XRP news today: Dogecoin, Solana, XRP Show Bullish Patterns, Gains

Dogecoin (DOGE) is showing signs of a potential rally, with a third falling wedge breakout in the DOGE/BTC pair observed on April 28, 2025. This pattern has historically led to significant price increases for DOGE. Currently, Dogecoin is trading at $0.1812, with a weekly gain of 12% that has boosted its market capitalization to $25 billion. The breakout above the 100-period Exponential Moving Average (EMA) suggests a bullish momentum that could drive the price towards its all-time high of $0.74. However, if DOGE fails to surpass this resistance, it may fall back to the $0.1500 support level.

Solana (SOL) is exhibiting a bullish cup and handle pattern, which could push the price beyond $200.00. Currently trading at $151.19, SOL has seen a daily gain of 2.4% and a monthly rise of 20.56%. The long-term uptrend, which began in mid-2023, continues to show strength. If SOL breaks above the $200.00 resistance, it could target $250.00 to $260.00. However, failure to exceed this threshold could result in a drop to the $96.59 monthly low.

XRP is also showing bullish signs with a breakout from an inverse head-and-shoulders pattern. Currently priced at $2.31, XRP has risen 3.91% in the last 24 hours. The breakout above the $2.272 neckline suggests a potential target range of $2.70 to $2.90. The pattern, which formed over April 2025, indicates strong bullish momentum. However, XRP faces resistance at $2.50, and a drop below $2.272 could signal a false breakout, potentially pushing the price to $1.90.

Analysts are closely monitoring these cryptocurrencies for potential breakout events, which could spearhead a broader crypto market rebound. The favorable price indicators and recovery signals suggest that DOGE, SOL, and XRP are poised for significant price movements in the coming week. Traders are advised to keep a close eye on these assets as they navigate the dynamic cryptocurrency market.