Altcoin Season Brewing? XRP, Pi Coin & SHIB Show Flickers As Bitcoin Slips Below $113K
- XRP is struggling below $3 but still clinging to short-term support.
- Pi Coin needs to hold $0.32 or risk a deeper correction toward $0.21.
- SHIB is wobbling after a brutal drop—$0.00001016 is a key support.
The crypto market just got slapped with a solid dose of red. Bitcoin tumbled from that sweet $120K peak down to $113K in what felt like minutes. While the top coin struggles, some altcoins are quietly stirring back to life. XRP, Pi Coin, and Shiba Inu are popping up on radars again as they hint at a bounce—maybe even a mini recovery—despite the recent dip.
Bitcoin Dominance: Flatlined Near 62%, Altcoins Eye the Spotlight
Bitcoin dominance hasn’t moved much—it’s hovering right around 62% and can’t seem to crack that stubborn 63% mark. Traders are watching this closely because the last time dominance hit this wall (back in July), it sparked whispers of a new “altseason”—kind of like what happened in 2021 when alts had their moment in the sun.
With BTC slowing down again, this could be another setup for altcoins to sneak in and steal the spotlight next week.
XRP: Hanging On, But Barely
XRP’s had a rough ride. Bulls tried to push it back over the 20-day SMA near $3.20, but sellers weren’t having it. As of now, XRP’s floating around $2.80, down 4% in the last 24 hours.
Still, bulls are clinging to the $2.80 zone, trying to keep things from unraveling. If they manage to push it above that $3 line again, we might see XRP range between $3 and $3.33 for a bit. But if it slips again? Uh-oh—$2.66 could be the next stop.
Pi Coin: Make or Break at $0.32
Pi Coin took a hit too, falling below its breakout level of $0.38 and landing at the 20-day SMA around $0.32. This level is super important—if it gives way, Pi could sink all the way to $0.21. Ouch.
But hey, if it bounces from here and buyers show up with some strength, there’s still hope. A push above $0.38 might even set up a retest of $0.45. Not outta the woods yet, though.
Shiba Inu: 27% Down and Still Sliding?
SHIB’s been feeling the pain—down over 27% in just two weeks. As of now, it’s trading at $0.00001179, with a 2% dip today alone. Sellers showed up hard around $0.000014 and shoved the price under $0.000012.
Right now, it looks like SHIB’s stuck in a wide range between $0.00001 and $0.000018. If it doesn’t hold the 50-day SMA at $0.00001016, things could get uglier fast—possibly dropping all the way to $0.000009. But if it rebounds? Buyers might take another swing at the 20-day SMA.
The post Altcoin Season Brewing? XRP, Pi Coin & SHIB Show Flickers As Bitcoin Slips Below $113K first appeared on BlockNews.
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Altcoin Season Brewing? XRP, Pi Coin & SHIB Show Flickers As Bitcoin Slips Below $113K
- XRP is struggling below $3 but still clinging to short-term support.
- Pi Coin needs to hold $0.32 or risk a deeper correction toward $0.21.
- SHIB is wobbling after a brutal drop—$0.00001016 is a key support.
The crypto market just got slapped with a solid dose of red. Bitcoin tumbled from that sweet $120K peak down to $113K in what felt like minutes. While the top coin struggles, some altcoins are quietly stirring back to life. XRP, Pi Coin, and Shiba Inu are popping up on radars again as they hint at a bounce—maybe even a mini recovery—despite the recent dip.
Bitcoin Dominance: Flatlined Near 62%, Altcoins Eye the Spotlight
Bitcoin dominance hasn’t moved much—it’s hovering right around 62% and can’t seem to crack that stubborn 63% mark. Traders are watching this closely because the last time dominance hit this wall (back in July), it sparked whispers of a new “altseason”—kind of like what happened in 2021 when alts had their moment in the sun.
With BTC slowing down again, this could be another setup for altcoins to sneak in and steal the spotlight next week.
XRP: Hanging On, But Barely
XRP’s had a rough ride. Bulls tried to push it back over the 20-day SMA near $3.20, but sellers weren’t having it. As of now, XRP’s floating around $2.80, down 4% in the last 24 hours.
Still, bulls are clinging to the $2.80 zone, trying to keep things from unraveling. If they manage to push it above that $3 line again, we might see XRP range between $3 and $3.33 for a bit. But if it slips again? Uh-oh—$2.66 could be the next stop.
Pi Coin: Make or Break at $0.32
Pi Coin took a hit too, falling below its breakout level of $0.38 and landing at the 20-day SMA around $0.32. This level is super important—if it gives way, Pi could sink all the way to $0.21. Ouch.
But hey, if it bounces from here and buyers show up with some strength, there’s still hope. A push above $0.38 might even set up a retest of $0.45. Not outta the woods yet, though.
Shiba Inu: 27% Down and Still Sliding?
SHIB’s been feeling the pain—down over 27% in just two weeks. As of now, it’s trading at $0.00001179, with a 2% dip today alone. Sellers showed up hard around $0.000014 and shoved the price under $0.000012.
Right now, it looks like SHIB’s stuck in a wide range between $0.00001 and $0.000018. If it doesn’t hold the 50-day SMA at $0.00001016, things could get uglier fast—possibly dropping all the way to $0.000009. But if it rebounds? Buyers might take another swing at the 20-day SMA.
The post Altcoin Season Brewing? XRP, Pi Coin & SHIB Show Flickers As Bitcoin Slips Below $113K first appeared on BlockNews.
Read More