3 Cryptos to Watch for Next Week...

Some altcoins have shown explosive rallies recently—but signs of consolidation are starting to appear. Will a Bitcoin drop below $120K trigger a wider correction?

Rudy Fares

Rudy Fares

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Categories: CryptoaltcoinsCrypto analytics

3 Cryptos to Watch Next Week

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.

1. Dogecoin (DOGE): Breakout Fades at $0.28 Resistance

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:

  • Current Price: $0.254
  • Resistance Rejection: DOGE failed to close above $0.28274
  • Support Levels: $0.216 and $0.1865
  • RSI (4H): Dropped from 61.67 to 48.16, signaling weakening momentum
  • MA Cross: Price is currently under both 9 and 21 EMA, showing potential for bearish crossover

DOGEUSD_2025-07-23_13-21-16.png

DOGE/USD 4-hours chart - TradingView

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.

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2. Ethereum (ETH): Struggling to Hold Above $3,700

Ethereum blasted from $2,700 to $3,731 but is now slipping below short-term moving averages:

  • Current Price: $3,649
  • Recent High: $3,731.6
  • Support Zone: $3,200 is the next major horizontal level
  • RSI (4H): Dropped from 62.59 to 48.96, indicating bearish divergence
  • MA Cross: Price slipped under the 9 EMA at $3,701.1 and 21 EMA at $3,720.6

ETHUSD_2025-07-23_13-21-02.png

ETH/USD 4-hours chart - TradingView

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.

3. XRP: Losing Steam After $3.61 Peak

XRP rallied hard in mid-July, pushing from $2.20 to over $3.61. But that rally is stalling with early signs of reversal:

  • Current Price: $3.435
  • Resistance Zone: $3.61 remains unbroken
  • Support Zones: $3.00 and $2.80
  • RSI (4H): Fell from 58.5 to 47.99, now close to neutral
  • MA Cross: XRP is sitting below both 9 EMA and 21 EMA

XRPUSD_2025-07-23_13-20-52.png

XRP/USD 4-hours chart - TradingView

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.

Final Thoughts

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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Rudy Fares
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Rudy Fares

Equity Trader, Financial Consultant, Musician and Blockchain Aficionado. I spend my time doing Technical and Fundamental Analyses for Stocks, Currencies, Commodities and Cryptocurrencies.

Regular updates on Web3, NFTs, Bitcoin & Price forecasts.

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