It’s an exciting weekend for crypto fans, and especially for those watching XRP closely. There’s been an update about Ripple’s case with the SEC, and while it’s not terrible news, it’s not great either.
According to an analyst, right now, XRP is trading around $2.43 — but the situation feels a bit shaky. Over the past three days, XRP tried to break through a key resistance level at $2.62, but it failed every single time. This isn’t a good sign because if buyers and big investors (like institutions) were strong in the market, XRP should have easily crossed that point. Even worse, instead of moving up, the price actually dropped below $2.50 yesterday.
At this stage, the market is leaning a little more bearish rather than bullish. According to the analysis, for XRP to look positive again, it needs to climb back above $2.50 — and ideally break past $2.62 with strong buying support.
If XRP continues to stay above $2.30, things are still under control. But if it falls below that level, traders should be ready for the price to drop closer to $2.00. That’s why the $2.30 support level is so important right now.
Be Ready for All Possibilities
Despite these short-term worries, the long-term outlook for XRP remains positive. Many still believe XRP could reach $10 by mid-2026 and even dream of a $100 price in the next five to ten years. But the road there won’t be smooth.
The crypto market is famously unpredictable. Prices can surge or crash without warning, and history shows that bull runs can be short-lived. While some believe the bull market might already be over after Bitcoin touched $110,000 and altcoins had their moment, others remain optimistic.
Aligning with the broader crypto market trend, Cardano (ADA) and Dogecoin (DOGE) are showing signs of a potential rebound, with analysts remaining bullish. The crypto market is currently on an upward trajectory, with the total market cap reaching $2.66 trillion, representing a modest 0.83% surge. Both Cardano and Dogecoin have demonstrated resilience despite their recent downturn.
Cardano (ADA) Shows Signs of Recovery; Learn More
Over the past few days, Cardano (ADA) has been experiencing a downtrend, sparking caution among investors. Last week, Cardano plummeted to a monthly low of $0.5165 and continued to trade in the negative zone.
However, ADA, in line with the broader crypto market resurgence, has managed to recover from the bearish trend, sparking optimism. Analyst AMCrypto shared a bullish forecast for ADA, positing that the altcoin holds a short-term target of $0.7.
According to AMCrypto, Cardano is currently positioned at its short-term support trendline, presenting a critical juncture for potential price movements. For a reversal to unfold, ADA would need to achieve a 4-hour candlestick close above $0.67, a level that could signal a shift in market sentiment.
Geopolitical Factors To Impact Investor Confidence
Despite this bullish outlook, AMCrypto presents a few factors that could affect investor confidence in ADA. For instance, he stated that broader geopolitical factors, such as the ongoing US-China trade tensions, may impact investor confidence and hinder a breakout. Until these trade dynamics stabilize, ADA’s ability to break through key resistance levels may remain challenging.
Dogecoin (DOGE) Rebounds: Is $2 on Horizon?
As of press time, Dogecoin (DOGE) is valued at $0.1559, up by 2.21%. Though the meme coin plummeted to a severe low of $0.151 last day, analysts and traders remain optimistic about its further moves, especially considering its current positive sentiment.
In a bullish forecast, market expert STEPH IS CRYPTO asserted that DOGE will hit $2 in the next three months. Reinforcing his prediction, other experts like CryptoSurf have also shared optimistic views. According to CryptoSurf, Dogecoin is poised to surge past $1 in the near term.
Source: X, STEPH IS CRYPTO
Will History Repeat for Cardano and Dogecoin?
Cardano is currently trading at $0.6153, with a surge of 1.37%. If history repeats itself, Cardano might be poised for a significant price surge, with April potentially marking the beginning of a major uptrend.
Currently, $ADA is testing a key resistance-turned-support level around $0.60. A successful breakout above the descending trendline could signal a bullish continuation, potentially driving the price toward $1.51.
For DOGE, historical patterns suggest that the meme coin is about to make a bullish rebound, potentially targeting $1 and beyond. According to CoinGape’s Dogecoin price prediction, DOGE will reach an impressive $0.1824687 in 2025.
The Shiba Inu community never fails to capture the market’s attention. On Friday, it highlighted the features of SHIB Pay, its own permissionless, on-chain payment system.
Amid rising talks of cryptocurrencies replacing the broken SWIFT (Society for Worldwide Interbank Financial Telecommunication) payments system, this system by the meme coin’s team is gaining substantial traction globally.
With renowned proponents like Eric Trump recently stressing the need for crypto to replace the broken TradFi system, on-chain payments systems are already a hot buzz. Intriguingly, crypto realm titans such as Ripple, Tether, and Circle have also revealed plans to bolster the crypto payments space.
Shiba Inu Boasts SHIB Pay As SWIFT Payments System Faces Heat
The Shib Magazine’s official post has recently touted SHIB Pay to be a revolutionary tool for merchants and users, on-chain. Shiba Inu’s community revealed that this portal eliminates the need for traditional payment processors, while users can pay without needing a central authority or approval.
