance at the breakdown level of $0.12, but if successful, the DOGE/USDT pair could rally to $0.14. Bears are expected to defend this level vigorously. On the downside, a break below $0.09 could lead to a drop to the crucial support at $0.08, where strong buying is likely.

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