XRP, Bitcoin, Dogecoin Show Signs of Life as Shiba Inu Struggles: July 6 Analysis

XRP, Bitcoin, and Dogecoin are all trying to recover from recent selloffs. Shiba Inu? Still lagging despite a small bounce.

XRP climbed from $1.05 support and is testing the 50-day EMA around $1.19. That’s the level to watch. A breakout above it opens the path to $1.28. The RSI finally moved above 50 — first real bull momentum in weeks. But the structure is still bearish. If this rally stalls, $1.10 support comes back into play.

Bitcoin fell hard from $80k to the $58k-$60k zone before buyers stepped in. It’s back above the 20-day EMA now. The real test is $66k-$70k where the 50 and 100-day MAs sit. That’s a thick wall of resistance. The RSI recovered from oversold to neutral, which is encouraging. But this is stabilization, not a confirmed reversal. The 200-day MA at $75k is a long way off.

Dogecoin bounced from $0.070 support. Still sitting below all major moving averages. The recovery is real but fragile — DOGE hasn’t broken any significant resistance yet.

Shiba Inu is the weak link. It’s trading around $0.0000043 after nearly touching $0.0000040 support. All three major MAs are above price. The bounce is weak compared to past recovery attempts. Bulls need to reclaim $0.0000050 to change the narrative. Without volume, this just becomes another lower high.