XRP has officially crossed the $ 2 brand, psychologically and technical, paving the stage for a possible raising of about $ 2.50 in the near term. A decisive indicator, which traditionally indicated the repercussions of the trend on the encrypted currency markets, the SIA moving average for 200 days (EMA) is restored by the original where the momentum is gained. After restricting it for several months due to a descending price channel, the daily chart displays a clean bounce of the lower border.
The bullish feelings are growing because 200 EMA now works as support instead of resistance. According to traders, this level is necessary to distinguish between upward continuity and landing unification, and the recent measures of XRP indicate that the latter may develop. The price is traded at about 2 dollars, indicating a steady upward trend in both trading volume and price procedures.
This increase is proposed in size, and it is necessary to maintain the difficult momentum, through this increase in the market, and it is necessary to maintain the momentum ascending. RSI has an area to rise before it becomes its climax, allowing Bulls the breathing room they need to advance towards the following important resistance areas. At $ 2.20 and 2.27 dollars, as XRP was previously under sale pressure, there is immediate resistance.
The original may target $ 2.50, which is the decisive psychological level that also corresponds to the upper range of the concession channel, if these levels are convincingly broken. The technical position of XRP was generally improved. A strong basis for the continuous upward trend is provided with a mixture of a fracture above 200 EMA, recovery from the duct support and increased size. The track looks about $ 2.50 more feasible as long as XRP remains higher than two dollars and maintains important support areas that can revive interest in assets and recover them in the long run.
Solana ascends
By performing its prices, which make up a classic ascending triangle, a pattern usually known as the upscale composition, Solana quickly approaches a turning point. Sol is now testing the upper limits of this triangle, and is currently residing near the resistance level of $ 120 after the unification weeks and a fixed rise from its lowest level.
Top declines in the upward triangle indicate increased purchase pressure, while resistance remains largely flat. According to this style, bulls are responsible and gradually lead the sellers to retreat. Sol is currently trading about $ 116, increasing more than 3 % over the past day, indicating a new momentum. The 120 dollar sign is a psychological and technical barrier, if broken, it can lead to a significant increase in prices. It is more than just horizontal resistance.
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Slowly increasing the size is another important indicator of penetration. A big step is higher than the upper limit of the triangle, especially in conjunction with an increase in trading activity, to a gathering towards subsequent resistance levels at $ 132 and $ 140. Sol can return to the support test at $ 110, which is also in line with the rising trend line, if it is not able to break the triangle.
There is a possibility for more bullish direction, though, given the feeling of the public market and the RSI, which is currently lower than the peak purchase area. This is an important time for merchants. Soling the following price path for SOL will be largely dependent on how it works at about $ 120.
Solana may be in a position that allows him to restore the lost land and ignite the ups of the upward running about $ 140 and higher if the rising triangle is formed, as expected. At the present time, the penetration is the center of attention.
Dogecoin is close to the main level
There is a critical moment approaching Dogecoin as its price approaches a large resistance level at $ 0.17. There is a significant increase in size, which is the last price recovery support for DOGE, which comes after weeks of weak monotheism. To reflect the long -term landmark, DOGE needs to overcome three important resistance levels, and the second is a sign of $ 0.17.
The M -coin recently wiped the first larger momentum at $ 0.15. Attention will immediately resort to the third and final main resistance, which is located between $ 0.19 and $ 0.20, and has served historically as a strong barrier to continue upward if it decreases 0.17 dollars after that. Technically, the RSI Index (RSI) has recovered from the sale mode, indicating that Doug has a space for height before reaching excessive conditions in the peak.
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However, moving averages remain higher than the current price, as they act as dynamic resistance areas that can suppress the upward movement if the momentum fades. The important thing here is the size. A significant change in prices is usually preceded by a rise in purchase of purchase, and Doge is currently supported with the highest daily size in weeks.
This adds credibility to the attempted penetration and signals determined by traders at a potential gathering. However, this moment is pivotal. If $ 0.17 is not fractured with confidence and kept, DOGE may return to re -testing about $ 0.15 or $ 0.14. However, it may indicate the beginning of a long -term reflection and possibly return to $ 0.20 and higher if the bulls can stick.
