Dogecoin (DOGE), XRP, and Solana (SOL) Look Set to Make Big Moves

Trading volume for Dogecoin surged significantly recently, hitting an all-time high of $1.2 billion. The sudden surge in activity caused traders

Dogecoin (CRYPTO: DOGE) price has moved with significant volume recently. Meme coin has experienced remarkable price momentum over the past few days. DOGE price has rallied on the sudden increase in volume, but recent price movements suggest a correction may be on the way.

DOGE price has risen with the increase in volume, but recent price movements suggest that a correction may be on the way. Meme coin recently traded as high as $0.124 but has since lost momentum and is currently trading at around $0.1205.

When volume returns to normal levels, price action indicates that purchasing power may have been exhausted. If the buying pressure does not return, this change in market dynamics could lead to a more significant pullback. Whales and speculative traders played a large role in the sudden increase in volume, but there does not appear to be any sustained buying interest at these higher levels.

Given the decreasing volume, it may be difficult for DOGE to maintain its current price. If volume returns to pre-surge levels, prices could rebound further and test some important support levels. The first notable support level is where the 50-day moving average is located at approximately $0.117.

For DOGE holders, this level may provide some short-term relief, but if it breaks, a more significant correction may occur. The next critical support level lower than this is $0.1139, which could act as a buffer. Finally, the last line of defense before pushing DOGE further into bearish territory and possibly dropping the price even further is $0.1104.

XRP price looks strong

XRP (CRYPTO:XRP) price has looked very strong lately, with the asset climbing above $0.63, up nearly P from recent lows. The renewed uptrend has triggered conversations about a potential new price target of $0.94, a key previous price level for XRP.

Achieving this goal may not be as easy as it seems. One factor driving optimism is the recent breakout from the symmetrical triangle formation, which usually indicates further upside potential when paired with increased volume and momentum. This formation has been developing for several weeks and the breakout has added further momentum to XRP.

Although the Relative Strength Index is approaching the bullish zone, it is still strong, indicating that buyers remain in control for now. However, sustained buying pressure would be needed to push XRP to $0.94 – especially as the asset faces several areas of resistance.

The first significant resistance lies at $0.70, which has acted as a barrier to previous bullish attempts. You need to clear this level first to reach the next target, which is closer to $0.80. From a broader perspective, bulls should make sure that XRP remains above $0.60, which is currently a solid support level. A decline below this mark could indicate that the current rally is beginning to slow down and possibly reverse.

Solana's effective signal

Solana (CRYPTO:SOL) price is preparing for a potentially significant technical event on the daily chart; The 26-day exponential moving average (EMA) will soon cross the 100-day EMA. This gold cross pattern usually indicates a bullish trend and indicates that the price of SOL may rise in the next few days.

Charts show that Solana is currently trading at around $157, recovering from the mid-September low of $142. The asset appears to have regained its strength after a period of consolidation and is moving higher based on the current trend.

Short term momentum

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