XRP News Today: Solana, Sui, Dogecoin Hit Buy Levels Amid Crypto Downturn

Solana (SOL), Sui (SUI), and Dogecoin (DOGE) have recently hit buy levels, according to the latest price analysis. The crypto market is currently experiencing a downturn, with major altcoins down by 3% or more. This market condition has caused many traders to become cautious, but level-headed traders recognize these times as potential buying opportunities.

Solana's price has fallen through the ascending trendline and is currently holding at the major $162 horizontal support line. An M chart pattern has formed, indicating a potential drop to $137 if the support level is breached. However, all short-term Stochastic RSIs, as far as the daily, are in an oversold condition. With SOL resting on solid support after a 13% correction, a buy at this level with a stop loss in place is a valid move. Bulls would be aiming to target a higher high above $187, but this is also major resistance and would be a good place to take profits.

Sui (SUI) is showing several positive indicators on the daily chart. The price has recently touched the 50-day SMA and the bottom of the descending channel, which also serves as a good horizontal support level coinciding with the 200-day SMA. With the Stochastic RSI indicators in oversold territory and strong supports for the price, this appears to be a great place to buy. A stop loss would be placed underneath the 50-day SMA.

Dogecoin (DOGE) is currently exhibiting a strong buy signal. There is some back-and-forth between bulls and bears, indicating that this level is significant for both. The bulls are expected to come out on top, given the strong support and the fact that the Stochastic RSI indicators have bottomed. The last time there was a battle at this level, the Stochastic RSI indicators were at the top, and the price still went up. Additionally, the RSI reveals that the indicator line is just nudging below the 20.00 level in the 4-hour time frame, which is generally a very good buy signal.

The recent stall in US/China trade talks has contributed to a risk-off sentiment, causing a downturn in the crypto market. Traders are waiting for the US stock market to open to assess the impact of this news on traditional markets and, by extension, the crypto market. The current pause in talks could be due to an impasse, and it might take some time to resolve. Putting in stop losses is a good way to limit the downside should things deteriorate.

Solana's price dropped by 10% to $162, despite strong network activity, due to pressure from token unlocks and declining memecoin interest. The price of Solana is at risk of crashing to $145 as it completes a bearish double top pattern, indicating that bears are gaining strength. This shift in sentiment from bullish to bearish has been marked by a significant spike in sell-side pressure, with more than $30 million in long positions closed in under 24 hours. The Relative Strength Index (RSI) shows a massive spike in sell-side pressure, and the Moving Average Convergence Divergence (MACD) further indicates that bears are gaining strength. The key support level to watch in Solana's price movement is $159, which is the neckline of the double-top pattern. If SOL breaches this level, the downward momentum will continue towards $145.

Sui (SUI) has shown remarkable growth since its launch in May 2023 at $1.4, reaching an all-time high of $5.35 in January 2025. Following a market-wide pullback, its price dropped to $1.90. Dogecoin (DOGE) is currently trading above all key Exponential Moving Averages (EMAs), indicating strong bullish support. The 20-day EMA at $0.2207 and 200-day EMA at $0.2179 act as key support levels for DOGE. An analyst on TradingView sees the Dogecoin and XRP pair showing signs of a bullish reversal, with support holding strong and volume increasing. Smart money investors are quietly loading up on Solana (SOL), Dogecoin (DOGE), and Mutuum Finance (MUTM), expecting significant gains this summer. The price of SUI has been volatile, stumbling nearly 2% to just above the $107,000 level. Altcoins, including XRP, Solana, and Dogecoin, have fared worse, with Solana's price plunging 5% in the last 24 hours to trade at $164.67 as investors offload their holdings in the altcoin on the market.