Price: $0.38697 2.5156%
Market Cap: 56.84B 1.735%
Volume (24h): 8.07B 0.4%
Dominance: 1.735%
Price: $0.38697 2.5156%
Market Cap: 56.84B 1.735%
Volume (24h): 8.07B 0.4%
Dominance: 1.735% 1.735%
  • Price: $0.38697 2.5156%
  • Market Cap: 56.84B 1.735%
  • Volume (24h): 8.07B 0.4%
  • Dominance: 1.735% 1.735%
  • Price: $0.38697 2.5156%
Home > Information news > 3 XRP Price Levels to Watch Now, Most Important Solana (SOL) Test Coming, Dogecoin's (DOGE) Biggest Breakthrough in 70 Days

3 XRP Price Levels to Watch Now, Most Important Solana (SOL) Test Coming, Dogecoin's (DOGE) Biggest Breakthrough in 70 Days

Release: 2024/09/28 00:31 Reading: 540

Original author:U_Today

Original source:https://coinmarketcap.com/community/articles/66f6d67556e5cf03efd7e5f0

XRP Poised for Breakout or Breakdown

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As XRP approaches a symmetrical triangle pattern, its chart indicates a possible breakout. However, volatility remains low, leaving traders in suspense.

Crucial Price Points for XRP:

  • Support: $0.55 - Holding above this level is crucial to prevent increased selling pressure.
  • Resistance: $0.62 - Breaking above this level would confirm a bullish reversal and potentially trigger a rally.
  • Apex Symmetrical Triangle: $0.60 - A breakout from this pattern could ignite volatility and determine XRP's direction.

Solana Approaches Key Resistance

Solana nears the crucial $160 price point, a significant resistance level. Historically, SOL has faced difficulties crossing this threshold.

If $160 is breached, a decisive rally could follow, pushing SOL towards $180 or higher. Failure to break through may lead to a retracement to $140.

Dogecoin Breaks Resistance

Dogecoin has surged through a 70-day resistance, marking its strongest upward move since July.

This breakthrough suggests a potential reversal in the asset's price. Bulls have gained momentum, surpassing significant moving averages like the 200 and 100 EMAs.

Next Resistance for Dogecoin:

  • $0.14: If the rally continues, this resistance may be challenged, potentially driving DOGE higher.

Caution:

  • RSI indicates that Dogecoin is approaching an overbought zone, which could trigger a correction.
  • Failure to maintain the breakout may lead to a retreat to $0.11.

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