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SHIB, DOGE, and XRP: Breaking Down or Breaking Through?

by Drop Gorn
April 1, 2025
in Crypto, Dogecoin, Finance, Memecoins, Opinion, Ripple XRP
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SHIB, DOGE, and XRP: Breaking Down or Breaking Through?
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  • SHIB broke below a major yearly support at $0.00001230, risking a slide toward $0.00001000 if bulls don’t reclaim ground fast.
  • DOGE has entered a bearish breakdown, falling under $0.183 with next support at $0.15—trend shows consistent lower highs and rising sell pressure.
  • XRP is hovering near its 200 EMA, with $1.75–$1.80 as critical support; a bounce is possible, but momentum remains weak.

It’s been a rough week in crypto land—especially if you’re holding meme coins or watching XRP like a hawk. Prices are slipping, key supports are breaking, and technical indicators? They’re flashing warning signs left and right.

While bulls are still trying to keep hope alive, the charts are telling a different story. From SHIB breaching its yearly support, to DOGE losing a major psychological level, and XRP hanging on by a thread—it’s starting to look like we’re entering a critical phase.

Let’s break down what’s happening—and what might be next.

SHIBA INU: Support Cracked, Now What?

So, Shiba Inu (SHIB) just broke through a major support level that’s held strong since mid-2023—$0.00001230. Not great. That line’s been tested a bunch over the last year, usually acting like a trampoline for relief rallies. But this time? No bounce. Just a slide.

Now that this support has cracked, it might actually flip into resistance, which is never a good sign. Add to that the fact that SHIB is sitting well below the 100 and 200 EMAs, and the short-term 26 EMA just curled lower again, and yeah—it’s looking a little grim.

The volume on this drop? Consistent with previous sell-offs. So no, this isn’t just a low-volume fakeout. It’s got weight.

RSI’s heading toward oversold, which might sound promising, but don’t count on a bounce just yet. If SHIB can’t get back above that broken support fast, it could tumble down to $0.00001050—a level we haven’t seen since October 2023. And if that doesn’t hold? $0.00001000 becomes the next psychological cliff.

And let’s be honest—this coin runs on community hype. If sentiment keeps slipping, recovery could be an uphill battle.

Good Morning Friends ☕️☀️

Second wave of pump loading for $SHIB

Market is rising from the dip. pic.twitter.com/k3ueofjmoX

— $SHIB KNIGHT (@army_shiba) April 1, 2025

DOGE: Falling Hard, and Fast

Next up—Dogecoin. And it’s not doing much better.

DOGE just broke below $0.183, a historically key level. That zone used to be a base for breakouts. Now? It’s resistance.

The coin is down to about $0.164, and the structure isn’t just wobbly—it’s breaking. We’ve been seeing lower highs, lower lows, and zero follow-through on bounce attempts. Even the 26 EMA has rejected every rally.

Add to that the downward slope of the 50, 100, and 200 EMAs, and yeah—it’s looking like the start of a full-blown bearish cycle.

Sell pressure’s building with each leg down, volume confirms it, and RSI is skating toward oversold territory. If DOGE drops below $0.15, the next stop could be $0.12—a level we haven’t visited since late 2023.

The shift from $0.183 being support to resistance is a psychological hit. Unless something major sparks interest soon, DOGE could bleed lower before it finds its footing.

#Dogecoin is breaking out of a trendline, and signaling an uptrend continuation 🔥$Doge pic.twitter.com/DzE6cCSCTq

— Trader Tardigrade (@TATrader_Alan) April 1, 2025

XRP: All Eyes on the 200 EMA

And then there’s XRP, which is hovering around $2.09—down about 2.24% today, and sitting dangerously close to the 200 EMA, a level that could make or break the current setup.

Since hitting over $3.30 earlier in 2025, XRP’s been stuck in a downward channel, printing lower highs and failing breakout attempts. Now with the 50 and 100 EMAs turning sharply lower, the trend has firmed up as bearish.

Volume is growing on red candles. RSI is sitting at 38.4, well below neutral. That’s not exactly a great setup for a quick recovery.

If XRP loses the 200 EMA, the next big support is around $1.75 to $1.80. And if that breaks? You might be looking at $1.50 as the next destination.

That said—the 200 EMA has held strong in the past. If buyers step in here, we could see a bounce back toward $2.30 or even $2.40. But that’s only if the broader market shifts its tone, which, right now… isn’t looking too likely.

Final Thoughts:

  • SHIB’s cracked a key floor, and there’s a risk of freefall unless bulls step in quick.
  • DOGE is deep in a breakdown, and the chart screams bearish unless momentum flips fast.
  • XRP is hanging on by a thread, with the 200 EMA acting as a last line of defense.

If you’re watching these charts, now’s the time to stay alert. Technicals aren’t lying—the trend is your friend, until it isn’t.But hey, this is crypto—we’ve seen how fast things can flip. So, as always… watch the charts, watch the news, and don’t blink too long.

Tags: $DOGE$SHIB$XRPDogecoinrippleShiba Inu
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