CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Top Altcoins Price Forecast: Ripple, Cardano, and Dogecoin show weakness – Crucial EMAs in focus

Source Fxstreet
  • Ripple hovers around $1.37 on Tuesday, testing its 200-day EMA support at $1.35.
  • Cardano shows a mild rebound from its 50-day EMA around $0.1917, following a 15% decline last week.
  • Dogecoin tests its 100-day EMA around $0.0816 after a 12% pullback last week.

Ripple (XRP), Cardano (ADA), and Dogecoin (DOGE) remain weak after double-digit losses last week, testing their crucial Exponential Moving Averages (EMAs) for immediate support. The technical outlook warns of further weakness in the prices of XRP, ADA, and DOGE as bullish momentum eases. 

Ripple tests its 200-day EMA support

Ripple trades around $1.3725, holding above the 50-day and 100-day EMAs, clustered around $1.21, and testing the 200-day EMA at $1.35, which collectively underpin a mild bullish near-term bias.

From a technical perspective, the 50% retracement level of the $2.41 to $0.98 downswing at $1.54 capped gains, resulting in a 10% pullback last week. A confirmed breakout below $1.35 could target the support cluster at the 23.6% Fibonacci retracement and the 50-day and 100-day EMAs near $1.21.

Momentum has cooled, with the Moving Average Convergence Divergence (MACD) slipping slightly below its signal line, yet the Relative Strength Index (RSI) at 61 still suggests constructive buying interest easing from overbought excess.

Chart Analysis XRP/USDT (Binance)
XRP/USDT daily price chart.

On the topside, bulls face first resistance at the 50% retracement around $1.54, with additional barriers at the 78.6% Fibonacci retracement level near $1.99.

Cardano takes support at its 50-day EMA

Cardano extends gains on Tuesday, advancing its 2% rise from the previous day above its 50-day EMA at $0.1916. The altcoin now tests the 100-day EMA at $0.1975, suggesting a mildly constructive near-term tone.

Still, ADA remains capped beneath the 200-day EMA at $0.2434, near the 50% retracement of the downswing from $0.4370 to $0.1382 at $0.2458. A confirmed breakout above $0.1975 could target the 200-day EMA at $0.2434.

Momentum shows weakness as the MACD slopes downward below its signal line, hinting at fading upside momentum, while the RSI around 51 suggests neutral conditions following the recent recovery.

ADA/USDT daily price chart.

On the downside, initial support is provided by the 50-day EMA at $0.1916, serving as the next cushion; a deeper slide would expose the broader structural floor at the 23.6% Fibonacci retracement level of $0.1813, followed by the Fibonacci anchor around $0.1382.

Dogecoin risks further weakness below its 100-day EMA

Dogecoin trades around $0.0828, holding just above the 100-day EMA at $0.0816 while remaining capped well below the 200-day EMA at $0.0954. This configuration suggests a neutral near-term bias.

From a technical perspective, the 100-day EMA at $0.0816 provides support against further downside after last week's 12% pullback. A confirmed breakout below this moving average could target the support cluster around the $0.0800 round figure and the 50-day EMA at $0.0787. Further weakness in DOGE could target the annual swing low near $0.0676.

The RSI around 55, hovering above the midline after easing from overbought conditions, suggests balanced momentum, while the MACD has slipped marginally below its signal line, hinting that recent upside momentum is fading.

DOGE/USDT daily price chart.

On the topside, initial resistance is located at the horizontal barrier near $0.0879, marked by the February 11 low, followed by the 200-day EMA near $0.0954. A more significant horizontal barrier lies at $0.1000, where prior supply is likely to re-emerge if bulls attempt another leg higher.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

Disclaimer: The content available on Mitrade Insights is provided for informational and marketing purposes only. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research
Nothing in this material constitutes investment advice, personal recommendation, investment research, an offer, or a solicitation to buy or sell any financial instrument. The content has been prepared without consideration of your individual investment objectives, financial situation, or needs, and should not be treated as such.
Past performance is not a reliable indicator of future performance and/or results. Forward-looking scenarios or forecasts are not a guarantee of future performance. Actual results may differ materially from those anticipated.
Mitrade makes no representation or warranty as to the accuracy or completeness of the information provided and accepts no liability for any loss arising from reliance on such information.
placeholder
EUR/USD holds gains with Eurozone GDP and US PCE inflation in focusEUR/USD resumes gains on Friday, trading at 1.1660 at the time of writing, after bouncing from the 1.1640 area on Thursday. Downside attempts remain limited with markets bracing for a quarter-point interest rate cut by the Federal Reserve next week.
Author  FXStreet
Dec 05, 2025
EUR/USD resumes gains on Friday, trading at 1.1660 at the time of writing, after bouncing from the 1.1640 area on Thursday. Downside attempts remain limited with markets bracing for a quarter-point interest rate cut by the Federal Reserve next week.
placeholder
USD: Liquidity backstops and war pressures – CommerzbankCommerzbank’s Michael Pfister discusses how US allies in Middle East and Asia are seeking Dollar swap lines as conflicts curb energy exports and tourism.
Author  Reuters
Aug 18, Tue
Commerzbank’s Michael Pfister discusses how US allies in Middle East and Asia are seeking Dollar swap lines as conflicts curb energy exports and tourism.
placeholder
Euro zone short-dated yields set for weekly rise on Hormuz concernsBy Stefano Rebaudo April 24 (Reuters) - Euro zone short-dated government bond yields were headed for their biggest weekly rise in over a month as tensions around the Strait of Hormuz stoked inflation fears and European Central Bank rate hike expectations.Borrowing costs tracked oil prices, which ...
Author  Reuters
Apr 24, Fri
By Stefano Rebaudo April 24 (Reuters) - Euro zone short-dated government bond yields were headed for their biggest weekly rise in over a month as tensions around the Strait of Hormuz stoked inflation fears and European Central Bank rate hike expectations.Borrowing costs tracked oil prices, which ...
placeholder
Silver Price Forecast: XAG/USD remains sideways around $65, FOMC takes centre stageSilver price (XAG/USD) continues to trade in a limited range at around $65.30 during the European trading session on Tuesday.
Author  FXStreet
Aug 18, Tue
Silver price (XAG/USD) continues to trade in a limited range at around $65.30 during the European trading session on Tuesday.
placeholder
Gold steadies below $4,350 as surging yields offset support from Fed rate-hold betsGold price (XAU/USD) holds steady near $4,335 after pulling back from an early-June top near $4,450 during the early Asian trading hours on Wednesday.
Author  FXStreet
Aug 19, Wed
Gold price (XAU/USD) holds steady near $4,335 after pulling back from an early-June top near $4,450 during the early Asian trading hours on Wednesday.
goTop
quote