Popular alts price prediction: XRP barely maintains 3 dollars, PI firmly holds the last threshold at 0.32 dollars.

The cryptocurrency market has just suffered a heavy blow, as Bitcoin (BTC) struggles, altcoins are also facing challenges. Ripple (XRP), Pi Network (PI), and Shiba Inu (SHIB) have once again become the focus of market attention, with recent performance starting to turn sluggish.

Bitcoin Dominance: Holding Steady Around 62%, Alts in the Spotlight

Bitcoin's dominance has hardly changed - hovering around 62%, seemingly unable to break through the stubborn 63% barrier. Traders are closely monitoring this situation, as the last time dominance reached this threshold (earlier in July), it sparked speculation about a new round of "alts season" - somewhat reminiscent of the situation when altcoins were thriving in 2021.

As BTC slows down again, this could be another opportunity for alts to dive in and steal the spotlight next week.

XRP: Holding On

(Source: Trading View)

The trend of XRP is not smooth. Bulls are trying to push it up to around the 20-day moving average of $3.20, but bears are not buying in. As of today (4th) during the Asian session, the price of XRP is fluctuating around $2.99.

Nonetheless, bulls are still holding the $2.80 area, trying to prevent a collapse. If they succeed in pushing the price back above $3, we may see XRP fluctuate between $3 and $3.33 for a while. But what if the price drops again? $2.66 could be the next target.

PI: $0.32 Success or Failure Rides on This

(Source: Trading View)

Pi coin has also suffered heavy losses, breaking below the breakthrough level of $0.38 and falling to the 20-day moving average of about $0.32. This level is crucial—once broken, Pi coin could drop all the way to $0.21.

However, if the price rebounds from now on and buyers show some warmth, there is still hope. A breakthrough of $0.38 could even potentially retest $0.45. However, it has not yet escaped danger.

SHIB: Down 27% and still declining?

(Source: Trading View)

SHIB has been experiencing significant losses, dropping more than 27% in just two weeks. Currently, its trading price is $0.00001179. Sellers aggressively attacked around $0.000014, ultimately pushing the price down to below $0.000012.

Currently, SHIB seems to be fluctuating between $0.00001 and $0.000018. If it cannot hold the 50-day moving average (SMA) at $0.00001016, the situation could deteriorate rapidly—potentially falling all the way to $0.000009. But what if it rebounds? Buyers might once again challenge the 20-day moving average.