
Bitcoin, Ethereum, XRP, Dogecoin Dip: Key Levels to Watch This Weekend
After a week of volatility, the crypto market closed Friday on a sour note as Bitcoin, Ethereum, XRP, and Dogecoin dipped sharply, erasing the gains they had made following the Federal Reserve’s latest FOMC announcement. Traders are now focused on key levels that could define the weekend’s price action.
Bitcoin Slides Below Support
Bitcoin fell back toward the $113,000 zone, giving up its post-FOMC rally. Analysts note that the immediate support to watch sits near $111,500, a level BTC defended earlier this month. A break below could open the door to $108,000, where the last major rebound began.
On the upside, resistance remains at $115,000, and only a clear breakout could put $117,000 back in play.
Ethereum Struggles at Resistance
Ethereum mirrored Bitcoin’s move, dipping below $4,300. The token has been struggling to reclaim $4,600, a critical resistance level highlighted in recent analysis as the gateway to $5,000.
Immediate support lies around $4,100, while a loss of momentum there could drag ETH back toward $3,900. With onchain activity surging and ETF inflows still supportive, bulls are looking for consolidation before another leg higher.
XRP Pulls Back After Bullish Momentum
XRP has also cooled off, retreating to around $3.00 after testing higher levels earlier in the week. Technical analysts warn that $2.85–$2.90 is the zone to watch—holding this range would keep the bullish breakout structure intact.
Above, resistance remains firm at $3.20, with a potential breakout setting XRP on course for $4+ targets if momentum returns.
Dogecoin Holds the Neckline
Dogecoin, which recently flashed a bullish Adam and Eve double-bottom pattern, slipped back to $0.24. The neckline resistance sits at $0.245, and bulls will need to reclaim that level quickly to validate the breakout.
If DOGE loses support at $0.22, the structure weakens, potentially pushing price toward $0.20 before another attempt higher.
Market Context: Post-FOMC Caution
The pullback across major tokens comes as traders reassess the Fed’s dovish signals. While risk assets rallied earlier in the week, uncertainty around inflation data and global economic growth weighed on Friday’s sentiment.
Still, analysts argue that crypto’s long-term structure remains intact, with ETF inflows, growing onchain activity, and institutional adoption acting as bullish tailwinds.
Key Takeaway
The Bitcoin, Ethereum, XRP, and Dogecoin dip highlights how fragile momentum can be in the short term. For the weekend, traders should watch:
- Bitcoin: $111,500 support / $115,000 resistance
- Ethereum: $4,100 support / $4,600 resistance
- XRP: $2.85–$2.90 support / $3.20 resistance
- Dogecoin: $0.22 support / $0.245 resistance
Whether bulls step in or bears extend control could set the tone for next week’s market action.