XRP News Today: Pepe Coin Tests Key Resistance as XRP Rises 5.11% and Shiba Inu Dips 21%

Pepe Coin, XRP, and Shiba Inu (SHIB) are among the most watched cryptocurrencies as traders and analysts monitor price developments ahead of key market movements in August. Pepe Coin is currently testing resistance at $0.0000129, with traders suggesting that a breakout above this level could signal further upward potential [1]. However, the coin has not yet shown consistent strength to confirm a sustained bullish trend.

Shiba Inu, on the other hand, has seen a bearish correction, losing around 21% of its value in the past 10 days [2]. Analysts have identified critical support levels for SHIB, noting that if the price holds above $0.0000103 and subsequently breaks through $0.0000171, a potential rebound to $0.0000239 is possible [3]. This trajectory aligns with typical volatility seen in meme-based tokens, where sentiment and whale movements can significantly influence short-term price swings.

XRP is currently the most active among the three, with a 5.11% increase in the past 24 hours, pushing its price to $3.01 [4]. The token has bounced from a recent low of $2.72, raising speculation that a price target of $10 may be within reach if bullish momentum continues [6]. Analysts have offered conflicting signals on XRP's future, with some projecting a potential rise to $4.89 on a non-logarithmic scale or even $1,000 in a bullish scenario [4]. However, others have warned of a potential MVRV death cross, a technical indicator that could signal bearish momentum in the near term [5]. This divergence highlights the uncertainty that remains in the XRP market.

Beyond these tokens, the broader crypto market is also seeing activity in projects like BlockDAG, which has raised $361 million in its presale [7]. Unlike PEPE and SHIB, which are largely driven by speculative and meme-based demand, BlockDAG has demonstrated tangible progress, including a live app and miner demos, which could support its long-term utility and growth potential [7].

Market observers remain cautious, particularly in light of a recent 25.3 trillion token shift involving PEPE, which suggests a possible market correction after a previous surge [8]. XRP’s bullish movement is also being weighed against the MVRV death cross, a signal that some traders interpret as a warning of possible short-term instability [4]. These developments underscore the volatile nature of the current market and the importance of both technical indicators and broader sentiment in shaping future price trends.

As key price levels and potential launch events approach, the coming days will likely provide more clarity on whether these assets can maintain their current momentum or face a reversal. Investors are advised to closely monitor both technical signals and market sentiment, as both will play a critical role in determining the next phase of performance for these tokens.

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[1] Pepe Coin Hits Resistance But 'XRP 2.0' Continues 6x Climb Into August (https://blockchainreporter.net/pepe-coin-hits-resistance-but-xrp-2-0-continues-6x-climb-into-august/)

[2] Shiba Inu Price Prediction & Latest News August 2025 (https://www.bitget.com/academy/shiba-inu-shib-price-prediction-latest-news-august-2025)

[3] Pepeto Presale Accelerates as Shiba Inu (SHIB) Whales ... (https://www.mitrade.com/insights/news/live-news/article-3-1009128-20250804)

[4] Analyst Spots Death Cross on XRP Price as Exchange Inflows Surge ... (https://coingape.com/markets/analyst-spots-death-cross-on-xrp-price-as-exchange-inflows-surge-is-a-crash-ahead/)

[5] Analyst Predicts How High XRP Could Go as Its Epic Final Leg Approaches (https://thecryptobasic.com/2025/08/04/analyst-predicts-how-high-xrp-could-go-as-its-epic-final-leg-approaches/)

[6] XRP Price Prediction: XRP Bounces From $2.72 Bottom (https://cryptonews.com/news/xrp-price-prediction-xrp-bounces-from-2-72-bottom-could-10-be-hit-within-days/)

[7] Top Crypto Coins To Watch: BlockDAG, PEPE, SHIB & ... (https://blockchainreporter.net/top-crypto-coins-to-watch-blockdags-361m-presale-gains-edge-over-pepe-shib-and-doge/)

[8] PEPE Price Erases Zero Amid 2530000000000 Token Shift (https://u.today/pepe-price-erases-zero-amid-2530000000000-token-shift)