Dogecoin held a key support zone near $0.068 on Tuesday, while XRP faced another wave of long liquidations and whale exchange inflows, leaving traders focused on whether nearby demand levels can stabilize both assets.
DOGE traded near $0.0702 on November 10, up 0.43% on the day, after falling roughly 33% from September highs above $0.10. The intraday low was $0.0692. Analysts view $0.068 as the main support floor after buyers defended it in July and August. A daily close below that level could open a path toward $0.065 and then $0.06, while a bounce may target $0.073 to $0.075. Trader Tardigrade said a double bottom is forming and maintained a $3 target for Dogecoin. The daily chart still shows lower highs and lower lows after rejection near $0.10 to $0.105 in late September, and $0.0792 has turned from old support into potential resistance.
Momentum indicators leaned bearish. The Relative Strength Index was 33.96, close to oversold levels, while the MACD line sat at -0.0034 below its signal line at -0.0031. On the upside, a move above $0.0792 would bring $0.085 and $0.09 into view, with $0.10 as a larger target.
In Dogecoin ETF news, a November 6 SEC filing showed 21Shares ended its support services agreement with House of Doge effective November 5. The agreement covered research, operations, data and marketing for the 21Shares Dogecoin ETF. The filing did not say the ETF would close. US spot Dogecoin ETFs reported no net creations or redemptions on November 6, with about $15.1 million in cumulative net inflows and total assets near $12.1 million. Over the latest 30 sessions the funds had about $212,000 in net outflows. Grayscale’s GDOG held most of the inflows, while 21Shares’ TDOG accounted for a smaller share.
Dogechain network data showed 322,210 transactions in the week starting November 3, up 33% year-over-year, but average daily active addresses were about 40,379, down 22% from a year ago. New addresses fell 41% to 72,216, and average daily transfer volume declined to about 7.96 billion DOGE from 12.6 billion in mid-October.
XRP, meanwhile, remained under pressure after November 9 liquidations reached $26.02 million across seven tracked exchanges, with long positions responsible for 98.4% of the total. Reports put total long liquidations above $40 million. Market analyst CasiTrades had flagged $1.10 as a downside target, and that level has now been reached. Ali Charts said XRP had hit the lower edge of a descending channel and that $1.14 must hold for a potential rebound toward the upper boundary near $1.30.
Binance recorded its largest daily XRP whale inflow since 2024, with about 691 million XRP worth more than $900 million sent to the exchange. The 90-day moving average of XRP inflows climbed above $100 million per day, its highest level in nearly six months. Analysts noted that the October 29 Binance hack, in which around 233.5 million XRP was stolen, may explain part of the deposit increase if reserves were being replenished. XRP was trading more than 67% below its latest all-time high. Panos, an XRP holder and contributor, said the XRP Ledger’s daily decentralized exchange volume was about $5 million and total value locked near $35 million, arguing that Ripple’s corporate success, XRPL growth and XRP price were separate matters.
Near-term price action for both assets depends on whether selling pressure fades and whether DOGE holds $0.068 and XRP defends the $1.10 to $1.14 support area.
