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BTC breaks 126,000 USD! Full analysis of XRP, SOL, and DOGE price predictions
Bitcoin soared to a historic high of $126,080 this week, with capital quickly flowing into the altcoin market, making Ripple (XRP), Solana (SOL), and DOGE the focus for investors. As U.S. encryption legislation enters its final stages, analysts predict that XRP could reach $10, SOL could challenge $500, and DOGE could return to $0.50.
XRP Price Prediction: Cross-Border Payment Leader Aiming for $10
(Source: Trading View)
Ripple (XRP) has become a strong alternative to the traditional SWIFT system thanks to its fast and low-cost payment network. The recognition from the United Nations Capital Development Fund, along with strategic partnerships with several U.S. banks, has propelled its market capitalization to third place, currently exceeding $167 billion.
· Core Advantages of XRP
Increased Institutional Recognition: Endorsed by the United Nations Capital Development Fund, adopted by multiple American banks.
Stablecoin deployment: Launch of RLUSD dollar stablecoin, entering high-potential markets
Annual increase astonishing: soared 427% in the past year, far exceeding BTC's 95% increase.
Historical Breakthrough: Reached a new seven-year high of $3.65 on July 18.
· Technical Analysis of XRP
Current price: $2.81 (down about 23.5% from the high)
RSI Indicator: Approximately 42, after a 6% decline in the past seven days, there is still plenty of room for a rebound.
Technical Pattern: The chart shows a double bull flag pattern, supporting the next breakout.
Key Catalyst:
The ETF decision is about to be announced in mid-October. If the news aligns, the price target range for XRP is between 5-10 USD, and during a bull market phase, even greater increases may occur.
SOL Price Prediction: Ethereum's Strongest Rival Leads This Week
(Source: Trading View)
Solana (SOL) is currently one of the most scalable blockchains, with a market capitalization exceeding $120 billion and a total value locked (TVL) of $12.59 billion, demonstrating its DeFi ecosystem's continuous expansion.
· Solana Competitive Advantages
Technical Performance: High-speed, low-cost transactions with throughput far exceeding Ethereum.
Ecological Prosperity: Rapid Growth of DeFi, NFT, and Gaming Projects
Institutional Attention: A Solana spot ETF may be approved next month, attracting large-scale institutional funds.
· SOL Technical Analysis
Price Trend:
Strong rebound after hitting bottom of 100 USD in April
The cup and handle pattern formed from August to September, current price is 222 dollars.
RSI neutral level 50, has just realigned with the 30-day moving average.
Support and Resistance:
Strong support level: 150 USD
Key resistance level: $250 (breaking through may trigger a new round of upward movement)
End of year target: Return to the high of $293.31, or even challenge $500.
The increase in regulatory transparency creates favorable conditions for Solana's further growth, and the technical indicators show a strong consolidation trend is forming.
DOGE Price Prediction: Meme Coin Pioneer Aiming for $1 Milestone
(Source: Trading View)
DOGE (Dogecoin) has grown from a joke project in 2013 to the most representative meme token with a market value of 36.9 billion USD, supported by an exceptionally active community.
· DOGE Market Position
Celebrity Effect: Celebrities like Musk and Snoopy DOGE continue to promote.
Practical Application:
Tesla accepts DOGE as payment for some products.
PayPal and Revolut expand integration features
Practicality steadily improved
· DOGE Technical Analysis
Current Performance:
Price: $0.2451 (overnight drop of 1.4%, in sync with the market)
In May, it broke through $0.25, indicating a resurgence of institutional interest.
RSI is close to 48, still has huge upside potential.
Market Characteristics:
The meme coin sector has a market value of 79.1 billion USD, down only 1.3%. DOGE, with its large market value, shows a stability comparable to BTC, ETH, and XRP, which is extremely rare among meme coins.
Short-term goals:
If the historically bullish trend in October continues, along with the ETF news, DOGE may return to $0.50 by mid-month.
Investment Strategy for October 10: Seize the Opportunity of Altcoin Explosion
After Bitcoin reached a new high, the capital rotation effect is starting. The three major tokens XRP, SOL, and DOGE each have their own advantages:
XRP: Suitable for investors optimistic about cross-border payments and institutional adoption.
SOL: Suitable for risk-takers pursuing high-growth DeFi ecosystems.
DOGE: Suitable for flexible traders who grasp the meme coin craze and community power.
Risk Management Tips: Set stop-loss levels, build positions in batches, and closely monitor ETF rulings and regulatory news.