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XRP, Dogecoin and Cardano Near Chart Support as U.S. CPI Data Approaches

CoinGape marked $1.10 for XRP, $0.0700 for Dogecoin and $0.17 for Cardano, but did not timestamp its four-hour chart readings.

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Pedestrians pass the Bureau of Labor Statistics headquarters in Washington, D.C. (AI-generated image / EconoTimes)
Pedestrians pass the Bureau of Labor Statistics headquarters in Washington, D.C. (AI-generated image / EconoTimes)

A Nov. 8 CoinGape technical review placed XRP, Dogecoin (DOGE) and Cardano (ADA) near chart-defined support and cited upcoming U.S. inflation releases as a possible source of crypto volatility.

The review listed XRP at $1.1547, DOGE at $0.07096 and ADA at $0.1787 on four-hour charts. It gave no candle close time or time zone, so the figures cannot be confirmed as readings from the same moment.

For XRP, CoinGape said a sustained move below $1.15 could expose a $1.10 chart marker. A move above $1.20 could bring $1.25 into consideration, the outlet said. Its chart showed an RSI reading of 30.52 and a MACD histogram that was below zero but narrowing.

For Dogecoin, the analysis put support at $0.0700, about 1.4% below the quoted price. CoinGape said DOGE would need to regain $0.0720 before testing resistance near $0.07507. Its reported RSI was 35.97, and its Chaikin Money Flow reading was 0.03.

CoinGape's Cardano chart placed $0.17 below the $0.1787 reading, about 4.9% lower, after ADA fell under $0.18. It identified $0.18 and then $0.19 as levels to recover. The outlet reported a MACD line near -0.0028, compared with a signal line near -0.0026.

The U.S. Bureau of Labor Statistics (BLS) scheduled its October Consumer Price Index (CPI) release for Tuesday, Nov. 10, at 8:30 a.m. ET (13:30 UTC). Its October Producer Price Index (PPI) release is scheduled for Friday, Nov. 13, at 8:30 a.m. ET. CoinGape cited the releases as potential sources of crypto-market volatility.

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