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Crypto Gainers For May 10: XRP(XRP),Solana (SOL) And Dogecoin (DOGE)

Irene Mukiri by Irene Mukiri
2 months ago
in Price Predictions
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Crypto Gainers For May 10: XRP(XRP),Solana (SOL) And Dogecoin (DOGE)
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  • XRP is testing a descending channel break out with a target of $3.40.
  • Solana (SOL) is rejecting long-term support resolutely while looking at resistance at $195 .
  • Dogecoin (DOGE) shows bullish continuation by triangle breakouts and rising volume.

In a notable shift across within the cryptocurrency realm where leading altcoins are showing strong bullishs to stir an optimistic mood among the investors. XRP, SOL, and DOGE are both seeing a strong case on both technical and fundamental momentum to advance such that the early stages of an altseason can be reasonably suggested. 

XRP is defying a prolonged downtrend, SOL is aiming for a life-altering breakout of multi-year resistance, and DOGE explodes at the back of sharp intraday rally and strong continuation patterns. As these assets build against important levels, analysts cite this as a rebirth of investor confidence and expansion of participant in the crypto market, as a lead up for a breakout-driven rally next few weeks.

XRP

In the most recent trading session,the latest trading session, XRP added 0.95% to close at $2.41 at noon, although it lost 24.44% in 24-hour trading volume in the process, which dropped to $4.69 billion. A market cap also grew slightly by 1.05%, to $141.31 billion. After further intraday volatility, going below $2.34 only to rally again, XRP regained bullish momentum in late trading. A total of 58.55 billion tokens in circulation of a maximum amount of 100 billion units, XRP’s fully diluted valuation (FDV) is now $240.96 billion. That day’s ratio in volume-to-market cap for the token was 3.32% implying muted trading activity as the relative stability rose slowly.

Source: CoinMarketCap

According to FLASH, XRP is on the verge of a potential bullish breakout as it tests the upper boundary of a descending channel that has contained its price action since early 2025. Currently trading at approximately $2.3629, XRP has shown a strong upward push in recent sessions, challenging the long-standing downtrend resistance. The green candlestick closing near the channel’s edge, coupled with a visible upward arrow, signals growing market optimism for a breakout toward the $3.40 region. If confirmed, this technical pattern could mark a trend reversal, positioning XRP for a new bullish phase after months of consolidation and lower highs.

Source: X

Solana (SOL) 

Solana (SOL) posted a 1% daily gain trading $171.35 off a market-wide upbeat bias, despite a 15.66% reduction in its 24-hour trade volume (to $6.11 billion). The market capitalization was up by 1.82% to $88.93 billion, which is a good sign of confidence by the investor. Despite brief volatility with price swings between $165.76 and $176, the crypto maintained a generally bullish trajectory throughout the session. With a circulating supply of 519.01 million tokens from a total supply of 600.35 million, and no capped maximum supply, Solana’s fully diluted valuation now sits at $102.92 billion. The volume-to-market cap ratio of 6.87% suggests moderate liquidity relative to its valuation.

Source: CoinMarketCap

According to Crypto Seth, Solana (SOL) is maintaining a strong long-term bullish structure, with the latest monthly candle trading at $172 up 4.57% and holding above the critical ascending support line that has defined its recovery since 2022. The chart shows SOL steadily climbing toward the key horizontal resistance near $195, which has acted as a multi-year ceiling since its previous peaks. The persistence of higher lows reinforces bullish sentiment, and a decisive breakout above the $195 level could open the path toward retesting the all-time high near $295. As momentum builds and the trendline remains intact, investors are closely watching for a potential surge in the coming months.

Source: X

Dogecoin (DOGE) 

Dogecoin (DOGE) received 9.18% positive movement in the past 24 hours, peaking to $0.2269 during the bullish mood among the crypto market. This dash took its market cap to $33.85 billion up by 9.19% even as its daily trading volume dropped almost 10% to $2.46 billion. The crypto experienced stable trading around $0.204 in early hours and a rocketing price after 8 am in a sharp upward surge. Having a total and circulating supply of 149.2 billion DOGE and no maximum supply cap set, the meme coin proves to be super liquid, as seen with 7.26% volume relative to its market cap.

Source: CoinMarketCap

According to Trader Tardigrade, Dogecoin (DOGE) exhibits a strong bullish continuation pattern, marked by ascending triangle breakouts across hourly Heikin Ashi candlesticks. The chart highlights three clear consolidation phases followed by upward breakouts, each confirmed by bullish price action and marked with purple arrows. This technical formation suggests sustained upward momentum as buyers consistently step in at higher lows, pushing resistance levels to the brink. With the most recent breakout nearing $0.212 and maintaining support above previous resistance, DOGE appears poised for further gains if volume and sentiment remain favorable.

Source: X

Tags: cryptocurrencyDogecoinSolanaXRP
Irene Mukiri

Irene Mukiri

Irene Mukiri, a crypto enthusiast and writer, embraces travel. As a digital nomad, she delves into the potential of blockchain technology, showcasing its capacity to unite and empower humanity in her writing.

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