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Altcoins

BNB Holds Ground While Shiba Inu, Dogecoin, and XRP Face Sell-Off Pressures

You can also read this news on BH NEWS: BNB Holds Ground While Shiba Inu, Dogecoin, and XRP Face Sell-Off Pressures In a heterogeneous display, four major cryptocurrencies navigate diverging

AnonymousCryptoCompass newsroom
October 24, 2026
3 min read
NEWS
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You can also read this news on BH NEWS: BNB Holds Ground While Shiba Inu, Dogecoin, and XRP Face Sell-Off Pressures

In a heterogeneous display, four major cryptocurrencies navigate diverging trajectories. Shiba Inu, Dogecoin, and XRP are under noticeable selling pressure, whereas BNB maintains a more resilient outlook. The observed price movements reflect the prevailing short-term recovery efforts that often fail to evolve into sustained momentum across most assets.

Shiba Inu and Dogecoin Persist Under Downward Pressure

Shiba Inu currently trades around $0.00000508, having failed to sustain its recent recovery attempt as downtrend forces loom over its daily chart. In the near term, the resistance zone to watch lies between $0.00000530 and $0.00000550, where overcoming these levels could pave the path to $0.00000580 and subsequently $0.00000600.

Conversely, $0.00000500 serves as the initial support threshold. Falling below this level could lead to further declines towards $0.00000470 and $0.00000450. The Relative Strength Index (RSI) remaining below 50 underscores sellers’ prevailing advantage short-term, while dwindling trading volumes reveal buyers’ inability to stage a formidable reversal.

A new signal of recovery for Shiba Inu could emerge if the near-term moving averages are surpassed, supported by stronger volume.

Dogecoin hovers around $0.07958, unable to break free from its persistent downward trend in 2025. The recent rejection near $0.1000 has strengthened the bearish structure. The initial resistance zone extends from $0.0850 to $0.0880, and a breakthrough could lead to a test of $0.0920.

Support levels are located at $0.0780 and $0.0750. Breaching these levels might intensify downward pressure towards $0.0700. The RSI’s stance in the lower neutral region, coupled with declining trading volumes, highlights caution among market participants.

XRP Faces Struggles Below $1.38, Amplifying Sell-Off Pressure

XRP is valued around $1.3045. Despite a rebound from the $1.00 dips back in August, the asset recently failed to maintain its momentum. The inability to rise above the long-term descending moving average at $1.38 presents a key obstacle for buyers.

Short-term resistance zones lie between $1.35 and the $1.38 to $1.40 range. Sustaining levels above could allow a new upward movement towards $1.45 and $1.50, contingent on stronger volume and daily closures.

While XRP buyers attempt to regain footing, caution remains until the $1.38 to $1.40 band is reclaimed.

On the downside, $1.30 comes forward as the primary support. Falling below this level could bring $1.25 and $1.20 into focus. Should the selling intensify, the subsequent support zone may lie between $1.10 and $1.15.

BNB Sets Itself Apart from Other Major Cryptos

Currently, BNB is trading at approximately $743.70, standing distinct from several other major cryptocurrencies by remaining above long-term trend indicators. The ascent beginning around $580 in August reached scores up to the $800 range by late September and early October, though profit-taking has since pulled the price back towards $720.

At present, the initial resistance is pegged between $750 and $760. Should this area be surpassed, a re-approach towards $780 and eventually $800 could unfold. On the downside, the support range is noted between $730 and the $710 to $720 region. With the RSI hovering around the 50 mark, a fairly balanced outlook between buyers and sellers prevails.

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