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Home CRYPTO

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

Gary Ponce by Gary Ponce
April 12, 2025
in CRYPTO, DOGECOIN, FINANCE, MEMECOINS, OPINION, RIPPLE XRP, SOLANA
Reading Time: 4 mins read
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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.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: $DOGE$SOL$XRPDogecoinrippleSolana
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Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, and select meme tokens, combining personal trading knowledge with professional editorial standards.

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