Foreign media commentators believe that the recent market performance of meme coins has diverged from that of mainstream altcoins. SHIB has shown signs of easing selling pressure after a continuous decline; DOGE is once again approaching the psychological level of $0.10; and XRP has found support multiple times around $1.30, showing signs of short-term stabilization.
SHIB's decline slows
The article states that after SHIB broke below the narrow upward range formed in April and early May, it did not experience a more rapid decline. The price found support near $0.00000550, and the rate of decline quickly slowed, indicating that the selling pressure was weakening.
Judging from the market signals, the trading volume during the recent pullback of SHIB has not increased significantly, indicating that there has been no concentrated panic selling in the market. The relatively weak trend continues, but the short-term selling pressure is not as strong as it was earlier this year.
The article suggests that if SHIB can hold the $0.00000540 to $0.00000550 range and regain resistance near $0.00000590 to $0.00000600, the price is more likely to consolidate rather than experience another rapid decline.
DOGE tests $0.10
The situation for DOGE is closer to a critical watershed. The article points out that after breaking through in May, DOGE failed to hold onto its gains, with momentum clearly weakening as it approached the $0.11 resistance level, subsequently falling back below the 50-day moving average, with trading volume also declining in tandem.
In the author's view, DOGE is currently barely holding above the $0.10 to $0.102 support zone. A break below this area could see the price fall back below $0.10. For meme coins, breaking through round numbers often amplifies emotional volatility and accelerates selling pressure.
However, the article also mentions that DOGE's medium-term recovery structure has not been completely broken. If buying pressure reclaims the $0.105 to $0.106 resistance zone and returns above the major moving averages, the market still has a chance to avoid further weakness.
XRP has repeatedly found support around $1.30.
In contrast, XRP's price action is considered to show clearer signs of stabilization. The article states that XRP has tested the $1.30 to $1.32 area multiple times over the past few months, but without a decisive break below it. Each dip was quickly met with buying support.
Currently, XRP remains under pressure from the moving average in the $1.39 to $1.47 range, and its overall structure cannot yet be considered to be strengthening. However, compared to previous rounds of decline, the momentum of the most recent drop has clearly weakened, and volatility has also tended to converge.
The article argues that if the $1.30 support level remains effective, XRP is likely to shift from sustained pressure to a recovery phase; however, if this level is clearly broken, it may re-enter a stronger downward trend in the short term.