Further, the self-custodial aspect offers merchants the right to hold keys for their own crypto wallets. This saga eliminates the need for any third parties, mitigating risks of frozen funds or loss of control over them. This endeavor by the dog-themed meme coin’s team gained significant traction amid rising TradFi concerns.
CoinGape Media recently reported that Eric Trump stressed that crypto will replace the broken SWIFT payments system at the Token2049 event. The U.S. President’s son believes TradFi to be outdated, citing limitations such as slower processing speeds, higher transaction costs, and limited accessibility. SHIB Pay, on the other hand, remains poised to counter these setbacks with on-chain capabilities.
Not long ago, Trump also stressed, “If the banks don’t watch what’s coming, they’re going to be extinct in 10 years.” This comment primarily hinted at Eric Trump’s pro-crypto stance, predicting that the digital asset space will replace banking ahead.
In line with this soaring optimism regarding crypto payments, the Shiba Inu community stole the spotlight with its recent payments tool update.
Ripple, Circle, & Tether Lead The Race?
On the other hand, crypto and stablecoin giants such as Ripple, Tether, and Circle are also jacking up crypto payments. CoinGape recently reported that Tether is looking to launch a domestic stablecoin for America, supporting crypto payments for everyday use. The firm’s CEO, Paul Ardoino, revealed that the current USDT coin remains for high-inflation purposes.
Meanwhile, Circle introduced CPN (Circle Payments Network), primarily empowering cross-border transactions. This payment system directly rivals Ripple Payments, another cost-effective cross-border transaction service on XRPL. Overall, now Shiba Inu aims to disrupt the crypto payments race with the introduction of its SHIB Pay.
SUI blockchain has been gaining traction in recent weeks, and its market cap is now approaching $7 billion. Fueled by meme coin activity and rising DeFi engagement, the network has seen a notable jump in DEX volume and technical momentum.
While indicators like RSI and EMA lines show early signs of a potential trend shift, overall strength remains mixed. SUI sits at a key crossroads—supported by short-term excitement but still needing stronger confirmation to challenge top-tier chains.
SUI Surges to 5th in DEX Volume, But Still Trails Top Chains
SUI’s recent surge in DEX activity has grabbed attention, largely fueled by growing interest in meme coins and speculative trading on its ecosystem. Over the past seven days, SUI’s DEX volume hit $2.1 billion, marking a 4.49% increase and continuing its steady upward trend.
This momentum has helped SUI outperform other ecosystems, most notably surpassing Arbitrum in the past 24 hours to become the fifth-largest chain by DEX volume.
However, despite the short-term gains, SUI still trails well behind top-tier networks like Base, BNB Chain, Ethereum, and Solana in total DEX activity.
Chains Sorted By DEX Volume In The Last 24 Hours. Source: DeFiLlama.
These established ecosystems continue to dominate in terms of liquidity, user base, and overall transaction volume.
While SUI’s rise is notable, especially given its relatively new position in the DeFi ecosystem, it will need to sustain this growth and diversify beyond meme coin hype to truly challenge the leading players.
For now, it remains an exciting underdog with momentum—but not yet a major contender.
SUI Momentum Rebuilds, But Trend Remains Weak
SUI’s RSI is now at 51.86, up from 35.22 just three days ago. This suggests buying pressure has returned after a short-term dip, helping stabilize price action.
The Relative Strength Index (RSI) measures momentum on a scale from 0 to 100. Readings above 70 are considered overbought, while those below 30 indicate oversold conditions.
Sitting near the midpoint, SUI’s RSI points to neutral momentum. It hasn’t crossed above 70 in almost a month, showing that bullish strength has remained limited.
Meanwhile, SUI’s DMI (Directional Movement Index) shows that its ADX is down to 9 from 14.79 just two days ago. The ADX measures trend strength, and anything below 20 signals a weak or nonexistent trend.
The +DI is at 15.83 while the -DI is at 13.15, meaning buyers have a slight edge—but the low ADX suggests that edge isn’t strong. There’s no clear trend dominating the market right now.
Together, the RSI and DMI suggest that SUI is in a consolidation phase. Buyers are showing some activity, but not enough to build a strong, sustained trend—at least for now.
EMA Setup Still Bearish, But SUI Bulls Show Signs of Life
SUI’s EMA lines are still showing a bearish setup, with short-term averages sitting below the long-term ones. However, the gap between them has narrowed, and a potential golden cross may be forming.
A golden cross occurs when a short-term EMA crosses above a long-term one, often seen as a bullish signal. If this plays out, SUI could gain momentum and push toward the $2.28 resistance level.
Breaking above that could open the path toward $2.41 and $2.54. If bullish momentum builds further, SUI blockchain could even test the $2.83 level—its highest since early March.
But if the market fails to hold current levels and selling pressure returns, a correction could begin. In that case, it might fall back to test the $2.02 support.
Losing that support could bring deeper downside, potentially pushing SUI toward $1.71. For now, price action is at a critical point, with both breakout and breakdown scenarios on the table.
