{"id":83721,"date":"2025-07-25T11:13:06","date_gmt":"2025-07-25T11:13:06","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=83721"},"modified":"2025-07-25T11:13:06","modified_gmt":"2025-07-25T11:13:06","slug":"volatile-xrp-and-doge-whale-accumulation-steal-the-show-bits-recap-july-25th","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=83721","title":{"rendered":"Volatile XRP and DOGE Whale Accumulation Steal the Show: Bits Recap July 25th"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

XRP briefly plunged below $3 before recovering above the psychological mark, with analysts viewing the dip as a temporary pause in its broader uptrend.<\/p>\n

Whales scooped up 310 million DOGE, with analysts eyeing a rally toward $0.46 and even $5.<\/p>\n

A substantial spike in burn rate and oversold RSI levels suggest SHIB may be primed for a short-term recovery.<\/p>\n

<\/a><\/span><\/h2>\n

Rapid Price Swings for XRP<\/h2>\n

The past several days have been quite turbulent for Ripple\u2019s native token. It <\/span>hit<\/span><\/a> a new all-time high of around $3.65 on July 18 and almost matched its record three days later. <\/span><\/p>\n

Shortly after, though, the price headed south, briefly plunging below $3. The bulls managed to reclaim some lost ground and currently, XRP trades at around $3.07 (per CoinGecko\u2019s data).<\/span><\/p>\n

While the asset is down over 10% on a weekly scale, numerous analysts remain unconcerned. <\/span>John Squire<\/span> \u2013 <\/span>an X user with more than 500,000 followers on the social media platform<\/span> \u2013 <\/span>reminded<\/span><\/a> that XRP has experienced much more substantial crashes <\/span>years ago<\/span>, describing the latest pullback as just \u201ca coffee break.\u201d<\/span><\/p>\n

Additionally, <\/span>certain<\/span> patterns formed on XRP\u2019s price chart <\/span>signal<\/span><\/a> that the uptrend could continue <\/span>in the near future<\/span>. <\/span><\/p>\n

The whales\u2019 recent actions can also be added<\/span> to the bullish elements. The renowned analyst Ali Martinez recently <\/span>revealed<\/span><\/a> that large investors have purchased more than 280 million XRP in <\/span>the span of<\/span> ten days. <\/span><\/p>\n

The accumulation leaves fewer tokens available on the open market, which could <\/span>be followed<\/span> by a price rally (assuming demand doesn\u2019t diminish). <\/span>Furthermore, it demonstrates confidence in the asset\u2019s potential, while smaller players may mimic the move and <\/span>hop on<\/span> the bandwagon<\/span>, too<\/span>.<\/span><\/p>\n

How\u2019s DOGE Doing?<\/span><\/h2>\n

The biggest meme coin has also headed south in the past week, and as of this writing, it trades at roughly $0.22. Just like XRP, though, it has been the subject of increased interest from whales who have <\/span>scooped up<\/span><\/a> over 310 million DOGE in two days.\u00a0<\/span><\/p>\n

Multiple market observers believe the price has much more room for growth during this bull run. Martinez recently <\/span>suggested<\/span><\/a> that the meme coin \u201cis truly forming a double bottom.\u201d He thinks that reclaiming $0.26 as support could set the stage for a pump to as high as $0.46.<\/span><\/p>\n

Others like CryptoELITES are even more bullish, <\/span>setting<\/span><\/a> the ambitious target of $5 as the next all-time high.<\/span><\/p>\n

What About SHIB?<\/span><\/h2>\n

The second-biggest meme coin has recorded a double-digit loss in the past week and is currently worth approximately $0.0000136. Its negative performance followed the overall correction of the cryptocurrency market as well as<\/span> the shift<\/span><\/a> of 5 trillion tokens from Coinbase to an unknown wallet.\u00a0<\/span><\/p>\n

Still, the resurgence of the Shiba Inu burning program suggests a price uptick could be incoming. The burn rate has <\/span>skyrocketed<\/span><\/a> by 2,700% on a 24-hour scale, with the team and community sending around 6.3 million tokens to a dead wallet. The mechanism\u2019s ultimate goal is to <\/span>make SHIB more valuable via<\/span> scarcity.<\/span><\/p>\n

In addition<\/span>, the asset\u2019s Relative Strength Index (RSI) has reached nearly oversold levels, <\/span>signaling<\/span> a rally could be just around the corner.<\/span> The technical indicator tracks the speed and magnitude of recent price changes <\/span>and varies<\/span> from 0 to 100. Ratios around and below 30 <\/span>are considered<\/span> bullish, whereas anything above 70 suggests the token might be overbought and due for a pullback.
\n<\/span><\/p>\n

<\/a>SHIB RSI, Source: CryptoWaves<\/p>\n

The post Volatile XRP and DOGE Whale Accumulation Steal the Show: Bits Recap July 25th<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR XRP briefly plunged below $3 before recovering above the psychological mark, with analysts viewing the dip as a temporary pause in its broader uptrend. Whales scooped up 310 million DOGE, with analysts eyeing a rally toward $0.46 and even $5. A substantial spike in burn rate and oversold RSI levels suggest SHIB may be […]<\/p>\n","protected":false},"author":0,"featured_media":83722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83721"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=83721"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/83722"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}