Dogecoin (DOGE) $1.2 Billion Explosion Fading, XRP 50% Price Spike Is New Massive Target, Solana (SOL) Technical Cross Is Coming

Dogecoin's Trading Volume Surge and Potential Decline

Trading volume for Dogecoin (DOGE) recently surged to an unprecedented high of $1.2 billion. This surge triggered a temporary surge in its price, which has since begun to decline. As volume starts to stabilize, it suggests that a price decline may be imminent.

Key Support Levels for DOGE

During the surge, DOGE reached a peak of $0.124, but has since fallen to roughly $0.1205. As volume returns to normal levels, the price action indicates a potential exhaustion of buying power. If buying pressure fails to re-emerge, a significant correction may unfold.

• $0.117: 50-day moving average, providing initial support
• $0.1139: Additional support level
• $0.1104: Last line of defense before a deeper decline

XRP's Strong Price Action

XRP's recent price action has been robust, with the asset rising above $0.63, marking a 50% increase from its recent lows. Speculation suggests a potential target of $0.94, a significant historical level.

Key Resistance Levels for XRP

• $0.70: Primary resistance, previously a hurdle in previous attempts to rise
• $0.80: Next resistance target
• $0.60: Support level, critical for maintaining the rally

Solana's Golden Cross Signal

On the daily chart, Solana (SOL) is approaching a potential technical event: the intersection of the 26-day EMA (Exponential Moving Average) and the 100-day EMA. This "golden cross" pattern often signifies a bullish trend and indicates the potential for sustained price increases.

• $160 and $170: Resistance levels that SOL may challenge if the golden cross occurs