Summary:
• With bullishness building up in the crypto market, we present a case to hold XRP and buy more Shiba Inu and Solana.

A degree of bullishness has returned to the cryptocurrency market this week, with the market capitalisation rising from $1.9 trillion to $2.2 trillion as of this writing. While this is a market-wide recovery, some assets hold a greater potential than others. We look at the fundamentals around XRP, Shiba Inu and Solana prices and why they are among the top crypto assets that could move upward in the coming days.

Solana

Solana price has been on a hot streak since Wednesday and seems likely to continue the trajectory as market sentiment improves. SOLUSD hit a 24-day high of 152.41 at the time of writing, having gained more than 14 percent in the last three days. Solana’s move to establish a meme coin launch pad, FunPump generated a substantial uptick in blockchain activity.

The cryptocurrency has risen by 48 percent year-to-date, comparing favourably with Bitcoin’s 49 percent rise. Looking ahead, Solana’s fundamentals have favour steady growth in the coming weeks. The Solana Mobile team announced a new Web3-centric smartphone, Seeker, on Thursday, hailed as a major upgrade from its premier smartphone, Saga, which hit the markets last year.

Set to hit the shelves in mid-2025, Seeker has reportedly hit it off with customers, with more than 140,000 pre-orders placed. The phone is wider and more feature-rich than Saga, and will retail at $450, about half of what Saga initially cost at launch. By integrating its token ecosystem with hardware, Solana has cut a niche that strengthens its fundamentals and will help keep SOL price stable.

Solana price today

Solana price momentum favours the upside if action stays above the 144.70 pivot mark. That will likely send SOLUSD up to 153.00 where the uptrend will likely meet initial resistance. Above that level, the momentum could take the pair to 160.75 to encounter the second resistance.

Conversely, the sellers will take control if Solana price moves below 144.70. That will likely establish the first support at 137.60, but extended bearishness could break below that level. At that point, the upward narrative will be invalid, and the resulting momentum could take the price to test 131.25

XRP

XRP price inched up marginally on Thursday, gaining 0.1 percent to trade at $0.588. The crypto asset’s performance has been subdued by the SEC vs Ripple case that has been ongoing since December 2024. However, the case took a significant turn in early August when the SEC lost the foundational elements of the case.

A case to hold XRP

Ripple Labs was ordered to pay $125 million civil fine, which was seen as a slap on the wrist compared to the $2 billion sought by the SEC. XRP has gained 4 percent in the last week, with the gains attributable to market-wide positive momentum around Fed interest rate decision making. However, the volatility in XRP price could spike in the coming days as we approach the October 7 deadline date for the SEC to appeal.

The absence of a definitive legal regulatory framework for the use of digital assets as securities has put the SEC in a weaker position against Ripple Labs and could prove costly if the case extends. The SEC has also encountered headwinds in Congress this year, the one place where it needed support to have a strong standing.

Therefore, as things stand, this could play out in favour of XRP prices heading into October. As many traders are likely to tame their appetite for XRP before the appeal deadline, the crypto will likely trade sideways in the near term. That also presents a good entry point to buy XRP as long as it stays above key support levels discussed in the analysis below:

XRP forecast today

The momentum on XRP calls for further downside, as shown by the Stochastic Oscillator on the 30-minute chart. With the pivot mark at 0.590, the downward action will likely find initial support at 0.585. However, extended bearishness could break below that level to test 0.580.

On the other hand, moving above 0.590 will signal bullishness, with the next resistance likely to come at 0.595. Further bullish control at R1 could break above that level to invalidate the downside narrative and propel XRPUSD upward to test 0.598.

Shiba Inu

Shiba Inu has yet to repeat its heroics of yesteryears, but it has firmly established itself as an OG meme coin alongside Dogecoin. Despite losing some of the limelight to new-age meme tokens like PEPE, BONK and DogWifHat, Shiba Inu has built up a loyal fanbase that has stuck with it through the ups and downs.

Furthermore, the Shiba Inu development team has been quite innovative by bringing new utility to its ecosystem, so much so that it’s almost lost to the crypto community that SHIB is a meme coin. The launch of the K9 Liquid staking platform this week will involve staking Shibarium’s $BONE token. In turn, it will boost Shiba Inu price by increasing the transaction volume and Total Value Locked (TVL) on Shibarium, Shiba Inu’s Layer-2 blockchain.

