XRP News Today: Dogecoin Surges 77% Since June Lows Ripple XRP Hits $3.66

Dogecoin (DOGE) and Ripple (XRP) are currently experiencing significant price movements, capturing the attention of investors and analysts alike. Following Bitcoin’s sustained strength above $118,500, both DOGE and XRP have shown remarkable gains, with market dynamics suggesting potential for further increases.

Dogecoin’s recent performance has been particularly noteworthy, with a surge of over 77% since its June lows. This rally has been characterized by short pauses, but the last 24 hours have seen an accelerated upward trend. The momentum has been especially pronounced around the $0.18 to $0.20 range, where DOGE began a significant leap. Positive news, such as a company planning a $500 million DOGE reserve and potential ETF approval in September, has contributed to the rising market optimism surrounding DOGE. Despite Elon Musk’s silence on Dogecoin for 204 days, the meme coin continues to attract investors with its historic prominence. If DOGE can maintain closures above $0.26 and $0.28, it could embark on an upward journey toward $0.30, followed by tests of the $0.435 resistance. Additionally, the DOGEBTC pair has shown a recovery of the 0.00000207 support, suggesting a potential 20% increase against BTC.

Ripple’s XRP has also made significant strides, surpassing its January 2025 all-time high (ATH) of $3.4 to reach $3.66. This surge has been bolstered by Trump’s unexpected support for the crypto sector, which has helped clear previous hurdles faced by the industry. Trump’s actions have been surprisingly positive for cryptocurrencies, potentially positioning him as a transformative figure if the sector continues to thrive. While the outlook in USD terms is optimistic, viewing XRP through its BTC pair provides additional insights. XRP has frequently reached notable levels in this pair, with room for further appreciation. Currently around 0.0000293, XRP’s next aim is 0.00003490BTC, equating to $4.11 in USD at Bitcoin’s current price. Reclaiming the 2018 support at 0.00004540BTC could push XRP to $5.35. A BTC pair ATH, however, could bring XRP to a staggering $27.

While these optimistic scenarios are captivating, it is important to note that unexpected developments, such as policy shifts by Trump, could impact XRP and DOGE negatively. Therefore, individual investment strategies should consider various analyses for informed decisions. The current market dynamics suggest that both DOGE and XRP have the potential for further gains, but investors should remain cautious and well-informed.