The crypto market delivered impressive gains in recent weeks, with Bitcoin pushing toward its all-time high and altcoins like Dogecoin, Ethereum, and XRP following with sharp rallies. However, as of today, July 23, 2025, all three are showing early signs of cooling. If Bitcoin remains below the $120K mark, these coins could see short-term pullbacks. Let’s break down the charts and key signals for each.
Dogecoin surged aggressively from below $0.18 to nearly $0.28 in under two weeks. However, the 4H chart now shows a loss of bullish momentum:
Outlook: If Bitcoin remains weak, DOGE could test the $0.24 zone, and deeper support lies near $0.216. Caution is advised on fresh entries unless DOGE reclaims the $0.26-$0.27 zone with volume.
Outlook: ETH could retrace to $3,200 if BTC fails to reclaim bullish momentum. A bounce from that zone would offer a good long opportunity, but for now, ETH appears overextended.
XRP rallied hard in mid-July, pushing from $2.20 to over $3.61. But that rally is stalling with early signs of reversal:
Outlook: A drop below $3.40 could trigger a deeper pullback toward the $3.00 mark. XRP bulls need Bitcoin above $120K to maintain upward pressure.
While all three cryptos — $DOGE, $ETH, and $XRP — have had strong upside moves recently, momentum is slowing across the board. The charts are flashing early bearish signals, and with Bitcoin consolidating under $120,000, a broader correction could be brewing.
Traders should monitor BTC closely this week. A break below key levels could offer dip-buying opportunities in these altcoins at support zones.
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