- XRP struggles at $2.36 resistance, a breakout could push it toward $2.40.
- BTC faces rejections at $84,500, needs strong momentum for further upside.
- DOGE holds above $0.172, signaling bullish strength for potential higher gains.
The cryptocurrency market remains highly volatile, with major assets experiencing both gains and losses. XRP, Cardano (ADA), Solana (SOL), Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) continue to move within key support and resistance levels. Investors are closely monitoring price action to determine the next potential breakout points.
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XRP: Testing Resistance at $2.36 Amid Volatility
XRP is currently priced at $2.35, reflecting a 0.53% decline over the past 24 hours. The asset has seen high volatility, with strong support around $2.28, where it rebounded after a dip. Another minor support level exists at $2.30, where the price temporarily consolidated before climbing higher.
On the resistance side, XRP faces selling pressure at $2.36, the highest price on the chart. A breakout above this level could push the asset toward $2.40, a psychological barrier. If XRP remains above $2.30, it may continue to challenge resistance levels. However, a breakdown below $2.30 might lead to a retest of $2.28 or lower.
Cardano (ADA): Maintaining Uptrend Momentum
ADA is trading at $0.7263 after a 0.76% daily drop. The price found strong support around $0.695, where it rebounded sharply. A minor support level at $0.705 provided temporary consolidation. The main resistance is positioned at $0.732, with a potential upside toward $0.74-$0.75 if ADA breaks above this level.
The asset showed significant recovery after early-session weakness, with steady buying interest near support zones. If ADA holds above $0.72, it could attempt another push toward resistance. A breakdown below $0.705 may lead to a retest of $0.695 or lower.
Solana (SOL): Facing Resistance Near $134
SOL is trading at $128.94, down 3.62% in the last 24 hours. Strong support lies between $124.50 and $125.00, where buyers stepped in after a price drop. Another minor support level at $127.00 briefly halted the decline.
The main resistance level stands at $134.10. A break above this point could drive SOL toward $138-$140. However, the price struggles to surpass $130, indicating short-term resistance. If SOL remains above $128, it may retest higher levels. A breakdown below $127 could push the asset toward $125 or lower.
Bitcoin (BTC): Struggling to Break Above $84,500
BTC is priced at $83,605.86, down 0.43% in the past day. The asset found strong support between $81,500 and $82,000, where buyers entered the market. A minor support level at $82,500 provided consolidation before the price rebounded.
On the resistance side, BTC faced multiple rejections at $84,000-$84,500. A successful breakout above this zone could push BTC toward $85,000. If the price holds above $83,000, another breakout attempt is possible. However, a drop below $82,500 could lead to further losses toward $81,500.
Ethereum (ETH): Strong Buying Interest Above $1,900
ETH is trading at $1,905.28, with a slight 0.14% daily decline. The key support zone between $1,860 and $1,870 has held strong, preventing further losses. A minor support level at $1,880 has also contributed to price stabilization.
Resistance is set at $1,916, with a potential upside toward $1,930-$1,950 if ETH breaks above this level. Despite rejections at resistance, the asset is forming higher lows, indicating bullish momentum. If ETH remains above $1,900, another attempt to breach resistance is likely. A drop below $1,890 may result in a retest of $1,870 or lower.
Dogecoin (DOGE): Bullish Momentum Above $0.172
DOGE is priced at $0.1740, reflecting a 0.97% gain over the past 24 hours. Strong support exists between $0.164 and $0.166, where the asset rebounded. A minor support level at $0.168 also provided temporary consolidation.
DOGE is currently testing resistance at $0.174. A breakout above this level could push the asset toward $0.176-$0.178. The price is forming higher lows, signaling strong bullish pressure. If DOGE remains above $0.172, further gains may follow. However, a drop below $0.170 could lead to a retest of $0.168 or $0.166.
