XRP, DOGE, and ADA have been heavily impacted by the continued decline in the cryptocurrency market this November. The global market cap has dropped from $4.28 trillion to a six-month low of $3.27 trillion. Consequently, altcoins such as XRP, DOGE, and ADA are currently at positions lower than the significant support levels, which shows a significant bearish market.
Bitcoin and Ethereum Struggle as Fear Grips the Market
Bitcoin and Ethereum have also seen major price drops, adding to the crypto market crash’s negative sentiment. Bitcoin is at its lowest point since June 2025, which makes November a tough month. The fall of the price following its peak in October has caused the whole market to descend, with the Crypto Fear & Greed Index taking up a low of 15, marking extreme fear.
Weaker labor data, uncertainty about future Fed rate cuts, and billions of dollars in Bitcoin ETF outflows have further complicated this downturn. Bitcoin hit a five-month low, and liquidations were up at 970 million. The traders are becoming very much cautious with the fear that their further losses may occur since the market is in a state of extreme fear.
XRP Price Drops 9% as Market Bears Prevail
XRP price has seen a significant decline, dropping 8.88% in the last 24 hours to $2.28, amid a bearish market trend. The cryptocurrency has fallen below a key Fibonacci support at 2.30, which is an indication of further declining trends.
The XRP has fallen into another cycle of losses, even after expectations that it would lead to market development following the launch of the first spot XRP ETF. Besides, more than $149 million of XRP, approximately $336 million, have been out of centralized exchanges within 24 hours.
Dogecoin (DOGE) has experienced an 8% drop in the last 24 hours, trading at $0.1612. This is a falling pattern in the market, which has been further enhanced by the fears of the possibility of the shutdown of U.S. government.
DOGE has been on a downward trend; nevertheless, it is still above its earlier resistance level that has now become support. As long as the bearish mood continues, DOGE will be able to test lower support levels, putting more pressure on its price trend in the near future.
How Low Will Cardano Price Go?
Cardano price crashed by 9.3% in the last 24 hours, now trading at $0.5081. This sharp decline comes as part of a broader crypto market selloff that has hit multiple digital assets.
The next strong support of the Cardano price is at the position of $0.50. Further decline below this may drive ADA towards the following support area of $0.45, which may become a possible rebound buying area for traders.
Source by TradingviewIn conclusion, XRP, DOGE, and ADA are under strong pressure to decrease, as the market is in general decline, and each coin has already crossed important support. The bearish mood might drag these altcoins further down and might even reach other support areas within the next few days.
Source: https://coingape.com/markets/xrp-doge-ada-price-outlook-how-low-can-these-altcoins-drop-next/