Shiba Inu price prediction

SHIB price will likely have bullish momentum above 0.0000144, with the first resistance likely to be at 0.0000147. In addition, a stronger bullish momentum will likely go over that hurdle and test 0.0000148.

On the other hand, a move below 0.0000144 will put the sellers in charge. The downward momentum could initially find support at 0.0000142, but a stronger selling momentum could breach that level. That will invalidate the upside narrative and could take the action lower to test 0.0000140.

With the crypto market surpassing the $2.20 Trillion market cap, the Solana token has experienced a bullish reversal. Further, with its latest announcement of launching the second crypto phone the “Seeker” in 2025, its native token “SOL” has picked up momentum.

Moreover, the Solana funding recording a 2-month high is anticipated to be another potential reason for the recent price surge. With the SOL token regaining motion, will it reclaim $200 this Q4? Scroll down to find out the latest Solana price analysis.

SOL Coin Price Records Breakout Rally!

With a surge of 8.54% in 24 hours and a trading volume of $3.283 billion, this altcoin has successfully reclaimed the $150 mark. Moreover, it broke out of the resistance trendline of the symmetric triangle pattern in the 1D time frame.

Furthermore, it has jumped 6.28% during the past week and has recorded a return of ~49% this year alone. Notably, with the recent price pump it has surpassed the market cap of $70 billion, making it the 5th most valuable cryptocurrency in the market.

Solana Technical Sentiments:

The Relative Strength Index (RSI) has recorded a sharp rise toward the overbought range in the 1D time frame. Further, its average trendline supports the price trend. This suggests an increase in the buying pressure for the altcoin in the market.

Further, the MACD indicator has displayed a constant rise in the green histogram with its averages recording a similar price trend. This highlights that the Solana price will continue gaining value in the coming time.

Will SOL Price Ever Recover?

If the market continues gaining momentum, the Solana crypto price will test its resistance level of $155. Further, if the bullish sentiment intensifies, this could result in it heading toward its upper high of $181 this month.

Moreover, with the market regaining momentum and a highly anticipated Uptober, the SOL coin price could make a run toward its target price of $200.

On the flip side, a trend reversal could pull the price of Solana crypto toward its crucial support level of $127 during the upcoming weeks.

Also read, Solana Price Prediction 2024 – 2030

SPONSORED POST*

Cardano price prediction shows ADA is set to rally to $0.5 in the coming weeks, but both ADA and AVAX holders are shifting focus to a new crypto presale: Rollblock. 

Rollblock, currently in its 6th stage of presale, is trading at $0.027 and has already raised nearly $3.6 million. Analysts believe Rollblock is poised for massive growth, with potential returns of up to 200x in 2024. Let’s explore why Rollblock is generating such interest and how it compares to established cryptos like ADA and AVAX.

Cardano price prediction: ADA set to rally to $0.5, but why are ADA holders eyeing Rollblock?

Cardano (ADA), holders finally may have something to rejoice. According to Cardano price predictions, ADA might attempt to rally to $0.5 in the coming days, as indicated by its RSI (14). If buying volume picks up, ADA could likely attempt to break past the $0.5 level and the next resistance level could be around $0.6.

The ecosystem around Cardano is also expanding. The long-term potential of ADA is being enhanced by major improvements like the Iagon bridge, which enables the movement of assets between Cardano and Ethereum. 

Even with this positive outlook, ADA holders are now exploring Rollblock, which is currently in its 6th presale. It promises incredible returns of up to 200x, making it an enticing option if you’re looking for substantial gains.

Avalanche faces tough Q2 but shows signs of resilience

Avalanche (AVAX) saw the worst of Q2 2024, falling 40% year-on-year, down to an $11.6 billion market capitalization, though overall it is a 157% rise on the same period in 2023, so the ecosystem remains in good shape.

Revenue likewise tanked, dropping from 176,700 AVAX in Q2 to 96,200 AVAX, chiefly because of the slowdown in on-chain activity. However, some analysts are optimistic, predicting that renewed interest in on-chain transactions could revive revenue growth.

Staking within the Avalanche ecosystem remains stable, with a 6% increase in staked tokens. Despite these struggles, many AVAX holders are shifting focus to Rollblock, seeing greater potential for higher returns in its presale stages.

