XRP Hits New Seven-Year High as Ethereum and Dogecoin Show Mixed Weekly Chart Signals
2025-07-18 21:19:20
Main Idea
XRP reaches a seven-year high while Ethereum and Dogecoin show mixed performance amid a surging crypto market and evolving macroeconomic factors.
Key Points
1. XRP's price breaks its 2018 peak, reaching $3.66, with technical indicators like RSI at 70 suggesting an overbought condition and potential pullback.
2. Dogecoin consolidates near $0.20, with a weekly RSI of 56 indicating balanced momentum, but narrowing EMAs suggest caution for bullish continuation.
3. Ethereum faces resistance at $3,581, with a weekly RSI nearing 68 and ADX above 20, signaling potential trend continuation if buyers maintain strength.
4. Key resistance levels for Ethereum are $2,888 and $3,580, while support levels are $2,400 and $2,087, critical for determining its 2025 trajectory.
5. Market sentiment assigns a 54% probability to Ethereum's bullish continuation, with XRP's surge highlighting renewed volatility in the crypto market.
Description
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