XRP Breaks Its Chains, Ethereum (ETH): Biggest Breakout Since May, Dogecoin (DOGE) Finally Bullish

Key Points

1. XRP has broken through its 50-day Exponential Moving Average (EMA) resistance, closing above $2.28, signaling a potential reversal and long-term bull run.

2. Ethereum (ETH) has reclaimed the $2,600 level for the first time since May, closing above all major moving averages, with the next target being the $3,000 psychological barrier.

3. Dogecoin (DOGE) has surpassed its 26 EMA on the daily chart, showing bullish momentum with a 2.3% gain and increased volume, though it still faces overhead resistance from the 50 and 100 EMAs.

4. The Relative Strength Index (RSI) for XRP and Dogecoin indicates shifting momentum, with XRP's RSI at 57 and DOGE's RSI rising to 51, escaping oversold territory.

5. Ethereum's breakout is supported by a significant increase in volume and a strong RSI move into bullish territory, with traders eyeing the $2,500-$2,550 range for potential support confirmation.