Why ADA and AVAX holders are shifting to Rollblock: The new crypto with game-changing features

So, why are ADA and AVAX holders turning their attention to the new crypto presale, Rollblock? Here’s the scoop. Rollblock offers something unique with its blockchain based provably fair gaming technology. This means you get transparent and fair gameplay, where every transaction is secure and verifiable, which is a big plus for anyone tired of uncertainty in other platforms.

But it’s not just about the technology. Rollblock is also all about engaging and informing its community. They provide real-time updates and feedback channels, so you’re always in the loop and part of a vibrant, informed community. This level of interaction is something that can be rare in the crypto world, making Rollblock stand out.

Then there’s the economic stability Rollblock brings. The casino uses its revenue to buy back $RBLK tokens, which helps support the token’s price. This kind of backing is reassuring, especially when you’re considering a new crypto investment.

With these compelling features, it’s no wonder ADA and AVAX holders are increasingly interested in Rollblock’s new crypto presale.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

*This article was paid for. Cryptonomist did not write the article or test the platform.

In a security breach, the Supreme Court of India’s official YouTube channel has been hacked, displaying videos that promote XRP, a cryptocurrency developed by the US-based company Ripple Labs. 

Among the content currently featured is a video titled “Brad Garlinghouse: Ripple Responds To The SEC’s $2 Billion Fine! XRP PRICE PREDICTION,” which is actively streaming on the channel.

The Supreme Court uses this channel to broadcast hearings related to cases before Constitution Benches and matters of public interest, raising questions about the integrity of the platform following this incident.

A new XRP price prediction by popular crypto pundit Egrag Crypto projects that the cryptocurrency could experience a historical price surge of about 9,468%. This predicted price gain would push XRP from its current price of $0.58 to $27, marking new All-Time Highs (ATHs).  

XRP Price Forecasted To Pump To These Targets

Egrag Crypto has taken to X (formerly Twitter) to express his bullish outlook on XRP, predicting the cryptocurrency could surge as high as $27. On Wednesday, September 18, the crypto analyst shared a price chart illustrating a speculative breakdown of potential price movements for XRP using five distinctive color indicators to represent various price increase scenarios. 

Related Reading

Each of these scenarios has been carefully analyzed, grounded on historical price trends and past price pumps. Additionally, the color indicators — white, yellow, red, blue, and green, are all arranged respectively to represent the ascending price potential of XRP. 

The white color indicator predicts that XRP is set to witness a 932% pump from the analyst’s predicted cycle low of $0.28. While this scenario is relatively conservative compared to other projections, if XRP can achieve the predicted pump, its price could surge to $3, nearing current all-time highs. 

The yellow color indicator foresees XRP increasing by 1,538%, potentially driving its price to fresh all-time highs of $4.85. While this target is much higher than the white scenario, it is still within the realm of possibility if the cryptocurrency maintains a positive momentum.

The red indicator projects that XRP’s price will jump to $6.22, marking a 2,035% increase. This massive surge would signal a strong bull run for the cryptocurrency, likely reflecting the influence of major external factors such as mass adoption and more legal clarity. 

In the blue color scenario, XRP is set to reach a higher price of $7.68, representing a whopping 2,536% increase. At this price, XRP would likely be seen as a major player in the market with potential long-term viability. 

Finally, the green color indicator predicts that XRP could witness a 9,468% price surge, potentially driving the cryptocurrency to a staggering $27. Although this ambitious prediction would be a historic achievement, it remains a far-fetched possibility with XRP’s current market dynamics. 

XRP Community Express Skepticism

While Egrag Crypto’s bullish projections for XRP raise the hopes of investors who have been HODLing the coin for years now despite its low value and persistent consolidation phase, many have also expressed doubts. A few crypto members criticized the analyst, calling him out for his overly bullish forecasts for XRP. 

Related Reading

Other members found the ambitious price predictions humorous, declaring that XRP is a “shit coin” and would remain so for a long period. Additionally, one crypto member underscored XRP’s long-term stagnant growth, highlighting that he had bought $1,000 worth of the cryptocurrency early last year but only accrued a profit of $100. 

Featured image created with Dall.E, chart from Tradingview.com

Summary:
• Ethereum price today is starting to show signs of improvement. Currently, Ethereum is priced at $2,433.10, showing a 2.47% rise.

Ethereum price today is starting to show signs of improvement with the cryptocurrency picking up momentum. Currently, Ethereum is priced at $2,433.10, showing a 2.47% rise at the time of writing. As Ethereum nears significant technical barriers, traders should watch closely for upcoming movements across various key levels.

