Crypto markets are experiencing a downturn, with total market cap falling below $3.9 trillion. Dogecoin and XRP are particularly affected, with both tokens facing significant losses. Dogecoin opened at $0.225 and closed at $0.212 after briefly testing support at $0.211. The technical indicators suggest a bearish outlook for Dogecoin, with an RSI of 41 indicating that sellers dominate. The structure of the price trend suggests continued losses, with key price levels pointing to potential declines further. XRP fared similarly, falling from $3.063 to $2.911, breaking the crucial $3.00 support level, which often triggers stop-losses. The RSI for XRP also reflects bearish sentiment, forecasting further declines as the ADX indicates weakening bullish momentum. Both cryptocurrencies exhibit signs of struggling momentum amid uncertainties in overall market conditions, particularly as they approach critical moving average levels that traders watch closely for potential trend reversals. Current sentiment surrounding the assets hints that additional downward pressure may be imminent as traders assess their positions ahead of broader market developments.

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