Kraken Data Reveals XRP’s Bullish Momentum as Price Surges Past $2.50

XRP’s price has shown remarkable resilience, climbing steadily above the $2.50 mark and igniting bullish sentiment among traders. With strong support at $2.420 and a key bullish trend line forming at $2.510 on Kraken’s hourly chart, the digital asset is poised for further gains. Market participants are now closely watching the $2.60 resistance level, which could serve as a springboard for additional upside momentum.

XRP Price on a Steady Climb — Bullish Sentiment Grows Stronger

XRP price has established a firm foothold above $2.50, signaling renewed bullish momentum. The digital asset found strong support at $2.420 before embarking on its latest upward trajectory, with Kraken data revealing a key bullish trend line forming at $2.510 on the hourly chart.

Market participants are eyeing the $2.60 resistance level as the next critical threshold. A decisive close above this point could catalyze further gains, mirroring the positive momentum seen across major cryptocurrencies like Bitcoin and Ethereum.

The current price action demonstrates resilience, with XRP maintaining its position above both psychological support levels and the 100-hourly Simple Moving Average. This technical strength comes amid growing Optimism in the broader digital asset market.

Dogecoin (DOGE) Gears Up for Next Leg Higher — Will Resistance Break?

Dogecoin has initiated a fresh upward trajectory against the US Dollar, rebounding from the $0.220 support level. The meme cryptocurrency now shows bullish momentum, with eyes set on the $0.2650 resistance zone.

DOGE’s price action confirms a breakout above key levels at $0.2320 and $0.2350, supported by a 100-hourly moving average. A connecting bullish trend line on the hourly chart further reinforces the upward potential, with immediate resistance looming at $0.2450.

The recovery mirrors broader market trends observed in bitcoin and Ethereum, suggesting renewed investor confidence. Technical indicators point to sustained buying pressure, particularly after clearing the 50% Fibonacci retracement level of the recent downturn.