XRP Hits 'Extreme Fear' Zone, SHIB Volume Collapses, DOGE Eyes 30% Breakout

Source: CryptoNewsNet Original Title: U.Today Crypto Digest: XRP Hits ‘Extreme Fear’ Zone, Shiba Inu (SHIB) Volume Collapses to Lowest Level of 2026, Dogecoin (DOGE) Price Eyes 30% Breakout Original Link:

Market Sentiment Shift

The retail cohort is entering a state of full-scale capitulation on XRP. Social sentiment around XRP has flipped to “Extreme Fear” following a sharp 19% correction from its January 5 year-to-date high.

According to the latest social sentiment data, XRP has fallen into “Extreme Fear” territory. This comes after a disappointing 19% correction from its year-to-date highs on January 5. The drop has soured the mood among small retail traders, who went from euphoria to pessimism within less than three weeks.

Since peaking near $2.40 in the first week of January, XRP has bled value. The popular altcoin recently plunged back under the psychological $2.00 mark.

Contrarian Signal Potential

Seasoned market watchers note that such extreme negative sentiment often acts as a counter-indicator. Historically, when the “crowd” consensus leans heavily bearish, prices have a tendency to move in the opposite direction, with late shorts ending up being squeezed.

If history repeats, the current wave of pessimism could mark a local bottom, setting the stage for XRP to challenge resistance levels once the fear subsides.

Shiba Inu: Volume Collapse Signals Market Apathy

Shiba Inu trading volume has dropped to its lowest level of 2026, marking the weakest participation seen on the chart this year. By SHIB’s standards, activity is essentially nonexistent, indicating a blatant lack of conviction on the part of both buyers and sellers. Instead of trading, SHIB is drifting.

This behavior is typically associated with an asset losing attention, not one preparing for a decisive breakout. Reactions to market movements are muted, price fluctuations are small, and volatility is decreasing. The volume has nearly vanished this time, which differs from prior pullbacks when SHIB maintained at least moderate participation.

Context is important, but low volume is not always bullish or bearish. In the case of SHIB, volume did not compress during accumulation at a distinct bottom or following a robust rally.

Dogecoin: Eyes Bollinger Band Breakout

Dogecoin is trading between its lower Bollinger Band at $0.1226 and upper band at $0.1554, implying a volatility range of roughly 30%. If market forces align and ecosystem bulls support the meme coin, a rally is possible.

Within the last 24 hours, Dogecoin has climbed from a low of $0.1207 to $0.1285, suggesting that the meme coin is in a bullish mode and could continue on this momentum. If DOGE breaks by at least this percentage, the asset could climb over $0.16.

The trading volume has also soared by 5.39% to $1.38 billion as investors rekindle interest in the meme coin amid a market rebound. The crypto market is posting a notable recovery and has climbed by 1.79% in the last 24 hours.