Kraken: Ethereum Price Surge Signals Bullish Momentum Above $2,580

Ethereum's price has turned positive, breaking through the $2,550 resistance level and establishing a strong position above $2,580. With a bullish trend line forming and the 100-hourly Simple Moving Average acting as support, the cryptocurrency shows potential for further gains. The recent peak at $2,627 indicates strong momentum, and if this trend holds, Ethereum could see additional upside in the near term.

Ethereum Price Turns Positive — More Upside Likely if Momentum Holds

Ethereum's price has initiated a fresh upward trajectory, surpassing the $2,550 resistance level. The cryptocurrency now trades above $2,580, comfortably positioned above the 100-hourly Simple Moving Average. A bullish trend line is forming with support at $2,550, signaling potential for further gains.

The recent surge saw ETH test the $2,620 resistance, peaking at $2,627 before entering a consolidation phase. Market observers note that maintaining support above $2,550 could pave the way for another leg up. Key resistance levels to watch include $2,650 and $2,680, with a breakthrough potentially propelling ETH toward $2,780.

Technical indicators suggest strength, with the price holding above the 23.6% Fibonacci retracement level of its recent climb from $2,515 to $2,627. The current consolidation appears healthy, setting the stage for what could be another bullish wave if momentum persists.

XRP Price Regains Traction — Is a Powerful Upside Break Brewing?

XRP has mounted a fresh rally, decisively breaching the $2.30 resistance level. The cryptocurrency now trades firmly above $2.280 and its 100-hour moving average, signaling bullish momentum. A key trendline support at $2.280 on the XRP/USD hourly chart suggests underlying strength.

The recovery follows a successful defense of the $2.25 support zone, with XRP outperforming both Bitcoin and ethereum in recent sessions. Technical indicators show the rally has already retraced 50% of the previous decline from $2.353 to $2.251. Market watchers now eye the $2.32 resistance as the next battleground.

Should buyers overcome the immediate hurdle at $2.33 — representing a 76.4% Fibonacci retracement — the path could open toward $2.35 and beyond. The Kraken-listed pair's technical structure suggests accumulation at current levels, with the moving average convergence providing additional support.

Dogecoin (DOGE) Eyes Breakout — Can Bulls Unleash the Next Surge?

Dogecoin has initiated a fresh upward trajectory, surpassing the $0.1680 mark against the US Dollar. The meme cryptocurrency is now consolidating, with potential to breach the $0.1720 resistance level. A bullish trend line is forming at $0.1680 on the hourly DOGE/USD chart, signaling sustained buyer interest.

The rally follows a rebound from $0.1650, mirroring gains in Bitcoin and Ethereum. DOGE's current position above both the 100-hourly moving average and the 50% Fibonacci retracement level of its recent downturn suggests growing momentum. Key resistance levels to watch include $0.1720 and $0.1750, which could catalyze further upside if decisively broken.