{"id":111415,"date":"2021-02-03T16:12:50","date_gmt":"2021-02-03T16:12:50","guid":{"rendered":"https:\/\/precoinnews.com\/?p=111415"},"modified":"2021-02-03T16:12:50","modified_gmt":"2021-02-03T16:12:50","slug":"dogecoin-doge-cardano-ada-xrp-price-plunge","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/dogecoin-doge-cardano-ada-xrp-price-plunge\/","title":{"rendered":"Dogecoin (DOGE), Cardano (ADA), & XRP Price Plunge !"},"content":{"rendered":"
The crypto market surged with the jump in the major crypto assets like Bitcoin and Ethereum. Ethereum price smashed all the resistance levels to form new highs at $1557 in the early hours of trading. However, Bitcoin price also had a major breakout and surpassed the $35000 levels, due to which most of the altcoins had a bullish divergence.<\/p>\n
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Amid the uptrend of most of the crypto assets, some of the popular assets witness a surge that, some of the coins experience a slight pullback. The assets like XRP price, ADA price, and DOGE price appear to have halted their bull rally to some extent.<\/p>\n
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Dogecoin price had spiked enormously by more than 800% and entered the top 10 cryptocurrency list. Yet a massive plunge dragged the price down more than 70% and trending within a similar range.<\/p>\n
The DOGE price at the time of writing is $0.03221 with a drop of nearly 2.96%. However, the price is expected to reclaim their previous positions very soon. Yet the price that rose like a monster did not crash as many expected which indicates a bullish trend incoming for the asset. <\/p>\n
Technical Specifications<\/strong><\/p>\n The XRP price rallied and had a massive rally and entered the top 3 cryptocurrency ranking, however, appeared to have been manipulated by a group. This group aimed to rally the price to more than $1. <\/p>\n As the attempt to spike the XRP price to $1 was somewhat successful, yet, at certain point, it appears that many whales closed XRP positions. And as a result there was a steep decline in the price within a couple of minutes. <\/p>\n The spike clearly points out towards the artificial pump and the dump, and hence it was short-lived. At the time of writing, the XRP price is $0.3720 with a decline of 6.05% in the last 24 hours. <\/p>\n Technical Specifications<\/strong><\/p>\n The cardano price appeared to be poised to touch the lost positions, yet, is swinging within a very narrow trend. The possibility of a plunge also cannot be ignored, however, a significant rally may also be incoming.<\/p>\n The price had broken the support line and had plunged massively below $0.3 levels. However, a bullish momentum pushed the price above $0.4 and successfully maintained above the levels. In the recent couple of hours, the traders might have just begun liquidating the holdings and hence pulling back the price. <\/p>\n Nevertheless, some buyers are attempting hard to keep the price above the levels and avoid further slippage. At the time of writing, the ADA price is $0.4172 with a drop of just 0.07% which is expected to recover shortly.<\/p>\n Technical Specifications:<\/strong><\/p>\n\n
XRP Price Drops More Than 7%<\/h2>\n
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Cardano(ADA) Price Swings<\/h2>\n
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