TL;DR
- XRP Volatility Reduced: XRP Bollinger Bands have reached a record compression (8%). A “big bang” move is now expected following the March 19 Federal Reserve meeting, with $1.60 as key resistance and $1.32 as critical support.
- Dogecoin (DOGE) Adoption Surge: Dogecoin daily active addresses surged 176% in seven days, reaching 116,200 as speculation grows over Elon Musk’s “X Money” payments integration.
- Shiba Inu (SHIB) Currency Outflows: Bitget recorded 63.7 billion SHIB in cold storage outflows to meet growing buyer demand. Let’s look at $0.00000569 as a vital support level for the current rally.
- Crypto Market Outlook: A high-stakes week for cryptocurrencies includes Wednesday’s FOMC rate decision, PPI data, and updates on Michael Saylor’s latest Bitcoin (BTC) acquisition strategy.
XRP Price: Bollinger Bands Signal ‘Big Bang’ Ahead of Fed Meeting
The popular cryptocurrency XRP has entered a phase that can literally be described as “extreme calm.” The point is that XRP volatility, if assessed using the Bollinger Bands indicator, has fallen to the lowest level since 2024. Right now, the gap between the lower and upper Bollinger Bands on the daily chart is 8%, according to TradingView.
In other words, the compression is at a record level. For example, in 2024, before XRP hit a new all-time high, this spread stood at 6.3% at one point, and at that time XRP was trading at $0.5 per token. What happened after this squeeze was released was that XRP surged by 611% and in January 2025 it reached the $3.4 level.
XRP Teases ‘Big Bang’ Scenario Ahead of March 19: Bollinger Bands, Dogecoin (DOGE) Jumps 176% to Break 6-Figure Threshold in Active Addresses, Shiba Inu Coin Sees 63.772 Billion SHIB Unlocked on Bitget – Morning Crypto Report Ethereum Has Nearly 60% Chance of Losing Second Place
The current degree of expansion is slightly higher by a few percentage points and, as can be seen in the graph itself, it is not that narrow, although these are still record readings for the last year and a half. One way or another, this will result in a “big bang” move. Whether it will be up or down is rather a fundamental question.
One of the main triggers for the future of the cryptocurrency market is March 19. That day the US Federal Reserve meeting will be held and the Fed rate decision will be released, which will likely become the catalyst that will push XRP out of this narrow corridor.
XRP is currently trading at $1.42, and a break above $1.60 paves the way for a long-term rally. On the other hand, a move lower and a break below $1.32 represents a critical support zone.
Dogecoin Activity Jumps 176% as Musk’s ‘X Money’ Fuels DOGE Interest
At the same time, Dogecoin is demonstrating what in current crypto market conditions can be called anomalous activity, something that may force many to reconsider their short-term forecasts for the meme coin.
According to Ali Martínez, citing data from Santiment, there was explosive growth in active addresses on the Dogecoin chain, with the number increasing by 176% in just seven days. Daily active portfolios grew from 41,557 to 116,200. This happens as the token continues to hold the level of around $0.95 per DOGE.
It is quite possible that the interest is being fueled by Elon Musk’s recent statements regarding the launch of the X Money payment system within the X social network, which will enter early access as early as April 2026. Whether Dogecoin will be integrated in some way remains pure speculation for now.
However, this is not surprising given that Elon Musk, who calls himself the “DogeFather”, is a long-time supporter of Dogecoin. The businessman has repeatedly hinted that he intends to send the meme coin “to the moon.”
From a technical perspective, Dogecoin continues to consolidate within a very important zone that can be described as accumulation. For example, the token traded in this range from August to October 2024, after which it rose over 300%, reaching what can be described as its second peak after 2021 at almost $0.5 per token.
Shiba Inu (SHIB) Sees Major Bitget Exit as Cold Wallets Respond to Buying Pressure
The next story this morning is also related to a meme coin, and not a random one, but directly the consistent rival of Dogecoin. This refers to Shiba Inu (SHIB). Unexpectedly, during a relatively quiet Sunday in the cryptocurrency market, the Bitget exchange became the largest Shiba Inu wallet in the last 24 hours, according to Arkham.
Yes, the volumes are not large – $372,000 in equivalent, but in current market conditions this allowed Bitget to become number one in outflows among all wallets that own or trade SHIB.
These releases from cold storage typically occur when an exchange needs to respond to some withdrawal or purchase request for tokens on the platform. In other words, an order comes to the exchange, someone wants to buy tokens, and there are not enough tokens in the active wallets for the order book. Therefore, they are released from cold reserves to meet demand.
Crypto Market Outlook: Fed Rate, PPI, and Michael Saylor’s Bitcoin Strategy
Next week is expected to be no less saturated with events, especially those affecting the cryptocurrency market. On Monday, the market is awaiting data on how much Bitcoin Michael Saylor bought on Strategy’s balance sheet, considering they have now launched STRC shares promising double-digit rates of return aimed at purchasing Bitcoin.
PPI data and the US Federal Reserve’s FOMC interest rate decision are expected on Wednesday. Interest rate decisions from Japan and Europe will be announced on Thursday.
On Friday, the OPEX meeting and the expiration of volatility options in the US market will take place, which is also a very important element for all financial markets, not just cryptocurrencies.
Price levels to take into account:
- XRP: The key price level remains $1.50.
- Dogecoin (DOGE) – Trades in a fairly wide range from $0.086 to $0.11, therefore the focus should be precisely on these resistance and support levels, and any moves within this range represent a higher decision-making risk than moves at or beyond these levels.
- Shiba Inu (SHIB): Ended the week with a more than 10% gain in price, but the last two days have seen a sell-off. After such performance, a correction even to the $0.00000569 level for SHIB would be acceptable. However, a breakout and consolidation below this level would likely mean that the bullish move has exhausted itself.