Ethereum Resistance Level

Ethereum price faces a major obstacle at $2,555 in the near future. Since late August, this level has been a stubborn resistance, impeding ETH’s ability to achieve substantial gains. A move beyond $2,555 may lead Ethereum to target around $2,815, a level it last reached in July. This upward trend is essential for sustaining a positive perspective in the near future.

Ethereum Support Level

Throughout September, Ethereum has consistently found strong support at the $2,222 price level, preventing significant drops in price. This level of support has been checked two times, creating a strong foundation for possible upward movements ahead. Should Ethereum not surpass the $2,555 resistance level, there is a chance that it could retrace back to the support level, potentially presenting a buying opportunity for traders.

Key Levels to Watch

The key barrier following $2,555 is $2,815. This stage significantly impacted the latter part of July by stopping Ethereum’s bullish trend. Surpassing this level could lead Ethereum towards the critical barrier at $3,170, possibly indicating the beginning of a wider bounce back towards $3,540.

Ethereum Future Outlook

Ethereum is currently at a crucial juncture. Breaking through the $2,555 resistance could start a new rally, which could lead to an Ethereum price recovery, but failing to sustain upward momentum may result in retesting the $2,222 support level. Traders need to monitor these levels to gauge the next direction of ETH in the upcoming days and the Ethereum price forecast 2024.

Ethereum’s Correlation with Bitcoin

Ethereum’s price often moves in tandem with Bitcoin, as both are closely correlated due to their dominance in the cryptocurrency market. When Bitcoin rises, it boosts overall crypto market sentiment, often leading to gains in Ethereum and other altcoins.

Dogecoin (DOGE) price, a major meme-based altcoin, is witnessing a surge in market momentum amid a bullish trend. The cryptocurrency trades in an ascending pattern but struggles to maintain its position above key support levels. 

Over the past few days, Dogecoin has shown signs of consolidation, mirroring the performance of other cryptocurrencies in the market. Following a general recovery in the crypto space, Dogecoin’s price has improved, indicating a potential upward trend continuation.  At the time of writing, the DOGE price is trading at $0.1049, with a surge of  5% and a yearly surge of 66%.

What Needs to Happen for DOGE Price to Hit $1?

DOGE price predictions are heating up as the meme coin trend gains momentum in 2024. During the 2021 market surge, Dogecoin nearly reached the $1 mark, peaking at $0.7376. This marked an all-time high, although it has since retracted by over 85%. 

The current interest in meme coins suggests a potential resurgence for DOGE. Various exchanges actively list new meme coins, boosting the sector’s visibility and investor interest.

The resurgence of DOGE price could also be fueled by notable endorsements. Elon Musk has reaffirmed his support by announcing the reinstatement of DOGE as a payment method for Tesla merchandise. 

This decision followed a positive outcome in a recent legal case, stirring the community’s enthusiasm. Musk’s tweet, responding to a post by Sir Doge of the Coin, highlighted his ongoing commitment to the cryptocurrency.

As Dogecoin integrates into mainstream transactions, such as Tesla’s merchandising, the pathway to a $1 valuation appears increasingly plausible. The combination of a bullish meme coin market and influential endorsements positions Dogecoin favorably for potential growth. This scenario paints a promising picture for investors and enthusiasts watching DOGE’s trajectory toward the $1 milestone.

How Much 10M Dogecoin be Worth If DOGE Price Hits $1?

The DOGE price could reach significant value if it hits $1, with 10 million DOGE equating to $10 million. This milestone would mark a substantial return for early investors, considering the current market price.

Furthermore, large DOGE holders have been steadily accumulating the cryptocurrency since 2023. These whales are seen as a bullish indicator, signaling confidence in the asset’s future value. Their continuous accumulation suggests an optimistic outlook for Dogecoin, adding to the potential for a price surge.

The santiment data shows signs of consolidation, with smaller price recoveries in June and late July, suggesting the market may be poised for a reversal. If the current trend of growing volume continues, there is increasing speculation that the price could surge toward the $1 mark. Increased trading activity and market confidence could drive the next major upward movement.

For the DOGE price to hit $1, sustained bullish momentum, increased market confidence, and continued high-profile endorsements will be required. Additionally, rising trading volume, whale accumulation, and broader adoption in mainstream transactions, such as Tesla’s involvement, could fuel this price surge.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.