The post Second XRP Price Wave Can Bring $5, Solana (SOL) Joins Bull Market, Dogecoin (DOGE): Don’t Miss This appeared on BitcoinEthereumNews.com.

Solana finally in Dogecoin’s rapid surge XRP is heating up once more. The asset exploded past $3.50 following a strong and clear breakout above the $2.80 resistance, erasing months of sideways accumulation. However, a second price wave that would push XRP to the much-awaited $5 mark might be in the works, suggesting that the rally is not yet over.  From a technical standpoint, XRP is in excellent shape. With the 200 EMA, 100 EMA and 50 EMA all now aligned in a perfect bullish stack, the asset has overcome all significant resistance zones that previously restrained its growth. Strong support is currently provided by the former consolidation zone between $2.40 and $2.80, which is perfect for a second surge.  XRP/USDT Chart by TradingView Despite showing indications of stabilization, momentum indicators are still high. The fact that the RSI has not drastically reversed suggests that bulls are still hungry even though it is still in overbought territory. As for the price, it has formed a narrow range just below the recent high, which frequently comes before the start of a secondary wave, particularly on markets that are trending like this one.  That crucial component that needs to be restored is volume. The trading volume has somewhat cooled following the spectacular breakout to $3.50+. Volume will need to pick up speed again in order for XRP to surpass the psychological $4 barrier and get close to $5, indicating that institutional and retail demand are starting to influence the market again.  The path toward $5 becomes technically feasible if XRP is able to maintain above $3.30 and volume increases once more. The path to a robust upward extension is open because there are essentially no historical resistance levels between the current price and $5, particularly if Bitcoin and Ethereum continue to hold macro…

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Filed under: News - @ July 22, 2025 3:28 am