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Key Levels to Watch: XRP Reclaims $2, SOL Tests $120, DOGE Approaches $0.17

by Drop Gorn
April 12, 2025
in Crypto, Dogecoin, Finance, Memecoins, Opinion, Ripple XRP, Solana
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Key Levels to Watch: XRP Reclaims $2, SOL Tests $120, DOGE Approaches $0.17
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  • XRP Breaks Above $2: XRP has reclaimed the 200-day EMA and bounced cleanly off a descending channel, signaling a strong trend reversal. Analysts now eye $2.20, $2.27, and possibly $2.50 if momentum holds.
  • Solana Eyes $120 Breakout: SOL is testing the top of an ascending triangle near $120. A breakout above this could push prices toward $132 and $140. Volume is rising, and RSI remains in safe territory.
  • Dogecoin Tests $0.17 Resistance: DOGE has cleared $0.15 and now faces critical resistance at $0.17. With volume surging and RSI still below overbought, a move to $0.20+ could follow if bulls maintain momentum.

The crypto market’s heating up again, and some big names are making serious moves. XRP just bounced back over $2, Solana is pressing up against a major resistance level, and Dogecoin — yes, Doge — is showing signs of life. With fresh momentum building and key technical levels in play, here’s a quick breakdown of where things might be headed next.

XRP Regains Key Support, Bulls Eye Breakout

XRP has officially reclaimed the $2 mark, and it’s making some noise while doing it. Not only did it flip a psychological level, but it also jumped above the 200-day EMA — a level many traders watch like a hawk. That’s a big deal in crypto land.

The daily chart shows XRP bouncing perfectly from the lower edge of its long-term descending channel. With the 200 EMA now acting as support instead of resistance, the bullish mood is definitely building.

At the time of writing, XRP is hovering just over $2.02. Volume’s ticking higher too, which suggests market participation is strengthening, and that’s critical for pushing further.

Immediate resistance lies at $2.20 and $2.27, where sellers previously stepped in hard. If bulls manage to break those levels cleanly, the next logical target is $2.50 — a big psychological number that also lines up with the top of the channel.

As long as XRP holds that $2 level and momentum keeps up, the uptrend could be just warming up.

Ripple Xrp Price Analysis

Solana (SOL) Pushes Toward Breakout — All Eyes on $120

Classic Ascending Triangle Forms

Solana is showing textbook behavior right now. The chart’s forming a clean ascending triangle, a pattern that typically signals a bullish breakout. SOL is trading just below $120, which has become a clear wall that buyers are itching to break through.

Price is currently at $116, and those higher lows suggest bulls are gaining ground. If SOL manages to push past that ceiling with volume backing it, analysts are pointing to $132 and even $140 as the next major stops.

On the downside, if it fails to break above, SOL might dip back to $110, where strong support has been holding.

But overall, sentiment’s improving, RSI is in healthy range, and momentum’s picking up — making this triangle breakout one worth watching closely.

Dogecoin (DOGE) Inches Toward $0.17 — Make or Break Time?

Meme Coin Battles Key Resistance

DOGE is stirring again. After weeks of pretty boring price action, the coin is now approaching a big test at $0.17, a resistance level it hasn’t been able to crack recently.

Backed by a big bump in volume, Dogecoin recently broke through the $0.15 level — and it did so with momentum. If it clears $0.17 next, the next big area to watch is between $0.19 and $0.20, a range that’s historically tough to break.

The RSI has room to run, and for the first time in weeks, volume is clearly on the rise. That’s usually a good signal for price continuation.

But if $0.17 holds and bulls don’t follow through? DOGE could slide back to retest $0.15 or $0.14. Still, with sentiment shifting and traders watching closely, it’s shaping up to be a crucial moment.

Tags: $DOGE$SOL$XRPDogecoinrippleSolana
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