The crypto market is facing instability, with Bitcoin dropping to 113K. At the same time, several altcoins like XRP, Pi Coin, and Shiba Inu show signs of recovery.
Bitcoin Dominance and Altcoin Market
Bitcoin's dominance is currently hovering around 62%, with traders closely monitoring the 63% resistance level. This metric indicates how much of the total crypto market is dominated by Bitcoin and has frequently signaled changes in market trends when it reaches these points. In July 2025, Bitcoin's dominance was rejected at this level, raising the possibility of another 'altseason' similar to 2021 when altcoins gained strength. As Bitcoin is losing momentum, leading altcoins are likely to take dominant positions next week.
XRP Price Analysis
Buyers attempted to push XRP above the 20-day simple moving average (SMA) at $3.2, but sellers held their ground. As of writing, the XRP price is $2.8, declining over 4% in the last 24 hours. Although the price dipped below the key $3 support, buyers are defending the immediate support lines. Bulls may make another attempt to push the XRP/USDT pair above the 20-day EMA. If successful, the price could stay between $3 and $3.33 next week. However, if the price drops again, it may signal that buyers are giving up, increasing the risk of a fall toward the next strong support at $2.66.
Pi Coin and Shiba Inu Price Analysis
Pi coin closed below the key breakout level of $0.38 and dipped to the 20-day simple moving average (SMA) at $0.32. Buyers are likely to strongly defend this level, as a break below it could pull the PI/USDT pair down to $0.21, delaying the next upward move. Conversely, if the price bounces above the 20-day EMA with strength, it would indicate that buyers are stepping in at lower levels and may try to push the price back above $0.38 for a retest of the resistance at $0.45. Meanwhile, Shiba Inu has been on a strong downtrend, dropping over 27% in just two weeks, trading at $0.00001179, down over 2% in the last 24 hours. Sellers stepped in around the $0.000014 level and drove the price below $0.000012, suggesting that the SHIB/USDT pair might continue moving within a wide range between $0.00001 and $0.000018. The next support is at the 50-day SMA, currently around $0.00001016. If the price bounces from there, buyers may attempt to break above the 20-day SMA again, but falling below the 50-day SMA could lead to further declines towards $0.000009.
The crypto market displays volatility as Bitcoin faces challenges, but altcoins like XRP, Pi Coin, and Shiba Inu provide hope for potential recovery. Traders should closely monitor price levels and market trends in the coming days.
