Crypto fans, buckle up! It looks like Dogecoin (DOGE) and Ripple’s XRP might be gearing up for some serious price action, with both eyeing potential 25% surges. At least, that’s what popular crypto analyst Ali Martinez is hinting at. But, as always, there’s a catch—especially when it comes to XRP.
Let’s start with DOGE. According to Martinez, the world’s favorite meme coin is flirting with a breakout from a symmetrical triangle pattern. For the uninitiated, that’s basically like DOGE being stuck in a tug-of-war between bulls and bears. This pattern has been holding tight ever since the market nosedived in early February, dragging DOGE down from over $0.30 to a painful low of $0.22.
Since then, DOGE has been bouncing between resistance at $0.28 and support at $0.244, like a pinball stuck in play. Right now, it’s chilling around $0.255. If the bulls finally get the upper hand, a 25% leap would send DOGE flying past $0.30 again. That’s the kind of move that gets the crypto community buzzing.
XRP, on the other hand, is playing by slightly different rules. It’s stuck in an ascending triangle—a pattern that typically hints at an upward breakout if the momentum holds. Should XRP break through, Martinez believes we could see a juicy 26% surge, pushing the price to around $3.40. That’s no small feat—it’s XRP’s all-time high, last seen in early January before the token hit a wall.
Fueling the bullish vibes for XRP is some big news on the ETF front. Brazil is set to launch its first-ever spot ETF tracking XRP’s performance, and across the pond, several U.S. applications have officially caught the SEC’s eye. It’s like XRP is stacking up wins, one after another.
But here’s the kicker—Martinez also threw in a word of caution. The TD Sequential Indicator, a tool that flags when a market’s running out of steam, has flashed a sell signal for XRP on the 3-hour chart. Basically, it’s like a warning light on the dashboard—ignore it, and you might be in for a bumpy ride.
So, are DOGE and XRP about to moon? Maybe. But as always in crypto, it’s a wild ride—strap in and hold on tight.