XRP
XRP is rapidly approaching $1, with an impressive 60% price increase over the past seven days. This performance has allowed it to break through all key resistance levels until $0.92, which remains intact at the time of this article’s publication.
The current support is at $0.68 and considering the sharp rise, the price might enter a brief correction to allow buyers to take a breather before continuing its push towards the critical resistance.
Looking ahead, XRP is expected to challenge the psychological barrier of $1 in the near future. If successful, the cryptocurrency will reach price levels not seen since 2021, when it almost reached $2.
Dogecoin (DOGE)
This OG meme coin has taken the market by surprise with its rapid rise in November, gaining 90% in the last 7 days alone! This performance has driven buyers’ attention back to Dogecoin, which remains extremely bullish.
The current rally reached nearly $0.44 before the pullback, and the price is currently trying to break the $0.4 resistance level. If successful, DOGE is expected to set higher records, with the main target being $0.5. After that, the next target will be the all-time high of $0.74.
Going forward, Dogecoin and other meme coins outperform most altcoins, which will only encourage market participants to move towards such cryptocurrencies. As the largest and oldest meme coin, Dogecoin is expected to benefit from this market sentiment.
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This week, the cryptocurrency surged 45% to $3.5, a new high! With the recent rally, SUI has entered a price discovery phase. This is an extremely bullish sign and mirrors Bitcoin’s price action, which also hit a new high last week.
The key resistance level is at $3.4 and if the buyers want to drive the asset higher, they must break this level and turn it into support, with key targets at $4.1 and $5.2. If the selling intensifies, then the SUI has good support around $3.
Looking ahead, SUI is one of the few altcoins to hit new all-time highs in this cycle. This fact alone makes it one of the most popular altcoins in the space right now.
