#XRP/USDT $XRP right now is trading on the support area If it breaks below 1.34 we will expect a move down targeting 1.27.

A market analyst pointed out that there is a strong cyclical correlation between Dogecoin and XRP, indicating that Dogecoin's price movements may be similar to XRP's past performance, exhibiting a multi-year cyclical pattern. The analysis notes that neither of these assets has hit a new all-time high during their respective upward trends, both forming large symmetrical triangles. Currently, Dogecoin's trading price is close to its 100-month moving average, with a pattern similar to XRP's mid-2022 pattern. If this pattern continues, Dogecoin could experience a prolonged consolidation phase before breaking through the $1 mark in mid to late 2028. At present, Dogecoin's trading price is approximately $0.09003, below its key moving average, indicating ongoing downward pressure.

Technical outlook: XRP at risk of a deeper pullback XRP hovers around $1.35 amid a strong bearish outlook. The price sits below a descending trendline resistance and trades below the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), clustered between $1.58 and $2.03, underscoring a dominant overhead supply zone. At the same time, the SuperTrend at $1.61 remains well above spot and continues to track lower, keeping downside pressure intact. The Moving Average Convergence Divergence (MACD) remains marginally above its signal while green histogram bars contract on the daily chart, suggesting modest momentum. This outlook aligns with a corrective, rather than impulsive tone. Meanwhile, initial resistance emerges at the trendline around $1.40, followed by Monday’s high at $1.42. A daily close above $1.42 would open the way toward the 50-day EMA around $1.58 as the next upside barrier. On the downside, immediate support sits at Monday’s low of $1.33, with a break exposing the February support at $1.12.